Remote Sensing Technology Market, By Technology (Active Remote Sensing Passive Remote Sensing), By Application (Landscape Assessment, Geology and Mineral Exploration) - Global Forecast 2023
The remote sensing technology can be defined as characteristics of objects which can be identified, measured or analyzed without direct contact. Contribution of military forces in remote sensing technology includes infrared photography, thermal imagery, radar scanning, and satellites. The first type of technology, makes use of light in the infrared portion of electromagnetic spectrum. The infrared photography measures reflection of infrared radiation. Thermal imaging indicates the amount of radiation that is emitted by the source.
The market segmentation of remote sensing technology is done on technology and application. The segmentation on the basis of technology includes active sensing technology and passive sensing technology. Active sensor emits radiation which is directed toward the target to be investigated. The radiation reflected from the target is detected and measured by the sensor. Advantages for active sensors include the ability to obtain measurements anytime, regardless of the time of day or season. Active sensors can be used for examining wavelengths which are not sufficiently provided by the sun, such as microwaves and to better control the way a target is illuminated.
The global remote sensing technology market is expected to grow approximately at USD 18 Billion by 2023, at approx. of 10% CAGR between 2018 and 2023.
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Study Objectives of Remote Sensing Technology Market:
The regional analysis of remote sensing technology market in North America, Europe, Asia -Pacific and Rest of the World is as follows. Growing advancement in the remote sensing technology led to its expansion in land assessment techniques. The North-America market of remote sensing technology is leading because of the technological advancements and highly equipped and powerful defense force. Asia-Pacific region is expected to grow because of huge investment by government to enhance and strengthen defense technologies.
The prominent 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.
Remote sensing technology market segmentation on the basis of Technology and Application.
Remote Sensing Technology Market by Technology:
Remote Sensing Technology Market by Application:
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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