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According to Fortune Business Insights™, the global military radar market size was valued at USD 35.58 billion in 2023 and is projected to grow from USD 46.07 billion in 2024 to USD 211.12 billion by 2032, exhibiting a robust CAGR of 20.96% during the forecast period. In 2023, North America dominated the market with a share of 38.28%, largely due to strong defense investments and continuous radar system upgrades across the U.S. and Canada.

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Published by Rishika Chavan, 2025-07-17 05:37:38

Military Radar Market

According to Fortune Business Insights™, the global military radar market size was valued at USD 35.58 billion in 2023 and is projected to grow from USD 46.07 billion in 2024 to USD 211.12 billion by 2032, exhibiting a robust CAGR of 20.96% during the forecast period. In 2023, North America dominated the market with a share of 38.28%, largely due to strong defense investments and continuous radar system upgrades across the U.S. and Canada.

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