The Satellite-Based Earth Observation Global Market Report 2023, provides comprehensive information on the satellite-based earth observation market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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The global landscape of satellite-based earth observation is poised for significant expansion, projecting a compelling narrative of growth and technological innovation. Forecasts indicate a trajectory from the current $5.63 billion valuation in 2022 to a robust $6.14 billion in 2023, marking a noteworthy compound annual growth rate (CAGR) of 9.1%. However, this upward trajectory is not without its challenges, as exemplified by the disruptive ramifications of the Russia-Ukraine conflict on global economic recovery post-COVID-19.

The ripple effects of this geopolitical turmoil have manifested in economic sanctions, commodity price surges, and supply chain disruptions, fostering inflationary pressures across diverse sectors. The resultant escalation in interest rates has reverberated through global markets, casting a shadow over their stability. Despite these challenges, the satellite-based earth observation market is anticipated to burgeon further, reaching a projected valuation of $8.33 billion by 2027, underpinned by a CAGR of 7.9%.

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A pivotal trend shaping the landscape is the relentless pursuit of technological advancements by key industry players. Notably, major corporations within the satellite-based earth observation sphere are strategically aligning their focus on crafting sophisticated solutions to fortify their market standing. A prime example of this commitment to innovation is evidenced by the Indian Space Research Organization's (ISRO) November 2022 launch of the Earth Observation Satellite-6 (EOS-6). This third-generation satellite, designed for ocean monitoring, is equipped with three cutting-edge ocean observation sensors: the Ku-Band scatterometer (SCAT-3), the Sea Surface Temperature Monitor (SSTM), and the Ocean Color Monitor (OCM-3).

The advanced OCM-3, boasting a remarkable 13-channel configuration with a 1400 km swath and 360 m spatial resolution, represents a leap forward in precision monitoring of the Earth's surface. This instrument promises to deliver crucial insights into the distribution of ocean algae, a foundational element in the marine ecosystem's food chain. The high signal-to-noise ratio of the OCM-3 is poised to significantly enhance accuracy in daily phytoplankton monitoring, unlocking diverse applications in operational and research domains. From fisheries resource management to ocean carbon uptake, and from dangerous algal bloom notifications to climate studies, the OCM-3 stands as a testament to the transformative power of cutting-edge technology in advancing our understanding of Earth's complex ecosystems.

The satellite-based earth observation market is segmented:
1) By Product Type: Earth Observation (EO) Data, Value Added Services
2) By Satellite Orbit: Low Earth Orbit, Medium Earth Orbit, Geostationary Orbit
3) By Technology: Optical, Synthetic Aperture Radar
4) By Payload Type: Satellite Communications (SATCOM), Electro-Optical Or Infra-Red (EO Or IR), Communication, Imaging, Navigation
5) By End-User: Defense And Intelligence, Infrastructure And Engineering, Agriculture, Energy And Power, Other End-Users

North America was the largest region in the satellite-based earth observation market in 2022.

The table of contents in TBRC’s satellite-based earth observation market report includes:
1. Executive Summary
2. Satellite-Based Earth Observation Market Characteristics
3. Satellite-Based Earth Observation Market Trends And Strategies
4. Satellite-Based Earth Observation Market - Macro Economic Scenario
5. Global Satellite-Based Earth Observation Market Size and Growth

.....

32. Global Satellite-Based Earth Observation Market Competitive Benchmarking
33. Global Satellite-Based Earth Observation Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Satellite-Based Earth Observation Market
35. Satellite-Based Earth Observation Market Future Outlook and Potential Analysis
36. Appendix

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