Earth Observation Satellite Market
Global Earth Observation Satellite Market Research Report Information by Applications (Infrastructure, Environment Monitoring, Energy, Natural Resources Monitoring, Maritime, Disaster Management, & Others), Payload Type, and Region–Global Forecast to 2023
Global Earth Observation Satellite Market Research Report Information by Applications (Infrastructure, Environment Monitoring, Energy, Natural Resources Monitoring, Maritime, Disaster Management, & Others), Payload Type, and Region–Global Forecast to 2023
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<strong>Earth</strong> <strong>Observation</strong> <strong>Satellite</strong> <strong>Market</strong> 2018<br />
Industry Survey, Growth, Competitive Landscape<br />
and Forecasts to 2023<br />
PREPARED BY<br />
<strong>Market</strong> Research Future<br />
(Part of Wantstats Research & Media Pvt. Ltd.)
<strong>Earth</strong> <strong>Observation</strong> <strong>Satellite</strong> <strong>Market</strong> 2018<br />
<strong>Earth</strong> <strong>Observation</strong> <strong>Satellite</strong> <strong>Market</strong> 2018: Industry Survey, Growth, Competitive<br />
Landscape and Forecasts to 2023<br />
<strong>Earth</strong> observation satellite is designed for non-military uses, such as monitoring and predicting climatic patterns, assessing damage during natural<br />
disasters, estimation of crop yields, surface geology mapping, and mineral deposits, and availability of water sources. It works at an altitude of 800 Km<br />
using remote-sensing techniques to collect data on the chemical, physical, and biological aspects of the earth system. This method permits the<br />
measurement of geology parameters of the world from the orbit with the use of high-resolution cameras and advanced sensors. It conjointly facilitates the<br />
management of earth’s natural resources in a resourceful manner. The satellite-based earth observation sector is witnessing a rapid growth during the<br />
forecast period. However, there are some shortcomings in operating performance of the earth observation satellite, such as high initial investment cost,<br />
coordination among different databases, reusability, customization, and isolation of various satellites from one another.<br />
Moreover, the changing landscape in the space industry will affect the earth observation industry, especially in downstream activities. Downstream<br />
companies are focused on securing new data to ensure cost reduction in a commercial marketplace. Joint ventures and acquisitions are going to gain<br />
important tactical aspect in the earth observation satellite industry. For instance, the government is actively participating in the development of earth<br />
observation fleet for several purposes, such as remote sensing, earth science, and meteorology.<br />
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<strong>Earth</strong> <strong>Observation</strong> <strong>Satellite</strong> <strong>Market</strong> 2018<br />
“Taste the market data and market information presented through more than 50 market data tables and figures spread in 100<br />
numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “<strong>Earth</strong> <strong>Observation</strong><br />
<strong>Satellite</strong> <strong>Market</strong> Research Report - Global Forecast 2023”<br />
For instance, Orbital ATK had launched 10 earth observation satellites from Planet Labs, with its Minotaur C rocket to provide information related to<br />
businesses, governments and non-governmental organizations (NGOs) around the world. Similarly, Thales Alenia Space had signed a contract with Airbus<br />
Defense and Space GmbH to develop the Biomass spacecraft in order to determine the distribution of biomass in the world’s forests and measure annual<br />
changes. It is the first space borne exploration of the <strong>Earth</strong>’s surface using a P-band radar. Additionally, the data generated will be used to monitor the<br />
ionosphere, glacier and ice sheets, mapping subsurface geology in deserts and the topography under dense vegetation.<br />
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<strong>Earth</strong> <strong>Observation</strong> <strong>Satellite</strong> <strong>Market</strong> 2018<br />
Segmentation:<br />
On the basis of region, the market is segmented into America, Asia Pacific, Europe, and Rest of the World. North America region is expected to<br />
dominate the market in future, due to significant investment in surveillance and monitoring technologies. For instance, SpaceX and Airbus Defense built<br />
the first Spanish earth observation satellite to assist with civil operations, such as border control, tactical support, natural disaster management,<br />
environmental monitoring, risk management, and counter-piracy actions. The Asia Pacific region is second to the North America region in the global<br />
earth observation satellite market as several companies are operational in commercial verticals in media and entertainment and disaster management, with<br />
the help of earth observation satellites. Thus, the global earth observation satellite market is estimated to grow at approximately 9% CAGR from 2017 to<br />
2023.<br />
Browse Report @ https://www.marketresearchfuture.com/reports/earth-observation-satellite-market-5968<br />
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<strong>Earth</strong> <strong>Observation</strong> <strong>Satellite</strong> <strong>Market</strong> 2018<br />
<strong>Earth</strong> <strong>Observation</strong> <strong>Satellite</strong> <strong>Market</strong> Prominent Players:<br />
Application & Major Players in this Research:<br />
Airbus Defence and Space (U.S.),<br />
OHB SE (Germany),<br />
Boeing Defense Space & Security (U.S.),<br />
JSC Information <strong>Satellite</strong> Systems (Russia),<br />
Lockheed Martin (U.S.),<br />
Orbital ATK (U.S.),<br />
Space Systems/Loral (U.S.),<br />
Thales Alenia Space (France), and Space Exploration Technologies Corp. (U.S.)<br />
. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/5968<br />
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<strong>Earth</strong> <strong>Observation</strong> <strong>Satellite</strong> <strong>Market</strong> 2018<br />
<strong>Earth</strong> <strong>Observation</strong> <strong>Satellite</strong> <strong>Market</strong> Competitive Analysis<br />
Commenting on the report, an analyst from <strong>Market</strong> Research Future (MRFR)’s team said:<br />
The primary goal for earth observation satellite is to gather information related to the geological aspect of the earth.<br />
The increased need for advanced image-enhancing equipment will enable manufacturers to improve the quality of<br />
satellite-based earth observation images. The factors responsible for the growth of the global earth observation satellite<br />
market are emerging satellite constellations, cloud computing, high-resolution data, re-usable satellite launch vehicles<br />
and technological improvements in satellite imagery. In general, earth observation satellites provide key information<br />
and unique data to support climate change activities.<br />
The global earth observation satellite market is segmented based on application, payload type, and region. Among<br />
application, environment monitoring is widely used and comprises the largest share in the market. The key growth<br />
factor of environmental monitoring is increasing requirement of real-time data related weather forecast and climate<br />
pattern. Among payload type, SATCOM has the largest demand in the earth observation satellite market during the<br />
forecast period.<br />
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