Europe Radar Market Size & Outlook, 2025-2033
Europe radar market highlights
- The Europe radar market generated a revenue of USD 7,649.0 million in 2024.
- The market is expected to grow at a CAGR of 5.3% from 2025 to 2033.
- In terms of segment, ground-based was the largest revenue generating platform in 2024.
- Ground-Based is the most lucrative platform segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2024 | USD 7,649.0 million |
| Market revenue in 2033 | USD 12,384.2 million |
| Growth rate | 5.3% (CAGR from 2025 to 2033) |
| Largest segment | Ground-based |
| Fastest growing segment | Ground-Based |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ground-Based |
Other key industry trends
- In terms of revenue, Europe region accounted for 19.1% of the global radar market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 23,661.1 million by 2033.
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Radar Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Aselsan A.S. | View profile | 5001-10000 | Yenimahalle, Ankara, Turkey, Europe | http://www.aselsan.com.tr/en-us/Pages/default.aspx |
| Robert Bosch GmbH | View profile | - | - | - |
| BAE Systems | View profile | 10001+ | London, England, United Kingdom, Europe | http://www.baesystems.com |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| General Dynamics Corp | View profile | 111600 | 11011 Sunset Hills Road, Reston, VA, United States, 20190 | https://www.gd.com |
| Northrop Grumman Corp | View profile | 101000 | 2980 Fairview Park Drive, Falls Church, VA, United States, 22042 | https://www.northropgrumman.com |
| Leonardo SpA ADR | View profile | 51000 | Piazza Monte Grappa 4, Rome, Italy, 00195 | http://www.leonardocompany.com |
| Elbit Systems Ltd | View profile | 18984 | Advanced Technology Center, P.O. Box 539, Haifa, Israel, 3100401 | https://www.elbitsystems.com |
| Lockheed Martin Corp | View profile | 122000 | 6801 Rockledge Drive, Bethesda, MD, United States, 20817 | https://www.lockheedmartin.com |
| Airbus SE | View profile | 150093 | P.O. Box 32008, Leiden, ZH, Netherlands, 2303 DA | https://www.airbus.com |
| NXP Semiconductors NV | View profile | 34200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | https://www.nxp.com |
| L3Harris Technologies Inc | View profile | 50000 | 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 | https://www.l3harris.com |
| RTX Corp | View profile | 185000 | 1000 Wilson Boulevard, Arlington, VA, United States, 22209 | https://www.rtx.com |
| Infineon Technologies AG | View profile | 59364 | Am Campeon 1-15, Neubiberg, Munich, Germany, 85579 | https://www.infineon.com |
Europe radar market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to radar market will help companies and investors design strategic landscapes.
Ground-based was the largest segment with a revenue share of 106.95% in 2024. Horizon Databook has segmented the Europe radar market based on ground-based covering the revenue growth of each sub-segment from 2021 to 2033.
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Target buyers of Europe radar market databook
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Our clientele includes a mix of radar market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe radar market , including forecasts for subscribers. This continent databook contains high-level insights into Europe radar market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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