Synthetic Aperture Radar Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2028

Published Date : Dec 2020 | No. of Pages : 250 Pages | Category : ICT

The global Synthetic Aperture Radar market size is expected to be worth around US$ 4.97 billion by 2028, according to a new report by Vision Research Reports.

The global Synthetic Aperture Radar market size was valued at US$ 2.22 billion in 2020 and is anticipated to grow at a CAGR of 10.8% during forecast period 2021 to 2028.

Growth Factors

Synthetic aperture radar (SAR) uses a remote sensing technique that generates high-resolution images and can be used for earth observation and surveillance operations. The synthetic aperture of SAR operates at various frequencies and modes, which enable it to take pictures through cloud covers, inclement weathers, and during the day and night. Synthetic aperture radar is compact and light in weight compared to the conventional radars, which is expected to increase the adoption of these devices for space satellite missions and thereby drive the market.

Over the years, SAR has been widely used for military operations, whereas it has also gained prominence in the commercial sector recently. The advanced synthetic aperture technology makes it possible to detect and capture natural disasters, infrastructure damages, archeological artifacts, snow mapping, biomass and vegetation, and oil spillages in oceans, among others. The growing need for tracking and detecting movement, mapping troops, and gathering intelligence data is expected to increase the adoption of these systems in the military operations. Furthermore, synthetic aperture radars can be integrated with  (UAV’s) and rising usage of UAV for tactical and surveillance purposes is expected to bolster the demand for SAR systems in the market.

Report Highlights

The single frequency segment dominated the market with a share of 82.6% in 2019. This high share is attributed to the simple operation and its ability to monitor areas over specialized wavelengths. Over the years, the single frequency SAR has been deployed on the airborne and ground systems as it provides a cost effective and lightweight solution for earth observation purpose. The multi-frequency SAR has been witnessing steady growth owing to its ability to monitor and capture images for various applications at required frequencies. Besides, having a better penetration ability through cloud covers and inclement weather, the deployment of multi-frequency systems has been limited to space-based SAR due to its high cost and large size.

The airborne segment dominated the market with a share of 83.4% in 2019. This high share is attributed to airborne systems' capability to scan and capture larger areas compared to ground-based SAR. Synthetic aperture radars are deployed on three platforms under the airborne segment, namely spacecraft, aircraft, and  (UAV). The aircraft platform holds the largest market share owing to the increased demand for surveillance activities in the defense sector. The UAV segment is expected to exhibit the highest growth rate due to its increasing demand in commercial as well as military operations and lower deployment costs of SAR systems.

The multi-mode segment dominated the market with a share of 72.6% in 2019. This high share is attributed to the wide adoption of SAR operating with different modes to harness each mode's characteristics. SAR mainly operates with three different operating modes, namely ScanSAR, stripmap, and spotlight mode. The most fundamental mode used is stripmap, which possesses a narrow swath width. It is focussed on a single area and is suitable for monitoring applications like agriculture, mining, urban sites, illegal activities, and coastal areas. ScanSAR mode provides extensive area coverage and provides images of wider swaths, while spotlight mode is used for detecting changes in a congested environment in urban areas.

The defense segment dominated the market with a share of 53.6% in 2019. This is attributed to the growing number of surveillance activities, such as tracking and mapping enemy troop movements, spying, and intelligence data gathering, which has increased the adoption of SAR for military purposes. Furthermore, governments have increased military spending to develop and integrate missiles along with SAR, which will improve the targeting and pointing accuracy of the missile. The usage of SAR has added a new dimension to reconnaissance. It led to the development of technologies like foliage penetration and ground moving target indication, which is expected to increase the adoption of these systems in military operations.

North America dominated the market with a share of 32.3% in 2019. This is attributed to the presence of a significant number of synthetic aperture radar manufacturers and growing military spending for up-gradation of current detection systems in the region. Besides, the collaboration between the U.S. Department of Defense (DOD) and the National Aeronautics and Space Administration (NASA) has increased the investment in the space-based SAR satellite projects. Europe is expected to witness steady growth during the forecast period with the scheduled launch of BIOMASS, earth observation satellite by the European Space Agency (ESA) in 2021.

Key Players

  • Israel Aerospace Industries (IAI)

  • Northrop Grumman Corporation

  • Airbus S.A.S

  • Raytheon Technologies Corporation

  • Leonardo S.p.A

  • MDA Corporation

  • Capella Space

Market Segmentation

  • Frequency Outlook

    • Single

      • X

      • L

      • C

      • Others

    • Multiple

  • Platform Outlook

    • Ground

    • Airborne

      • Spacecraft

      • Aircraft

      • UAV

  • Mode Outlook

    • Single

      • ScanSAR

      • Stripmap

      • Spotlight

    • Multi

  • Application Outlook 

    • Commercial

    • Defense

  • Regional Outlook

    • North America

      • The U.S.

      • Canada

    • Europe

      • The U.K.

      • Germany

      • France

      • Italy

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

    • Latin America

      • Brazil

      • Mexico

    • Middle East & Africa

The Synthetic Aperture Radar market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Synthetic Aperture Radar market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Synthetic Aperture Radar market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Synthetic Aperture Radar market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Synthetic Aperture Radar market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Synthetic Aperture Radar capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Synthetic Aperture Radar by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Synthetic Aperture Radar market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Synthetic Aperture Radar market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Synthetic Aperture Radar market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Synthetic Aperture Radar industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Synthetic Aperture Radar market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Synthetic Aperture Radar market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Synthetic Aperture Radar market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Synthetic Aperture Radar market. These factors have benefited the growth of the global market for Synthetic Aperture Radar. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Synthetic Aperture Radar. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Synthetic Aperture Radar are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2020
  • Forecast Year 2021 to 2028

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2028);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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