NEW YORK, Feb. 15, 2023 /PRNewswire/ -- The commercial satellite imaging market size is forecast to increase by USD 1,722.63 million from 2022 to 2027, at a CAGR of 6.24%, according to the recent market study by Technavio. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 3,642.21 million. The growth of the market will be driven by advances in satellite imaging technologies, growing satellite-based telemetry applications, and increasing demand for EO imaging systems. Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

Technavio has extensively analyzed 15 major vendors, including Airbus SE, BlackSky Global LLC, European Space Imaging GmbH, ICEYE Oy, Imagesat International I.S.I Ltd., L3Harris Technologies Inc., MapTiler AG, Maxar Technologies Inc., Planet Labs PBC, Satellogic SA, SkyWatch Space Applications Inc., SpaceKnow Inc., and Thales Group.

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Key Benefits for Industry Players & Stakeholders – 

• The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.

• It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.

• The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

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Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio

• One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.

• Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.

• Furthermore, market adoption rates for all regions have been covered.

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The market is segmented by end-user (government, military and defense, transportation, agriculture, and others), technology (optical and radar), and geography (North America, APAC, Europe, South America, and Middle East and Africa).

Segmentation by End-user (Inclusion/Exclusion)

• The growth of the market in the government segment will be significant over the forecast period. The growth of the segment can be attributed to the increasing usage of satellite imagery in various applications, such as disaster management, energy sector exploration, environment changes, improvement of town planning, and management and monitoring of environmental changes.

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What are the key data covered in this commercial satellite imaging market report?

• CAGR of the market during the forecast period

• Detailed information on factors that will drive the growth of the commercial satellite imaging market between 2023 and 2027

• Precise estimation of the size of the commercial satellite imaging market size and its contribution to the market in focus on the parent market

• Accurate predictions about upcoming trends and changes in consumer behavior

• Growth of the commercial satellite imaging market industry across North America, APAC, Europe, South America, and Middle East and Africa

• A thorough analysis of the market's competitive landscape and detailed information about vendors

• Comprehensive analysis of factors that will challenge the growth of commercial satellite imaging market vendors

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• The military satellite payloads and subsystems market size is expected to increase by USD 2.3 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.18%. The emergence of inflatable SATCOM antennas is one of the key factors driving the global military satellite payloads and subsystems market growth. The issues related to space debris and deorbiting are the major challenges to the global military satellite payloads and subsystems market growth.

Table of contents:

1 Executive Summary

• 1.1 Market overview

2 Market Landscape

• 2.1 Market ecosystem

3 Market Sizing

• 3.1 Market definition

• 3.2 Market segment analysis

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

• 4.1 Global commercial satellite imaging market 2017 - 2021

• 4.2 End user Segment Analysis 2017 - 2021

• 4.3 Technology Segment Analysis 2017 - 2021

• 4.4 Geography Segment Analysis 2017 - 2021

• 4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

• 5.1 Five forces summary

• 5.2 Bargaining power of buyers

• 5.3 Bargaining power of suppliers

• 5.4 Threat of new entrants

• 5.5 Threat of substitutes

• 5.6 Threat of rivalry

• 5.7 Market condition

6 Market Segmentation by End-user

• 6.1 Market segments

• 6.2 Comparison by End-user

• 6.3 Government - Market size and forecast 2022-2027

• 6.4 Military and defense - Market size and forecast 2022-2027

• 6.5 Transportation - Market size and forecast 2022-2027

• 6.6 Agriculture - Market size and forecast 2022-2027

• 6.7 Others - Market size and forecast 2022-2027

• 6.8 Market opportunity by End-user

7 Market Segmentation by Technology

• 7.1 Market segments

• 7.2 Comparison by Technology

• 7.3 Optical - Market size and forecast 2022-2027

• 7.4 Radar - Market size and forecast 2022-2027

• 7.5 Market opportunity by Technology

8 Customer Landscape

• 8.1 Customer landscape overview

9 Geographic Landscape

• 9.1 Geographic segmentation

• 9.2 Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027

• 9.4 APAC - Market size and forecast 2022-2027

• 9.5 Europe - Market size and forecast 2022-2027

• 9.6 South America - Market size and forecast 2022-2027

• 9.7 Middle East and Africa - Market size and forecast 2022-2027

• 9.8 US - Market size and forecast 2022-2027

• 9.9 China - Market size and forecast 2022-2027

• 9.10 Russia - Market size and forecast 2022-2027

• 9.11 France - Market size and forecast 2022-2027

• 9.12 Japan - Market size and forecast 2022-2027

• 9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape

• 11.3 Landscape disruption

• 11.4 Industry risks

12 Vendor Analysis

• 12.1 Vendors covered

• 12.2 Market positioning of vendors

• 12.3 Airbus SE

• 12.4 BlackSky Global LLC

• 12.5 European Space Imaging GmbH

• 12.6 ICEYE Oy

• 12.7 Imagesat International I.S.I Ltd.

• 12.8 L3Harris Technologies Inc.

• 12.9 MapTiler AG

• 12.10 Maxar Technologies Inc.

• 12.11 Planet Labs PBC

• 12.12 Satellogic SA

• 12.13 SkyWatch Space Applications Inc.

• 12.14 SpaceKnow Inc.

• 12.15 Thales Group

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist

• 13.3 Currency conversion rates for US$

• 13.4 Research methodology

• 13.5 List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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