Synthetic aperture radar in space sector market refers to the space and ground-based SARs that function on the principle of transmission and reception of the reflected signals, which interact with the ground and aid in the imaging, tracking, detection, and characterization. SAR finds significant applications over the conventional electro optical (EO) imaging systems, primarily, owing to microwaves being able to penetrate through clouds and provide consistent weather data efficiently for 24 hours.
Market Dynamics
Increasing participation of emerging economies in space industry is key factor driving growth of market. According to Coherent Market Insights, global spending in space programs has escalated over US$ 60 billion in 2016 from around US$ 44 billion in 2014. Some of the major economies in the global space industry include the U.S., Germany, France, the U.K., Italy, Russia, China, Japan, India, South Korea, and Brazil. All these economies invest around or over US$ 500 million annually. Multi-satellite constellation programs, advent of commercial applications that include, environmental monitoring, disaster management, and natural resource exploration are projected to witness strong growth demand over the forecast period. For instance, Capella program in North America, Iceye X projects in Finland, Constellation of Small Satellites for Mediterranean basin observation (COSMO-SkyMed) in Italy, OptiSAR Radar constellation in Canada are among the major earth observation projects that are expected to fuel the overall growth of the SAR in space sector market over the forecast period.
Key features of the study:
- This report provides an in-depth analysis of the global synthetic aperture radar in space sector market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
- It profiles leading players in the global synthetic aperture radar in space sector market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
- Companies covered as a part of this study include Airbus SE, Lockheed Martin Corporation, Israel Aerospace Industries, Thales Group, Northrop Grumman Corporation, MDA Information Systems, Raytheon Company, Harris Corporation, and BAE Systems
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- The global synthetic aperture radar in space sector market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global synthetic aperture radar in space sector market
Detailed Segmentation
- Global Synthetic Aperture Radar In Space Sector Market, By Platform:
- Space Platform
- Ground Platform
- Global Synthetic Aperture Radar In Space Sector Market, By Frequency Band:
- Single-frequency Band
- X Band
- C Band
- S Band
- L Band
- UHF/VHF Band
- K/Ku/Ka Band
- Others
- Global Synthetic Aperture Radar In Space Sector Market, By Application:
- Defense
- Research & Commercial
- Public Safety
- Environmental Monitoring
- Natural Resource Exploration
- Others
- Global Synthetic Aperture Radar In Space Sector Market, By Region:
- North America
- Europe
- By Country:
- Germany
- Italy
- U.K.
- France
- Russia
- Rest of Europe
- Asia Pacific
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
- By Country/Region:
- GCC Countries
- South Africa
- Rest of Middle East and Africa
- Company Profiles
- Airbus SE.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Lockheed Martin Corporation
- Israel Aerospace Industries
- Thales Group
- Northrop Grumman Corporation
- MDA Information Systems
- Raytheon Company
- Harris Corporation
- BAE Systems
“*” marked represents similar segmentation in other categories in the respective section.
