“Survey and Analysis of Remote Sensing Market: Aerial and Spaceborne”

 

In September of 2004 National Oceanographic and Atmospheric Administration (NOAA’s Satellite and Information Service) contracted with Global Marketing Insights, Inc. to provide comprehensive review of the international remote sensing market for aerial and spaceborne sensors. As of August of 2005 1,547 detailed twenty-page online surveys and 250 personal interviews had been completed with respondents from the US, Canada, Europe, Africa, Asia, Australia, Central America and South America. Over 2,000 pages of statistical data were produced from eight sectors studied: Aerial Film, Aerial Digital, Aerial Sensors, Satellite, Value Added Hardware and Software Providers, Commercial End Users and Government

The Survey Responders were asked to identify the technical advances impacting their business the most in years 2010 and 2015, and in Satellite Sectors they have highlighted “Greater and Easier Access to Remote Sensing Data” The following statement is the comment most often received in personal interviews: “There will be greater need for higher resolution imagery and the trend will continue toward the use of digital. Technology will be easier to access, become faster, and be more available at a lower cost.”

Remote sensing data is expected to become a commodity since the prices are anticipated to decrease as the supply increases. For example, the Aerial Film sector has already become extremely cost-competitive with a large number of aerial mapping companies competing for the same projects. On the other hand, there are only a few of satellite remote sensing companies offering unique type of data, so due to the limited supply the prices have remained high.

Political, economic and environmental trends that are anticipated to have the greatest impact on remote sensing industry are: National Defense/Homeland Security Issues, Licensing Issues, Required Cadastral Mapping, International Trade, Global Warming, Outsourcing/Privatization, Natural Resources/Heritage Protection, Open Skies Initiative, Recovery of Investments and Prime Orbit Availability.

Future business prospects of the satellite remote sensing industry are of particular interest to many. Survey respondents were asked to quantify the revenue of their departments from the US and from international sources, and the revenue of their entire companies from US and international sources. The results indicated the number of departments with less than $ 100,000 revenue is expected to decrease while the number of higher revenue departments and companies is projected to increase.

When asked to pick their top applications for the satellite data, respondents most frequently selected Environmentally related applications with Environmental Monitoring/Management ranked on top with 51% responders followed by National Resource Management (46%) Land Management/Development (41%) Forestry (37%) Security (National Defense/Homeland Security 36%) Utilities (29%) Damage Assessment (29%) Engineering (29%) Cadastral (28%) and Sustainable Development (24%) In addition to this the satellite sector responders were asked to indicate their market type. Over 40% were commercial companies, followed by 14% Government-Defense, 12% Government-Civil, 8% Academic and 2% Non-profit organizations.

The companies were asked to project their revenues in 2010 and 2015 broken between US and international sources and by department and company. The satellite sector appears to do greater business in the international market then the other sectors with 22% of the Satellite sector responders selecting the international departmental category of “greater then $ 5 million” in revenue.

The future of the geospatial technologies appears to be brighter than ever. The material in this study strongly supports the notion that the improved supply of the remote sensing data is key business ingredient for value-added service providers. The greater the variety of data available and the lower the price of data - the more likely is that they will continue to increase their productivity and expand their user base.

For more details please read the study. “Survey and Analysis of Remote Sensing Market" : Aerial and Spaceborne also available at http://www.globalinsights.com or extended summary at http://www.esri.com/news/arcnews/summer06articles/remote-sensing-industry.html

 

 

 

 

 



Related Links:





Where 2.0 Conference

Location Intelligence

Microsoft MapPoint

Map Asia

Google Earth

Google Earth Blog

AIAA

Satelites Will See More, Faster

World Wind by NASA

TerraServer-USA

USDA Forest Service

LandVoyage