According to this latest publication from Meticulous Research®, the global solid state radar market is projected to reach $3.3 billion by 2030, at a CAGR of 7.5% from 2023 to 2030.The growth of this market is driven by the increased demand for advanced weather monitoring radar and the growing demand for solid state phased array radar systems from the defense sector. However, the high manufacturing cost may restrain the market’s growth. The growing demand for 3D solid-state radars and air surveillance radars is expected to offer significant growth opportunities for stakeholders in the solid state radar market.
The global solid state radar market is segmented by frequency band (S-band, X-band, L-band, C-band, Ka-band, Ku-band, other bands [N band, W band]), dimension (2D, 3D, and 4D), waveform (doppler and frequency modulated continuous wave), application (airspace monitoring & surveillance, weather monitoring, collision warning, navigation, and airport perimeter security), end user (automotive, aviation, military & defense, meteorology institutes, and other end users). The study also evaluates industry competitors and analyzes the market at the regional and country levels.
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Asia-Pacific: The Fastest-growing Regional Market
Asia-Pacific is projected to register the highest CAGR during the forecast period. The rapid growth of solid state radar in the Asia-Pacific region is attributed to the growing demand for solid state radar systems for aircraft monitoring applications, growing demand for border control and security applications, and increasing implementations of 3D radar systems.
Further, regional countries like India, Japan, and China are witnessing a higher need for modern naval radars with advanced technology. In addition, the requirement for anti-ballistic missile systems in the defense services is expected to need solid state radar systems. The growing aerospace sector and rising demands for surveillance of global threats in the region have fuelled the deployment of solid state radar systems in emerging economies such as China, India, Malaysia, and others, in turn, is expected to promote the growth of the market.
Some of the recent developments in this market space are as follows:
In June 2022, Vaisala Oyj (Finland) launched its C-band Weather Radar WRS300, the most efficient radar of its kind that leverages solid-state power amplification to enable weather detection across large areas with unprecedented longevity. This solution is used for high-performance weather surveillance and smart early-warning decisions.
In May 2022, Honeywell International Inc. (U.S.) entered into an agreement with ABS Jets, a.s. (Czechia) to retrofit its fleet of Embraer Legacy aircraft with Honeywell’s IntuVue RDR-7000 advanced weather radar system. This system enables pilots to focus solely on flying, which is especially important during high-stress periods dealing with bad weather.
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The report includes a competitive landscape based on an extensive assessment of the key growth strategies adopted by leading market participants between 2020 and 2022. The key players operating in the global solid state radar market are Thales Group (France), Honeywell International Inc. (U.S.), Raytheon Technologies Corporation (U.S.), GARMIN LTD. (U.S.), Indra Sistemas, S.A. (Spain), Japan Radio Co., Ltd. (Japan), ICS Technologies, Inc (Italy), Terma Group (Denmark), Reutech Radar Systems (South Africa), FURUNO ELECTRIC CO., LTD. (Japan), BAE Systems plc (U.K.), Blighter Surveillance Systems Limited (U.K.), GEM Electronica (Italy), ELBIT SYSTEMS LTD. (Israel), and Lockheed Martin Corporation (U.S.)
Scope of the Report:
Solid State Radar Market, by Type
Solid State Radar Market, by Dimension
Solid State Radar Market, by Waveform
Frequency Modulated Continuous Wave
Solid State Radar Market, by Application
Airspace Monitoring & Surveillance
Airport perimeter Security
Solid State Radar Market, by End User
Military & Defense
Other End-use Industries
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Increased Demand For Advanced Weather Monitoring Radar to Fuel the Market Growth
Solid state weather radar systems are gaining traction owing to their notable benefits, such as high accuracy, reduced running costs, improved stability & maintainability, low maintenance cost, and effective usage of radio waves. They are used to monitor weather conditions and provide detailed images of weather patterns, including precipitation, winds, and temperature. The use of solid-state technology in weather radars offers several advantages, including improved power density, efficiency, and reliability. These radars can also operate at higher frequencies, improving resolution and accuracy.
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