Military Satellite Market Growth to 2020 Driven by Demand for Electro-Optical Imaging Systems

Posted June 15, 2016 at 6:06am

MarketWatch reports that “Global military satellite market analysts forecast emergence of inflatable SATCOM antennas to boost the market growth. Technological advancements in antenna and satellite technology, along with nimble and high-capacity global networks, have brought military forces into the limelight. The emergence of inflatable SATCOM antennas, designed for ground military use in remote areas and harsh weather is one such significant development.”   

“Complete report on military satellite market spread across 101 pages, analyzing 5 major companies and providing 61 data exhibits now available at https://www.sandlerresearch.org/global-military-satellite-market-2016-2020.html .”  

“The analysts forecast global military satellite market to grow at a CAGR of 5.70% during the period 2016-2020. According to the 2016 report, a key growth driver for military satellite market is the increasing demand for electro-optical imaging systems. Advanced image-enhancing equipment such as high-resolution cameras and advanced remote-sensing technology has improved the quality of satellite-based Earth observation images. Such equipment offers a single internet access point to all the users to obtain EO data from existing databases as well as from the new up-to-date portals. Thus, users from various domains can access the information directly.”