Synthetic Aperture Radar (SAR) Market Size worth $9 Bn by 2026

(SAR) Synthetic Aperture Radar Market size is set to surpass USD 9 billion by 2026; according to a new research report by Global Market Insights, Inc.
 

The SAR market growth can be attributed to increasing demand for miniaturized radar systems that support ground mapping & battlefield surveillance activities for the defense sector. The rising installation of systems to map remote & isolated areas is supporting the market size. Furthermore, the demand for innovative systems in cost concentrated activities, such as mining, construction, and oil & gas, is contributing to the market growth.

 

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Rising demand for UAV will remain a key driver for synthetic aperture radar (SAR) market growth

The UAVs in the market held the highest growth rate of over 11% due to rising demand for surveillance activities in the defense sector. The military force of various regions is deploying innovative radar technology in the UAV segment improving their range of operations and surveillance capabilities.
 

For instance, in May 2019, Turkey Military announced the deployment of synthetic aperture radar in ANKA, a UAV, that will be deployed in the Mediterranean and Aegean for surveillance missions and surface reconnaissance. Furthermore, these UAVs possess the ability to detect and locate moving targets.
 

Synthetic Aperture Radar (SAR) Market by End-Use

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Rising demand for high resolution imaging is supporting growth of multi-frequency band

The multi-frequency band segment is expected to grow at a CAGR of more than 9% in the synthetic aperture radar (SAR) market owing to increasing adoption of next-generation satellite that provides superior three-dimensional images. The rising investments in technological advancements and long-term contracts for the delivery of multi-frequency SAR systems are some of the major drivers supporting market growth.
 

For instance, in August 2017, UrtheCast entered a contract with an unnamed customer for the delivery of a dual-frequency system worth USD 78 million. Under this contract, the company will provide complete operational, maintenance and aftermarket support curtaining to satellite ground segment.
 

Browse key industry insights spread across 230 pages with 300 market data tables & 34 figures & charts from the report, “Synthetic Aperture Radar Market Size By Frequency Band (Single-frequency band (X band, C band, S band, L band, K/Ku/Ka band), Multi-frequency band), By End-Use (Research & Commercial Applications (Public Safety, Environmental Monitoring, Natural Resource Exploration), Defense), By Application (Spacecraft, Aircraft, UAV), By Component (Receiver, Transmitter, Antenna), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/synthetic-aperture-radar-sar-in-space-sector-market
 

Rising demand for X band frequency for research & commercial purpose in Europe

The European SAR market is expected to grow at a CAGR of over 10% during the forecast timeframe due to its military applications in ground mapping and surveillance activities. The market players in the region including the UK, France, Italy, and Russia are entering into contracts to manufacture and develop satellite equipped with SAR systems, supporting the overall synthetic aperture radar industry.
 

For instance, in October 2019, MetaSensing Italia signed a contract with UB Research and Innovation worth USD 11 million for the "NOCTUA Landscape Monitoring. For everyone. From space" project. The project will develop land monitoring services based on satellite Differential Interferometric SAR technology that will be enabled by StarSAR-X phased array radar.
 

Implementation of upgraded SAR systems in aircraft to carry the mission efficiently

The aircraft segment holds over 59% of the market share and is projected to grow at a CAGR of over 10% during the forecast timeframe. The industry players are engaged in support programs that equip enhanced SAR systems in aircraft, supporting the market growth.
 

For instance, in January 2020, the U.S. Airforce extended its existing contract with Northrop Grumman Corporation to support the Joint STARS aircraft fleet. Under this contract, the company will provide a Total System Support Responsibility program that includes a synthetic aperture radar system and battlefield management system. The new system will help to conduct wide-area target search missions and obtain real-time situational awareness.
 

Major companies operating in the market are focusing on undergoing strategic partnerships and contracts to enhance capabilities in radar systems. For instance, in December 2019, Capella Space announced the launch of seven synthetic aperture radars for commercial applications that are expected to begin operations in 2020. The satellites will have the ability to deliver data to customers within 30 minutes from the collection with real-time tasking.
 

The major players operating in the synthetic aperture radar (SAR) market include Airbus, Capella Space, Harris Corporation, ICEYE, OHB System AG, MDA Corporation, Northrop Grumman, Raytheon Company, Thales Group, and UrtheCast.
 

Rising demand for synthetic aperture radar for commercial application is positively contributing to the market growth. Major industry players are investing in R&D activities to provide miniaturized radar system for UAV application supporting the growing demand from defense sector.
 

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