CRI Report: satellite Earth observation data and value-added services market is projected to reach $15,903.0 million by 2032
satellite Earth observation data and value-added services market
The global satellite Earth observation data and value-added services market is projected to reach $15,903.0 million by 2032, reveals the premium market intelligence study by Our Research Team. The study also highlights that the market is set to witness a CAGR of 6.92% during the period 2022-2032.
Earth observation satellites are equipped with different payload which uses different types of EO technology or sensors such as optical, synthetic aperture radar and multi-spectral imaging.
This report will help with the following objectives:
• A dedicated section focusing on the futuristic trends adopted by the key players operating in the global satellite Earth observation market.
• Extensive competitive benchmarking of top 20 players (including OEMs and service providers) offering a holistic view of the global satellite Earth observation landscape.
• Imagery pricing analysis has also been covered in this report.
• Qualitative and quantitative analysis of satellite Earth observation at the region and country-level granularity by application and product segments.
According to Nilopal Ojha, Lead Analyst, Our Research Team, “Technological advancement of multispectral and high-resolution sensors and cameras have enabled capturing high-quality images along with high spectral coverage which is expected to reach new heights. Furthermore, the growing demand for geospatial analytical services across multiple verticals such as agriculture, environmental monitoring, and oil and gas will drive business opportunities for the key players in the Earth observation market. Hence, the market is expected to grow significantly during the forecast period 2022-2032.”
Key Companies Operating in the Market
Players analyzed and profiled in the study involve original equipment manufacturers (OEMs) and service providers that capture the maximum share in the global satellite Earth Observation market. Moreover, a detailed competitive benchmarking of the players operating in the global satellite Earth Observation market has been done that will help the reader to understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements and collaborations, and mergers and acquisitions are expected to aid the reader in understanding the untapped revenue pockets in the market.
Some of the leading players currently in this market include companies such as Airbus S.A.S, BAE Systems, Ball Corporation, BlackSky Technologies, Capella Space, EarthDaily Analytics (UrtheCast), Geospatial Insight, HawkEye 360, ICEYE, Kongsberg Satellite Services (KSAT), L3 Harris Technologies, Maxar Technologies, RS Metrics, Satellogic, Spire Global, among others.
Key Questions Answered in the Report
• What are the futuristic trends in the satellite Earth observation market, and how is the market expected to change over the forecast years 2022-2032?
• What are the key drivers and challenges faced by the companies that are currently working in the global satellite Earth observation market?
• How is the satellite Earth observation market expected to grow during the forecast period 2022-2032?
• What are the opportunities for the companies to expand their businesses in the global satellite Earth observation market?
• Which region is expected to lead the global satellite Earth observation market by 2032?
• What are the key developmental strategies implemented by the key players to sustain in this highly competitive market?
• What is the current and future revenue scenario of the satellite Earth observation market?
• What is the competitive scenario of the key players in the global satellite Earth observation market?
• What are the emerging technologies that the key companies are focusing on to increase their market share?
• What are the strengths and weaknesses of the companies that are influencing the growth of the market?
Buy the report: Satellite Earth Observation Market – A Global and Regional Analysis: Focus on End User, Application, Services, Manufacturing, Technology, Altitude, and Country – Analysis and Forecast, 2022-2032