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Published Date: 2016-02-08Number of Pages: 91

Commercial Satellite Imaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Spending on Commercial Satellites is Forecast to be Strong Until 2023

The global market for commercial satellite imaging is undergoing a transitional phase. Currently, the market is witnessing moderate growth; however, analysts project it to register a significant rise in the long run. In 2014, the market’s opportunity stood at US$2.5 bn, which is likely to rise at a CAGR of 11.40% between 2015 and 2023 and to reach a value of US$6.5 bn by 2023.

The incorporation of advanced technology in commercial satellite imaging has encouraged a number of industries to adopt this technology in order to increase their business reach to the new world. Besides, the increased demand for high-resolution satellite imagery in environmental protection and national development authorities, homeland security agencies, national defense organizations, and emergency services across the world is likely to augment the demand for commercial satellite imaging in the near future. The widening application range of imaging satellites is also projected to drive their demand over the next few years.

Defense and Intelligence Sector to Remain Largest Application Area for Commercial Satellite Imaging Technology

The major application areas of commercial satellite imaging technology are energy, natural resources management, geospatial technology, construction and development, defense and intelligence, disaster response management, conservation and research, and media and entertainment.

The defense and intelligence sector has reported the highest demand for this technology over the last few years and is expected to remain its largest application area over the forecast period. The increasing adoption of this technology in the military, infrastructure, and various other applications has been identified as the key factor behind this demand.

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High Funding by Governments for Space Programs Propels North America Commercial Satellite Imaging Market

The worldwide commercial satellite imaging market spreads across Asia Pacific, Latin America, North America, Europe, and the Middle East and Africa. North America, among all, has emerged as the market leader. In 2014, it accounted for a share of around 45% of the overall revenue generated in this market. High funding by the governments in the region for space programs and a strong technological base are the key factors that have propelled the commercial satellite imaging market in North America over the last few years. Analysts expect it to retain its dominance during the forecast period.

Latin America is also projected to witness a significant growth in its commercial satellite imaging market in the coming years as the demand for commercial satellite imaging equipment is expected to increase in this region due to their widespread application in the agricultural and the industrial sectors. In Latin America, these sectors are likely to report a remarkable rise in the near future.

The global market for commercial satellite imaging is moderately fragmented as it consists of a limited number of participants providing commercial satellite imaging services across the world. Spaceknow Inc., SkyLab Analytics, Trimble Navigation Ltd., Exelis Inc., Telespazio, DigitalGlobe Inc., Planet Labs Inc., Blacksky Global, and Galileo Group Inc. are the leading players in this market.

Chapter 1 Preface
1.1 Research Scope
1.2 Market Segmentation
1.3 Research Methodology

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Commercial Satellite Imaging Market, 2014 & 2023
2.2 Global Commercial Satellite Imaging Market Revenue, 2013 – 2023 (US$ Mn) and Y-o-Y Growth (%)

Chapter 3 Global Commercial Satellite Imaging Market Analysis
3.1 Key Trends Analysis
3.2 Market Dynamics
      3.2.1 Drivers
      3.2.2 Restraints
      3.2.3 Opportunities
3.3 Value Chain Analysis
3.4 Global Commercial Satellite Imaging Market Analysis, By End-use Industry
      3.4.1 Overview
      3.4.2 Government
      3.4.3 Commercial Enterprises
      3.4.4 Civil Engineering Industry
      3.4.5 Military
      3.4.6 Forest 
      3.4.7 Agriculture
      3.4.8 Energy Sector
      3.4.9 Insurance
3.5 Global Commercial Satellite Imaging Market Analysis, By Application
      3.5.1 Overview
      3.5.2 Energy
      3.5.3 Geospatial Technology
      3.5.4 Natural Resources Management
      3.5.5 Construction and Development
      3.5.6 Disaster Response Management
      3.5.7 Defense and Intelligence
      3.5.8 Conservation and Research
      3.5.9 Media and Entertainment
3.6 Competitive Landscape
      3.6.1 Market Positioning of Key Players in Commercial Satellite Imaging Market (2014)
      3.6.2 Competitive Strategies Adopted by Leading Players

Chapter 4 North America Commercial Satellite Imaging Market Analysis
4.1 Overview
4.2 Key Trends Analysis
4.3 North America Commercial Satellite Imaging Market Analysis, by End-use Industry
      4.3.1 North America Commercial Satellite Imaging Market Share Analysis, by End-use Industry, 2014 & 2023 (%)
4.4 North America Commercial Satellite Imaging Market Analysis, By Application
      4.4.1 North America Commercial Satellite Imaging Market Share Analysis, by Application, 2014 & 2023 (%)
4.5 North America Commercial Satellite Imaging Market Analysis, by Region
      4.5.1 North America Commercial Satellite Imaging Market Share Analysis, by Region, 2014 & 2023 (%)

Chapter 5 Europe Commercial Satellite Imaging Market Analysis
5.1 Overview
5.2 Key Trends Analysis
5.3 Europe Commercial Satellite Imaging Market Analysis, by End-use Industry
      5.3.1 Europe Commercial Satellite Imaging Market Share Analysis, by End-use Industry, 2014 & 2023 (%)
5.4 Europe Commercial Satellite Imaging Market Analysis, By Application
      5.4.1 Europe Commercial Satellite Imaging Market Share Analysis, by Application, 2014 & 2023 (%)
5.5 Europe Commercial Satellite Imaging Market Analysis, by Region
      5.5.1 Europe Commercial Satellite Imaging Market Share Analysis, by Region, 2014 & 2023 (%)

