Satellite Imaging for the Global Agriculture Market Report: Trends, Forecast and Competitive Analysis to 2030

Satellite Imaging for the Agriculture Trends and Forecast

The future of satellite imaging for the global agriculture market looks promising with opportunities in the agribusiness, government and non-government agency, and research institute markets. Satellite imaging for the global agriculture market is expected to reach an estimated $0.8 billion by 2030 with a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are rising need for efficient and sustainable agriculture practices, development of small satellite constellations, and increasing integration of satellite image in precision farming practises in the developing countries.

A more than 150-page report is developed to help in your business decisions.

Satellite Imaging for the Agriculture by Segment

The study includes a forecast of satellite imaging for the global agriculture by product, application, end use industry, and region.

Satellite Imaging for the Global Agriculture Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Data Acquisition
• Processing
• Analytics
• Integrated Delivery Platform

Satellite Imaging for the Global Agriculture Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Crop Health Monitoring
• Soil Mapping
• Forestry
• Others

Satellite Imaging for the Global Agriculture Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Agribusinesses
• Government and Non-Government Agencies
• Research Institutes
• Others

Satellite Imaging for the Global Agriculture Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Satellite Imaging Companies for the Agriculture Market

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies satellite imaging companies for the agriculture market cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the satellite imaging companies for the agriculture market are profiled in this report include-

• Airbus
• EOS Data Analytics
• Esri Global
• Farmers Edge
• Gamaya
• Iceye Oy
• Planet Labs PBC
• European Space Imaging
• Satellogic
• SpaceKnow

Satellite Imaging for the Global Agriculture Market Insights

Lucintel forecasts that crop health monitoring will remain the largest segment over the forecast period becasue it helps in enabling precise digital agriculture practices and large-scale pest detection, as well as farmers and agronomists can easily monitor and optimize crop health and assess variations in yield on a seasonal basis.

Within this market, agribusiness will remain the largest segment over the forecast period due to improvement in satellite image and remote sensing technology day by day, which assists the farm managers and modern farmers to keep track of conditions and monitoring growth, weather, and carbon.

North America will remain the largest region over the forecast period due to growing utilization of satellite imaging for precise crop health monitoring and pest detection.

Features of Satellite Imaging for the Global Agriculture Market

Market Size Estimates: Satellite imaging for the global agriculture market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Satellite imaging for the global agriculture market size by product, application, end use industry, and region in terms of value ($B).

Regional Analysis: Satellite imaging for the global agriculture market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, applications, end use industries, and regions of satellite imaging for the agriculture market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of satellite imaging for the global agriculture market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is satellite imaging for the global agriculture market size?

Answer: Satellite imaging for the global agriculture market is expected to reach an estimated $0.8 billion by 2030.

Q.2 What is the growth forecast for satellite imaging for the agriculture market?

Answer: Satellite imaging for the global agriculture market is expected to grow with a CAGR of 8.1% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the satellite imaging for the agriculture market?

Answer: The major drivers for this market are rising need for efficient and sustainable agriculture practices, development of small satellite constellations, and increasing integration of satellite image in precision farming practises in the developing countries.

Q4. What are the major segments for satellite imaging for the agriculture market?

Answer: The future of satellite imaging for the global agriculture market looks promising with opportunities in the agribusiness, government and non-government agency, and research institute markets.

Q5. Who are the key satellite imaging companies for the global agriculture market?

Answer: Some of the key satellite imaging companies for the agriculture market are as follows:

• Airbus
• EOS Data Analytics
• Esri Global
• Farmers Edge
• Gamaya
• Iceye Oy
• Planet Labs PBC
• European Space Imaging
• Satellogic
• SpaceKnow

Q6. Which satellite imaging for the agriculture market segment will be the largest in future?

Answer: Lucintel forecasts that crop health monitoring will remain the largest segment over the forecast period becasue it helps in enabling precise digital agriculture practices and large-scale pest detection, as well as farmers and agronomists can easily monitor and optimize crop health and assess variations in yield on a seasonal basis.

Q7. In satellite imaging for the agriculture market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to growing utilization of satellite imaging for precise crop health monitoring and pest detection.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for satellite imaging for the global agriculture market by product (data acquisition, processing, analytics, and integrated delivery platform), application (crop health monitoring, soil mapping, forestry, and others), end use industry (agribusinesses, government and non-government agencies, research institutes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?