Remote Sensing Technologies and Global Markets

Report Scope:
This report covers the global market for remote sensing, including regional analysis of North America, Latin America, Europe, Asia-Pacific and the Rest of the World.Platforms include: space based – conventional, airborne – manned, terrestrial – stationary, aquatic – unmanned, airborne – unmanned, aquatic – manned, terrestrial – mobile, space based – microsats.

Application segments include disaster management, climate research, Infrastructure, security, agriculture, oceanography, energy, hydrology and forestry.

Report Includes:
- An overview of the global market for remote sensing technologies
- Analyses of global market trends, with data from 2017, estimates for 2018, and projections of compound annual growth rates (CAGRs) through 2023
- A look at the major remote sensing platforms, key remote sensing instruments, and applications accounting for the bulk of the industry
- Discussion about remote sensing image analysis techniques
- Coverage of remote sensing patents, including patent abstracts and the names of the inventors and original patent assignees
- Description of the major organizations that form and support the global remote sensing community
- Company profiles of major players in the market including Airbus, Digitalglobe, MdDA Information Systems Inc., Parrot SA, Precisionhawk, Scanex and Surrey Satellite Technology Ltd. (SST)

Summary
Remote sensing as defined by the U.S. National Oceanic and Atmospheric Administration (NOAA) as the science of obtaining information about objects or areas from a distance typically from aircraft or satellites. The information is obtained by interpreting data collected by remote sensors in the form of energy that is reflected from the earth’s surface.

This simple definition belies a complex market where advanced technology is applied to solve difficult problems. Companies in the field today utilize precision unmanned drones and aircraft, imaging satellites, deep learning, audio analytics and intelligent modeling among other technologies to provide the data scientists, researchers, governments and companies require to understand and solve environmental and commercial issues.

The sum of this activity fostered a $REDACTED billion market in 2017, which is expected to grow to $REDACTED billion in 2018 and $REDACTED billion in 2023 at a CAGR of REDACTED%. Driving this global market are regional government, scientific and commercial organizations concentrated in Europe to the level of $REDACTED billionin spending in 2017 and estimated to grow to $REDACTED billion in 2018 and $REDACTED billion in 2023 at a higher than average CAGR of REDACTED%.

Despite Europe’s lead, North American and Asia Pacific are not far behind.North America generated $REDACTED billion in 2017 for remote sensing suppliers, growing to an estimated $REDACTED billion in 2018 and $REDACTED billion in 2023 at a CAGR of REDACTED%.

Asia Pacific meanwhile invested $REDACTED billion in remote sensing in 2017, growing to an estimated $REDACTED billion in 2018 and $REDACTED billion in 2023 at a lower CAGR of REDACTED%.

Scope of Report
This report covers the global market for remote sensing, including regional analysis of North America, Latin America, Europe, Asia-Pacific and the Rest of the World.Platforms include: space based – conventional, airborne – manned, terrestrial – stationary, aquatic – unmanned, airborne – unmanned, aquatic – manned, terrestrial – mobile, space based – microsats.

Application segments include disaster management, climate research, Infrastructure, security, agriculture, oceanography, energy, hydrology and forestry.

Reasons for Doing This Study
The purpose of the study is to provide market size and forecasts for remote sensing. BCC Research believes that the market is going through renewed growth thanks to a new generation of remote sensing technologies.