Satellite-based
Earth Observation (EO) is a process of using remote-sensing technique
to gather information on the chemical, physical and biological
aspects of the earth system. This technique allows the measurement of
geophysical parameters of the earth from the orbit with the use of
cameras and sensors. The gathered information can be effectively used
to monitor and predict cloud cover and climate patterns, detect and
assess damage during floods, tsunamis, and other natural disasters,
agricultural and usage, petroleum and mineral deposits, availability
of water sources. It also facilitates the management of earth’s
natural resources in a resourceful manner. The satellite-based earth
observation industry is witnessing an impressive growth, with around
260 satellite launches expected over the next decade.
Read
More :- https://researchreportsindustry.wordpress.com/2015/01/14/satellite-based-earth-observation-services-industry-segment-up-to-2020
One
of the main drivers in this market is the technological improvements
in satellite imagery. Advanced image-enhancing equipments such as
high-resolution cameras, and advanced remote-sensing technology have
improved the quality of satellite-based earth observation images.
This data is shared from various satellites and accordingly used by
defense, science, research and development organizations, and private
users. The U.S. based earth observation satellite operators GeoEye
and DigitalGlobe, along with Europe-based SPOT Image share more than
60 % of the total revenues from commercial data sales.
The
challenge for the imagery market is the initial high investment cost.
Moreover, other challenges arising due to the incoordination among
different databases still persist due to the isolation of various
satellites from one another. All these challenges are expected to be
resolved by the much anticipated technology together developed by the
new upcoming formation ‘Group on Earth Observation System of
Systems’ (GEOSS). This is a system of systems that will link the
existing and the upcoming observing systems around the globe and fill
in the loop holes of uncommon technical standards seen in the
development of new observing systems.
It
will offer a single internet access point to all the users seeking EO
data from existing data bases as well as the new up-to-date portals,
thus, making the information and analysis to flow directly to the
users across various domains. Demand for EO data is increasing from
users such as surveyors, farmers, miners, fishers, engineers, and
others decision makers, to pursue their business objectives. This
technology is also expected to fuel growth for earth observations
market in other areas such as land management, natural disaster
response, insurance, real estate and tourism industry. Increased
demand for EO data from public entities and private companies such as
Google, Inc. for its use in mapping and location based services is
further expected to stimulate the earth observations market growth.
Demand
for satellite-based earth observation market will be high from
developing countries such as Vietnam, Malaysia, Kazakhstan and South
Africa who would be widening their native autonomous capabilities in
the near future. United States, Europe, China and India are all
important operators of remote sensing satellites. Leading operators
and service providers in these regions are partnering with Geographic
Information System (GIS) companies and manufacturers of mobile
devices to provide individual consumers with advanced information
products and services. Initiatives taken by the government to embrace
EO, in addition to the collaboration among operators to expand their
capabilities by means of technology transfer would be the major
driving factors in the satellite-based earth observation market.
With
booming demand anticipated equally for complex and economical EO
missions, the manufacturing and launch industries are likely to
profit from the significant returns. Major trend is seen in
increasing use of satellite-based earth observations in Maritime
surveillance, for its ability to rapidly evaluate situations during
extreme weather conditions and in war-time crisis. The key vendors
include: Dettwiler & Associates Ltd., Deimos Imaging S.l., Skybox
Imaging Inc., ImageSat International, PlanetIQ and Rapid Eye A.G.
More
Reports on Technology and Media Market :
http://www.transparencymarketresearch.com/technology-market-reports-8.html
This
research report analyzes this market depending on its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
Enquiry
Before Buying :-
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2925
