Global Satellite Remote Sensing Industry

NEW YORK, Sept. 8, 2020 /PRNewswire/ -- Amid the COVID-19 crisis, the global market for Satellite Remote Sensing estimated at US$2.4 Billion in the year 2020, is projected to reach a revised size of US$6 Billion by 2027, growing at a CAGR of 14.2% over the period 2020-2027.



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The U.S. Market is Estimated at $696.4 Million, While China is Forecast to Grow at 13.7% CAGR

The Satellite Remote Sensing market in the U.S. is estimated at US$696.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2027 trailing a CAGR of 13.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.6% and 12.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.4% CAGR.We bring years of research experience to this 16th edition of our report. The 107-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

• AABSyS IT Pvt. Ltd
• Antrix Corporation Limited
• DigitalGlobe, Inc.
• ImageSat International N.V.
• Lockheed Martin Corporation
• Mitsubishi Electric Corporation
• Planet Labs, Inc.
• Satellite Imaging Corporation (SIC)
• Space Exploration Technologies
• Thales Alenia Space
• UrtheCast
• Ball Corporation

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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
A Prelude
Recent Market Activity
Emergence of Small Satellites to Redefine Market Dynamics
Select Conventional Satellites Vs. Micro Satellites:
A Comparative Analysis
Startups Take a Keen Interest in Satellite Constellations
Advanced Satellites to Perform Daily Revisits
Market Outlook
Global Competitor Market Shares
Satellite Remote Sensing Competitor Market Share Scenario
Worldwide (in %): 2018 & 2029
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
Airbus Defence and Space (France)
Ball Aerospace & Technologies Corp. (USA)
Boeing Company (USA)
ImageSat International N.V. (Israel)
Maxar Technologies Ltd. (USA)
Mitsubishi Electric Group (Japan)
Orbital ATK (USA)
Planet Labs, Inc. (USA)
Satellite Imaging Corporation (SIC) (USA)
Thales Group (France)
UrtheCast (Canada)

3. MARKET TRENDS & DRIVERS
Growing Emphasis on Earth Observation Drives Demand for
Satellite Remote Sensing Services
Technology Advancements Fuel Market Growth
Positive Momentum in Satellite Services Sector Lends Platform
for Market Growth

4. GLOBAL MARKET PERSPECTIVE
Table 1: Satellite Remote Sensing Global Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027

Table 2: Satellite Remote Sensing Global Retrospective Market
Scenario in US$ Million by Region/Country: 2012-2019

Table 3: Satellite Remote Sensing Market Share Shift across Key
Geographies Worldwide: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Table 4: United States Satellite Remote Sensing Market
Estimates and Projections in US$ Million: 2020 to 2027

Table 5: Satellite Remote Sensing Market in the United States:
A Historic Review in US$ Million for 2012-2019

CANADA
Table 6: Canadian Satellite Remote Sensing Market Estimates and
Forecasts in US$ Million: 2020 to 2027

Table 7: Canadian Satellite Remote Sensing Historic Market
Review in US$ Million: 2012-2019

JAPAN
Table 8: Japanese Market for Satellite Remote Sensing: Annual
Sales Estimates and Projections in US$ Million for the Period
2020-2027

Table 9: Satellite Remote Sensing Market in Japan: Historic
Sales Analysis in US$ Million for the Period 2012-2019

CHINA
Table 10: Chinese Satellite Remote Sensing Market Growth
Prospects in US$ Million for the Period 2020-2027

Table 11: Satellite Remote Sensing Historic Market Analysis in
China in US$ Million: 2012-2019

EUROPE
Table 12: European Satellite Remote Sensing Market Demand
Scenario in US$ Million by Region/Country: 2020-2027

Table 13: Satellite Remote Sensing Market in Europe: A Historic
Market Perspective in US$ Million by Region/Country for the
Period 2012-2019

Table 14: European Satellite Remote Sensing Market Share Shift
by Region/Country: 2012 VS 2020 VS 2027

FRANCE
Table 15: Satellite Remote Sensing Market in France: Estimates
and Projections in US$ Million for the Period 2020-2027

Table 16: French Satellite Remote Sensing Historic Market
Scenario in US$ Million: 2012-2019

GERMANY
Table 17: Satellite Remote Sensing Market in Germany: Recent
Past, Current and Future Analysis in US$ Million for the Period
2020-2027

Table 18: German Satellite Remote Sensing Historic Market
Analysis in US$ Million: 2012-2019

ITALY
Table 19: Italian Satellite Remote Sensing Market Growth
Prospects in US$ Million for the Period 2020-2027

Table 20: Satellite Remote Sensing Historic Market Analysis in
Italy in US$ Million: 2012-2019

UNITED KINGDOM
Table 21: United Kingdom Market for Satellite Remote Sensing:
Annual Sales Estimates and Projections in US$ Million for the
Period 2020-2027

Table 22: Satellite Remote Sensing Market in the United
Kingdom: Historic Sales Analysis in US$ Million for the Period
2012-2019

REST OF EUROPE
Table 23: Rest of Europe Satellite Remote Sensing Market
Estimates and Forecasts in US$ Million: 2020-2027

Table 24: Satellite Remote Sensing Market in Rest of Europe in
US$ Million: A Historic Review for the Period 2012-2019

ASIA-PACIFIC
Table 25: Satellite Remote Sensing Market in Asia-Pacific:
Estimates and Projections in US$ Million for the Period
2020-2027

Table 26: Asia-Pacific Satellite Remote Sensing Historic Market
Scenario in US$ Million: 2012-2019

REST OF WORLD
Table 27: Rest of World Satellite Remote Sensing Market
Estimates and Forecasts in US$ Million: 2020 to 2027

Table 28: Rest of World Satellite Remote Sensing Historic
Market Review in US$ Million: 2012-2019

IV. COMPETITION
Total Companies Profiled: 45
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