Synthetic Aperture Radar Market (2022 to 2027) – Growth, Trends, COVID-19 Impact and Forecasts

Synthetic Aperture Radar Market was valued at US$ 3.28 Bn. in 2021. The Global Synthetic Aperture Radar Market size is estimated to grow at a CAGR of 12.5 % over the forecast period.

Synthetic Aperture Radar Market Overview:

The report explores the Synthetic Aperture Radar market's segments (Type, Interferometer Type, Application, End-User, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2020. The report investigates the Synthetic Aperture Radar market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Synthetic Aperture Radar market's contemporary competitive scenario. Synthetic Aperture Radar Market To know about the Research Methodology :- Request Free Sample Report 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.

Synthetic Aperture Radar Market Dynamics:

A key element boosting the synthetic aperture radar market is the growing use of synthetic aperture radars for proving situational awareness across the globe. In addition, the growing demand for mapping, intelligence data collection, monitoring, and detecting in the defence sector is driving the global market forward. The growing use of radars for marine and airborne surveillance is also moving the target market forward. Also, the increasing use of aerial drones for tactical operations is likely to drive the worldwide synthetic aperture radar market forward throughout the forecast period. The demand for effective surveillance and communication satellites has increased as a result of regional disputes between countries. For example, in August 2019, a Russian spy plane was detected monitoring operations in Chicago (USA). As a result of the growth in insurgencies between countries, surveillance efforts have accelerated, resulting in an increase in satellite launches. For example, in January 2020, China launched four satellites, two of which were Chinese and two of which were Argentina's. Therefore, China plans to launch 50 such satellites in 2020, up from 34 in 2019. As the demand for surveillance grows, the number of satellite launches equipped with synthetic aperture radar grows, propelling the worldwide synthetic aperture radar market forward. High development costs for customizing synthetic aperture radar to meet specific requirements, on the other hand, may limit the worldwide synthetic aperture radar market's growth. Also, the government's limited bandwidth allocation is another concern that could restrict worldwide market expansion. But, if space-based synthetic aperture radar systems become more popular and widespread, current key players in the global market may see increased income potential.

Synthetic Aperture Radar Market Trends:

Through the transmission and reception of electromagnetic (EM) signals, SAR is widely used by geologists, scientists, and researchers to remotely map and research the reflectivity of various objects or surroundings with great spatial resolution. One of the primary elements driving the use of SAR to assess changing ecological impacts is increased worries about climatic change, environmental degradation, and disaster monitoring. Aside from that, SAR technology is used in agriculture to detect surface roughness differences and optimize field ploughing, soil tillage, and crop harvesting. Also, numerous countries' governments are pushing the implementation of advanced farming practises, which is boosting market growth. SAR equipment are also gaining appeal as an alternative to traditional optical imaging technology and observation satellites since they can provide detailed information about the Earth's surfaces. In addition, due to rising geopolitical tensions and security concerns, defence organisations throughout the world are increasingly depending on SAR satellites for surveillance and precision targeting, driving the market forward. The synthetic aperture radar market is being driven by a growing need for technologies that provide situational awareness, an increase in the adoption of space-based radars, and an increase in the demand for effective surveillance and communication networks. The high development cost of synthetic aperture radar, on the other hand, is limiting the market's expansion. On the other hand, the development of dual-band synthetic aperture radars, as well as the automation and development of radars for surveillance drones and automated military vehicles, are likely to contribute to the worldwide synthetic aperture radar market's growth. The growth of the synthetic aperture radar market is being driven by the increasing use of space-based radars due to the long-range propagation characteristics of radar signals and the intricate evidence dispensation capabilities of modern digital electronics to offer high-resolution imaging. However, the global synthetic aperture radar market's growth is hampered by high beginning costs.

