Remote Sensing Technology Market Increasing Demand, Growth Analysis and Future Outlook by 2030

The global remote sensing technology market is anticipated to grow at a significant CAGR of 11.1% during the forecast period (2023-2030). The remote sensing technology market is being driven by several factors, including the need for better resource utilization and management, the trend of smart cities, and the increasing adoption of earth observation satellites. Remote sensing technology is an effective tool for monitoring and analyzing environmental changes, such as deforestation, land-use changes, glacier retreat, and air pollution. The increasing availability of earth observation (EO) data results in a growing number of firms penetrating the "downstream" space sector, providing a diverse range of innovative services and applications.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/remote-sensing-technology-market

Microwave remote sensing satellite designed for comprehensive Earth observation. Its objectives include studying land ecosystems, solid earth deformation, mountain and polar cryosphere dynamics, sea ice behaviour, and coastal ocean phenomena at both regional and global scales. For instance, in November 2023, India & the US to launch a joint microwave remote-sensing satellite for Earth observation. The satellite is named NISAR (NASA-ISRO Synthetic Aperture Radar). NISAR is highly suitable for studying the land ecosystems, deformation of solid earth, mountain and polar cryosphere, sea ice and coastal oceans on a regional to global scale.

Remote sensing technology allows for the collection of data without physical contact with the object or area being observed. These include wasteland mapping and monitoring, soil resources mapping, crop production forecasting, horticultural development, cropping system analysis, precision farming and others. For instance, in November 2022, China launched Yaogan 34 remote-sensing satellite. This remote sensing satellite be used in areas such as land resources survey, urban planning, crop yield estimation, and disaster prevention and mitigation.

Modern farming taking place on such a vast scale - with many farms in the thousands of acres - makes satellite detection a critical way to collect data affordably. For instance, in March 2023, InnerPlant and Satellogic launched the first-ever device for detecting human-made crop signals from space. High-resolution, high-quality remote-sensing imagery holds tremendous potential for critical human endeavours.

Market Coverage

• The market number available for - 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Technology
o By Platform
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includesHexagon AB, L3Harris Technologies, Inc., Maxar Technologies, Remote Sensing Solutions GmbH, Trimble Inc., and others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Remote Sensing Technology Market Report Segment

By Technology

• Active Sensing
• Passive Sensing

By Platform

• Satellite
• Aerial Systems

By Application

• Agriculture & Living Resources
• Military & Intelligence
• Disaster Management
• Weather
• Others (Infrastructure)

A full report of Remote Sensing Technology Market available @ https://www.omrglobal.com/industry-reports/remote-sensing-technology-market

Remote Sensing Technology Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• AIRBUS SE
• Ball Corp.
• Climet Instruments Company
• Esri
• European Space Agency
• General Dynamics Mission Systems, Inc.
• Hexagon AB
• Honeywell International Inc.
• Intermap Technologies
• L3Harris Technologies, Inc.
• Lockheed Martin Corp.

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.


Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.