World Commercial Satellite Imaging Market - Opportunities and Forecasts, 201-2022

  • ID: 3976200
  • Report
  • Region: Global
  • 128 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • BlackSky Global LLC
  • Digital Globe Inc
  • Galileo Group Inc
  • Harris Corporation
  • ImageSat Inernational NV
  • Planet Labs Inc
  • MORE
Commercial satellite imaging refers to obtaining images of Earth with the help of satellites. Many private companies offer satellite images of Earth along with processing, and analysis for various purposes, including monitoring & detection of vegetation, habitat, oil pipelines infrastructure construction, generation of digital elevation model (DEM), and exploration of natural resources & archaeological sites. The commercial satellite imaging market is significantly growing worldwide, owing to the increase in trend of location-based service (LBS), and rise in application of satellite imagery in sectors such as government, retail, manufacturing, transportation, construction, defense, and healthcare. However, aerial imaging services, which provide cost-effective & higher resolution images and videos as compared to satellite imaging, limits the growth of commercial satellite imaging market. In addition, various limitations of satellite imaging include time-consuming image processing, dependence on weather conditions, image sensing incapability in dense forests, and others. Moreover, decrease in the prices of satellite imaging solutions along with technological advancements such as next-generation GPS satellites, advanced remote sensing technology, high-resolution cameras, light detection and ranging (LIDAR) technology, electric propulsion technology, and others are expected to create numerous opportunities for the market.

The world commercial satellite imaging market is segmented on the basis of end user, application, and geography. Commercial satellite imaging has gained increased adoption across various industries encompassing government, defense, forestry & agriculture, energy, civil engineering & archaeology, and others (media & entertainment, and insurance). The various applications of commercial satellite imaging include geospatial data acquisition & mapping, urban planning & development, disaster management, energy & natural resource management, and surveillance & security. Geographically, the market is classified into North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, Russia, Rest of Europe), Asia-Pacific (China, India, and Japan, Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Leading players, such as DigitalGlobe, Inc., Galileo Group, Inc., Planet Labs, Inc., Spaceknow, Inc., SkyLab Analytics, Harris Corporation, BlackSky Global LLC, ImageSat Inernational N.V, European Space Imaging (EUSI) GmbH, and UrtheCast Corp., and their key business strategies have been analyzed in the report to gain competitive insight into the market. In July 2016, DigitalGlobe, Inc. announced to launch WorldView-4 imaging satellite, which is expected to offer wide growth opportunities to the company by providing advanced and high resolution images to customers. In September 2016, Harris Corporation announced the launch of Advanced Baseline Imager (ABI). ABI is an advanced geostationary weather instrument used in satellites, that can capture images of Earth in five minutes.

Key Benefits:

The study provides an in-depth analysis of the commercial satellite imaging market along with current and future trends to elucidate the imminent investment pockets.
Information regarding key drivers, restraints, and opportunities along with their impact analysis on the commercial satellite imaging industry is discussed.
Porter’s Five Forces analysis of the commercial satellite industry illustrates the potency of buyers and suppliers participating in the commercial satellite imaging market.
The value chain analysis of the commercial satellite imaging industry signifies the key intermediaries involved, and elaborates their roles & value additions at every stage.
The quantitative analysis of the market from 2014 to 2022 is provided to elaborate the market potential.

KEY MARKET SEGMENTS

The commercial satellite imaging market is segmented on the basis of end user, application, and geography.

BY END USER

Government
Defense
Forestry & agriculture
Energy
Civil engineering & archaeology
Others (media & entertainment, and insurance)

BY APPLICATION

Geospatial data acquisition & mapping
Urban planning & development
Disaster management
Energy & natural resource management
Surveillance & security

BY GEOGRAPHY

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Russia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
READ MORE
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BlackSky Global LLC
  • Digital Globe Inc
  • Galileo Group Inc
  • Harris Corporation
  • ImageSat Inernational NV
  • Planet Labs Inc
  • MORE
CHAPTER 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1 CXO perspective

CHAPTER 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.2.3 Top winning strategies

3.3 Value chain analysis
3.4 Porters five forces analysis

3.4.1 Moderate bargaining power of suppliers
3.4.2 Moderate intensity of competitive rivalry
3.4.3 Moderate threat of substitute
3.4.4 Moderate threat of new entrants
3.4.5 High bargaining power of buyers

