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2026-07-07 14:51:10

Military Radars Market Outlook to Reach USD 21.5 Billion by 2032 With Modernization-Led Demand

Market Overview and Growth Outlook The Military Radars Market was estimated at USD 14.2 billion in 2024 and is likely to reach USD 21.5 billion by 2032. It is projected to grow at a CAGR of 5.1% during 2025–2032. Growth is driven by security concerns, defense budget expansion, lightweight radar development, border protection activities, and rejuvenation of military equipment and legacy...

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