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Remote Sensing Services Market

Remote Sensing Services Market Forecasts to 2028 – Global Analysis By Type (Resolution, Radiometric), Application (Bedrock Mapping, Coastal Analysis), End User (Civil, Freight) and By Geography

4.4 (46 reviews)
Published: February 2022 ID: SMRC20418
4.4 (46 reviews)
Published: February 2022 ID: SMRC20418

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Remote Sensing Services Market is accounted for $16.56 billion in 2021 and is expected to reach $49.11 billion by 2028 growing at a CAGR of 16.8% during the forecast period. Remote sensing refers to the attainment of data about phenomena or physical objects through the process of recording, measuring, and interpreting digital images from remote places. Remote sensing satellites are equipped with highly efficient sensors which measure the thermal infrared radiation emitted from the earth.

Market Dynamics:

Driver:

The growing use of remote sensing services


The increasing use of remote sensing services in defense and commercial applications is one of the most significant factors driving the growth of the market. Furthermore, the introduction of Big Data analytics in remote sensing and the growth of the cloud computing market are anticipated to fuel the demand for remote sensing services.

Restraint:

Lack of awareness


The obstacles include the lack of awareness, which must be overcome through outreach and proper training in remote sensing, and inadequate spatial, spectral and temporal data resolutions, which are being addressed as new sensor systems are launched and currently overlooked (and underutilized) sensors are newly discovered by the health community.

Opportunity:

Growth of the cloud computing


With the rapid development of remote sensing technology, the ability to obtain remote sensing data has been improved to an unprecedented level. It has entered an era of big data. Remote sensing data clear shows the characteristics of Big Data such as hyper spectral, high spatial resolution, and high time resolution, thus, resulting in a significant increase in the volume, variety, velocity and veracity of data.

Threat:

Interoperability issues


The key to using data from these sources is to understand their capabilities, characteristics, and operational performance, as well as the quality of the data they produce. In addition to the characterization of the performance of individual sensors over time, it is equally important to understand the interoperability between similar sensors. This Special Issue aims to provide the user community with a good understanding of the radiometric, geometric, and spatial characteristics of the large and small satellite sensors that work in the optical domain with high to medium spatial resolution.

The unmanned aerial vehicles (UAVs) segment is expected to have the highest CAGR during the forecast period

The unmanned aerial vehicles (UAVs) segment is growing at the highest CAGR in the market. The increasing developments in Unmanned Aerial Vehicles (UAVs) platforms and associated sensing technologies, adapted to these platforms, offer a broad range of solutions for different applications related to the acquisition of information about objects, structures or phenomenon at the Earth level, based on observations on the surface seas and oceans and in the atmosphere.

The satellites segment is expected to be the largest during the forecast period

The satellites segment is expected to be the largest share during the forecast period. Satellite imagery data are used for various applications such as earth observation & meteorology, scientific research & exploration, mapping & navigation, and surveillance & security.

Region with highest share:

North America is projected to hold the largest share in the market due to the increasing demand for remote sensing services in various sectors, such as oil & gas, mineral exploration, agriculture, energy & power, earth observation, search & rescue, weather forecasting, scientific research, forest industry, and oceanography.

Region with highest CAGR:

The Asia Pacific is projected to have the highest CAGR due to the high demand for remote sensing services in various applications, such as precision farming, 3D terrain model construction, damage assessment, pipeline monitoring, geohazard mapping, mineral exploration, and defense and intelligence.

Key players in the market:

Some of the key players profiled in the Remote Sensing Services Market include The Sanborn Map Company, The Airborne Sensing Corporation, Terra Remote Sensing, Cyberswift, Digitalglobe, Ekofastba, GEO Sense SDN. BHD, Mallon Technology, Remote Sensing Solutions, Satellite Imaging Corporation, Spectir, Antrix, Ball Corporation, Lockheed Martin Corporation, The Boeing Company, and Space Exploration Technologies Corporation.

