Market Research Reports World Commercial Satellite Imaging Market | Page 2

Description :
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 .
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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 ).
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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 .
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