Global Remote Sensing Technology Market Size & Outlook
The global remote sensing technology market size was estimated at USD 19,817.3 million in 2023 and is projected to reach USD 42,638.1 million by 2030, growing at a CAGR of 11.6% from 2024 to 2030.
Revenue, 2023 (US$M)
$19,817.3
Forecast, 2030 (US$M)
$42,638.1
CAGR, 2024 - 2030
11.6%
Report Coverage
Worldwide
Global remote sensing technology market, 2018-2030 (US$M)
Global remote sensing technology market highlights
- The global remote sensing technology market generated a revenue of USD 19,817.3 million in 2023 and is expected to reach USD 42,638.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.6% by 2030.
- In terms of segment, active sensing accounted for a revenue of USD 19,817.3 million in 2023.
- Active Sensing is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 19,817.3 million |
| Market revenue in 2030 | USD 42,638.1 million |
| Growth rate | 11.6% (CAGR from 2024 to 2030) |
| Largest segment | Active sensing |
| Fastest growing segment | Active Sensing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Active Sensing |
Other key industry trends
- In terms of revenue, the North America accounted for 35.5% of the global remote sensing technology market in 2023.
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Remote Sensing Technology Market Scope
Remote sensing technology market segmentation & scope
Application
Agrculture & Living Resources
Military & Intelligence
Disaster Management
Infrastructure
Weather
Others
PLatform
Satellite
Aerial Systems
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Remote Sensing Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Orbital Insight | View profile | 101-250 | Palo Alto, California, United States, North America | http://www.orbitalinsight.com |
| Planet Labs PBC | View profile | 1180 | 645 Harrison Street, 4th Floor, San Francisco, CA, United States, 94107 | https://www.planet.com |
| Esri | View profile | 5001-10000 | Redlands, California, United States, North America | https://www.esri.com |
| Maxar Technologies | View profile | 1001-5000 | Westminster, Colorado, United States, North America | https://www.maxar.com |
| General Dynamics Corp | View profile | 111600 | 11011 Sunset Hills Road, Reston, VA, United States, 20190 | https://www.gd.com |
| Hexagon AB ADR | View profile | 24091 | Lilla Bantorget 15, Stockholm, Sweden, SE-111 23 | https://www.hexagon.com |
| Lockheed Martin Corp | View profile | 122000 | 6801 Rockledge Drive, Bethesda, MD, United States, 20817 | https://www.lockheedmartin.com |
Global remote sensing technology market size, by regions, 2018-2030 (US$M)
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