Solid State Radar Market Worth $3.3 Billion by 2030

The Solid State Radar Market is projected to reach $3.3 billion by 2030, at a CAGR of 7.5% from 2023 to 2030. The growth of this market is driven by the increased demand for advanced weather monitoring radar and the growing demand for solid-state phased array radar systems from the defense sector. However, the high manufacturing cost may restrain the market’s growth. The growing demand for 3D solid-state radars and the surge in demand for air surveillance radars are expected to offer significant growth opportunities for stakeholders in the solid state radar market. Furthermore, the consistent development in countering existing radar technology is expected to pose a challenge to the growth of the solid state radar market.

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