Military Radars Market Size to Reach US$ 20.4 Billion by 2028 at 4.32% CAGR
According to IMARC Group’s latest report, titled “ Military Radars Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 .’ the global military radars market size reached US$ 15.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.32% during 2023-2028. Military radars are detection devices that use radio waves to determine the distance, location, speed and direction of the ground, sea and air targets. Some of the commonly used military radars include fire control, land weather, land multi-function, moving target indicator, naval surveillance, airborne weather, space surveillance, ground-penetrating and synthetic aperture radars. They consist of a transmitter to generate electromagnetic signals and antennas to transmit them. The radars are widely used for airborne mapping, navigation, traffic management, airspace and weather monitoring applications by armed and defense...