Synthetic Aperture Radar (SAR) Market Top Players Shaping Industry: Airbus Defence and Space, Lockheed Martin, Israel Aerospace Industries (IAI)

Synthetic aperture radar market refers to the space and air-based SAR that functions on the principle of transmission and reception of the reflected signals that 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 24 hour, all weather data efficiency.

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Increasing traction of UAVs and UCAVs is expected to present considerable market traction through the forecast period

Increasing application of UAVs and their requirements for security and countermeasure operations has led to significant advancements in the electronic component integration that includes command, control, communications computers, intelligence, reconnaissance and surveillance systems (C4IRS) to support military and defense operations. This in turn leads to increased utilization of these UAVs in surveillance and attack missions by the defense agencies and garner high traction to the synthetic aperture radar (SAR) market.

Space-based SAR is expected to continue to dominate the industry revenue through 2025

Space-based SAR segment employs operating frequencies or microwave illuminators that makes the sensor imaging unaffected by even in hostile weather conditions. Moreover, significant applications for research is expected to consistently fuel the overall industry demands.

U.S. dominated the synthetic aperture radar market share in 2016, is expected to continue its dominance over the forecast period

Collaboration of the US Department of Defense (DoD) and National Aeronautics and Space Administration (NASA) has led to significant increase in R&D activities for space-based SAR satellites. Moreover, the country contributes to over 40% of the global defense spending. These factors are expected to fuel the regional demands for the business growth.

Global Synthetic Aperture Radar (SAR) Market: Competitive Background

Key participants in the synthetic aperture radar market include Airbus Defence and Space, Lockheed Martin, Israel Aerospace Industries (IAI), Thales, Northrop Grumman, SSTL, MDA Information Systems, Raytheon and Sandia National Laboratories.

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Synthetic Aperture Radar (SAR) Market Taxonomy

On the basis of product type, the global synthetic aperture radar (SAR) market is classified into:

• Space based SAR
• Air based SAR

On the basis of application, the global synthetic aperture radar (SAR) market is classified into:

• Aerospace & Defense
• Scientific Research
• Agriculture
• Energy
• Financial commodity markets
• Shipping and transportation

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This release was published on openPR.