At 9.7% CAGR, Middle East & Africa Synthetic Aperture Radar Market is Projected to be Worth US$ 702.70 Million by 2030, says Business Market Insights

According to Business Market Insights' research, the Middle East & Africa synthetic aperture radar market was valued at US$ 334.43 million in 2022 and is anticipated to reach US$ 702.70 million by 2030, recording a CAGR of 9.7% from 2022 to 2030. Increasing preference for ensuring precision targeting capability and growing demand for earth observation & remote sensing capabilities are among the critical factors attributed to drive the Middle East & Africa synthetic aperture radar market growth.

The increasing preference for ensuring precision targeting capability is driven by the integration of newer-generation aircraft with advanced electronically scanned array (AESA) radars, which enable the transmission and reception of information on multiple bandwidths. One of the major features of SAR is its ability to provide target information through inverse SAR (ISAR) images. ISAR technology uses radar imaging to generate high-resolution two-dimensional images of a target by tracking its movement. This capability is particularly valuable for precision targeting, as it allows for the detection and tracking of targets using SAR/ISAR radar images.

Precision targeting is of utmost importance in modern warfare and surveillance operations. The ability to accurately identify and track targets is crucial for military and defense organizations. SAR plays a crucial role in fulfilling this need by providing high-resolution imaging capabilities for precise target detection. The rising developments in precision targeting capability are expected to drive the demand for SAR and positively impact market growth. The integration of active electronically scanned array (AESA) radars, along with the use of X-band and Ku-band radars, enables finer target detection and enhances the overall effectiveness of precision targeting. Furthermore, ISAR radars play a significant role in maritime patrol aircraft, allowing for the detection, imaging, and classification of surface ships and other objects in all weather conditions. This capability is crucial for target recognition purposes and contributes to the demand for SAR systems.

On the contrary, satellite launch delays hamper the growth of Middle East & Africa synthetic aperture radar market. 

Based on component, the Middle East & Africa synthetic aperture radar market is categorized into receiver, transmitter, and antenna. The antenna segment held 66.6% market share in 2022, amassing US$ 222.72 million. It is projected to garner US$ 480.82 million by 2030 to register 10.1% CAGR during 2022-2030.

In terms of frequency band, the Middle East & Africa synthetic aperture radar market is segmented into x band, l band, c band, s band, and others. The x band segment held 49.9% share of Middle East & Africa synthetic aperture radar market in 2022, amassing US$ 166.78 million. It is anticipated to garner US$ 355.17 million by 2030 to expand at 9.9% CAGR during 2022-2030.

By application, the Middle East & Africa synthetic aperture radar market is divided into commercial and defense. The defense segment held 60.9% share of Middle East & Africa synthetic aperture radar market in 2022, amassing US$ 203.74 million. It is projected to garner US$ 415.40 million by 2030 to expand at 9.3% CAGR from 2022 to 2030.

Based on platform, the Middle East & Africa synthetic aperture radar market is bifurcated into ground and airborne. The airborne segment held 88.3% share of Middle East & Africa synthetic aperture radar market in 2022, amassing US$ 295.21 million. It is predicted to garner US$ 624.32 million by 2030 to expand at 9.8% CAGR between 2022 and 2030.

In terms of mode type, the Middle East & Africa synthetic aperture radar market is bifurcated into single and multi. The multi segment held 81.7% share of Middle East & Africa synthetic aperture radar market in 2022, amassing US$ 273.13 million. It is estimated to garner US$ 585.31 million by 2030 to expand at 10.0% CAGR during 2022-2030.

By country, the Middle East & Africa synthetic aperture radar market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 37.2% share of Middle East & Africa synthetic aperture radar market in 2022. It was assessed at US$ 124.30 million in 2022 and is likely to hit US$ 283.19 million by 2030, registering a CAGR of 10.8% during 2022-2030.

Key players operating in the Middle East & Africa synthetic aperture radar market are 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, among others.

• In April 2023, RTX is currently developing a cutting-edge over-the-horizon radar that will provide advanced capabilities for detecting cruise missiles. This state-of-the-art system will offer rapid detection, tracking, and classification of cruise missiles under any circumstances, including night-time operations and challenging conditions like the presence of the mesmerizing aurora borealis.
  
  
• In June 2023, Thales announced the launch of the Elix-IR, a threat warning system. The Elix-IR system is designed to detect the infrared (I.R.) signature produced by both the launch and flight of incoming projectiles. It provides timely and accurate identification, tracking, and post-fire geolocation capabilities for the crew. This technology enables businesses to enhance their situational awareness and effectively respond to potential threats by quickly identifying and tracking projectiles.
  
  
  

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