Commercial Satellite Imaging Market
Commercial Satellite Imaging - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Commercial Satellite Imaging Market is accounted for $2,528.96 million in 2019 and is expected to reach $6,675.65 million by 2027 growing at a CAGR of 12.9% during the forecast period. Increase in security concerns and introduction of new technologies such as GPS satellites, advanced remote sensing technology, high-resolution cameras, light detection & ranging (LIDAR) technology, and electric propulsion technology are some of the factors propelling the growth of the market. However, the availability of aerial imaging services is hindering the growth of the market.
Satellite images are majorly collected by special imaging satellites operated by commercial businesses and governments across the globe. Companies operating in the commercial satellite imaging market sell images to businesses such as Google Maps and Apple Maps, and governments through licensing agreements. The usage of satellite imagery for commercial purposes such as agriculture, defense, energy, and insurance is known as commercial satellite imaging. The amalgamation of high-end technologies in commercial satellite imaging has encouraged various industries to deploy the technology to increase their reach. The rise in demand for high resolution and advanced satellite imagery in the field of national development administration, emergency services, national defense organizations, homeland security agencies, and environmental protection has augmented the adoption of commercial satellite imaging.
Based on the end-user, the military & defense segment is going to have a lucrative growth during the forecast period owing to the security and surveillance applications, which are the core functionalities of any defense organization. In most cases, governments have their satellites orbiting the Earth, performing several operations. Growing defense and military budgets in most of the countries, to develop security programs, are expected to contribute to the growth of the market.
By geography, North America is anticipated to hold considerable market share during the forecast period due to growth in funding in different space programs and an increase in research to achieve a strong base of the technology. The market in the region is expected to expand significantly led by advancements in research and development projects. Due to strong support from the federal government regarding grants to academic institutions and companies, to develop highly advanced satellite imaging devices, the market studied is estimated to expand further in the region.
Some of the key players profiled in the Commercial Satellite Imaging Market include Galileo Group Inc., Blacksky Global, Planet Labs Inc, Telespazio, DigitalGlobe Inc., Exelis Inc., Trimble Navigation Ltd., SkyLab Analytics, and Spaceknow Inc.
Applications Covered:
• Geospatial Data Acquisition & Mapping
• Urban Planning & Development
• Disaster Management
• Energy & Natural Resource Management
• Surveillance & Security
• Defense & Intelligence
• Maritime
• Conservation and Geological Research
• Media & Entertainment
• Satellite Telemetry
Technologies Covered:
• Radar
• Optical
Types Covered:
• Middle
• Large
• Small
End Users Covered:
• Government
• Military & Defense
• Forestry & Agriculture
• Energy Sector
• Civil Engineering & Archaeology
• Transportation & Logistics
Power Types Covered:
• 0.5m Resolving Power
• 0.25m Resolving Power
• 0.1m Resolving Power
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Commercial Satellite Imaging Market, By Application
