LONDON--(BUSINESS WIRE)--Technavio has been monitoring the synthetic aperture radar (SAR) market and it is poised to grow by USD 878.07 million during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions -
- Based on segmentation by type, which is the leading segment in the market?
- The space-based SAR is expected to be the leading segment based on type in the global market during the forecast period.
- What are the major trends in the market?
- Increasing investments in surveillance and attack UAVs is one of the major trends in the market.
- At what rate is the market projected to grow?
- Growing at a CAGR of almost 5%, the incremental growth of the market is anticipated to be USD 878.07 million.
- Who are the top players in the market?
- Airbus SE, ASELSAN AS, BAE Systems Plc, Israel Aerospace Industries Ltd., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Saab AB, and Thales Group are some of the major market participants.
- What are the key market drivers and challenges?
- Rising preference for the integrated C4ISR is one of the major factors driving the market. However, the complexity in data management will restrain market growth.
- How big is the North America market?
- The North America region will contribute 38% of market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Airbus SE, ASELSAN AS, BAE Systems Plc, Israel Aerospace Industries Ltd., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Saab AB, and Thales Group are some of the major market participants. The rising preference for the integrated C4 will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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Synthetic Aperture Radar (SAR) Market 2020-2024: Segmentation
Synthetic Aperture Radar (SAR) Market is segmented as below:
- North America
- South America
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Synthetic Aperture Radar (SAR) Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The synthetic aperture radar (SAR) market report covers the following areas:
- Synthetic Aperture Radar (SAR) Market Size
- Synthetic Aperture Radar (SAR) Market Trends
- Synthetic Aperture Radar (SAR) Market Analysis
This study identifies increasing investments in surveillance and attack UAVs as one of the prime reasons driving the synthetic aperture radar (SAR) market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Synthetic Aperture Radar (SAR) Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist synthetic aperture radar (SAR) market growth during the next five years
- Estimation of the synthetic aperture radar (SAR) market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the synthetic aperture radar (SAR) market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of synthetic aperture radar (SAR) market vendors
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019-2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Integration Type
- Market segments
- Comparison by Integration Type
- Space-based - Market size and forecast 2019-2024
- Airborne - Market size and forecast 2019-2024
- Market opportunity by Integration Type
- Customer landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand led growth
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Competitive scenario
- Vendors covered
- Market positioning of vendors
- Airbus SE
- ASELSAN AS
- BAE Systems Plc
- Israel Aerospace Industries Ltd.
- Leonardo Spa
- Lockheed Martin Corp.
- Northrop Grumman Corp.
- Raytheon Technologies Corp.
- Saab AB
- Thales Group
- Scope of the report
- Currency conversion rates for US$
- Research methodology
List of abbreviations
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