Remote Sensing Technology Market, Global Outlook and Forecast 2023-2029
The remote sensing technology can be defined as characteristics of objects which can be identified, measured or analyzed without direct contact. Contribution of military forces in remote sensing technology includes infrared photography, thermal imagery, radar scanning, and satellites. The first type of technology, makes use of light in the infrared portion of electromagnetic spectrum. The infrared photography measures reflection of infrared radiation. Thermal imaging indicates the amount of radiation that is emitted by the source.
This report aims to provide a comprehensive presentation of the global market for Remote Sensing Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Remote Sensing Technology. This report contains market size and forecasts of Remote Sensing Technology in global, including the following market information:
Global Remote Sensing Technology Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Remote Sensing Technology market was valued at US$ 10420 million in 2022 and is projected to reach US$ 15470 million by 2029, at a CAGR of 5.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Growing advancement in the remote sensing technology led to its expansion in land assessment techniques. The North-America market of remote sensing technology is leading because of the technological advancements and highly equipped and powerful defense force. Asia-Pacific region is expected to grow because of huge investment by government to enhance and strengthen defense technologies.
We surveyed the Remote Sensing Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Remote Sensing Technology Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Remote Sensing Technology Market Segment Percentages, by Type, 2022 (%)
Active Remote Sensing
Passive Remote Sensing
Global Remote Sensing Technology Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Remote Sensing Technology Market Segment Percentages, by Application, 2022 (%)
Landscape Assessment
Air Quality
Water Quality
Floodplain Mapping and Emergency Management
Healthcare
Geology and Mineral Exploration
Oceanography
Agriculture
Others
Global Remote Sensing Technology Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Remote Sensing Technology Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Remote Sensing Technology revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Remote Sensing Technology revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
General Dynamics Corp. (US)
Northrop Grumman Corporation (US)
Raytheon Corporation (US)
Lockheed Martin Corporation (US)
Honeywell TechnologySolutionsInc.(US)
ITT Corp. (US)
Thales Group (France)
Lumasense Technologies(US)
Leica Geosystems Holdings AG (Switzerland)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Remote Sensing Technology, market overview.
Chapter 2: Global Remote Sensing Technology market size in revenue.
Chapter 3: Detailed analysis of Remote Sensing Technology company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Remote Sensing Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
