SYNTHETIC APERTURE RADAR MARKET ANALYSIS

Regional Analysis

U.S. dominated the synthetic aperture radar market share in 2016, is expected to continue its dominance over the forecast period

Collaboration of the US Department of Defense (DoD) and National Aeronautics and Space Administration (NASA) has led to significant increase in R&D activities for space-based SAR satellites. Moreover, the country contributes to over 40% of the global defense spending. These factors are expected to fuel the regional demands for the business growth. Growing defense budgets and research operations in the Asia Pacific that specifically include China, South Korea, India, and Japan are expected to provide significant growth opportunities.