Market Research Future published a research report on “Remote Sensing Technology Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Pune, India -- (SBWIRE) -- 11/24/2017 -- Remote Sensing Technology Market, By Technology (Active Remote Sensing Passive Remote Sensing), By Application (Landscape Assessment, Geology and Mineral Exploration) - Global Forecast 2023
Market Synopsis of Remote Sensing Technology Market:
The Remote Sensing Technology can be defined as characteristics of objects which can be identified, measured or analyzed without direct contact. Contribution of military forces in remote sensing technology includes infrared photography, thermal imagery, radar scanning, and satellites. The first type of technology, makes use of light in the infrared portion of electromagnetic spectrum. The infrared photography measures reflection of infrared radiation. Thermal imaging indicates the amount of radiation that is emitted by the source.
The market segmentation of remote sensing technology is done on technology and application. The segmentation on the basis of technology includes active sensing technology and passive sensing technology. Active sensor emits radiation which is directed toward the target to be investigated. The radiation reflected from the target is detected and measured by the sensor. Advantages for active sensors include the ability to obtain measurements anytime, regardless of the time of day or season. Active sensors can be used for examining wavelengths which are not sufficiently provided by the sun, such as microwaves and to better control the way a target is illuminated.
The global remote sensing technology market is expected to grow approximately at USD 18 Billion by 2023, at approx. of 10% CAGR between 2017 and 2023.
IT Solution Providers
Technology Solution Providers
Defense Force Organization
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Remote sensing technology market segmentation on the basis of Technology and Application.
Remote Sensing Technology Market by Technology:
Active Remote Sensing
Passive Remote Sensing
Remote Sensing Technology Market by Application:
Floodplain Mapping and Emergency Management
Geology and Mineral Exploration
The regional analysis of remote sensing technology market in North America, Europe, Asia -Pacific and Rest of the World is as follows. Growing advancement in the remote sensing technology led to its expansion in land assessment techniques. The North-America market of remote sensing technology is leading because of the technological advancements and highly equipped and powerful defense force. Asia-Pacific region is expected to grow because of huge investment by government to enhance and strengthen defense technologies.
The prominent players in the remote sensing technology market are- General Dynamics Corp. (U.S.), Northrop Grumman Corporation (U.S.), Raytheon Corporation (U.S.), Lockheed Martin Corporation (U.S.), Honeywell Technology Solutions Inc. (U.S.), ITT Corp. (U.S.), Thales Group (France), Lumasense Technologies, Inc. (U.S.), Leica Geosystems Holdings AG (Switzerland) among others.
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The report for Remote Sensing Technology Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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