The Global Synthetic Aperture Radar In Space Sector Market was valued at US$ 1,372.5 Million in 2021 and is expected to surpass US$ 4017.6 Million by 2030, registering a CAGR of 9.9% during the forecast period (2022-2030), according to the Global Synthetic Aperture Radar In Space Sector Market Report, By Platform (Space Platform, Ground Platform), By Frequency Band (Single-frequency Band, X Band, C Band, S Band, L Band, UHF/VHF Band, K/Ku/Ka-Band, Others) By Application (Defense, Research & Commercial, Public Safety, Environmental Monitoring, Natural Resource Exploration, Others) by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa), published by Coherent Market Insights.
Technological advancements such as combination of SAR and optical data, use of multi –static SAR configuration, and others in the SAR (Synthetic Aperture Radar) space sector are expected to open up new market opportunities and drive market growth in the forecast period. Key market players are putting more emphasis on reducing the size and weight of space-borne radar systems and improving overall image resolution to gain more advantages such as business growth and capturing market over the competitors. For instance, NASA-ISRO will launch NASA-ISRO Synthetic Aperture Radar (NI-SAR) in 2023 which will provide an unprecedented, and detailed view of the earth using advanced radar imaging. It will measure some of the most complex natural calamities such as earthquakes, tsunamis, landslides, and natural hazards.
Synthetic Aperture Radar (SAR) has the capability to meet the requirement of military and defense industry. It can provide precise images in any weather condition or even limited visibility conditions. It can also provide fine resolution images for a large area in short time span making synthetic aperture radar sensor system important for several military applications. Defense-based applications are expected to gain highest revenue margins over the forecast period. Synthetic aperture radars find significant applications in aircrafts and satellites that prove instrumental in tracking missiles, rendering the images of the terrain, and targets below the airborne vehicles. For instance, in July 2017, upgraded aircraft by the U.S. Air Force, the F-22 featured a SAR systems. According to, global defense spending is projected to increase at a CAGR of 3% over the forecast period and it is expected to drive growth of the market over the forecast period. However, large complex size of these radars and high cost expenditure are key factors that are expected to hamper usage in military application. Moreover they are implemented for special purpose operations. To change this situation, Loral has developed a small and modular synthetic aperture radar that is suitable of military applications. This radar is called Miniature Synthetic Aperture Radar (MSAR). It can be mounted on Unmanned Aerial Vehicles (UAV) or on multi-mission aircraft such as the F-16, F/A-18, or on the F-14.
Global Synthetic Aperture Radar in Space Sector - Impact of Coronavirus (Covid-19) Pandemic
Globally, most of the countries have been affected by COVID-19 and most of the countries announced a lockdown. This disrupted businesses across the globe. The availability of raw materials declined, and supply chain operations were disrupted which hampered the global economy. This also impacted the developments and projects carried out in synthetic aperture radar due to unavailability of material and low finances. Hence, the global synthetic aperture radar in space sector market witnessed slow growth during pandemic.
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