The global demand for Synthetic Aperture Radar Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Synthetic aperture radar (SAR) is a microwave-based remote sensing technology used to create 2D images or 3D reconstruction of landscapes. It is mostly airborne or space-borne and can produce high-resolution images. This technology can perform remote sensing activities irrespective of the weather patterns and lighting conditions. SAR can be used to monitor vast areas over a short period. The various applications of SAR include topography, oceanography, glaciology, geology, and forestry. It can also be used to monitor civil infrastructure facilities, military surveillance, etc. SAR data can also help analyze a great deal in archaeological excavation both on earth and other planets.
Rapid technological and organizational changes in the surveillance sector are the main driver for the growth of the SAR market. The occurrence of frequent terror attacks and the increasing need for cross-border securitization will boost market growth. Growing investments by agencies like NASA and ISRO in the research and development activities of space-based SAR satellites will be a market booster. The rising demand for SAR in crop monitoring, mineral exploration, forest fire, oil spill, and biological water monitoring will further propel market growth. Lack of awareness, technical limitations, and high costs associated with this technology will be the main constraints hampering the SAR market’s growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of synthetic aperture radar.
The entire synthetic aperture radar market has been sub-categorized into component, mode, platform and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Unmanned Aerial Vehicle (UAV)
This section covers regional segmentation which accentuates on current and future demand for synthetic aperture radar market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Synthetic Aperture Radar Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the synthetic aperture radar market include Northrop Grumman Corporation, Lockheed Martin Corporation, Raytheon Company, Israel Aerospace Industries Ltd., Thales Group, Saab AB, BAE Systems plc, Cobham plc, Harris Corporation, Leonardo S.p.a. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.