Synthetic Aperture Radar Market Size to Reach USD 5.51 Billion in 2028 | Increasing Adoption of Space-Based Radar Systems and Defense Spending are Among Some Key Factors Driving Industry Demand, according to Emergen Research

VANCOUVER, BC, Jan. 10, 2022 /PRNewswire/ -- The global synthetic aperture radar market size was USD 2.44 Billion in 2020 and is expected to register a CAGR of 10.7% over the forecast period. Advancements of various space programs and increase in number of satellite launches are some key factors fueling revenue growth of the global synthetic aperture radar market.

Drivers: Improved surveillance activities

Synthetic aperture radar instruments have several applications in surveillance activities. Multi-channel synthetic aperture radar instruments facilitate improved surveillance capabilities. This instrument offers high-resolution data, which helps in wide area surveillance in varying weather conditions. Furthermore, synthetic aperture radar does not depend on sunlight to accumulate surface data, and this feature enables synthetic aperture radar satellites to perform well in day and night. 

Free Sample PDF Copy of the Report Available@ https://www.emergenresearch.com/request-sample/888

Restraints: High development cost

High cost of synthetic aperture radar systems is expected to restraint market growth. Satellites equipped with synthetic aperture radar systems are required to install sensitive components, and therefore, development of these satellites is more expensive compared to conventional satellites. Furthermore, adoption of advanced remote sensors and radar modules increases development costs of synthetic aperture radar systems, which is hampering market growth.

Growth Projections

The global synthetic aperture radar market size is expected to reach USD 5.51 Billion in 2028 and register a revenue CAGR of 10.7% over the forecast period. Rising investment in Research and Development (R&D) in defense and military sector is driving synthetic aperture radar market revenue growth.

COVID-19 Direct Impact

The COVID-19 pandemic has significantly affected synthetic aperture radar market growth. Global business shutdowns and lockdowns hampered manufacturing processes and transportation, which further disrupted supply chains. COVID-19 led to slowdown in investment activities, which also hampered growth of the synthetic aperture radar market.

Current Trends and Innovations

SENTINEL-1 Synthetic Aperture Radar (SAR) instrument is a single C-band SAR that operates at 5.405 GHz center frequency. It has capacity to store 1410 Gb of data, and its antenna provides fast scanning. In addition, it has 520 Mbit/s X-band downlink capability. SENTINEL-1 performs in several ways, such as Strip Map (SM), Interferometric Wide (IW) swath, Extra Wide (EW) swath, and Wave Mode (WM). This instrument assists dual polarization, which is convenient for sea-ice applications, and covers classification.

Special New Year Discount Available on Synthetic Aperture Radar market report@ https://www.emergenresearch.com/request-discount/888

Geographical Outlook

Asia Pacific synthetic aperture radar market accounted major part in terms of revenue share in 2020. Increasing need to enhance border security and surveillance is market growth. Governments of developing countries in Middle East, Africa, and South America are increasingly investing in surveillance, and Unmanned Aerial Vehicles (UAVs), which is driving global synthetic aperture radar market growth.

Strategic Initiatives

In January 2020, Advent International, which is a U.S.-based private equity investor, acquired Cobham PLC, which is a British aerospace manufacturing company, for USD 5.40 billion. London Stock Exchange delisted Cobham's shares after the transaction. This acquisition obtained approval from several countries such as France, U.K., U.S., Australia, and Finland.         

Some Key Highlights From the Report

• Antenna segment is expected to register fastest growth rate during the forecast period owing to benefits such as increased signal strength, high gain, and reduced power wastage. Antenna acts as a transducer and aids in navigation and monitoring. In addition, increasing adoption of antennas for aircraft and spacecraft is fueling revenue growth of this segment.
• Defense segment revenue is expected to register steady growth rate during the forecast period. Synthetic aperture radar has capability to detect surface features and topographical features of surrounding terrain. It finds several applications in defense sector for monitoring battlefields and weapon guidance. In addition, rising investment in military and defense sectors is boosting growth of this segment.
• Some major companies in the global market report include Northern Private Capital, Inc., Raytheon Technologies Corporation, Airbus, Lockheed Martin Corporation, Thales Group, Israel Aerospace Industries, L3Harris Technologies, Inc., BAE Systems plc, Leonardo S.p.A, and Saab AB.

