Market Share of Coherent Radar Industry
The coherent radar systems market is consolidated with leading players, such as HENSOLDT AG, RTX Corporation, BAE Systems PLC, Leonardo SpA, and Thales, accounting for a majority of the market share.
The stringent safety and regulatory policies in the defense segment are expected to restrict the entry of new players. With the growing implementation of stealth technologies in adversary aerial platforms and weapons, market players are focusing on the development of sophisticated radar systems that can effectively detect targets with lower radar cross-sections. To ensure long-term partnerships with end-user countries and easy integration with a broad spectrum of military assets, these companies are dedicating their resources to the development of cutting-edge radar technology.
Coherent Radar Market Leaders
BAE Systems plc
Leonardo S.p.A.
RTX Corporation
THALES
HENSOLDT AG
*Disclaimer: Major Players sorted in no particular order
