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

KEY MARKET PLAYERS PROFILED IN THE REPORT

Digital Globe, 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
UrtheCast Corp.

OTHER MARKET PLAYERS MENTIONED IN THE REPORT

Elecnor SA., Vricon, Inc, Rocket Lab, Surrey Satellite Technology Ltd., MacDonald, Dettwiler and Associates Ltd. (MDA), Airbus Defence and Space, Lockheed Martin Corporation, Space Systems/Loral, LLC, (SSL), SpaceView Inc, Korea Space-image Technology, Ltd., ADCC International East Africa Limited, Aeroquest Mapcon Inc., Antrix Corporation Limited, Beijing Gisuni Information Co. Ltd., Terraserver, Inc., GeoEye, Inc., RapidEye, Inc., Vexcel Corp., Satshot, Inc., PlanetiQ, Inc., NovaWurks, Inc., GlobeXplorer LLC, DMC International Imaging (DMCii), Mapbox, Inc., TSM Corporation, Environmental Systems Research Institute (Esri), Exelis Inc.