The global Synthetic Aperture Radar Market size is anticipated to reach USD 4.98 billion by 2027, expanding at a CAGR of 10.7% from 2020 to 2027, according to a study conducted by Grand View Research, Inc. Synthetic aperture radar (SAR) uses a remote sensing technique that generates high-resolution images and can be used for earth observation and surveillance operations. The synthetic aperture of SAR operates at various frequencies and modes, which enable it to take pictures through cloud covers, inclement weathers, and during the day and night. Synthetic aperture radar is compact and light in weight compared to the conventional radars, which is expected to increase the adoption of these devices for space satellite missions and thereby drive the market.
Over the
years, SAR has been widely used for military operations, whereas it has also
gained prominence in the commercial sector recently. The advanced synthetic
aperture technology makes it possible to detect and capture natural disasters,
infrastructure damages, archeological artifacts, snow mapping, biomass and
vegetation, and oil spillages in oceans, among others. The growing need for
tracking and detecting movement, mapping troops, and gathering intelligence
data is expected to increase the adoption of these systems in the military
operations. Furthermore, synthetic aperture radars can be integrated
with unmanned aerial vehicles (UAV’s) and rising usage of UAV for
tactical and surveillance purposes is expected to bolster the demand for SAR
systems in the market.
The data
retrieved from synthetic aperture radar involves using several pre-processing
steps and requires a separate software from the service provider to process the
data. It may include steps like de-bursting, radiometric calibration, terrain
correction, applying the orbit file, and speckle filtering depending on the
type of analysis. This tedious process to work with the SAR data is expected to
limit market growth. However, the processed images and retrieved data provide a
detailed and clear picture of the mapped objects, which is anticipated to drive
the market over the forecast period.
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Aperture Radar Market Report
Synthetic
Aperture Radar Market Report Highlights
- The growing need for public safety,
natural resource exploration, and environmental monitoring has propelled
investment from government and independent organizations in the synthetic
aperture radar systems industry, thus driving the commercial application
segment
- Asia Pacific is anticipated to expand at
the highest CAGR of 14.1% over the forecast period owing to an increase in
spending on military missions. The Asia Pacific region is expected to
launch satellites in the future, thereby resulting in market growth. For
example, the National Aeronautics and Space Administration (NASA) and The
Indian Space Research Organization (ISRO) have projected the launch of a
dual-frequency synthetic aperture radar NISAR in 2022
- Key market players operating in the
market are focused on forming partnerships with government and other
organizations to accommodate important projects and gain competitive
advantage. For instance, in June 2019, ICEYE and Asia Pacific Satellite,
Inc. entered a strategic alliance to extend ICEYE’s SAR data purchase in
South Korea.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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