Asia Pacific Synthetic Aperture Radar Market
No. of Pages: 120 | Report Code: BMIRE00030597 | Category: Electronics and Semiconductor
No. of Pages: 120 | Report Code: BMIRE00030597 | Category: Electronics and Semiconductor
The Asia Pacific synthetic aperture radar market was valued at US$ 1,140.44 million in 2022 and is expected to reach US$ 2,823.14 million by 2030; it is estimated to register a CAGR of 12.0% from 2022 to 2030. Rising Development of Dual-Band SAR Boosts Asia Pacific Synthetic Aperture Radar Market
Dual-band synthetic aperture radar (SAR) technology operates in two frequency bands simultaneously, allowing for enhanced imaging capabilities and improved image quality compared to single-band SAR systems. The use of dual-band SAR offers several advantages. Firstly, it enables better target discrimination and identification, as the combination of two different frequency bands provides more detailed and accurate imaging. This is particularly valuable in applications such as military surveillance, border control, and maritime monitoring, where the ability to distinguish between objects and detect subtle changes is crucial.
Secondly, dual-band SAR technology enhances the system's ability to penetrate and detect objects under challenging environmental conditions. Utilizing two different frequency bands, SAR systems can overcome limitations posed by factors such as vegetation cover, weather conditions, and surface roughness. This increased robustness allows for reliable imaging even in adverse conditions, expanding the range of applications for SAR technology. Moreover, the improved image quality offered by dual-band SAR systems facilitates better interpretation and analysis of the acquired data. This is particularly beneficial in applications such as disaster management, environmental monitoring, and infrastructure planning, where accurate and detailed information is vital for decision-making. Thus, dual-band synthetic aperture radar (SAR) technology has emerged as a significant advancement in the synthetic aperture radar market, presenting new opportunities for market growth and expansion.Asia Pacific Synthetic Aperture Radar Market Overview
The Asia Pacific synthetic aperture radar market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. The growing application of synthetic aperture radar in remote sensing applications such as environment monitoring, disaster management, maritime surveillance, and target detection enables regions to focus on the development of synthetic aperture radar. For example, in October 2023, an international conference, the Asia Pacific Conference on Synthetic Aperture Radar (APSAR), was held on Bali Island, Indonesia. The conference was devoted to synthetic aperture radar technology development and applications. This conference was jointly hosted with the 2023 IEEE International Conference on Aerospace Electronics and Remote Sensing Technology (ICARES 2023).
Several players across Asia Pacific are entering into partnerships for the development of synthetic aperture radar. For example, in October 2023, Data Patterns entered into a licensing and transfer of technology (ToT) agreement with space nodal agency IN-SPACe for Synthetic Aperture Radar (SAR) development. The partnership will help Data Patterns in radar development efforts.
China is severely affected by monsoon weather and frequent meteorological disasters. China also has experienced severe landslides, floodwaters, and other geological hazards. Thus, China has emphasized the deployment of interferometric synthetic aperture radar (InSAR) satellites. For example, in March 2023, China launched four interferometric synthetic aperture radar (InSAR) satellites developed by Chinese private satellite developer GalaxySpace using the CZ-2D rocket at the Taiyuan Satellite launch center in North China's Shanxi province. This type of satellite provides comparatively stable formation configuration and high mapping efficiency. The satellites are a powerful tool for the early identification of major geological hazards in complex areas due to their millimeter-level deformation monitoring capability. They can provide data support for exploration and the prevention of land subsidence, collapse, landslides, and other disasters. Thus, such instances drive the growth of the synthetic aperture radar market in Asia Pacific.
Asia Pacific Synthetic Aperture Radar Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the Asia Pacific Synthetic Aperture Radar provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Asia Pacific Synthetic Aperture Radar refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Get more information on this report Asia Pacific Synthetic Aperture Radar Strategic Insights
Get more information on this report Asia Pacific Synthetic Aperture Radar Report Scope
Report Attribute
Details
Market size in 2022
US$ 1,140.44 Million
Market Size by 2030
US$ 2,823.14 Million
Global CAGR (2022 - 2030)
12.0%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Component
By Frequency Band
By Platform
By Mode
Regions and Countries Covered
Asia-Pacific
Market leaders and key company profiles
Get more information on this report Asia Pacific Synthetic Aperture Radar Regional Insights
Get more information on this report Asia Pacific Synthetic Aperture Radar Market Segmentation
The Asia Pacific synthetic aperture radar market is categorized into component, frequency band, application, platform, mode, and country.
Based on component, the Asia Pacific synthetic aperture radar market is categorized into receiver, transmitter, and antenna. The antenna segment held the largest market share in 2022.
In terms of frequency band, the Asia Pacific synthetic aperture radar market is categorized into x band, l band, c band, s band, and others. The x band segment held the largest market share in 2022.
By application, the Asia Pacific synthetic aperture radar market is segmented into commercial and defense. The defense segment held a larger market share in 2022.
Based on platform, the Asia Pacific synthetic aperture radar market is bifurcated into ground and airborne. The airborne segment held a larger market share in 2022.
In terms of mode, the Asia Pacific synthetic aperture radar market is bifurcated into single and multi. The multi segment held a larger market share in 2022.
By country, the Asia Pacific synthetic aperture radar market is segmented into Australia, Japan, India, China, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific synthetic aperture radar market share in 2022.
Northrop Grumman Corp, ASELSAN AS, BAE Systems Plc, Israel Aerospace Industries Ltd, Leonardo SpA, Lockheed Martin Corp, Raytheon Technologies Corp, Thales SA, and Saab AB are some of the leading companies operating in the Asia Pacific synthetic aperture radar market.
1. Northrop Grumman Corp
2. ASELSAN AS
3. BAE Systems Plc
4. Israel Aerospace Industries Ltd
5. Leonardo SpA
6. Lockheed Martin Corp
7. Raytheon Technologies Corp
8. Thales SA
9. Saab AB
The Asia Pacific Synthetic Aperture Radar Market is valued at US$ 1,140.44 Million in 2022, it is projected to reach US$ 2,823.14 Million by 2030.
As per our report Asia Pacific Synthetic Aperture Radar Market, the market size is valued at US$ 1,140.44 Million in 2022, projecting it to reach US$ 2,823.14 Million by 2030. This translates to a CAGR of approximately 12.0% during the forecast period.
The Asia Pacific Synthetic Aperture Radar Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Synthetic Aperture Radar Market report:
The Asia Pacific Synthetic Aperture Radar Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Synthetic Aperture Radar Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Synthetic Aperture Radar Market value chain can benefit from the information contained in a comprehensive market report.
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