Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 7.84 Billion | USD 14.60 Billion | 6.40% | 2024 |
FrequentlyAsked Questions
An active phased array radar (APAR) is a significant technological leap in radio frequency communication.
The global active phased array radar (APAR) market is expected to be driven by rising military expenditure worldwide.
According to study, the global active phased array radar (APAR) market size was worth around USD 7.84 billion in 2024 and is predicted to grow to around USD 14.60 billion by 2034.
The CAGR value of active phased array radar (APAR) market is expected to be around 6.40% during 2025-2034.
The global active phased array radar (APAR) market is projected to be led by North America during the forecast period.
The global active phased array radar (APAR) market is led by players like Israel Aerospace Industries (IAI), Lockheed Martin, Thales Group, China Electronics Technology Group Corporation (CETC), General Dynamics, Raytheon Technologies, Mitsubishi Electric, Hensoldt, Furuno Electric, BAE Systems, Northrop Grumman, L3Harris Technologies, Saab AB, Elbit Systems and Leonardo S.p.A.
The report explores crucial aspects of the active phased array radar (APAR) market including detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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