Digital Radar Market: Advancing Precision Sensing and Situational Awareness

The global digital radar market is projected to reach USD 26.4 billion by 2033, up from USD 5.0 billion in 2023, growing at an impressive CAGR of 18.1% during 2024–2033. This growth is driven by surging demand in automotive, defense, and aerospace applications, with increased adoption of autonomous systems and smart infrastructure. North America led the market in 2023 with a 37.4% share, generating USD 1.8 billion in revenue.

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Digital Radar Market Size, Share, Trends | CAGR of 18%
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Digital Radar Market Size, Share, Trends | CAGR of 18%

Digital Radar Market is estimated to reach USD 26.4 billion By 2033, Riding on a Strong 18.1% CAGR throughout the forecast period.