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Share this article Share this article ResearchAndMarkets.com s offering. The market was valued at US$ 13,025.5 million in 2019 and is projected to reach US$ 37,650.7 million by 2027; it is expected to grow at a CAGR of 14.8% from 2020 to 2027. APAC is estimated to grow at the highest CAGR of 17.5% in the global track geometry measurement system market, followed by Europe and North America. To track the changing percentage of land usage for agriculture, the need to collect data on the same is important that will fuel the penetration of remote sensing in Asia. Moreover, the European agriculture sector holds significant potential for the utilization of remote sensing technologies, especially for smart farming. These sensing services help improve crop health and soil quality, and reduce the costs of farming.

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