According to the report titled ‘Synthetic Aperture Radar (SAR) Market Size By Frequency Band (Single-frequency Band [X Band, C Band, L Band, K/Ku/Ka Band], Multi-frequency Band), By Component (Receiver, Transmitter, Antenna), By Application (Spacecraft, Aircraft, UAV), By End-use (Research & Commercial Applications [Public, Safety, Environmental Monitoring, Natural Exploration], Defense), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with MarketStudyReport, synthetic aperture radar (SAR) market is anticipated to witness robust growth during the forecast period 2020-2026.

 

Increased use of synthetic aperture radars (SAR) for remote monitoring in the military sector to combat terrorist activities, and expanding product applications in unmanned air vehicles (UAVs) to provide real-time high-resolution imagery are factors driving the growth of global synthetic aperture radar market. 

 

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For the uninitiated, synthetic aperture radar is a technique that is primarily used to generate high-resolution images from a resolution-restricted radar system. 

 

Additionally, government programs that aid in situational space awareness, ongoing initiatives for disaster response & earth observation, and technological advancements resulting in improved satellite launches are further developing the business landscape.

 

However, high development cost for synthetic aperture radar is likely to impede the market growth over the forecast period.

 

With respect to frequency band, the S-band single-frequency segment is poised to have a steady growth during the projected timeframe, due to increased usage across airports for air traffic control and monitoring.

 

Based on component, the transmitter segment of global synthetic aperture radar (SAR) market is expected to expand at a CAGR of 7.5% over the next six years. Increasing application scope in UAVs to provide real-time high-resolution imagery is attributed for this anticipated growth.

 

In terms of application, the spacecraft segment share is likely to expand at an astounding rate through 2026, owing to increase in collaborations between the space agencies, defense sector, and prominent industry players.

 

Based on end-use scope, the environment monitoring division of research & commercial segment is expected to grow rapidly during the forecast period, due to rising demand for SARs for earth observation and disaster management.

 

From a regional standpoint, Latin America market is slated to experience significant growth in the coming years due to high focus of countries such as Mexico and Brazil on enhancing their military and defense competencies with SAR technologies.

 

The competitive landscape of global synthetic aperture radar (SAR) market includes companies like Airbus SE, OHB SE, Harris Corporation, Cobham Limited, BAE Systems plc, Lockheed Martin Corporation, Capella Space, GroundProbe Ltd., CGG, Leonardo S.p.A., General Atomics, MDA Ltd., ICEYE, Israel Aerospace Industries (IAI), and Northrop Grumman Corporation among others.