Ground Surveillance Radar GSR Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 4.7 Billion by 2030, growing at a CAGR of 8.6% from 2024 to 2030.
The global Ground Surveillance Radar (GSR) market was valued at approximately USD 4.2 billion in 2022, with a Compound Annual Growth Rate (CAGR) of 6.8% projected from 2023 to 2030. This growth is driven by increasing demand for advanced surveillance systems for security and defense applications, as well as the rising adoption of GSR systems in critical infrastructure protection. The market is expected to expand significantly due to advancements in radar technology and the growing need for effective surveillance solutions in both military and civilian sectors.
Opportunity analysis reveals that emerging markets, particularly in Asia-Pacific and Latin America, are anticipated to present substantial growth opportunities due to their evolving defense budgets and modernization efforts. The ongoing advancements in radar technology, including the integration of artificial intelligence and machine learning for enhanced performance, are expected to further drive market expansion. Additionally, the increasing focus on border security and anti-terrorism measures in various regions is likely to boost the demand for GSR systems, providing lucrative prospects for market players.
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Thales Group
Lookheed Martin
FLIR Systems
TERMA
Honeywell
Saab
SRC
Belgian Advanced Technology Systems (BATS)
Kelvin Hughes
Northrop Grumman
Raytheon
Israel Aerospace Industries
Aselsan
Blighter
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Ground Surveillance Radar GSR Market
Civil
Military
Based on Types the Market is categorized into Below types that held the largest Ground Surveillance Radar GSR market share In 2023.
Short-Range Ground Surveillance Radar
Medium-Range Ground Surveillance Radar
Long-Range Ground Surveillance Radar
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Ground Surveillance Radar GSR Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Ground Surveillance Radar GSR Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Ground Surveillance Radar GSR Market, By Type
6. Global Ground Surveillance Radar GSR Market, By Application
7. Global Ground Surveillance Radar GSR Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Ground Surveillance Radar GSR Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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