Global Synthetic Aperture Radar Market is segmented By Applications (Remote Sensing, Sea ice monitoring, Cartography, Surface deformation detection, Crop production forecasting, Forest cover mapping, Ocean wave spectra, Others (Urban planning, Coastal surveillance, Monitoring disasters)), By Components (Antenna, Transmitter, Switch, Receiver, Data recorder), By Frequency Band (Ka, K, Ku, X, C, S, L, P), By Scanning Mode (ScanSAR, Spotlight, Stripmap), By End-User (Defense, Energy, Finance, Agriculture, Infrastructure, Avionics, Exploration, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030
Synthetic Aperture Radar Market Overview
The Global Synthetic Aperture Radar Market is estimated to reach at a high CAGR during the forecast period (2023-2030).
Synthetic Aperture Radar (SAR) is an imaging technology that transmits and receives signals in the electromagnetic spectrum in order to collect data pertaining to targets and the area in which they are located. It can be used for remote sensing by mounting on a moving platform such as an aircraft or single beam-forming antenna. The synthetic aperture radar market is gaining importance in the market because of the following advantages: high resolution capability, weather independence by selecting proper frequency range, day/night imaging capability due to own illumination, complementary to optical systems, and polarization signature exploitation. The innumerous applications for synthetic aperture radar are in topography, oceanography, glaciology, agriculture, geology, forestry, moving target indication, volcano and earthquake monitoring, environment monitoring, military, surveillance and reconnaissance and various other areas.
Synthetic Aperture Radar Market Scope
|
Metrics |
Details |
|
Market CAGR |
High |
|
Segments Covered |
By Applications, By Components, By Frequency Band, By Scanning Mode, By End-User, and By Region |
|
Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
|
Fastest Growing Region |
Asia Pacific |
|
Largest Market Share |
North America |
To Know More Insights - Download Sample
Synthetic Aperture Radar Market Dynamics and Trends
The global synthetic aperture radar market growth is driven by continuus government support & investments, increasing demand of SAR for remote sensing & military surveillance and by tenchnological advancements & continuous research and developments in the field.
Continuous government support and high investments in the sector
The syntehtic aperture radar market is drvien by various government agencies working on for SAR worlwide. For example, European Space Agency has ERS-1, ERS-2, Envisat, Sentinel-1; Japan Aerospace Exploration Agency has JERS-1, ALOS-1, ALOS-2; Canadian Space Agency has Radarsat-1, Radarsat-2; Indian Space Research Organization has RISAT-1, NISAR (w/ NASA) and various other.
Moreover the government continuous encoragemnet for investing in SAR is likely to drive the market such as in 2019, the initiative taken by Canadian Space Agency (CSA) and the Canada Centre for Mapping and Earth Observation, hence making RADARSAT-1 SAR images of Earth available to researchers, industry and the public at no cost, with almost 36,500 images available through the Government of Canada's.
The market is also driven by the significant investments in the market such as ICEYE raised $87M in a Series C financing round, constellation of 3 satellites with 12 more planned in the next two years. In 2021, Capella Space’s first satellite reached orbit and further plans for 30+ more. The Japanese startup Synspective raised $100M and will launch its first satellite. PredaSAR announced $25M in funding and Umbra Lab came out of stealth for patent application for a new SAR antennae design becoming public.
High development cost associated with SAR
The synthetic aperture radar market is impacted by high development cost needed for the customization of the synthetic aperture radar. Also, the data screening process for synthetic aperture radar involves numerous processes,which is a tedious process are the major factor responsible for restraining the market growth.
Initially, there are various government regulations associated with the bandwidth. For example, the U.S. government had allocated a limit of 0.25 m on commercial data collection resolution. However, the rule has been called off. With government support and relaxation in norms, the companies are focusing on better resolution data.
COVID-19 Impact Analysis on Synthetic Aperture Radar Market
Due to the pandemic, stakeholders across the synthetic aperture radar market have seen a notable impact as all the manufacturing plants were closed worldwide. The market was also hindered by a shortage of raw materials, staff availability, launch readiness, delay halts and supply chain disruption. According to the NASA report, 2021, costs for the delays during covid are estimated at nearly $3 billion. Also, the pandemic impacted in upcoming projects such as according to the National Aeronautics and Space Administration’s (NASA) audit of COVID-19, NASA-ISRO Synthetic Aperture Radar (NISAR) is likely to face a seven-month delay, which was initially planned to launch on January 2021.
