What is Satellite-based Earth Observation Market?
Satellite based earth observation uses the remote sensing technique for gathering the information on the chemical, physical and biological aspects of the earth system. This allows the measurement of parameters of the earth from the orbit by using cameras and sensors. The information is also used for predicting the gathering of cloud cover and climate patterns, detect and assess damage during floods, tsunamis, and other natural disasters. It also helps in management of earth’s natural resources in a resourceful manner.
The market study is being classified, by Application (Climate & Environment, Disaster Management System and Earth Observation) and major geographies with country level break-up.
Deimos Imaging S.l. (Spain), Planet Labs (United States), PlanetIQ (United States), Rapid Eye A.G. (United Kingdom), Airbus Defense and Space (France), MDA Corp. (Canada), UrtheCast Corp. (Canada), Harris Corporation (United States), Maxar Technologies (United States), Thales Group (France) and E-GEOS (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Satellite-based Earth Observation market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Satellite-based Earth Observation market by Type, Application and Region.
On the basis of geography, the market of Satellite-based Earth Observation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Technological Improvements in Satellite Imagery
- Increasing Demand for Data Analytics
- Increasing Need to Generate Big Data for Accurate Insights
- Usage of Alternative Earth Observation Technologies
- Support from the Government to Develop Highly Advanced Satellite Imaging
- Adoption of Commercial Satellite Imaging in Various Industries
- Stiff Competition Among the Major Players
Key Target AudienceSatellite Manufacturers, Raw material suppliers, Government associations, Research organizations and Others
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