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Trending Research: Global Earth Observation Satellite Market Overview, Opportunities, Analysis, Growth Impact, Regional Outlook, Competitive Strategies and Demand during 2018-2023

09-28-2018 02:19 PM CET | Media & Telecommunications

Press release from: Report Consultant

Trending Research: Global Earth Observation Satellite Market

The examination report global Earth Observation Satellite Market is a market contemplate analyzing and profiling the present condition of the market information incorporation answers for industry in an expert way.
Satellite-based earth observation (EO) involves the gathering of vital information affecting the earth's structure through remote sensing satellites. These satellite-based EO images are used in sectors such as defense and intelligence, weather, agriculture, natural resources, engineering and construction, media and entertainment, transport, and tourism. The wide range of application for EO satellites have led to its increased usage in the recent years. By January 2017, around 190 such satellites were orbiting the planet and this number is expected to increase to more than 350 EO satellites by the end of 2022. China and the US, together, control nearly half of the shares of the space fleet.

Report Consultant’s market research analyst predicts the global satellite-based earth observation market to grow steadily at a CAGR of more than 14% during the forecast period.

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Top Key Players:
Airbus Group, DigitalGlobe, DMC International Imaging, ImageSat, MDA, Other prominent vendors in the market include BlackBridge Group, Deimos Imaging (UrtheCast), e-GEOS, GeoOptics, Geosys, hisdeSAT Servicios Estrategicos, PlanetiQ, Planet Labs, Satellogic, Skybox Imaging (Google).

Geographical segmentation and analysis of the satellite-based earth observation market, APAC, EMEA, Latin America, North America, North America lead the market during 2016, accounting for a market share of 48%. The majority of the global demand for earth observation data and value-added services comes from North America. Earth observation data is widely used across industries and applications such as location-based services and living resources in this region. Moreover, defense and intelligence and government organizations here use imagery data extensively. The global satellite-based EO market is moderately competitive due to the presence of few players. Most EO applications are dominated by government agencies, who prefer to have a long-term partnership with the vendors. This research report anticipates the competition in this market to intensify over the next four years due to the growing demand for satellite-based data and VAS. To meet this increased demand, players have been seeking entry into the data and VAS segment. Vendors have also started using M&A as a strategy to enhance their service delivery. For instance, Google acquired Skybox Imaging for $500 million during 2017. This acquisition is expected to improve the accuracy of its data and enable the provision of up-to-date imagery for Google Earth and Google Maps.

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Segmentation by vertical and analysis of the satellite-based earth observation market, Defense, Weather forecast and metrological application, LBS, Energy, Agriculture, Insurance, Mining and oil and gas, Transport and logistics, Telecommunication and utilities, Living resources, Disaster management, The defense sector accounted for more than 36% of the market shares during 2016 and is expected to witness a steady growth during the forecast period. The rising demand from the defense sectors of APAC countries such as China, South Korea, Japan, Australia, and India is a key growth driver for this segment.

Key questions answered in the report include
• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global satellite-based earth observation market?
• What are the key market trends impacting the growth of the satellite-based earth observation market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the global satellite-based earth observation market?
• What are the trending factors influencing the market shares of APAC, EMEA, Latin America, and North America?
• What are the key outcomes of the five forces analysis of the satellite-based earth observation market?

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Table of Content:
1. Market Overview of Global Earth Observation Satellite Market
2. Competition Analysis by Players
3. Company (Top Players) Profiles
4. Software Market Size by Type and Application
5. US Market Status and Outlook
6. EU Manufacturing Development Market Status and Outlook
7. Japan Earth Observation Satellite Market Development Status and Outlook
8. China Market Status and Outlook
9. India Market Status and Outlook
10. Southeast Asia Market Status and Outlook
11. Market Forecast by Region, Type and Application
12. Earth Observation Satellite Market Dynamics
13. Market Effect Factor Analysis
14. Research Finding/ Conclusion
15. Appendix

About Us:
Report Consultant - A global leader in analytics, research and advisory that can assist you to renovate your business and modify your approach. With us, you will learn to take decisions intrepidly. We make sense of drawbacks, opportunities, circumstances, estimations and information using our experienced skills and verified methodologies.

Our research reports will give you an exceptional experience of innovative solutions and outcomes. We have effectively steered businesses all over the world with our market research reports and are outstandingly positioned to lead digital transformations. Thus, we craft greater value for clients by presenting advanced opportunities in the global market.

Contact us:

Rebecca Parker
(Report Consultant)
Akasaka biz tower,
5-3-1 akasaka minato-ku,
Tokyo, Japan
Contact No: +81-368444299
sales@reportconsultant.com
www.reportconsultant.com

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