Ground Surveillance Radar (GSR) Systems Market Size & Share, by Product Range (Short, Medium, Long); Application (Home Security, Aerospace & Defense, Critical Infrastructure) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4004
  • Published Date: Apr 25, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2035

Ground Surveillance Radar (GSR) Systems Market size projected to cross USD 55 Billion by the end of 2035, growing at a CAGR of 8% during the forecast period, i.e., 2023-2035. In the year 2022, the industry size of ground surveillance radar (GSR) systems was over USD 33 Billion. The growth of the market can be attributed to the increasing aerospace sector. For instance, radar technology developments are making it possible to create more sophisticated and advanced ground surveillance radar systems. These systems are more appealing to clients since they're able to offer more precision and improved target identification skills. The domestic aviation market in India is anticipated to reach over USD 25 billion by 2024, making it the third largest worldwide.

In addition to these, factors that are believed to fuel the market growth of ground surveillance radar (GSR) systems include the rise in technological advancements in the field of radar systems. For instance, radar technology developments are making it possible to create more sophisticated and advanced ground surveillance radar systems. These systems are more appealing to clients since they're able to offer more precision and improved target identification skills. Additionally, the growing demand for environmental monitoring is predicted to present the potential for market expansion over the projected period


Ground Surveillance Radar (GSR) Systems Market
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Ground Surveillance Radar (GSR) Systems Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Terrorism– On account of the increasing threat of terrorism, governments and security agencies are looking to improve their surveillance and monitoring capabilities to prevent and mitigate potential security risks, which as a result is expected to expand the market more in the upcoming years. According to estimates, there were over 9,000 terrorist acts in 2020, and more than 25,000 terrorist-related deaths globally.
  • Rising Demand for Border Protection – The use of cutting-edge technologies, such as ground surveillance radar systems, to identify and track potential security threats is growing as nations are looking to improve border security, which in turn is estimated to drive market growth. In 2021, the U.S. Border Patrol reported more than 1 million interactions with migrants along the border with Mexico.
  • Increasing Industrialization – It is expected that surging industrial activities across the globe are predicted to increase the demand for ground surveillance radar systems as they are used to monitor infrastructure and industry, including pipeline leak detection, traffic flow, and building structural integrity.  According to the most recent data, in India industry is the end-use sector that currently uses the most energy, and its share in total final consumption will rise over 35% by 2040
  • Surging Marine Sector – As the marine industry grows, there is likely to be an increase in shipping traffic, which is anticipated to drive the market growth. As of 2020, the export of marine products in India climbed over 1 MMT, exhibiting an annual growth rate of more than 6%

Challenges

  • Exorbitant Development Cost of Ground Surveillance Radar Systems- The high price of ground surveillance radar systems is one of the major factors predicted to slow down the market growth. For instance, the design, construction, and testing of ground surveillance radar systems necessitate intensive research and development activities. This can be a labor-intensive and costly operation that calls for specific knowledge, supplies, and tools.
  • Growing Cyber WareFare
  • Rising Electromagnetic Jamming Interference

Ground Surveillance Radar (GSR) Systems Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~8%

Base Year Market Size (2022)

~ USD 33 Billion

Forecast Year Market Size (2035)

~ USD 55 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Ground Surveillance Radar (GSR) Systems Segmentation

 Application (Home Security, Aerospace & Defense, Critical Infrastructure)

The global ground surveillance radar (GSR) systems market is segmented and analyzed for demand and supply by application into home security, aerospace & defense, critical infrastructure, and others. Out of the four applications of ground surveillance radar (GSR) systems, the aerospace & defense segment is estimated to gain the largest market share in the year 2035. The growth of the segment can be attributed to the increased spending in the aerospace and defense sector across the globe. Demand for ground surveillance radar systems is probably going to rise along with spending in the aerospace and defense industries. For instance, to improve their surveillance and intelligence capabilities and respond to new security threats, aerospace and defense firms may choose to invest in the development of advanced ground surveillance radar systems. Further, ground surveillance radar systems are crucial for aerospace and defense operations as they are utilized for several tasks, including seeing and following enemy movements, and giving military troops situational awareness.  In 2021, the total global military spending increased by over 0.5%. The top five spenders in 2021 were the US, China, India, the UK, and Russia, who together accounted for more than 60% of expenditure.

