Connect with us

Technology

Synthetic Aperture Radar (SAR) Market size is set to grow by USD 1.68 billion from 2024-2028, increasing investments in surveillance and attack uavs to boost the market growth, Technavio

Published

on

NEW YORK, June 18, 2024 /PRNewswire/ — The global synthetic aperture radar (SAR) market  size is estimated to grow by USD 1.68 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 7.19%  during the forecast period.  Increasing investments in surveillance and attack uavs is driving market growth, with a trend towards rising preference for integrated c4isr ecosystem. However, complexity in data management  poses a challenge. Key market players include Airbus SE, ASELSAN AS, BAE Systems Plc, Barnard Microsystems Ltd., Capella Space Corp., General Atomics, ICEYE Oy, Israel Aerospace Industries Ltd., KIHOMAC, L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Maxar Technologies Inc., Northrop Grumman Corp., OHB System AG, RTX Corp., Saab AB, SAR Aero, and Thales Group.

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Space-based and Airborne), Application (Defense and Commercial), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

Region Covered

North America, APAC, Europe, South America, and Middle East and Africa

Key companies profiled

Airbus SE, ASELSAN AS, BAE Systems Plc, Barnard Microsystems Ltd., Capella Space Corp., General Atomics, ICEYE Oy, Israel Aerospace Industries Ltd., KIHOMAC, L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Maxar Technologies Inc., Northrop Grumman Corp., OHB System AG, RTX Corp., Saab AB, SAR Aero, and Thales Group

Key Market Trends Fueling Growth

The global Synthetic Aperture Radar (SAR) market is anticipated to grow due to the increasing adoption of integrated C4ISR systems in defense agencies. These systems allow seamless data exchange among different components, enabling access to real-time information for authorized personnel. The shift towards open architecture and interoperable networks is driving the demand for SAR technology, which is integrated into comprehensive sensory platforms. This results in cost savings and simplified processes for governments, vendors, and integrators. 

The Synthetic Aperture Radar (SAR) market is experiencing significant growth due to its application in various industries. Key technologies driving this trend include advanced imaging techniques and the use of complex algorithms. SAR systems are used for terrain mapping, vegetation analysis, and object detection. The defense sector is a major consumer of SAR technology due to its ability to operate in all weather conditions and provide real-time imaging. The construction industry also utilizes SAR for monitoring infrastructure projects and assessing damage after natural disasters. Additionally, the oil and gas industry uses SAR for pipeline inspections and environmental monitoring. The market is expected to continue growing as new applications are discovered and existing ones expand. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The Synthetic Aperture Radar (SAR) market is experiencing significant growth due to the increasing demand for advanced maritime surveillance. With tensions among nations over sea borders and territorial claims, there is a greater need for multi-mission patrol aircraft (MMA) equipped with SAR. However, the large amounts of data generated by SAR systems pose challenges in data management and transmission. Defense authorities must adopt superior connectivity platforms and network services to handle this data. Interoperability issues among existing systems also complicate matters, necessitating a fully functional digital workflow for effective data sharing. Furthermore, the rising demand for secure communications and the strained wireless spectrum have highlighted the need for real-time spectrum-sharing capabilities in the SAR market.The Synthetic Aperture Radar (SAR) market faces several challenges. One major challenge is the high cost of SAR systems due to their complex technology. Another challenge is the need for large amounts of data processing power to analyze the data collected by SAR systems. Additionally, SAR systems can be affected by various environmental factors such as rain, snow, and temperature changes, which can impact their accuracy. Furthermore, the regulatory environment for SAR technology is constantly evolving, requiring companies to stay up-to-date with the latest regulations. Lastly, the competition in the SAR market is intense, with many players vying for market share. Despite these challenges, the SAR market continues to grow due to its ability to provide high-resolution imaging and data analysis in various industries such as defense, oil and gas, and environmental monitoring.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This synthetic aperture radar (sar) market report extensively covers market segmentation by

