Manufacturing revenues for Earth observation to grow to $76.1 billion by 2030

Asia's Tech News Daily

here

Euroconsult, the leading space consulting and market intelligence firm, has released its eagerly awaited ”Earth Observation Satellite Systems Market” report, providing a sweeping review analysis of the Earth Observation (EO) upstream ecosystem and breaking down government and commercial programs in exhaustive details.

With the Earth Observation manufacturing market gearing up for another decade of growth to an estimated $76.1 billion in revenue, the latest study reflects profound changes in the market structure driven by the diversification of payloads and multiplication of commercial constellation projects.

Over 2011-2020, the commercial satellite constellations accounted for 65% of EO satellite launches but captured a negligible 4% of the market value, as opposed to government-funded programs which secured over 80% of satellite value. This discrepancy between volume and value is a salient result of the boom in commercial constellations, turning to Commercial-off-the-shelf components and low CAPEX per satellite business models.

This trend is projected to be further ingrained over the next decade, growing from 1,080 launches between 2011 and 2020 to no less than 2,600 by 2030, with as many as 90 constellations accounting for 78% of EO satellites to be built and launched.

On the other hand, government programs remain the principal value creator on the market, generating $11.8 billion in manufacturing revenue in 2021 (excluding ELINT/RF), with civilian programs seeing the 14th consecutive year of growth. With both private and public stakeholders on a growth trajectory in this new structure, manufacturing revenues are expected to follow suit with government R and D and commercial portfolio diversification as the main drivers.

One of many major insights from this year’s report is the diversification of investments beyond optical-multispectral payloads, signaling another step towards market maturity and echoing the development of commercial constellations. Of particular significance is a surge in investment into commercial satellite constellations precipitated by the diversification of missions towards HSI, SAR, ELINT/RF, GhG, GNSS-RO.

The ”Earth Observation Satellite Systems Market” offers the most specialized and detailed breakdown of the Earth Observation upstream market available today. Designed to help stakeholders navigate evolving market dynamics with actionable insights, this report paints a comprehensive picture of technological and policy drivers with benchmarking for manufacturers and payloads, policy and regulation overviews for the upstream value chain, as well as demand dynamics analysis across commercial and governmental markets, including civilian applications and declassified defense projects.

At the turn of a new decade, this year’s edition of the report launches with an updated outlook on the next 10 years of the EO manufacturing market, featuring an exhaustive database of both satellites launched and of those to be built and launched.

This industry-leading data is put into perspective with an updated satellite systems demand dynamics forecast to 2030, broken down by region, satellite owners, manufacturers and launch providers and cross-referenced with payload typology and mass category.

Premium customers will enjoy access to even more expansive analysis from Euroconsult’s digital platform and benefit from powerful tools to effortlessly review and conveniently visualize and export relevant data. In addition to features listed above, the Premium edition boasts an exclusive look at a complete EO procurement index with a global map outlining the positioning of countries for future EO purchases, as well as a supplemental 23 pages of analysis of the global EO landscape for every country. Finally, the exhaustive satellite database is available with additive information such as the EO mission type, GSD and Dual-use typology.

The 2nd consecutive year release and the 14th edition as part of the famous ”Earth Observation Satellite Systems Market” is the definitive tool for satellite manufacturers, operators and investors and both Classic and Premium versions are available now on Euroconsult’s digital platform here.

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

Unvaccinated Adults 65 and Older Are Almost 50 Times More Likely to Be Hospitalized with COVID

© Provided by People Getty Vaccine New data from the Centers for Disease Control and Prevention shows that unvaccinated adults age 50 and over are much more likely to be ... Read more »

Brave woman fights off masked knifeman with a broom handle in south London

This is the heroic moment a shopkeeper fights off a masked knifeman with a broom as she seeks to protect her shop. CCTV footage shows two men armed with a ... Read more »

British doctor ‘shot dead while lying in bed in Georgia'

© PA Wire Child sexual abuse convictions A British doctor has been shot dead while lying in his bed in Georgia in the United States according to reports. Dr Matthew ... Read more »

Native, Mayfair: The menu challenging everything Veganuary stands for

So far, 2022 has not been the breath of fresh air we needed. Among the heavy news lines, there was a story last week about a Turkish farmer who decided ... Read more »

