Market Highlights

Estimated at US$ 3.3 billion in 2021, the airborne fire control radar market is projected to increase at a compound annual growth rate (CAGR) of 7.3% from 2022 to 2028, reaching US$ ~6.1 billion.

 

It was necessary to deploy distinct systems for aiming and observation since traditional radar systems frequently featured rotating antennas that could only perform one function and operated on fixed frequencies. However, active electronically scanning array (AESA)-based radars can handle many tasks concurrently. Furthermore, pulses with interleaved pulse streams that carry out many functions simultaneously on a range of frequencies can be produced using AESA radar. The growing use of active electronically scanned array technology in radars is expected to drive the airborne fire control radar market.

The primary aim of the airborne fire control radar was to provide fire control systems with information needed to determine the firing solution. The narrow radio wave emission from the aerial fire control radars assists to maintain the target's trajectory while ensuring the accuracy of the firing information. The track while scan functionality that the creators of airborne fire control radar have developed allows them to function as search and fire control radars simultaneously. This advancement has increased the rate at which defense forces in both industrialized and emerging nations are implementing airborne fire control radars.

The main factor supporting the growth of the airborne fire control radar market is the development of active electronic scanned array (AESA) based systems. The AESA is a phased array radar antenna that preserves the antenna's orientation while enabling electronic control of the radio waves to point in any direction. The AESA's high accuracy target direction determination is driving the market for airborne fire control radar and attracting interest from the military forces. In addition, the need for the newest technology in the defense industry is being driven by growing defense spending in both developed and developing countries worldwide, which is necessary to outfit military personnel with state-of-the-art gear.

A fire control radar is a radar that finds the coordinates of a target and provides data that may be used to determine the target's trajectory and continuous location. Airborne fire control radar detects the target and determines the target range, range rate, azimuth angle, and elevation angle in order to achieve longer detection ranges, high mission dependability, and multi-target tracking capabilities. Air to air, air to sea, and air to sea combat actions are intended for these radars.

The airborne fire control radar market is growing slowly since many aren't aware of how radar detects stealth technology. The worldwide defense sector has been using stealth technology more recently, although radar development to identify stealth technology has not advanced. The difficulty of radars to detect stealth technology is having a major effect on the market for airborne fire control radar.

 

Airborne fire control radar, which enables the armed services to enhance their airborne military aviation infrastructure, uses high security and surveillance radar technology. The growing use of automated defense and surveillance radar systems, along with increased defense spending in both developed and developing nations, are propelling the growth of the airborne fire control radar market. The demand for airborne fire control radar is expected to rise sharply in the near future.

Expanding military modernization ambitions led to a large surge in airborne fire control radar system manufacture prior to the start of the pandemic. However, as a result of the COVID-19 pandemic, some countries reduced their military budget in 2020 due to growing expenses for immunizations and medical supplies like oxygen tanks. Argentina's military budget decreased from $3.13 billion in 2019 to $2.97 billion in 2020. There was some impact of this cutback in defense funding on the requirement for airborne fire control radar systems. A temporary closure of the factory, limited availability of raw materials, constraints on the small crew, and delays in anticipated supply have all had a substantial influence on the production process. Expanding immunization programs have caused the production process to start returning to normal.

Recent years have seen a number of directives and investments in the sector that should expand the market as a whole. Among them are the following: 

• Global military spending increased to almost $2 trillion in 2020, even with the COVID-19 pandemic. The primary contributors to the rise in military spending are the US, China, Russia, India, Japan, and South Korea. Numerous countries have also increased their military budgets. For example, Russia plans to boost its military spending by 2.5% to $61.7 billion in 2020. Thus, it is anticipated that increased military spending across several countries would support market growth.

 

Market Segment Analysis

The market is divided into three segments based on frequency band: Ku/K/Ka-Band, L and S-Band, and X-Band.
The market is divided into three segments: air to sea, air to ground, and air to air, depending on the application.
The airborne fire control radar market is divided into fighter jets, combat helicopters, and others based on the platform.
Throughout the course of the forecast period, North America is expected to continue holding a dominant position in the Airborne Fire Control Radar market. North America dominates the market for airborne fire control radar, which uses airplanes or helicopters to measure the exact location of the fire.

In addition, during the course of the forecast period, Asia Pacific is anticipated to have the highest growth in the airborne fire control radar market. Due to the region's expanding air defense and need for precise shooting from aircraft or helicopters, the Asia Pacific area is seeing a substantial increase in the need for airborne fire control radar. Airborne fire control radar finds more market share in the Middle East and Africa compared to South America.

 

Key Players

Within the airborne fire control radar market, there is significant rivalry. The state of the sector and government assistance have a direct impact on the companies' growth. The quality and penetration of these firms' aerial fire control radar in target and growing markets set them apart. Additionally, a few recent large mergers and acquisitions in the sector have had a big impact on the competitive dynamics. As an illustration:Many countries are constantly trying to upgrade the fleet and equipment of their air forces. However, in order to strengthen their air forces, several countries have recently made investments in brand-new aircraft equipped with cutting-edge technology. For example, in July 2020, the Indian Ministry of Defense approved a defense contract to buy 59 new MiG-29 aircraft from Russia and to modernize the 59 MiG-29 fighters that the Indian Air Force now possesses. The growing number of countries purchasing fighter planes to bolster their aerial might in the region is anticipated to fuel the growth of the airborne fire control radar market.

These mergers and acquisitions have had an impact on the competitive landscape as a whole.

The leading companies in the airborne fire control radar market are as follows:
Lockheed Martin Corporation, Northrop Grumman Corporation, Thales Group, General Dynamics Mission Systems, Inc., Israel Aerospace Industries, Leonardo S.p.A., ASELSAN A, Bharat Electronics Limited (BEL), Raytheon Technologies Corporation, Saab AB.

Airborne Fire Control Radar Market Scope:

Report Data	Airborne Fire Control Radar Market
Airborne Fire Control Radar Market Forecast Value 2028	6.1Billion
Airborne Fire Control Radar Market CAGR 2022 - 2028	7.3%
Airborne Fire Control Radar Market Forecast Period	2022 - 2028
Airborne Fire Control Radar Market Base Year	2020
Regional Scope	North America, Europe, Asia Pacific, South America, and Middle East & Africa
Key Companies Profiled	Lockheed Martin Corporation, Northrop Grumman Corporation, Thales Group, General Dynamics Mission Systems, Inc., Israel Aerospace Industries, Leonardo S.p.A., ASELSAN A, Bharat Electronics Limited (BEL), Raytheon Technologies Corporation, Saab AB..
Key Segments	By Frequency Band X-Band L And S-Band Ku/K/Ka-Band By Platform Fighter Jets Combat Helicopters Others By Application Air To Ground Air To Sea Air To Air By Region North America Europe Asia-Pacific South America Middle-East & Africa
Report Coverage	Market Sizing, Market Forecasting, Market Dynamics, Market Trends, Market Development Analysis, Market Share Analysis, Regional Analysis, Competitive Positioning, Competitive Benchmarking, Competitive Landscape, Company Profiling, Regulation Analysis, etc.