Airborne Radars Market Soar with Growing UAV Demand Across Sectors

CIOTechOutlook Team | Thursday, 19 December 2024, 02:36 IST

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The market for airborne radars is seeing substantial growth fueled by the rising adoption of UAVs equipped with radar systems for surveillance, reconnaissance, border monitoring, and other uses in military, civil, and commercial areas.

Increasing funding in defense modernization initiatives and aerospace innovations is boosting the market as governments and defense agencies dedicate significant budgets to enhance airborne systems with advanced radar technologies.

In 2023, the Airborne Radars Market was valued at USD 9.81 Billion and is projected to attain USD 18.94 Billion by 2032, with a CAGR of 7.66% during the forecast period from 2024 to 2032.

Severe weather affects aviation, yet sophisticated weather monitoring radars offer real-time information for improved navigation and disaster forecasting. Aviators employ these systems to steer clear of turbulence, whereas governments and emergency organizations depend on radar information to predict floods and storms. For example, NATO's Boeing E-3A Sentry plane provides airspace monitoring and emergency response.

In farming, these radars assist growers by forecasting rainfall and enhancing crop management with precise weather information. The increasing need for accurate weather observation tools markedly boosts the airborne radar market, enhancing safety and facilitating decision-making across various applications.

The Airborne Radars Market is mainly propelled by the Air-To-Ground Sector, which accounted for a 46.2% share in 2023, driven by the growing need for multi-role aircraft featuring multifunctional radar systems. These systems allow military units to execute air-to-ground operations with improved accuracy, speed, and effectiveness.

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