Satellite Based Earth Observation Market Projected to Surpass US$ 7 Billion by 2023 | Global Key Players - Airbus Defense and Space, Deimos Imaging, Dettwiler & Associates, Digital Globe, GeoOptics, Skybox Imaging, MDA, Planet Labs

Marketprognosis.com Publish a New Market Research Report On “Global Satellite Based Earth Observation Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Satellite Based Earth Observation Market:

The Global Satellite Based Earth Observation Market is expected to reach about 7 Billion by 2023. The satellite based earth observation market, despite the high initial cost of investment and the firm governmental control and dependence, is an emerging market today and is projected to grow exponentially in the next decade.

The satellite-based earth observation technology involves the capture and storage of 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, location-based and navigation services, Information Management System, etc. Increased number of commercial makers and launchers, like SpaceX and Lockheed Martin has marginally reduced the average price of the earth observing satellites. This situation coupled with a race between governments to become dominant in space technologies is providing a better outlook to the satellite based earth observation market in the near future.

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The amount of governmental control and regulations in the form of data policy and norms for safety and security purposes has resulted in the Government occupying the majority share in the market for a long time now. However, in more developed economies, such as North America and Europe, a good number of corporate players have emerged consistently with the increase of digitalization and sales of mobile gadgets and equipment. The rise in the demand for data, improvement in technology, the evolution of high-resolution data, awareness of satellite-based products, and an increase of consumer-oriented products, like Google Earth has led to the expansion of the earth observation market in the recent times.

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With Asia Pacific countries like India, China, and Japan, providing better prospects for the growth of space-related projects and research the cost of launching satellites into the orbits are reducing marginally which are benefiting the commercial players. According to the statistics form the UCS Satellite database, in 2017, the number of earth observation satellites launched by commercial/civil users (175) exceeded the number of earth observation satellites launched by any government/military organisations (19), for the first time. The figures indicate not only the increase in demand for EO satellites in the commercial space but also a critical shift in the market that is more tending towards the commercial players.

Major Key Players:

1 Airbus Defense and Space

2 Deimos Imaging, SL

3 Dettwiler & Associates Ltd.

4 Digital Globe, Inc.

5 GeoOptics, Inc.

6 ImageSat Inyternational N.V

7 Skybox Imaging, Inc.

8 MDA Corp.

9 Planet Labs, Inc. and More…………

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Satellite Based Earth Observation Market.

Table of Contents:

1 Introduction

2 Executive Summary

3 Market Overview

4 Market Dynamics

5 Global Satellite Based Earth Observation Market Segmentation

6 Company Profiles

7 Investment Analysis

8 Future of Global Satellite Based Earth Observation Market

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