Global and Southeast Asia Satellite Remote Sensing Market Outlook 2028

  • Product Code:
    RP-ID-10346766
  • Published Date:
    8 Jan 2021
  • Region:
    Global
  • Pages:
    155
  • Category:
    Aerospace & Defence
  • Publisher:
    Pub-ID-9

Impact Analysis on the Growth of Market

Activating Probable Propositions Amidst COVID-19 Crisis

With things going haywire, we analyze key points to make sure that the businesses around the globe are completely prepared to tackle potential implications caused by COVID-19. Be it protecting employees, customers or the overall business operations, we ensure that the employers take the right decisions, make strategic investments and maintain a healthy work culture along with taking probable measures to minimize the financial loss. Know More

Global and Southeast Asia Satellite Remote Sensing Market Analysis 2019-2028
Developments in remote sensing technology, computing methods, data communications and computational models, are some of the factors that are projected to create tremendous growth opportunities for the global and southeast Asia remote sensing satellite market. Also, satellite remote sensing is used for various purposes such as effective bio-diversity management programs, natural resource monitoring, weather forecast & monitoring and others. Various development & testing projects such as construction of a visible wavelength camera to detect convective storm dynamics from remote sensing satellites in order to sense lightning strikes, are anticipated to drive the market growth. In 2019, the global and southeast Asia satellite remote sensing market accounted for a market value of around USD 7000 million in 2019 and is expected to grow at a CAGR of 6.2% over the forecast period i.e. 2020-2028. The growing demand for remote sensing satellites for Earth observation is anticipated to drive the growth of the overall market during the forecast period. The Earth observation based on remote sensing satellite provides value added solutions to the organizations regarding data and asset management. Additionally, the enhancement of various equipment for image processing and geographical information is providing better performance, which in turn is driving the adoption of remote sensing satellites for Earth observation across the globe.
The global and southeast Asia satellite remote sensing market is segmented by component, application, end users, and by region. Based on component, the global and southeast Asia remote sensing market is divided into hardware, software and services. Among these segments, the hardware segment accounted for around 48% of the market share in 2019 and estimated to reach around USD 3400 million by 2020.The growth of this segment is mainly on account of increasing demand in numerous end use industries for satellite remote sensing, such as defense, government departments, the building and construction sectors, forestry and agriculture, and many others. The technology utilized for various purposes such as navigation, observation and gathering of information needs the hardware components in connection with the whole system to perform the operations. Growing innovation and advances in space-based technology have spurred the demand for different end-use sectors, contributing to the development of the global and southeast Asia satellite remote sensing market.
Based on region, the global and southeast Asia satellite remote sensing market is segmented into five major regions including North America, Latin America, Europe, South East Asia (SEA), Asia Pacific (Except SEA) and Middle East & Africa. The market in North America held the highest share in 2019 and is estimated to hold this position throughout the forecast period. The global and southeast Asia satellite remote sensing market in North America accounted for around USD 2,900 million in 2019 and is anticipated to record significant CAGR over the forecast period owing to the growing acceptance of advanced satellite remote sensing technologies in the market. The increasing growth of the educational and research structure has led to the vital enhancement of the core earth observation technology, which, with the assistance of satellite remote sensing technology, gathers all the important information, data collection, ground reception, processing of applications, in-orbit processing, advanced research and other parameters. The satellite remote sensing market in Europe is anticipated to touch around USD 2,800 million by 2028. Europe is currently one of the leading regions in the satellite remote sensing market backed by the growing demand for hardware and software component of satellite remote sensing across different end-use industries. These factors are anticipated to drive the growth of remote sensing market during the forecast period.
