Synthetic Aperture Radar (SAR) Market in the space sector market, in terms of revenue, was estimated to be USD 3614.6 million in 2021 and is expected to reach USD 7645.4 million in 2028, growing at a CAGR of 11.30% from 2022 to 2028
The global Synthetic Aperture Radar (SAR) in space sector is expected to grow at a significant rate due to the number of driving factors. The study provides a crucial view of global synthetic aperture radar (SAR) in space sector market by segmenting the market based on frequency band, platform, application and region. On the basis of frequency band, global synthetic aperture radar (SAR) in space sector market is segmented as single frequency band and multi frequency band. On the basis of platform, global synthetic aperture radar (SAR) in space sector market is segmented as space platform and ground platform.
Synthetic Aperture Radar (SAR) Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Synthetic Aperture Radar (SAR) Market place for the forecast 2021– 2028.
A Synthetic Aperture Radar (SAR) is a coherent mostly airborne or space-borne side-looking radar system that utilizes the flight path of the platform to simulate an extremely large antenna or aperture electronically, and that generates high-resolution remote sensing imagery. It is rapidly becoming a key dataset in the geospatial investigation as it is not limited by illumination or cloud cover like many other observational methods. Some of the sectors require broad-area imaging at high resolutions such as; environmental monitoring, earth-resource mapping, and military systems. Synthetic aperture radar (SAR) provides such a capability. It takes an advantage of the long-range propagation characteristics of radar signals and the complex information processing capability of modern digital electronics to provide high resolution imagery. It can be lightweight, low power, highly scalable systems and used in a variety of applications, both military and civilian. Both optical and SAR imagery are used in these applications.
On the basis of application, the market is segmented into defense and research & commercial. Research & commercial is further sub-divided into public safety, environmental monitoring, natural resource exploration and others. The regions covered in global synthetic aperture radar (SAR) in space sector market are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, global point-of-care diagnostics market sub-divided into U.S., Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Brazil, Mexico, GCC, Africa, etc.
The global synthetic aperture radar (SAR) in space sector market is expected to witness a lucrative growth within the forecast period owing to increasing investments in surveillance and attack unmanned aerial vehicle (UAVs). In addition, in space sector, it has permitted governments and organizations access to high resolution imagery for supporting advance sensing and monitoring systems. Increasing commercialization of imagery data obtained through these satellites are among the major trend of the synthetic aperture radar in space sector market. Industry players are expected to increasingly emphasize on the size and weight reduction of space borne radar systems and enhance the overall image resolution to gain competitive edge over their immediate competitors. Increasing technological advancements and the significance of UAVs in security countermeasure operations are also supplementing the market growth.
There is an increasing integration of UAVs with electronics such as the command, computers, intelligence, surveillance, and reconnaissance (C4IRS) systems that support military operations. Furthermore, there are various potential applications of SAR, such as biomass estimation, crops monitoring, vegetation cover mapping, mineral exploration, ice dynamics modeling, forest fire, and biological water monitoring which are further expected to foster the market growth. However, high initial cost may hamper the market growth. Moreover, SAR technology vendors are expected to leverage the potential opportunities in the drones and surveillance departments to increase their dominance over other imaging technologies in the market. So all these factors are expected to drive the growth of synthetic aperture radar (SAR) market.
By Frequency Band:
By Application Area:
The frequency band segment of synthetic aperture radar (SAR) in space sector market is dominated by XXXX by capturing the largest market share XX% in year 2018 owing to its huge potential in various industries. In the platform segment XXXX gained the largest share xxxx% of this market in the year 2018 and expeceted to continue the same within the forecast period. The application segment is dominated by XXXX by capturing XXXX% share of this market in the year 2018.
North America held the largest market share of xx% in 2018 of global synthetic aperture radar (SAR) in space sector market. The United States has been a pioneer in the field of advanced technologies and applications across the military, agriculture, and oil and mining exploration sectors. In accumulation, the U.S. military is exchanging its heirloom radars with advanced synthetic aperture radars, which helps to rise the evolution of the synthetic aperture radar market in the region. Asia-Pacific is expected to be a promising market growing with a CAGR of XX% for synthetic aperture radar (SAR) in space sector owing to the growing scientific research operations and defense budget in this region.
On Special Requirement Synthetic Aperture Radar (SAR)Market Report is also available for below Regions and Country:
Middle East and Africa
|Historical data||2015 - 2020|
|Forecast Period||2021 - 2028|
|Market Size in 2021:||USD 3614.6 million|
|Base year considered||2020|
|Forecast Period CAGR %:||
|Market Size Expected in 2028:||USD 7645.4 million|
|Tables, Charts & Figures:||175|
|synthetic aperture radar companies||MDA Corporation, Northrop Grumman Corporation, OHB Systems AG, PredaSAR, R2 Space, Raytheon Company, Saab AB, SkyGeo, TERRASIGNA, Thales Group, Airbus S.A.S., Aselsan S.A., BAE Systems, Capella Space, CGG, Cobham plc, General Atomics, GroundProde, Harris Corporation, ICEYE, Israel Aerospace Industries, Leonardo S.p.A , Lockheed Martine Corporation, TRE Altamira, UrtheCast Corp.|
|Segments Covered||By Component, By Platform, By Frequency Band, By Application Area, By Mode|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|