Satellite-Based Earth Observation Market - Global Industry Analysis, Growth, Trends and Forecast 2014 - 2020

Albany, NY -- (SBWire) -- 08/06/2018 --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.

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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.

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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.

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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.