The Remote Sensing Technology Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Remote Sensing Technology Market?
The market for remote sensing technology has experienced considerable expansion in the past few years. The value of the market will increase from $17.14 billion in 2024 to $18.48 billion in 2025, showing a compound annual growth rate (CAGR) of 7.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Remote Sensing Technology Industry?
The Remote Sensing Technology Global Market is predicted to grow significantly in the coming years, with a projected market size of $29.87 billion in 2029. The market is also expected to experience a compound annual growth rate (CAGR) of 12.8%.
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What are the Key Growth Drivers Fueling the Remote Sensing Technology Market?
The key drivers in the remote sensing technology market are:
• Rising demand for earth observation data
• Quick expansion of satellite constellations
• Emergence of new remote sensing platforms
• Increasing accessibility for small and medium-sized enterprises (SMEs) and regulatory support for standard development.
Global Market Segmentation: Identifying Major Remote Sensing Technology Industry Segments
The remote sensing technology market covered in this report is segmented –
1) By Technology: Active Remote Sensing, Passive Remote Sensing
2) By Platform: Satellite, Aerial Systems
3) By Application: Landscape Assessment, Security, Air Quality, Hydrology, Forestry, Floodplain Mapping And Emergency Management, Healthcare
4) By End User: Military And Intelligence, Weather, Disaster Management, Agriculture And Living Resources, Infrastructure
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What are the Emerging Trends Shaping the Future of the Remote Sensing Technology Market?
The key trends in the hazardous area equipment market are:
• The development of hyperspectral imaging is a major trend shaping the future of the remote sensing technology market.
• Rapid growth in unmanned aerial vehicles (UAVs) or drones is emerging as a significant influence on the industry.
• Improved spectral and spatial resolution is an emerging trend.
• There is an increased focus on privacy and ethical use in the sector, along with expansion into new industry verticals.
Who Are the Top Competitors & Leading Players in the Remote Sensing Technology Market?
Major companies in the remote sensing technology market are:
• Thales Group
• Environmental Systems Research Institute Inc.
• General Dynamics Mission Systems Inc.
• Hexagon AB
• Maxar Technologies
• Planet Labs PBC
• L3 Harris Technologies Inc.
• Airbus SE
• Trimble Inc.
• Neteera Technologies
• Centre for Process Innovation Limited
• Orbital Insight Inc
• Cognitive Space Inc.
• Sensera Systems Inc
• Michigan Tech Research Institute
• LongPath Technologies
• Chloris Geospatial
• Resonon Inc.
• Muon Space Inc.
• Array Labs Ic.
• Satyukt Analytics Pvt Ltd.
• Spanish Maritime Safety & Rescue Agency
• Lockheed Martin Corporation
• Raytheon Technologies Corporation
• Teledyne Technologies Incorporated
• Leidos Inc.
Regional Dominance: Which Area Leads the Global Remote Sensing Technology Market?
North America was the largest region in the remote sensing technology market in 2024
