Synthetic Aperture Radar Market Revenue, Key Companies, Growth Factors, Trends, Forecast To 2028

The synthetic aperture radar market size is expected to reach USD 5.51 Billion in 2028 and register a revenue CAGR of 10.7%. The Synthetic Aperture Radar report additionally covers the scope of individual applications and types in every region. The report additionally covers information about manufacturing and intake patterns, technological developments, revenue boom, marketplace size, market share, key trends and needs influencing market boom in the region, and robust presence of key players in the region.

Flexibility of synthetic aperture radar is driving market growth. Synthetic aperture radar satellites, and constellations have capability to capture images from several directions and viewing angles. It further enables more frequent imaging of targets with less number of satellites. Utilizing synthetic aperture radar satellites makes it possible to get detailed images, and it can accurately detect small objects such as vehicles. In addition, synthetic aperture radar has ability to identify topography and surface features in three-dimension and with high accuracy.

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Further key findings from the report suggest

In September 2020, IMSAR LLC and Primoco UAV SE successfully executed incorporation and initial flight testing of NSP-7 Synthetic Aperture Radar on the Primoco One 150 UAV. NSP-7 is a small-size, low weight, power, and cost (SWaP-C) multi-mode Ku-band radar system. This radar works in various modes such as Magnitude and Coherent Change Detection (MCD / CCD), Ground and Maritime Moving Target Indicator (GMTI / MMTI), and high resolution Synthetic Aperture Radar (SAR) imaging. Furthermore, NSP-7 system can work in day and night as well as in all types of weather conditions. In addition, it functions in low-visibility conditions also, which are caused by fog and smoke.
Multi-mode segment accounted for largest revenue share in 2020. Multi-mode has capability to capture images according to application requirements and also has ability to be used in different operating modes. Multi-mode system offers improved elevation and multiple sub-swaths to capture images. In addition, multi-mode is cost efficient. These factors are driving adoption of multi-mode systems and boosting revenue growth of this segment.
X-band segment is expected to register rapid growth rate during the forecast period owing to benefits of this type such as small size antennas and ability to detect tiny particles in radar, and equipment used in this band is less costly.
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Report Objective:

The report offers a complete analysis of the global Synthetic Aperture Radar market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. Northern Private Capital, Inc., Raytheon Technologies Corporation, Airbus, Lockheed Martin Corporation, Thales Group, Israel Aerospace Industries, L3Harris Technologies, Inc., BAE Systems plc, Leonardo S.p.A, and Saab AB. and others are some of the top companies profiled in the report.

The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

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Emergen Research has segmented the global synthetic aperture radar market on the basis of component, platform, frequency band, application, mode, and region:

Component Outlook (Revenue, USD Billion; 2018–2028)
Receiver
Transmitter
Antenna
Platform Outlook (Revenue, USD Billion; 2018–2028)
Airborne
Ground
Frequency Band Outlook (Revenue, USD Billion; 2018–2028)
X Band
L Band
C Band
S Band
K, Ku, Ka Band
UHF / VHF Band
Others
Application Outlook (Revenue, USD Billion; 2018–2028)
Defense
Commercial
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report addresses the following key points:

The report provides a forecast of market drivers, restraints, and future opportunities for the Synthetic Aperture Radar market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
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