North America Remote Sensing Technology Market Size & Outlook
The remote sensing technology market in North America is expected to reach a projected revenue of US$ 12,751.9 million by 2030. A compound annual growth rate of 8.9% is expected of North America remote sensing technology market from 2024 to 2030.
- Semiconductors, Electronics & Components
- Sensors, Controls & Embedded Systems
- Remote Sensing Technology Market Outlook
- Sensors, Controls & Embedded Systems
Revenue, 2023 (US$M)
$7,027.8
Forecast, 2030 (US$M)
$12,751.9
CAGR, 2024 - 2030
8.9%
Report Coverage
North America
North America Remote Sensing Technology Market, 2018-2030 (US$M)
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North America remote sensing technology market highlights
- The North America remote sensing technology market generated a revenue of USD 7,027.8 million in 2023.
- The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, active sensing was the largest revenue generating technology in 2023.
- Active Sensing is the most lucrative technology segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 7,027.8 million |
| Market revenue in 2030 | USD 12,751.9 million |
| Growth rate | 8.9% (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 |
| Key market players worldwide | Maxar Technologies, Esri, General Dynamics Corp, Hexagon AB ADR, Lockheed Martin Corp, Planet Labs PBC, Orbital Insight |
Other key industry trends
- In terms of revenue, North America region accounted for 35.5% of the remote sensing technology market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,852.0 million by 2030.
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Publish Date: Jul 23, 2024
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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
Remote Sensing Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Lockheed Martin Corp | View profile | 122,000 | 6801 Rockledge Drive, Bethesda, MD, United States, 20817 | www.lockheedmartin.com |
| Hexagon AB ADR | View profile | 24,091 | Lilla Bantorget 15, Stockholm, Sweden, SE-111 23 | www.hexagon.com |
| General Dynamics Corp | View profile | 111,600 | 11011 Sunset Hills Road, Reston, VA, United States, 20190 | www.gd.com |
| Maxar Technologies | View profile | 1001-5000 | Westminster, Colorado, United States, North America | www.maxar.com |
| Esri | View profile | 5001-10000 | Redlands, California, United States, North America | www.esri.com |
| Planet Labs PBC | View profile | 1,180 | 645 Harrison Street, 4th Floor, San Francisco, CA, United States, 94107 | www.planet.com |
| Orbital Insight | View profile | 101-250 | Palo Alto, California, United States, North America | www.orbitalinsight.com |
North America Remote Sensing Technology Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Remote Sensing Technology Market Outlook will help companies and investors design strategic landscapes.
Active Sensing was the largest segment with a revenue share of 100.0% in 2023.
Horizon Databook has segmented the North America remote sensing technology market based on active sensing covering the revenue growth of each sub-segment from 2018 to 2030.
- North America Remote Sensing Technology Market Technology Outlook (Revenue, USD Million , 2018-2030)
- Active Sensing
- Passive Sensing
- North America Remote Sensing Technology Market Application Outlook (Revenue, USD Million , 2018-2030)
- Agrculture & Living Resources
- Military & Intelligence
- Disaster Management
- Infrastructure
- Weather
- Others
- North America Remote Sensing Technology Market PLatform Outlook (Revenue, USD Million , 2018-2030)
- Satellite
- Aerial Systems
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Remote Sensing Technology Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Remote Sensing Technology Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.