Stay Close fans convinced outfits gave away killer's identity in Netflix hit

Netflix fans are convinced they’ve spotted a clue that gave away who the murderer was in the first episode of its new series Stay Close. The mystery drama series, based ... Read more »

Converse released its Valentine's Day collection and people are obsessed: ‘I am in love'

© TikTok / @sam.declet / @jenniferalvarez People are obsessed with the new Valentine’s Day Converse – TikTok / @sam.declet / @jenniferalvarez Converse unveiled its latest Valentine’s Day-inspired line of sneakers ... Read more »

Somi celebrates life and legacy of Miriam Makeba in star-studded tribute album

© Provided by Independent Online (IOL) Grammy-nominated musician Somi Kakoma is set to release her forthcoming new album, “Zenzile: The Reimagination Of Miriam Makeba”, in honour of the music icon, ... Read more »

Let's hear it for the boys! Top trends from men's fashion week

Menswear month has wrapped up, and the designers have given their best for the boys to wear next winter. As always, the clothes came with the buzzy meme-worthy fashion week ... Read more »

London's best bookshops that double as cafés (and cafés that double as bookshops)

Coffeehouses are a key component of the literary diet — but you needn’t be a writer to enjoy a novel café. The ambience found in a welcoming room full of ... Read more »

UFC 270: Ngannou vs. Gane preview - Is Cody Stamann fighting for his job?

Outside of the title fights, the main card of UFC 270 is very thin. I’m not saying the fights are bad. They are competitive, well-matched contests. But they are very ... Read more »

Sadiq Khan declares end to ‘major incident' in London but urges caution over Omicron

© PA Wire Sadiq Khan visit to South Thames College The major incident declared in London as Omicron surged across the capital has been stood down, Sadiq Khan has announced. ... Read more »

Will Boris Johnson resign? 8 questions on the prime minister's future answered

© UK Parliament/Getty Boris Johnson Will he stay or will he go? As ‘partygate’ rumbles on, Boris Johnson’s future as PM continues to hang in the balance. To round off ... Read more »

Jobs for more than 100 Londoners thanks to our Skill Up Step Up campaign

© ES Composite SUSUChelseav1.jpg More than 100 jobless young Londoners will be given a life-changing chance to grasp the first rung of the career ladder thanks to companies who have ... Read more »

Australian Open 2022: No disgrace in defeat for Naomi Osaka as Rafael Nadal delivers statement victory

For Naomi Osaka, defeat in the Australian Open third round was a sign of progress rather than crisis. Osaka returned to Melbourne as the defending champion and ignored the tumult ... Read more »

Covid daily figures: Cases fall below 100,000 as 288 more deaths announced

© Evening Standard es-breakingnews.jpg A further 95,787 Covid cases have been reported in the latest daily figures along with 288 deaths. The rise in cases brings the total in the ... Read more »

Delhi COVID-19 Update | Pvt offices allowed to function at 50% capacity; night curfew to continue

Representational image The Delhi Disaster Management Authority (DDMA) on January 21 extended the night curfew in view of the situation arising from spreading of the coronavirus pandemic in the national capital ... Read more »

UK weather: Parts of Britain could face snow within weeks after waking up to ‘coldest night of the year'

© PA Brits could see snow in just two weeks, forecasts predict – PA The UK could see snow in just weeks according to the latest forecasts as Brits woke ... Read more »

Karnataka govt lifts weekend curfew, night curfew to continue

Representative image. The Karnataka government on Friday decided to lift the weekend curfew that was in place with an aim to control the spread of COVID-19 infections. However, the night ... Read more »

See Refreshed Tesla Model X With CCS2 Port Spotted In Norway

© InsideEVs Tesla Model X CCS2 Norway (source: otKris) Both the refreshed Model S and Model X will be natively compatible with the CCS2 charging standard in Europe. A brand ... Read more »

US comedian Louie Anderson dies aged 68

US comedian Louie Anderson has died aged 68 following complications from cancer. The stand-up, who won an Emmy for his role in comedy TV series Baskets had been receiving treatment ... Read more »

New Highway Code rule will fine drivers £1,000 for opening door with wrong hand

© Shutterstock / Dan Race cardoorcyclistSS210122v2 A new rule will see drivers fined £1,000 if they open the door with the wrong hand, as the Highway Code is updated. The ... Read more »

'He cannot go', 'Sad, sad day' - Many Liverpool fans erupt at news on star man's future

