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Global Commercial Satellite Imaging Market (2023-2028) by Technology, Applications, End-Users, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis

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  • 179 Pages
  • January 2023
  • Region: Global
  • Infogence Global Research
  • ID: 5566979

Commercially existing satellite high-resolution imagery will prompt the growth of more comprehensive denial and deception and countermeasures against anti-satellites

The Global Commercial Satellite Imaging Market is estimated to be USD 3.7 Bn in 2023 and is expected to reach USD 6.29 Bn by 2028, growing at a CAGR of 11.19%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Commercial Satellite Imaging Market is segmented based on Technology, Applications, End-Users, and Geography.
  • By Technology, the market is classified into Optical and Radar.
  • By Applications, the market is classified into Défense & Intelligence, Geospatial Data Acquisition & Mapping, Urban Planning & Development, Disaster Management, Energy and natural resource management, Surveillance & Security, and Others.
  • By End-Users, the market is classified into Government, Military & Défense, Forestry & Agriculture, Energy, Civil Engineering & Archaeology, Transportation & Logistics, and Others.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Fraym, Hummingbird Technologies, ImageSat International Ltd., Kayrros SAS, L3Harris Geospatial Solutions, Inc., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Commercial Satellite Imaging Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Commercial Satellite Imaging Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Commercial Satellite Imaging Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Commercial Satellite Imaging Market

What is the estimated value of the Global Commercial Satellite Imaging Market?

The Global Commercial Satellite Imaging Market was estimated to be valued at $3.7 Billion in 2023.

What is the growth rate of the Global Commercial Satellite Imaging Market?

The growth rate of the Global Commercial Satellite Imaging Market is 11.1%, with an estimated value of $6.29 Billion by 2028.

What is the forecasted size of the Global Commercial Satellite Imaging Market?

The Global Commercial Satellite Imaging Market is estimated to be worth $6.29 Billion by 2028.

Who are the key companies in the Global Commercial Satellite Imaging Market?

Key companies in the Global Commercial Satellite Imaging Market include Airbus, BlackSky LLC, Capella Space, Descartes Labs, European Space Imaging, Fraym, Hummingbird Technologies, ImageSat International Ltd. and L3Harris Geospatial Solutions, Inc..

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders

2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study

3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook

4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Dependence for Location-Based Services (LBS) for Real-Time Geographic Data
4.1.2 Rising Expansion of Military and Défense Budgets to Develop Security Programs
4.2 Restraints
4.2.1 Limited Funding Available in Emerging Country
4.3 Opportunities
4.3.1 Increase in Demand Owing to Increase in Number of Satellite Launches
4.3.2 Technological Advancement Such as Advanced Remote Sensing, GPS Satellites, and High-Resolution Cameras
4.4 Challenges
4.4.1 Availability of Low-Cost Alternatives Such as Aerial Imaging Services

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis

6 Global Commercial Satellite Imaging Market, By Technology
6.1 Introduction
6.2 Optical
6.3 Radar

7 Global Commercial Satellite Imaging Market, By Applications
7.1 Introduction
7.2 Defense & Intelligence
7.3 Geospatial Data Acquisition & Mapping
7.4 Urban Planning and Development
7.5 Disaster Management
7.6 Energy & Natural Resource Management
7.7 Surveillance & Security
7.8 Others

8 Global Commercial Satellite Imaging Market, By End-Users
8.1 Introduction
8.2 Government
8.3 Military & Défense
8.4 Forestry & Agriculture
8.5 Energy
8.6 Civil Engineering & Archaeology
8.7 Transportation & Logistics
8.8 Others

9 Americas' Commercial Satellite Imaging Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas

10 Europe's Commercial Satellite Imaging Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe

11 Middle East and Africa's Commercial Satellite Imaging Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA

12 APAC's Commercial Satellite Imaging Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific

13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements

14 Company Profiles
14.1 Airbus
14.2 BlackSky LLC
14.3 Capella Space
14.4 Descartes Labs
14.5 European Space Imaging
14.6 Fraym
14.7 Hummingbird Technologies
14.8 ImageSat International Ltd.
14.9 Kayrros SAS
14.10 L3Harris Geospatial Solutions, Inc.
14.11 Maxar Technologies Inc.
14.12 Orbital Insight
14.13 Planet Labs PBC
14.14 SpaceKnow
14.15 Telespazio France

15 Appendix
15.1 Questionnaire

Companies Mentioned

  • Airbus
  • BlackSky LLC
  • Capella Space
  • Descartes Labs
  • European Space Imaging
  • Fraym
  • Hummingbird Technologies
  • ImageSat International Ltd.
  • Kayrros SAS
  • L3Harris Geospatial Solutions, Inc.
  • Maxar Technologies Inc.
  • Orbital Insight
  • Planet Labs PBC
  • SpaceKnow
  • Telespazio France