The remote sensing services market was valued at US$ 13,025.5million in 2019 and is projected to reach US$ 37,650.7million by 2027; it is expected to grow at a CAGR of 14.8% from 2020 to 2027. Remote sensing services providers facilitate the identification of processes, events, and objects at a distance through the detection of emitted or reflected electromagnetic radiations. Remote sensing permits covering large territories in a repetitive manner and acquiring data that are more valuable than the data collected through traditional aerial photography. The technique uses satellite/airborne sensors to perform its function. Aerial photography; hyperspectral imaging; multispectral imaging; oblique aerial and ground, visible band and thermographic imaging; long-wave infrared; and near-infrared surveys are among the techniques used for collecting information via remote sensing for different applications, ranging from urban city mapping, forest and agriculture, and weather to military and defense. Few specific applications of images obtained through remote sensing include tracking of the growth of cities and recording changes in forests and land use, mapping of wild forest fires from space that aid visibility in much larger area to tracking clouds for making predictions about weather or natural disasters such as volcanoes or dust storms.
The global remote sensing services market is segmented on the basis of resolution, platform type, end user, and geography, upon the extensive analysis of business offerings of considerable market players and selected end users.Based on resolution, the spatial segment dominated the remote sensing services market in 2019; with the expanding scope of geographic information system for mapping and analyzing events on earth, the use of remote sensing service is also growing.
On the basis of platform type, the satellite segment held largest market share owing to the growing use of optical remote sensing satellites to detect electromagnetic energy on earth’s surface. Moreover, based on end user, the commercial segment dominated the remote sensing service market in 2019.
Antrix Corporation Limited, CyberSWIFTInfotech Pvt. Ltd., Geo Sense Sdn. Bhd., Mallon Technology, EKOFASTBA S.L., Satellite Imaging Corporation, Terra Remote Sensing Inc., The Airborne Sensing Corporation, Sanborn Map Company, and SpecTIR are among the key remote sensing services market players profiled in this research study.
Impact of COVID-19 Pandemic on Remote Sensing Services Market
COVID-19 outbreak, which began in Wuhan (China) in December 2019, has rapidly spread across the globe.China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the countries with the significantly high number of confirmed cases and reported deaths as of March 2020.
The COVID-19 outbreak has affected economies and industries in various countries due to the imposition of lockdowns, travel bans, and business shutdowns. The overall market collapse due to the pandemic is affecting the growth of the remote sensing services market due to factory shutdowns, offset supply chains, and global economy downturns.
Overall size of the global remote sensing services market has been derived in accordance to primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants involved in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the remote sensing service market.
Our reports have been used by over 10K customers, including:
400 pages •
By The Business Research Company
• Jan 2021
Major companies in the retail market include Wal-Mart; Costco; Kroger; Amazon Inc and Home Depot. The global retail market is expected to grow from $20298.69 billion in 2020 to $22438.07 billion in 2021 at a compound annual growth rate (CAGR) of 10.5%. The growth is mainly due to the companies rearranging their operations and recovering...
The South America agriculture drone service market was valued at US$ 9.66 million in 2019 and is projected to reach US$ 64.02 million by 2027; it is expected to grow at a CAGR of 27.0% from 2020 to 2027. Agriculture drone services are utilized in the farming application to save cost, and apply real-time analysis for crop management.The...
Global UAS Traffic Management (UTM) System Market to Grow at a CAGR of 17.13% from 2021-2031 Key Questions Answered in this Report: • What are the enabling technologies within the UAS traffic management (UTM) system market? • What is the demand for commercial drones for various applications? •...
120 pages •
By Infiniti Research Limited
• Sep 2020
Global Counter Unmanned Aerial Vehicle Defense System Market 2020-2024
The analyst has been monitoring the counter unmanned aerial vehicle defense system market and it is poised to grow by $ 580.12 mn during 2020-2024, progressing at a CAGR of 10% during the forecast period. Our reports on counter unmanned aerial vehicle...
The inspection drone for confined space market in Europe is expected to grow from US$ 217.19 million in 2019 to US$ 542.17 million by 2027; it is estimated to grow at a CAGR of 12.4% from 2020 to 2027. The coming up of fast and advanced distribution channels is expected to drive the Europe inspection drone for confined space market.The...
The anti-drone market was valued at USD 0.6 billion in 2020 and is projected to reach USD 2.4 billion by 2025; it is expected to grow at a CAGR of 32.2% from 2020 to 2025. Major factors driving the growth of this market are increasing use of drones terrorism and illicit activities worldwide and rising incidences of security breaches by unidentified...
The global inspection drones for confined spaces market was valued at US$ 795.12 million in 2019 and is expected to reach US$ 1,936.32 million by 2027 with a CAGR of 12.1% from 2020 to 2027. The market is majorly driven by the continuousR&D activities to innovate novel technologies and improve current inspection drones.Key players in...
Abstract Unmanned Aerial Vehicles Procurement in the US This report is intended to assist buyers of unmanned aerial vehicles (UAVs), which are also referred to as drones. The Federal Aviation Administration (FAA) defines unmanned aerial vehicles as aircraft that are operated without the possibility of human...
The defense drone antenna market was valued at US$ 539.42 million in 2019 and is projected to reach US$ 872.38 million by 2027; it is expected to grow at a CAGR of 6.6% from 2020 to 2027. Factors such as increased drone procurement by military forces due to higher defense budgets and mounting interest in circular omni-directional antennas...
120 pages •
By Infiniti Research Limited
• Sep 2020
Global Drone Data Link System Market 2020-2024
The analyst has been monitoring the drone data link system market and it is poised to grow by $ 3.07 bn during 2020-2024 progressing at a CAGR of 32% during the forecast period. Our reports on drone data link system market provides a holistic analysis, market size and forecast,...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.