Space Radar Market Scope
Space Radar is a space-borne radar system that provides real-time topography and land cover information about the earth and planetary system to spacecraft, aeroplanes, or unmanned aerial vehicles (UAVs). This system makes use of remote sensing technology, which collects data, observes, and monitors the ocean and land using sensors mounted on aerial platforms. Microwave illuminations are used in space-based radar systems, which preserve radar imaging unaltered, accurate, and high resolution even in severe weather. These devices are exclusively available to defense organizations, space agencies, and research agencies for further exploration, and are capable of acquiring photos of many key places in complete darkness or worse weather conditions in the earth's atmosphere.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Space Radar market throughout the predicted period.
Lockheed Martin Corp. (United States), National Aeronautics and Space Administration (NASA) (United States), Airbus Group (Netherlands), Boeing (United States), Aselsan Inc. (Turkey), Israel Aerospace Industries (Israel), MDA Information Systems (United States), Sandia National Laboratories (United States), Terma A/S (Denmark), Thales Group (France) and Northrop Grumman (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Space Radar market by Type (Transmitter, Receiver, Antenna, Duplexer and Others), by Application (Spacecraft, Aircraft and UAV) and Region with country level break-up.
On the basis of geography, the market of Space Radar has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
April 2020 - National Aeronautics and Space Administration, an independent agency responsible for civilian space program, aeronautics and space research, launched CubeSat Imaging Radar for Earth Sciences (CIRES) to help decision-makers deal with disasters by giving earthquake and volcano warnings
Market Trend
- Rise in Use of Space Radar Systems for Detection and Tracking of Aircraft
Market Drivers
- Increase in Satellite Launches
- Ongoing Space Programs for Environmental Disaster
- Ongoing Space Programs for Earth Observation to Pinpoint natural Reservoirs or Other Environmental Changes
Opportunities
- Growing Investments by Governments and Independent Organizations
- Growing Research and Development Activities
Restraints
- High Development Cost With Launch Cost
Key Target Audience
Manufacturers of Space Radar, Suppliers of Space Radar, Wholesalers, Distributors and Retailers of Space Radar, Investors, End Users and Others