Press release
Remote Sensing Satellite Market Size, Share, Overview & Industry Growth by 2032
Remote Sensing Satellite Market
Acquisition of data from a distance is known as remote sensing. Remote sensing satellites collect data about the Earth's surface using different instruments and sensors from a considerable distance. These satellites have specialized sensors, including optical cameras, thermal sensors, LiDAR systems, multispectral and hyperspectral sensors, and others. Notable demand from the military sector and subsequent rise in adoption promise new growth opportunities for the market in the coming years.
Fortune Business Insightsโข mentioned this in a report titled "Remote Sensing Satellite Market, 2023-2030."
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/remote-sensing-satellite-market-107838
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐๐ฌ๐๐ง๐ญ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข Ramon.Space (U.S.)
โข Airbus (France)
โข Planet Labs PBC (U.S.)
โข Umbra Lab Inc. (U.S.)
โข Orbital Sidekick (U.S.)
โข Pixxel (India)
โข Satellite Imaging Corporation (U.S.)
โข Lockheed Martin Corporation (U.S.)
โข Northrop Grumman Corporation (U.S.)
โข Boeing (U.S.)
โข Thales Group (France)
โข Indian Space Research Organization (India)
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
๐๐๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐ฎ๐ ๐ญ๐จ ๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ญ๐๐ฅ๐ฅ๐ข๐ญ๐ ๐๐ข๐ฌ๐ฌ๐ข๐จ๐ง๐ฌ
By orbit, the market is divided into LEO, MEO, GEO, and others. The Lower Earth Orbit (LEO) segment dominates the market and is expected to grow fastest during the forecast period owing to increasing LEO satellite missions worldwide.
๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ฆ๐จ๐ญ๐ ๐๐๐ง๐ฌ๐ข๐ง๐ ๐๐๐ญ๐๐ฅ๐ฅ๐ข๐ญ๐๐ฌ ๐๐จ๐ซ ๐๐ข๐ฌ๐๐ฌ๐ญ๐๐ซ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐ซ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
By application, the market is classified into disaster management, weather forecasting, oceanography, ecology, and others. The disaster management segment is slated to dominate the market and have the highest CAGR over 2023-2030. High usage of remote sensing satellites in humanitarian operations drives the segmental growth.
๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐ข๐ฅ๐ข๐ญ๐๐ซ๐ฒ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ ๐๐ฒ ๐๐๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ฌ ๐๐ซ๐จ๐ฉ๐๐ฅ๐ฅ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
By end user, the market is divided into civil, military, and government. The military segment is estimated to dominate the market over 2023-2030. The rising investment of various countries in military advancement is propelling the growth of the segment.
๐๐ข๐ฌ๐ข๐ง๐ ๐๐ข๐ฅ๐ข๐ญ๐๐ซ๐ฒ ๐๐๐ญ๐๐ฅ๐ฅ๐ข๐ญ๐ ๐๐๐๐๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ฏ๐ ๐ญ๐ก๐ ๐๐๐จ๐ฏ๐ ๐,๐๐๐ ๐๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Based on payload, the market is segmented into less than 500 kg, 500 kg to 1,000 kg, and above 1,000 kg. The above 1,000 kg segment is estimated to have the largest market share during the forecast period. The rising need for military satellites by the Navy, army, and air force is driving the segment growth in the market.
Geographically, the market is studied across North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.
๐๐ฌ๐ค ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/remote-sensing-satellite-market-107838
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report offers:
โข Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
โข Comprehensive insights into regional developments.
โข List of major industry players.
โข Key strategies adopted by the market players.
โข The latest industry developments include product launches, partnerships, mergers, and acquisitions.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ & ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ฆ๐จ๐ญ๐ ๐๐๐ง๐ฌ๐ข๐ง๐ ๐ข๐ง ๐๐ข๐ฅ๐ข๐ญ๐๐ซ๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ ๐ ๐จ๐ฌ๐ญ๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Due to the growing territorial conflict, many countries are investing more in surveillance technologies to ensure security. The satellites have become an essential factor in determining the results of a war. The need for advanced Intelligence, Surveillance, and Reconnaissance (ISR) capabilities surges the demand for remote-sensing satellites in the military.
However, most LEO projects are multi-year and continue their trajectories for many years, which could impact the remote sensing satellite market growth slightly during the forecast period.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐๐๐ค๐๐ ๐๐ฒ ๐๐ข๐ฌ๐ข๐ง๐ ๐๐ข๐ฅ๐ข๐ญ๐๐ซ๐ฒ ๐๐๐ญ๐๐ฅ๐ฅ๐ข๐ญ๐ ๐๐๐ฆ๐๐ง๐
North America dominates the remote sensing satellite market share and was valued at USD 3.22 billion in 2022. High demand for satellites in the military sector is propelling the regional growth. Asia Pacific is poised to record the highest CAGR over 2023-2030 owing to the rising demand for remote sensing in India, South Korea, and China.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ฒ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ง๐ ๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ญ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ๐ฌ ๐ญ๐จ ๐๐๐ฅ๐ข๐ฏ๐๐ซ ๐๐ง๐ก๐๐ง๐๐๐ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ
Major key players of remote sensing satellite are focusing on agreements and deals to share satellites and data to increase cost-effective customer services globally. Umbra Lab Inc. and Ursa Major Technologies Inc. partnered to develop Synthetic Aperture Radar (SAR) imagery to capture satellite images through bad weather, clouds, darkness, and other conditions. Growing partnerships among market players will help strengthen the market outlook over the forecast period.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
๐ ๐๐๐ซ๐ฎ๐๐ซ๐ฒ ๐๐๐๐ - Maxar Technologies signed an agreement Umbra Lab Inc. to get Umbra's radar imaging constellation. The partnership will allow Maxar to task the satellites of Umbra and combine its synthetic radar data into its Earth intelligent services and products portfolio.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/remote-sensing-satellite-market-107838
๐๐๐๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐๐๐ญ๐๐ฅ๐ฅ๐ข๐ญ๐ ๐๐ฆ๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ
https://www.fortunebusinessinsights.com/satellite-imaging-market-103372
๐๐๐ญ๐๐ฅ๐ฅ๐ข๐ญ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐ง๐ ๐๐๐ฎ๐ง๐๐ก ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ
https://www.fortunebusinessinsights.com/satellite-manufacturing-and-launch-systems-market-103549
๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ
https://www.fortunebusinessinsights.com/wireless-infrastructure-market-102741
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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