How big is the Synthetic Aperture Radar Market?

The Synthetic Aperture Radar Market size is expected to reach USD 5.21 billion in 2024 and grow at a CAGR of 11.07% to reach USD 8.80 billion by 2029. Read More

What is the current Synthetic Aperture Radar Market size?

In 2024, the Synthetic Aperture Radar Market size is expected to reach USD 5.21 billion. Read More

Who are the key players in Synthetic Aperture Radar Market?

Lockheed Martin Corporation , Airbus SE , Aselsan A.S., BAE Systems PLC and Cobham PLC are the major companies operating in the Synthetic Aperture Radar Market. Read More

Which is the fastest growing region in Synthetic Aperture Radar Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Synthetic Aperture Radar Market?

In 2024, the North America accounts for the largest market share in Synthetic Aperture Radar Market. Read More

What years does this Synthetic Aperture Radar Market cover, and what was the market size in 2023?

In 2023, the Synthetic Aperture Radar Market size was estimated at USD 4.69 billion. The report covers the Synthetic Aperture Radar Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Synthetic Aperture Radar Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key drivers of the SAR Market?

The Synthetic Aperture Radar (SAR) Market is driven by: a) Advancements in radar technology b) Increasing demand for earth observation satellites c) Growing need for surveillance and reconnaissance Read More

How is the Synthetic Aperture Radar (SAR) Market segmented?

The Synthetic Aperture Radar (SAR) Market is segmented based on platform (space-based, air-based), application (commercial, defense), and geography, allowing for targeted insights into each sector's growth and potential. Read More

Synthetic Aperture Radar Market Share

Statistics for the 2023 & 2024 Synthetic Aperture Radar market share, created by Mordor Intelligence™ Industry Reports. Synthetic Aperture Radar share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Synthetic Aperture Radar Industry

The synthetic aperture radar market is moderately fragmented and consists of several international and regional vendors. Moreover, due to relatively moderate product differentiation, the companies are heavily investing in developing strategic decisions to maintain a distinct competitive advantage through collaborations and acquisitions.

June 2022 - After passing testing for integration with the satellite and finally with the launch vehicle, the NASA-ISRO Synthetic Aperture Radar (NISAR) mission payload is planned to be transported to India. For global observations over the whole land mass, including the Polar cryosphere and the Indian Ocean region, NISAR is a combined earth observation program between ISRO and NASA.