Military Radar Market Projected To Raise At USD 13.78 Billion By 2024
San Francisco, 6 June 2024: The Report Military Radar Market Analysis By Type (Ground-based, Naval, Airborne, Space-based), And Segment Forecasts To 2024 The global military radar market size is expected to reach USD 13,779.7 million by 2024, according to a new study by Grand View Research, Inc. The escalated demand for improving border safety is anticipated to propel growth in the security & surveillance systems and equipment, such as military radars. Radar systems used in the military sector are further used for weapon guidance, controlling air traffic, and air collision avoidance. Military radars are extensively used in missile guidance techniques, such as Active Radar Homing (ARH) and Semi-Active Radar Homing (SARH), as these systems help in the accurate target detection tracking. The growing demand for military radars for the guidance of missile systems is expected to propel the demand over the next eight years. The need for high-resolution imaging radars for detecting fi