Press release
Satellite-based Earth Observation Market to witness Massive Growth by 2025-Airbus Defense and Space, Satcom Technologies, GeoOptics Inc
Satellite-based Earth Observation Market by Component, Application, Services, and Region- Forecast to 2025The Global Satellite-based Earth Observation Market Research Report 2021-2025 published by MarketInsightsReports is a significant source of keen information for business specialists. It furnishes the Satellite-based Earth Observation business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Satellite-based Earth Observation worth chain and its wholesaler examination. Satellite-based Earth Observation Market study gives extensive information which upgrades the agreement, degree, and use of this report.
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-Top Leading Companies of Satellite-based Earth Observation Market are Airbus Defense and Space, Satcom Technologies, GeoOptics Inc., ImageSat International NV, MDA Corp., Planet Labs Inc., PlanetIQ LLC, UrtheCast Corp., Harris Corporation and others.
-Market Segmentation- Satellite-based Earth Observation-
The global satellite-based Earth observation market was valued at USD 2,743.6 million in 2019, and it is expected to reach USD 4,427.2 million by 2025, registering a CAGR of 8.5% during 2020-2025.
-Industry News And Updates on Satellite-based Earth Observation Market-
North America to Hold the Largest Market Share
- North America is anticipated to dominate the market studied, during the forecast period, due to the highest number of ongoing research studies and investments in the market, the presence of a sophisticated infrastructure to undertake space programs, and the quickest and highest adoption of commercial satellite imaging across various industries in the region. _
- Due to the strong support from the federal government, in the form of grants to academic institutions and companies, to develop highly advanced satellite imaging devices, the market studied is estimated to expand further in the region-Key Market Trends Satellite-based Earth Observation Market-
Increasing Need to Generate Big Data to Offer Accurate Insights on Earth Observation
- The earth observation industry is continually developing, anticipating a seamless integration of new technologies, sensing modalities, and unconventional data sources. As the demand for earth observation data explodes to address the global population's challenges, climate change, disasters, etc., the need for capturing the earth observation data on various scales, including small scale to large scale, increases, thereby increasing the demand for satellite-based Earth observation._
- The big Earth observation data has gradually promoted the development of global industries, research institutions, and application sectors, which has had a profound impact on the study of the Earth system contributing to human activities, environmental monitoring, and climate changes, and also provided abundant data resource for the construction of digital Earth.
-Competitive Landscape On Satellite-based Earth Observation Market-
January 2020 - Virgin Orbit signed an agreement with ImageSat International (ISI) to develop an end-to-end responsive space service offering focused on national security customers. The joint turnkey service was announced at the 15th Ilan Ramon International Space Conference, during Israel Space Week, which takes advantage of the responsive and flexible capabilities of Virgin Orbits LauncherOne system to rapidly deploy ISIs high-resolution Earth observation small satellites._
- August 2019 - MDA was awarded a contract from the Canadian space agency to execute the system design phase of a forest fire monitoring satellite. The purpose of the WildFireSat (WFS) mission would be to provide a space-based capability to increase Canadas ability to monitor wildland fires across the country_
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-Reasons for purchasing this Report-
-The report takes a 360-degree approach to ensure that the niche and emerging aspects are also factored Satellite-based Earth Observation in to ultimately get accurate results.
-Analyst Support: Get you query resolved by speaking to our research analysts before and after purchasing the report.
-Customer Satisfaction: Our team of research analysts will accommodate all your Satellite-based Earth Observation research needs and customize the report accordingly.
-Long-standing experience: Our team of analysts will offer elaborate and accurate insights pertaining to the Satellite-based Earth Observation Market
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