Have a look at Report Description and Table of Contents of Market Report@ https://www.emergenresearch.com/industry-report/synthetic-aperture-radar-market

Emergen Research has segmented the global synthetic aperture radar market on the basis of component, platform, frequency band, application, mode, and region:

• Component Outlook (Revenue, USD Billion; 2018–2028)
• Receiver
• Transmitter
• Antenna
• Platform Outlook (Revenue, USD Billion; 2018–2028)
• Airborne
• Ground
• Frequency Band Outlook (Revenue, USD Billion; 2018–2028)
• X Band
• L Band
• C Band
• S Band
• K, Ku, Ka Band
• UHF / VHF Band
• Others
• Application Outlook (Revenue, USD Billion; 2018–2028)
• Defense
• Commercial
• Mode Outlook (Revenue, USD Billion; 2018–2028)
• Multi-Mode
• Single Mode

Buy Your Exclusive Copy@ https://www.emergenresearch.com/select-license/888

• ·  Regional Outlook (Revenue, USD Billion; 2018–2028)
• o  North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• BENELUX
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• South Korea
• Rest of APAC
• Latin America
• Brazil
• Rest of LATAM
• Middle East & Africa
• Saudi Arabia
• UAE
• Israel
• Rest Of MEA

Explore Related Reports by Emergen Research:

The global clinical trial software market size reached USD 900.3 Million in 2020 and is expected to reach USD 2,862.0 Million in 2028 registering a CAGR of 15.6%. CTMS industry report classifies global market by share, trend, growth and on the basis of deployment, delivery, end-use, and region.

The global CRISPR/CAS 9 technology market size is expected to reach USD 6,221 Million in 2028 and registering a CAGR of 20.4%. CRISPR-CAS 9 Technology industry report classifies global market by share, trend, growth and on the basis of product & service, application, end-use, and region.

The global AI-based clinical trials solution provider market size reached USD 1.24 Billion in 2020 and is expected to reach USD 5.86 Billion in 2028 registering a CAGR of 21.5%. Artificial Intelligence based Clinical Trials Solution Provider industry report classifies global market by share, trend, growth and on the basis of clinical trial phase, therapeutic application, end-use, and region.

The global functional ingredients market size reached USD 67.94 Billion in 2020 and is expected to reach USD 109.22 Billion in 2028 registering a CAGR of 6.3%. Functional ingredients industry report classifies global market by share, trend, growth and on the basis of product, source, application, and region.

The global emulsifiers market size was USD 7.99 Billion in 2020 and is expected to reach USD 13.08 Billion in 2028 registering a CAGR of 6.3%. Emulsifiers industry report classifies global market by share, trend, growth and on the basis of product type, distribution channel, industry vertical, and region.

The global personalized therapy biosimulation market size reached USD 1,061.7 Million in 2020 and is expected to reach USD 3,164.1 Million in 2028 registering a CAGR of 14.6%. Personalized therapy biosimulation industry report classifies global market by share, trend, growth and on the basis of product, therapeutic area, application, end-use, and region.

About Emergen Research 

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend's existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com 
Direct Line: +1 (604) 757-9756
E-mail: [email protected] 
Visit for More Insights: https://www.emergenresearch.com/insights 
Explore Our Custom Intelligence services | Growth Consulting Services 
Read Full Press Release@ https://www.emergenresearch.com/press-release/global-synthetic-aperture-radar-market

Logo: https://mma.prnewswire.com/media/1579538/Emergen_Research_Logo.jpg