DUBLIN--(BUSINESS WIRE)--The "Synthetic Aperture Radar - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Synthetic Aperture Radar market worldwide is projected to grow by US$3 Billion, driven by a compounded growth of 11.6%.
X Band, one of the segments analyzed and sized in this study, displays the potential to grow at over 13.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$2 Billion by the year 2025, X Band will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 13.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$129.2 Million to the region's size and clout in the next 5 to 6 years. Over US$139.9 Million worth of projected demand in the region will come from the rest of the European markets.
In Japan, X Band will reach a market size of US$178.9 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 10.9% over the next couple of years and add approximately US$501.6 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Aselsan A.S.
- BAE Systems PLC
- Cobham PLC
- General Atomics Aeronautical Systems Inc.
- Harris Corporation
- Israel Aerospace Industries (IAI)
- Leonardo S.p.A.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Company
- SAAB AB
- Thales Group
For more information about this report visit https://www.researchandmarkets.com/r/hwlfz0