Asia: Radar Apparatus Market 2025

Radar Apparatus Market Size in Asia

In 2022, the Asian radar apparatus market decreased by -6.6% to $X, falling for the fourth consecutive year after two years of growth. Overall, consumption showed a pronounced curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Radar Apparatus Production in Asia

In value terms, radar apparatus production reduced to $X in 2022 estimated in export price. Overall, production showed a tangible increase. The growth pace was the most rapid in 2014 when the production volume increased by 207%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Radar Apparatus Exports

Exports in Asia

In 2022, shipments abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus increased by 19% to X units, rising for the fifth year in a row after three years of decline. Over the period under review, exports saw a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, radar apparatus exports stood at $X in 2022. The total export value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

China dominates exports structure, amounting to X units, which was approx. 62% of total exports in 2022. Taiwan (Chinese) (X units) held the second position in the ranking, followed by Malaysia (X units) and South Korea (X units). All these countries together took near 19% share of total exports. The following exporters - Japan (X units), Israel (X units), Singapore (X units) and Vietnam (X units) - together made up 11% of total exports.

Exports from China increased at an average annual rate of +17.1% from 2012 to 2022. At the same time, Israel (+38.0%), Vietnam (+26.9%), Malaysia (+15.5%), Singapore (+13.6%) and South Korea (+3.3%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in Asia, with a CAGR of +38.0% from 2012-2022. By contrast, Taiwan (Chinese) (-7.0%) and Japan (-11.1%) illustrated a downward trend over the same period. China (+41 p.p.), Malaysia (+3.5 p.p.), Israel (+2.5 p.p.) and Vietnam (+1.7 p.p.) significantly strengthened its position in terms of the total exports, while Japan and Taiwan (Chinese) saw its share reduced by -18% and -19.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest radar apparatus supplier in Asia, comprising 36% of total exports. The second position in the ranking was held by Singapore ($X), with an 11% share of total exports. It was followed by Taiwan (Chinese), with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +2.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (+18.4% per year) and Taiwan (Chinese) (-4.8% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, reducing by -13.1% against the previous year. Overall, the export price recorded a pronounced decline. The most prominent rate of growth was recorded in 2016 an increase of 20% 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 failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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

Radar apparatus imports expanded sharply to X units in 2022, picking up by 5.2% against the previous year's figure. The total import volume increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 14%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, radar apparatus imports rose markedly to $X in 2022. The total import value increased at an average annual rate of +2.7% over the period 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 11% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Japan (X units), distantly followed by China (X units), South Korea (X units) and Turkey (X units) represented the main importers of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, together constituting 70% of total imports. The following importers - Indonesia (X units), Hong Kong SAR (X units), Singapore (X units), Thailand (X units), Taiwan (Chinese) (X units), India (X units) and the United Arab Emirates (X units) - together made up 23% 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, Japan ($X), China ($X) and South Korea ($X) were the countries with the highest levels of imports in 2022, with a combined 60% share of total imports. Singapore, India, Turkey, Indonesia, Hong Kong SAR, Thailand, the United Arab Emirates and Taiwan (Chinese) lagged somewhat behind, together comprising a further 30%.

In terms of the main importing countries, India, with a CAGR of +26.6%, saw the highest rates of growth with regard to the value of imports, 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 amounted to $X per unit, leveling off at the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2016 when the import price increased by 17% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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