Remote Sensing Technology Market – Global Industry Analysis and Forecast (2023-2029)

Remote Sensing Technology Market size was valued at US$ 16.75 Bn. in 2022 and expected to reach US$ 33.49 Bn. by 2029 at a CAGR of 10.4 % during the forecast period. The global Remote Sensing Technology market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Remote Sensing Technology report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report

Remote Sensing Technology Market Overview :

Remote sensing is the art of gathering information about an object or feature without directly contacting it. People use remote sensing in their daily lives by using their eyes, ears, and sense of smell. Variations in sound wave distributions (e.g., sonar), variations in force distributions (e.g., gravity meter), and variations in electromagnetic energy distributions (e.g., eye) are all examples of data that can be collected. These data are acquired remotely via multiple sensors. Thus, remote sensing allows enormous areas to be observed at finer spatial and temporal frequencies. Moreover, watershed research, hydrological states, and fluxes simulation, hydrological modeling, disaster management services such as flood and drought warning, and damage assessment in the event of natural calamities are just a few of the uses.

Remote Sensing Technology Market Dynamics:

Remote sensing technology is used to collect data and analyze the physical features of the earth's surface. It relies on reflected and emitted light from planes and satellites rather than physical touch with the surface under investigation. The growing number of earth observation programs undertaken by various space organizations are driving the market. For instance, in 2021, Earth Observation Satellites (EOS) like the Himawari-8 satellite from Japan Aerospace Exploration Agency (JAXA), NASA’s Suomi-NPP satellite, and the Sentinel-2 satellite by the European Space Agency (ESA) captured high-quality satellite images of Australian bushfires and Amazon forests fire. The growing use of smart city initiatives is paving the path for market expansion. Zoning and urban planning, infrastructure modeling, and security and law enforcement planning are all aided by the technology. Several countries are focusing on infrastructure development and spending extensively on smart city projects. Over the forecast period, this is projected to fuel market expansion. Market participants must manufacture components and encrypt data content by regulatory requirements. This restricts a manufacturer's ability to grow in the market. However, the rising demand for autonomous vehicles, which include the technology into their sensing systems, is creating chances for the remote sensing technology market to grow over the forecast period. The market is likely to highlight unexplored market potential as well as increased user awareness.

Impact of COVID – 19 on the Market:

The Covid-19 analysis disrupts the remote sensing technology market research sales channel and has an impact on production and demand. Most flights have been canceled or prohibited due to the pandemic. The emergency is declared for a set length of time, slowing the market and lowering market trends for remote sensing satellites. As a result of the epidemic, the sector has seen an increase in public panic, poor confidence, and concern about the future. To combat this pandemic, the government and key remote sensing technology market demand players are adopting various features and functionalities that can assist the industry in regaining its appeal. By taking these factors into account, the industry can devise a variety of strategies to recover from the scenario and boost the remote sensing technology market size.

Global Remote Sensing Technology Market Segmentation:

Based on the technology, the remote sensing technology market is bifurcated into active remote sensing and passive remote sensing. In 2022, the passive remote sensing sector had the biggest market share of 57.42 %. Solar energy is used as the source of EMR in the majority of remote sensing devices. Sensors onboard airborne or spaceborne platforms record the solar energy reflected by the objects at certain wavelength bands. Because the technology produces high-quality satellite images, it is frequently employed for a variety of earth observation activities.

Recent Launch by China:

In March 2021, China planned to launch LiDAR (light detection and ranging) system-based new satellite to monitor CO2 levels in the atmosphere. Since 2021, for CO2 monitoring and research China has launched three satellites into orbit, all of which are equipped with passive optical remote sensing technology. During the forecast timeline, the active remote sensing segment is expected to grow at a CAGR of about 6.04 %. Energy is generated and delivered from the remote sensing platform to the targets in the case of active remote sensing. Sensors onboard the remote sensing platform record the energy reflected back from the objects. Active microwave remote sensing is used for the majority of microwave remote sensing. Forest structure, ice, and sea surface topography, among other things, are all measured using active remote sensing technology. Passive remote sensing is comparable to taking a photo with a regular camera, but active remote sensing is comparable to taking a photo with a camera that includes a built-in flash.

Passive Remote Sensing Devices:

The spectrometer recognizes and analyzes spectral bands in passive remote sensing devices. The power of radiation emitted by an object in specific band ranges is determined by a radiometer (visible, IR, microwave). The power of radiation is measured using a spectroradiometer in many band ranges. The most accurate sort of passive sensor utilized in remote sensing is employed in hyperspectral radiometers. It distinguishes hundreds of ultimately small spectral bands within the visible, NIR, and MIR ranges due to its extraordinarily high resolution. To reproduce a picture, an imaging radiometer scans an item or a surface. Vertically, the sounder detects air conditions.

Remote Sensing Technology Market Regional Insights:

In 2022, North America had the largest market share of 38.10 %. The presence of significant market players such as Lockheed Martin Corporation, Esri, and General Dynamics Mission Systems, Inc., among others, account for this share. During the projected period, the adoption of remote sensing technology in precision farming applications is expected to drive market growth. Water resource managers can use the technology to reduce the impact of dry spells and droughts, as well as match agricultural irrigation needs.

