Friday, October 16, 2020

Synthetic Aperture Radar Market Size Is Estimated To Reach $4.98 Billion By 2027

The global synthetic aperture radar market size is anticipated to reach USD 4.98 billion by 2027, expanding at a CAGR of 10.7% from 2020 to 2027, according to a study conducted by Grand View Research, Inc. 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 unmanned aerial vehicles (UAV’s) and rising usage of UAV for tactical and surveillance purposes is expected to bolster the demand for SAR systems in the market.

The data retrieved from synthetic aperture radar involves using several pre-processing steps and requires a separate software from the service provider to process the data. It may include steps like de-bursting, radiometric calibration, terrain correction, applying the orbit file, and speckle filtering depending on the type of analysis. This tedious process to work with the SAR data is expected to limit market growth. However, the processed images and retrieved data provide a detailed and clear picture of the mapped objects, which is anticipated to drive the market over the forecast period.

Full Research Report On Synthetic Aperture Radar Market Visit Here: https://www.grandviewresearch.com/industry-analysis/synthetic-aperture-radar-market

Synthetic Aperture Radar Market Report Highlights

  • The growing need for public safety, natural resource exploration, and environmental monitoring has propelled investment from government and independent organizations in the synthetic aperture radar systems industry, thus driving the commercial application segment
  • Asia Pacific is anticipated to expand at the highest CAGR of 14.1% over the forecast period owing to an increase in spending on military missions. The Asia Pacific region is expected to launch satellites in the future, thereby resulting in market growth. For example, the National Aeronautics and Space Administration (NASA) and The Indian Space Research Organization (ISRO) have projected the launch of a dual-frequency synthetic aperture radar NISAR in 2022
  • Key market players operating in the market are focused on forming partnerships with government and other organizations to accommodate important projects and gain competitive advantage. For instance, in June 2019, ICEYE and Asia Pacific Satellite, Inc. entered a strategic alliance to extend ICEYE’s SAR data purchase in South Korea.

Request a Sample Copy of the Report @ https://www.grandviewresearch.com/industry-analysis/synthetic-aperture-radar-market/request/rs1

Synthetic Aperture Radar Market Segmentation

Grand View Research has segmented the global Synthetic Aperture Radar Market based on frequency, platform, mode, application, and region:

Synthetic Aperture Radar Frequency Outlook (Revenue, USD Million, 2016 - 2027)

  • Single
    • X
    • L
    • C
    • Others
  • Multi

Synthetic Aperture Radar Platform Outlook (Revenue, USD Million, 2016 - 2027)

  • Ground
  • Airborne
    • Spacecraft
    • Aircraft
    • UAV

Synthetic Aperture Radar Mode Outlook (Revenue, USD Million, 2016 - 2027)

  • Single
    • ScanSAR
    • Stripmap
    • Spotlight
  • Multi

Synthetic Aperture Radar Application Outlook (Revenue, USD Million, 2016 - 2027)

  • Commercial
  • Defense

Synthetic Aperture Radar Regional Outlook (Revenue, USD Million, 2016 - 2027)

  • 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

List of Key Players of Synthetic Aperture Radar Market

  • Israel Aerospace Industries (IAI)
  • Northrop Grumman Corporation
  • Airbus S.A.S
  • Raytheon Technologies Corporation
  • Leonardo S.p.A
  • MDA Corporation
  • Capella Space

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

No comments:

Post a Comment