Commercial Satellite Imaging Market Report: Trends, Forecast and Competitive Analysis to 2030

Commercial Satellite Imaging Trends and Forecast

The future of the global commercial satellite imaging market looks promising with opportunities in the government, military & defense, forestry & agriculture, energy, civil engineering & archaeology, and transportation & logistics sectors. The global commercial satellite imaging market is expected to reach an estimated $8.2 billion by 2030 with a CAGR of 11.4% from 2024 to 2030. The major drivers for this market are rising demand for geospatial data in urban planning and development projects and growing need for satellite imaging in defense and security applications.

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

Commercial Satellite Imaging by Segment

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

Commercial Satellite Imaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Geospatial Data Acquisition and Mapping
• Urban Planning and Development
• Disaster Management
• Energy and Natural Resource Management
• Surveillance & Security
• Defense & Intelligence
• Others

Commercial Satellite Imaging Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Government
• Military & Defense
• Forestry & Agriculture
• Energy
• Civil Engineering and Archaeology
• Transportation and Logistics
• Others

Commercial Satellite Imaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:

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

List of Commercial Satellite Imaging Companies

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 commercial satellite imaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the commercial satellite imaging companies profiled in this report include-

• Harris Corporation
• European Space Imaging
• Planet Labs
• Telespazio France
• Urthecast

Commercial Satellite Imaging Market Insights

Lucintel forecasts that geospatial data acquisition and mapping is expected to witness the highest growth over the forecast period.

Within this market, military and defense is expected to witness the highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Commercial Satellite Imaging Market

Market Size Estimates: Commercial satellite imaging 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: Commercial satellite imaging market size by application, end use industry, and region in terms of value ($B).

Regional Analysis: Commercial satellite imaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

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

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

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

FAQ

Q1. What is the commercial satellite imaging market size?

Answer: The global commercial satellite imaging market is expected to reach an estimated $8.2 billion by 2030.

Q2. What is the growth forecast for commercial satellite imaging market?

Answer: The global commercial satellite imaging market is expected to grow with a CAGR of 11.4% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the commercial satellite imaging market?

Answer: The major drivers for this market are rising demand for geospatial data in urban planning and development projects and growing need for satellite imaging in defense and security applications.

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

Answer: The future of the commercial satellite imaging market looks promising with opportunities in the government, military & defense, forestry & agriculture, energy, civil engineering & archaeology, and transportation & logistics sectors.

Q5. Who are the key commercial satellite imaging market companies?

Answer: Some of the key commercial satellite imaging companies are as follows:

• Harris Corporation
• European Space Imaging
• Planet Labs
• Telespazio France
• Urthecast

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

Answer: Lucintel forecasts that geospatial data acquisition and mapping is expected to witness the highest growth over the forecast period.

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

Answer: APAC is expected to witness highest growth over the forecast period.

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 the commercial satellite imaging market by application (geospatial data acquisition and mapping, urban planning and development, disaster management, energy and natural resource management, surveillance & security, defense & intelligence, and others), end use industry (government, military & defense, forestry & agriculture, energy, civil engineering and archaeology, transportation and logistics, 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?