Press release
The Global Earth Observation System (Eos) Market Is Projected To Expand At A CAGR Of Around 9% Over The Next Decade
Earth observation systems are used in a wide range of industries, including defence, environmental and natural resource monitoring, location-based services, and many others. Furthermore, application industries such as disaster management, global positioning services, the maritime industry, and others contribute to market growth. As EOS satellites are launched into space and monitor the Earth, the data collected provides a unique and different perspective from which we can make informed decisions. Furthermore, earth observation systems are used in power and energy, maritime, and other industries, resulting in consistent demand across regions.
Read Report Overview: https://www.factmr.com/report/4632/earth-observation-market
Major players in the market that shape the competitive landscape are, but not limited to
Airbus group
Boring
BAE Systems
Lockheed Martin Corp
OHB Group
Thales Group
Raytheon Intelligence & Space
Northrop Grumman Corporation
Planet Labs Inc.
Maxar
Key Takeaways from Market Study
The global EOS market is expected to grow 2.4X in value by 2031.
Value-added services as a solution capture the highest share of more than half of the global market, and are set to create an absolute $ opportunity of around US$ 3 Bn by 2031.
Among the applications, infrastructure has been the fastest-growing segment, owing to rise in penetration of EOS across multiple industries over the past decade. Defence holds the highest market share with more than 40%, and is expected to expand at around 9.5% CAGR through 2031.
North America is set to dominate market revenue in 2021, and is expected to gain 180 BPS points by the end of 2031.
Europe is the second-largest market for EOS, with more than 22% global market share, but is expected to lose 56 BPS by the end of 2031.
"Investments infrastructure applications can be highly beneficial to EOS suppliers over the coming years,"says a Fact.MR analyst.
To remain 'ahead' of your competitors, request for a sample: https://www.factmr.com/connectus/sample?flag=S&rep_id=4632
Key Market Segments Covered
By Solution
Commercial Data
Value-added Services
By Application
Earth Observation Systems for Defence & Intelligence
Earth Observation Systems for Infrastructure & Engineering
Earth Observation Systems for Environment and Natural Resource Monitoring
Earth Observation Systems for Power & Energy
Earth Observation Systems for Location-based Services
Earth Observation Systems for Maritime
Earth Observation Systems for Disaster Management
Earth Observation Systems for Agriculture
Others
Region
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa
Ask an Analyst: https://www.factmr.com/connectus/sample?flag=AE&rep_id=4632
Winning Strategy
Key players in this market are constantly investing in technological advancements and R&D to develop better and more efficient equipment and lower costs. For example, SpaceX has made significant contributions to reusable rockets, which have significantly reduced remanufacturing costs. This enables companies to carry out their space programmes and launches with greater efficiency, lower costs, and greater data flexibility. These developments will drive market growth over the medium to long term.
What are the Potential Opportunities in Aerospace and Earth Observation?
Advances in space and rocket technology, as well as the use of reusable rockets, have created numerous opportunities for the aerospace industry. The cost of satellite launches has been significantly reduced thanks to reusable satellites. Prior to these, the cost of launching a satellite was nearly US$ 200 million, but with reusable rockets, the cost was reduced to US$ 60 million. With the decrease in satellite launch prices, opportunities for earth observation systems increased.
Choose Quick and Secure PayPal Payment Mode to Get Full Access to This Report: https://www.factmr.com/checkout/4632
What Do You Get in a Fact.MR Study?
Factors affecting the overall development of the global Earth Observation Market
Factor that might restrain the growth of the global market in the coming years of the forecast period.
What is present competitive scenario of the global Earth Observation Market and its intricate details concerning potential business prospects of leading market players
Pricing strategies of several different market players in the global Earth Observation Market
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Global Earth Observation System (Eos) Market Is Projected To Expand At A CAGR Of Around 9% Over The Next Decade here
News-ID: 2771075 • Views: …
More Releases from Fact.MR
Kids Bicycle Market Set for Remarkable Growth, Expected to Surpass US$ 29.64 Bil …
By 2023, the kids bicycle market is projected to be valued at US$ 18.7 billion, and by 2033, it is anticipated to grow at a compound annual growth rate (CAGR) of 4.7% to reach US$ 29.64 billion. By the end of 2023, sales of children's bicycles are predicted to make up over 37% of the worldwide bicycle market.
