The North America Commercial Satellite Imaging Market (2019-2025) report has been added to ResearchAndMarkets.com's offering.
This market sector is expected to witness market growth of 10 percent CAGR during the forecast period (2019-2025).
Satellite imaging was not available to the general public at the start of this sector. Now, end users can easily access imaging information with the advent of technologies, such as Google Earth, in combination with the spread of Internet and consumer electronics.
Although Google services are not paid for, they account for a large proportion of the advertising revenues generated by the company. Commercial satellite imaging is a key component of location-based services (LBS) and is extremely useful for providing emergency response in life-threatening events and natural disasters.
Satellite imaging involves creating raw image data using a satellite enabled for optical sensing. Aeronautical imagery provides higher image resolution compared to satellite imagery as it is closer to the target. Terrestrial imaging offers the highest image resolution and is cost-effective, but it suffers from geographical constraints.
Satellites also offer comprehensive coverage of the globe in addition to faster delivery of image data, making them the preferred alternative to other imaging solutions. In addition, it is relatively inexpensive to use imaging services once the satellite is launched into space, which is expected to drive market growth over the next few years.
The market research report covers the analysis of key stake holders of the market.
Key companies profiled in the report include:
- Spaceflight Industries, Inc.
- Galileo Group, Inc.
- ImageSat International N.V.
- Maxar Technologies, Inc.
- Planet Labs, Inc.
- UrtheCast Corporation
- Airbus SE
- Saab Group (Vricon, Inc.)
- Trimble, Inc.
- Leonardo SpA
- Thales Group S.A.
- L3Harris Technologies, Inc.