The report, now available on ASDReports, recognizes the following companies as the key players in the Global Remote Sensing Satellite Market: Airbus Defence and Space, Ball Aerospace & Technologies, Lockheed Martin, Mitsubishi Electric, and Thales Alenia Space.
Other Prominent Vendors in the market are: Boeing, CASC, ISS Reshetnev, Orbital ATK, and Telespazio.
Commenting on the report, an analyst said: “The battlefield surveillance radar is a state-of-the-art lightweight, man-portable battery-powered electronic short-range radar system developed by the DRDO to provide all-weather surveillance against intrusion. The radar enables search operations and tracks multiple targets. It is equipped with built-in software algorithms that detect, track, and classify targets such as crawling men, marching soldiers, light and combat vehicles, and low-flying helicopters. It is also equipped with an interface for data transfer to remote locations. In addition, it aids in perimeter e-surveillance for paramilitary forces, defense installations, and civilian infrastructures such as airports. As a result, it is likely to witness lucrative investments in the market.”
According to the report, Satellite communication (SATCOM) has become a vital mode of communication for soldiers and operators under hazardous conditions in the border, the middle of the sea, or any inaccessible areas. Due to its advantages, global defense authorities are developing advanced and sophisticated systems and technologies to strengthen their military capabilities. The ability of these remote-sensing satellites to capture superior satellite-based earth observation images and to help users by allowing them to acquire electro-optical data from new and existing databases will result in its augmented utilization in the public and private sectors during the forecast period.
Further, the report states that the concurrent rise in the number of ISR platforms and data types requires simultaneous expansion of data analysis, storage, security, and dissemination. Some of the significant technological challenges include harsh radio frequency (RF) propagation environments, severe spectrum restrictions, and rigid safety requirements related to data encryption.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source: ASDReports - Market Research
Date: Mar 14, 2016