According to our latest market study on “Naval System Surveillance Radar Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type and Application,” the naval system surveillance radar market is expected to grow from US$ 4,249.75 million in 2022 to US$ 6,465.89 million by 2028; it is estimated to grow at a CAGR of 7.2% from 2022 to 2028.

 Radar is an essential part of every ship as it ensures the safety of ships at sea and close to the land. Ships use S-band and X-band frequency radar systems for navigation and detection of impending ships or land impediments to avoid a collision. The radars use a revolving antenna to detect the ship's surroundings. It can detect targets and display data on the screen. Naval system surveillance radars detect small targets at a longer range in bad weather conditions. It employs both X and S-band frequency processes to achieve higher efficiency in detection of small objects at a distance. Solid radar needs minimal maintenance and employs a proprietary low-power pulse sequence.

The growing importance of surveillance across coasts and mid-sea operations and the rising procurement of naval radars by the global defense sector owing to the rise in military expenditure is contributing to the growth of the global naval system surveillance radar market. Moreover, the modernization of naval radars, the rising integration of technologies with these radars, and the rising adoption of advanced modern warfare systems are expected to propel the market growth over the forecast period.

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Key Players -

Leonardo S.p.a.; Raytheon Technologies corporation; Northrop Grumman Corporation; Thales Group; and Ultra are the Prominent Market Participants in the naval system surveillance radar market. The listing of key players is derived by considering multiple factors such as overall revenue, current naval system surveillance radar product portfolio, geographical reach, new product launches, market initiatives, and investment in technology up-gradation, partnerships, and other market-related activities. In addition to these players, there are several other important players operating in the naval system surveillance radar ecosystems which were studies analyzed during this market research study, such as Lockheed Martin Corporation, Saab AB, BAE Systems, Israel Aerospace Industries Ltd., and HENSOLDT.

In 2022 –

Region North America

Raytheon Technologies Corp.'s RTX Missiles and Defense division has won a contract modification to provide support services for the Dual Band Radar (DBR) programme.

In 2021 –

 Region Europe

Raytheon Technologies Corp.'s RTX Missiles and Defense division has won a contract modification to provide support services for the Dual Band Radar (DBR) programme.

In 2021 –

Region Europe

The HENSOLDT 'Quadome' radar system for naval surveillance and target acquisition is introduced. 'Quadome, equipped with cutting-edge technology, offers quick reaction and high precision at a great price-performance ratio.

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