The Remote Sensing Satellites market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
The technology of remote sensing satellite involves monitoring, observing, and gathering information of Earth (land and ocean) and the atmosphere with the help of inbuilt sensors that are integrated on satellite platforms.
During 2017, the SATCOM segment accounted for the major shares of the remote sensing satellite market. Factors such as the high dependance of command, control, communications, computers, intelligence, surveillance, and reconnaissance on SATCOM architecture and significant government and private investments in the SATCOM technology, will fuel the segment\'s growth in this global market.
This market study estimates that in terms of geographic regions, EMEA will be the major revenue contributor to the remote sensing satellite market throughout the forecast period. The European satellite industry is witnessing continuous advancements in the usage of new frequencies, signal transmission techniques, and efficient terminals. This has provided more opportunities for the use of remote sensing satellites in the region. Significant investments by countries such as France, Germany, Russia, Israel, and the UK in various military and commercial satellites programs, will also contribute to the growth of the market in EMEA.
In the global Remote Sensing Satellites market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
Airbus Defence and Space
Ball Aerospace
Boeing
Lockheed Martin
Thales Alenia Space
China Aerospace Science and Technology Corporation
Orbital ATK
MDA Information Systems
Mitsubishi Electric
SSTL
Market Segment by Product Type
SATCOM
Space-Based Radars
Space-Based EO/IR
Market Segment by Application
Agricultural & Soil Studies
Natural Resources Monitoring & Conservation
Cartography
Geology & Mineral Resources Mapping
Meteorology & Oceanic Studies
Other
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Remote Sensing Satellites market for the forecast period 2020 - 2025?
• What are the driving forces in the Remote Sensing Satellites market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Remote Sensing Satellites industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?