However, the lack of skilled remote sensing experts across the globe and the accuracy assessment of the satellite’s remotely sensed data for various applications, are estimated to act as barriers to the growth of the global and southeast Asia satellite remote sensing market during the forecast period.
Some of the affluent industry leaders in the global and southeast Asia satellite remote sensing market are Airbus S.A.S, Ball Corporation, Boeing, SpaceX, Planet Labs Inc, Thales Group, Lockheed Martin Corporation, DigitalGlobe and others.
Global and Southeast Asia Satellite Remote Sensing Market
1. Introduction
1.1. Market Definition
1.2. Product Overview
1.3. Market Segmentation
2. Research Methodology
2.1. Research Objective
2.2. Secondary Research
2.3. Primary Research
2.3. Market Size Estimation
3. Executive Summary - Global and Southeast Asia Satellite Remote Sensing Market
4. Analysis of Market Dynamics
4.1. Drivers
4.2. Restraints/Challenges
4.3. Trends
4.4. Opportunities
5. Impact of COVID-19 Analysis on Global and Southeast Asia Satellite Remote Sensing Market
6. Recent Developments in Satellite Remote Sensing Market
7. Regulatory Landscape
8. Global and Southeast Asia Satellite Remote Sensing Market Outlook
8.1. Market Size and forecast, 2019-2028F
o By Value (USD Million)
8.2. Global and Southeast Asia Satellite Remote Sensing Market Segmentation, 2019-2028F
o By Component
· Hardware, 2019-2028F (USD Million)
 SATCOM
 Radar
 EO/IR
 Others
· Software, 2019-2028F (USD Million)
· Services, 2019-2028F (USD Million)
o By Application
· Meteorology, 2019-2028F (USD Million)
· Earth Observation, 2019-2028F (USD Million)
· Mapping & Navigation, 2019-2028F (USD Million)
· Others, 2019-2028F (USD Million)
o By End User
· Defense Organizations, 2019-2028F (USD Million)
· Forestry & Agriculture, 2019-2028F (USD Million)
· Government Agencies, 2019-2028F (USD Million)
· Building & Construction, 2019-2028F (USD Million)
· Homeland Security Agencies, 2019-2028F (USD Million)
· Others, 2019-2028F (USD Million)
o By Region
· North America, 2019-2028F (USD Million)
· Europe, 2019-2028F (USD Million)
· Southeast Asia, 2019-2028F (USD Million)
· Asia-Pacific Except SEA, 2019-2028F (USD Million)
· Latin America, 2019-2028F (USD Million)
· Middle East and Africa, 2019-2028F (USD Million)
9. North America Satellite Remote Sensing Market Outlook
o Market Overview
o Market Size, 2019-2028F (USD Million)
o Assessment of Macroeconomic Factors
o Market Segmentation
o By Component
· Hardware, 2019-2028F (USD Million)
 SATCOM
 Radar
 EO/IR
 Others
· Software, 2019-2028F (USD Million)
· Services, 2019-2028F (USD Million)
o By Application
· Meteorology, 2019-2028F (USD Million)
· Earth Observation, 2019-2028F (USD Million)
· Mapping & Navigation, 2019-2028F (USD Million)
· Others, 2019-2028F (USD Million)
o By End User
· Defense Organizations, 2019-2028F (USD Million)
· Forestry & Agriculture, 2019-2028F (USD Million)
· Government Agencies, 2019-2028F (USD Million)
· Building & Construction, 2019-2028F (USD Million)
· Homeland Security Agencies, 2019-2028F (USD Million)
· Others, 2019-2028F (USD Million)
o By Country
· United States, 2019-2028F (USD Million)
· Canada, 2019-2028F (USD Million)
10. Europe Satellite Remote Sensing Market Outlook
o Market Overview
o Market Size, 2019-2028F (USD Million)
o Assessment of Macroeconomic Factors
o Market Segmentation
o By Component
· Hardware, 2019-2028F (USD Million)
 SATCOM
 Radar
 EO/IR
 Others
· Software, 2019-2028F (USD Million)
· Services, 2019-2028F (USD Million)
o By Application
· Meteorology, 2019-2028F (USD Million)
· Earth Observation, 2019-2028F (USD Million)
· Mapping & Navigation, 2019-2028F (USD Million)
· Others, 2019-2028F (USD Million)
o By End User
· Defense Organizations, 2019-2028F (USD Million)
· Forestry & Agriculture, 2019-2028F (USD Million)
· Government Agencies, 2019-2028F (USD Million)
· Building & Construction, 2019-2028F (USD Million)
· Homeland Security Agencies, 2019-2028F (USD Million)
· Others, 2019-2028F (USD Million)
o By Country
· Germany, 2019-2028F (USD Million)
· UK, 2019-2028F (USD Million)
· France, 2019-2028F (USD Million)
· Spain, 2019-2028F (USD Million)
· Italy, 2019-2028F (USD Million)
· Russia, 2019-2028F (USD Million)
· Rest of Europe, 2019-2028F (USD Million)
11. Southeast Asia Satellite Remote Sensing Market Outlook
o Market Overview
o Market Size, 2019-2028F (USD Million)
