Military Radars Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity

The military radars market was estimated at US$ 14.3 Billion in 2021 and is expected to grow at a CAGR of 4.5% during 2022-2028 to reach US$ 19.1 Billion in 2028. Increasing security concerns partnered with increasing defense budgets. Technological boost is positively impacting the industry and leading towards the development of lightweight radars.