Remote Sensing Technology Market Share, Growth and Future Outlook 2034
Global Remote Sensing Technology Market Growth, Size, Trends Analysis - By Technology, By Platform, By System, By Image Resolution, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Jun-2025 | Report ID: IACT2580 | Pages: 1 - 247 | Formats*: |
| Category : Information & Communications Technology | |||
Remote Sensing Technology Market Introduction and Overview
According to SPER Market Research, the Global Remote Sensing Technology Market is estimated to reach USD 50.15 billion by 2034 with a CAGR of 10.76%.
The report includes an in-depth analysis of the Global Remote Sensing Technology Market, including market size and trends, product mix, Applications, and supplier analysis. The market for remote sensing technology was estimated to be worth USD 18.05 billion in 2024 and is expected to expand at a CAGR of more than 10.76% between 2025 and 2034. Collaborations among space agencies boost market growth by combining resources and expertise, which improves data quality and broadens coverage. In agriculture, the demand for precision farming drives the use of remote sensing technologies, as they provide crucial data for crop health and environmental conditions, leading to better resource use and increased yields.
By Technology Insights:
The market is divided into two segments based on technology: active sensing and passive sensing. It is projected that passive sensing will hold the biggest market share by 2034. In the field of remote sensing, passive sensing is growing in popularity due to its non-intrusive nature and lower running costs. Passive sensing techniques provide increased sensitivity and accuracy for a range of applications, such as resource management and environmental monitoring, thanks to developments in sensor technology and data processing algorithms.
By Platform Insights:
The five platforms that make up the remote sensing technology market are satellites, aerial systems, unmanned aerial vehicles (UAVs), ground-based systems, and underwater systems. The segment that generates the highest income in 2024 is aerial systems. The remote sensing sector is seeing a greater integration of aerial systems for logistics. Drones and aerial vehicles outfitted with advanced sensors offer effective inventory management, route optimisation, and infrastructure monitoring, increasing the speed and precision of logistical operations across a wide range of businesses.
Regional Insights:
Thanks to major companies including Raytheon Technologies, General Dynamics Mission Systems, Esri, and Lockheed Martin, North America dominated the industry in 2024. The use of remote sensing technology in precision farming is expected to boost market growth by helping water managers address dry spells and meet irrigation needs.
Asia Pacific is predicted to experience the fastest growth rate, driven by the rising use of earth observation in infrastructure development. Key markets include China, Japan, Australia, and India, with government projects like India's Smart City Mission further supporting growth in the region.
Market Competitive Landscape:
There are several major players in the highly competitive global market for remote sensing technologies. Companies are constantly striving to create and invent advanced remote sensing technologies that meet the changing needs of various sectors, including agricultural, environmental monitoring, defence, and infrastructure development.
Recent Developments:
In December 2023, ISRO made remote sensing data from 44 satellites publicly available. This program provides access to a large collection of remote sensing data collected from Indian and foreign Remote Sensing sensors.
Lockheed Martin Corporation revealed the Lockheed Martin LM 400 in January 2023. It is a medium-sized, multipurpose satellite that can be used for civic, military, or commercial purposes. The LM 400 spacecraft bus design enables platforms to support remote communications, radar, sensing, imaging, and ongoing surveillance.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Technology, By Platform, By System, By Image Resolution, By Application |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | Esri, General Dynamics Mission Systems, Inc, Hexagon AB, ITT Inc, Lockheed Martin Corporation, Maxar Technologies Inc, Northrop Grumman Corporation, Orbital Insight, Planet Labs Inc, Thales Group. |
- Global Remote Sensing Technology Market Size (FY 2021-FY 2034)
- Overview of Global Remote Sensing Technology Market
- Segmentation of Global Remote Sensing Technology Market By Technology (Active Sensing, Passive Sensing)
- Segmentation of Global Remote Sensing Technology Market By Platform (Satellite, Aerial Systems, Unmanned Aerial Vehicles, Ground-Based Systems, Underwater Systems)
- Segmentation of Global Remote Sensing Technology Market By System (Visual remote sensing system, Infrared remote sensing, Optical remote sensing, Microwave remote sensing, Radar remote sensing, Airborne remote sensing, Satellite remote sensing, Acoustic and near-acoustic remote sensing)
- Segmentation of Global Remote Sensing Technology Market By Image Resolution {Low spatial resolution sources (> 30 meters), Medium resolution satellite (5-30 meters), High resolution (1-5 meters), Very high resolution (1 meter)}
- Segmentation of Global Remote Sensing Technology Market By Application (Agriculture & living resources, Military & intelligence, Disaster management, Infrastructure, Weather, Others)
