Air and Missile Defense Radar Market: Industry Trends & Forecast 2025
Overview of the Global Air and Missile Defense Radar Market The Global Air and Missile Defense Radar market is poised for substantial growth, with a forecasted value of USD 17.20 billion in 2024 and a compound annual growth rate (CAGR) of 8.49% from 2025 to 2032. This market expansion is driven by escalating defense needs worldwide, the continuous modernization of military infrastructures, and rising geopolitical tensions that emphasize the need for advanced defense systems capable of neutralizing airborne threats. As defense forces evolve to counter modern threats like hypersonic missiles, unmanned aerial vehicles (UAVs), and stealth aircraft, the role of AMDR systems has become paramount. With advancements in radar technologies such as Active Electronically Scanned Array (AESA) radar, gallium nitride (GaN) technology, and the integration of artificial intelligence (AI) for enhanced tracking capabilities, the market is experiencing significant growth. The demand for ...