|By Business Wire||
|April 17, 2014 11:46 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/94hwb6/global) has announced the addition of the "Global Satellite-based Earth Observation Market 2014-2018" report to their offering.
The Global Satellite-based Earth Observation market will grow at a CAGR of 11.34 percent over the period 2013-2018.
One of the major trends witnessed in the market is the formation of the GEOSS. GEOSS is an internet-based platform that allows users of Earth observation data to access, search, and use the data, information, tools, and services for their needs. GEOSS is mainly used to develop a data-driven system to investigate the Earth's past, present, and future scenarios and models. In addition, the GEOSS is expected to address societal benefit areas of critical importance such as disaster, climate, water, weather, ecosystem, agriculture, biodiversity, health, and energy. The GEOSS was developed by the GEO, a voluntary partnership of governments and international organizations, to utilize the growing potential of Earth observation. The GEO has been coordinating efforts to build GEOSS on the basis of a 10-year implementation plan. The GEOSS system is expected to be completed by 2015. Therefore, the formation of GEOSS is an emerging trend that is expected to have a positive influence on the growth of the market during the forecast period.
According to the report, one of the main drivers in this market is the increasing number of Earth observation satellites being launched. Seven Earth observation satellites were launched between January 2013 and October 2013. In addition, almost 30 Earth observation satellite missions are expected to be launched during November 2013-December 2014, and almost 258 Earth observation satellites are expected to be launched during 2014-2029.
Further, the report states that one of the major challenges in the market is the increasing adoption of UAV-based Earth observation. Many defense organizations as well as natural resources and biodiversity researchers, are using UAVs to gather information and imagery, because the UAVs provide more flexibility and hyper-spatial data compared to the satellite-based Earth Observation data.
- Astrium N.V.
- DigitalGlobe Inc.
- DMC International Imaging Ltd.
- MacDonald, Dettwiler & Associates Ltd.
Other Prominent Vendors
- Deimos Imaging S.l.
- eGEOs S.p.A.
- GeoOptics Inc.
- hisdeSAT Servicios Estratégicos S.A.
- ImageSat International NV
- Rapid Eye A.G.
- Skybox Imaging Inc.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Vertical
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/94hwb6/global
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