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Synthetic Aperture Radar Market Worth 4.21 Billion USD by 2022


News provided by

MarketsandMarkets

19 Sep, 2017, 16:30 GMT

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PUNE, India, September 19, 2017 /PRNewswire/ --

The report "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", published by MarketsandMarkets™ , the market is projected to grow from USD 2.41 Billion in 2017 to USD 4.21 Billion by 2022, at a CAGR of 11.75% from 2017 to 2022.

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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.marketsandmarkets.com/Market-Reports/synthetic-aperture-radar-market-153323094.html

Early buyers will receive 10% customization on this report 

With the growing demand for multi-temporal satellite imagery and up-to-date situational awareness in disaster situations, the need for robust change detection methods is constantly increasing. Various building/infrastructure damage detection methods have been introduced in recent years, which are expected to drive the synthetic aperture radar market between 2017 and 2022.

Based on frequency band, the X band segment is projected to lead the synthetic aperture radar market during the forecast period. 

Based on frequency band, the X band segment is expected to lead the synthetic aperture radar market during the forecast period. The X band synthetic aperture radars are used for defense surveillance, weather forecasting, agriculture, and analysis of wind movement on the ocean surface. They also offer medium-resolution mapping as well as ground surveillance, as they are used in unmanned vehicles.

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Based on application area, the commercial segment of the synthetic aperture radar market is projected to witness the highest growth during the forecast period. 

Based on application area, the commercial segment is projected to witness the highest growth during the forecast period. The growth of this segment can be attributed to the use of commercial SAR radars in land applications (geology and agriculture), infrastructure management (such as surface movement monitoring), etc.

Based on mode, the multimode segment of the synthetic aperture radar market is projected to witness the highest growth during the forecast period. 

Based on mode, the multimode segment of the synthetic aperture radar market is projected to grow at the highest rate during the forecast period. Synthetic aperture radars operate in different imaging modes by controlling the antenna radiation pattern. Synthetic aperture radars using multimode are in huge demand due to their ability to capture images based on application requirement.

The North American region is expected to lead the synthetic aperture radar market during the forecast period. 

The North American region is expected to lead the synthetic aperture radar market during the forecast period. The growth of the North America synthetic aperture radar market can be attributed to the increased demand for radar systems in surveillance activities. In addition, the US military is replacing its legacy radars with highly advanced synthetic aperture radars, which is fueling the growth of the synthetic aperture radar market in the region.

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Major companies profiled in the synthetic aperture radar market report are Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Raytheon Company (US), Thales Group (France), etc.

Browse Related Reports 

Electronically Scanned Arrays Market by Type (Active and Passive), Platform (Airborne, Land, and Naval), Range (Short, Medium, and Long), Array Geometry (Linear, Planar, and Frequency Scanning), Component, and Region - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/electronically-scanned-array-market-225708729.html

Radar Systems Market by Technology (CW Radars, Pulsed Radars), Application (Defense, Commercial), Range (Short, Long, Medium), Component (Antenna, Receiver, Transmitter), Frequency Band (L, X, C, S) and Region - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/radar-system-market-207283650.html

Subscribe Reports from Aerospace & Defence  Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


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