Remote Sensing Satellite Market Scope and Size by 2031
Remote sensing refers to the acquisition of data on phenomena or physical objects through the process of recording, measuring and interpreting digital images from remote locations. Remote sensing satellites are the type of satellite which are equipped with highly efficient sensors that measure thermal infrared radiation emitted from the earth. Remote sensing satellites have several applications in land-use mapping, agriculture, land mapping, forestry, urban planning, archeological investigations, military observation and deforestation, vegetation dynamics, water quality dynamics, urban growth, etc. The evolution of remote sensing technology has seen from aerial photography to multi-spectral satellite imagery. Radiation interaction characteristics of earth and atmosphere in a number of spectrum regions help to distinguish and characterize earth and atmospheric characteristics. More advancement in remote sensing satellite is expected to drive the market during forecast period.
MARKET DYNAMICS
The growing investment in communication satellite specially in developed countries and escalation in the use of remote sensing satellites in military for observation and communication purpose is driving the growth of the remote sensing satellite market. However, cost associated with satellite launch and complexities attached to its integration with several platforms may restrain the growth of the remote sensing satellite market. Further, more technological advancement in remote sensing satellites such next generation satellites is anticipated to create market opportunities for the remote sensing satellite market during the forecast period.
MARKET SCOPE
The "Global Remote Sensing Satellite Market Analysis to 2031" is a specialized and in-depth study of the remote sensing satellite market with a special focus on the global market trend analysis. The report aims to provide an overview of remote sensing satellite market with detailed market segmentation by system, application, and geography. The global remote sensing satellite market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading remote sensing satellite market players and offers key trends and opportunities in the remote sensing satellite market.
MARKET SEGMENTATION
The global remote sensing satellite market is segmented on the basis of system and application. On the basis of system, the market is segmented as SATCOM, radar, EO/IR, and others. Further based on application, market is segmented as earth observation, telecommunication, mapping and navigation, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global remote sensing satellite market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The remote sensing satellite market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting remote sensing satellite market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the remote sensing satellite market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global remote sensing satellite market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The remote sensing satellite market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting remote sensing satellite market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the remote sensing satellite market in these regions.
MARKET PLAYERS
The reports cover key developments in the remote sensing satellite market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from remote sensing satellite market are anticipated to lucrative growth opportunities in the future with the rising demand for remote sensing satellite. Below mentioned is the list of few companies engaged in the remote sensing satellite market.
The report also includes the profiles of key remote sensing satellite market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- AABSyS IT Pvt. Ltd
- Airbus S.A.S.
- BALL CORPORATION
- Lockheed Martin Corporation
- Northrop Grumman
- Pixxel Space
- Planet Labs Inc.
- Satellite Imaging Corporation
- Thales Group
- The Boeing Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Remote Sensing Satellite Market - By System
1.3.2 Remote Sensing Satellite Market - By Application
1.3.3 Remote Sensing Satellite Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. REMOTE SENSING SATELLITE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. REMOTE SENSING SATELLITE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. REMOTE SENSING SATELLITE MARKET - GLOBAL MARKET ANALYSIS
6.1. REMOTE SENSING SATELLITE - GLOBAL MARKET OVERVIEW
6.2. REMOTE SENSING SATELLITE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. REMOTE SENSING SATELLITE MARKET - REVENUE AND FORECASTS TO 2028 - SYSTEM
7.1. OVERVIEW
7.2. SYSTEM MARKET FORECASTS AND ANALYSIS
7.3. SATCOM
7.3.1. Overview
7.3.2. SATCOM Market Forecast and Analysis
7.4. RADAR
7.4.1. Overview
7.4.2. Radar Market Forecast and Analysis
7.5. EO/IR
7.5.1. Overview
7.5.2. EO/IR Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. REMOTE SENSING SATELLITE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. EARTH OBSERVATION
8.3.1. Overview
8.3.2. Earth Observation Market Forecast and Analysis
8.4. TELECOMMUNICATION
8.4.1. Overview
8.4.2. Telecommunication Market Forecast and Analysis
8.5. MAPPING AND NAVIGATION
8.5.1. Overview
8.5.2. Mapping and Navigation Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. REMOTE SENSING SATELLITE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Remote Sensing Satellite Market Overview
9.1.2 North America Remote Sensing Satellite Market Forecasts and Analysis
9.1.3 North America Remote Sensing Satellite Market Forecasts and Analysis - By System
9.1.4 North America Remote Sensing Satellite Market Forecasts and Analysis - By Application
9.1.5 North America Remote Sensing Satellite Market Forecasts and Analysis - By Countries
9.1.5.1 United States Remote Sensing Satellite Market
9.1.5.1.1 United States Remote Sensing Satellite Market by System
9.1.5.1.2 United States Remote Sensing Satellite Market by Application
9.1.5.2 Canada Remote Sensing Satellite Market
9.1.5.2.1 Canada Remote Sensing Satellite Market by System
9.1.5.2.2 Canada Remote Sensing Satellite Market by Application
