The global airborne fire control radar market size was valued at USD 3.07 billion in 2023. The market is expected to expand from USD 3.25 billion in 2024 to USD 5.15 billion by 2032, exhibiting a CAGR of 5.9% over the study period.

Specialized radar technologies or airborne Fire Control Radar (FCR) systems are developed to provide accurate targeting data for weapon systems, which simplifies the engagement of aerial and maritime targets effectively. The surging uptake of AESA technology, modernization of air forces across different countries, and rising military spending is fostering market growth.

The defense industry was highly impacted by the COVID-19 pandemic. Many contracts were canceled due to the halts in the supply chains of key companies in the defense industry. Moreover, a loss worth nearly USD 2200 million was faced by Airbus S.A.S. In addition, huge losses were reported by Boeing and Airbus S.A.S., which are the major OEMs of aircraft companies owing to cancelled aircraft orders.

Fortune Business Insights™ provides this information in its research report, titled “Airborne Fire Control Radar Market, 2024-2032”.

Information Source:

https://www.fortunebusinessinsights.com/airborne-fire-control-radar-market-104048

List of Key Players Mentioned in the Report:

  • Airbus S.A.S. (Netherlands)
  • Bharat Electronics Limited (BEL) (India)
  • General Dynamics Corporation (U.S.)
  • Israel Aerospace Industries Ltd (Israel)
  • Leonardo S.p.A. (Italy)
  • Lockheed Martin Corporation (U.S.)
  • Northrop Grumman Corporation (U.S.)
  • Raytheon Technologies Corporation (U.S.)
  • Saab AB (Sweden)

Segmentation:

Rising Usage of AFCR in Fighter Jets to Spur Fixed-wing Aircraft Segment Expansion

On the basis of platform, the market is divided into rotorcrafts, missiles & guided munitions, fixed-wing aircraft, Unmanned Aerial Vehicles (UAVs), and others. The fixed-wing aircraft segment occupied the largest airborne fire control radar market share in 2023, driven by rising deployment of AFCR in fighter jets. Thales has created RDY-3 modular, multifunction, and lightweight airborne fire control radar.

X-band's Operational Efficiency over its Counterparts Helps to Lead Market

In terms of frequency band, the market is categorized into Ku-band, X-band, Ka-band, and others. The X-band segment observed the largest share in 2023 as this frequency band helps fighter planes to scan operations at a rapid pace.

Active Electronically Scanned Array (AESA) Segment Dominated Fueled by Exceptional Precision

By technology, the market is divided into Passive Electronically Scanned Array (PESA) and Active Electronically Scanned Array (AESA). The Active Electronically Scanned Array (AESA) segment is expected to register the largest share during the assessment period, which can be attributed to exceptional precision delivered by AESA radars as compared to traditional mechanically scanned array radars. Moreover, the deployment of this technology is a major factor boosting the market expansion.

Surging Procurement of UAVs to Expedite Integrated Fire Control System Segment Growth

With respect to deployment mode, the market is bifurcated into integrated fire control system and standalone fire control radar. The integrated fire control system segment is expected to experience the fastest growth during the study period on account of rising procurement of rotorcrafts, UAVs, military aircraft, and others to emphasize the requirement to counter evolving threats and air superiority.

On the regional front, the market is segregated into Asia Pacific, North America, the Middle East & Africa, Europe, and South America.

Report Coverage:

The report offers detailed insights into major driving and restraining factors affecting the market growth. In addition, it highlights the key trends, significant industry developments, and the impact of the COVID-19 pandemic on the market growth. Besides this, the competitive strategies undertaken by leading players to sustain their industry leadership have been mentioned in the report.

Drivers and Restraints:

Increasing Demand for Reconnaissance and Targeting ELM-20600 RTP POD to Accelerate Market Growth

Israel Aerospace Industries Ltd has released reconnaissance and targeting ELM-20600 RTP POD, which delivers target identification, ground-based moving target indication, and synthetic aperture radar imaging. In addition, it provides long-range battle damage evaluation, long-range wide-area surveillance & reconnaissance, and accurate geo-location data for targets.

However, the steep maintenance cost may hinder airborne fire control radar market growth.

Regional Insights:

North America to Dominate Propelled by Strong Presence of Key Aircraft Manufacturers

North America's airborne fire control radar market is expected to retain its dominance in the forthcoming years, which can be credited to the strong presence of prominent aircraft manufacturers, including Raytheon Technologies Corporation, Northrop Grumman Corporation, and Lockheed Martin Corporation in the region.

Asia Pacific's airborne fire control radar market is poised to observe fastest growth during the study period on account of rising procurement of fifth-generation fighter jets in China. This, coupled with the surging demand for UAVs and combat helicopters from emerging economies including India and China is anticipated to offer tremendous prospects.

Competitive Landscape:

Countries Focus on Developing Enhanced Capabilities of Technology to Boost Their Defense Sector

Market players are leveraging various strategic moves, including joint ventures, mergers, and acquisitions to stand out from the competition. Several countries are focusing on developing enhanced capabilities of technology to strengthen their defense sector.

Key Industry Development:

March 2021 – Pakistan is locally developing and assembling considerable technology pertaining to AESA radars. The Pakistan Military arms of Airforce and Army Air defense are working in close collaboration to improve defensive capabilities.