Product Code: PM3486
The global remote sensing services market size is expected to reach USD 51.87 billion by 2032, according to a new study by Polaris Market Research. The report "Remote Sensing Services Market Share, Size, Trends, Industry Analysis Report, By Application (Agriculture, Engineering & Infrastructure, Environmental & Weather, Energy & Power, Transportation & Logistics, and Others); By Platform; By Technology; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Rapidly increasing adoption of space-based technologies such as space-based intelligence, reconnaissance, and surveillance capabilities among advanced nations and growing investments to develop enhanced space-based satellite constellations, which allow them to command and control the forces, are key factors influencing the global market growth.
Additionally, the rising prevalence towards the combination of several data sources and faster analysis worldwide, have further led to remote sensing satellite gaining more traction and significance for carting wide range of applications. For instance, in October 2022, Russia, launched 'GLONASS-K, from the Plesetsk Cosmodrome station, by using a Soyuz-2.1b launch vehicle. The newly launched satellite is weighed 950 kilograms and is designed to be operated for at least 10 years, and working as a satellite navigation system.
Several new business models globally are emerging as a broad range of solutions and services enabled by sensor data obtained through satellites, drones, and aircraft. The rapid advent of start-ups taking benefits and advantages of improved and better technology and are also substantially reducing the cost of launching satellites, that makes these services more accessible beyond government and military. This sensing technology has rapidly advanced and gained prevalence across the world in terms of radiometric, spatial, & spectral resolution.
The possibility of increase in the number of upcoming missions with higher spatial & spectral resolution sensors in the orbit, will boost the utility of hyperspectral data in various research domains and will stimulate the number of users of HIS, that positively contributing towards the market growth.
Remote Sensing Services Market Report Highlights
Defense & security segment accounted for highest market share in 2022, on account of growing adoption of advanced technology to monitor criminal and descriptive activities
UAVs segment is anticipated to grow at a high CAGR during the forecast period, which is highly accelerated to high advances in technologies and data systems globally
Passive remote sensing segment held the majority market revenue share in 2022, mainly due to its increasing prevalence to measure the sunlight from the earth surface and providing high-quality pictures
North America region dominated the global market with largest share in 2022, owing to quick adoption of innovated technology and highly growing investments towards the development of defense sector across the region
The global key market players include: Orbital Insight, General Dynamics Mission Systems, Lockheed Martin, Hexagon, Maxar Technologies, and L3 Harris Technologies
Polaris Market Research has segmented the remote sensing services market report based on application, platform, technology, and region:
Remote Sensing Services, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Agriculture
- Engineering & Infrastructure
- Environmental & Weather
- Energy & Power
- Transportation & Logistic
- Defense & Security
- Maritime
- Insurance
- Academic & Research
- Others
Remote Sensing Services, Platform Outlook (Revenue - USD Billion, 2019 - 2032)
- Satellite
- UAVs
- Manned Aircraft
- Ground
Remote Sensing Services, Technology Outlook (Revenue - USD Billion, 2019 - 2032)
- Active Remote Sensing
- Passive Remote Sensing
Remote Sensing Services, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Remote Sensing Services Market Insights
- 4.1. Remote Sensing Services Market - Technology Snapshot
- 4.2. Remote Sensing Services Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increase in advancements in remote sensing technologies
- 4.2.1.2. Rise in need for remote sensing data in defense
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Higher initial investments
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Remote Sensing Services Market Technology Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Remote Sensing Services Market, by Platform
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 5.3. Satellite
- 5.3.1. Global Remote Sensing Services Market, by Satellite, by Region, 2019-2032 (USD Billion)
- 5.4. UAVs
- 5.4.1. Global Remote Sensing Services Market, by UAVs, by Region, 2019-2032 (USD Billion)
- 5.5. Manned Aircraft
- 5.5.1. Global Remote Sensing Services Market, by Manned Aircraft, by Region, 2019-2032 (USD Billion)
- 5.6. Ground
- 5.6.1. Global Remote Sensing Services Market, by Ground, by Region, 2019-2032 (USD Billion)
6. Global Remote Sensing Services Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 6.3. Agriculture
- 6.3.1. Global Remote Sensing Services Market, by Agriculture, by Region, 2019-2032 (USD Billion)
- 6.4. Engineering & Infrastructure
- 6.4.1. Global Remote Sensing Services Market, by Engineering & Infrastructure, by Region, 2019-2032 (USD Billion)
- 6.5. Environmental & Weather
- 6.5.1. Global Remote Sensing Services Market, by Environmental & Weather, by Region, 2019-2032 (USD Billion)
- 6.6. Energy & Power
- 6.6.1. Global Remote Sensing Services Market, by Energy & Power, by Region, 2019-2032 (USD Billion)
- 6.7. Transportation & Logistic
- 6.7.1. Global Remote Sensing Services Market, by Transportation & Logistic, by Region, 2019-2032 (USD Billion)
- 6.8. Defense & Security
- 6.8.1. Global Remote Sensing Services Market, by Defense & Security, by Region, 2019-2032 (USD Billion)
- 6.9. Maritime
