The report "Remote Sensing
Services Market by Platform
(Satellites, UAVs, Manned Aircraft, and Ground), End User (Defense and
Commercial), Resolution (Spatial, Spectral, Radiometric, and Temporal), and
Region - Global Forecast to 2022", The remote sensing services market is estimated to be USD 10.68
Billion in 2017 and is projected to reach USD 21.62 Billion by 2022, at a CAGR
of 15.14% during the forecast period. The increasing use of remote sensing
services in defense and commercial applications is one of the most significant
factors driving the growth of the remote sensing services market. Furthermore,
the introduction of Big Data analytics in remote sensing and growth of the
cloud computing market are anticipated to fuel the demand for remote sensing
services.
Browse 71 Market Data Tables and 30
Figures spread through 124 Pages and in-depth TOC on "Remote Sensing Services Market - Global
Forecast to 2022"
Based on platform, the satellites segment is
expected to lead the remote sensing services market during the forecast period
Based on platform, the satellites segment is expected to lead the
remote sensing services market during the forecast period, owing to the
increased demand for Earth observation satellites. These satellites are
intended for monitoring of the Earth’s surface to obtain valuable information
for mapping, mineral exploration, land-use planning, resource management, and
other activities.
The UAVs segment of the remote sensing services
market is anticipated to grow at the highest CAGR during the forecast period
Based on platform, the UAVs segment of the remote sensing services
market is expected to grow at the highest CAGR from 2017 to 2022. UAVs are
considered to be the most preferred remote sensing platform. UAV-based remote
sensing services are used for large-scale mapping, real-time assessment, and
monitoring activities of various applications, such as precision farming, 3D
terrain model construction, damage assessment, geohazard mapping, and mineral
exploration.
North America is projected to account for the
largest share of the remote sensing services market in 2017
North America is estimated to lead the remote sensing services
market in 2017. Increasing demand for remote sensing services in various
sectors, such as oil & gas, mineral exploration, agriculture, energy &
power, earth observation, search & rescue, weather forecasting, scientific
research, forest industry, and oceanography is anticipated to drive the growth
of the remote sensing services market in North America. In addition, remote
sensing services facilitate the collection of multi-source imagery data used in
Geographic Information Systems (GIS) as well as for damage assessment and
environmental monitoring, which, in turn, is anticipated to contribute to the
growth of the remote sensing services market in this region.
Antrix Corporation (India), DigitalGlobe (US), EKOFASTBA (Spain),
Geo Sense (Malaysia), Mallon Technology (UK), Remote Sensing Solutions
(Germany), SpecTIR (US), Satellite Imaging Corporation (US), Terra Remote Sensing
(Canada), The Airborne Sensing Corporation (Canada), and The Sanborn Map
Company (US) are leading players in the remote sensing services market.
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