Global Synthetic Aperture Radar Market was valued at US$ 2.5 Billion in 2017 and is projected to reach US$ 4.5 Billion by 2026 at a CAGR of roughly 5.45% during a forecast year.
The global synthetic aperture radar market is segmented by radar type, frequency band, application, mode and region. Based on radar type, the global synthetic aperture radar market can be categorized into airborne weather radar and space weather radar. In terms of application, the global synthetic aperture radar market is categorized into defense, public safety, environmental monitoring, and commercial exploration of natural resources. By region, the global synthetic aperture radar market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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The increasing placement of space radar due to the long range propagation characteristics of radar signals and the complex evidence distribution capability of modern digital electronics to deliver high resolution images is driving the growth of the global synthetic radar market opening. However, the high initial cost is hampering the growth of the global Synthetic Aperture Radar market.
Global Synthetic Aperture Radar Market
Space-based Synthetic Aperture Radar is expected to continue to dominate the global Synthetic Aperture Radar market. Services in the space-based Synthetic Aperture Radar segment offer microwave illuminators and operating frequencies that render sensor imagery immune to hostile weather conditions.
Synthetic Aperture Radar is used for substantial applications such as aircraft and satellites which prove instrumental in tracking missiles and translating images of territory and targets under airborne vehicles. It is estimated that defense based applications will get the highest market share during the forecast period.
North America led the Synthetic Aperture Radar market share owing to increased demand for radar systems in surveillance activities. In buildup, the US military is exchanging its legacy radars for advanced synthetic aperture radars, helping to accelerate the evolution of the synthetic aperture radar market in the region.
Key Companies profiled, analyzed and referenced in the Global Synthetic Aperture Radar Market report are Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Thales Group Airbus Defense and Space, Lockheed Martin, Israel Aerospace Industries, SSTL, MDA Information Systems, Raytheon and Sandia National Laboratories, ASELSAN AS, BAE Systems, Cobham PLC, General Atomics Aeronautical Systems Inc., Harris Corporation, IMSAR LLC, Leonardo SpA, Maxar Technologies Ltd, Meta Sensing Group, Northrop Grumman Corporation, Saab AB, SAR AERO and SRC Inc.
Report Scope for Global Synthetic Aperture Radar Market:
Global Synthetic Aperture Radar Market, By Radar Type
• Airborne radar
• Space radar
Global Synthetic Aperture Radar Market, By Frequency Band
• Band X
• L-band
• C-band
• S-band
Global Synthetic Aperture Radar Market, By Application
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• Defense
• Public safety
• Environmental monitoring
• Commercial
• Exploration of natural resources
Global Synthetic Aperture Radar Market, By Mode
• Multimode
• Single Mode
Global Synthetic Aperture Radar Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East
• Latin America
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Key Players of the Global Synthetic Aperture Radar Market
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Raytheon Company
• Thales Group
• Airbus Defense and Space
• Lockheed Martin
• Israeli Aerospace Industries
• SSTL
• MDA information systems
• Sandia National Laboratories
• ASELSAN AS
• BAE systems
• Cobham PLC
• General Atomics Aircraft Systems Inc.
• Harris Corporation
• IMSAR LLC
• Leonardo SpA
• Maxar Technologies Ltd.
• Meta-detection group
• Northrop Grumman Corporation,
• Saab AB
• SAR AERO
• CBC Inc.