Commercial Satellite Imaging Market by Technology and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR70766

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The commercial satellite imaging market size will grow up to USD 1.73 billion at a CAGR of 7.02% during 2021-2025.

This commercial satellite imaging market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by technology (optical and radar) and geography (North America, APAC, Europe, South America, and MEA). The commercial satellite imaging market report also offers information on several market vendors, including Airbus SE, BlackSky Global LLC, European Space Imaging GmbH, Galileo Group Inc., ImageSat International NV, L3Harris Technologies Inc., Maxar Technologies Inc., Planet Labs Inc., SpaceKnow Inc, and UrtheCast Corp. among others.

What will the Commercial Satellite Imaging Market Size be in 2021?

Commercial-Satellite-Imaging-Market-Market-Size-2020-2025

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Commercial Satellite Imaging Market: Key Drivers and Trends

Key drivers such as the advances in satellite imaging technologies are notably supporting the commercial satellite imaging market growth. However, one of the foremost factors impeding market growth is the costs associated with satellite launches. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic commercial satellite imaging market report has assessed the shift in consumer behavior and identified trends and drivers that will help market players outmaneuver challenges. Technology innovations, implementation, and improvisation scope identified in the commercial satellite imaging market trends is essential for building new business opportunities across segmentations and geographies.

Who are the Major Commercial Satellite Imaging Market Vendors?

The commercial satellite imaging market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

 

  • Airbus SE
  • BlackSky Global LLC
  • European Space Imaging GmbH
  • Galileo Group Inc.
  • ImageSat International NV
  • L3Harris Technologies Inc.
  • Maxar Technologies Inc.
  • Planet Labs Inc.
  • SpaceKnow Inc
  • UrtheCast Corp.

 

From our Porter’s five forces analysis study, get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The commercial satellite imaging market analysis report also contains exhaustive observations on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post-pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.

The key vendor profiles include information on their production, sustainability, and growth prospects. Download a free sample of the commercial satellite imaging market forecast report for insights on complete key vendor profiles.

Which are the Key Regions for Commercial Satellite Imaging Market?

Commercial-Satellite-Imaging-Market-Market-Share-by-Region-2020-2025

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31% of the market’s growth will originate from North America during the forecast period. The US is the key market for commercial satellite imaging market in North America.

North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Growing satellite-based telemetry applications has been identified as one of the chief factors that will drive the commercial satellite imaging market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Technology Segments in the Commercial Satellite Imaging Market?

Commercial-Satellite-Imaging-Market-Market-Share-by-Technology-2020-2025

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The commercial satellite imaging market share growth by the optical segment has been significant. The commercial satellite imaging market report provides a comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

This report provides a thorough commercial satellite imaging market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the commercial satellite imaging market size.

 

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What are the Key Factors Covered in this Commercial Satellite Imaging Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive commercial satellite imaging market growth during the next five years
  • Precise estimation of the commercial satellite imaging market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the commercial satellite imaging market across North America, APAC, Europe, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of commercial satellite imaging market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The commercial satellite imaging market growth will increase by $1732.05 million during 2020-2025.
The commercial satellite imaging market is expected to grow at a CAGR of 7.02% during 2020-2025.
Technavio has segmented the commercial satellite imaging market by technology (Optical and Radar) and geographic (North America, APAC, Europe, South America, and MEA).
Airbus SE, BlackSky Global LLC, European Space Imaging GmbH, Galileo Group Inc., ImageSat International NV, L3Harris Technologies Inc., Maxar Technologies Inc., Planet Labs Inc., SpaceKnow Inc, UrtheCast Corp. are a few of the key vendors in the commercial satellite imaging market.
North America will register the highest growth rate of 31.17% among the other regions. Therefore, the commercial satellite imaging market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • Russian Federation
  • France
  • Japan
The key factors driving the commercial satellite imaging market growth are:
  • Advances in satellite imaging technologies
The commercial satellite imaging market vendors should focus on grabbing business opportunities from the optical segment as it accounted for the largest market share in the base year.
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