Synthetic Aperture Radar Market Segment Analysis:

Radar type, frequency band, application, mode, and geography are all segments of the global synthetic aperture radar market. The synthetic aperture radar market is divided into two types depending on radar type: airborne weather radar and space-based weather radar. Defense, public safety, environmental monitoring, and commercial natural resource exploration are among the applications in the synthetic aperture radar market. North America, Europe, Asia Pacific, Middle East & Africa, and Latin America are the regions in which the worldwide synthetic aperture radar market is divided. The revenue global synthetic aperture radar market is expected to continue to be dominated by space-based synthetic aperture radar. Microwave illuminators and operating frequencies are provided via space-based synthetic aperture radar segment services, allowing sensor imaging to be unaffected by adverse weather conditions. Over the forecasted period, defense-related applications are expected to have the largest market margins. Synthetic aperture radar is used in a variety of applications, including aeroplanes and satellites, to aid in the tracking of missiles and the translation of images of the surface and targets below the aerial vehicles. The multimode category, among the mode segments, is predicted to increase rapidly in terms of revenue in the global market. The commercial segment, among the application segments, is predicted to increase at a healthy rate in terms of revenue throughout the forecast period. The growing use of synthetic aperture radar in infrastructure management, agricultural, and geology applications is a factor driving this segment's growth in the global market. Synthetic Aperture Radar Market

Synthetic Aperture Radar Market Regional Insights:

North America is currently estimated to dominate the global market in terms of revenue, and it is expected to grow rapidly over the forecast period. The target market in this region is predicted to rise as a result of increased military budgets and increased investments in R&D activities in the defence sector. In addition, the growing need for surveillance radar systems is driving the synthetic aperture radar market in North America. Over the forecast period, Asia Pacific is expected to develop at the fastest rate, with China and India being the key contributors. China launched Gaofen-7, an earth observation satellite with synthetic aperture radar, in 2019, while ISRO and NASA are collaborating to launch NISAR, an earth observation satellite, in 2022. In addition, rising need for border security monitoring is likely to drive market expansion in Asia Pacific. Brazil and Argentina have been key providers to this regional industry, with Argentina launching the SAOCOM-1a satellite in 2018. SpaceX is planning to launch another satellite, SAOCOM-1b, in 2020. The objective of the report is to present a comprehensive analysis of the Synthetic Aperture Radar Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Synthetic Aperture Radar Market dynamic, and structure by analyzing the market segments and projecting the Synthetic Aperture Radar Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Synthetic Aperture Radar Market make the report investor’s guide.

Synthetic Aperture Radar Market Scope: Inquiry Before Buying

Synthetic Aperture Radar  Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US$ 3.28 Bn.
Forecast Period 2022 to 2027 CAGR: 12.5% Market Size in 2027: US$ 6.65 Bn.
Segments Covered: by Type • Airborne radar • Space based radar
by Mode • Single Mode • Multimode
by Frequency Band • X Band • L Band • C Band • S Band
by  Application • Defense • Commercial • Public Safety • Environmental Monitoring • Natural Resource Exploration

Synthetic Aperture Radar Market by Region:

• North America • Europe • Asia Pacific • Middle East and Africa • Latin America

Synthetic Aperture Radar Market Key Players:

