The global market for remote sensing products reached $8.4 billion in 2015. This market should reach nearly $8.9 billion in 2016 and $13.8 billion by 2021, a compound annual growth rate (CAGR) of 9.3% over the five-year period from 2016 to 2021.
This report provides:
- An overview of the global market for remote sensing technologies, including major remote sensing platforms, key remote sensing instruments, and applications accounting for the bulk of the industry
- Analyses of global market trends, with data from 2015, estimates for 2016, and projections of compound annual growth rates (CAGRs) through 2021
- Estimates of demand for remote sensing products by region, instrument by application, and platform by application
- An explanation of remote sensing image analysis techniques
- Reviews of remote sensing patents, including patent abstracts and the names of the inventors and original patent assignees
- Identification of the major organizations that form and support the global remote sensing community
- Profiles of major players
SCOPE OF REPORT
This report focuses exclusively on the value of products created from remotely sensed data. It excludes data collection instruments, platforms, software and licenses, as well as system hardware, such as computers and printers. It also excludes:
- Instruments that require physical contact with a substance, such as flow gauges in stream monitoring and chromatographs and kindred laboratory instruments in air-quality investigations.
- Airport screening and air traffic control systems.
- Police traffic enforcement radar and impaired driver test kits and instruments.
- Sensing systems for driverless vehicles.
- Government weather forecasts and GPS signals.
Technology analyst, James Wilson, studies the commercial aspects of science and technology. He has been the project analyst for numerous BCC Research reports, including the original edition of Remote Sensing Technologies and Global Markets and its subsequent updates. 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. Wilson has served on the adjunct faculty of Temple University and on the staffs of Drexel University and the Academy of Natural Sciences. In addition to being the project analyst for earlier BCC Research studies of remote sensing, he was also the analyst for BCC Research studies of the global markets for portable analysis instrumentation, robots, intelligent wireless microsystems and mobile telematics systems. (Titles of his studies are followed by asterisks in the listing below.) In connection with his study of the remote sensing industry, Wilson has visited major corporate and military satellite remote sensing and UAV research and operation centers in the U.S. and Europe.