New York, May 10, 2023 (GLOBE NEWSWIRE) -- Consegic Business Intelligence has published a new research report title Global Synthetic Aperture Radar (SAR) Market Size, Share & Trends Analysis, By Component (Receiver, Transmitter, and Antenna), Platform (Airborne and Ground), Frequency Band (Ka, K, Ku, X, C, S, L, and P), Mode (Single-Mode and Multi-Mode), Application (Aerospace & Defense and Commercial), and By Region, Forecast Period 2023 – 2030.
According to a recent report, the synthetic aperture radar (SAR) market is poised for strong expansion and is expected to reach USD 9521.18 Million by 2030. The market, which was valued at USD 3985.89 Million in 2022, is predicted to grow at a compound annual growth rate of 11.8% during the period 2023-2030. The report highlights the increasing demand for SAR systems in various industries such as defense, agriculture, forestry, oil and gas, and environmental monitoring. Consegic Business Intelligences’ study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the synthetic aperture radar (SAR) market.
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The Synthetic Aperture Radar (SAR) market refers to the industry involved in the development, manufacturing, and sales of SAR systems that are used for various applications such as earth observation, maritime monitoring and military surveillance. SAR technology is a type of radar that deploys microwave signals to create high-resolution images of the ground or other targets. SAR systems are used in various applications, such as military surveillance, earth observation, maritime monitoring, and agriculture.
The increasing demand for SAR systems for various applications in industries such as defense, agriculture, forestry, oil and gas, and environmental monitoring is driving the growth of SAR market. SAR technology is used in disaster management to assess the extent of damage caused by natural disasters such as earthquakes, floods, and landslides. The high-resolution images provided by SAR help emergency responders and relief workers to better understand the situation on the ground and identify areas that need urgent attention. Additionally, SAR is used for surveillance and security purposes as it is capable of detecting and tracking objects on land and in water. Therefore, the increasing demand for security & surveillance is boosting the growth of SAR market. For instance, in February 2023, ISRO developed S-Band synthetic aperture radar and shipped it to NASA for integration with the L-Band payload being developed by the US Agency.
Synthetic aperture radar (SAR) systems have great potential in enhancing transportation safety by providing real-time information and tracking capabilities. SAR technology is useful in monitoring vessel traffic, as it detects and tracks ships in adverse weather conditions and low visibility situations. Moreover, SAR systems are used to track aircraft and provide real-time information on their location and movement. Therefore, the application of SAR technology in transportation safety presents significant growth opportunities for the SAR market. However, the limited coverage area of SAR systems to have a clear sight of the earth’s surface is hindering the growth of the market.
| Report Attributes | Report Details |
| Market Size By 2030 | USD 9521.18 Million |
| Forecast Period | 2023-2030 |
| CAGR (2023-2030) | 11.8% |
| Base Year | 2022 |
| Study Timeline | 2017-2030 |
| Key Players | EarthDaily Analytics, Thales Group, SkyGeo, Saab AB, Raytheon Technologies Corporation, OHB System AG, Northrop Grumman, Lockheed Martin Corporation, Leonardo S.p.A, ICEYE, General Atomics, Cobham Limited, Capella Space, BAE Systems, Airbus S.A.S |
| By Component |
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| By Platform |
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| By Frequency Band |
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| By Mode |
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| By Application |
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| Report Coverage | Company Ranking and Market Share, Growth Factors, Total Revenue Forecast, Regional Competitive Landscape, Business Strategies, and more |
| By Geography |
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Key Market Highlights
- The Global Synthetic Aperture Radar (SAR) Market size is estimated to exceed USD 9521.18 Million by 2030 and grow at a CAGR of 11.8% during the forecast period (2023-2030).
- Globally, Synthetic Aperture Radar (SAR) market is divided based on the component into receiver, transmitter, and antenna.
- In the context of Platform, the market is separated Airborne and Ground.
- On the basis of Frequency Band, the market is categorized into Ka, K, Ku, X, C, S, L, and P.
