DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/sh9wlt/global) has announced the addition of the "Global Satellite-based Earth Observation Market 2015-2019" report to their offering.
The global satellite-based earth observation market to grow at a CAGR of 13.23% over the period 2014-2019.
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.
The report, 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.
The use of small satellites in large constellations is an emerging trend that would gain considerable traction in the future. Large satellites orbit the earth every 100 minutes. As it could take a week for the satellite to return to the same location, depending on the orbit, countries have started placing smaller satellites as part of the constellation they send into space. The small size and low cost of these satellites make them an easy fit in a large constellation, and enable them to complete the orbit faster than larger satellites and increase the imaging coverage as well.
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.
Key vendors
- DigitalGlobe
- DMC International Imaging
- MDA Information System
- Skybox Imaging (Google)
- ImageSat International
Other prominent vendors
- BlackBridge Group (Rapid Eye)
- Deimos Imaging
- eGEO
- GeoOptics
- hisdeSAT Servicios Estrategicos
- PlanetiQ
- Planet Labs
- Satellogic
For more information visit http://www.researchandmarkets.com/research/sh9wlt/global
