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Earth Observation Satellite Market Increasing Demand, Growth Analysis and Future Outlook by 2031

07-05-2024 06:48 PM CET | Media & Telecommunications

Press release from: Orion Market Research

Earth Observation Satellite Market Increasing Demand, Growth

The global earth observation satellite market is expected to grow at a significant CAGR during the forecast period. The Earth observation satellite is designed for non-military applications such as climate monitoring and prediction, damage assessment during natural catastrophes, agricultural yield estimation, surface geology mapping, mineral resources, and water availability. It collects data on the chemical, physical, and biological components of the earth system from an altitude of 800 kilometres using remote sensing techniques. Using high-resolution cameras and advanced sensors, this approach allows for the measurement of global geology parameters from orbit.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/earth-observation-satellite-market

The development of global industries, research institutions, and application sectors has been assisted by large amounts of Earth observation data, which has had a significant impact on the study of the Earth system as it relates to human activities, environmental monitoring, and climate change, as well as providing an abundant data resource for the construction of a digital Earth. The growing need for data analytics to give the correct earth observation insights to many sectors based on their needs necessitates a significant volume of data. The majority of the organizations considered that the more data there was, the more accurate the insights might be created. Increasing Big Data must be generated to provide accurate insights into Earth Observation will drive the growth of the global earth observation satellite market.

In January 2020, Virgin Orbit and Image Sat International (ISI) signed an agreement to build an end-to-end responsive space service solution for national security customers. The collaborative turnkey service, which makes use of Virgin Orbit's Launcher One system's responsive and adaptable capabilities to rapidly deploy ISI's high-resolution Earth observation small satellites, was presented during the 15th Ilan Ramon International Space Conference, held during Israel Space Week.

Global Earth Observation Satellite Market by Segments

• By Type

o 500-600 Kilometres
o Above 600 Kilometres

• By Application

o Precision Agriculture, Forestry and Fisheries
o Weather Forecast
o Environmental Monitoring
o Financial Services
o Government and Defence
o Energy and Natural Resources
o Archaeological and Civil Infrastructure
o Mining
o Other

A full report of Earth Observation Satellite Market available @ https://www.omrglobal.com/industry-reports/earth-observation-satellite-market

Earth Observation Satellite Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Airbus Group
• Lockheed Martin Corp
• Thales Group
• Raytheon Intelligence & Space
• Northrop Grumman Corporation

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.


Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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