Radar Market Poised for Growth: Unlocking New Opportunities in 2025 and Beyond
The global radar market size is expected to reach USD 64.75 billion by 2030, registering a CAGR of 8.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing deployments of radars and security related issues across the globe are driving the market growth. Additionally, the market is also witnessing healthy growth in demand due to the increase in sea trade and travel activities across the globe. They have been used for understanding path patterns, altitude, and migration path. Additionally, weather radar systems are used for monitoring changes in climate patterns. Unlike earlier, now the deployment of radars is not limited to the military sector. These systems are now increasingly being adopted in air traffic control, remote sensing, ground traffic control, marine, and meteorological monitoring, among others. The growing adoption and deployment of radars in various sectors for different applications are anticipated to support the m...