Market Research Future (MRFR) recognizes the following companies as the key players in the Remote Sensing Technology Market are- General Dynamics Corp. (U.S.), Northrop Grumman Corporation (U.S.), Raytheon Corporation (U.S.), Lockheed Martin Corporation (U.S.), Honeywell Technology Solutions Inc. (U.S.), ITT Corp. (U.S.), Thales Group (France), Lumasense Technologies, Inc. (U.S.), Leica Geosystems Holdings AG (Switzerland) among others.
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The remote sensing technology market is growing rapidly because of the advancements intechnology and demand for high-tech sensing system. Remote sensing systems which measure energy that is naturally available are called passive sensors. Passive sensors can be used only to detect energy which are naturally available, the example of passive sensors can be the reflected energy that takes place only when the sun is illuminating the earth. Energy that is naturally emitted such as thermal infrared and can be detected at day or night, as long as the amount of energy is large enough to be recorded.
Remote-sensing technology now a days is performed mainly in aboard airplanes rather than satellites, using ordinary analogue photography within the visible spectrum. Stereoscopic techniques supports the visualization of relief, elevation and other inequalities on a land surface. Human’s eye view stereoscopically, that means the distance between two eyes on their face results in two different image each of eye see.
According to Market Research Future Analysis, global remote sensing technology market has been valued at approximately USD 18 Billion by the end of forecast period with approx. 10% of CAGR during forecast period 2018 to 2023.
Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:
By application type segment, remote sensing technology market consists of landscape assessment, air, quality, water, quality, floodplain mapping and emergency management, healthcare, geology and mineral exploration, oceanography and agriculture. Remote sensors are used in electronics-based medical equipment to convert various forms of stimuli into electrical signals for analysis. Sensors can increase the intelligence of medical equipment, such as life-supporting implants, and can enable bedside and remote monitoring of vital signs and other health factors.
The global Remote Sensing Technology Market has been segmented on the basis of application, technology, and region. On the basis of application, the market has been segmented into agriculture, air quality, floodplain mapping and emergency management, geology and mineral exploration, healthcare, landscape assessment, oceanography, water quality, and others. Based on technology, the market has been segmented into active remote sensing and passive remote sensing. Radiation emitted by the active sensor is directed toward the target to be investigated. Once the target is detected, the radiation gets reflected and measured by the sensor. Advantages of active sensors that are driving its market include the ability to obtain measurements 24/7 (irrespective of the season). Active sensors have their own illumination source. Passive sensors measure reflected sunlight emitted from the sun.
- IT Solution Providers
- Government Organizations
- Research/Consultancy firms
- Sensors Manufacturers
- Technology Solution Providers
- Defense Force Organization
By region, MRFR analysis shows that North America region accounts for largest market in remote sensing technology market because of increasing number of harmful radiation and its application in aircrafts. The Asia-Pacific is constantly investing into research and development of remote sensing technology market to emerge as powerful defense force. The European region is expected to be fastest growing because of the installation of remote sensing device (RSD) system in vehicles which enables to measure the emissions of vehicles in motion and implementation of it in economic, environment and social performance.
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Latest Industry News
- The Center for the Advancement of Science in Space (CASIS) that holds expertise in remote sensing technology has announced a sponsored program up to $4.5 million in collaboration with Teledyne Brown Engineering (TBE) that offers advanced manufacturing solutions for harsh environments in defense, energy, space, and maritime industries. This program offers researchers the ability to propose flight project concepts for the International Space Station (ISS) that are focused on remote sensing and Earth observation. 20 AUG 2018
- Land O’Lakes are selling Geosys, their global digital agriculture company, which was once founded by agronomists, FOR us $ 20 mn. Geosys offers real-time, actionable insights to its customers based on satellite and weather technology. 23 AUG 2018
TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH TYPE
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS
LIST OF TABLES
TABLE 1 REMOTE SENSING TECHNOLOGYN MARKET, BY TECHNOLOGY
TABLE 2 REMOTE SENSING TECHNOLOGY MARKET, BY APPLICATION
TABLE 3 REMOTE SENSING TECHNOLOGY MARKET, BY REGION
TABLE 4 NORTH AMERICA REMOTE SENSING TECHNOLOGY MARKET, BY TECHNOLOGY
TABLE 5 NORTH AMERICA REMOTE SENSING TECHNOLOGYMARKET, BY APPLICATION
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LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 REMOTE SENSING TECHNOLOGY MARKET: BY TECHNOLOGY (%)
FIGURE 3 REMOTE SENSING TECHNOLOGY MARKET: BY APPLICATION (%)
FIGURE 4 REMOTE SENSING TECHNOLOGY MARKET: BY REGION (%)
FIGURE 5 NORTH AMERICA REMOTE SENSING TECHNOLOGY MARKET, BY TECHNOLOGY (%)
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