- 6.9.1. Global Remote Sensing Services Market, by Maritime, by Region, 2019-2032 (USD Billion)
- 6.10. Insurance
- 6.10.1. Global Remote Sensing Services Market, by Insurance, by Region, 2019-2032 (USD Billion)
- 6.11. Academic & Research
- 6.11.1. Global Remote Sensing Services Market, by Academic & Research, by Region, 2019-2032 (USD Billion)
- 6.12. Others
- 6.12.1. Global Remote Sensing Services Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Remote Sensing Services Market, by Technology
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 7.3. Active Remote Sensing
- 7.3.1. Global Remote Sensing Services Market, by Active Remote Sensing, By Region, 2019-2032 (USD Billion)
- 7.4. Passive Remote Sensing
- 7.4.1. Global Remote Sensing Services Market, by Passive Remote Sensing, By Region, 2019-2032 (USD Billion)
8. Global Remote Sensing Services Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Remote Sensing Services Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Remote Sensing Services Market - North America
- 8.3.1. North America: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.3.2. North America: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.3.3. North America: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.3.4. Remote Sensing Services Market - U.S.
- 8.3.4.1. U.S.: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.3.5. Remote Sensing Services Market - Canada
- 8.3.5.1. Canada: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.4. Remote Sensing Services Market - Europe
- 8.4.1. Europe: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.4.3. Europe: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.4.4. Remote Sensing Services Market - UK
- 8.4.4.1. UK: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.4.5. Remote Sensing Services Market - France
- 8.4.5.1. France: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.4.5.3. France: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.4.6. Remote Sensing Services Market - Germany
- 8.4.6.1. Germany: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.4.7. Remote Sensing Services Market - Italy
- 8.4.7.1. Italy: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.4.8. Remote Sensing Services Market - Spain
- 8.4.8.1. Spain: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.4.9. Remote Sensing Services Market - Netherlands
- 8.4.9.1. Netherlands: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.4.10. Remote Sensing Services Market - Russia
- 8.4.10.1. Russia: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.5. Remote Sensing Services Market - Asia Pacific
- 8.5.1. Asia Pacific: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.5.4. Remote Sensing Services Market - China
- 8.5.4.1. China: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.5.4.3. China: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.5.5. Remote Sensing Services Market - India
- 8.5.5.1. India: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.5.5.3. India: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.5.6. Remote Sensing Services Market - Malaysia
- 8.5.6.1. Malaysia: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.5.7. Remote Sensing Services Market - Japan
- 8.5.7.1. Japan: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.5.8. Remote Sensing Services Market - Indonesia
- 8.5.8.1. Indonesia: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.5.9. Remote Sensing Services Market - South Korea
- 8.5.9.1. South Korea: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.6. Remote Sensing Services Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.6.4. Remote Sensing Services Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.6.5. Remote Sensing Services Market - UAE
- 8.6.5.1. UAE: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.6.6. Remote Sensing Services Market - Israel
- 8.6.6.1. Israel: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.6.7. Remote Sensing Services Market - South Africa
- 8.6.7.1. South Africa: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.7. Remote Sensing Services Market - Latin America
- 8.7.1. Latin America: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.7.4. Remote Sensing Services Market - Mexico
- 8.7.4.1. Mexico: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.7.5. Remote Sensing Services Market - Brazil
- 8.7.5.1. Brazil: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
- 8.7.6. Remote Sensing Services Market - Argentina
- 8.7.6.1. Argentina: Remote Sensing Services Market, by Platform, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Remote Sensing Services Market, by Technology, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Remote Sensing Services Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Maxar Technologies
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Planet Labs PBC
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. L3 Harris Technologies
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Airbus SE
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Trimble Inc
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Orbital Insight
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. General Dynamics Mission Systems Inc
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. DigitalGlobe
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Lockheed Martin Corporation
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Hexagon AB
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Antrix Corporation Limited
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Geo Sense Sdn Bhd
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Satellite Imaging Technology
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Sanborn Map Company
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. The Airborne Sensing Technology
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
- 10.16. Mallon Technology
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development