Key developments:

In April 2020: Lockheed Martin expanded software-defined Pony Express satellites payloads. Pony Express 1 was launched as a hosted payload on the Tyvak-0129 nanosatellite. It is a dual-use payload, according to Lockheed Martin, testing space-to-ground remote sensing and developing mesh networks in space.

Systems Covered:
• Satellite Communications (SATCOM)             
• Electro-Optical/Infra-Red (EO/IR)            
• Radar

Platforms Covered:
• Unmanned Aerial Vehicles (UAVs)            
• Satellites            
• Manned Aircraft            
• Ground

Types Covered:
• Aerial Photography & Remote Sensing            
• Data Acquisition & Analytics

Resolutions Covered:
• Radiometric           
• Spatial           
• Spectral           
• Temporal

Remote Sensing Technologies Covered:
• Passive            
• Active

Applications Covered:
• 3-D Terrain Model Construction             
• Bedrock Mapping             
• Coastal Analysis             
• Damage Assessment             
• Defense and Intelligence             
• Disaster Management             
• Earth Observation             
• Geohazard Mapping             
• Lithological Mapping             
• Meteorology             
• Mineral Exploration             
• Navigation             
• Pipeline Monitoring             
• Precision Farming             
• Structural Mapping 
• Telecommunication             
• Audit, Surveillance, Inspection & Monitoring 

End Users Covered:
• Defense            
• Commercial            
• Civil            
• Freight             
• Transportation            
• Military

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary        
         
2 Preface        

 2.1 Abstract       
 2.2 Stake Holders       
 2.3 Research Scope       
 2.4 Research Methodology       
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions      
         
3 Market Trend Analysis        
 3.1 Introduction       
 3.2 Drivers       
 3.3 Restraints       
 3.4 Opportunities       
 3.5 Threats       
 3.6 Application Analysis       
 3.7 End User Analysis       
 3.8 Emerging Markets       
 3.9 Impact of Covid-19        
         
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry       
         
5 Global Remote Sensing Services Market, By System        
 5.1 Introduction       
 5.2 Satellite Communications (SATCOM)                   
 5.3 Electro-Optical/Infra-Red (EO/IR)                   
 5.4 Radar       
         
6 Global Remote Sensing Services Market, By Platform        
 6.1 Introduction       
 6.2 Unmanned Aerial Vehicles (UAVs)                   
 6.3 Satellites                   
 6.4 Manned Aircraft                   
 6.5 Ground       
         
7 Global Remote Sensing Services Market, By Type        
 7.1 Introduction       
 7.2 Aerial Photography & Remote Sensing                   
 7.3 Data Acquisition & Analytics       
         
8 Global Remote Sensing Services Market, By Resolution         

 8.1 Introduction        
 8.2 Radiometric                   
 8.3 Spatial                   
 8.4 Spectral                   
 8.5 Temporal       
         
9 Global Remote Sensing Services Market, By Remote Sensing Technology          

 9.1 Introduction       
 9.2 Passive                   
 9.3 Active       
         
10 Global Remote Sensing Services Market, By Application        

 10.1 Introduction       
 10.2 3-D Terrain Model Construction                   
 10.3 Bedrock Mapping                   
 10.4 Coastal Analysis                   
 10.5 Damage Assessment                   
 10.6 Defense and Intelligence                   
 10.7 Disaster Management                   
 10.8 Earth Observation                   
 10.9 Geohazard Mapping                    
 10.10 Lithological Mapping                   
 10.11 Meteorology                   
 10.12 Mineral Exploration                   
 10.13 Navigation                   
 10.14 Pipeline Monitoring                   
 10.15 Precision Farming                    
 10.16 Structural Mapping       
 10.17 Telecommunication                   
 10.18 Audit, Surveillance, Inspection & Monitoring       
         
