Christy Publications Synthetic Aperture Radar In Space Sector Market | Page 2

developing a holistic, proactive, multi-disaster oriented and technology driven strategy through
a culture of prevention, mitigation, preparedness, and response.
Situation awareness is a model of decision making by observing, understanding, and forecasting
scenarios. The arena of situation awareness consist of various products, components, and
technologies to improve the perception of environmental factors within a specific space and
time. Also, it aims in providing information associated with the location of critical assets, along
with the state, location, and status of potential threats facing such assets. The key solutions
available in the situation awareness systems include human-machine interface (HMI), physical
security information management, fire and flood alarm systems, and access control. These
solutions have potential application in disaster response, bio-surveillance, smart infrastructure
management, and environmental impact tracing.
High Development Cost of SAR due to Frequent Customization is the key factor expected to
restrain growth of the market
Synthetic Aperture Radar (SAR) systems are very important for the Earth Observation (EO)
business. Synthetic aperture radar satellites system are typically more expensive to develop,
and despite distinct advantages, the images are more complex, raising processing costs.
Conventional synthetic aperture radars can balance tens of thousands of pounds and as large as
a school bus. This are additionally responsible for providing significant capabilities for remote
sensing, communication and science, but this costs hundreds of millions of dollars per satellite
and may require years to build and launch. Owing to this huge investment required to construct,
promotion and operation is expected to restraint the growth of the global synthetic aperture
radar market during forecast period.
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Single-frequency band segment dominated the market in 2016 and expected to retain its
dominance during the forecast period
Among the frequency band segment, single-frequency band accounted for the largest share of
84.73% in the global SAR in space sector market in 2016. This growth is attributed to the growing
requirement of the data generated by SARs for various defense, research, and commercial
applications, including natural resource exploration and tracking ship movements in areas with
bad weather conditions. According to Coherent Market Insights analysis, ongoing marine trade
relations between Canada and North of Russia are highly prone to extreme weather conditions