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Global Commercial Satellite Imaging Market Size, Share, Trends, Segment and Forecast 2014 - 2020

Global Commercial Satellite Imaging Market is Expected to Cross USD 5.3 Billion by 2020

 

Deerfield Beach, FL -- (SBWIRE) -- 05/27/2016 -- Zion Research has published a new report titled "Commercial Satellite Imaging Market For Geospatial Technology, Disaster Response Management, Defense & Intelligence, Construction & Development, Energy, Natural Resources Management, Conservation & Research Application And By End-Users Military, Forest, Government, Commercial Enterprises, Civil Engineering Industry, Agriculture, Energy, And Insurance: Global Industry Perspective, Comprehensive Analysis And Forecast, 2014 – 2020." According to the report, global demand for commercial satellite imaging Market was valued at USD 2.6 Billion in 2014, and is expected to generate revenue of USD 5.3 billion by end of 2020, growing at a CAGR of 12.00% between 2015 and 2020.

Commercial satellite imaging is the process of collecting data in the form of images through the use of a rotating satellite around earth. Commercial satellite imaging is generally used in agriculture, energy sector, intelligence, conservation, government, commercial enterprises, construction & development, defense and others application. Imaging satellites are operated by governments and few companies around the globe. Satellite imaging company sell images under license and these images are licensed to governments and businesses like Google Maps. Oceanography, fishing, biodiversity, forestry, geology, cartography, regional planning, education, intelligence and warfare are other key applications of commercial satellite imaging.

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Global satellite imaging market is mainly driven by increasing commercial space economy. Rising demand for high resolution satellite imagery by national development organization, services, environmental protection and emergency services is expected to be another key driving factor for commercial satellite imaging market. Stringent government regulations imposed on satellite imaging are expected to hinder market growth in the near future.

Commercial satellite imaging market can be segmented based on application into defense and intelligence, geospatial technology, construction and development, energy, natural resources management and other. Commercial satellite imaging is dominated by defense and intelligence segment in terms of revenue. It accounted for over 30.0% share of the total market in 2014.
Military, forest, government, commercial enterprises, agriculture, energy, and other are key application of commercial satellite imaging market. In 2014, the government segment dominated the global commercial satellite imaging market and accounted for more than 32% share of the total market. Increasing number of commercial satellites launched by different agencies such as NASA is expected to drive the government application segment.

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Based on regional segmentation, North America dominated the global commercial satellite imaging market and accounted for over 42% share of the total market in 2014. North America is expected to grow at a rapid pace due to increasing government financial support in the region. Europe is also expected to experience significant growth of commercial satellite imaging market in the years to come.

Some of the key players of global commercial satellite imaging market include GeoEye Inc., BlackBridge (RapidEye), Planet Labs, Inc., Space know, Inc., Skybox Imaging, Inc., Trimble Navigation Limited, Digital Globe, Inc., Image Sat International N.V., Astrium Geo, SkyLab Analytics, Telespazio, Google Inc., and Galileo Group.
The report segments the global commercial satellite imaging market into:
Global Commercial Satellite Imaging Market: Application Segment Analysis
Geospatial Technology
Defense And Intelligence
Construction And Development
Energy
Natural Resources Management
Others
Global Commercial Satellite Imaging Market: End-Users Segment Analysis
Military
Forest
Government
Commercial Enterprises
Agriculture
Energy
Others
Global Commercial Satellite Imaging Market: Regional Segment Analysis
North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East & Africa

Table Of Content:

Chapter 1. Introduction
1.1. Report description and scope
1.2. Research scope
1.3. Research methodology
1.3.1. Market research process
1.3.2. Market research methodology
Chapter 2. Executive Summary
2.1. Global market volume and revenue, 2014 - 2020(USD Million)
2.2. Global commercial satellite imaging market: Snapshot
Chapter 3. Commercial Satellite Imaging Market – Global and Industry Analysis
3.1. Commercial satellite imaging: Market dynamics
3.2. Market drivers
3.2.1. Drivers of global commercial satellite imaging market: Impact analysis
3.2.2. increasing demand for high resolution satellite imagery
3.3. Market restraints
3.3.1. Restraints for global commercial satellite imaging market: Impact analysis
3.3.2. Stringent government regulations
3.4. Opportunities
3.5. Porter's five forces analysis
3.6. Market Attractiveness Analysis
3.6.1. Market attractiveness analysis by application segment
3.6.2. Market attractiveness analysis by end-user segment
3.6.3. Market attractiveness analysis by regional segment
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