3.5 Market share analysis, 2015
3.6 Market dynamics

3.6.1 Drivers

3.6.1.1 Increasing trend of location-based service (LBS)
3.6.1.2 Rising application of satellite imagery in various sectors

3.6.2 Restraints

3.6.2.1 High resolution offered by aerial imaging services
3.6.2.2 Various disadvantages of satellite imaging

3.6.3 Opportunities

3.6.3.1 Decreasing prices of satellite imaging solutions
3.6.3.2 Technological advancements

CHAPTER 4 WORLD COMMERCIAL SATELLITE IMAGING MARKET, BY END-USER

4.1 Government

4.1.1 Key market trends
4.1.2 Key growth factors and opportunities
4.1.3 Market size and forecast

4.2 Defense

4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast

4.3 Forestry and agriculture

4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast

4.4 Energy

4.4.1 Key market trends
4.4.2 Key growth factors and opportunities
4.4.3 Market size and forecast

4.5 Civil engineering and archaeology

4.5.1 Key market trends
4.5.2 Key growth factors and opportunities
4.5.3 Market size and forecast

4.6 Others (media & entertainment, and insurance)

4.6.1 Key market trends
4.6.2 Key growth factors and opportunities
4.6.3 Market size and forecast

CHAPTER 5 WORLD COMMERCIAL SATELLITE IMAGING MARKET BY APPLICATION

5.1 Geospatial data acquisition and mapping

5.1.1 Key market trends
5.1.2 Key growth factors and opportunities
5.1.3 Market size and forecast

5.2 Urban planning & development

5.2.1 Key market trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast

5.3 Disaster management

5.3.1 Key market trends
5.3.2 Key growth factors and opportunities
5.3.3 Market size and forecast

5.4 Energy & natural resource management

5.4.1 Key market trends
5.4.2 Key growth factors and opportunities
5.4.3 Market size and forecast

5.5 Surveillance & security

5.5.1 Key market trends
5.5.2 Key growth factors and opportunities
5.5.3 Market size and forecast

CHAPTER 6 WORLD COMMERCIAL SATELLITE IMAGING MARKET, BY GEOGRAPHY

6.1 North America

6.1.1 Key market trends
6.1.2 Key growth factors and opportunities
6.1.3 Market size and forecast

6.1.3.1 U.S.
6.1.3.2 Canada
6.1.3.3 Mexico

6.2 Europe

6.2.1 Key market trends
6.2.2 Key growth factors and opportunities
6.2.3 Market size and forecast

6.2.3.1 UK
6.2.3.2 Germany
6.2.3.3 France
6.2.3.4 Russia
6.2.3.5 Rest of Europe

6.3 Asia-Pacific

6.3.1 Key market trends
6.3.2 Key growth factors and opportunities
6.3.3 Market size and forecast

6.3.3.1 India
6.3.3.2 China
6.3.3.3 Japan
6.3.3.4 Rest of Asia-Pacific

6.4 LAMEA

6.4.1 Key market trends
6.4.2 Key growth factors and opportunities
6.4.3 Market size and forecast

6.4.3.1 Latin America
6.4.3.2 Middle East
6.4.3.3 Africa

CHAPTER 7 COMPANY PROFILES

7.1 Digital Globe, Inc.

7.1.1 Company overview
7.1.2 Company snapshot
7.1.3 Business performance
7.1.4 Key strategic moves and developments

7.2 Galileo Group, Inc.

7.2.1 Company overview
7.2.2 Company snapshot
7.2.3 Key strategic moves and developments

7.3 Planet Labs, Inc.

7.3.1 Company overview
7.3.2 Company snapshot
7.3.3 Key strategic moves and developments

7.4 Spaceknow, Inc.

7.4.1 Company overview
7.4.2 Company snapshot
7.4.3 Key strategic moves and developments

7.5 Harris Corporation

7.5.1 Company overview
7.5.2 Company snapshot
7.5.3 Business performance
7.5.4 Key strategic moves and developments

7.6 SkyLab Analytics

7.6.1 Company overview
7.6.2 Company snapshot
7.6.3 Key strategic moves and developments

7.7 BlackSky Global LLC

7.7.1 Company overview
7.7.2 Company snapshot
7.7.3 Key strategic moves and developments

7.8 ImageSat Inernational N.V.

7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 Key strategic moves and developments

