Synthetic Aperture Radar Market Report Key Trends Growth Forecast – Datastring Consulting
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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.
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