Press release
Commercial Satellite Imaging Market| BlackSky Global LLC, European Space Imaging, Galileo Group, Inc., Harris Corporation, Maxar Technologies Inc
KD Market Insights, a market research and consultancy firm, has announced the release of its Global Commercial Satellite Imaging Market research report. The global commercial satellite imaging market was valued at $2,240.0 million in 2018, and is expected to reach $5,256.4 million by 2026, registering a CAGR of 11.2% from 2019 to 2026.The report offers an exhaustive analysis of the market trends, opportunities, growth areas and industry drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
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Increase in applications of satellite imaging services such as geospatial mapping, disaster mapping, urban planning, and energy management is the key factor that drives the growth of the global commercial satellite imaging market. In addition, surge in requirement of satellite imaging data analytics from various industries that need critical information regarding geospatial and environmental conditions for effective resource management fuels the market growth. Moreover, satellite imagery is used effectively in various commercial applications such as selection of construction sites, surrounding areas, route planning, monitoring of infrastructural projects, and 3D modeling of excavation areas. With incorporation of new technologies, including remote sensing and LiDAR, satellite imaging is expected to develop new commercial applications in weather forecasting and other fields.
Furthermore, increase in dependence on location-based services is anticipated to boost the growth of the global market. This is attributed to the fact that these services offer real-time geospatial information, which helps in preventing life-threating circumstances and natural calamities. This has led to increase in launch of commercial satellites, which accelerates the market growth.
The global commercial satellite imaging market is segmented into application, end use, and region. The applications covered in the market include geospatial data acquisition & mapping, urban planning & development, disaster management, energy & natural resource management, surveillance & security, defense & intelligence, and others.
By application, the geospatial data acquisition & mapping segment garnered the largest share in the market. This is attributed to the fact that geospatial mapping is potentially used in archaeology, construction, government, military, mining, and civil engineering.
Depending on end use, the market is fragmented into government, military defense, forestry & agriculture, energy, civil engineering & archaeology, transportation & logistics, and others. The defense sector is the largest end user in this market, as it uses commercial satellite imaging primarily for geospatial mapping. Furthermore, increase in security concerns has led the defense sector to become a prominent buyer for geospatial intelligence and mapping services among others.
Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America has emerged as the global leader in the commercial satellite imaging market. The growth of this region is attributed to increase in utilization of satellite imaging in their defense, government, and agriculture sectors. Presence of some of the major companies such as Google Inc., DigitalGlobe, GeoEye, Inc., and ImageSat International N.V. in North America is further driving the market growth.
Key players operating in the global commercial satellite imaging market are BlackSky Global LLC, European Space Imaging, Galileo Group, Inc., Harris Corporation, ImageSat International N.V., Maxar Technologies Inc., Planet Labs Inc., Planet Labs Inc., Telespazio France, UrtheCast Corp, and others.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global commercial satellite imaging market from 2019 to 2026 to determine the prevailing opportunities.
- A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
- The market size is provided in terms of value and volume.
- Porter’s five forces analysis helps to analyze the potential of the buyers & suppliers and the competitive scenario of the commercial satellite imaging industry for strategy building.
- Profiles of leading players operating in the market are provided to understand the competitive scenario.
- The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.
KEY MARKET SEGMENTS
By Application
- Geospatial Data Acquisition & Mapping
- Urban Planning & Development
- Disaster Management
- Energy & Natural Resource Management
- Surveillance & Security
- Defense & Intelligence
- Others
By End User
- Government
- Military Defense
- Forestry & Agriculture
- Energy
- Civil Engineering & Archaeology
- Transportation & Logistics
- Others
By Region
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Spain
- Italy
- UK
- Russia
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Saudi Arabia
- UAE
- Kuwait
- Qatar
- South Africa
- Rest of LAMEA
KEY MARKET PLAYERS
- BlackSky Global LLC
- European Space Imaging
- Galileo Group
- Inc.
- Harris Corporation
- ImageSat International N.V.
- Maxar Technologies Inc.
- Planet Labs Inc.
- Planet Labs Inc.
