Marine Radar Market Size Projected to Grow from USD 3,440 Million in 2025 to USD 5 Billion by 2035, Exhibiting a CAGR of 3.8% | Forecast (2025–2035)

The Marine Radar Market plays a critical role in ensuring safe navigation, collision avoidance, and maritime surveillance across commercial, defense, and leisure vessels. Radar systems are essential for detecting objects, coastlines, and weather conditions, especially in low-visibility environments. As global maritime activities intensify, radar adoption continues to expand across vessel types and regions.

In 2024, the Marine Radar Market size stood at USD 3.31 billion and is estimated to reach USD 3.44 billion in 2025. Over the forecast period from 2025 to 2035, the market is expected to grow steadily and reach USD 5.0 billion, registering a compound annual growth rate (CAGR) of 3.8%. This growth reflects rising investments in maritime safety systems and increasing regulatory pressure on vessel operators.

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Technological advancement remains one of the strongest growth drivers in the Marine Radar Market. The integration of solid-state radar, artificial intelligence, and digital signal processing has significantly improved detection accuracy and range. Modern systems now offer enhanced target discrimination, lower power consumption, and seamless integration with electronic chart display and information systems (ECDIS).

The competitive landscape of the Marine Radar Market is moderately consolidated, with established players focusing on innovation, partnerships, and global expansion. Key companies profiled include Thales Group, Transas, Sea Tel, BAE Systems, SAAB, Furuno, Leonardo, JRC, Northrop Grumman, Raymarine, Garmin, Sperry Marine, Ship’s Radar, and Koden Electronics. These companies compete on performance reliability, technology integration, and after-sales support.

Increasing maritime security concerns are further fueling market growth. Rising incidents of piracy, illegal fishing, smuggling, and territorial disputes have compelled governments and naval forces to upgrade surveillance and monitoring systems. Marine radar systems are increasingly deployed in coastal monitoring, port security, and naval defense applications to strengthen maritime domain awareness.

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The surge in global shipping activities is another significant contributor to market expansion. International trade relies heavily on maritime transport, and the continuous growth of cargo vessels, tankers, and container ships directly increases demand for advanced navigation and radar systems. Additionally, the push for automation in shipping is accelerating the adoption of intelligent radar solutions.

From a regional perspective, North America holds a strong position in the Marine Radar Market due to advanced naval infrastructure, high defense spending, and early adoption of cutting-edge technologies. The United States and Canada are key contributors, driven by military modernization programs and commercial shipping activities.

Europe represents another major market, supported by strict maritime safety regulations and strong shipbuilding industries. Countries such as Germany, the UK, France, Italy, and Spain continue to invest in advanced radar systems for both commercial fleets and naval applications. Regulatory compliance with international maritime safety standards further sustains demand.

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The Asia-Pacific region is expected to witness the fastest growth during the forecast period. Rapid expansion of maritime trade, increasing port infrastructure investments, and rising defense budgets in China, India, Japan, and South Korea are driving radar adoption. Emerging economies in Southeast Asia are also upgrading maritime safety systems to support growing shipping volumes.

South America and the Middle East & Africa are gradually emerging as growth markets. Brazil, Mexico, GCC countries, and South Africa are investing in port security, offshore exploration, and coastal surveillance, creating new opportunities for radar manufacturers in these regions.

Overall, the Marine Radar Market is positioned for stable long-term growth, supported by technological innovation, regulatory compliance, and the global emphasis on maritime safety and security.

Table of Content

SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS

SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE

SECTION III: QUALITATIVE ANALYSIS

SECTION IV: QUANTITATIVE ANALYSIS

SECTION V: COMPETITIVE ANALYSIS

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