Synthetic Aperture Radar Market Report 2021-2031
Forecasts by Component (Antenna, Receiver, Transmitter), by Frequency Band (VHF/UHF, L Band, S Band, C Band, X Band, Ku/Ka/K Band), by Application (Airborne, Land, Naval), by Mode of Operation (Single Mode, Multi Mode) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Recovery Scenarios
The global market for synthetic aperture radar has been witnessing a significant investment over the past few years in the area of research and development to enhance the surveillance capabilities. Synthetic aperture radar enhances the surveillance capabilities of defense forces by providing intelligence imagery at any point of time irrespective of weather conditions and time. Due to which the demand for synthetic aperture radar from defense forces across the globe has been rising in the recent. However extensive defence budget cuts owing to ongoing COVID-19 pandemic has affected the procurement of radar systems in 2020. While emerging countries in Asia-Pacific region such as India and China are investing continuously on enhancing their surveillance capabilities on account of ongoing tension between these two neighbouring countries. Emerging economies in Middle Eastern region are further expected to drive the market growth over the next decade. As a result, Visiongain’s analysis indicates that the synthetic aperture radar market is projected to reach $xyz billion by 2031.
Factors such as increasing demand for real-time situational awareness and accurate detection technologies from armed forces is one of the key factors driving the demand for synthetic aperture radar. In addition, territorial disputes with neighbouring countries has resulted in Ministry of Defenses (MoDs) to invest significantly on surveillance technologies including SAR, to critically enhance their situational awareness capabilities across their borders.
In addition, there is a focus on the miniaturization of synthetic aperture radars to reduce the size and weight, which is expected to have a positive impact on the market growth over the forecast period. As the demand for unmanned systems is witnessing strong growth across the globe, the demand for lightweight and small sized radar systems will trigger market growth in coming years.
Rise in Military Expenditures of Major Economies
The global military spending has reached $XYZ billion in 2020, an increase of xyz% compared to 2019. The US being the highest defense spender across the globe in 2020 with a defense budget of US$XYZ billion and is followed by China, Saudi Arabia and India with a defense budget of US$XYZ billion, US$XYZ billion and US$XYZ billion respectively. France, Russia, UK, and Germany are also some of the top defense spenders in 2020. This increasing military expenditure is driving the acquisition of new technologies, advanced tactical systems, next-generation armored vehicles, radar systems, and various advanced military equipment. However, due to the ongoing COVID-19 pandemic the defence spending of major economies are expected to shift towards enhancing the healthcare facilities. The acquisition of new defense capabilities is expected to be revived from 2021. All the NATO countries are expected to spend at least 2% of their defense budget on military procurement, which is also expected to show positive impact on the market over the forecast period.
This report analyses leading countries in the synthetic aperture radar market across all regions and covers key topics such as current geopolitical issues, ongoing military modernisation programs, and competitive strategies such as partnerships, acquisitions, mergers, and collaborations in the synthetic aperture radar market. Comprehensive national market coverage is also reinforced by information on recent contracts and product launches, as well as company profiles of 10 leading companies that are either well established in the market, or have the potential to increase their market share in the future, and other 12 companies that either fill important niche markets, have a sizeable growth potential during the forecast period, or companies which are highly relevant to the market.
Why you should buy the Global Synthetic aperture radar Market 2021-2031
• Stay ahead with this comprehensive analysis of the global synthetic aperture radar market industry prospects
• The report comprises 200 pages
• Get ahead by studying highly quantitative content that delivers solid conclusions benefiting your research and analysis
• 240+ tables, charts, and graphs quantifying and forecasting the market
• View global market forecasts from 2021-2031 to keep your knowledge one step ahead of the competition
• The report provides an analytical overview with detailed sales projections and analysis of the global synthetic aperture radar market, the competitors, and the commercial drivers and restraints. It also provides an examination of company growth strategies, potential growth opportunities, and future disruptive technologies.
• Keep informed about the potential for each of the synthetic aperture radar submarkets with forecasts from 2021-2031
This report provides market insights for below mentioned market segments and sub segment.
Global Synthetic aperture radar Market Size Breakdown by component
Global Synthetic aperture radar Market Size Breakdown by Mode of Operation
• Single Mode
Global Synthetic aperture radar Market Size Breakdown by Frequency Band
• VHF/UHF Band
• L Band
• S Band
• C Band
• X Band
• Ku/Ka/K Band
• Other Frequency Band
Global Synthetic aperture radar Market Size Breakdown by Application
Learn about the opportunities in 21 leading synthetic aperture radar countries with market forecasts between 2021-2031
• Rest of the Europe
• Rest of Latin America
• South Korea
• Rest of Asia-Pacific
• Saudi Arabia
• Rest of the Middle East
• South Africa
• Rest of Africa
Understand the competitive landscape with profiles of 10 leading synthetic aperture radar companies examining their positioning, products, services, focus, strategies and outlook.
Top Companies Profiled
• Northrop Grumman Corporation
• Thales Group
• Raytheon Company
• Lockheed Martin Corporation
• Saab AB
• BAE Systems
• Aselsan A.S.
• Harris Corporation
• Leonardo S.P.A.
• Cobham PLC
Discover the qualitative analysis informing the market forecasts
SWOT analysis of strengths, weaknesses, opportunities, and threats, revealing what drives and restrains the global synthetic aperture radar industry and the prospects for established companies and new market entrants.
What makes this report unique?
Our reports have a unique blend of primary and secondary sources providing informed analysis. This methodology allows insight into the key drivers and restraints behind market dynamics and competitive developments, as well as identifying the technological issues. The report therefore presents an ideal balance of qualitative analysis combined with extensive quantitative data including global, submarket and national synthetic aperture radar markets forecasts from 2021-2031 – all of which identify strategic business opportunities.
This report provides COVID-19 recovery analysis for global and country level synthetic aperture radar market for each segment and sub-segment
How the Synthetic Aperture Radar Market Report 2021-2031 report can benefit you?
Visiongain’s report is for anyone requiring analysis of the global synthetic aperture radar market. You will discover market forecasts, technological trends, predictions and expert opinion providing you with independent analysis derived from our extensive primary and secondary research. Only by purchasing this report you will receive this critical business intelligence revealing where revenue growth is likely and where the lucrative potential market prospects are.
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