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• The global military radar market size was valued at USD 13.42 billion in 2024 and is expected to reach USD 24.71 billion by 2032, at a CAGR of 7.93% during the forecast period

• The market growth is largely fuelled by the rising defense expenditure globally, increasing modernization of armed forces, and growing demand for advanced surveillance and threat detection systems

• Increasing investments in naval, air, and ground defense systems, along with technological advancements in radar systems such as AESA (Active Electronically Scanned Array) and multi-function radars, are supporting market expansion

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