All updated as on -
By 2030, the market for synthetic aperture radar (SAR) is anticipated to reach USD 10.9 billion, growing at a CAGR of 11.9% from 2023 to 2030.
The phrase "synthetic aperture radar market" (SAR) refers to both ground- and space-based SAR that operates on the premise of sending and receiving reflected signals that interact with the ground to aid in imaging, tracking, detection, and characterization. Synthetic aperture radar has many more applications than conventional electro-optical (EO) imaging systems since microwaves can travel through clouds and provide dependable 24-hour, all-weather data efficiency. SAR systems are far less often used than traditional optical vision, although having several advantages. The Land Remote Sensing Policy Act of 1992's requirements for obtaining a licence to use a private remote sensing space system were updated as a result of the publication of Licencing of Private Remote Sensing Space Systems by the Department of Commerce and the National Oceanic and Atmospheric Administration (NOAA).
Driving Factors
Synthetic aperture radar, which is used to locate missiles, complexes of buildings, and topographical features of the surrounding terrain, is in more demand due to military uses. Synthetic aperture radar is also used for battlefield observation, weapon guidance, and mission planning for upcoming operations. The growing military and defence budget has made it possible to create missiles with higher levels of targeting precision. Significant differences between missile-borne SAR and airborne SAR include high flight speed and straight movement, both of which are necessary for accurate real-time measurement. It is projected that more airborne and spaceborne SAR systems will be used in missions involving surveillance, intelligence gathering, and reconnaissance than ground-based systems.
Restraining Factors
The expense involved in its development is a significant factor limiting the growth of the synthetic aperture radar industry on a global scale. The value chain for synthetic aperture radar requires significant investments at several points. The market for synthetic aperture radar, however, will be significantly constrained during the anticipated time period by issues with debris and deorbiting in space.
Report Coverage
Global Synthetic Aperture Radar research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Synthetic Aperture Radar report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Synthetic Aperture Radar competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Synthetic Aperture Radar market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Synthetic Aperture Radar market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Synthetic Aperture Radar market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Lockheed Martin Corporation, Airbus SE, Aselsan A.S., BAE Systems Plc, Cobham Plc (Advent), General Atomics Aeronautical Systems Inc., L3Harris Technologies, IMSAR LLC, Israel Aerospace Industries Ltd, Leonardo SpA, Maxar Technologies Ltd, MetaSensing Group, Northrop Grumman Corporation, Raytheon Company, Saab AB, SAR AERO, SRC Inc., Thales Group
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Synthetic Aperture Radar market based on the below-mentioned segments:
Global Synthetic Aperture Radar Market, By Component
Global Synthetic Aperture Radar market, By Application
Global Synthetic Aperture Radar market, Regional Analysis
The phrase "synthetic aperture radar market" (SAR) refers to both ground- and space-based SAR that operates on the premise of sending and receiving reflected signals that interact with the ground to aid in imaging, tracking, detection, and characterization. Synthetic aperture radar has many more applications than conventional electro-optical (EO) imaging systems since microwaves can travel through clouds and provide dependable 24-hour, all-weather data efficiency. SAR systems are far less often used than traditional optical vision, although having several advantages. The Land Remote Sensing Policy Act of 1992's requirements for obtaining a licence to use a private remote sensing space system were updated as a result of the publication of Licencing of Private Remote Sensing Space Systems by the Department of Commerce and the National Oceanic and Atmospheric Administration (NOAA).
Driving Factors
Synthetic aperture radar, which is used to locate missiles, complexes of buildings, and topographical features of the surrounding terrain, is in more demand due to military uses. Synthetic aperture radar is also used for battlefield observation, weapon guidance, and mission planning for upcoming operations. The growing military and defence budget has made it possible to create missiles with higher levels of targeting precision. Significant differences between missile-borne SAR and airborne SAR include high flight speed and straight movement, both of which are necessary for accurate real-time measurement. It is projected that more airborne and spaceborne SAR systems will be used in missions involving surveillance, intelligence gathering, and reconnaissance than ground-based systems.
Restraining Factors
The expense involved in its development is a significant factor limiting the growth of the synthetic aperture radar industry on a global scale. The value chain for synthetic aperture radar requires significant investments at several points. The market for synthetic aperture radar, however, will be significantly constrained during the anticipated time period by issues with debris and deorbiting in space.
Report Coverage
Global Synthetic Aperture Radar research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Synthetic Aperture Radar report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Synthetic Aperture Radar competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Synthetic Aperture Radar market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Lockheed Martin Corporation, Airbus SE, Aselsan A.S., BAE Systems Plc, Cobham Plc (Advent), General Atomics Aeronautical Systems Inc., L3Harris Technologies, IMSAR LLC, Israel Aerospace Industries Ltd, Leonardo SpA, Maxar Technologies Ltd, MetaSensing Group, Northrop Grumman Corporation, Raytheon Company, Saab AB, SAR AERO, SRC Inc., Thales Group |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Synthetic Aperture Radar Market from 2021 to 2030.
- Market Forecast for Synthetic Aperture Radar Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Synthetic Aperture Radar competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Synthetic Aperture Radar
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Synthetic Aperture Radar market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Synthetic Aperture Radar market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Lockheed Martin Corporation, Airbus SE, Aselsan A.S., BAE Systems Plc, Cobham Plc (Advent), General Atomics Aeronautical Systems Inc., L3Harris Technologies, IMSAR LLC, Israel Aerospace Industries Ltd, Leonardo SpA, Maxar Technologies Ltd, MetaSensing Group, Northrop Grumman Corporation, Raytheon Company, Saab AB, SAR AERO, SRC Inc., Thales Group
Primary Target Market
- Market Players of Synthetic Aperture Radar
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Synthetic Aperture Radar market based on the below-mentioned segments:
Global Synthetic Aperture Radar Market, By Component
- Receiver
- Transmitter
- Antenna
Global Synthetic Aperture Radar market, By Application
- Military and Defense
- Monitoring and Exploration
Global Synthetic Aperture Radar market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive synthetic aperture radar market market research and competitor analysis for your business to help you develop more profound insights into the synthetic aperture radar market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the synthetic aperture radar market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.