PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Government Spending Infuses New Energy into the Asia Pacific Satellite-based EO Market Finds Frost & Sullivan - Steady technological advancement to drive market revenues to us$220.5 million by 2018
Government Spending Infuses New Energy into the Asia Pacific Satellite-based EO Market Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Kuala Lumpur, Malaysia, 2011/08/01 - Steady technological advancement to drive market revenues to us$220.5 million by 2018.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The Asia Pacific remote sensing market is poised for a growth upswing in the future with the expanding participant base, growing technological capabilities and an improved political environment. Earth observation (EO) satellite capabilities have advanced in leaps and bounds in recent years. The enormous quantity of high-resolution, multi-spectral, and hyper-spectral data available in a short span of time has improved decision-making processes for several commercial and government users. Policy makers in this region are ramping up government spending for space and satellite imagery endeavours.

New analysis from Frost & Sullivan (aerospace.frost.com), Asia Pacific Satellite-based Earth Observation Market, finds that the market earned revenues of over US$70.1 million in 2010 and estimates this to reach US$220.5 million in 2018.

"Remote sensing satellites, ground segment, and value-added services have become an integral part of the well-established geographic information systems industry," says Frost & Sullivan Senior Consultant Kunal Sinha. "The seamless integration of satellite imagery with the navigation and other telecommunication technology will dramatically change the scope and application base of this market."

A vast majority of Asia Pacific countries have realized the strategic importance of the satellite data for safeguarding national security and furthering socio-economic advancement and are taking the necessary steps to acquire the appropriate space infrastructure. The need for self-reliance requires the Asian countries to own their satellites to solve their specific problems. With several countries preparing to launch their own remote sensing satellites, satellite manufacturers and ground segment service providers are anticipating big business.

The commercial remote sensing segment has scaled new heights in the last few decades, with the launch of hundreds of satellites. Commercial data revenues are estimated to register more than threefold increase by 2018.

"However, North America and Europe are the frontrunners in this arena and pose stiff competition for participants in the Asia Pacific region," says Sinha. "Leading space agencies and commercial remote sensing companies such as Digital Globe and Spot Image are a threat to the nascent EO market in the Asia Pacific."

Many countries are entering into agreements with commercial companies for their specific imagery requirements. This has proved useful in terms of cost effectiveness as the launch and operation of satellites would be an expensive proposition. The biggest challenge confronting EO market participants is the concurrent change from satellite imagery providers to service providers with the increasing integration of the value chain.

The future lies in the value-added services sector, where competition is intense. Some participants in the higher value chain are opting for vertical integration by acquiring companies in the lower rungs.

By 2018, satellite imagery is expected to become a commodity. The process to extract useful information from satellite imagery will matter. For the participants in the commercial remote sensing industry, the focus will be directed toward charting a growth path for the concurrent change from satellite imagery providers to service providers.

If you are interested in more information on this study, please send an email to Donna Jeremiah, Corporate Communications, at djeremiah[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

Asia Pacific Satellite-based Earth Observation Market is part of the Aerospace Growth Partnership Service program, which also includes research in the following markets: Airport, Airlines, Air traffic Management, Defence and Homeland Security. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Asia Pacific Satellite-based Earth Observation Market / P4DB

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Government Spending Infuses New Energy into the Asia Pacific Satellite-based EO Market Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Donna Jeremiah / Carrie Low 
+603.6204.5832 / +603.6204.5910 djeremiah[.]frost.com / carrie.low[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Energy Most Recent Related Newswires:

Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation
SolarWinds to Join the Discussion on Interoperable IT Management for Defense Forces at AFCEA’s TechNet Asia-Pacific 2016
BP and GE Launch New Offshore Digital Technology with Plans to Deploy Globally
GE Digital Acquires ServiceMax to Extend Predix and Analytics Across Field Service Processes
GE Digital Launches Collaborative App Development Program to Expand Digital Industrial Ecosystem
Voith Awarded A Prestigious Automation Contract for Two Norwegian Hydropower Plants
Joint Wind Farm Pilot Project by ENGIE, EDP Renewables, La Caisse Des Dépôts, Eiffage/Principle Power, GE Selected from Call for Floating Wind Turbine
Enel Starts Operating Two New Wind Farms in Mexico
GE Introduces New, First-of-Its-Kind Blister-Free Sanitary Membrane Elements

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)