Market Forecast By Component (Antenna, Transmitter, Receiver, Others), By Service (Installation/Integration, Support & Maintenance, Training & Consulting), By Platform (Ground-based, Naval, Airborne, Space-based), By Frequency Band (L-band, S-band, C-band, X-band, Ku-band, Ka-band, Others), By Range (Long, Medium, Short), By End-Users (Military Applications, Air Traffic Control, Remote Sensing, Ground Traffic Control, Others) And Competitive Landscape
Product Code: ETC074451 | Publication Date: Jun 2021 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Bangladesh Radar Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Beginning strongly at 49.45% in 2025, growth softens to 8.70% in 2029.
Bangladesh's Radar market is anticipated to experience a exponential growth rate of 36.28% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
Report Name | Bangladesh Radar Market |
Forecast period | 2025-2031 |
CAGR | 5.8% |
Growing Sector | Military |
The Bangladesh Radar Market Report thoroughly covers the market by component, service, platform, frequency band, range and end-users. The Bangladesh Radar Market Outlook report provides an unbiased and detailed analysis of the ongoing Bangladesh Radar Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
The Bangladesh Radar Market is expected to grow at a higher growth rate in the near future. This growth of the industry is attributed to various factors such as increasing investments in military modernization and advancements in technology. Moreover, the growing demand for surveillance and security systems among the defence and commercial sectors is also expected to drive market growth.
According to 6Wresearch, the Bangladesh Radar Market size is projected to rise at a CAGR of 5.8% during 2025-2031. One of the key drivers for the growth of the Bangladesh radar market is the country's expanding military capabilities. With rising tensions in the region and increasing security threats, the Bangladesh government has been focusing on strengthening its defense capabilities. Moreover, the advancements in technology have also played a significant role in shaping the Bangladesh Radar Market growth. With developments such as AI-based radars and 3D surveillance systems, the demand for modern and sophisticated radar systems has increased in Bangladesh.
However, the market also faces certain challenges that could hinder its growth. One of the major challenges is the high cost associated with acquiring and maintaining advanced radar systems. This can be a significant barrier for smaller countries like Bangladesh, which may not have the financial resources to invest in such expensive equipment.
Some of the key players operating in the Bangladesh radar market include Raytheon Company, Lockheed Martin Corporation, Saab AB, Northrop Grumman Corporation, and Thales Group. These companies have been actively involved in supplying radar systems to the Bangladesh government and collaborating with local defense companies for joint production.
The government has been taking initiatives to promote indigenisation of defense equipment. These initiatives include collaborations with foreign companies for technology transfer and development of domestic manufacturing capabilities. Additionally, the market is also witnessing a trend towards multi-function radars that can perform multiple tasks such as surveillance, navigation, and weather monitoring. This not only saves costs but also reduces the need for multiple radar systems, making it an attractive option for defence forces.
Bangladesh radar market holds immense potential for growth and presents lucrative opportunities for both local and international players. With ongoing modernization efforts and increasing investment in defense, the demand for radar systems is expected to continue to grow in the country. As such, companies willing to enter or expand their presence in the market should keep a close eye on developments and tap into this burgeoning market for long-term success.
According to Prakhar, Senior Research Analyst, 6Wresearch, based on Service, the installation/integration segment is expected to hold a significant market share in the Bangladesh radar market. This can be attributed to the increasing deployment of advanced radar systems for defence and surveillance purposes.
