Global Early Warning Radar Market & Key Drivers

Early Warning Radar

  • The early warning radar provides detection, tracking, and classification data of interceptors to defense systems. It is primarily used for long range detection of objects. This gives defenses maximum time to operate.
  • The early warning radar consists of antenna, transmitter, receiver, duplexer, display, digital signal processor, and other components.

    Early Warning Radar Market to Reach a Value of ~US$ 2 Bn by 2027. The global early warning radar market is anticipated to expand at a rapid pace during the forecast period, owing to increased demand for early warning radar from navy, army, air forces of various countries to detect, track, and control interceptors.

Key Drivers of Global Early Warning Radar Market: Government Investment for Strengthening Their Military Forces

  • Countries across the globe are spending more on defense budget for deployment of early warning radar as integral and indispensable part of arm forces, owing to the need of modern technology, especially in the high tech regional wars as well as to handle the challenges of complex counter-insurgency, intelligence, surveillance, and counterterrorism operations
  • The early warning radars are utilized for air strikes on evasive targets, surveillance, target acquisition and reconnaissance, monitoring coastal waters for adversaries, and multiple other military operations
  • Early warning radar provides military troops the capability to collect data that facilitate them to move more rapidly and check if they are being followed during combat assessment tracking, tactical reconnaissance, and cartographic missions
  • The market is expected to grow during the forecast period due to increase in budgets of governments to strengthen their military & defense.

Middle East & Africa Region Anticipated to Offer Attractive Opportunities

  • The early warning radar market in Middle East & Africa is estimated to expand at a rapid pace during the forecast period, followed by Asia Pacific, North America, and Europe
  • The countries in Middle East & Africa region such as Saudi Arabia, Israel, Qatar, and the UAE are anticipated to invest more due to nonconventional threats from terrorist groups, regional instability, and long wars in the region. These factors are estimated to drive the demand for early warning radars in the region during the forecast period.

Stringent Policy and Regulations Anticipated to Hamper Market:

  • The early warning radar policy and regulations differ between countries. Therefore, manufacturers need to follow various design constrains, periodic review, renewals, license, certification, and other stringent norms according to several national aviation authorities. Moreover, emergency directive is expected to delay the manufacturing of early warning radar components.
  • Additionally, high expenses involved in the R&D, manufacturing, system integration, and assembling stages of early warning radar are anticipated to hinder the market growth during the forecast period

Asia Pacific to Hold Major Share of Global Market

  • In terms of region, the global early warning radar market can be divided into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is a leading consumer of early warning radar, followed by Europe and North America. China, India, Pakistan, and Japan are the key markets in the region. In terms of demand, these countries account for major share of the market for early warning radar in the region

Key Players Operating in Global Market:

The global early warning radar market is highly concentrated with top manufacturers accounting for approximately 50%–55% of the market share. A few of the key players operating in the global early warning radar market are:

  • Northrop Grumman
  • Lockheed Martin
  • BAE Systems
  • Terma A/S
  • Boeing
  • Westinghouse
  • Raytheon Company
  • Israel Aerospace Industries
  • Raytheon