11 Global Remote Sensing Services Market, By End User        
 11.1 Introduction        
 11.2 Defense                   
  11.2.1 Defense Organizations                 
  11.2.2 Homeland Security Agencies                 
 11.3 Commercial                   
  11.3.1 Media & Entertainment                 
  11.3.2 Scientific Research                  
  11.3.3 Weather Forecasting                 
  11.3.4 Agriculture                 
  11.3.5 Energy & Power                 
 11.4 Civil                   
 11.5 Freight                    
 11.6 Transportation                   
 11.7 Military       
         
12 Global Remote Sensing Services Market, By Geography        
 12.1 Introduction       
 12.2 North America       
  12.2.1 US      
  12.2.2 Canada      
  12.2.3 Mexico      
 12.3 Europe       
  12.3.1 Germany       
  12.3.2 UK      
  12.3.3 Italy      
  12.3.4 France      
  12.3.5 Spain      
  12.3.6 Rest of Europe      
 12.4 Asia Pacific       
  12.4.1 Japan      
  12.4.2 China      
  12.4.3 India      
  12.4.4 Australia      
  12.4.5 New Zealand      
  12.4.6 South Korea      
  12.4.7 Rest of Asia Pacific      
 12.5 South America       
  12.5.1 Argentina      
  12.5.2 Brazil      
  12.5.3 Chile      
  12.5.4 Rest of South America      
 12.6 Middle East & Africa       
  12.6.1 Saudi Arabia      
  12.6.2 UAE      
  12.6.3 Qatar      
  12.6.4 South Africa      
  12.6.5 Rest of Middle East & Africa      
         
13 Key Developments        
 13.1 Agreements, Partnerships, Collaborations and Joint Ventures       
 13.2 Acquisitions & Mergers       
 13.3 New Product Launch       
 13.4 Expansions       
 13.5 Other Key Strategies       
         
14 Company Profiling        
 14.1 The Sanborn Map Company                   
 14.2 The Airborne Sensing Corporation                   
 14.3 Terra Remote Sensing                   
 14.4 Cyberswift                   
 14.5 Digitalglobe                   
 14.6 Ekofastba                   
 14.7 GEO Sense SDN. BHD.                   
 14.8 Mallon Technology                    
 14.9 Remote Sensing Solutions                    
 14.10 Satellite Imaging Corporation                   
 14.11 Spectir                   
 14.12 Antrix                   
 14.13 Ball Corporation                   
 14.14 Lockheed Martin Corporation                   
 14.15 The Boeing Company                   
 14.16 Space Exploration Technologies Corporation       


