Synthetic Aperture Radar Market to exceed US$ 12.32 billion by 2030

    Published on 08-Feb-2024
         Request For Sample

    Report : Synthetic Aperture Radar Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Receiver, Transmitter, and Antenna), Frequency Band (X Band, L Band, C Band, S Band, and Others), Application (Commercial and Defense), Platform (Ground and Airborne), Mode (Single and Multi), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)

    According to the new research report on "Synthetic Aperture Radar Market Size and Forecast (2020-2030), Global and Regional Share, Trends, and Growth Opportunity Analysis," published by The Insight Partners, the market is expected to be US$ 12.32 billion by 2030 at a CAGR of 11.2% from 2022 to 2030.

    The global synthetic aperture radar market size is projected to exhibit a notable growth rate during the forecast period of 2022 to 2030. SAR systems are valuable in environmental monitoring and natural resource management. SAR imagery provides detailed data about the Earth's surface, enabling scientists and policymakers to understand our changing environment better. SAR can be used to assess and respond to climate change, ecosystem loss, natural disasters, and more. For instance, SAR can help distinguish different types of floods, monitor urban growth, and assess the stability of civil infrastructure such as bridges.

    The increasing availability and advancements in SAR satellite systems have also contributed to the growing demand for SAR technology. For instance, the NASA-ISRO SAR Mission (NISAR) is a global SAR mission that provides data for studying hazards, changes in glaciers and ice sheets, and global environmental change. Private companies such as ICEYE are also playing a role in making SAR more widely available and accessible. According to industry reports, venture capital investment in space technology was recorded to be ~US$ 14.5 billion in 2021. Thus, the increasing demand for Earth observation and remote sensing capabilities drives the synthetic aperture radar market.

    Geographically, the synthetic aperture radar market report is primarily divided into North America (the US, Canada, and Mexico), Europe (Russia, the UK, Germany, France, Italy, and the Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and the Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America). In Europe, France's synthetic aperture radar market analysis is poised for substantial growth owing to various reasons. Firstly, the increasing reliance on digitalization and technology in business operations has propelled the demand for synthetic aperture radar systems in France.

    France's proficiency in the aerospace & defense sectors, combined with its emphasis on technological progress, positions it as a potential contributor to the global market. With its established expertise in these industries, France is well-equipped to make significant advancements in SAR technology and potentially play a key role in shaping the future of the synthetic aperture radar market worldwide. France holds a prominent position in the synthetic aperture radar (SAR) market, owing to the presence of Thales Group, a leading provider of SAR systems and solutions. Thales Group offers a diverse portfolio of SAR products, including the I-Master, a compact and lightweight SAR/GMTI payload designed for tactical unmanned aerial vehicles (UAVs). Additionally, they provide the SAR-Lupe, a constellation of five SAR satellites serving the German Ministry of Defense. Hence, all the above factors are fueling the synthetic aperture radar market in France.

    Key Findings of Study:

    Based on frequency band, the synthetic aperture radar market report is segmented into X-band, L-band, C-band, S-band, and others. The X band segment dominated the synthetic aperture radar market share in 2022. band synthetic aperture radar (SAR) systems have revolutionized the field of remote sensing and imaging with their exceptional capabilities and versatility. Operating in the frequency range of ~8 to 12 GHz, X-band SAR systems offer a unique blend of high-resolution imaging, detailed target recognition, and all-weather performance. One of the key advantages of X-band SAR systems is their ability to provide exquisite spatial resolution. With wavelengths ranging from 2.5 cm to 3.75 cm, these systems can capture fine details and discern intricate features with exceptional clarity. This high-resolution imaging capability makes X-band SAR systems ideal for applications that demand precise target identification, such as reconnaissance, surveillance, and intelligence gathering. Hence, because of all the above benefits, the online segment is increasing, thereby driving the synthetic aperture radar market growth.

    Contact Us

    Contact Person: Sameer Joshi

    Phone: +1-646-491-9876

    Email Id: sales@premiummarketinsights.com

    Get Free Sample PDF

    Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

    Have a Question?


    Recent Posts