Apr 13, 2023   SOURCE: BusinessWire

Synthetic Aperture Radar Global Market Report 2023: Increasing Demand from Military and Defense Industries Fuels Growth - ResearchAndMarkets.com

The "Synthetic Aperture Radar Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023 To 2031" report has been added to ResearchAndMarkets.com's offering.

Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top-down and bottom-up approaches for validation of market estimation assures logical, methodical, and mathematical consistency of the quantitative data.

Synthetic aperture radar offers fine resolution compared to conventional beam scanning systems. Synthetic aperture radar is typically used onboard moving platforms such as military aircraft or spacecraft. Increasing investment in surveillance and other defense is the major factor for synthetic aperture radar market growth.

In defense, synthetic aperture radar enables one to detect of missile sites as well as to map the territory of the opponent to plan further operations. Synthetic aperture radar attached to military aircraft offers an easy collection of crucial information to resolve situational problems such as sudden changes in climate, disaster management, resource monitoring, and a few others.

On the other hand, with escalating demand for multipurpose satellite imagery, and earth scanning applications, the need for change in conventional disaster detection methods is constantly increasing. These factors are showing great potential for the synthetic aperture radar market.

Seawater motion signatures imaging is one of the most vital and traditional applications of synthetic aperture radar; whereas, the digital elevation model is among the emerging applications. In 2010, data from the synthetic aperture radar of a satellite named Cassini was used to produce a digital model of the hydrocarbon lake on Titan. Furthermore, synthetic aperture radar is finding new applications including shipping & transportation, agriculture, natural resources, and others. With advancements in radar technology, geosynchronous synthetic aperture radar has been developed that is used to inspect areas under rapidly moving format. Applications such as atmospheric phase measurement, ground motions & geo hazards monitoring and others are going to gain traction due to geosynchronous SAR. Such vital applications of this advancement make it important for the future development of the synthetic aperture radar market.

North America is the most prominent geographic region for the synthetic aperture radar market. Heavy expenditure on defense and surveillance systems along with prolonged penetration of synthetic aperture radar are major factors responsible for market growth. Nevertheless, growing scientific research operations and defense budget in the Asia Pacific region are showing significant potential for the synthetic aperture radar market.

DRIVER

Increasing demand for synthetic aperture radar from the military and defense sector

OPPORTUNITY

Rising development of dual-band synthetic aperture radars

RESTRAINT

The cost involved in the development of a synthetic aperture radar

Key Players Identified in Synthetic Aperture Radar Market include but are not limited to:

Israel Aerospace Industries (IAI), Northrop Grumman Corporation, Airbus S.A.S, Raytheon Technologies Corporation, Leonardo S.p.A, MDA Corporation, Capella Space, and Others.

Market Segmentation

Platform

  • Ground-based
  • Airborne

Mode

  • Single-Mode
  • Multi-Mode

Frequency Band

  • X Band
  • L Band
  • C Band
  • S Band
  • VHF/UHF Band
  • K/Ku/Ka band

Applications

  • Aerospace & Defense
  • Energy
  • Scientific Research
  • Others (Agriculture, Transportation, Natural Resources, Public Safety, and Others)

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Synthetic Aperture Radar market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2031.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Synthetic Aperture Radar market?
  • Which is the largest regional market for Synthetic Aperture Radar market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Synthetic Aperture Radar market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Synthetic Aperture Radar market worldwide?

Key Topics Covered:

1. Preface

2. Executive Summary

3. Synthetic Aperture Radar Market: Competitive Analysis

4. Synthetic Aperture Radar Market: Macro Analysis & Market Dynamics

5. Synthetic Aperture Radar Market: By Platform, 2021-2031, USD (Million)

6. Synthetic Aperture Radar Market: By Mode, 2021-2031, USD (Million)

7. Synthetic Aperture Radar Market: By Frequency Band, 2021-2031, USD (Million)

8. Synthetic Aperture Radar Market: By Applications, 2021-2031, USD (Million)

9. North America Synthetic Aperture Radar Market, 2021-2031, USD (Million)

10. UK and European Union Synthetic Aperture Radar Market, 2021-2031, USD (Million)

11. Asia Pacific Synthetic Aperture Radar Market, 2021-2031, USD (Million)

12. Latin America Synthetic Aperture Radar Market, 2021-2031, USD (Million)

13. Middle East and Africa Synthetic Aperture Radar Market, 2021-2031, USD (Million)

14. Company Profile

Companies Mentioned

  • Israel Aerospace Industries (IAI)
  • Northrop Grumman Corporation
  • Airbus S.A.S
  • Raytheon Technologies Corporation
  • Leonardo S.p.A
  • MDA Corporation
  • Capella Space

For more information about this report visit https://www.researchandmarkets.com/r/8xj5uh

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