5.1 Introduction
5.2 Geospatial Data Acquisition & Mapping
5.3 Urban Planning & Development
5.4 Disaster Management
5.5 Energy & Natural Resource Management
5.6 Surveillance & Security
5.7 Defense & Intelligence
5.8 Maritime
5.9 Conservation and Geological Research
5.10 Media & Entertainment
5.11 Satellite Telemetry
6 Global Commercial Satellite Imaging Market, By Technology
6.1 Introduction
6.2 Radar
6.3 Optical
7 Global Commercial Satellite Imaging Market, By Type
7.1 Introduction
7.2 Middle
7.3 Large
7.4 Small
7.4.1 Nano
7.4.2 Pico
7.4.3 Micro
8 Global Commercial Satellite Imaging Market, By End User
8.1 Introduction
8.2 Government
8.3 Military & Defense
8.4 Forestry & Agriculture
8.5 Energy Sector
8.6 Civil Engineering & Archaeology
8.7 Transportation & Logistics
8.8 Commercial Enterprises
9 Global Commercial Satellite Imaging Market, By Power Type
9.1 Introduction
9.2 0.5m Resolving Power
9.3 0.25m Resolving Power
9.4 0.1m Resolving Power
10 Global Commercial Satellite Imaging Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Galileo Group Inc.
12.2 Blacksky Global
12.3 Planet Labs Inc
12.4 Telespazio
12.5 DigitalGlobe Inc.
12.6 Exelis Inc.
12.7 Trimble Navigation Ltd.
12.8 SkyLab Analytics
12.9 Spaceknow Inc.
List of Tables
1 Global Commercial Satellite Imaging Market Outlook, By Region (2018-2027) ($MN)
2 Global Commercial Satellite Imaging Market Outlook, By Application (2018-2027) ($MN)
3 Global Commercial Satellite Imaging Market Outlook, By Geospatial Data Acquisition & Mapping (2018-2027) ($MN)
4 Global Commercial Satellite Imaging Market Outlook, By Urban Planning & Development (2018-2027) ($MN)
5 Global Commercial Satellite Imaging Market Outlook, By Disaster Management (2018-2027) ($MN)
6 Global Commercial Satellite Imaging Market Outlook, By Energy & Natural Resource Management (2018-2027) ($MN)
7 Global Commercial Satellite Imaging Market Outlook, By Surveillance & Security (2018-2027) ($MN)
8 Global Commercial Satellite Imaging Market Outlook, By Defense & Intelligence (2018-2027) ($MN)
9 Global Commercial Satellite Imaging Market Outlook, By Maritime (2018-2027) ($MN)
10 Global Commercial Satellite Imaging Market Outlook, By Conservation and Geological Research (2018-2027) ($MN)
11 Global Commercial Satellite Imaging Market Outlook, By Media & Entertainment (2018-2027) ($MN)
12 Global Commercial Satellite Imaging Market Outlook, By Satellite Telemetry (2018-2027) ($MN)
13 Global Commercial Satellite Imaging Market Outlook, By Technology (2018-2027) ($MN)
14 Global Commercial Satellite Imaging Market Outlook, By Radar (2018-2027) ($MN)
15 Global Commercial Satellite Imaging Market Outlook, By Optical (2018-2027) ($MN)
16 Global Commercial Satellite Imaging Market Outlook, By Type (2018-2027) ($MN)
17 Global Commercial Satellite Imaging Market Outlook, By Middle (2018-2027) ($MN)
18 Global Commercial Satellite Imaging Market Outlook, By Large (2018-2027) ($MN)
19 Global Commercial Satellite Imaging Market Outlook, By Small (2018-2027) ($MN)
20 Global Commercial Satellite Imaging Market Outlook, By Nano (2018-2027) ($MN)
21 Global Commercial Satellite Imaging Market Outlook, By Pico (2018-2027) ($MN)
22 Global Commercial Satellite Imaging Market Outlook, By Micro (2018-2027) ($MN)
23 Global Commercial Satellite Imaging Market Outlook, By End User (2018-2027) ($MN)
24 Global Commercial Satellite Imaging Market Outlook, By Government (2018-2027) ($MN)
25 Global Commercial Satellite Imaging Market Outlook, By Military & Defense (2018-2027) ($MN)
26 Global Commercial Satellite Imaging Market Outlook, By Forestry & Agriculture (2018-2027) ($MN)
27 Global Commercial Satellite Imaging Market Outlook, By Energy Sector (2018-2027) ($MN)
28 Global Commercial Satellite Imaging Market Outlook, By Civil Engineering & Archaeology (2018-2027) ($MN)
29 Global Commercial Satellite Imaging Market Outlook, By Transportation & Logistics (2018-2027) ($MN)
30 Global Commercial Satellite Imaging Market Outlook, By Commercial Enterprises (2018-2027) ($MN)
31 Global Commercial Satellite Imaging Market Outlook, By Power Type (2018-2027) ($MN)
32 Global Commercial Satellite Imaging Market Outlook, By 0.5m Resolving Power (2018-2027) ($MN)
33 Global Commercial Satellite Imaging Market Outlook, By 0.25m Resolving Power (2018-2027) ($MN)
34 Global Commercial Satellite Imaging Market Outlook, By 0.1m Resolving Power (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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