Synthetic Aperture Radar Market Segmentation Analysis
By end-user, the synthetic aperture radar market is classified into defense, exploration, construction, agriculture and others
The defense synthetic aperture radar market is expected to grow at the fastest CAGR during the forecast period (2023-2030)
The defense synthetic aperture radar is expected to hold the largest market for synthetic aperture radar market in the forecast due to effecient detection capability to detect surface & topographical features, produce images regardless of the weather or lighting conditions. The sensors can provide data on material properties, can be used to build 3D recreations of a given geographical area and ability to image large areas with fine resolution. Hence it is used for weapon guidance, mission planning for future operations, human movement, coast guard vessels, offshore missile platforms, and the establishment of perimeter security and battlefield reconnaissance.
Due to its numerous advantages, it is used in defense systems for various countries such as Capella Space signed a deal provide synthetic aperture radar to the U.S. Navy with sub-0.5 meter imagery, capable of identifying various types of aircraft or vehicles at ground level. Also, Loral Defense Systems-Arizona has also developed SAR to meet the military's need for an all-weather, day/night sensor that could produce high quality reconnaissance imagery. In 2020, Indian Space Research Organisation (ISRO) has launched Risat-2A, for surveillance purpose in militiary purposes.
Synthetic Aperture Radar Market Geographical Share
North America region holds the largest market for the global synthetic aperture radar globally
North America region holds the largest market share for the synthetic aperture radar market globally and is expected to continue its dominance in the forecast period with increasing government investments, advancement in technologies and global collaborations. There are various market dynamics such as NISAR, a joint Earth-observing mission between NASA and the Indian Space Research Organization spacecraft’s will accommodate two synthetic aperture radar instruments: NASA’s 24 cm wavelength L-band SAR and a 10 cm wavelength S-band SAR provided by ISRO.
The market has been emerging with recent launches like PredaSAR Corporation has launched a world's largest and most advanced commercial SAR satellite constellation of 48 commercial Synthetic Aperture Radar satellites across multiple orbits in 2020, to provide government and commercial clients with unprecedented image quality, global persistence, and rapid data delivery.
Moreover, Capella Space, an U.S. startup company has launched aperture radar imagery available for the commercial market with availablilty of 50cm x 50cm “Spot” making it effecient for the commercial users, hence gaining the market demand for the syntetic aperture market demand.
Synthetic Aperture Radar Companies and Competitive Landscape
The synthetic aperture radar market is consolidated with the local player’s presence followed by the global companies, contributing to the major share in the market growth. In addition, some of the key players contributing to the growth of the market are Imsar LLC, PredaSAR Coproration, Capello Space, Umbra Lab, Israel Aerospace Industries, Northrop Grumman Corporation, Airbus S.A.S, Usra Space Systems, Raytheon Technologies Corporation, Leonardo S.p.A, MDA Corporation and others. The major players are adopting various new strategies to dominate the market, such as launching new products, acquisitions and collaborations, which are contributing to the growth of the synthetic aperture radar market globally.
PredaSAR Corporation
Overview: PredaSAR Coproration is a U.S.-based company, founded in 2019, having offices in Northern Virginia, Atlanta, GA, and Boca Raton. It is an emerging satellite data provider building and operating commercial Synthetic Aperture Radar (SAR) satellite constellation.
Product Portfolio: The Company provides solutions for national defense & intelligence, maritime logistics, mapping & analysis, emergency response, business intelligence, advanced SAR solutions and others.
Key Development: In 2020, PredaSAR Corporation launched a constellation of 48 commercial Synthetic Aperture Radar (SAR) satellites across multiple orbits.
Why Purchase the Report?
- Visualize the segmentation of the synthetic aperture radar market by applications, frequency band, components, scanning mode, end-user, and region, highlighting the key commercial assets and players.
- Identify commercial opportunities in the synthetic aperture radar by analyzing trends and co-development deals.
- Excel data sheet with thousands of data points of synthetic aperture radar market-level 4/5 segmentation.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
- Product mapping in excel for the key product of all major market players
The global synthetic aperture radar market report would provide access to an approx: 77 market data table, 89 figures and 270 pages.
Target Audience
- Service Providers/ Buyers
- Industry Investors/Investment Bankers
- Education & Research Institutes
- Research Professionals
- Emerging Companies
- Manufacturers
- Distributor, Logistic company, etc.