© Provided by Transfer Tavern iverpool’s Roberto Firmino A number of Liverpool supporters have reacted negatively to a claim that Roberto Firmino hasn’t decided if he will stay put at ... Read more »

Principles: Life and Work by Ray Dalio; here's a podcast on how you can embrace the principles of achieving success

As human beings, we are wired to desire success. At work, at home, in relationships, in your investing journey, and just about in every aspect of your lives, you have ... Read more »

Amanda Holden and Michelle Keegan wow in thigh high boots - copy their look from £29

Some of our favourite female stars Amanda Holden and Michelle Keegan have set pulses racing as they stun in jaw dropping snaps of them both wearing the latest show stopping ... Read more »

Britney Spears reveals new purple hair

© Invision California Conservatorships – Invision Britney Spears has undergone a hair transformation, dying her signature blonde hair purple. The singer revealed her new look in a video posted to ... Read more »

Man, 33, charged with murder after pensioner 86 attacked in her own home

© PA 2.64838714.jpg A man has been charged with murder after an 86-year-old woman was killed in her own home. Vasile Culea, 33, has been charged with the murder Freda ... Read more »

Two Bouts Scratched From UFC 270

© Photo by Louis Grasse/PxImages/Icon Sportswire via Getty Images We’re not off to a great start. Ultimate Fighting Championship (UFC) was forced to reshuffle its pay-per-view (PPV) lineup on Friday ... Read more »

Arsenal say fans who run on pitch will receive bans and membership cancellations

© PA Wire Supporters have encroached on the pitch in the past two of Arsenal’s home matches (John Walton/PA) – PA Wire Arsenal have called on supporters to refrain from ... Read more »

Predictions: Moyes leaves Old Trafford with points as Man Utd take backward step; groundhog day for Tottenham at Chelsea; Liverpool face battle

There’s a difference of opinion on David Moyes’ return to Old Trafford as Manchester United host West Ham in our latest Premier League Predictions, while Chelsea will get the better ... Read more »

Horror as is teen hit by a car outside school after street brawl erupts

© PA Wire Police stock A teenager was rushed to hospital after he was deliberately hit by a car after a brawl erupted outside a school in Erith. Police were ... Read more »

Austria makes Covid vaccination compulsory - and police will check

Austria has become the first country in Europe to make vaccination against Covid compulsory for adults. The country’s parliament voted to introduce the vaccine mandate for adults from February 1. ... Read more »

Dying Diesel, Blink Charging, Fiat Panda, More: EV News Jan. 21

© InsideEVs Blink Network It’s time for another dose of interesting EV news, and it’s sort of a European tour. We’ve rebranded our newsletter for 2022 and now go by ... Read more »

Tesco slashes price of cauliflower after half a million flower too late

Cauliflower cheese and cauliflower soup could be our staple dishes for the next few weeks as half a million cauliflowers that flowered too late for Christmas are finally harvested. “Some ... Read more »

Meat Loaf: Tributes pour in as US ‘Bat out of Hell' singer dies, aged 74

Tributes have poured in for US singer Meat Loaf, whose hits included Bat Out of Hell, after he died, aged 7. A statement on his official Facebook page said: “Our ... Read more »

Should We All Be Eating Hyperfoods?

A new class of disease-preventing ingredients have been identified. But what does it mean for your plate? © Westend61 – Getty Images gettyimages-1125236832 A top chef and a computational scientist ... Read more »

London Covid: New sub-variant of Omicron variant found in UK being investigated by scientists

A new sub-strain of the Omicron Covid variant is being investigated by scientists after it was discovered in the UK. The UK Health Security Agency revealed in a statement on ... Read more »

Go easy on her: Adele needs to stop being so hard on herself

© Instagram/Adele Adele apologises to fans after being forced to postpone her Las Vegas residency – Instagram/Adele It was the worst news for Adele fans. The British singer’s much-hyped Las ... Read more »

Meat Loaf death breaks Hartlepool hearts

Hartlepool have paid tribute to arguably their most famous supporter following the death of rock star Meat Loaf The larger-than-life American whose death at the age of 74 was announced ... Read more »

US warns of ‘united, swift and severe response' against Russia if it invades Ukraine after Geneva talks end

The United States and Russia warned there had been no breakthrough in crisis talks over Ukraine with US Secretary of State Antony Blinken warning of a “united, swift and severe ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic