Wilmington, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Global Synthetic Aperture Radar Market size is valued at US$ 5.4 billion in 2023 and is predicted to rise at a substantial CAGR of 11.5% during the forecast period of 2023 and 2030 according to RationalStat analysis.
Market Definition, Market Scope, and Report Overview
The Synthetic Aperture Radar (SAR) market is driven by several factors that contribute to its growth and widespread adoption. SAR systems play a crucial role in earth observation applications, including environmental monitoring, agriculture, disaster management, and urban planning. The growing need for accurate and up-to-date information about the Earth’s surface is driving the demand for SAR technologies.
Further, SAR technology has proven to be highly valuable in military and defense applications. SAR systems provide all-weather, day-night surveillance capabilities, making them crucial for border control, maritime surveillance, target detection, and intelligence gathering. The increasing defense budgets and modernization programs across the globe are driving the demand for SAR systems.
- According to a deep-dive market assessment by RationalStat, the synthetic aperture radar market has been analyzed based on market segments, including application, and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the synthetic aperture radar market covers market sizes based on market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the synthetic aperture radar market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
Request A Customization- https://store.rationalstat.com/store/global-synthetic-aperture-radar-market/#tab-ux_global_tab
Global Synthetic Aperture Radar Market: Segmental and Market Share Analysis
- Based on type the military & defense segment is expected to capture the majority of the synthetic aperture radar market as they are widely used in the defense sector.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 5.4 billion |
| Market Size Forecast | US$ 11.6 billion |
| Growth Rate | 11.5% |
| Dominant Segment | Military & Defense Segment |
| Leading Region | North America |
| Key Market Drivers |
|
| Companies Profiled |
|
Explore more about this report- https://store.rationalstat.com/store/global-synthetic-aperture-radar-market/#tab-ux_global_tab
Competition Analysis and Market Structure
Some of the prominent players adopt various strategies to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, and partnerships and collaborations are some of the strategies followed by industry players.
Some of the prominent players and suppliers operating and contributing significantly to the synthetic aperture radar market growth include Lockheed Martin Corporation, Airbus SE, Aselsan A.S., BAE Systems Plc, Cobham Plc, General Atomics Aeronautical Systems Inc., L3Harris Technologies, IMSAR LLC, Israel Aerospace Industries Ltd, and Leonardo SpA, among others.
Get A Free Sample- https://store.rationalstat.com/store/global-synthetic-aperture-radar-market/#tab-ux_global_tab
RationalStat has segmented the synthetic aperture radar market based on type, product type, motorcycle type, distribution channel, and region
- Global Synthetic Aperture Radar Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Application
- Military and Defense
- Monitoring and Exploration
- Others
- Global Synthetic Aperture Radar Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Synthetic Aperture Radar Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- US
- Canada
- Latin America Synthetic Aperture Radar Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Synthetic Aperture Radar Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Synthetic Aperture Radar Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Synthetic Aperture Radar Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Synthetic Aperture Radar Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Synthetic Aperture Radar Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
For more information about this report- https://store.rationalstat.com/store/global-synthetic-aperture-radar-market/
Key Questions Answered in the Synthetic Aperture Radar Report:
- What will be the market value of the synthetic aperture radar market by 2030?
- What is the market size of the synthetic aperture radar market?
- What are the market drivers of the synthetic aperture radar market?
- What are the key trends in the synthetic aperture radar market?
- Which is the leading region in the synthetic aperture radar market?
- What are the major companies operating in the synthetic aperture radar market?
- What are the market shares by key segments in the synthetic aperture radar market?
Running a Year End Discount of 20%- https://store.rationalstat.com/store/global-synthetic-aperture-radar-market/#tab-ux_global_tab
Explore Our Trending Reports
- Global Airport Dolly Market- Global Airport Dolly Market is expected to grow at a CAGR of 12.4% over the forecast period of 2022-2028
- Global Smart Airport Market- Global smart airport market is expected to witness a robust growth rate of more than 3.5% during the forecast period of 2023-2028 and is expected to reach US$ 8.4 billion by the end of 2028.
- Global Drone Inspection and Monitoring Market- Global drone inspection and monitoring market is expected to grow at a CAGR of around 12% during the forecast period of 2023-2028 and was valued at around US$ 6.6 billion in 2022.
- Global Aircraft Lighting Market- Global aircraft lighting market is expected to grow at a CAGR of around 8% during the forecast period of 2023-2028 and was valued at around US$ 690 million in 2022.
- Global Autonomous Aircrafts Market- According to RationalStat analysis, the market value of the global autonomous aircraft market is expected to grow at a CAGR of 17.2% during the forecast period 2023-2028.
- Global Very Light Aircraft Market- Global Very Light Aircraft Market is expected to grow at a CAGR of 5.8% over the forecast period of 2022-2028.
- Global Space Habitat Market- Global Space Habitat Market is expected to grow at a CAGR of 8.4% over the forecast period of 2022-2028.
- Global Aviation Titanium Alloy Market- Global Aviation Titanium Alloy Market is expected to grow at a CAGR of 4.8% over the forecast period of 2022-2028.
- Global Aerospace Hose Market- Factors contributing to the growth of the market include increasing aircraft production, technological advancements, stringent safety regulations, increasing air passenger traffic, growing military aircraft fleet, and increasing focus on fuel efficiency and environmental sustainability.
- Global Targeting Pods Market- Global Targeting Pods Market is expected to grow at a CAGR of 5.8% over the forecast period of 2022-2028.
- Global Commercial Aircraft Emergency Generators Market- Global Commercial Aircraft Emergency Generators Market is expected to grow at a CAGR of 6.8% over the forecast period of 2022-2028.
Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoints to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
Download Key Insights and Market Data - Raise a Query
About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.
Contact
RationalStat LLC
Kimberly Shaw,
Content and Press Manager
US Phone: +1 302 803 5429
UK Phone: +44 203-287-1245
LinkedIn | Facebook | Twitter | Instagram | Pinterest