7.9 European Space Imaging GmbH

7.9.1 Company overview
7.9.2 Company snapshot
7.9.3 Key strategic moves and developments

7.10 UrtheCast Corp.

7.10.1 Company overview
7.10.2 Company snapshot
7.10.3 Business performance
7.10.4 Key strategic moves and developments
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FEATURED COMPANIES

  • BlackSky Global LLC
  • Digital Globe Inc
  • Galileo Group Inc
  • Harris Corporation
  • ImageSat Inernational NV
  • Planet Labs Inc
  • MORE
Global Commercial Satellite Imaging Market is expected to garner $5,275 million by 2022, registering a CAGR of 11.5% from 2016 to 2022, according to a new report .The defense sector is expected to dominate the global commercial satellite imaging market during the forecast period. North America is expected to be the leading contributor to the global revenue during the forecast period.

Increase in adoption of location-based service (LBS) for various applications including shopping services, emergency services, navigation services, weather information, and traffic information have fostered the adoption of commercial satellite imagery. In addition, rise in adoption of satellite imaging services in various sectors such as transportation, real estate, oil & gas industry, and media & entertainment is expected to drive the market growth. However, higher resolution offered by aerial imagery as compared to satellite imaging along with incapability of satellites to work in bad weather conditions such as fog, cloud cover, and snow restrict the market growth. Innovative developments in technologies and equipment such as GPS satellites, electric propulsion technology, advanced remote sensing technology, and data transmission through cloud-based platform is expected to provide numerous opportunities for the growth and development of the commercial satellite imaging market.

In the year 2015, the defense sector accounted for the maximum revenue share in the global commercial satellite imaging market, owing to frequent incidents of cross-border disputes, and security concerns worldwide. Growth in demand for geospatial intelligence and mapping services, battlefront analysis, and real-time situation analysis of borders provide huge growth opportunities to the market in defense sector. In addition, the civil engineering & archaeology segment is projected to grow at the fastest CAGR of 12.9% during the forecast period. This growth is attributed to the utilization of satellite imagery for selection of construction sites, surrounding areas, route planning, monitoring of infrastructural projects, 3D modelling of excavation areas, and others. Also, in 2015, Geospatial data acquisition and mapping application accounted for the highest revenue in the global commercial satellite imaging market. The disaster management application is expected to grow at the fastest CAGR owing to increasing incidents of natural disasters such as earthquakes, cyclones, and flood across the world.

North America accounted for a major share of the global commercial satellite imaging market share in 2015, and is expected to maintain its dominance during the forecast period due to heavy investment by government in the defense sector. Asia-Pacific is projected to grow at the fastest CAGR due to increase in events of terrorist attacks and natural disasters.

Key findings of the Commercial Satellite Imaging Market:

In the year 2015, defense end user segment dominated the overall commercial satellite imaging industry in terms of revenue, and is projected to grow at a CAGR of 9.7% during the forecast period
Civil engineering & archaeology end user segment is projected to grow at the highest CAGR of 12.9%
Geospatial data acquisition & mapping application segment is projected to generate the highest revenue in the commercial satellite imaging industry
In the year 2015, North America generated the highest revenue among all regions in the world commercial satellite imaging industry
Asia-Pacific is expected to grow at a remarkable CAGR of 13.1%
The global commercial satellite imaging market generated $2,487 million in 2015

Prominent players in the market such as DigitalGlobe, Inc., Galileo Group, Inc., Planet Labs, Inc., Spaceknow, Inc., SkyLab Analytics, Harris Corporation, and BlackSky Global LLC focus on product launch, acquisition, and partnership for expansion in the market. For instance, in January 2013, DigitalGlobe, Inc. acquired GeoEye, Inc., a geospatial intelligence solutions provider, which enabled DigitalGlobe. Inc. to broaden its service offerings, customer base, and strengthen analytics capabilities.
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  • Digital Globe Inc
  • Galileo Group Inc
  • Planet Labs Inc
  • Spaceknow Inc
  • SkyLab Analytics
  • Harris Corporation
  • BlackSky Global LLC
  • ImageSat Inernational NV
  • European Space Imaging (EUSI) GmbH
  • UrtheCast Corp
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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