Dublin, Feb. 07, 2023 (GLOBE NEWSWIRE) -- The "Commercial Satellite Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global commercial satellite imaging market size reached US$ 3.5 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 6.5 Billion by 2027, exhibiting a CAGR of 10.87% during 2021-2027.
Companies Mentioned
- Airbus S.A.S.
- BlackSky Technology Inc.
- EarthDaily Analytics (UrtheCast Corp.)
- European Space Imaging GmbH
- Galileo Group Inc
- L3Harris Technologies Inc.
- Maxar Technologies Inc.
- Planet Labs Inc.
- Skylab Analytics
- SpaceKnow Inc
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Commercial satellite imaging is a tool used to visualize high-resolution datasets of ground conditions. It searches a map or an area of interest to compare date, prices, and resolution with other suppliers.
It offers comprehensive data and a clear picture useful in simulation, engineering, infrastructure, telecommunications, precision agriculture, disaster recovery, forestry, and watershed management. It also provides a base to start projects for media and publication, regional studies, and mapping widespread trends.
Presently, key players are introducing commercial satellite imaging that can detect ground conditions at night with radar imagery, thereby delivering unique, reliable monitoring capabilities to civil and defense organizations around the world.
Rising concerns about climatic changes, environmental degradation, and disaster monitoring represent one of the key factors escalating the demand for commercial satellite imaging around the world. Moreover, due to the growing security concerns and geopolitical tensions between countries, governing agencies of numerous countries are increasing their defense budget. They are deploying commercial satellite imaging to provide information that helps strengthen defense operations and security services.
In addition, satellite imaging provides data on the chemical, physical, and biological properties of the planet. This information is widely used by researchers, scientists, and companies to develop advanced products.
Apart from this, the introduction of advanced technologies, such as global positioning system (GPS) satellites, electric propulsion, remote sensing, high-resolution cameras, and light detection and ranging (LIDAR), is contributing to market growth. The escalating use of artificial intelligence (AI) and cloud infrastructure is also influencing the market positively.
Furthermore, the integration of rapid acquisition with commercial satellite imaging technology can quickly deliver image data to support live monitoring of events, which is creating a favorable market outlook.
Key Questions Answered in This Report:
- How has the global commercial satellite imaging market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global commercial satellite imaging market?
- What are the key regional markets?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global commercial satellite imaging market and who are the key players?
- What is the degree of competition in the industry?
Report Coverage and Details:
| Report Attribute | Details |
| No. of Pages | 143 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value (USD) in 2021 | $3.5 Billion |
| Forecasted Market Value (USD) by 2027 | $6.5 Billion |
| Compound Annual Growth Rate | 10.8% |
| Regions Covered | Global |
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Commercial Satellite Imaging Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Technology
6.1 Optical
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Radar
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Geospatial Data Acquisition and Mapping
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Urban Planning and Development
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Disaster Management
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Energy and Natural Resource Management
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Surveillance and Security
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Defense and Intelligence
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Others
7.7.1 Market Trends
7.7.2 Market Forecast
8 Market Breakup by End User
8.1 Government
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Military Defense
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Forestry and Agriculture
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Energy
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Civil Engineering and Archaeology
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Transportation and Logistics
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/2ue10d
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