A positive shift in the demand for bicycles has been attributed to a…
U.S. Population Health Management (PHM) Solutions Market Set to Hit US$ 34.59 Bi …
The global market for population health management (PHM) solutions in the United States is expected to expand at a compound annual growth rate (CAGR) of 14.8% between 2021 and 2028, according to a recently released Fact.MR analysis. By the end of 2028, the market is projected to reach US$ 34.59 billion. Over the projected period, there is anticipated to be an increase in demand for U.S. Population Health Management (PHM)…
Bleaching Clay Market is Anticipated to Grow at a CAGR of 7.2% to Top US$ 1.86 B …
The bleaching clay market was valued at US$ 932.2 million in 2022. Moreover, growth is anticipated to pick up speed at a robust 7.2% CAGR during the evaluation period of 2022-2032, culminating in US$ 1.86 billion. Bleaching clay has been widely utilized for edible oil purification since the nineteenth century. Variations in the yield of oilseed crops are anticipated to positively affect the global market for bleaching clay since bleaching…
Automated Microscopy Market to Reach US$ 8.5 Billion by 2027, Grow at a CAGR of …
According to the most recent analysis conducted by market research and competitive intelligence company Fact.MR, the automated microscopy market is expected to be valued US$ 8.5 billion globally by 2027.
With the use of sophisticated monitoring techniques, automated microscopy is a contemporary technology that enhances the monitoring of biological material. In addition to reducing human error, automated microscopy offers accurate, automated magnification for topic examination and analysis. Because automated microscopy is…
More Releases for Earth
lacit Market With Industrial Analysis by Forecast 2020-2025 | China Minmetals Ra …
This report provides in-depth study on the current state of the Global Lacit Market 2020-2025. Key players in the Global Lacit Market have been identified through the secondary research and their market share has been determined through primary and secondary research.
Global Lacit Market overview:
It is a compound made from lanthanum acetate and citric acid. LaCit market is segmented by Type, and by Application. Players, stakeholders, and other participants in the…
Global Erbium Oxide Market 2017 - Chenguang Rare Earth, Longyi Heavy Rare-Earth, …
The report studies Erbium Oxide in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022
The report Global Erbium Oxide Industry provides a comprehensive analysis of the Erbium Oxide market. The report features industry insights from experts. A detailed segmentation of the Global Erbium Oxide market has been included in the…
Global Dysprosium Oxide Market 2017 - Longyi Heavy Rare-Earth, China Minmetals R …
The report studies Dysprosium Oxide in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022
The report Global Dysprosium Oxide Industry 2017 is a professional, in-depth study that includes insights extracted from complex information, which clients can use for their business advantage. A large volume of precise, reliable market data has…
Global Europium Oxide Market 2017 - Longyi Heavy Rare-Earth, China Minmetals Rar …
The report studies Europium Oxide in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022
The research report titled Europium Oxide has adopted an analytical approach to evaluate the dynamics of the Europium Oxide market. It provides a detailed analysis comprising an in-depth research on the Europium Oxide market growth drivers,…
Global Lutetium Oxide Market 2017 - Treibacher, China Minmetals Rare Earth, Long …
Global Lutetium Oxide Market Research Report 2017
Global Lutetium Oxide Market 2017, presents a professional and in-depth study on the current state of the Lutetium Oxide market globally, providing basic overview of Lutetium Oxide market including definitions, classifications, applications and industry chain structure, Lutetium Oxide Market report provides development policies and plans are discussed as well as manufacturing processes and cost structures. Lutetium Oxide market size,…
Global Rare Earth Metals Market 2017- Beifang Rare Earth, Jiangtong Rare Earth, …
Global Rare Earth Metals Industry 2017 is a comprehensive, professional report delivering market research data that is relevant for new market entrants or established players. Key strategies of the companies operating in the market and their impact analysis have been included in the report. Furthermore, a business overview, revenue share, and SWOT analysis of the leading players in the Rare Earth Metals market is available in the report.
Download Sample Report…