9.1.5.3 Mexico Remote Sensing Satellite Market
9.1.5.3.1 Mexico Remote Sensing Satellite Market by System
9.1.5.3.2 Mexico Remote Sensing Satellite Market by Application
9.2. EUROPE
9.2.1 Europe Remote Sensing Satellite Market Overview
9.2.2 Europe Remote Sensing Satellite Market Forecasts and Analysis
9.2.3 Europe Remote Sensing Satellite Market Forecasts and Analysis - By System
9.2.4 Europe Remote Sensing Satellite Market Forecasts and Analysis - By Application
9.2.5 Europe Remote Sensing Satellite Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Remote Sensing Satellite Market
9.2.5.1.1 Germany Remote Sensing Satellite Market by System
9.2.5.1.2 Germany Remote Sensing Satellite Market by Application
9.2.5.2 France Remote Sensing Satellite Market
9.2.5.2.1 France Remote Sensing Satellite Market by System
9.2.5.2.2 France Remote Sensing Satellite Market by Application
9.2.5.3 Italy Remote Sensing Satellite Market
9.2.5.3.1 Italy Remote Sensing Satellite Market by System
9.2.5.3.2 Italy Remote Sensing Satellite Market by Application
9.2.5.4 United Kingdom Remote Sensing Satellite Market
9.2.5.4.1 United Kingdom Remote Sensing Satellite Market by System
9.2.5.4.2 United Kingdom Remote Sensing Satellite Market by Application
9.2.5.5 Russia Remote Sensing Satellite Market
9.2.5.5.1 Russia Remote Sensing Satellite Market by System
9.2.5.5.2 Russia Remote Sensing Satellite Market by Application
9.2.5.6 Rest of Europe Remote Sensing Satellite Market
9.2.5.6.1 Rest of Europe Remote Sensing Satellite Market by System
9.2.5.6.2 Rest of Europe Remote Sensing Satellite Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Remote Sensing Satellite Market Overview
9.3.2 Asia-Pacific Remote Sensing Satellite Market Forecasts and Analysis
9.3.3 Asia-Pacific Remote Sensing Satellite Market Forecasts and Analysis - By System
9.3.4 Asia-Pacific Remote Sensing Satellite Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Remote Sensing Satellite Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Remote Sensing Satellite Market
9.3.5.1.1 Australia Remote Sensing Satellite Market by System
9.3.5.1.2 Australia Remote Sensing Satellite Market by Application
9.3.5.2 China Remote Sensing Satellite Market
9.3.5.2.1 China Remote Sensing Satellite Market by System
9.3.5.2.2 China Remote Sensing Satellite Market by Application
9.3.5.3 India Remote Sensing Satellite Market
9.3.5.3.1 India Remote Sensing Satellite Market by System
9.3.5.3.2 India Remote Sensing Satellite Market by Application
9.3.5.4 Japan Remote Sensing Satellite Market
9.3.5.4.1 Japan Remote Sensing Satellite Market by System
9.3.5.4.2 Japan Remote Sensing Satellite Market by Application
9.3.5.5 South Korea Remote Sensing Satellite Market
9.3.5.5.1 South Korea Remote Sensing Satellite Market by System
9.3.5.5.2 South Korea Remote Sensing Satellite Market by Application
9.3.5.6 Rest of Asia-Pacific Remote Sensing Satellite Market
9.3.5.6.1 Rest of Asia-Pacific Remote Sensing Satellite Market by System
9.3.5.6.2 Rest of Asia-Pacific Remote Sensing Satellite Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Remote Sensing Satellite Market Overview
9.4.2 Middle East and Africa Remote Sensing Satellite Market Forecasts and Analysis
9.4.3 Middle East and Africa Remote Sensing Satellite Market Forecasts and Analysis - By System
9.4.4 Middle East and Africa Remote Sensing Satellite Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Remote Sensing Satellite Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Remote Sensing Satellite Market
9.4.5.1.1 South Africa Remote Sensing Satellite Market by System
9.4.5.1.2 South Africa Remote Sensing Satellite Market by Application
9.4.5.2 Saudi Arabia Remote Sensing Satellite Market
9.4.5.2.1 Saudi Arabia Remote Sensing Satellite Market by System
9.4.5.2.2 Saudi Arabia Remote Sensing Satellite Market by Application
9.4.5.3 U.A.E Remote Sensing Satellite Market
9.4.5.3.1 U.A.E Remote Sensing Satellite Market by System
9.4.5.3.2 U.A.E Remote Sensing Satellite Market by Application
9.4.5.4 Rest of Middle East and Africa Remote Sensing Satellite Market
9.4.5.4.1 Rest of Middle East and Africa Remote Sensing Satellite Market by System
9.4.5.4.2 Rest of Middle East and Africa Remote Sensing Satellite Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Remote Sensing Satellite Market Overview
9.5.2 South and Central America Remote Sensing Satellite Market Forecasts and Analysis
9.5.3 South and Central America Remote Sensing Satellite Market Forecasts and Analysis - By System
9.5.4 South and Central America Remote Sensing Satellite Market Forecasts and Analysis - By Application
9.5.5 South and Central America Remote Sensing Satellite Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Remote Sensing Satellite Market
9.5.5.1.1 Brazil Remote Sensing Satellite Market by System
9.5.5.1.2 Brazil Remote Sensing Satellite Market by Application
9.5.5.2 Rest of South and Central America Remote Sensing Satellite Market
9.5.5.2.1 Rest of South and Central America Remote Sensing Satellite Market by System
9.5.5.2.2 Rest of South and Central America Remote Sensing Satellite Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. REMOTE SENSING SATELLITE MARKET, KEY COMPANY PROFILES
11.1. AABSYS IT PVT. LTD
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AIRBUS S.A.S.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BALL CORPORATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. LOCKHEED MARTIN CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. NORTHROP GRUMMAN
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PIXXEL SPACE
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. PLANET LABS INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SATELLITE IMAGING CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. THALES GROUP
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THE BOEING COMPANY
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. AABSyS IT Pvt. Ltd
2. Airbus S.A.S.
3. BALL CORPORATION
4. Lockheed Martin Corporation
5. Northrop Grumman
6. Pixxel Space
7. Planet Labs Inc.
8. Satellite Imaging Corporation
9. Thales Group
10. The Boeing Company
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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