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Latin America Commercial Satellite Imaging Market 2027 : Comprehensive Analysis, Top Key Players Analysis

03-09-2021 09:54 PM CET | Media & Telecommunications

Press release from: Allied Market Research

commercial satellite imaging market

commercial satellite imaging market

According to a recent report published by Allied Market Research, titled, Latin America Commercial Satellite Imaging Market by End User, Type, and Application: Opportunity Analysis and Industry Forecast, 20172025, the Latin America commercial satellite imaging market was valued at $98.2 million in 2017, and is projected to reach at $237.3 million by 2025, growing at a CAGR of 11.4% from 2018 to 2025.

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.

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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Latin America Commercial Satellite Imaging Market, By End User
Government
Defense
Forestry & Agriculture
Energy
Civil Engineering & Archaeology

Latin America Commercial Satellite Imaging Market, By Application

Overview
Geospatial Data Acquisition & Mapping
Urban Planning & Development
Disaster Management
Energy & Natural Resource Management
Surveillance & Security

Contact:
David Correa
Portland, OR, United States
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help@alliedmarketresearch.com
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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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