Remote Sensing Satellites Market 2018 Global Industry Analysis By SATCOM, Radar and Electro Optic/ Infrared With Key Companies Review - Airbus, Ball, Lockheed Martin, Mitsubishi, Thales, Boeing and Others

Global Remote Sensing Satellite Market by System (SATCOM, Radar, and Electro Optic / Infrared), and by Geography - Forecast To 2021

Global Remote Sensing Satellite Market Synopsis

The Global Remote Sensing Satellite Market is expected to grow at a CAGR of around 5% during 2016-2021. The key factors driving the demand are growing investment on satellite communication and ISR payloads, and the growing need for advanced optical imaging systems.

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As per the MRFR analysis, factors restraining the market are the cost associated with satellite launch and complexities attached to its integration with several platforms.

Development of battlefield surveillance radar (BFSR), next generation AmerHis Satellite, and innovation in antenna and satellite technology are the on-going trends which will impact the market in the forecast period.

Industry/ Innovation/ Related News:

August, 2017 – SpaceX Falcon 9 launched a remote sensing satellite for the government of Taiwan. The spacecraft carried cameras capable of producing panchromatic images at a resolution of two meters and colour images at a resolution of four meters.

October, 2016 – Orbital ATK signed a contract with NASA to build next civilian land remote sensing satellite to provide valuable data for agriculture, emergency response and disaster relief.

September, 2015 – Thales Alenia Space had signed a contract with the French Space Agency, Centre National d’Etudes Spatiales, for feasibility study regarding the development of a high-resolution optical remote sensing satellite system.

Key Players

Some of the key players in the Global Remote Sensing Satellite Market are :

• Airbus Defence and Space
• Ball Aerospace
• Lockheed Martin
• Mitsubishi Electric
• Thales Alenia Space
• Boeing, CASC
• ISS Reshetnev
• Orbital ATK
• Telespazio

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Scope Of Report

The market report for Global Remote Sensing Satellite Market of Market Research Future comprises of 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 economical 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.

Target Audience

• Satellite OEMs
• Equipment / System Suppliers
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager

Global Remote Sensing Satellite Market – Segmentation

The global remote sensing satellite market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by System : Comprises SATCOM, Radar, EO/IR and Others

Segmentation by Application : Comprises Earth Observation, Telecommunication, Meteorology, Mapping and Navigation and Others

Segmentation by End User : Comprises Defense and Commercial

Segmentation by Regions : Comprises Geographical regions - North America, Europe, Asia-Pacific, Middle East & Africa and South America.

Global Remote Sensing Satellite Market: Regional Analysis

European region is dominating the market of global remote sensing satellite market due to continuous advancements in the usage of new frequencies, signal transmission techniques, and effective terminals. North America market is referred to as the second-largest remote sensing satellite market due to factors such as growing investments in various military and commercial satellites programs have fuelled the demand for global remote sensing satellite market. The market in the North American is largely driven by increasing demand for remote sensing services in various sectors such as Oil & Gas, mineral exploration, energy and power, which helps in growth of global remote sensing satellite market.

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