Commercial satellite imaging market size to grow by USD 1,722.63 million; Driven by advances in satellite imaging technologies - Technavio

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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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global commercial satellite imaging market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global commercial satellite imaging market 2017 - 2021 ($ million)

• 4.2 End user Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – End user Segment 2017 - 2021 ($ million)

• 4.3 Technology Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Technology Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Government - Market size and forecast 2022-2027
• Exhibit 34: Chart on Government - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Government - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Government - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Government - Year-over-year growth 2022-2027 (%)

• 6.4 Military and defense - Market size and forecast 2022-2027
• Exhibit 38: Chart on Military and defense - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Military and defense - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Military and defense - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Military and defense - Year-over-year growth 2022-2027 (%)

• 6.5 Transportation - Market size and forecast 2022-2027
• Exhibit 42: Chart on Transportation - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Transportation - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Transportation - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Transportation - Year-over-year growth 2022-2027 (%)

• 6.6 Agriculture - Market size and forecast 2022-2027
• Exhibit 46: Chart on Agriculture - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Agriculture - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Agriculture - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Agriculture - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by End-user 
• Exhibit 54: Market opportunity by End-user ($ million)

7 Market Segmentation by Technology

• 7.1 Market segments 
• Exhibit 55: Chart on Technology - Market share 2022-2027 (%)
• Exhibit 56: Data Table on Technology - Market share 2022-2027 (%)

• 7.2 Comparison by Technology 
• Exhibit 57: Chart on Comparison by Technology
• Exhibit 58: Data Table on Comparison by Technology

• 7.3 Optical - Market size and forecast 2022-2027
• Exhibit 59: Chart on Optical - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Optical - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Optical - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Optical - Year-over-year growth 2022-2027 (%)

• 7.4 Radar - Market size and forecast 2022-2027
• Exhibit 63: Chart on Radar - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Radar - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Radar - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Radar - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Technology 
• Exhibit 67: Market opportunity by Technology ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027
• Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Russia - Market size and forecast 2022-2027
• Exhibit 101: Chart on Russia - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Russia - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Russia - Year-over-year growth 2022-2027 (%)

• 9.11 France - Market size and forecast 2022-2027
• Exhibit 105: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027
• Exhibit 109: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 Airbus SE 
• Exhibit 120: Airbus SE - Overview
• Exhibit 121: Airbus SE - Business segments
• Exhibit 122: Airbus SE - Key news
• Exhibit 123: Airbus SE - Key offerings
• Exhibit 124: Airbus SE - Segment focus

• 12.4 BlackSky Global LLC 
• Exhibit 125: BlackSky Global LLC - Overview
• Exhibit 126: BlackSky Global LLC - Product / Service
• Exhibit 127: BlackSky Global LLC - Key offerings

• 12.5 European Space Imaging GmbH 
• Exhibit 128: European Space Imaging GmbH - Overview
• Exhibit 129: European Space Imaging GmbH - Product / Service
• Exhibit 130: European Space Imaging GmbH - Key offerings

• 12.6 ICEYE Oy 
• Exhibit 131: ICEYE Oy - Overview
• Exhibit 132: ICEYE Oy - Product / Service
• Exhibit 133: ICEYE Oy - Key offerings

• 12.7 Imagesat International I.S.I Ltd. 
• Exhibit 134: Imagesat International I.S.I Ltd. - Overview
• Exhibit 135: Imagesat International I.S.I Ltd. - Product / Service
• Exhibit 136: Imagesat International I.S.I Ltd. - Key offerings

• 12.8 L3Harris Technologies Inc. 
• Exhibit 137: L3Harris Technologies Inc. - Overview
• Exhibit 138: L3Harris Technologies Inc. - Business segments
• Exhibit 139: L3Harris Technologies Inc. - Key news
• Exhibit 140: L3Harris Technologies Inc. - Key offerings
• Exhibit 141: L3Harris Technologies Inc. - Segment focus

• 12.9 MapTiler AG 
• Exhibit 142: MapTiler AG - Overview
• Exhibit 143: MapTiler AG - Product / Service
• Exhibit 144: MapTiler AG - Key offerings

• 12.10 Maxar Technologies Inc. 
• Exhibit 145: Maxar Technologies Inc. - Overview
• Exhibit 146: Maxar Technologies Inc. - Business segments
• Exhibit 147: Maxar Technologies Inc. - Key offerings
• Exhibit 148: Maxar Technologies Inc. - Segment focus

• 12.11 Planet Labs PBC 
• Exhibit 149: Planet Labs PBC - Overview
• Exhibit 150: Planet Labs PBC - Product / Service
• Exhibit 151: Planet Labs PBC - Key offerings

• 12.12 Satellogic SA 
• Exhibit 152: Satellogic SA - Overview
• Exhibit 153: Satellogic SA - Product / Service
• Exhibit 154: Satellogic SA - Key offerings

• 12.13 SkyWatch Space Applications Inc. 
• Exhibit 155: SkyWatch Space Applications Inc. - Overview
• Exhibit 156: SkyWatch Space Applications Inc. - Product / Service
• Exhibit 157: SkyWatch Space Applications Inc. - Key offerings

• 12.14 SpaceKnow Inc. 
• Exhibit 158: SpaceKnow Inc. - Overview
• Exhibit 159: SpaceKnow Inc. - Product / Service
• Exhibit 160: SpaceKnow Inc. - Key offerings

• 12.15 Thales Group 
• Exhibit 161: Thales Group - Overview
• Exhibit 162: Thales Group - Business segments
• Exhibit 163: Thales Group - Key offerings
• Exhibit 164: Thales Group - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 165: Inclusions checklist
• Exhibit 166: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 167: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 168: Research methodology
• Exhibit 169: Validation techniques employed for market sizing
• Exhibit 170: Information sources

• 13.5 List of abbreviations 
• Exhibit 171: List of abbreviations

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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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