Monday, 21 March 2016

Global Remote Sensing Satellite Market to grow at a CAGR of 4.81% during the period 2016 - 2020; Finds New Report

Global Remote Sensing Satellite Market 2016 - 2020

Report forecast the global remote sensing satellite market to grow at a CAGR of 4.81% during the period 2016-2020.

Remote sensing satellite technology involves monitoring, observing, and gathering information on the Earth (land and ocean) and the atmosphere using built-in sensors that are integrated into airborne (aircraft and balloons) or space-borne (satellites and space shuttles) platforms. The successful conjunction of remotely procured data with conventional satellite systems for resource management and environmental assessment has led to the institutionalization of such technologies in user domain.

Such data are used for different applications such as agriculture, water resources, urban developmental, mineral prospecting, environmental, forestry, border and maritime security, drought and flood forecasting, ocean resources, and disaster management.

The report covers the present scenario and the growth prospects of the global remote sensing satellite market for 2016-2020.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA

According to the report, Satellite communication (SATCOM) has become a vital mode of communication for soldiers and operators under hazardous conditions in the border, the middle of the sea, or any inaccessible areas. Due to its advantages, global defense authorities are developing advanced and sophisticated systems and technologies to strengthen their military capabilities. The ability of these remote-sensing satellites to capture superior satellite-based earth observation images and to help users by allowing them to acquire electro-optical data from new and existing databases will result in its augmented utilization in the public and private sectors during the forecast period.

Further, the report states that the concurrent rise in the number of ISR platforms and data types requires simultaneous expansion of data analysis, storage, security, and dissemination. Some of the significant technological challenges include harsh radio frequency (RF) propagation environments, severe spectrum restrictions, and rigid safety requirements related to data encryption.

Global Remote Sensing Satellite Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Remote Sensing Satellite Market: Airbus Defence and Space, Ball Aerospace & Technologies, Lockheed Martin, Mitsubishi Electric, and Thales Alenia Space.

Other Prominent Vendors in the market are: Boeing, CASC, ISS Reshetnev, Orbital ATK, and Telespazio.

Market driver
  • Growing investments in SATCOM
  • For a full, detailed list, view our report

Market challenge
  • Complexity of data sets
  • For a full, detailed list, view our report

Market trend
  • Advanced BFSR-SR
  • For a full, detailed list, view our report

Key questions answered in this report
  • What will the market size be in 2020 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 77 pages and 46 Exhibit Global Remote Sensing Satellite Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Global aerospace and defense supply chain system, Global aerospace and defense value chain system, Market segmentation  by system, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://mrr.cm/JUN

Related Report;

Global Submarine Market 2016-2020 - Visit at - http://mrr.cm/JUx

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