Key Driver: Rising Demand for Geostationary Satellites Globally
Geostationary satellites are placed in Earth’s orbit at the height of 35,800 km directly over the equator that revolves from east to west consequently keeping it in the same position above Earth. The rising demand for geostationary satellites in several countries such as the US, India, the UK, China, etc., for various purposes such as monitoring volcanic ash, measuring cloud temperatures and water vapor, oce
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anography, measuring land temperature and vegetation coverage, etc., has been fueling the demand for in-orbit satellite services. In addition to this, satellite operators have started adopting in-orbit satellite services in order to reduce their operating costs as well as to extend the life span of their launched satellites.
A Comprehensive Overview of Geographical Diversity:
the Global In-Orbit Satellite Services Market expands across:
Here, Life extension in-orbit satellite services witnessed significant growth in the past years and are expected to demonstrate consistent growth in the forecast years.
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nts. Hence, our analysts focus on emerging industries to provide services that fulfil their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
