Asian Surveying & Mapping
Breaking News
NEA AND SLA SIGN MOU TO SHARE GLOBAL NAVIGATION SATELLITE SYSTEM (GNSS)-DERIVED MOISTURE DATA FOR WEATHER MONITORING APPLICATION
Singapore – The National Environment Agency (NEA) and the Singapore...
UAE to develop SAR satellite constellation for remote sensing
The UAE Space Agency, on Monday announced a new...
China launches new group of remote sensing satellites
XICHANG - China successfully launched a new group of...
Google Maps finally launches Street View in India, everything we know so far
15 years after it first launched, Google Maps finally...
GeoSLAM tech deployed on large-scale urbanisation project
GeoSLAM’s handheld LiDAR technology has been utilised to document...
ISRO Chief Reports Centre’s Intentions To Open Public-private Partnership To Strengthen Space Industry
ISRO chief S Somanath has said that the government...
China Launches A Global Naming Search For Its Newest Solar Observatory; Will Orbit Earth Every 90 Minutes
The Chinese Academy of Sciences (CAS) has launched a...
SpaceX launches 46 satellites into low-Earth orbit
SpaceX launched the most recent set of 46 Starlink...
Isro launches GISAT-1 satellite, says mission could not be ‘fully’ accomplished
The satellite was launched on a geosynchronous satellite launch...
Franco-Japanese Space Cooperation Focused on Exploration, Earth Observation and Next-gen Launchers
PARIS — The week of June 27, 2022, on the...

December 8th, 2016
UAS To Offer A $23.6 Billion Revenue Opportunity For SATCOM & Geospatial Industries

Just released is NSR’s Unmanned Aircraft Systems (UAS): Satcom and Imaging Markets, 3rd Edition report that projects cumulative revenue opportunity of $19.9 billion for UAS satellite communications and $3.7 billion for commercial UAS imaging service during the 2015-2025 period.

The persistent demand for Intelligence, Surveillance and Reconnaissance (ISR) by the Defense & Intelligence community in hostile areas drives the demand for unmanned airborne solutions. Ongoing conflicts across the globe have pushed this demand from government and international organizations, who are increasingly using UAS for peacekeeping, border patrolling, and humanitarian efforts. However, such demand for large UAS platforms is becoming difficult to match with supply, as most manufacturing programs across the globe are delayed. NSR projects more than 5,000 active UAS Satcom units by 2025, with Medium Altitude Long Endurance (MALE) airframes accounting for 80 percent of the growth.

The commercial UAS imaging services industry is estimated at approx. $200 million globally, without accounting for manufacturing revenues of the airframes, and is projected to bring in annual revenues of over $550 million annually by 2025, largely driven by demand for image analytics and surveying/inspection services for industries. The young commercial UAS imaging industry is going through major change as the focus shifts to serving enterprise over consumer markets. Post a few market failures and industry consolidation in the last year, NSR believes this market will continue growing rapidly, especially in North America, Europe, and Asia.

The ecosystem around UAS market potential, especially with the focus on HTS, new airframe designs, M2M/IoT, Artificial Intelligence and geospatial Big Data technology, sets the stage for explosive growth opportunities for the UAS market.  The satellite industry can tap into this opportunity, as some of these large HALE and MALE UAS are customers of satellite services, whereas smaller UAS add a complement to satellite imaging services.

Prateep Basu, NSR Analyst and report author, stated that across the UAS industry value-chain, there are opportunities for the satellite industry, especially in SATCOM services, as payloads and sensor suites get more sophisticated and the end-customer demands more bandwidth with the emergence of applications like slow-motion video in real-time. For smaller sized UAS, imaging is the primary application and the trend is to move towards analytics-based services, combining imagery data from UAS with other datasets such as weather, satellite images and geo-location. As civilian airspace regulations are established globally, this market is expected to mature quickly and adopt a service-oriented business approach over the current manufacturing focus.

Report information is available at this direct link…