India: Radar Apparatus Market 2025

Radar Apparatus Market Size in India

The Indian radar apparatus market dropped to $X in 2022, waning by -2.9% against the previous year. Over the period under review, consumption recorded a noticeable shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Radar Apparatus Production in India

In value terms, radar apparatus production contracted modestly to $X in 2022 estimated in export price. Overall, production faced a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the production volume increased by 196%. 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 from India

In 2022, shipments abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus increased by 17% to X units, rising for the seventh year in a row after three years of decline. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 369% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, radar apparatus exports rose markedly to $X in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 264% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Hungary (X units) was the main destination for radar apparatus exports from India, with a 61% share of total exports. Moreover, radar apparatus exports to Hungary exceeded the volume sent to the second major destination, Israel (X units), fourfold. The third position in this ranking was held by Singapore (X units), with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hungary totaled +342.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+58.5% per year) and Singapore (+85.1% per year).

In value terms, Hungary ($X), Israel ($X) and the United States ($X) constituted the largest markets for radar apparatus exported from India worldwide, together accounting for 88% of total exports.

In terms of the main countries of destination, Hungary, with a CAGR of +339.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average radar apparatus export price stood at $X per unit in 2022, shrinking by -9.9% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 98%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($X per unit), while the average price for exports to Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+133.6%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into India

For the seventh year in a row, India recorded growth in supplies from abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, which increased by 11% to X units in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2013 when imports increased by 121% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, radar apparatus imports contracted to $X in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 93%. Imports peaked at $X in 2021, and then reduced slightly in the following year.

Imports by Country

Israel (X units), Vietnam (X units) and China (X units) were the main suppliers of radar apparatus imports to India, together comprising 73% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +435.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), Vietnam ($X) and China ($X) appeared to be the largest radar apparatus suppliers to India, with a combined 80% share of total imports.

Vietnam, with a CAGR of +451.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average radar apparatus import price stood at $X per unit in 2022, waning by -14.3% against the previous year. Over the period under review, the import price recorded a abrupt descent. The pace of growth appeared the most rapid in 2015 when the average import price increased by 47% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform