Global Satellite-based Earth Observation market to grow at a CAGR of 13.23% over the period 2014-2019; Finds New Report

Report forecast the global satellite-based earth observation market to grow at a CAGR of 13.23% over the period 2014-2019.

Satellite-based earth observation is the process by which information related to Earth's physical, biological, and chemical composition are gathered from satellites by remote sensing techniques. The information gathered through satellites can be effectively used to monitor and predict weather changes, disasters and natural calamities, climate patterns, agriculture forecasts, oil and mineral deposits, and the availability of water sources. Satellite-based earth observation is used across various industries such as defense and intelligence, oil and gas, weather, agriculture, natural resources, engineering and construction, media and entertainment, and tourism.

The global satellite-based earth observation market can be segmented on the basis of vertical: defense and intelligence, government authorities, energy and natural resources, navigation and location-based services, industry, and living resources. The market is also segmented on the basis of data and VAS revenue.

According to the report, earth observation satellites are used for accessing data and satellite images pertaining to civil construction, weather forecast, climate, disasters, agriculture, and biodiversity. Around 190 satellites were orbiting the planet as of January 2014.  We expect this number to increase considerably driven by the widening application base of earth observation satellites.

Further, the report states that the increasing use of UAV-based earth observation services across various application areas is expected to be prohibitive to the growth of the satellite-based earth observation market.

The Global Satellite-based Earth Observation Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

key players in the global satellite-based earth observation market: DigitalGlobe, DMC International Imaging, MDA Information System, Skybox Imaging (Google) and ImageSat International

Other Prominent Vendors in the market are: BlackBridge Group (Rapid Eye), Deimos Imaging, eGEO, GeoOptics, hisdeSAT Servicios Estrategicos, PlanetiQ, Planet Labs and Satellogic

Key regions

• APAC
• Europe
• Latin America
• MEA
• North America

Market driver

• Launch of growing number of earth observation satellites
• For a full, detailed list, view our report

Market challenge

• Adoption of UAV-based earth observation
• For a full, detailed list, view our report

Market Trend

• Increased use of small satellites for earth observation
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this 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 key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 97 pages and 35 Exhibits “Global Satellite-based Earth Observation Market 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Five Forces Analysis, Market Segmentation: By vertical, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Market Growth Drivers, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/42t

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