latest news in defense market
Military Radar Market Soars: $22 Billion Forecast by 2032
Washington D.C., Thursday, 14 November 2024.
Rising defense expenditures are propelling the military radars market towards a projected $22.20 billion by 2032, with a 5.10% CAGR from 2024. Airborne and 3D radars dominate, while North America leads with a 35% market share. Technological advancements in AI and machine learning are shaping the industry’s future.