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.
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.
About us
Transparency Market Research (TMR) is a next-generation provider of
syndicated research, customized research, and consulting services.
TMR’s global and regional market intelligence coverage includes
industries such as pharmaceutical, chemicals and materials,
technology and media, food and beverages, and consumer goods, among
others. Each TMR research report provides clients with a 360-degree
view of the market with statistical forecasts, competitive landscape,
detailed segmentation, key trends, and strategic recommendations.
US Office
Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com
No comments:
Post a Comment