Synthetic Aperture Radar Market Scope and Analysis by 2030
Synthetic Aperture Radar Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 5.27 Billion |
Market Size by 2030 | US$ 12.32 Billion |
Global CAGR (2023 - 2031) | 11.2% |
Historical Data | 2020-2021 |
Forecast period | 2023-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Synthetic Aperture Radar Market News and Recent Developments
The synthetic aperture radar market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the synthetic aperture radar market are listed below:
- Israel Aerospace Industries (IAI) launched Singapore's DS-SAR radar satellite, showcasing the company's expertise in the development of observation satellites. With a track record of 35 years in creating advanced-generation satellites, including OptSat and TecSAR, IAI has leveraged its experience to create the DS-SAR satellite. This satellite features a synthetic aperture radar sensor payload, which enables the collection of extensive and high-resolution data regardless of weather conditions, day or night. The launch of DS-SAR reinforces IAI's position in the market and highlights its ability to deliver cutting-edge solutions in the field of satellite technology. (Source: Israel Aerospace Industries (IAI), Press Release, July 2023)
- BAE Systems' research and development organization, FAST Labs, was granted a US$ 14 million contract by the Defense Advanced Research Projects Agency (DARPA) for the MAX program. This partnership aims to develop cutting-edge technology that facilitates the implementation of advanced signal processing and computation on smaller military platforms. The project aligns with BAE Systems' commitment to innovation and its focus on providing state-of-the-art solutions for the defense industry. Through this collaboration, BAE Systems aims to enhance military capabilities by enabling the deployment of advanced technologies on smaller military platforms, ultimately contributing to the company's growth and success in the defense sector. (Source: BAE Systems, Press Release, August 2020)
Synthetic Aperture Radar Market Report Coverage and Deliverables
The “Synthetic Aperture Radar Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
- Synthetic aperture radar market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Synthetic aperture radar market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Synthetic aperture radar market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the synthetic aperture radar market
- Detailed company profiles