Remote Sensing Technology Global Market Report 2022: Growing Adoption of Precision Farming Technology Fuels Sector - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Remote Sensing Technology Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

The global remote sensing technology market is expected to grow from $13.76 billion in 2021 to $15.22 billion in 2022 at a compound annual growth rate (CAGR) of 10.60%. The remote sensing technology market is expected to grow to $22.96 billion in 2026 at a compound annual growth rate (CAGR) of 10.82%.

North America was the largest region in the remote sensing technology market in 2021. The regions covered in the remote sensing technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The growing adoption of precision farming technology is driving the growth of the remote sensing technology market. Due to rapid global population growth and climate change, the farming industry is undergoing massive transformations, placing an added burden on the food supply chain.

Precision farming is the planning of food production through the use of technologies delivering the economic benefits of cost reduction in farming and increasing production levels and also helps in environmental benefits. For instance, in August 2020, according to a report published by McKinsey Global Institute,

By 2030, approximately 70 million farmers could benefit from digital agriculture services through precision farming. This will be 1.5 times as productive as traditional large farms and 2 to 2.5 times as effective as small farms. Thus, the growing adoption of precision farming technology is driving the growth of remote sensing technology.

Technological advancement is a key trend that is gaining popularity in the remote sensing technology market. Major companies operating in the remote sensing technology market are focused on providing technologically-advanced solutions to strengthen their market position. These companies are implementing next-generation remote sensing technology into their devices, such as active sensors, LiDAR, InSAR, PSInSAR, SAR, SRT, SqueeSAR, passive sensors, UAV, and others.

Scope

Markets Covered:

1) By Technology: Active Remote Sensing; Passive Remote Sensing

2) By Platform: Satellite; Aerial Systems

3) By End User: Military And Intelligence; Weather; Disaster Management; Agriculture And Living Resources; Infrastructure

4) By Application: Landscape Assessment; Security; Air Quality; Hydrology; Forestry; Floodplain Mapping And Emergency Management; Healthcare

Key Topics Covered:

1. Executive Summary

2. Remote Sensing Technology Market Characteristics

3. Remote Sensing Technology Market Trends And Strategies

4. Impact Of COVID-19 On Remote Sensing Technology

5. Remote Sensing Technology Market Size And Growth

6. Remote Sensing Technology Market Segmentation

7. Remote Sensing Technology Market Regional And Country Analysis

8. Asia-Pacific Remote Sensing Technology Market

9. China Remote Sensing Technology Market

10. India Remote Sensing Technology Market

11. Japan Remote Sensing Technology Market

12. Australia Remote Sensing Technology Market

13. Indonesia Remote Sensing Technology Market

14. South Korea Remote Sensing Technology Market

15. Western Europe Remote Sensing Technology Market

16. UK Remote Sensing Technology Market

17. Germany Remote Sensing Technology Market

18. France Remote Sensing Technology Market

19. Eastern Europe Remote Sensing Technology Market

20. Russia Remote Sensing Technology Market

21. North America Remote Sensing Technology Market

22. USA Remote Sensing Technology Market

23. South America Remote Sensing Technology Market

24. Brazil Remote Sensing Technology Market

25. Middle East Remote Sensing Technology Market

26. Africa Remote Sensing Technology Market

27. Remote Sensing Technology Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Remote Sensing Technology Market

29. Remote Sensing Technology Market Future Outlook and Potential Analysis

30. Appendix

Companies Mentioned

• Thales Group
• DigitalGlobe
• Esri
• General Dynamics Mission Systems Inc.
• Hexagon AB

For more information about this report visit https://www.researchandmarkets.com/r/tqz29k