Synthetic Aperture Radar Market 2021 Strategic Assessment- Aselsan A.S., BAE Systems Plc, Cobham Plc, General Atomics Aeronautical Systems Inc., Harris Corporation

The report presents an in-depth assessment of the Synthetic Aperture Radar Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Synthetic Aperture Radar from 2021 till 2025. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The synthetic aperture radar market was valued at USD 2.73 billion in 2019, and it is expected to reach USD 5.78 billion by 2025, at a CAGR of 11.6%, during the forecast period (2020- 2025).

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Synthetic Aperture Radar Market: Lockheed Martin Corporation, Airbus Defense and Space, Aselsan A.S., BAE Systems Plc, Cobham Plc, General Atomics Aeronautical Systems Inc., Harris Corporation, IMSAR LLC, Israel Aerospace Industries Ltd, Leonardo SpA, Maxar Technologies Ltd, MetaSensing Group, Northrop Grumman Corporation, Raytheon Company, Saab AB, SAR AERO, SRC Inc., Thales Group and others.

Market Overview:

Radar has long been utilized for military and non-military purposes, across a wide variety of applications, such as imaging, guidance, remote sensing, and global positioning. In the 1950s, the side looking airborne radar (SLAR) was developed, which allowed for scanning by a fixed beam, pointed to the side, with the aircrafts motion moving the beam across the land. SAR is a microwave sensor, which is capable of producing high-resolution images of the Earths surface. A SAR system sends electromagnetic pulses from a radar mounted on an airborne or space-borne platform to a particular area of interest on the ground and records the return signals. Synthetic aperture radar is a form of radar that is used to create two-dimensional images or three-dimensional reconstructions of objects, such as landscapes. SAR uses the motion of the radar antenna over a target region to provide finer spatial resolution than conventional beam-scanning radars.

Regional Analysis For Synthetic Aperture Radar Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Market Key Trends:

Military & defense Sector to Account for a Significant Demand
- In military applications, a synthetic aperture radar is used to detect surface features, like building complexes and missile sites, and topographical features of the surrounding terrain. Thus, it is used in battlefield reconnaissance, weapon guidance, and mission planning for future operations.
- The increase in the military and defense spending is enabling the defense sector to develop missiles with improved precision targeting. Compared to an airborne SAR, missile-borne SAR has various important characteristics, such as high flight speed with straight movement and a large squint angle, which are crucial elements in measuring the precision in real-time.
- With radar imaging having robust characteristics and being capable of functioning in varying weather conditions consistently, and remote monitoring, the use of SAR is one of the most effective methods to improve the guidance accuracy of medium and long-range missiles.
- With applications, such as weapons fire-control (missiles or guns) and accuracy control, intelligence, surveillance, and reconnaissance missions, air, and spaceborne SAR systems are expected to witness a high adoption over ground-based systems.
- SAR is frequently used by unmanned aerial aircrafts to map and image terrain and to provide surveillance to track and identify moving objects owing to which the US Army had awarded a nearly USD 99 million contract for small synthetic aperture radars (SAR) systems, in a move that continues a trend toward adding radar capabilities to smaller unmanned aerial vehicles.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Synthetic Aperture Radar Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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