Press release
Satellite-Based Earth Observation Market to reach USD 4979.99 Mn by 2029, emerging at a CAGR of 4 percent and forecast (2022-2029)
Satellite-Based Earth Observation Market Report Scope and Research MethodologyThe market report provides a detailed analysis of key market dynamics, market segmentation, and regional insights. It highlights the anticipated growth of the Global Satellite-Based Earth Observation Market during the forecast period.The report segments the market based on various factors, such as technology, application, end-user industry, and geography. It provides a detailed analysis of each segment and their respective market sizes, growth rates, and trends.
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The report covers various satellite-based Earth observation technologies, including optical imaging, radar imaging, and others. It evaluates the market potential, advantages, and limitations of each technology.The report examines the key applications of satellite-based Earth observation, such as agriculture, forestry, environmental monitoring, defense and security, and others. It analyzes the market size and growth prospects for each application.
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What are Satellite-Based Earth Observation Market Dynamics?
The market growth is driven by advancements in satellite technology, including high-resolution cameras and advanced remote-sensing capabilities, which enable the acquisition of high-quality satellite-based earth observation images. These technological improvements have led to increased adoption of satellite data by defense, research and development organizations, private users, and companies like Google Inc. for mapping and location services, thereby fueling the market's expansion. Furthermore, the government's significant investment of approximately $10 billion in 2021 for the EO program in the civil and meteorology sector is expected to further drive market growth.
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What is Satellite-Based Earth Observation Market Regional Insight?
North America is projected to hold a significant market share during the forecast period, attributed to continuous research activities, high adoption of satellites across various industries, and substantial investments in the region. Developing countries such as Vietnam, Malaysia, Kazakhstan, and South Africa are also witnessing an expansion of their autonomous activities, leading to growth opportunities in the Satellite-Based Earth Observation Market. Additionally, government initiatives to develop advanced satellite imaging devices, collaborations between Geographic Information System (GIS) companies and remote sensing satellite operators, and the launch of Earth observation satellites by numerous countries are expected to drive market growth.
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What is Satellite-Based Earth Observation Market Segmentation?
by Application
• Data
• VAS
by End User
• Defense and Intelligence
• Infrastructure and Engineering
• Agriculture
• Energy and Power
by Satellite Orbit
• Low Earth Orbit
• Medium Earth Orbit
• Geostationary orbit
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Who are Satellite-Based Earth Observation Market Key Players?
• Airbus Defense and Space
• MDA Corporation
• UrtheCast Corporation
• Harris Corporation
• Planet Labs Inc.
• GeoOptics Inc
• Hispasat,
• ImageSat International N.V
• L3Harris Technologies Inc
• Maxar Technologies
• PlanetiQ, Thales Group
• Dettwiler & Associates Ltd
• Deimos Imaging S.l.
• Skybox Imaging Inc
• Rapid Eye A.G.
Table of content for the Satellite-Based Earth Observation Market includes:
1. Global Satellite-Based Earth Observation Market: Research Methodology
2. Global Satellite-Based Earth Observation Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Satellite-Based Earth Observation Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Satellite-Based Earth Observation Market Segmentation
• Global Market, by Application (2021-2029)
• Global Market, by End User(2021-2029)
• Global Market, by Satellite Orbit(2021-2029)
5. Regional Satellite-Based Earth Observation Market(2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by End User(2021-2029)
• Regional Market, by Satellite Orbit(2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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