Market Research Report
Synthetic Aperture Radar (SAR) Market Size By Frequency Band (Single-frequency Band, Multi-frequency Band), Component, Application, End-use, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020-2026
|Synthetic Aperture Radar (SAR) Market Size By Frequency Band (Single-frequency Band, Multi-frequency Band), Component, Application, End-use, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020-2026|
Published: December 3, 2020
Global Market Insights Inc.
Content info: 300 Pages
Delivery time: 2-3 business days
Synthetic Aperture Radar (SAR)
Market Size By Frequency Band (Single-frequency Band [X Band, C Band, L Band, K/Ku/Ka Band], Multi-frequency Band), By Component (Receiver, Transmitter, Antenna), By Application (Spacecraft, Aircraft, UAV), By End-use (Research & Commercial Applications [Public, Safety, Environmental Monitoring, Natural Exploration], Defense), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026.
The synthetic aperture radar market is anticipated to witness a lucrative growth trend over the forthcoming years due to growing product applications in UAVs, to provide real-time high-resolution imagery, and rising use for earth observation and disaster management purposes. Increasing number of collaborations between defense sector, space agencies, and prominent industry player will also support the market growth in upcoming years.
Synthetic aperture radar is known as an essential technique, mainly used to produce high-resolution images from a resolution-restricted radar system. SAR is known to be one of the evolving technologies in remote sensing. In other words, SAR is a technique of creating images utilizing radio waves. The radio waves used in synthetic aperture radar range nearly from 3cm to one or two meters in wavelength, which is considered longer than the visible light wavelength, utilized in making optical images.
SAR technology has provided important information to environmentalists regarding oil spill boundaries on water, targeting and reconnaissance information to military operations, ice hazard and sea state maps to navigators, mineral exploration information to geologists.
The synthetic aperture radar market is bifurcated in terms of frequency band, component, application, end-use, and regional landscape.
With respect to frequency band, the SAR market is divided into multi-frequency band and single-frequency band. The single-frequency band is further categorized into K/Ku/Ka Band, L Band, S Band, C Band, and X band. Among these, S band segment will witness a steadily growing market share owing to increasing usage on airports to control & monitor air traffic.
Based on component, the synthetic aperture radar market is classified into antenna, transmitter, and receiver. Among these, the transmitter segment is likely to witness a respectable CAGR of around 7.5% over the forecast time period. This anticipated growth is ascribed to the growing application scope of UAVs to provide real-time high-resolution imagery.
With respect to application, the synthetic aperture radar market is bifurcated into UAV, aircraft, and spacecraft. Among these ,the spacecraft segment is slated to grow at an unprecedented rate. Expanding market share driven by increasing number of collaborations between defense sector, space agencies and prominent industry players is expected to drive the spacecraft application segment over the coming years.
In terms of end-use, the overall synthetic aperture radar market is segmented into defense, and research & commercial application. Among these, research & commercial application segment is further classified into natural resource exploration, environment monitoring, and public safety. Rising demand for SARs for earth observation and disaster management purposes is contributing to the growth of environment monitoring segment.
From a regional frame of reference, synthetic aperture radar market in Latin America will witness substantial growth over the coming years. High focus of countries including Mexico and Brazil to enhance their military & defense competencies with SAR technologies will enhance the regional market share in the years to come.