Commercial Satellite Imaging Trends and Forecast
The future of the global commercial satellite imaging market looks promising with opportunities in the government, military & defense, forestry & agriculture, energy, civil engineering & archaeology, and transportation & logistics sectors. The global commercial satellite imaging market is expected to reach an estimated $8.2 billion by 2030 with a CAGR of 11.4% from 2024 to 2030. The major drivers for this market are rising demand for geospatial data in urban planning and development projects and growing need for satellite imaging in defense and security applications.Commercial Satellite Imaging by Segment
The study includes a forecast for the global commercial satellite imaging by application, end use industry, and region.Commercial Satellite Imaging Market by Application [Shipment Analysis by Value from 2018 to 2030]
- Geospatial Data Acquisition and Mapping
- Urban Planning and Development
- Disaster Management
- Energy and Natural Resource Management
- Surveillance & Security
- Defense & Intelligence
- Others
Commercial Satellite Imaging Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]
- Government
- Military & Defense
- Forestry & Agriculture
- Energy
- Civil Engineering and Archaeology
- Transportation and Logistics
- Others
Commercial Satellite Imaging Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Commercial Satellite Imaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies commercial satellite imaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the commercial satellite imaging companies profiled in this report include-- Harris Corporation
- European Space Imaging
- Planet Labs
- Telespazio France
- Urthecast
Commercial Satellite Imaging Market Insights
The publisher forecasts that geospatial data acquisition and mapping is expected to witness the highest growth over the forecast period.Within this market, military and defense is expected to witness the highest growth over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Commercial Satellite Imaging Market
- Market Size Estimates: Commercial satellite imaging market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Commercial satellite imaging market size by application, end use industry, and region in terms of value ($B).
- Regional Analysis: Commercial satellite imaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different applications, end use industries, and regions for the commercial satellite imaging market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the commercial satellite imaging market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the commercial satellite imaging market size?Answer: The global commercial satellite imaging market is expected to reach an estimated $8.2 billion by 2030.
Q2. What is the growth forecast for commercial satellite imaging market?
Answer: The global commercial satellite imaging market is expected to grow with a CAGR of 11.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the commercial satellite imaging market?
Answer: The major drivers for this market are rising demand for geospatial data in urban planning and development projects and growing need for satellite imaging in defense and security applications.
Q4. What are the major segments for commercial satellite imaging market?
Answer: The future of the commercial satellite imaging market looks promising with opportunities in the government, military & defense, forestry & agriculture, energy, civil engineering & archaeology, and transportation & logistics sectors.
Q5. Who are the key commercial satellite imaging market companies?
Answer: Some of the key commercial satellite imaging companies are as follows:
- Harris Corporation
- European Space Imaging
- Planet Labs
- Telespazio France
- Urthecast
Answer: The publisher forecasts that geospatial data acquisition and mapping is expected to witness the highest growth over the forecast period.
Q7. In commercial satellite imaging market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the commercial satellite imaging market by application (geospatial data acquisition and mapping, urban planning and development, disaster management, energy and natural resource management, surveillance & security, defense & intelligence, and others), end use industry (government, military & defense, forestry & agriculture, energy, civil engineering and archaeology, transportation and logistics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Commercial Satellite Imaging Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Harris Corporation
- European Space Imaging
- Planet Labs
- Telespazio France
- Urthecast
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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