Asia-Pacific: Radar Apparatus Market 2025

Radar Apparatus Market Size in Asia-Pacific

The Asia-Pacific radar apparatus market declined to $X in 2022, reducing by -6.6% against the previous year. Overall, consumption continues to indicate a perceptible slump. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Radar Apparatus Production in Asia-Pacific

In value terms, radar apparatus production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 214% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Radar Apparatus Exports

Exports in Asia-Pacific

In 2022, overseas shipments of radar apparatus, radio navigational aid apparatus and radio remote control apparatus increased by 19% to X units, rising for the fourth consecutive year after four years of decline. Overall, exports recorded a perceptible increase. The pace of growth was the most pronounced in 2020 when exports increased by 25% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, radar apparatus exports reached $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 17%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

China dominates exports structure, amounting to X units, which was approx. 64% of total exports in 2022. Taiwan (Chinese) (X units) took an 8.1% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (5.9%) and South Korea (5.4%). The following exporters - Japan (X units), Singapore (X units) and Vietnam (X units) - together made up 9% of total exports.

From 2012 to 2022, average annual rates of growth with regard to radar apparatus exports from China stood at +17.1%. At the same time, Vietnam (+26.9%), Malaysia (+15.5%), Singapore (+13.6%) and South Korea (+3.3%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +26.9% from 2012-2022. By contrast, Taiwan (Chinese) (-7.0%) and Japan (-11.1%) illustrated a downward trend over the same period. While the share of China (+43 p.p.), Malaysia (+3.6 p.p.) and Vietnam (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Japan (-17.9 p.p.) and Taiwan (Chinese) (-19.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest radar apparatus supplier in Asia-Pacific, comprising 39% of total exports. The second position in the ranking was taken by Singapore ($X), with a 12% share of total exports. It was followed by Taiwan (Chinese), with an 8% share.

From 2012 to 2022, the average annual growth rate of value in China totaled +2.7%. In the other countries, the average annual rates were as follows: Singapore (+18.4% per year) and Taiwan (Chinese) (-4.8% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, declining by -12.8% against the previous year. Over the period under review, the export price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when the export price increased by 22% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+4.3%), while the other leaders experienced more modest paces of growth.

Radar Apparatus Imports

Imports in Asia-Pacific

In 2022, radar apparatus imports in Asia-Pacific expanded remarkably to X units, increasing by 6.5% on 2021 figures. The total import volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 21%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, radar apparatus imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of +3.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when imports increased by 13%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Japan (X units), distantly followed by China (X units), South Korea (X units) and Australia (X units) were the main importers of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, together achieving 74% of total imports. The following importers - Indonesia (X units), Hong Kong SAR (X units), Singapore (X units), Thailand (X units), Taiwan (Chinese) (X units) and India (X units) - together made up 22% of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +38.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest radar apparatus importing markets in Asia-Pacific were Japan ($X), China ($X) and South Korea ($X), with a combined 64% share of total imports. Singapore, Australia, India, Indonesia, Hong Kong SAR, Thailand and Taiwan (Chinese) lagged somewhat behind, together comprising a further 31%.

India, with a CAGR of +26.6%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2016 an increase of 10%. Over the period under review, import prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+15.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform