Posted 2/20/2024, 1:00:00 AM
Military Radar Market Set for Robust Growth to 2032 Driven by Tech Advances for Enhanced Defense Capabilities
- Military radar market size to exceed $25 million by 2032 due to technological advancements
- Constant evolution of radar systems with improved target detection and tracking capabilities drives demand
- Need for effective countermeasures against asymmetric threats like drones boosts innovative radar solutions
- Integration of radar technologies with defense systems enhances armed forces' capabilities
- Asia Pacific market poised for rapid growth due to rising geopolitical tensions and defense modernization