Product  (Short, Medium, Long)

The global ground surveillance radar (GSR) systems market is also segmented and analyzed for demand and supply by product type into short-range, medium-range, and long-range. Amongst these three segments, the long-range segment is expected to garner a significant share in the year 2035. The growth can be attributed to the growing need for long-range radar security systems for air surveillance systems, air mapping systems, and weapon control systems. The demand for long-range radar systems, particularly those that offer advanced features such as high resolution, high accuracy, and reliable performance, is anticipated to increase in response to the increasing need for long-range radar security systems for air surveillance, air mapping, and weapon control systems. This, as a result, is anticipated to create numerous opportunities for the growth of the segment in the coming years.

Our in-depth analysis of the global market includes the following segments:

       By Product Type

  • Short-Range
  • Medium-Range
  • Long-Range

      By Application

  • Home Security
  • Aerospace & Defense
  • Critical Infrastructure
  • Others
 

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Ground Surveillance Radar (GSR) Systems Industry - Regional Synopsis

North American Market Forecast

The share of ground surveillance radar (GSR) systems market in North America, amongst the market in all the other regions, is projected to hold the largest share by the end of 2035. The growth of the market can be attributed majorly to the growing spending in the military. As military organizations try to improve their surveillance and intelligence capabilities to confront changing threats and challenges, the demand for ground surveillance radar systems is projected to increase with rising military spending in the region. Moreover, military organizations in the area are likely to invest in upgrading their existing systems or purchasing new ones to keep up with possible enemies. For instance, the United States, which accounted for around 40% of global military spending in 2020, is by far the largest military spender in the world. China is still far behind with over USD 250 billion. Further, the increasing concerns regarding safety in the region, along with the availability of major market players, are also anticipated to contribute to the market growth in the region. In addition, the region's increasing research and development spending to produce new, highly dependable military machinery and equipment is also anticipated to boost the market growth during the forecast period. With over 800 billion dollars allocated to the military in 2021, the United States was the nation with the largest military budget.

APAC Market Statistics

The Asian Pacific ground surveillance radar (GSR) systems market is estimated to hold the second-largest, share by the end of 2035. The growth of the market can be attributed majorly to the increasing investments in air missile systems and ballistic missiles. The demand for ground surveillance radar systems is probably going to increase in the region as a result of growing investment in air missile systems and ballistic missiles. For instance, the need for these systems is anticipated to increase as nations in the area looking to improve their missile defense capabilities and respond to new security threats. Further, the growing instability in global politics between economies in the region is also anticipated to contribute to the market growth in the region. In addition, the growing technological advancements in the region have resulted in the creation of increasingly advanced and effective ground surveillance radar systems, which are also anticipated to boost market growth during the forecast period.

Europe Market Forecast

Further, the market in Europe, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2035. The growth of the market can be attributed majorly to the increasing spending on defense. For instance, European countries are increasing their defense spending to improve their military preparedness and capability in response to the growing concerns about regional security threats. The need for ground observation radar systems, essential to military radar and information gathering, is anticipated to be driven by this increase in spending. Further, the growing technological advancements in the region, along with the surging automotive sector, are also anticipated to contribute to the market growth in the region. In addition, the region's increasing need for radar systems in the military and defense industry is also anticipated to boost market growth during the forecast period.

Research Nester
Ground Surveillance Radar (GSR) Systems Market Size
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Companies Dominating the Ground Surveillance Radar (GSR) Systems Landscape

top-features-companies
    • Saab AB
      •  Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Thales SA
    • Lockheed Martin Corporation
    • Raytheon Company
    • FLIR Systems Inc.
    • Israel Aerospace Industries Ltd.
    • Kongsberg Gruppen
    • DeTect Inc.
    • SRC Inc.
    • Elbit Systems Ltd.

In-the-news

In The News

  • Thales SA announced to provide Ukraine with GM200 radar and air defense systems, containing a variety of tools and sensor systems, which will help Ukrainian soldiers defend themselves against Russian forces. Further, target designators, radio communications, and C2 centers will all be a part of the air defense system.
  • Israel Aerospace Industries Ltd. teamed up with ESG and decided to produce and provide 69 tactical mobile radar systems to the German Ground Army. Further, to successfully share best practices, the organization supplied training programs, resources, and initial spare parts.

Author Credits:  Ipsheeta Dash, Sadaf Naaz


  • Report ID: 4004
  • Published Date: Apr 25, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising demand for border protection and the growing terrorism are the major factors driving the market growth.

The market size of ground surveillance radar (GSR) systems is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2023-2035.

Exorbitant development cost of GSR systems and the growing cyber warefare are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Saab AB, Thales SA, Lockheed Martin Corporation, Raytheon Company, FLIR Systems Inc., and others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by product type, application, and by region.

The aerospace & defense segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
GSR Systems Market Report Scope
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