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Synthetic Aperture Radar (SAR) Market Size

  • Report ID: GMI2670
  • Published Date: May 2023
  • Report Format: PDF

Synthetic Aperture Radar Market Size

Synthetic Aperture Radar Market size valued at USD 5.5 Billion in 2022 and is set to register at a 10% CAGR between 2023 and 2032. The need for geospatial information is increasing in many sectors including agriculture, urban planning, infrastructure, and natural resource management. SAR provides the opportunity to make informed decisions and develop resources by providing detailed & accurate geospatial information, thus driving the SAR market statistics.

 

Synthetic Aperture Radar (SAR) is a remote sensing technique used to acquire high-resolution images and data of the Earth's surface. It works by emitting a microwave signal in the target area and capturing the signal that returns to the radar sensor.
 

The high cost of SAR technology (including satellite or aerial platforms, radar equipment, and data processing systems) can be a barrier for small organizations or countries with limited capital. Cost considerations may limit the widespread use of SAR systems in some applications. In addition, technological advancements and advancements in SAR satellite missions have helped reduce costs over time. The development of small & low-cost SAR satellites, advancements in radar technology, and the growth of commercial SAR vendors have played a role in developing SAR technology.
 

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.

Synthetic Aperture Radar Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 23
  • Tables & Figures: 352
  • Countries covered: 20
  • Pages: 320
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