Global Commercial Satellite Imaging Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2019–2028
“Global Commercial Satellite Imaging Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global commercial satellite imaging market report has been segmented on the basis of technology, end-use industry, application, and regions.
Global Commercial Satellite Imaging Market: Overview
The commercial satellite imaging system offers real time information and data related to a particular location in a picture form, that are used across various commercial fields for several needs. This commercial satellite imaging system is used in various sectors such as in security energy resources, environment management and monitoring, mapping of various construction projects and surveillance on border areas.
Global Commercial Satellite Imaging Market: Dynamics
Rising adoption of various services such as location-based service in several sectors, including transportation, defense and intelligence, manufacturing, telecommunication, energy, and E-retailing is a major factor expected to drive growth of the global commercial satellite imaging market. In addition, reduced prices of satellite imaging services and technological enhancements such as advanced cloud services, GPS satellites, cameras with high-resolution, and remote sensing technology is another key factor estimated to drive growth of the global commercial satellite imaging market.
Moreover, commercial satellite imaging systems are utilized for mapping energy loss, exploration of energy resources, monitoring of gas pipeline and to inspect power plants, which is estimated to fuel growth of the global commercial satellite imaging market. Furthermore, high adoption of commercial satellite imaging systems by defense sector for various applications such as to inspect rescue operations, to monitor illegal activities and to map border area is another major factor anticipated to drive growth of the global commercial satellite imaging market.
However, aerial imaging services is widely used as an alternative for commercial satellite imaging systems as it provides high resolution pictures as compared to commercial satellite imaging, which is a major factor that could hamper growth of the global commercial satellite imaging market.
Global Commercial Satellite Imaging Market: Segment Insights
Among the application segments, the defense & intelligence segment is estimated to account major revenue share in the global commercial satellite imaging market. Variety of applications of commercial satellite imaging in defense sector is estimated to drive growth of the defense & intelligence segment in the global commercial satellite imaging market.
Among the technology segments, the optical technology segment is anticipated to account for highest revenue share in the global commercial satellite imaging market. The radar technology segment is expected to show significant growth in coming years, due to high adoption of satellite imaging systems by various sectors.
Global Commercial Satellite Imaging Market: Region Insights
North America market is estimated to account for highest revenue share in the global commercial satellite imaging market. Increasing adoption of commercial satellite imaging technology in order to track unauthorized activities as well as high adoption of satellite imaging system by defense sector to keep eye on border are some factors expected to drive growth of the commercial satellite imaging market in North America. North America market is expected to be followed by Asia Pacific market, and is expected to show significant growth in coming years.
Global Commercial Satellite Imaging Segmentation:
Segmentation by Technology:
Segmentation by End-use Industry:
- Commercial Enterprises
- Civil Engineering Industry
- Energy Sector
Segmentation by Application:
- Geospatial Technology
- Natural Resources Management
- Construction & Development
- Disaster Response Management
- Defense & Intelligence
- Conservation & Research
- Media & Entertainment
Segmentation by Region:
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Galileo Group Inc.
- Spaceknow Inc.
- Environmental Systems Research Institute
- Airbus Defence and Space
- Planet Labs, Inc.
- Skylab Analytics Ltd
- Harris Corporation
- BlackSky Global LLC
- ImageSat Inernational N.V
Request for TOC
Request for Customization
Don't just take our word. We are trusted by these great companies!