Type 1.1 Space-based1.2 AirborneApplication 2.1 Defense2.2 CommercialGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Space-based-  The Synthetic Aperture Radar (SAR) market is experiencing significant growth due to its applications in various industries. SAR technology is used extensively in sectors like defense, agriculture, and environmental monitoring. Its ability to penetrate through different surfaces and provide high-resolution images makes it an essential tool for these industries. Companies are investing in research and development to improve SAR technology’s performance and reduce costs. The market is expected to continue growing at a steady pace in the coming years.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Synthetic Aperture Radar (SAR) market encompasses the provision of satellite imagery and remote monitoring services using SAR technology. This advanced radar system is integral to facilities and infrastructure management, enabling earth observation products and reconnaissance missions. SAR satellites and radar systems enable wide-area surveillance, monitoring remote areas, and assessing damage from natural disasters or bombings. SAR Mapping technology is crucial for ground-based systems, providing essential data for bomb damage assessment, perimeter security, and national defense budgets. SAR systems are employed in various sectors, including weather conditions monitoring, offshore missile platforms, coast guard vessels, and human movement analysis. Cape Canaveral, Florida, is a significant hub for the launch of remote sensing technology, including SAR satellites, contributing to the growth of this market.

Market Research Overview

The Synthetic Aperture Radar (SAR) market encompasses technologies and solutions that utilize radar systems to produce high-resolution images of the Earth’s surface. SAR systems employ a moving antenna to synthesize a larger virtual aperture, enabling the detection of subtle features and changes in terrain. These systems are integral to various applications, including environmental monitoring, infrastructure assessment, and military intelligence gathering. SAR technology offers advantages such as all-weather capabilities and the ability to penetrate vegetation and water. The market for SAR is expected to grow significantly due to increasing demand for remote sensing applications and advancements in technology.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeSpace-basedAirborneApplicationDefenseCommercialGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/synthetic-aperture-radar-sar-market-size-is-set-to-grow-by-usd-1-68-billion-from-2024-2028–increasing-investments-in-surveillance-and-attack-uavs-to-boost-the-market-growth-technavio-302175334.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Singapore’s Sodion Energy Secures MWh Supply of US Developed Advanced Sodium-Ion Batteries from UNIGRID

Published

on

By

SINGAPORE, Jan. 13, 2025 /PRNewswire/ — Sodion Energy, a leading provider of sodium-ion batteries for e-mobility and integrated energy storage solutions in Southeast Asia, has secured a landmark agreement for an initial 10 MWh supply of advanced sodium-ion batteries developed by UNIGRID Inc., a California-based innovator in sodium-ion battery technology.

This collaboration strengthens Sodion Energy’s ability to address the region’s rising demand for affordable, eco-friendly, and high-performance battery solutions across mobility and energy storage sectors.

“Our collaboration with UNIGRID is a game-changer,” said Dr. CC Hang, Chairman of Sodion Energy. “These next-generation sodium-ion batteries will allow us to tackle key markets, starting with lead-acid battery replacements in e-mobility and extending into large-scale renewable energy projects and grid stabilization initiatives.”

Sodium-ion batteries offer distinct advantages, including cost-efficiency, enhanced safety, and the use of abundant raw materials, making them a sustainable choice for energy storage. With fast-charging capabilities and intrinsic non-flammability, they are exceptionally suited to Southeast Asia’s tropical climate and rapidly growing energy needs.

With a strategic focus on advanced battery technologies, Sodion Energy is poised to play a key role in driving Southeast Asia’s transition to cleaner, safer, and more sustainable energy solutions.

Website: https://sodione.com

Follow us on LinkedIn: Sodion Energy

About Sodion Energy

Headquartered in Singapore, Sodion Energy is an applications engineering leader driving the commercialization of Sodium-ion batteries across Southeast Asia. SE’s sodium-ion pack solutions are tailored to meet the diverse needs of industries such as mobility and energy storage, contributing to a more sustainable future.

View original content:https://www.prnewswire.com/apac/news-releases/singapores-sodion-energy-secures-mwh-supply-of-us-developed-advanced-sodium-ion-batteries-from-unigrid-302347661.html

SOURCE UNIGRID and Sodion Energy Pte. Ltd

Continue Reading

Technology

AirCheck Australia & New Zealand Renamed as RCS MEDIA MONITORS

Published

on

By

SYDNEY, Jan. 13, 2025 /PRNewswire/ — AirCheck, a leading provider of broadcast monitoring services in Australia and New Zealand is pleased to announce its renaming as RCS MEDIA MONITORS, effective immediately.

