Remote Sensing Services Market Report 2031 by Segments, Geography, Dynamics, Recent Developments, and Strategic Insights

Remote Sensing Services Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Resolution (Spectral, Spatial, Radiometric, and Temporal); Platform Type (Aircraft, UAV, Satellite, and Ground); End User (Commercial and Defense) and Geography

  • Report Code : TIPAD00002464
  • Category : Aerospace and Defense
  • No. of Pages : 150

Remote Sensing Services Market SWOT and PEST Analysis 2031

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The remote sensing services market size is projected to reach US$ 52,294.38 million by 2031 from US$ 20,608.20 million in 2023. The market is expected to register a CAGR of 12.3% during 2023–2031. The increasing scope of big data in remote sensing services is likely to remain a key trend in the market.

Remote Sensing Services Market Analysis

The remote sensing technology developers create the technology for monitoring, mapping, and detection purposes of physical characteristics on the earth’s surface. Later comes the part of system integrators that includes satellite, ground equipment, and unmanned aerial vehicles. The final remote sensing technology is integrated into sensors, which are used by the mentioned system integrators for their final use in different parts of the county. This product, with the help of service providers such as AABSyS IT, is provided to cater needs of commercial and defense markets. The commercial market includes weather, forestry, agriculture, and more.

Remote Sensing Services Market Overview

The remote sensing services market primarily comprises sensor manufacturers, remote sensing technology developers, system integrators, service providers, and end users. The sensor manufacturers produce active and passive sensors, which are utilized in remote sensing applications that operate in infrared, visible, microwave portions, and thermal infrared of an electromagnetic spectrum.

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Remote Sensing Services Market: Strategic Insights

Remote Sensing Services Market
  • CAGR
    CAGR (2023 - 2031)
    12.3%
  • Market Size 2023
    US$ 20,608.20 Million
  • Market Size 2031
    US$ 52,294.38 Million

Market Dynamics

GROWTH DRIVERS
  • Diverse Application Areas of Remote Sensing
FUTURE TRENDS
  • Increasing Scope of Big Data
OPPORTUNITIES
  • Integration of Emerging and Sophisticated Technologies

Key Players

  • Antrix Corporation Limited
  • CyberSWIFT Infotech 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
  • SpecTIR

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market SegmentResolution
  • Spectral
  • Spatial
  • Radiometric
  • Temporal
Market SegmentPlatform Type
  • Aircraft
  • UAV
  • Satellite
  • Ground
Market SegmentEnd User
  • Commercial
  • Defense
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Remote Sensing Services Market Drivers and Opportunities

Diverse Application Areas of Remote Sensing to Favor Market

The military forces, agriculture department, forest, and weather forecasting departments are among the users of remote sensing services. In the military, the forces use satellite images and remote sensing in a broad array of applications, including intelligence, cartography, terrain analysis, battlefield management, military installation management, and monitoring of terrorist activity. The use of remote sensing is expected to expand in order to ensure the proper functioning of the mentioned applications in the military.

Incorporation of Emerging and Sophisticated Technologies

Implementation of high end technologies, such as application of lot in agriculture, automation, computer imaging, robotics and remote sensing, is growing. IoT-based remote sensing uses sensors placed in farms like weather stations to collect data transmitted to an analytical tool for analysis. Through sensors, the farmers can monitor crops from an analytical dashboard and make decisions based on information gathered. Below mentioned are some of the features provided by remote sensing. As farmers are getting more connected because of the digital environment, the state-of-the-art use of lot, cloud, and remote sensing technologies would help the farmers adopt an open agricultural ecosystem. Taking benefit of the high-end technologies has an elevated probability of globally fulfilling the demand for rising crop production. This aspect of integrating advanced technologies would magnify the scope of remote sensing, thereby contributing to market development.

Remote Sensing Services Market Report Segmentation Analysis

Key segments that contributed to the derivation of the remote sensing services market analysis are resolution, platform type and end user.

  • Based on the resolution, the remote sensing services market is divided into spectral, spatial, radiometric, and temporal. The spatial segment held a larger market share in 2023.
  • Based on the platform type, the remote sensing services market is divided into aircraft, UAV, satellite, and ground. The satellite segment held a larger market share in 2023.
  • Based on the end user, the remote sensing services market is divided into commercial and defense. The commercial segment held a larger market share in 2023.

Remote Sensing Services Market Share Analysis by Geography

The geographic scope of the remote sensing services market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.

The scope of the remote sensing services market report encompasses North America (the US, Canada, and Mexico), Europe (Russia, the UK, France, Germany, Italy, and the Rest of Europe), Asia Pacific (South Korea, India, Australia, Japan, China, and the Rest of Asia Pacific), the Middle East & Africa (Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa), and South & Central America (Argentina, Brazil, and the Rest of South & Central America). In terms of revenue, North America dominated the remote sensing services market share in 2023. Europe is the second-largest contributor to the global remote sensing services market, followed by Asia Pacific.

Remote Sensing Services Market Report Scope

Report Attribute Details
Market size in 2023 US$ 20,608.20 Million
Market Size by 2031 US$ 52,294.38 Million
Global CAGR (2023 - 2031) 12.3%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Resolution
  • Spectral
  • Spatial
  • Radiometric
  • Temporal
By Platform Type
  • Aircraft
  • UAV
  • Satellite
  • Ground
By End User
  • Commercial
  • Defense
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Antrix Corporation Limited
  • CyberSWIFT Infotech 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
  • SpecTIR
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Remote Sensing Services Market News and Recent Developments

The remote sensing services market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the remote sensing services market are listed below:

  • Mallon Technology won the Best Service Category award of GO Awards Northern Ireland 2020. The award is recognized for the excellent customer service provided by the company. (Source: Mallon Technology, Press Release, March 2020)
  • NorthStar Earth & Space Inc. announced a strategic business partnership with SpecTIR Hyperspectral & Remote Sensing Solutions of Reno, Nevada, to deliver comprehensive hyperspectral imaging services. SpecTIR's airborne hyperspectral image services will complement space-based hyperspectral image services delivered by NorthStar, the world's first global information platform to monitor Earth, its environment and near space. (Source SpecTIR, Press Release, January 2019)

Remote Sensing Services Market Report Coverage and Deliverables

The “Remote Sensing Services Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

  • Remote sensing services market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Remote sensing services market trends as well as market dynamics such as drivers, restraints, and key opportunities
  • Detailed PEST and SWOT analysis
  • Remote sensing services market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the remote sensing services market
  • Detailed company profiles
Report Coverage

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Segment Covered

Resolution ; Platform Type ; End User

Regional Scope

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


Which region dominated the remote sensing services market in 2023?

North America dominated the remote sensing services market in 2023.

What are the future trends of the remote sensing services market?

The increasing scope of big data in remote sensing services is the future trend of the remote sensing services market.

Which are the leading players operating in the remote sensing services market?

Antrix Corporation Limited, The Airborne Sensing Corporation, CyberSWIFT Infotech Pvt. Ltd., Geo Sense Sdn. Bhd., Mallon Technology, Satellite Imaging Corporation, EKOFASTBA S.L., Terra Remote Sensing Inc., Sanborn Map Company and SpecTIR are some of the leading players in the market.

What would be the estimated value of the remote sensing services market by 2031?

US$ 52,294.38 million estimated value of the remote sensing services market by 2031.

What is the expected CAGR of the remote sensing services market?

12.3% is the expected CAGR of the remote sensing services market.

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