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March 10th, 2012
Global Remote Sensing Technology Market 2011-2014 Discusses Various Challenges Faced

The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Remote Sensing Technology market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors dominating this market space include Lockheed Martin Corp., General Dynamics Corp., Northrop Grumman Corp., and Raytheon Co.

Commenting on the report, an analyst from TechNavio’s Enterprise Applications team said, There is an evident transition, in aerial remote sensing, to digital sensor technologies, which are capable of elevation collection and direct geo-registration. This transition has resulted in new markets for infrastructure inventory and analysis, and urban mapping. During the past few years, sensor technologies are becoming more and more diverse. Digital aerial cameras that come with inertial measurement and on-board GPS provide easy access to geo-located information. This will assist in opening up new markets, especially where pricing has limited acceptance of remotely sensed information.

According to the report, data users are appraising the replacement of multispectral data with hyperspectral data. Growth will be seen in the key areas of hyperspectral, SAR, and LIDAR for aircraft, especially as sensor systems develop the capability to provide low-cost, broad area coverage. Hyperspectral sensor systems in advancement will offer automated feature detection, identification and classification. Diverse markets, such as defense, agriculture and forestry, all benefit from the change in detection technology.

For more information visit http://www.researchandmarkets.com/research/53fd41/global_remote_sens