Paris, France (SPX) Jan 13, 2022 Euroconsult, the leading space consulting and market intelligence...
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 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.
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.
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.
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.
China sent a new resource satellite into planned orbit from the Taiyuan Satellite Launch Center in north China's Shanxi Province on Sunday.
The resource satellite, ZY-1 02E, was launched at 11:11 a.m. by a Long March-4C carrier rocket.
The satellite, developed by the China Academy of Space Technology, will work in the solar synchronous orbit.