- Telespazio France
- UrtheCast Corp
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Table of Contents:
Chapter 1 Introduction
1.1 Report Description
1.2 Key Benefits
1.3 Key Market Segments
1.4 Research Methodology
1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Analyst Tools And Models
Chapter 2 Executive Summary
2.1 Cxo Perspective
Chapter 3 Market Overview
3.1 Market Definition And Scope
3.2 Key Findings
3.2.1 Top Impacting Factors
3.2.1 Top Investment Pockets
3.2.2 Top Winning Strategies
3.3 Value Chain Analysis
3.4 Porter’S Five Forces Analysis
3.4.1 Moderate Bargaining Power of Suppliers
3.4.2 Moderate Intensity of Competitive Rivalry
3.4.3 Moderate Threat of Substitute
3.4.4 Moderate Threat of New Entrants
3.4.5 High Bargaining Power of Buyers
3.5 Market Share Analysis, 2015
3.6 Market Dynamics
3.6.1 Drivers
3.6.1.1 Increasing Adoption of Location-Based Service (Lbs)
3.6.1.2 Rising Application of Satellite Imagery In Various Sectors
3.6.2 Restraints
3.6.2.1 High Resolution of Aerial Imaging Services
3.6.2.2 Various Disadvantages of Satellite Imaging
3.6.3 Opportunities
3.6.3.1 Decreasing Prices of Satellite Imaging Solutions
3.6.3.2 Technological Advancements
Chapter 4 World Commercial Satellite Imaging Market, By End-User
4.1 Government
4.1.1 Key Market Trends
4.1.2 Key Growth Factors And Opportunities
4.1.3 Market Size And Forecast
4.2 Defense
4.2.1 Key Market Trends
4.2.2 Key Growth Factors And Opportunities
4.2.3 Market Size And Forecast
4.3 Forestry And Agriculture
4.3.1 Key Market Trends
4.3.2 Key Growth Factors And Opportunities
4.3.3 Market Size And Forecast
4.4 Energy
4.4.1 Key Market Trends
4.4.2 Key Growth Factors And Opportunities
4.4.3 Market Size And Forecast
4.5 Civil Engineering And Archaeology
4.5.1 Key Market Trends
4.5.2 Key Growth Factors And Opportunities
4.5.3 Market Size And Forecast
4.6 Others (Media & Entertainment, And Insurance)
4.6.1 Key Market Trends
4.6.2 Key Growth Factors And Opportunities
4.6.3 Market Size And Forecast
Chapter 5 World Commercial Satellite Imaging Market By Application
5.1 Geospatial Data Acquisition And Mapping
5.1.1 Key Market Trends
5.1.2 Key Growth Factors And Opportunities
5.1.3 Market Size And Forecast
5.2 Urban Planning & Development
5.2.1 Key Market Trends
5.2.2 Key Growth Factors And Opportunities
5.2.3 Market Size And Forecast
5.3 Disaster Management
5.3.1 Key Market Trends
5.3.2 Key Growth Factors And Opportunities
5.3.3 Market Size And Forecast
5.4 Energy & Natural Resource Management
5.4.1 Key Market Trends
5.4.2 Key Growth Factors And Opportunities
5.4.3 Market Size And Forecast
5.5 Surveillance & Security
5.5.1 Key Market Trends
5.5.2 Key Growth Factors And Opportunities
5.5.3 Market Size And Forecast
Chapter 6 World Commercial Satellite Imaging Market, By Geography
6.1 North America
6.1.1 Key Market Trends
6.1.2 Key Growth Factors And Opportunities
6.1.3 Market Size And Forecast
6.1.3.1 U.S.
6.1.3.2 Canada
6.1.3.3 Mexico
6.2 Europe
6.2.1 Key Market Trends
6.2.2 Key Growth Factors And Opportunities
6.2.3 Market Size And Forecast
6.2.3.1 U.K.
6.2.3.2 Germany
6.2.3.3 France
6.2.3.4 Russia
6.2.3.5 Rest of Europe
6.3 Asia-Pacific
6.3.1 Key Market Trends
6.3.2 Market Size And Forecast
6.3.3 Key Growth Factors And Opportunities
6.3.3.1 India
6.3.3.2 China
6.3.3.3 Japan
6.3.3.4 Rest of Asia-Pacific
6.4 Lamea
6.4.1 Key Market Trends
6.4.2 Key Growth Factors And Opportunities
6.4.3 Market Size And Forecast
6.4.3.1 Latin America
6.4.3.2 Middle East
6.4.3.3 Africa
Continue….
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KD Market Insights is one of the leading providers of market intelligence products and services. We offer reports on over 10+ industries and update our collection daily which helps our clients to access database of expert market insights on global industries, companies, products, and trends. Our in-house research experts have a wealth of knowledge in their respective domains. With KD Market Research, you always have the choice of getting customized report free of cost (up to 10%). Our support team will help you customize the report and scope as per your business needs. This ensures that you are making the right purchase decision.
Our clients list includes various Fortune 500 companies and leading advisory firms.
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