Synthetic Aperture Radar Market to witness steady growth of 10% during 2020-2026Press Release
September 17, 2020
According to a recent study from market research firm Global Market Insights, the synthetic aperture radar market is set to grow from its current market value of more than $4 billion to over $9 billion by 2026, gaining remarkable traction over the 2020 to 2026 period.
Synthetic aperture radar is an emerging technology in remote sensing. The key advantage behind this technology is how it can produce high resolution images synthetically under any weather conditions, even in night. SAR technology has provided valuable information related to terrain to geologists for mineral exploration, ice hazard and sea state maps to navigators, oil spill boundaries on water to environmentalists, reconnaissance as well as targeting information to military operators.
Based on frequency, the market is classified into single frequency band and multi-frequency band. Among these, the single frequency band is further bifurcated into C band, S band, L band, K/Ku/Ka band and X Band.
C Band is mostly used for telecommunication and is much cheaper than other frequency bands.
Meanwhile, the S band frequency is likely to witness highest growth rate of over 11% owing to its usage in airport surveillance radar as well as space communication. S band frequency is used by NASA for communication with Space Shuttle and ISS. Moreover, S band frequency provides air traffic controllers with reliable as well as clear picture of air traffic within its coverage area.
The Ka band has a smaller wavelength, that means smaller components leading to smaller systems and antennas. The short wavelength results in high resolution, which allows Ka band to be used for close range radars as well. The band is also used for international space station communication by NASA.
With respect to component, the synthetic aperture radar industry is classified into receiver, transmitter and antenna. Receiver is used for the upgradation of existing system for both commercial and military platform, which is prominently responsible for supporting the market growth.
The rising demand for multipurpose transmitters is anticipated to support the multi frequency radar system growth. The radar transmitter produces the short interval high-power of pulses of energy which are radiated into space by the antenna.
Subsequently, antenna is set to witness the highest growth rate of more than 11% supported by the increasing requirement of more rugged antenna for harsh operating conditions.
Based on end-use, the market is divided into defense and research & commercial application, which is further bifurcated into public safety, natural resource exploration and environmental monitoring.
SAR systems are used in UAVs for surveillance activities supporting public safety. SAR operations happen on difficult areas like big waters, hill varies, and many conflict or risky downtown regions. Multirotor SAR UAV technological advancements might be useful and valuable in natural tragedies such as flood, earthquake or tornado.
Natural resource exploration segment is set to record highest growth rate of over 11% owing to its use in the identification and explorations efforts that search for new oil and gas reservoirs and geospatial mapping.
From a regional frame of reference, the Latin America synthetic aperture radar market has been earmarked to grow substantially due to rising investment in space sector for earth observation satellite that incorporate synthetic aperture radars.
Middle East & Africa synthetic aperture radar market is witnessing rising collaborations and joint ventures between regional manufacturers and service providers, which are anticipated to support the SAR market expansion.