Earth Imaging Journal: Remote Sensing, Satellite Images, Satellite Imagery
Breaking News
With its new generation LiDAR, Valeo makes autonomous mobility a reality
PARIS - Valeo, the global leader in driving assistance...
Ouster Expands to Japan and South Korea to Support Growing Demand for High-Resolution Digital Lidar Sensors
SAN FRANCISCO - Ouster, Inc. (NYSE: OUST) (“Ouster” or...
Burgex Mining Consultants Adds High Accuracy LiDAR Mapping Capabilities to Range of Services
SALT LAKE CITY -Burgex Inc. Mining Consultants is excited...
Esri Releases GIS for Science, Volume 3
REDLANDS, Calif.-Species are the foundation of a healthy planet,...
Valeo Introduces Its Third Generation LiDAR
DETROIT - Valeo, the global leader in advanced driving...
An EARSC survey of the European Earth-observation market noted that growth rates have decreased in the last two years, compared to the previous eight, and this may be a sign of an industry slowing down.

An EARSC survey of the European Earth-observation market noted that growth rates have decreased in the last two years, compared to the previous eight, and this may be a sign of an industry slowing down.

A pair of Earth-observation industry market reports were published almost simultaneously in September 2015, and both were optimistic as to the current and future states of satellite-based remote sensing.

The European Association of Remote Sensing Companies (EARSC) released “A Survey into the State and Health of the European EO Services Industry.” According to the survey, there are 451 European companies active in the industry, up from 389 in 2012, and 193 in 2006. Total revenue was estimated at €910 million, up from €786 million in 2012, with a growth rate of about 7.6 percent.

According to the report: “This is a critical time for the industry, with a great deal of change happening in and around the sector; new low-cost satellites are being launched by startup companies, and several significant acquisitions have occurred, suggesting that M&A activity may increase. Against this background, the European Union flagship programme Copernicus is committing over €7 billion investment into the sector, leading to new satellites, data sources and commercial relationships.”Screenshot 2015-09-16 10.13.11

Concurrently, Euroconsult published the eighth edition of its broader report, “Satellite-Based Earth Observation: Market Prospects to 2024,” noting that more than 400 civil and commercial Earth-observation satellites are expected to be launched during the next decade, with an estimated revenue of $39 billion. In addition, more than 1,200 small satellites (less than 50 kilograms) are expected to be launched to develop cubesat constellations, adding to the overall data supply.

Comments are closed.