Remote Sensing Technology Use in Precision Agriculture:

During the last couple of decades, the use of remote sensing technologies for PA has exploded. Crop monitoring, irrigation control, nutrient application, disease & pest management, and yield prediction have all benefited from the unprecedented availability of high-resolution (spatial, spectral, and temporal) satellite pictures. PA technologies based on remote sensing, including Green Seeker's variable fertilizer rate application system and Crop Circle, have already been adopted in commercial agriculture. During the projection period, Asia Pacific is expected to grow at a significant CAGR of over 12%. This can be attributed to the growing use of earth observation for infrastructure building purposes. China, Japan, Australia, and India are among the most attractive markets for remote sensing technology vendors in the region. Government measures aimed at improving urban infrastructure, such as India's Smart City Mission, are likely to boost regional market growth. The objective of the report is to present a comprehensive analysis of the Global Remote Sensing Technology Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Remote Sensing Technology Market dynamics, structure by analyzing the market segments and project the global Remote Sensing Technology market size. Clear representation of competitive analysis of key players By Technology, price, financial position, product portfolio, growth strategies, and regional presence in the Global Remote Sensing Technology Market make the report investor’s guide.

Remote Sensing Technology Market Scope: Inquire before buying

Remote Sensing Technology Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 16.75Bn.
Forecast Period 2023 to 2029 CAGR: 10.4% Market Size in 2029: US $ 33.49 Bn.
Segments Covered: by Technology Active Remote Sensing Passive Remote Sensing
by Application Agriculture & Living Resources Military & Intelligence Disaster Management Infrastructure Weather
by Platform Satellite Aerial Systems

Remote Sensing Technology Market, By Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina and Rest of South America)

Remote Sensing Technology Market, Key Players

1. Northrop Grumman Corporation 2. General Dynamics Corp. 3. Raytheon Corporation 4. Honeywell Technology Solutions Inc. 5. Lockheed Martin Corporation 6. ITT Corp. 7. Lumasense Technologies, Inc. 8. Thales Group 9. Leica Geosystems Holdings AG 10. DigitalGlobe 11. Esri 12. Hexagon AB 13. Orbital Insight 14. Planet Labs Inc. 15. Raytheon Technologies Corporation 16. Teledyne Technologies 17. UrtheCast 18. Other Key Players Frequently Asked Questions: 1. Which region has the largest share in Global Remote Sensing Technology Market? Ans: North America region holds the highest share in 2022. 2. What is the growth rate of Global Remote Sensing Technology Market? Ans: The Global Remote Sensing Technology Market is growing at a CAGR of 10.4% during forecasting period 2023-2029. 3. What is scope of the Global Remote Sensing Technology market report? Ans: Global Remote Sensing Technology Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Remote Sensing Technology market? Ans: The important key players in the Global Remote Sensing Technology Market are – Northrop Grumman Corporation, General Dynamics Corp., Raytheon Corporation, Honeywell Technology Solutions Inc., Lockheed Martin Corporation, ITT Corp., Lumasense Technologies, Inc., Thales Group, Leica Geosystems Holdings AG, DigitalGlobe, Esri, Hexagon AB, Orbital Insight, Planet Labs Inc., Raytheon Technologies Corporation, Teledyne Technologies, UrtheCast, and Other Key Players 5. What is the study period of this market? Ans: The Global Remote Sensing Technology Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Remote Sensing Technology Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Remote Sensing Technology Market 3.4. Geographical Snapshot of the Remote Sensing Technology Market, By Manufacturer share 4. Global Remote Sensing Technology Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Remote Sensing Technology Market 5. Supply Side and Demand Side Indicators 6. Global Remote Sensing Technology Market Analysis and Forecast, 2022-2029 6.1. Global Remote Sensing Technology Market Size & Y-o-Y Growth Analysis. 7. Global Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 7.1.1. Active Remote Sensing 7.1.2. Passive Remote Sensing 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Agriculture & Living Resources 7.2.2. Military & Intelligence 7.2.3. Disaster Management 7.2.4. Infrastructure 7.2.5. Weather 7.2.6. Others 7.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 7.3.1. Satellite 7.3.2. Aerial Systems 8. Global Remote Sensing Technology Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 9.1.1. Active Remote Sensing 9.1.2. Passive Remote Sensing 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Agriculture & Living Resources 9.2.2. Military & Intelligence 9.2.3. Disaster Management 9.2.4. Infrastructure 9.2.5. Weather 9.2.6. Others 9.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 9.3.1. Satellite 9.3.2. Aerial Systems 10. North America Remote Sensing Technology Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 12. Canada Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 13. Mexico Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 14. Europe Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 15. Europe Remote Sensing Technology Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 17. France Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 18. Germany Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 19. Italy Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 20. Spain Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 21. Sweden Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 22. CIS Countries Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 23. Rest of Europe Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 24. Asia Pacific Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 25. Asia Pacific Remote Sensing Technology Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 27. India Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 28. Japan Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 29. South Korea Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 30. Australia Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 31. ASEAN Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 32. Rest of Asia Pacific Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 33. Middle East Africa Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 34. Middle East Africa Remote Sensing Technology Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 36. GCC Countries Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 37. Egypt Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 38. Nigeria Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 39. Rest of ME&A Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 40. South America Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 41. South America Remote Sensing Technology Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 43. Argentina Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 44. Rest of South America Remote Sensing Technology Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Remote Sensing Technology Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Lockheed Martin Corporation 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Northrop Grumman Corporation 45.3.3. General Dynamics Corp. 45.3.4. Raytheon Corporation 45.3.5. Honeywell Technology Solutions Inc. 45.3.6. ITT Corp. 45.3.7. Lumasense Technologies, Inc. 45.3.8. Thales Group 45.3.9. Leica Geosystems Holdings AG 45.3.10. DigitalGlobe 45.3.11. Esri 45.3.12. Hexagon AB 45.3.13. Orbital Insight 45.3.14. Planet Labs Inc. 45.3.15. Raytheon Technologies Corporation 45.3.16. Teledyne Technologies 45.3.17. UrtheCast 45.3.18. Other Key Players 46. Primary Key Insights
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