List of Tables         
1 Global Remote Sensing Services Market Outlook, By Region (2020-2028) ($MN)         
2 Global Remote Sensing Services Market Outlook, By System (2020-2028) ($MN)        
3 Global Remote Sensing Services Market Outlook, By Satellite Communications (SATCOM) (2020-2028) ($MN)        
4 Global Remote Sensing Services Market Outlook, By Electro-Optical/Infra-Red (EO/IR) (2020-2028) ($MN)        
5 Global Remote Sensing Services Market Outlook, By Radar (2020-2028) ($MN)        
6 Global Remote Sensing Services Market Outlook, By Platform (2020-2028) ($MN)        
7 Global Remote Sensing Services Market Outlook, By Unmanned Aerial Vehicles (UAVs) (2020-2028) ($MN)        
8 Global Remote Sensing Services Market Outlook, By Satellites (2020-2028) ($MN)        
9 Global Remote Sensing Services Market Outlook, By Manned Aircraft (2020-2028) ($MN)        
10 Global Remote Sensing Services Market Outlook, By Ground (2020-2028) ($MN)        
11 Global Remote Sensing Services Market Outlook, By Type (2020-2028) ($MN)        
12 Global Remote Sensing Services Market Outlook, By Aerial Photography & Remote Sensing (2020-2028) ($MN)        
13 Global Remote Sensing Services Market Outlook, By Data Acquisition & Analytics (2020-2028) ($MN)        
14 Global Remote Sensing Services Market Outlook, By Resolution  (2020-2028) ($MN)        
15 Global Remote Sensing Services Market Outlook, By Radiometric (2020-2028) ($MN)        
16 Global Remote Sensing Services Market Outlook, By Spatial (2020-2028) ($MN)        
17 Global Remote Sensing Services Market Outlook, By Spectral (2020-2028) ($MN)         
18 Global Remote Sensing Services Market Outlook, By Temporal (2020-2028) ($MN)        
19 Global Remote Sensing Services Market Outlook, By Remote Sensing Technology  (2020-2028) ($MN)        
20 Global Remote Sensing Services Market Outlook, By Passive (2020-2028) ($MN)        
21 Global Remote Sensing Services Market Outlook, By Active (2020-2028) ($MN)        
22 Global Remote Sensing Services Market Outlook, By Application (2020-2028) ($MN)        
23 Global Remote Sensing Services Market Outlook, By 3-D Terrain Model Construction (2020-2028) ($MN)        
24 Global Remote Sensing Services Market Outlook, By Bedrock Mapping (2020-2028) ($MN)        
25 Global Remote Sensing Services Market Outlook, By Coastal Analysis (2020-2028) ($MN)         
26 Global Remote Sensing Services Market Outlook, By Damage Assessment (2020-2028) ($MN)        
27 Global Remote Sensing Services Market Outlook, By Defense and Intelligence (2020-2028) ($MN)        
28 Global Remote Sensing Services Market Outlook, By Disaster Management (2020-2028) ($MN)        
29 Global Remote Sensing Services Market Outlook, By Earth Observation (2020-2028) ($MN)        
30 Global Remote Sensing Services Market Outlook, By Geohazard Mapping (2020-2028) ($MN)        
31 Global Remote Sensing Services Market Outlook, By Lithological Mapping (2020-2028) ($MN)        
32 Global Remote Sensing Services Market Outlook, By Meteorology (2020-2028) ($MN)        
33 Global Remote Sensing Services Market Outlook, By Mineral Exploration (2020-2028) ($MN)        
34 Global Remote Sensing Services Market Outlook, By Navigation (2020-2028) ($MN)        
35 Global Remote Sensing Services Market Outlook, By Pipeline Monitoring (2020-2028) ($MN)        
36 Global Remote Sensing Services Market Outlook, By Precision Farming (2020-2028) ($MN)        
37 Global Remote Sensing Services Market Outlook, By Structural Mapping (2020-2028) ($MN)        
38 Global Remote Sensing Services Market Outlook, By Telecommunication (2020-2028) ($MN)         
39 Global Remote Sensing Services Market Outlook, By Audit, Surveillance, Inspection & Monitoring (2020-2028) ($MN)        
40 Global Remote Sensing Services Market Outlook, By End User (2020-2028) ($MN)        
41 Global Remote Sensing Services Market Outlook, By Defense (2020-2028) ($MN)        
42 Global Remote Sensing Services Market Outlook, By Defense Organizations (2020-2028) ($MN)        
43 Global Remote Sensing Services Market Outlook, By Homeland Security Agencies (2020-2028) ($MN)         
44 Global Remote Sensing Services Market Outlook, By Commercial (2020-2028) ($MN)        
45 Global Remote Sensing Services Market Outlook, By Media & Entertainment (2020-2028) ($MN)        
46 Global Remote Sensing Services Market Outlook, By Scientific Research (2020-2028) ($MN)        
47 Global Remote Sensing Services Market Outlook, By Weather Forecasting (2020-2028) ($MN)        
48 Global Remote Sensing Services Market Outlook, By Agriculture (2020-2028) ($MN)        
49 Global Remote Sensing Services Market Outlook, By Energy & Power (2020-2028) ($MN)        
50 Global Remote Sensing Services Market Outlook, By Civil (2020-2028) ($MN)        
51 Global Remote Sensing Services Market Outlook, By Freight  (2020-2028) ($MN)        
52 Global Remote Sensing Services Market Outlook, By Transportation (2020-2028) ($MN)        
53 Global Remote Sensing Services Market Outlook, By Military (2020-2028) ($MN)        
         
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.         
         

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