EO Satellite Explosion Predicted

Around 353 Earth observation (EO) satellites are expected to be launched over the next decade compared to 162 in 2004-2013, according to Euroconsult. This will result in $36 billion in manufacturing revenue globally, an 85% increase over the previous decade, the consultant company says. In 2023 the commercial EO data market is expected to reach $3.6 billion (for an 8% compound annual growth rate over 2014-2023). Asia, Latin America and Africa are expected to grow at more than 10% CAGR each.

read more

from Aviation Week – Aerospace Defense, Business & Commercial News http://ift.tt/1yRp3ZS
via IFTTT

Advertisements

Author: David Pflieger

David Pflieger is working as the CEO of Island Air, located in Hawaii. David received his pilot training in the United States Air Force, and has since held multiple positions with different airlines, for over 20 years!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: