Global Satellite Based Earth Observation Market 2019-2024 | Industry Analysis by Growth Potential, Types, Applications, Rising Trends and Forecast to 2024 – Industry Research.co
Satellite Based Earth Observation Industry 2019 Global Market Research report 2019 covers a detailed study of the Satellite Based Earth Observation Market size, growth, and share, trends, consumption, segments, application and Forecast 2024.
New research report on “Satellite Based Earth Observation Market” 2019-2024 is a proficient and in-depth research offers an summary of the current market status, historic, and expected way forward for the Satellite Based Earth Observation market. Satellite Based Earth Observation market report on the world’s major regional market conditions, focusing on the main regions. Satellite Based Earth Observation market report offers an extensive analysis of Satellite Based Earth Observation industry to guide market players, new entrants and investors to get opinion of Satellite Based Earth Observation industry.
Scope of the Report:
- Satellite based earth observation is done with the help of satellites orbiting around the planet to view and identify environmental changes, meteorology, map making, etc. The satellite-based earth observation technology capture and stores information from satellites relating to the physical, biological and chemical compositions of the Earth for monitoring, surveillance and decision-making in various verticals, such as Defense and Intelligence, Infrastructure and Engineering, Natural Resource Management, Energy and power, Disaster Management.
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- The satellite based earth observation market is expected to register a CAGR of 13% during the forecast period (2019-2024). With the huge number of research and technological advancements going on in the market including big data, the utilization of the data generated and the activities in the industry are expected to increase, thereby, driving the market growth.
- – Satellite observation from the orbit enables a differentiated set of options to monitor our planet from different angles, which can enhance the exploitation and management of the resources currently present on Earth.
- – Enhancement of equipment for geographical information and image processing has led to broad improvisation in performance and reduction of the price of the tools being used, owing to which the adoption rate is increasing, thereby, fueling the market.
- – However, despite many advantages offered through the data collected and value-added services from Earth observation, the presence of open data from various countries like EOSDIS from the US, Copernicus from Europe, etc. is likely to act as a strong challenge to the market growth.
Satellite Based Earth Observation market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. The Satellite Based Earth Observation market 2019 report consists of the latest developments, market shares, and strategies employed by the major market players.
Top Key Players of Satellite Based Earth Observation Market Report Are:
- Airbus Defense and Space
- Satcom Technologies
- GeoOptics Inc.
- ImageSat International NV
- MDA Corp.
- Planet Labs Inc.
- PlanetIQ LLC
- UrtheCast Corp.
- Harris Corporation
Satellite Based Earth Observation Market Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2024, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2024
- Satellite Based Earth Observation Market opportunities and recommendations for new investments
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Key Market Trends:
Big Data to Drive the Market Growth
– The satellite based earth observation market is in an expanding state today and is expected to boom over the next coming years owing to the recent technological breakthroughs regarding data collection and storage. There is an increasing availability of high-quality earth observation data, both in terms of variety and quality of resolution.
– The increasing growth of the market is also due to the global recognition of EO as an important tool to tackle the important challenges of the 21st century such as climate change, resources management or disaster mitigation.
– EO satellites provide vital information regarding societal challenges and industrial activities in multiple end-users, such as agriculture, change detection, meteorology, etc.
– Business opportunities are arising from the increased number of satellites being launched every year and the massive amount of data they provide. Globally, natural resources management, engineering, infrastructures, and defense are expected to be the main application areas supporting growth in Big Data in EO.
North America to Hold the Largest Market Share
– North America, consists of a good number of players that have emerged primarily with the increase of digitalization and sales of mobile gadgets and portable equipment in the region.
– The rise in the demand for data, technological improvement, the emergence of high-resolution data, awareness and sales of satellite based products, and an increase of consumer-oriented products, for instance, Google Earth which is a navigation software which uses real-time satellite data to give traffic details has been a driver for the market in recent times.
– With the technological advancements in sensing and imaging technologies in the past years, the creation of advanced observation satellites for monitoring purposes has been increasing in the North American region thus, driving growth in the market.
Satellite Based Earth Observation Market Report Answers Following Questions:
- What are the important RandD (Research and Development) factors and data identifications to responsible for rising market share?
- What are future investment opportunities in the in Satellite Based Earth Observation Devices landscape analyzing price trends?
- Which are most dynamic companies with ranges and recent development within Satellite Based Earth Observation Devices Market till 2024?
- In what way is the market expected to develop in the forthcoming years?
- What are the principle issues that will impact development, including future income projections?
- What are market opportunities and potential risks associated with Satellite Based Earth Observation Devices by analyzing trends?
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Detailed TOC of Satellite Based Earth Observation Market Report 2019-2024:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Increasing Generation of Big Data in Earth Observation
4.3.2 Emerging Technologies Associated with Satellite and Payload
4.4 Market Restraints
4.4.1 Presence of Open Data From Major Countries
4.5 Value Chain Analysis
4.6 Industry Attractiveness – Porter’s Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5 TECHNOLOGY SNAPSHOT
6 MARKET SEGMENTATION
6.1 By Application
6.2 By End-user Vertical
6.2.1 Defense and Intelligence
6.2.2 Infrastructure and Engineering
6.2.4 Energy and Power
6.2.5 Other End-user Verticals
6.3.1 North America
6.3.4 Latin America
6.3.5 Middle East and Africa
7 COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Airbus Defense and Space
7.1.2 Satcom Technologies
7.1.3 GeoOptics Inc.
7.1.4 ImageSat International NV
7.1.5 MDA Corp.
7.1.6 Planet Labs Inc.
7.1.7 PlanetIQ LLC
7.1.8 UrtheCast Corp.
7.1.9 Harris Corporation
8 INVESTMENT ANALYSIS
9 MARKET OPPORTUNITIES AND FUTURE TRENDS
Name: Ajay More
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