Synthetic Aperture Radar Market estimated to grow at a CAGR of 12.2% in the fore

Posted by Stratview Research on December 12th, 2019

Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Synthetic Aperture Radar Market is expected to inflate at a CAGR of 12.2% by the forecast period (2020 – 2025).

Synthetic Aperture Radar Market - Snapshot

Growth

12.2% for the next five years

Major Platform Type

Airborne

Dominant Mode Type

Multimode

Region with the highest demand

North America

Key Players

ASELSAN A.?, BAE Systems plc, Cobham PLC, Harris Corporation, Leonardo S.P.A., Northrop Grumman Corporation, The Raytheon Company, Thales Group, Israel Aerospace Industries Ltd., and Saab AB.

Highlights of the Report:

Based on the platform type, the market is segmented as airborne and ground. The airborne segment is estimated to witness a higher growth during the forecast period. Manufacturers of airborne synthetic aperture radars are taking enormous efforts to develop specialized airborne synthetic aperture radars for Unmanned Aerial Vehicles (UAVs), as the use of airborne synthetic aperture radars in UAVs empowers easy data collection of fast-changing terrains, such as snow slopes and active volcanoes.

Based on the mode type, the market is segmented as single mode and multimode. The multimode segment led the market in 2018, and is expected to remain dominant during the forecast period. Synthetic aperture radars employing multimode are in high demand, owing to their ability to capture images based on various application requirements.

Based on the frequency band type, the market is segmented as X band, C band, S band, L band, VHF/UHF band, K/Ku/Ka band, and others. A frequency band is an interval at which a specific radar transmits a signal. These frequency bands are differentiated based on their wavelength, which ranges from 0 GHz to 40 GHz. Radio frequency waves are transmitted through antennas into the space that are, further, reflected from the target.  

In terms of regions, the North American region dominated the market in 2018, as various leading manufacturers of synthetic aperture radars, such as Lockheed Martin Corporation (US), Raytheon Company (US), Northrop Grumman Corporation (US), etc., have their headquarters in North America. The North American region is estimated to maintain its dominance during the forecast period. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.  

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Key Players of the Market

Some of the major players in the synthetic aperture radar market are ASELSAN A.?, BAE Systems plc, Cobham PLC, Harris Corporation, Leonardo S.P.A., Northrop Grumman Corporation, The Raytheon Company, Thales Group, Israel Aerospace Industries Ltd., and Saab AB.

Features of the Report

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.Here are the key features of the report:

  • Strategic Segmentation
  • Competitive Analysis
  • Strategic Growth Opportunities
  • Swot Analysis
  • Key Players
  • Forecast Analysis & Future Growth

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