Chapter 6 Asia Pacific Commercial Satellite Imaging Market Analysis
6.1 Overview
6.2 Key Trends Analysis
6.3 Asia Pacific Commercial Satellite Imaging Market Analysis, by End-use Industry
      6.3.1 Asia Pacific Commercial Satellite Imaging Market Share Analysis, by End-use Industry, 2014 & 2023 (%)
6.4 Asia Pacific Commercial Satellite Imaging Market Analysis, By Application
      6.4.1 Asia Pacific Commercial Satellite Imaging Market Share Analysis, by Application, 2014 & 2023 (%)
6.5 Asia Pacific Commercial Satellite Imaging Market Analysis, by Region
      6.5.1 Asia Pacific Commercial Satellite Imaging Market Share Analysis, by Region, 2014 & 2023 (%)

Chapter 7 Middle East and Africa (MEA) Commercial Satellite Imaging Market Analysis
7.1 Overview
7.2 Key Trends Analysis
7.3 MEA Commercial Satellite Imaging Market Analysis, by End-use Industry
      7.3.1 MEA Commercial Satellite Imaging Market Share Analysis, by End-use Industry, 2014 & 2023 (%)
7.4 MEA Commercial Satellite Imaging Market Analysis, By Application
      7.4.1 MEA Commercial Satellite Imaging Market Share Analysis, by Application, 2014 & 2023 (%)
7.5 MEA Commercial Satellite Imaging Market Analysis, by Region
      7.5.1 MEA Commercial Satellite Imaging Market Share Analysis, by Region, 2014 & 2023 (%)

Chapter 8 Latin America Commercial Satellite Imaging Market Analysis
8.1 Overview
8.2 Key Trends Analysis
8.3 Latin America Commercial Satellite Imaging Market Analysis, by End-use Industry
      8.3.1 Latin America Commercial Satellite Imaging Market Share Analysis, by End-use Industry, 2014 & 2023 (%)
8.4 Latin America Commercial Satellite Imaging Market Analysis, By Application
      8.4.1 Latin America Commercial Satellite Imaging Market Share Analysis, by Application, 2014 & 2023 (%)
8.5 Latin America Commercial Satellite Imaging Market Analysis, by Region
      8.5.1 Latin America Commercial Satellite Imaging Market Share Analysis, by Region, 2014 & 2023 (%)

Chapter 9 Company Profiles
9.1 DigitalGlobe, Inc.
9.2 Galileo Group, Inc.
9.3 Planet Labs, Inc.
9.4 Spaceknow, Inc. 
9.5 Exelis, Inc.
9.6 SkyLab Analytics
9.7 Trimble Navigation Limited.
9.8 Telespazio
9.9 Blacksky Global 

The “Commercial Satellite Imaging Market” report provides analysis of the global commercial satellite imaging market for the period 2013–2023, wherein the years from 2015 to 2023 is the forecast period and 2014 is considered as the base year. The report precisely covers all the major trends and technologies playing a major role in the commercial satellite imaging market’s growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence the market growth during this period. The study provides a holistic perspective on the market’s growth in terms of revenue (in US$ Mn), across different geographies, which includes Asia Pacific (APAC), Latin America (LATAM), North America, Europe, and Middle East & Africa (MEA).

The market overview section of the report showcases the market’s dynamics and trends such as the drivers, restraints, and opportunities that influence the current nature and future status of this market. Impact analysis of key trends has also been provided for every geographical region in the report, in order to give a thorough analysis of the overall competitive scenario in for the commercial satellite imaging market globally. Moreover, the report provides the overview of various strategies and the winning imperatives of the key players in the commercial satellite imaging market and analyzes their behavior in the prevailing market dynamics.

 

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The report segments the global commercial satellite imaging market on the basis of end-use industry into government, commercial enterprises, civil engineering industry, military, forest, agriculture, energy sectors, and insurance. By application, the market has been classified into energy, geospatial technology, natural resources management, construction and development, disaster response management, defense and intelligence, conservation and research, and media and entertainment. Thus, the report provides in-depth cross-segment analysis for the commercial satellite imaging market and classifies it into various levels, thereby providing valuable insights on macro as well as micro level.  

The report also provides the competitive landscape for the commercial satellite imaging market, thereby positioning all the major players according to their geographic presence, market attractiveness and recent key developments. The complete commercial satellite imaging market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the commercial satellite imaging market’s growth.

DigitalGlobe, Inc., Galileo Group, Inc., Planet Labs, Inc., Spaceknow, Inc., Exelis, Inc., SkyLab Analytics, Trimble Navigation Limited, Telespazio, and Blacksky Global are some of the major players which have been profiled in this study. Details such as financials, business strategies, recent developments, and other such strategic information pertaining to these players has been provided as part of company profiling.

  • Below is the list of acronyms used in the report:
    • SIA - Satellite Industry Association
    • FAA - Federal Aviation Administration
    • ESA - European Space Agency
    • PST - Position, Navigation, and Timing
    • VSAT - Very Small Aperture Terminals
    • FTP - File Transfer Protocol
    • DGRS - Deployable Ground Receiving Station
    • GIS - Geographical Information System


 
 
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