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
Years Covered |
2020-2028 |
Estimated Year Value (2021) |
US $16.56 BN |
Projected Year Value (2028) |
US $49.11 BN |
CAGR (2021 - 2028) |
16.8% |
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
Largest Market |
North America |
Highest Growing Market |
Asia Pacific |
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
Table of Contents
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.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.