Synthetic Aperture Radar Market Report: Key Trends, Growth & Forecast - Datastring Consulting
As of 2023, The SAR industry had a market value of around USD 5.1 billion and is projected to reach USD 11.1 billion by the year 2030, potentially scaling to USD 19.2 billion by the year 2035 with a growth rate of about 11.7% CAGR. This upward trend is fueled by the rising need for earth observation, environmental monitoring and applications, in defense.