o Assessment of Macroeconomic Factors
o Market Segmentation
o By Component
· Hardware, 2019-2028F (USD Million)
 SATCOM
 Radar
 EO/IR
 Others
· Software, 2019-2028F (USD Million)
· Services, 2019-2028F (USD Million)
o By Application
· Meteorology, 2019-2028F (USD Million)
· Earth Observation, 2019-2028F (USD Million)
· Mapping & Navigation, 2019-2028F (USD Million)
· Others, 2019-2028F (USD Million)
o By End User
· Defense Organizations, 2019-2028F (USD Million)
· Forestry & Agriculture, 2019-2028F (USD Million)
· Government Agencies, 2019-2028F (USD Million)
· Building & Construction, 2019-2028F (USD Million)
· Homeland Security Agencies, 2019-2028F (USD Million)
· Others, 2019-2028F (USD Million)
o By Country
· Indonesia, 2019-2028F (USD Million)
· Singapore, 2019-2028F (USD Million)
· Thailand, 2019-2028F (USD Million)
· Rest of Southeast Asia, 2019-2028F (USD Million)
12. Asia-Pacific except SEA Satellite Remote Sensing Market Outlook
o Market Overview
o Market Size, 2019-2028F (USD Million)
o Assessment of Macroeconomic Factors
o Market Segmentation
o By Component
· Hardware, 2019-2028F (USD Million)
 SATCOM
 Radar
 EO/IR
 Others
· Software, 2019-2028F (USD Million)
· Services, 2019-2028F (USD Million)
o By Application
· Meteorology, 2019-2028F (USD Million)
· Earth Observation, 2019-2028F (USD Million)
· Mapping & Navigation, 2019-2028F (USD Million)
· Others, 2019-2028F (USD Million)
o By End User
· Defense Organizations, 2019-2028F (USD Million)
· Forestry & Agriculture, 2019-2028F (USD Million)
· Government Agencies, 2019-2028F (USD Million)
· Building & Construction, 2019-2028F (USD Million)
· Homeland Security Agencies, 2019-2028F (USD Million)
· Others, 2019-2028F (USD Million)
o By Country
· China, 2019-2028F (USD Million)
· India, 2019-2028F (USD Million)
· Japan, 2019-2028F (USD Million)
· South Korea, 2019-2028F (USD Million)
· Australia, 2019-2028F (USD Million)
· Rest of Asia-Pacific except SEA, 2019-2028F (USD Million)
13. Latin America Satellite Remote Sensing Market Outlook
o Market Overview
o Market Size, 2019-2028F (USD Million)
o Assessment of Macroeconomic Factors
o Market Segmentation
o By Component
· Hardware, 2019-2028F (USD Million)
 SATCOM
 Radar
 EO/IR
 Others
· Software, 2019-2028F (USD Million)
· Services, 2019-2028F (USD Million)
o By Application
· Meteorology, 2019-2028F (USD Million)
· Earth Observation, 2019-2028F (USD Million)
· Mapping & Navigation, 2019-2028F (USD Million)
· Others, 2019-2028F (USD Million)
o By End User
· Defense Organizations, 2019-2028F (USD Million)
· Forestry & Agriculture, 2019-2028F (USD Million)
· Government Agencies, 2019-2028F (USD Million)
· Building & Construction, 2019-2028F (USD Million)
· Homeland Security Agencies, 2019-2028F (USD Million)
· Others, 2019-2028F (USD Million)
o By Country
· Brazil, 2019-2028F (USD Million)
· Mexico, 2019-2028F (USD Million)
· Argentina, 2019-2028F (USD Million)
· Rest of Latin America, 2019-2028F (USD Million)
14. Middle East and Africa Satellite Remote Sensing Market Outlook
o Market Overview
o Market Size, 2019-2028F (USD Million)
o Assessment of Macroeconomic Factors
o Market Segmentation
o By Component
· Hardware, 2019-2028F (USD Million)
 SATCOM
 Radar
 EO/IR
 Others
· Software, 2019-2028F (USD Million)
· Services, 2019-2028F (USD Million)
o By Application
· Meteorology, 2019-2028F (USD Million)
· Earth Observation, 2019-2028F (USD Million)
· Mapping & Navigation, 2019-2028F (USD Million)
· Others, 2019-2028F (USD Million)
o By End User
· Defense Organizations, 2019-2028F (USD Million)
· Forestry & Agriculture, 2019-2028F (USD Million)
· Government Agencies, 2019-2028F (USD Million)
· Building & Construction, 2019-2028F (USD Million)
· Homeland Security Agencies, 2019-2028F (USD Million)
· Others, 2019-2028F (USD Million)
o By Country
· Israel, 2019-2028F (USD Million)
· South Africa, 2019-2028F (USD Million)
· GCC, 2019-2028F (USD Million)
· Rest of Middle East & Africa, 2019-2028F (USD Million)
15. Competitive Landscape
15.1. Airbus SAS
15.2. Ball Corporation
15.3 Boeing
15.4. Spacex
15.5. Planet Labs Inc.
15.6. Thales Group
15.7. Lockheed Martin Corporation
15.8. Digital Global

Please enter your personal details below
*
I want to buy this report
I am willing to know the scope of research
I have customized query over this report
Airbus S.A.S, Ball Corporation, Boeing, SpaceX, Planet Labs Inc, Thales Group, Lockheed Martin Corporation, DigitalGlobe and others.
Please enter your personal details below
*
I want to buy this report
I am willing to know the scope of research
I have customized query over this report

Related Reports