Remote Sensing Technologies and Global Markets
Report Highlights
The global remote sensing technologies market is estimated at $8.3 billion in 2011. It is expected to reach at $9.1 billion in 2012 and it will further grow to $12.4 billion by 2017 at a compound annual growth rate (CAGR) of 6.4%.
Report Scope
This report focuses exclusively on products created from platform-mounted remote sensors. Thus, it excludes instruments that:
- Require physical contact with a substance, such as chromatographs,
- Handheld devices and field instruments,
- Airport screening systems,
- Products developed using national defense and intelligence instruments or platforms, and
- Geographic information system software.
This report is divided into three parts. The first part, comprising eight chapters, provides the following:
- An overview of the remote sensing industry
- An explanation of basic remote sensing operating concept
- A description of the 10 basic types of remote sensing instruments
- A description of the four types of remote sensing platforms
- Regional, instrument by application and platform by application estimates of 2011 demand for remote sensing products
- Regional, instrument-by-application and platform-by-application forecasts for the 5 years beginning in 2012
- A basic explanation of remote sensing image analysis techniques
The second part, chapters nine through 28, describes each of the market-driven applications for remote sensing. Tables present application-specific information about market drivers. Forecasts span 2012 through 2017, using 2011 as the reference year. For each of the 20 market-driven applications, separate tables show forecasts by region, with the U.S. shown separately. Global demand forecasts are also shown for remote sensing platforms and for remote sensing instruments are also included.
The third part of the study, consisting of the last two chapters, offers a review of remote sensing patents, including patent abstracts and the names of the inventors and original patent assignees. Chapter 30 concludes the study with brief descriptions of the major organizations that form and support the global remote sensing community.
Analyst Credentials
James Wilson is a noted technology analyst and author of more than 300 articles and several books dealing with science, medicine, technology, and business. Formerly the editor of the Princeton Business Journal and a senior science and technology editor for Hearst Magazines, he is a past member of the National Association of Science Writers and American Medical Writers Association. He has served on the adjunct faculty of Temple University and on the staffs of Drexel University and the Academy of Natural Sciences. He is also the author of both the 2007 and 2009 editions of Remote Sensing Technologies and Global Markets. In connection with his earlier works on remote sensing, Wilson has made site visits to headquarters and operational facilities of the major corporate, government, and military facilities involved in the industry.
Frequently Asked Questions (FAQs)
Report Highlights
- Overall sales in the remote sensing products by platform were worth $7.7 billion in 2008, and increased to an estimated $8.2 billion in 2009. By 2014, it is projected to increase to $11 billion, for a 5-year compound annual growth rate (CAGR) of 6.1%.
- The largest segment in the market, space based platform was valued at $3.1 billion in 2008. This increased to an estimated $3.3 billion in 2009, and is projected to reach $4.4 billion in 2014, for a 5-year CAGR of 5.9%.
- Sales in the airborne platform segment were worth $2.2 billion in 2008, and were to increase to nearly $2.3 billion in 2009. By 2014, they are projected to increase to $3.1 billion, for a 5-year CAGR of 6.2%.
Report Highlights
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The total global market expenditures for remote sensing products were more than $7 billion in 2006 and should reach almost $7.3 billion in 2007. At a compounded annual growth rate (CAGR) of 6.3%, the market will reach more than $9.9 billion by 2012
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Weather forecasting holds the highest share of the market throughout the forecast period, hovering at approximately 38% of the total global market through 2012
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Public health applications have the highest growth potential. These products will be worth $402 million in 2007 and will grow at a CAGR of 10.9% to reach $675 million in 2012.