Major companies operating in the synthetic aperture radar market include:
Airbus S.A.S
ASELSAN S. A.
BAE Systems
Capella Space
CGG
UrtheCast Corp.
Thales Group
Skygeo
Saab AB
Raytheon Company
OHB Systems AG
Northrop Grumman Corporation
Lockheed Martin Corporation
Leonardo SPA
Authors:
Suraj Gujar
Frequently Asked Questions (FAQ) :
The market size of synthetic aperture radar crossed USD 5.5 billion in 2022 and is estimated to record more than 10% CAGR from 2023 to 2032 due to the rising need for geospatial information in agriculture, urban planning, infrastructure, and natural resource management.
The UAV application segment is set to witness over 10% CAGR from 2023 to 2032 driven by rising adoption in monitoring, surveying & mapping, precision agriculture, aerial remote sensing, and product delivery.
The research & commercial end-use segment recorded over 40% of the synthetic aperture radar industry share in 2022 due to the increasing government initiatives to protect the public from man-made & environmental hazards.
North America synthetic aperture radar market size will cross USD 5 billion by 2032 owing to the presence of multiple SAR manufacturers as well as high military spending in the region.