- Statistical Snap of Global Remote Sensing Technology Market
- Expansion Analysis of Global Remote Sensing Technology Market
- Problems and Obstacles in Global Remote Sensing Technology Market
- Competitive Landscape in the Global Remote Sensing Technology Market
- Details on Current Investment in Global Remote Sensing Technology Market
- Competitive Analysis of Global Remote Sensing Technology Market
- Prominent Players in the Global Remote Sensing Technology Market
- SWOT Analysis of Global Remote Sensing Technology Market
- Global Remote Sensing Technology Market Future Outlook and Projections (FY 2025-FY 2034)
- Recommendations from Analyst
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Remote Sensing Technology Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Remote Sensing Technology Market
7. Global Remote Sensing Technology Market, By Technology (USD Million) 2021-2034
- 7.1. Active sensing
- 7.2. Passive sensing
8. Global Remote Sensing Technology Market, By Platform (USD Million) 2021-2034
- 8.1. Satellite
- 8.2. Aerial systems
- 8.3. Unmanned Aerial Vehicles (UAVs)
- 8.4. Ground-based systems
- 8.5. Underwater systems
9. Global Remote Sensing Technology Market, By System (USD Million) 2021-2034
- 9.1. Visual remote sensing system
- 9.2. Infrared remote sensing
- 9.3. Optical remote sensing
- 9.4. Microwave remote sensing
- 9.5. Radar remote sensing
- 9.6. Airborne remote sensing
- 9.7. Satellite remote sensing
- 9.8. Acoustic and near-acoustic remote sensing
10. Global Remote Sensing Technology Market, By Image Resolution (USD Million) 2021-2034
- 10.1. Low spatial resolution sources (> 30 meters)
- 10.2. Medium resolution satellite (5-30 meters)
- 10.3. High resolution (1-5 meters)
- 10.4. Very high resolution (1 meter)
11. Global Remote Sensing Technology Market, By Application (USD Million) 2021-2034
- 11.1. Agriculture & living resources
- 11.2. Military & intelligence
- 11.3. Disaster management
- 11.4. Infrastructure
- 11.5. Weather
- 11.6. Others
12. Global Remote Sensing Technology Market, (USD Million) 2021-2034
- 12.1. Global Remote Sensing Technology Market Size and Market Share
13. Global Remote Sensing Technology Market, By Region, (USD Million) 2021-2034
- 13.1. Asia-Pacific
- 13.1.1. Australia
- 13.1.2. China
- 13.1.3. India
- 13.1.4. Japan
- 13.1.5. South Korea
- 13.1.6. Rest of Asia-Pacific
- 13.2. Europe
- 13.2.1. France
- 13.2.2. Germany
- 13.2.3. Italy
- 13.2.4. Spain
- 13.2.5. United Kingdom
- 13.2.6. Rest of Europe
- 13.3. Middle East and Africa
- 13.3.1. Kingdom of Saudi Arabia
- 13.3.2. United Arab Emirates
- 13.3.3. Qatar
- 13.3.4. South Africa
- 13.3.5. Egypt
- 13.3.6. Morocco
- 13.3.7. Nigeria
- 13.3.8. Rest of Middle-East and Africa
- 13.4. North America
- 13.4.1. Canada
- 13.4.2. Mexico
- 13.4.3. United States
- 13.5. Latin America
- 13.5.1. Argentina
- 13.5.2. Brazil
- 13.5.3. Rest of Latin America
14. Company Profile
- 14.1. Esri
- 14.1.1. Company details
- 14.1.2. Financial outlook
- 14.1.3. Product summary
- 14.1.4. Recent developments
- 14.2. General Dynamics Mission Systems, Inc
- 14.2.1. Company details
- 14.2.2. Financial outlook
- 14.2.3. Product summary
- 14.2.4. Recent developments
- 14.3. Hexagon AB
- 14.3.1. Company details
- 14.3.2. Financial outlook
- 14.3.3. Product summary
- 14.3.4. Recent developments
- 14.4. ITT Inc
- 14.4.1. Company details
- 14.4.2. Financial outlook
- 14.4.3. Product summary
- 14.4.4. Recent developments
- 14.5. Lockheed Martin Corporation
- 14.5.1. Company details
- 14.5.2. Financial outlook
- 14.5.3. Product summary
- 14.5.4. Recent developments
- 14.6. Maxar Technologies Inc
- 14.6.1. Company details
- 14.6.2. Financial outlook
- 14.6.3. Product summary
- 14.6.4. Recent developments
- 14.7. Northrop Grumman Corporation
- 14.7.1. Company details
- 14.7.2. Financial outlook
- 14.7.3. Product summary
- 14.7.4. Recent developments
- 14.8. Orbital Insight
- 14.8.1. Company details
- 14.8.2. Financial outlook
- 14.8.3. Product summary
- 14.8.4. Recent developments
- 14.9. Planet Labs Inc
- 14.9.1. Company details
- 14.9.2. Financial outlook
- 14.9.3. Product summary
- 14.9.4. Recent developments
- 14.10. Thales Group
- 14.10.1. Company details
- 14.10.2. Financial outlook
- 14.10.3. Product summary
- 14.10.4. Recent developments
- 14.11. Others
15. Conclusion
16. List of Abbreviations
17. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa is the highest Market share in the Projection Mapping Market.
Esri, General Dynamics Mission Systems, Inc, Hexagon AB, ITT Inc, Lockheed Martin Corporation, Maxar Technologies Inc, Northrop Grumman Corporation, Orbital Insight, Planet Labs Inc, Thales Group.
The report includes an in-depth analysis of the Global Remote Sensing Technology Market, including market size and trends, product mix, Applications, and supplier analysis.
Projection Mapping Market is projected to reach USD 50.15 billion by 2034, growing at a CAGR of of 10.76% during the forecast period.
Projection Mapping Market grew in Market size from 2025. The Market is expected to reach USD 50.15 billion by 2034, at a CAGR of 10.76% during the forecast period.
Projection Mapping Market CAGR of 10.76% during the forecast period.
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Projection Mapping Market size is USD 50.15 billion from 2025 to 2034.
Projection Mapping Market is covered By Technology, By Platform, By System, By Image Resolution, By Application
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