- On the basis of mode, the market is classified into single mode and multimode.
- On the basis of application, the market is segregated into aerospace & defense and commercial.
- The market is geographically divided into five regions: Europe, Latin America, the Asia-Pacific, North America, and Middle East and Africa.
- Asia Pacific and North America are estimated to support the market growth during the forecast period in terms of the large presence of market players combined with high expenditures on technological advancements in SAR solutions.
Synthetic Aperture Radar (SAR) Market Growth Drivers:
- The increasing demand for high-resolution imaging solutions in various applications such as defense and surveillance, environmental monitoring, agriculture, and infrastructure monitoring is accelerating the growth of the market.
- The rising need for disaster management and environmental monitoring to prevent the damage caused by natural disasters such as earthquakes, floods, and landslides is accelerating the growth of the market.
- The advancements in SAR technology, such as the development of compact and lightweight systems with higher frequency bands are enabling new applications, thereby driving the growth of the synthetic aperture radar market.
Restraints
- The limited coverage area of SAR systems to provide a clear sight of the earth’s surface is hindering the growth of the market.
- The limited availability of frequencies for SAR systems to produce high quality SAR data is restraining the growth of the market.
Opportunities
- The application of SAR technology in transportation safety presents significant growth opportunities for the SAR market.
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Global Synthetic Aperture Radar (SAR) Market Segmentation Details:
Based on Component, the antenna segment is growing in the SAR market owing to their importance to relay information. The antenna is a critical component of the SAR system that is responsible for transmitting and receiving radar signals. The performance of the antenna determines the image quality and resolution of the SAR system that is crucial for various applications, such as monitoring vessel traffic, tracking aircraft, and detecting objects on land. Additionally, technological advancements in antenna design and manufacturing are leading to the development of more efficient and compact antennas that are used in a wide range of applications.
Based on Platform, the airborne segment accounted for the largest revenue share in the year 2022. Airborne SAR systems are mounted on aircraft, providing a flexible and mobile platform that covers large areas quickly and easily. Airborne SAR systems are mounted on aircraft, drones, or satellites to provide high-resolution and wide coverage. As a result, airborne SAR systems are ideal for various applications, such as monitoring large-scale disasters, mapping terrain, and detecting targets over a wide area. Therefore, the increasing application of SAR systems in aforementioned applications is driving the growth of the market.
Based on Frequency Band, the X-band segment contributed the largest shares to the market growth in the year 2022. The X-band segment is one of the most widely used frequencies in the SAR market due to its ability to offer a good balance between imaging resolution and penetration capabilities. The X-band frequency ranges between 8 to 12 GHz that makes it suitable for various applications, including maritime surveillance, ground mapping, and disaster monitoring. Moreover, X-band SAR systems are widely used in civilian applications such as environmental monitoring, agriculture, and urban planning. For instance, X-band SAR systems are used to map land surface features, monitor crop health, and detect changes in urban areas over time.
Based on Mode, the multimode segment accounted for the largest revenue share in the year 2022. Multi-mode SAR systems are designed to operate at multiple frequencies, allowing them to support a variety of imaging modes and applications. By operating at multiple frequencies, multi-mode SAR systems optimize their imaging capabilities for specific applications and operating frequencies. Furthermore, the application of multi-mode SAR systems for different imaging modes for specific missions, such as reconnaissance, surveillance, and target acquisition are driving the growth of SAR market.
Based on Application, the aerospace & defense industry accounted for the significant shares in the year 2022. The growing demand for advanced surveillance and observation capabilities in the defense industry is a significant driver for the growth of the synthetic aperture radar (SAR) market. SAR technology enables high-resolution imaging and real-time situational awareness, providing critical information to military and defense decision-makers. SAR systems operate in all weather and lighting conditions, making them an essential tool for military operations. Thus, the increasing demand for advanced surveillance and observation capabilities in aerospace & defense industry is driving the growth of the market.