• SRC Inc. • SAR AERO • Saab AB • BAE System • Harris Corporation • IMSAR LLC • SSTL • Thales Group • Leonardo SpA • ASELSAN AS • Cobham PLC • MDA Information Systems • Raytheon Company • Airbus Defence and Space • Lockheed Martin Corporation • Northrop Grumman Corporation • Israel Aerospace Industries • Sandia National Laboratories Frequently Asked Questions: 1) What is Synthetic Aperture Radar? Ans. Synthetic Aperture Radar System is a radar system that collects surface images of high- resolution, using the vehicle’s motion. 2) Which mode type is expected to remain dominant in the Synthetic Aperture Radar Market? Ans. The multimode segment is expected to remain dominant mode type in the Synthetic Aperture Radar Market during the next 6 years. 3) Which platform type is expected to witness a higher growth in the Synthetic Aperture Radar Market? Ans. The airborne segment is estimated to witness a higher growth in the Synthetic Aperture Radar Market in the coming years. 4) What are the factors driving the Synthetic Aperture Radar Market? Ans. Key factors that are driving the market growth include the rising need for situational awareness and early warnings for decision making against natural disasters and potential enemy threats. 5) What are the top players operating in the Synthetic Aperture Radar Market? Ans. The major players are Lockheed Martin, Thales, Cobham, Leonardo, Israel Aerospace, BAE System.
1. Synthetic Aperture Radar Market Size: Research Methodology 2. Synthetic Aperture Radar Market Size: Executive Summary 2.1. Market Overview and Definitions • Introduction to Synthetic Aperture Radar Market Size 2.2. Summary • Key Findings • Recommendations for Investors • Recommendations for Market Leaders • Recommendations for New Market Entry 3. Synthetic Aperture Radar Market Size: Competitive Analysis 3.1. MMR Competition Matrix • Market Structure by region • Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Synthetic Aperture Radar Market Size Segmentation 4.1. Synthetic Aperture Radar Market Size, by Type (2021-2027) • Airborne radar • Space based radar 4.2. Synthetic Aperture Radar Market Size, by Mode (2021-2027) • Single Mode • Multimode 4.3. Synthetic Aperture Radar Market Size, by Frequency Band (2021 – 2027) • X Band • L Band • C Band • S Band 4.4. Synthetic Aperture Radar Market Size, by Application (2021 – 2027) • Defense • Commercial • Public Safety • Environmental Monitoring • Natural Resource Exploration 5. North America Synthetic Aperture Radar Market (2021-2027) 5.1. North America Synthetic Aperture Radar Market Size, by Type (2021-2027) • Airborne radar • Space based radar 5.2. North America Synthetic Aperture Radar Market Size by Mode (2021-2027) • Single Mode • Multimode 5.3. North America Synthetic Aperture Radar Market, by Frequency Band (2021-2027) • X Band • L Band • C Band • S Band 5.4. North America Synthetic Aperture Radar Market, by Application (2021-2027) • Defense • Commercial • Public Safety • Environmental Monitoring • Natural Resource Exploration 5.5. North America Synthetic Aperture Radar Market , by Country (2021- 2027) • US • Canada • Mexico 6. European Synthetic Aperture Radar Market (2021-2027) 6.1. European Synthetic Aperture Radar Market, by Type (2021-2027) 6.2. European Synthetic Aperture Radar Market, by Mode(2021-2027) 6.3. European Synthetic Aperture Radar Market, by Frequency Band (2021-2027) 6.4. European Synthetic Aperture Radar Market , by Application (2021- 2027) 6.5. European Synthetic Aperture Radar Market , by Country (2021- 2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Synthetic Aperture Radar Market (2021-2027) 7.1. Asia Pacific Synthetic Aperture Radar Market, by Type2021-2027) 7.2. Asia Pacific Synthetic Aperture Radar Market, by Mode (2021-2027) 7.3. Asia Pacific Synthetic Aperture Radar Market, by Frequency Band (2021-2027) 7.4. Asia Pacific Synthetic Aperture Radar Market, by Application (2021-2027) 7.5. Asia Pacific Synthetic Aperture Radar Market, by country (2021- 2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Synthetic Aperture Radar Market (2021-2027) 8.1. Middle East and Africa Synthetic Aperture Radar Market, by Type (2021-2027) 8.2. Middle East and Africa Synthetic Aperture Radar Market, by Mode (2021-2027) 8.3. Middle East and Africa Synthetic Aperture Radar Market, by Frequency Band (2021-2027) 8.4. East and Africa Synthetic Aperture Radar Market, by Application (2021-2027) 8.5. Middle East and Africa Synthetic Aperture Radar Market, by country (2021- 2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Synthetic Aperture Radar Market (2021-2027) 9.1. South America Synthetic Aperture Radar Market, by Type (2021-2027) 9.2. South America Synthetic Aperture Radar Market, by Mode (2021-2027) 9.3. South America Synthetic Aperture Radar Market, by Frequency Band (2021-2027 9.4. South America Synthetic Aperture Radar Market, by Application (2021-2027) 9.5. South America Synthetic Aperture Radar Market, by country (2021-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. SRC Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. SAR AERO 10.3. Saab AB 10.4. BAE System 10.5. Harris Corporation 10.6. IMSAR LLC 10.7. SSTL 10.8. Thales Group 10.9. Leonardo SpA 10.10. ASELSAN AS 10.11. Cobham PLC 10.12. MDA Information Systems 10.13. Raytheon Company 10.14. Airbus Defence and Space 10.15. Lockheed Martin Corporation 10.16. Northrop Grumman Corporation 10.17. Israel Aerospace Industries 10.18. Sandia National Laboratories

About This Report

Report ID 15470
Category Electronics
Published Date Sept 2019
Updated Date May 2022
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