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Commercial Satellite Imaging Market to see Huge Growth by 2029

10-20-2023 07:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Commercial Satellite Imaging Market to see Huge Growth by 2029

The global commercial satellite imaging market is anticipated to grow at a considerable CAGR of 11.3% during the forecast period. Commercial satellite imagery has become widely available, owing to the advent of inexpensive and easy-to-use software that offers easy access to satellite imagery provided by several companies active in the satellite imagery industry. Satellite images are used for various applications such as mapping of construction projects, border surveillance, security of energy resources, and environment monitoring and management of crops. For instance, in June 2022, FarmQA announced its partnership with Planet Labs PBC. The partnership provides agronomists, crop consultants and growers with field-specific imagery they need to diagnose problems and more effectively plan for seeding treatment, and harvest activities. The additional benefit for the customers is that they can select specific fields for which they want to bring in data, and they can locate Planet Imagery through the mobile app and FarmQA's web application. Moreover, commercial satellite imaging is a critical part of location-based services (LBS) and is very useful in offering useful insights for emergency response in incidents such as natural disasters and life-threatening events. 

In addition, the market players such as Maxar Technologies, Planet Labs Pbc, Origin Digital and Aspia Space, and others operating in the market are inclined toward adopting various strategies such as partnership, collaboration, funding and others to remain competitive in the global market. In March 2022, a world-first service that revolutionises the way satellite imagery is used in precision agriculture has announced by UK technology companies Origin Digital and Aspia Space. The new 'ClearSky' service, was launched imminently in the UK. This innovation means that farmers using ClearSky are guaranteed to receive an image every six days showing them how their crop is developing, whatever the weather. ClearSky uses radar inputs, which penetrate the cloud, this means that even in the presence of 100% cloud cover, it delivers regular, reliable, and consistent cloud-free images that are easily understood and can be analyzed in the same way as regular satellite imagery. 

To Request a Sample of our Report on Commercial Satellite Imaging Market:  https://www.omrglobal.com/request-sample/commercial-satellite-imaging-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Type 
By Application 
By End User 

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including Airbus SAS, MDA, Imagesat International (I.S.I) Ltd.'s and others.

A full Report of Commercial Satellite Imaging Market is Available @  https://www.omrglobal.com/industry-reports/commercial-satellite-imaging-market

Commercial Satellite Imaging Market Report Segment

By Type

Visible Imagery
Infrared Imagery 
Water Vapor Imagery

By Application 

Geospatial Data Acquisition and Mapping 
Natural Resource Management 
Surveillance and Security
Construction and Development 
Disaster Management
Defense and Intelligence
Others (Energy Generation)

By End User 

Government
Construction
Transportation and Logistics
Military and Defense
Energy
Forestry and Agriculture
Other (civil engineering and archaeology) 

Commercial Satellite Imaging Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

European Space Imaging
Galileo Group Inc
Imagesat International (Isi) Ltd.
L3 Harris Technolgies Inc
Maxar Technologies 
Planet Labs Pbc
Skywatch
Spaceknow
Telespazio France
Trimble Inc.

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/commercial-satellite-imaging-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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