Remote Sensing Services Market Growth Opportunities 2021 Opportunities, Challenges Forecast to 2030

In a recent published report, Kenneth Research has updated the market report for Remote Sensing Services Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Remote Sensing Services Market products.

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Moreover, the median health expenditure per capita recorded in the high-income, upper-middle income, and low & lower-middle income countries, recorded to be over USD 2,000, USD 400, and USD 100 respectively. Additionally, in the same year, the spending on health in high-income countries and in the low- and middle-income countries comprised approximately 8.2% and 6.3% of the GDP respectively.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global Remote Sensing Services market is estimated to reach $32.80 Billion by 2025; growing at a CAGR of 14.9% from 2017 to 2025. Remote sensing services allow the satellites and aircrafts to obtain information about objects or areas from a distance. Remote sensors gather information by detecting the energy that is reflected from Earth. These sensors are mounted on satellites or aircrafts. The global remote sensing market is driven by factors such as rising need for remote sensing services in military and commercial applications, growing demand in homeland security services, and surging need for real time data. In addition, implementation of bid data analytics in remote sensing services and growth in cloud computing market is expected to create new avenues for the market in the forthcoming years.

Platform, resolution, end-user, and geography are the bifurcations of the remote sensing services market. The platform segment is sub-segmented into satellites (earth observation, telecommunication, mapping & navigation, meteorology, others), UAVs (precision farming, damage assessment, 3d terrain model construction, geohazard mapping, mineral exploration, pipeline monitoring, defense and intelligence, others), manned aircraft (mineral exploration mapping, precision farming, coastal analysis, disaster management, pipeline monitoring, defense and intelligence, others), and ground. Spatial, spectral, temporal, and radiometric are the segregations of the resolution segment. Furthermore, end-user segment comprises defense (defense organizations, homeland security agencies), and commercial (energy & power, scientific research, weather forecasting, agriculture, media & entertainment, others).

On the basis of geography, global remote sensing services market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

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The key players operating in the market include DigitalGlobe, Antrix Corporation, Geo Sense, Mallon Technology, Ekofastba, Satellite Imaging Corporation, Remote Sensing Solutions, SpecTIR, Terra Remote Sensing, The Sanborn Map Company, and Airborne Sensing Corporation, among others.

The key takeaways from the report
The report will provide detailed analysis of Global Remote Sensing Services Market with respect to major segments such as platform, resolution, end-user and geography

The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025

Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report

An exhaustive regional analysis of Global Remote Sensing Services Market has been included in the report

Profile of the key players in the Global Remote Sensing Services Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global Remote Sensing Services Market
Platform Segments

Earth Observation
Mapping & Navigation
Precision Farming
Damage Assessment
3D Terrain Model Construction
Geohazard Mapping
Mineral Exploration
Pipeline Monitoring
Defense And Intelligence
Manned Aircraft
Mineral Exploration Mapping
Precision Farming
Coastal Analysis
Disaster Management
Pipeline Monitoring
Defense and Intelligence
Resolution Segments

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End-User Segments

Defense Organizations
Homeland Security Agencies
Energy & Power
Scientific Research
Weather Forecasting
Media & Entertainment
Geographical Segments

North America
Rest of Europe
South Korea
Rest of Asia-Pacific
South America
Middle East

Table of Contents
Chapter 1 Prefix
1.1 Market Scope
1.2 Report Description
1.3 Research Methodology
1.3.1 Primary Research
1.3.2 Secondary Research
1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
2.1 Global Remote Sensing Services Market Year-on-Year Growth, 2017 – 2025 (%)
Chapter 3 Market Outline
3.1 Market Inclination, Trend, Outlook and Viewpoint
3.2 Market Share Analysis: Company’s Competitive Scenario
3.3 Market Dynamics
3.3.1 Drivers Impact Analysis
3.3.2 Restraints Impact Analysis
3.3.3 Opportunities

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