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Synthetic Aperture Radar Market 2026: OHB Systems AG, MDA Corporation, Northrop Grumman Corporation, Raytheon Company, Thales Group, UrtheCast Corp., BAE Systems, Lockheed Martine Corporation, TERRASIGNA, SkyGeo, TRE Altamira

06-03-2020 07:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: DecResearch.com

Synthetic Aperture Radar Market

Synthetic Aperture Radar Market

Another fundamental parameter contributing towards the ever growing synthetic aperture radar market is the introduction of government initiatives and private investments. Various state and central governments are rolling out programs designed to enhance indigenous manufacturing capabilities which carry an absolute potential to drive SAR market growth over the foreseeable time period across the APAC region.

Moreover, governmental collaborations with various regions in an effort to penetrate the global reach in the market would catalyze North America synthetic aperture radar market profusely over the upcoming years. In fact, NASA and ISRO, in 2014, inked a definitive agreement to develop, design, and launch L band SAR satellite at the International Aeronautical Congress. Claims have been made that the project valued over USD 1.5 billion and was reportedly termed NISAR. The NISAR launch is predicted to take place somewhere by 2021.

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In the era of technological advancements, synthetic aperture radar market is forecast to depict phenomenal gains during 2020-2026 on the grounds of increasing requirement for high resolution SAR images. SAR images are significantly used to gain insightful information across various domains. What is boosting the capabilities of these radars is the progressive transformation in technologies and need for upgradation.

Speaking on these lines, various industry players across the market are emphasizing on developing new technologies to support next generation SAR capabilities. Moreover, the demand for multi-purpose miniature SARs is extensively expanding considering the reduced operation cost and improvement in scope of application. As a matter of fact, SRI International in mid-2018 demonstrated the operation of a high resolution SAR imagery from low cost and small hobby-grade UAV, enabling the global synthetic aperture radar market to chart out a profitable growth graph over the stipulated time frame.

In order to leverage technological developments, the key industry players are heftily investing in research and development with an intent to reducing the operational and manufacturing costs. A vital instance testifying this is provided by ICEYE’s recently launched product which is capable of detecting ships and various other dark vessels at sea, giving a thrust to synthetic aperture radar market growth.

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Some Point from Table of Contents:

Chapter 8. Synthetic Aperture Radar Market , By Application
8.1. Key trends, by application
8.2. Spacecraft
8.2.1. Market estimates and forecast, 2015 – 2026
8.3. Aircraft
8.3.1. Market estimates and forecast, 2015 – 2026
8.4. UAV
8.4.1. Market estimates and forecast, 2015 – 2026
Chapter 9. SAR Market, By End-use
9.1. Key trends, by end-use
9.2. Research & commercial application
9.2.1. Market estimates and forecast, 2015 – 2026
9.2.2. Public safety
9.2.2.1. Market estimates and forecast, 2015 – 2026
9.2.3. Environmental monitoring
9.2.3.1. Market estimates and forecast, 2015 – 2026
9.2.4. Natural resource exploration
9.2.4.1. Market estimates and forecast, 2015 – 2026
9.2.5. Others
9.2.5.1. Market estimates and forecast, 2015 – 2026
9.3. Defense
9.3.1. Market estimates and forecast, 2015 – 2026

Browse complete Table of Contents (ToC) of this research report @
https://www.decresearch.com/toc/detail/synthetic-aperture-radar-sar-in-space-sector-market

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