Based on region, Asia Pacific accounted for the largest share contribution to the market growth in 2022. The increasing demand for high-resolution imagery for applications such as urban planning, land-use mapping, and natural resource management is a significant driver for the SAR market in the Asia Pacific region. The growth of the SAR market in the Asia Pacific region is attributed to the increasing adoption of SAR technology in defense and military applications. Countries in the region are increasing their defense spending, resulting in a higher demand for SAR systems for military surveillance and reconnaissance purposes. In conclusion, the increasing demand for high-resolution imagery along with the government initiatives in the region is driving the growth of the regional market.
Recent Developments
- In June 2022, Northrop Grumman Corporation upgraded the AN/APG-83 SABR radars for the Air National Guard's F-16 fighter jets to provide pilots with advanced situational awareness and targeting capabilities.
- In January 2021, General Atomics Aeronautical Systems, Inc. collaborated with Leonardo to integrate the Leonardo Seaspray 7500E V2 radar into the centerline radar pod of its MQ-9B SeaGuardian remotely piloted aircraft system (RPAS).
List of Major Global Synthetic Aperture Radar (SAR) Market Players
The market research report examines various market factors to determine the key drivers, limitations, and opportunities affecting market players. The report includes a SWOT analysis, regional analysis, and segment analysis to give a complete view of the market situation. This evaluation helps to identify possible growth opportunities through the implementation of technology, product utilization, business strategies, and the launch of new products. The following are major market players operating in the market environment —
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- EarthDaily Analytics
- Thales Group
- SkyGeo
- Saab AB
- Raytheon Technologies Corporation
- OHB System AG
- Northrop Grumman
- Lockheed Martin Corporation
- Leonardo S.p.A
- ICEYE
- General Atomics
- Cobham Limited
- Capella Space
- BAE Systems
- Airbus S.A.S
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Global Synthetic Aperture Radar (SAR) Market Segmentation:
- By Component
- Antenna
- Transmitter
- Receiver
- By Platform
- Airborne
- Ground
- By Frequency Band
- Ka
- K
- Ku
- X
- C
- S
- L
- P
- By Mode
- Single Mode
- Multimode
- Application
- Aerospace & Defense
- Commercial
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Key Questions Covered in the Synthetic Aperture Radar (SAR) Market Report
- What is Synthetic Aperture Radar (SAR)?-
- Synthetic Aperture Radar (SAR) is a remote sensing technology that uses the motion of the radar antenna to create a high-resolution image of the ground or other targets. SAR technology is useful for imaging areas that are difficult to access, such as forests, mountains, and polar regions for detecting changes in the earth's surface caused by natural or human-made factors.
- What are some of the most important applications of Synthetic Aperture Radar (SAR) and how do they impact the industry's growth potential?-
- SAR technology is used for earth observation, including environmental monitoring, land cover mapping, and change detection. SAR images provide detailed information on soil moisture, vegetation, and other environmental variables. Moreover, SAR is used for disaster management, including flood mapping, earthquake and landslide detection, and monitoring of oil spills and other environmental disasters.
- What insights are covered by the factors driving the growth of the Synthetic Aperture Radar (SAR) market, as well as the opportunities and challenges that may impact the market’s future development?
-The increasing demand for high-resolution imaging solutions in various applications such as defense and surveillance, environmental monitoring, agriculture, and infrastructure monitoring is accelerating the growth of the market. Moreover, the application of SAR technology in transportation safety presents significant growth opportunities for the SAR market. However, the limited coverage area of SAR systems to provide a clear sight of the earth’s surface is hindering the growth of the market.
- Based on current market trends and future predictions, which geographical region will have the largest impact on the SAR market's growth in the coming years?
-North America is expected to witness the fastest CAGR growth in the coming years. North American region has a well-established defense industry, and the demand for SAR technology in the defense sector is increasing due to the need for advanced situational awareness and intelligence gathering capabilities. Additionally, SAR technology is being increasingly used for border surveillance and coastal monitoring in North America.
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