Synthetic Aperture Radar Market Outlook and Industry Forecast to 2022 - PowerPoint PPT Presentation

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Synthetic Aperture Radar Market Outlook and Industry Forecast to 2022

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Synthetic Aperture Radar Market is estimated to be USD 2.42 Billion in 2017 and is projected to reach USD 4.21 Billion by 2022, and at a CAGR of 11.75% during the forecast period. – PowerPoint PPT presentation

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Title: Synthetic Aperture Radar Market Outlook and Industry Forecast to 2022


1
According to the latest market research report
the Synthetic Aperture Radar Market is projected
to grow from USD 2.42 Billion in 2017 to USD 4.21
Billion by 2022, at a CAGR of 11.75 from
2017 to 2022. The increasing deployment of
space-based radars due to long-range
propagation characteristics of radar signals and
complex information processing capability of
modern digital electronics to provide high-
resolution imagery are expected to drive the
market during the forecast period. The market
has been segmented on the basis
of frequency band, application area, component,
mode, platform, and region. Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id153323094 Based on frequency band, the
synthetic aperture radar market has been
segmented into X band, L band, C band, S band,
VHF/UHF, K/Ku/Ka, and others. A frequency band
is an interval at which a particular radar
transmits a signal. These frequency bands are
distinguished based on their wavelength, which
ranges from 0 GHz to 40 GHz. Radio frequency
waves are sent through antennas into the space
that are then reflected from the target. Based
on mode, the synthetic aperture radar market has
been segmented into multimode and single mode.
The multimode segment is expected to lead the
market in 2017. Synthetic aperture radars using
multimode are in huge demand due to their
ability to capture images based on application
requirement. Based on platform, the synthetic
aperture radars market has been segmented into
airborne and ground. The airborne segment of the
market is projected to witness the highest
growth during the forecast period. Manufacturers
of airborne synthetic aperture radars are taking
efforts to develop specialized airborne synthetic
aperture radars for Unmanned Aerial Vehicles
(UAVs), as the use of airborne synthetic
aperture radars in UAVs enables easy data
collection of fast-changing terrains such as
snow slopes and active volcanoes. The synthetic
aperture radar market has been studied for North
America, Europe, Asia Pacific, Middle East, and
Rest of the World (RoW). The North American
region is expected to lead the market in 2017,
as several leading manufacturers of synthetic
aperture radars, which include Lockheed Martin
Corporation (US), Northrop Grumman Corporation
(US), Raytheon Company (US), etc., have their
headquarters in North America.
2
The cost involved in the development of a
synthetic aperture radar is a major factor
restraining the growth of the global synthetic
aperture radar market. Significant investments
are required at different stages of the value
chain of the synthetic aperture radar industry
(especially in RD, manufacturing, system
integration, and assembly stages). Products
offered by various companies operating in the
synthetic aperture radars market have been
listed in the report. The recent developments
section of the report provides information on
strategies adopted by various companies between
March 2012 and July 2017 to strengthen their
position in the market. Key Market Players Major
players in the synthetic aperture radar market
include Lockheed Martin Corporation (US),
Northrop Grumman Corporation (US), Raytheon
Company (US), Thales Group (France), etc. These
companies have excellent geographic reach and
distribution channels. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id153323094 About MarketsandMarkets Mar
ketsandMarkets provides quantified B2B research
on 30,000 high growth niche opportunities/threats
which will impact 70 to 80 of worldwide
companies revenues. Currently servicing 7500
customers worldwide including 80 of global
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approach MarketsandMarkets for their painpoints
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research platform, "Knowledgestore" 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. Contact Mr. Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441
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