One of the major factors driving the growth of the Bangladesh radar market is the increasing demand from the military sector. The Bangladesh Armed Forces have been investing in modernizing their defense capabilities, which includes the procurement of advanced radar systems.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Radar Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Radar Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Radar Market - Industry Life Cycle |
3.4 Bangladesh Radar Market - Porter's Five Forces |
3.5 Bangladesh Radar Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Bangladesh Radar Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.7 Bangladesh Radar Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.8 Bangladesh Radar Market Revenues & Volume Share, By Frequency Band, 2021 & 2031F |
3.9 Bangladesh Radar Market Revenues & Volume Share, By Range, 2021 & 2031F |
3.10 Bangladesh Radar Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Bangladesh Radar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Radar Market Trends |
6 Bangladesh Radar Market, By Types |
6.1 Bangladesh Radar Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Radar Market Revenues & Volume, By Component, 2021 - 2031F |
6.1.3 Bangladesh Radar Market Revenues & Volume, By Antenna, 2021 - 2031F |
6.1.4 Bangladesh Radar Market Revenues & Volume, By Transmitter, 2021 - 2031F |
6.1.5 Bangladesh Radar Market Revenues & Volume, By Receiver, 2021 - 2031F |
6.1.6 Bangladesh Radar Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Bangladesh Radar Market, By Service |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Radar Market Revenues & Volume, By Installation/Integration, 2021 - 2031F |
6.2.3 Bangladesh Radar Market Revenues & Volume, By Support & Maintenance, 2021 - 2031F |
6.2.4 Bangladesh Radar Market Revenues & Volume, By Training & Consulting, 2021 - 2031F |
6.3 Bangladesh Radar Market, By Platform |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Radar Market Revenues & Volume, By Ground-based, 2021 - 2031F |
6.3.3 Bangladesh Radar Market Revenues & Volume, By Naval, 2021 - 2031F |
6.3.4 Bangladesh Radar Market Revenues & Volume, By Airborne, 2021 - 2031F |
6.3.5 Bangladesh Radar Market Revenues & Volume, By Space-based, 2021 - 2031F |
6.4 Bangladesh Radar Market, By Frequency Band |
6.4.1 Overview and Analysis |
6.4.2 Bangladesh Radar Market Revenues & Volume, By L-band, 2021 - 2031F |
6.4.3 Bangladesh Radar Market Revenues & Volume, By S-band, 2021 - 2031F |
6.4.4 Bangladesh Radar Market Revenues & Volume, By C-band, 2021 - 2031F |
6.4.5 Bangladesh Radar Market Revenues & Volume, By X-band, 2021 - 2031F |
6.4.6 Bangladesh Radar Market Revenues & Volume, By Ku-band, 2021 - 2031F |
6.4.7 Bangladesh Radar Market Revenues & Volume, By Ka-band, 2021 - 2031F |
6.5 Bangladesh Radar Market, By Range |
6.5.1 Overview and Analysis |
6.5.2 Bangladesh Radar Market Revenues & Volume, By Long, 2021 - 2031F |
6.5.3 Bangladesh Radar Market Revenues & Volume, By Medium, 2021 - 2031F |
6.5.4 Bangladesh Radar Market Revenues & Volume, By Short, 2021 - 2031F |
6.6 Bangladesh Radar Market, By End-Users |
6.6.1 Overview and Analysis |
6.6.2 Bangladesh Radar Market Revenues & Volume, By Military Applications, 2021 - 2031F |
6.6.3 Bangladesh Radar Market Revenues & Volume, By Air Traffic Control, 2021 - 2031F |
6.6.4 Bangladesh Radar Market Revenues & Volume, By Remote Sensing, 2021 - 2031F |
6.6.5 Bangladesh Radar Market Revenues & Volume, By Ground Traffic Control, 2021 - 2031F |
6.6.6 Bangladesh Radar Market Revenues & Volume, By Others, 2021 - 2031F |
7 Bangladesh Radar Market Import-Export Trade Statistics |
7.1 Bangladesh Radar Market Export to Major Countries |
7.2 Bangladesh Radar Market Imports from Major Countries |
8 Bangladesh Radar Market Key Performance Indicators |
9 Bangladesh Radar Market - Opportunity Assessment |
9.1 Bangladesh Radar Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Bangladesh Radar Market Opportunity Assessment, By Service, 2021 & 2031F |
9.3 Bangladesh Radar Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.4 Bangladesh Radar Market Opportunity Assessment, By Frequency Band, 2021 & 2031F |
9.5 Bangladesh Radar Market Opportunity Assessment, By Range, 2021 & 2031F |
9.6 Bangladesh Radar Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Bangladesh Radar Market - Competitive Landscape |
10.1 Bangladesh Radar Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Radar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |