| Product Code: ETC4663004 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus saw a significant uptick in radar import shipments, with top exporting countries including Denmark, USA, Netherlands, China, and Israel. The market remains fairly competitive with low concentration, as indicated by the low Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 39.7% from 2020 to 2024 highlights the robust expansion of the radar import market in Cyprus. Moreover, the remarkable growth rate of 86.93% from 2023 to 2024 demonstrates the accelerating pace of import shipments, signaling a dynamic and thriving market environment.

The Radar market in Cyprus is projected to grow at a stable growth rate of 2.03% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

The radar market in Cyprus is witnessing growth driven by applications in defense, aviation, automotive, and meteorology. Radars are essential for surveillance, navigation, and weather forecasting, playing a crucial role in ensuring safety and security. The Cypriot government`s investments in modernizing defense capabilities and improving air traffic management systems are likely to propel market expansion. Moreover, the development of advanced radar technologies, such as phased array and solid-state radars, will enhance the capabilities of radar systems, catering to evolving demands across various industries.
The radar market in Cyprus is primarily driven by advancements in technology and the increasing demand for radar systems across defense, aviation, and automotive sectors. The growing need for surveillance, reconnaissance, and traffic management solutions has led to significant investments in radar technology. In the defense sector, the demand for advanced radar systems for threat detection and monitoring is driving market growth. Additionally, the rise of autonomous vehicles and the need for collision avoidance systems are further propelling the radar market. The ongoing research and development activities aimed at enhancing radar capabilities and reducing costs are also expected to contribute to market expansion.
The Cyprus radar market faces challenges due to the relatively small size of its defense and aviation sectors, which are the primary consumers of radar technology. Budget constraints in both sectors limit the investment in advanced radar systems, while reliance on imports for sophisticated radar technology creates dependency on external suppliers. Moreover, competition from global suppliers, who offer more advanced and cost-efficient systems, puts pressure on local players trying to enter the market.
In Cyprus, the radar market is impacted by defense policies and border security measures. As a member of the European Union, Cyprus aligns with regional security frameworks, leading to investments in advanced radar systems for surveillance and defense applications. Government contracts for radar systems, especially those aimed at enhancing maritime and airspace security, play a significant role in shaping the market. Additionally, policies supporting technological upgrades in air traffic management contribute to the demand for radar solutions in the aviation sector.
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 Cyprus Radar Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Radar Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Radar Market - Industry Life Cycle |
3.4 Cyprus Radar Market - Porter's Five Forces |
3.5 Cyprus Radar Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Cyprus Radar Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.7 Cyprus Radar Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.8 Cyprus Radar Market Revenues & Volume Share, By Frequency Band, 2021 & 2031F |
3.9 Cyprus Radar Market Revenues & Volume Share, By Range, 2021 & 2031F |
3.10 Cyprus Radar Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Cyprus Radar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Radar Market Trends |
6 Cyprus Radar Market Segmentations |
6.1 Cyprus Radar Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Radar Market Revenues & Volume, By Antenna, 2021-2031F |
6.1.3 Cyprus Radar Market Revenues & Volume, By Transmitter, 2021-2031F |
6.1.4 Cyprus Radar Market Revenues & Volume, By Receiver, 2021-2031F |
6.1.5 Cyprus Radar Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cyprus Radar Market, By Service |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Radar Market Revenues & Volume, By Installation/Integration, 2021-2031F |
6.2.3 Cyprus Radar Market Revenues & Volume, By Support & Maintenance, 2021-2031F |
6.2.4 Cyprus Radar Market Revenues & Volume, By Training & Consulting, 2021-2031F |
6.3 Cyprus Radar Market, By Platform |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Radar Market Revenues & Volume, By Ground-based, 2021-2031F |
6.3.3 Cyprus Radar Market Revenues & Volume, By Naval, 2021-2031F |
6.3.4 Cyprus Radar Market Revenues & Volume, By Airborne, 2021-2031F |
6.3.5 Cyprus Radar Market Revenues & Volume, By Space-based, 2021-2031F |
6.4 Cyprus Radar Market, By Frequency Band |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Radar Market Revenues & Volume, By L-band, 2021-2031F |
6.4.3 Cyprus Radar Market Revenues & Volume, By S-band, 2021-2031F |
6.4.4 Cyprus Radar Market Revenues & Volume, By C-band, 2021-2031F |
6.4.5 Cyprus Radar Market Revenues & Volume, By X-band, 2021-2031F |
6.4.6 Cyprus Radar Market Revenues & Volume, By Ku-band, 2021-2031F |
6.4.7 Cyprus Radar Market Revenues & Volume, By Ka-band, 2021-2031F |
6.5 Cyprus Radar Market, By Range |
6.5.1 Overview and Analysis |
6.5.2 Cyprus Radar Market Revenues & Volume, By Long, 2021-2031F |
6.5.3 Cyprus Radar Market Revenues & Volume, By Medium, 2021-2031F |
6.5.4 Cyprus Radar Market Revenues & Volume, By Short, 2021-2031F |
6.6 Cyprus Radar Market, By End-Users |
6.6.1 Overview and Analysis |
6.6.2 Cyprus Radar Market Revenues & Volume, By Military Applications, 2021-2031F |
6.6.3 Cyprus Radar Market Revenues & Volume, By Air Traffic Control, 2021-2031F |
6.6.4 Cyprus Radar Market Revenues & Volume, By Remote Sensing, 2021-2031F |
6.6.5 Cyprus Radar Market Revenues & Volume, By Ground Traffic Control, 2021-2031F |
6.6.6 Cyprus Radar Market Revenues & Volume, By Others, 2021-2031F |
7 Cyprus Radar Market Import-Export Trade Statistics |
7.1 Cyprus Radar Market Export to Major Countries |
7.2 Cyprus Radar Market Imports from Major Countries |
8 Cyprus Radar Market Key Performance Indicators |
9 Cyprus Radar Market - Opportunity Assessment |
9.1 Cyprus Radar Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Cyprus Radar Market Opportunity Assessment, By Service, 2021 & 2031F |
9.3 Cyprus Radar Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.4 Cyprus Radar Market Opportunity Assessment, By Frequency Band, 2021 & 2031F |
9.5 Cyprus Radar Market Opportunity Assessment, By Range, 2021 & 2031F |
9.6 Cyprus Radar Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Cyprus Radar Market - Competitive Landscape |
10.1 Cyprus Radar Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Radar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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