Earth Observation Satellite Market – Overview
The requirement for monitoring and forecasting climatic patterns is projected to motivate the market. Reports that explore the aerospace and defense industry have been presented by Market Research Future, which produces reports on industry verticals that appraise the market expansion and prospects. A CAGR of 9 % is anticipated to shape the market in the upcoming years.
The predominant competitors in the earth observation satellite market are OHB SE (Germany), Boeing Defense Space & Security (U.S.), Thales Alenia Space (France), Airbus Defence and Space (U.S.), JSC Information Satellite Systems (Russia), Space Systems/Loral (U.S.), Lockheed Martin (U.S.), Orbital ATK (U.S.), and Space Exploration Technologies Corp. (U.S.).
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Industry Updates:
Sep 2019 ESA intends to send the first Earth observation satellite integrating artificial intelligence (AI) in a few months. The ΙΈ-Sat (PhiSat) system will be mounted on one of the two CubeSats of the FSSCat mission and will be operated to select which pictures should be directed back to Earth for additional analysis.
The increased incidence of natural disasters requires damage assessment during natural disasters which are prompting growth of the earth observation satellite market. Moreover, the need to plan crop harvest and growth schedules is anticipated to boost the earth observation satellite market further. Also, the altering landscape in the space industry is expected to influence the earth observation industry in the future.
Competitive Analysis
The market is well-armed to find the way throughout the unstable tides, unforeseen turmoil, and unexplored waters in the international economy. The augmentation of the resources important to endure competition has enhanced broadly directed to a top development rate of the market. The profit generation streams in the market are optimized to yield maximum benefits in the coming years. The alternatives present for growth in the market are lucrative to long term growth of the market. The opportunity costs in the market are not elevated and are beneficial to progress in the market. The benefits to the economy from the development of the market are high. The current economic climate is promoting stable development in the market by favorable availability of resources. The market has accomplished a superior stride in the past couple of years, which is underscored by the events with regards to valuation. The increase in sponsors in the market plays an essential role in the progress of the market. The reduction in the barriers to trade is anticipated to embody cutting-edge areas for expansion in the approaching years.
Segmental Analysis
The study of the segments in the Earth Observation Satellite Market is conducted on the basis of application, payload type, and region. Based on the applications of earth observation satellite, the market is segmented into infrastructure, maritime, environment monitoring, energy, natural resources monitoring, and disaster management, among others. Based on the Payload Types, the earth observation satellite market is segmented into SATCOM, communication, EO/IR, imaging, and navigation. Based on the regions, the earth observation satellite market is segmented into North America, Europe, APAC, and the Rest-of-the-World.
Detailed Regional Analysis
The regional assessment of the earth observation satellite market covers regions such as America, Asia Pacific, Europe, and Rest of the World. The North American region is anticipated to control the market in the future, owing to important investments in monitoring and surveillance technologies. The incidence of international players which offer a good advantage to the U.S. and Canada along with the mounting IT industry in these nations are motivating the market in the region. The Asia Pacific region is following the North American region in the earth observation satellite market as some companies are working in commercial verticals in disaster management and media and entertainment, with the assistance of earth observation satellites.
Scope of Report
The report for Global Earth Observation Satellite Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economic and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/supply Chain Analysis
Continued……..
List of Tables
Table 1 Global Earth Observation Satellite: by Region, 2017-2023
Table 2 North America Global Earth Observation Satellite: by Country, 2017-2023
Table 3 Europe Global Earth Observation Satellite: by Country, 2017-2023
Table 4 Asia Pacific Global Earth Observation Satellite: by Country, 2017-2023
Table 5 Middle East & Africa Global Earth Observation Satellite: by Country, 2017-2023
Table 6 South America Global Earth Observation Satellite: by Country, 2017-2023
Table 7 Global Earth Observation Satellite, by Applications, by Regions, 2017-2023
Continued……..
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Continued…….
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