According to the latest report by IMARC Group, titled “Synthetic Aperture Radar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global synthetic aperture radar market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global synthetic aperture radar market size reached a value of US$ 3.42 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 6.64 Billion by 2027 exhibiting a CAGR of 11.20% during 2022-2027.
Synthetic aperture radar (SAR) is an imaging technology utilized for collecting data and producing fine-quality images from a radar system. It is available in various frequencies, such as the X, L, C, S, VHF, and UHF bands. Synthetic aperture radar transmits and receives electromagnetic (EM) signals from the surface of the Earth using active sensors. It is used in several applications, including tracking the paths of oil spills into sensitive marshes, studying icebergs, mapping the wetlands, detecting changes in habitat, water levels and moisture, analyzing the effects of human or natural disturbances after earthquakes or sinkhole openings, etc. As a result, synthetic aperture radar finds extensive utilization across the defense and commercial sectors.
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Synthetic Aperture Radar Market Trends and Drivers:
The rising awareness towards environmental degradation, climatic changes, and disaster management is among the primary factors driving the synthetic aperture radar market. Besides this, the escalating requirement for this technology among scientists, geologists, researchers, etc., for studying the reflectivity of objects or environments with high spatial resolution is further augmenting the market growth.
Apart from this, the elevating adoption of the SAR techniques in the agriculture sector to improve field plowing, soil tillage, and crop harvesting is also catalyzing the global market. Moreover, the shifting inclination towards this technology among researchers from conventional observation satellites is acting as another significant growth-inducing factor.
Furthermore, the increasing demand for SAR satellites in the defense sector across countries for surveillance, precision targeting, and reconnaissance is expected to bolster the synthetic aperture radar market in the coming years.
Global Synthetic Aperture Radar Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Airbus SE, Aselsan A.?., BAE Systems plc, Cobham Limited, General Atomics, Israel Aerospace Industries, L3Harris Technologies Inc., Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB and Thales Group.
The report has segmented the market on the basis of region, component, mode, frequency band, platform and application.
Breakup by Component:
- Antenna
- Receiver
- Transmitter
Breakup by Mode:
- Single Mode
- Multi-Mode
Market Breakup by Frequency Band:
- X Band
- L Band
- C Band
- S Band
- K, Ku, Ka Band
- VHF/UHF Band
- Others
Breakup by Platform:
- Airborne
- Ground
Breakup by Application:
- Defense
- Commercial
Market Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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