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Assessing the Economic Value of Copernicus

European Earth Observation and Copernicus Downstream Services Market Study

"In the context of Copernicus programme implementation, several studies have been carried out, focusing on costs and benefits in the context of European Commission (EC) regulatory actions. Independently, industry surveys and market analyses have described the state and structure of the Earth Observation market. However, the economic value of these markets in relation to Copernicus has not yet been the subject of detailed investigation, particularly with regard to the potential impacts on growth and employment. The specific objective of the study is to assess the potential market value for European Earth Observation and Copernicus downstream services (with a focus on non-institutional markets), and the potential resultant impact on employment. The study seeks to project the future markets for downstream services over a long-term time horizon (2015-2030). The present study used Eurostat's NACE as a basis for the identification of potential industrial application areas for Copernicus downstream services. Five initial pilot sectors, considered to have a high market development potential, have been selected for priority analysis: Agriculture, Non-life insurance, Oil and gas, Water transport and Electricity generation from renewable sources."--Editor.

"In the context of Copernicus programme implementation, several studies have been carried out, focusing on costs and benefits in the context of European Commission (EC) regulatory actions.