Global Market Research Reports

  Overview and Scope Air and Missile Defense Radar (AMDR) is a type of radar system used for detecting and tracking incoming threats such as ballistic missiles, cruise missiles, and other aerial threats. These radars are designed to provide early warning of potential attacks and to track multiple targets simultaneously.   Sizing and Forecast The air and missile defense radar market size has grown strongly in recent years. It will grow from $12.05 billion in 2023 to $13.12 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%.   The   growth in the historic period can be attributed to geopolitical tensions, modernization of military infrastructure, threat of missile proliferation, rising defense budgets, emergence of asymmetric threats..   The air and missile defense radar market size is expected to see strong growth in the next few years. It will grow to $17.72 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%.   The grow...