PUNE, India, September 28, 2017 /PRNewswire/ --
The synthetic aperture radar market is forecast to reach $4.21 billion by 2022 from $2.41 billion in 2017 at a CAGR of 11.75% during (2017-2022) driven by the growing demand for technologies providing situational awareness, increasing deployment of space-based radars, and geopolitical instabilities in the Asia Pacific and the Middle East regions are fueling the demand for radars for airborne and maritime surveillance applications according to RnRMarketResearch.
Browse 109 Market Data Tables and 43 Figures spread through 168 Pages and in-depth TOC on "Synthetic Aperture Radar Market Global Forecast to 2022" http://www.rnrmarketresearch.com/synthetic-aperture-radar-market-by-frequency-band-x-l-c-s-k-ku-ka-uhf-vhf-component-receiver-transmitter-antenna-platform-airborne-ground-application-area-defense-commercial-mode-multimode-sin-st-to-2022-market-report.html .
North America is estimated to account for the largest share of the synthetic aperture radar market in 2017 while the Asia Pacific synthetic aperture radar market is projected to grow at the highest CAGR during the forecast period. Major factors that are expected to drive the North America synthetic aperture radar market include an increase in the demand for surveillance systems and radars since the US military is in the process of replacing its legacy systems of more than three decades with advanced synthetic aperture radars.
Key players profiled in this report on the synthetic aperture radar market are Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Raytheon Company (US), Thales Group (France), BAE Systems (UK), etc. Manufacturers of synthetic aperture radars include Harris Corporation (US), SAAB Group (Sweden), Israel Aerospace Industry (Israel), Leonardo S.p.A. (Italy), Aselsan A.S. (Turkey), Cobham Plc (UK), etc.
Purchase a copy of Synthetic Aperture Radar Market by Frequency Band (X, L, C, S, K/Ku/Ka, UHF/VHF), Component (Receiver, Transmitter, Antenna), Platform (Airborne, Ground), Application Area (Defense, Commercial), Mode (Multimode, Single mode), and Region - Global Forecast to 2022 research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=1202995 .
The Asia Pacific synthetic aperture radar market is projected to grow at the highest CAGR during the forecast period. Countries in the Asia Pacific region are upgrading their military capabilities through technological developments in the field of synthetic aperture radars. It serves as an opportunity for synthetic aperture radar manufacturers to enhance their businesses in the Asia Pacific region.
Based on platform, the airborne segment is estimated to account for the largest share of the synthetic aperture radar market in 2017. The growth of this segment can be attributed to the rise in the use of airborne synthetic aperture radars in the aerospace industry. Civil as well as military aircraft are being equipped with synthetic aperture radars. These radars provide unique information to resolve challenges such as climate change, resource monitoring, disaster management, environmental monitoring, etc.
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The break-up of profiles of primary participants in this report on the synthetic aperture radar market has been given below:
- By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
- By Designation: C Level - 35%, Director Level - 25%, and Others - 40%
- By Region: North America - 45%, Europe - 20%, Asia Pacific - 30%, and RoW - 5%
The market study segments the synthetic aperture radar market on the basis of platform (airborne, ground), frequency band (X band, L band, C band, S band, K/Ku/Ka, UHF/VHF, and others), application area (defense and commercial), component (receiver, transmitter, antenna), mode (multimode, single mode), and maps these segments and subsegments across five major regions, namely, North America, Europe, Asia Pacific, the Middle East, and the Rest of the World (RoW). The report provides an in-depth market intelligence regarding market dynamics and major factors such as drivers, restraints, opportunities, and industry-specific challenges that influence the growth of the synthetic aperture radar market, along with analyzing micro markets with respect to individual growth trends, future prospects, and their contribution to the synthetic aperture radar market.
Another research titled 3D Radar Market Global Forecast to 2022 says, the 3D radar market is projected to grow from $702.8 million in 2017 to $1,775.0 million by 2022, at a CAGR of 20.36% from 2017 to 2022. Based on the plat form, the airborne segment is estimated to account for the largest share of the 3D radar market in 2017. The North American region is estimated to account for the largest share of the 3D radar market in 2017 while the Asia Pacific 3D radar market is projected to grow at the highest CAGR during the forecast period. Companies such as Northrop Grumman Corporation (US), Raytheon Company (US), Thales Group (France), Airbus Defense and Space (US), BAE Systems plc (UK), Honeywell International Inc. (US), SAAB Group (Sweden), ELTA Systems Ltd. (Israel), Leonardo S.p.A. (Italy), Indra Sistemas, S.A. (Spain) have been profiled in this 163 pages research report available at http://www.rnrmarketresearch.com/3d-radar-market-by-frequency-band-c-s-x-band-l-band-e-f-band-others-range-long-medium-short-platform-airborne-ground-naval-region-north-america-europe-asia-pacific-middle-east-row-global-fore-st-to-2022-market-report.html .
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