Will Synthetic Aperture Radar Market carry its growth momentum post COVID-19? Read more to know.

The Synthetic Aperture Radar Market is expected to grow at 12.2% during 2020-2025, according to a report from Stratview Research.

Synthetic aperture radar market

COVID-19 pandemic – Boon or a Curse to the industry?

The outbreak of COVID-19 has severely impacted several industries across the world. Tough government measures such as lockdown of major economies, has pressed the ‘pause button’ for most of the industries. For most of the industries, the revenue has gone down in 2020 and has resumed an uptrend gradually from 2021.

Key insights on Synthetic Aperture Radar Market

Synthetic aperture radar market is likely to witness an impressive CAGR of 12.2% during the forecast period. The escalating deployment of space-based radars, driven by their long-range propagation characteristics of radar signals and intricate information processing capability of modern digital electronics to deliver high-resolution imagery are expected to bolster the global synthetic aperture radar market during the forecast period. 

Regional Insights

In terms of regions, the North American region dominated the market in 2018, as various leading manufacturers of synthetic aperture radars, such as Lockheed Martin Corporation (US), Raytheon Company (US), Northrop Grumman Corporation (US), etc., have their headquarters in North America. The North American region is estimated to maintain its dominance during the forecast period. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.  

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Market Scope & Segmentation

Synthetic Aperture Radar Market Share: By Platform Type 

Based on the platform type, the market is segmented as airborne and ground. The airborne segment is estimated to witness a higher growth during the forecast period. Manufacturers of airborne synthetic aperture radars are taking enormous efforts to develop specialized airborne synthetic aperture radars for Unmanned Aerial Vehicles (UAVs), as the use of airborne synthetic aperture radars in UAVs empowers easy data collection of fast-changing terrains, such as snow slopes and active volcanoes.

Synthetic Aperture Radar Market Share: By Mode Type

Based on the mode type, the market is segmented as single mode and multimode. The multimode segment led the market in 2018, and is expected to remain dominant during the forecast period. Synthetic aperture radars employing multimode are in high demand, owing to their ability to capture images based on various application requirements.

Synthetic Aperture Radar Market Share: By Frequency Band Type

Based on the frequency band type, the market is segmented as X band, C band, S band, L band, VHF/UHF band, K/Ku/Ka band, and others. A frequency band is an interval at which a specific radar transmits a signal. These frequency bands are differentiated based on their wavelength, which ranges from 0 GHz to 40 GHz. Radio frequency waves are transmitted through antennas into the space that are, further, reflected from the target.

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Which key questions will this report answer?

This market research report focuses to deliver relevant information regarding the market trends, structure and growth during the forecast period of 2020-2025. It also offers insights into different market segments and other factors affecting the market.

Some of the key questions answered by the report are:

  • What is the impact of COVID-19 on the market forecast?
  • What are the trends, drivers, and challenges?
  • How competitive is the market? Who are the market leaders?
  • What are the key strategies adopted by the market players?
  • Which segments offer the greatest opportunities?
  • Which are the most attractive regions?
  • What are the key success factors for the market players?
  • How does the business environment impact the market?
  • Which strategic alliances have taken place recently and their significance?

Stratview Research’s reports are generated after accumulating data from various authenticated sources. > 10 primary interviews with industry experts are conducted by us for every report. Insights gained from primary interviews, in-depth analysis of company statements and annual reports, accompanied by a number of articles, whitepapers, and reports help us to connect the dots and triangulate the market in the most effective manner.

Know more about us:

Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as Advanced Materials, Aerospace & Defense, Automotive & Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our market veterans make sure to have deep research about the topics so that the most useful and authentic insights can be delivered to the professionals.

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