Press release
Latin America Commercial Satellite Imaging Market to Reach $237.3 Million by 2025 | 2020 Global Industry Growth, Trends, Share and Forecast 2025 | Key Player - Threetek, Telespazio, SkyLab Analytics, Harris Corporation, Satellogic, Trimble Navigation Ltd
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Commercial satellite imaging refers to obtaining images of Earth and space with the help of satellites. Many private companies offer satellite images of Earth along with processing to analyze them for various purposes, including monitoring & detection of vegetation, habitat, oil pipelines infrastructure construction, generation of digital elevation model (DEM), and exploration of natural resources & archaeological sites.
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Foreign investment coupled with government investment in the geospatial industry leads to the rapid growth of the commercial satellite imaging market in Latin America. The development of the geospatial industry in the region is the major factor that drives the growth of the commercial satellite imaging market in Latin America.
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Key Findings of The Study
In 2017, the defense subsegment generated the highest revenue in the Latin America commercial satellite imaging market.
In 2017, the visible RGB segment generated the highest revenue among the other type.
The major players operating in the Latin America Commercial satellite imaging market include
DigitalGlobe, Inc., Galileo Group, Inc., Threetek, Telespazio, SkyLab Analytics, Harris Corporation, Satellogic, Trimble Navigation Ltd, Airbus, and UrtheCast Corp.
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