In data: land military radar market share overtaken by air segment
While the market size for the Land Radar segment has been projected as $6bn for 2024 by GlobalData in the ‘The Global Military Radar Market Forecast 2023-2033’, this has been predicted to drop below $5bn for most of the next ten years while the value of the Air Radar segment is set to rise above it for the foreseeable future.
The value of the Land segment starts at nearly $6bn in 2024, above the value of the Air Radar section at $5.3bn, but in 2025 this order is reversed, with Air’s market valu