AirCheck monitors songs and commercials providing almost real time reporting tools for radio and television broadcasters, music media, record companies, advertising agencies and industry analysts.

This change reflects the company’s growth, expanded service offerings, and a strengthened focus on providing comprehensive media intelligence.

The new name, RCS MEDIA MONITORS, builds on the expertise of its parent company, RCS, to offer enhanced monitoring solutions. By integrating RCS’s global technology and resources, the company will provide clients with a broader range of tools for tracking and analysing media campaigns across a variety of platforms and markets.

“We’re excited to take this step forward,” said Philippe Generali, President and CEO of RCS Global. “The rebranding to RCS MEDIA MONITORS allows us to expand our reach and improve our services, giving clients access to deeper insights and a wider array of media monitoring tools. With RCS’s support, we can offer more robust data and solutions that cover not just broadcast, but also digital and emerging media channels.”

The name change signals the company’s commitment to evolving with the changing media landscape. With RCS MEDIA MONITORS, clients can expect the same reliable monitoring services they’ve trusted for over 20 years in Australia and 15 years in NZ.

www.rcsmediamonitors.com.au

About RCS MEDIA MONITORS

RCS MEDIA MONITORS (formerly AirCheck) is a leading provider of broadcast monitoring and media intelligence solutions in Australia, New Zealand and India. The company helps clients across industries optimise media strategies, measure performance, and gain insights from a wide range of traditional and digital media. RCS MEDIA MONITORS is part of RCS, a global leader in broadcast automation and media technology.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/aircheck-australia–new-zealand-renamed-as-rcs-media-monitors-302347810.html

SOURCE RCS MEDIA MONITORS

Continue Reading

Technology

iM Global Partner mourns the passing of Philippe Uzan

Published

on

By

PARIS, Jan. 13, 2025 /PRNewswire/ — It is with deep sadness that iM Global Partner (iMGP) announces the passing, one month ago, of our dear friend and colleague, Philippe Uzan.

 

 

Philippe’s exceptional career in asset management spanned more than 30 years and is marked by remarkable achievements in the organizations for which he worked and deep contributions to the industry as a whole. His passing is a tremendous loss to all who knew and worked with him.

Philippe joined iM Global Partner in February 2020 as Deputy CEO and CIO Global Asset Management, responsible for overseeing our financial strategies and products and designing value-added investment solutions for our clients across Europe and the United States.

His expertise spanned all asset classes, and he had a deep understanding of markets and their impact on investors and their investment needs. He was an eloquent man who contributed a number of papers and articles to the media, always with the intention of educating and making financial concepts more relatable. He has left an indelible mark on our organization and on the broader industry.

Prior to joining iM Global Partner, Philippe was latterly Chief Investment Officer at Edmond De Rothschild Asset Management, where he worked for 11 years and where he led the portfolio management teams, optimizing the synergies between analysis and portfolio management. He previously spent three years as Research and Global Asset Allocation Director, where he developed the portfolio management and research teams and modernized investment processes and the product range.

Philippe began his career as an Equity Derivatives Trader at Société Générale and held roles at AGF Asset Management (now part of Allianz Global Investors) and Natixis AM.

Throughout his career, Philippe’s outstanding intelligence, humility, and collaborative spirit earned him the respect and admiration of his peers.

Philippe Couvrecelle, Founder and CEO of iM Global Partner, expressed his heartfelt condolences: “It was with infinite sadness and pain that I learned of Philippe’s passing from a devastating illness. I had known Philippe closely for almost 20 years, as we worked together for Natixis, Edmond de Rothschild and iMGP. I pay immense tribute to his humanity, his sense of humor, his brilliant intelligence and his presence, which I will deeply miss. We had shared so much and still had so much to do together. In his memory, we will continue our path forward with strength, success and intensity, always preserving our values and our company culture to which he was so attached.

We will all miss Philippe enormously at iM Global Partner. He will be remembered not only for his professional achievements but also for his warmth, generosity, kindness and his unwavering dedication to his colleagues and community. Our thoughts are with his wife and three children, his family, friends and loved ones during this difficult time.”

CONTACT: media@imgp.com

 

 

SOURCE iM Global Partner

Continue Reading

Trending