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Global Remote Sensing Satellite Market Opportunities and Forecast 2020-2027

  • DLR530
  • 26 February, 2022
  • Service & Software
  • Pages: 120
  • Global
Global Remote Sensing Satellite Market, By System (SATCOM, Radar, EO/IR, Others), By Application (Earth Observation, Telecommunication, Meteorology, Mapping And Navigation, Others), By End User (Defense, Commercial), and opportunities and forecast 2020-2027

Remote Sensing Satellite Market Overview

The remote Sensing Satellite Market is anticipated to grow at a Substantial CAGR During the Forecast Period. The successful use of image data generated with the help of satellites in a variety of fields such as business and manufacturing units, mining industry, disaster mitigation planning followed by recovery procedures, forecasting the weather, protecting the environment, and various production units, among others, is causing a major shift in market demand. Market experts expect a good investment return for global market operations throughout the projection period due to the numerous uses.
 
The expansion of the cloud computing market across a wide range of areas and services, combined with increased marginal usage, is expected to propel the global remote sensing satellite market to new heights over the forecast period. In addition, the growing demand for remote sensing data in significant economic domains such as defence and the military is boosting the development of cloud technologies. In addition, the increased usage of data created is generating a lot of interest in business applications.
 
The lack of awareness and interpretation ability and facility of the generated data to be used across multiple industry vertices is one of the primary restrictions that provide functional hurdles for the expansion of the remote sensing satellite market size.

Report Metric Details
Market size available for years 2019–2027
Base year considered 2019
Forecast period 2020–2027
Forecast unit Value (USD Million)
Segments covered System, Application, End User, and Region.
Regions covered North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Companies covered Airbus S.A.S., Ball Corporation, Lockheed Martin Corporation, Space Exploration Technologies Corporation, The Boeing Company, China Aerospace Science And Technology Corporation, Mitsubishi Electric Corporation, Orbital ATK Inc., Planet Labs Inc., Thales Group.


Covid-19 Impact on Remote Sensing Satellite Market
 
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.

Remote Sensing Satellite Market Segment Overview



According to System, SATCOM is one of the largest segments in the global Remote Sensing Satellite Market. SATCOM which stands for "satellite communication" was an artificial geostationary satellite that facilitated wide-area telecommunications by receiving radio signals from Earth, amplifying them, and relaying them back down to terrestrial receivers. SATCOM Services offers a wide range of new satellite and wireless communications products worldwide. 
 
Remote Sensing Satellite Market, By System
·       SATCOM
·       Radar
·       EO/IR
·       Others
 
Remote Sensing Satellite Market, By Application
·       Earth Observation
·       Telecommunication
·       Meteorology
·       Mapping And Navigation
·       Others
 
Remote Sensing Satellite Market, By End User
·       Defense
·       Commercial

Remote Sensing Satellite Regional Overview

Region-Wise, North America commanded a major share of the Remote Sensing Satellite market and is predictable to maintain its supremacy over the forecast period. The main focus of the region's major market players in the large-scale development of remote sensing services and making them available to a variety of customers, including agriculture, scientific research, power, oil, gas, and energy, as well as the forest industry. Furthermore, the market in the Asia Pacific is expected to rise at a significant rate in the forecast period. This is because of the increasing economy of the developing countries and growing government investment for various sectors in this region.

Remote Sensing Satellite Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Remote Sensing Satellite Market, Key Players

·       Airbus S.A.S.
·       Ball Corporation
·       Lockheed Martin Corporation
·       Space Exploration Technologies Corporation
·       The Boeing Company
·       China Aerospace Science And Technology Corporation
·       Mitsubishi Electric Corporation
·       Orbital ATK Inc.
·       Planet Labs Inc.
·       Thales Group

Frequently Asked Questions (FAQ) :

Q1. What are the driving factors for the Remote Sensing Satellite market?

A. The expansion of the cloud computing market across a wide range of areas and services, combined with increased marginal usage, is expected to propel the global remote sensing satellite market to new heights over the forecast period

Q2. What are the restraining factors for the Remote Sensing Satellite market?

A. The lack of awareness and interpretation ability and facility of the generated data to be used across multiple industry vertices is one of the primary restrictions that provide functional hurdles for the expansion of the remote sensing satellite market size

Q3. Which segment is projected to hold the largest share in the Remote Sensing Satellite Market?

A. The SATCOM segment is projected to hold the largest share in the Remote Sensing Satellite Market.

Q4. Which region holds the largest share in the Remote Sensing Satellite market?

A. North America held the largest share in the global Remote Sensing Satellite market

Q5. Which are the prominent players in the Remote Sensing Satellite Market?

A. Airbus S.A.S., Ball Corporation, Lockheed Martin Corporation, Space Exploration Technologies Corporation, The Boeing Company, China Aerospace Science And Technology Corporation, Mitsubishi Electric Corporation, Orbital ATK Inc., Planet Labs Inc., Thales Group. are some key players in the Remote Sensing Satellite Market
Remote Sensing Satellite Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Remote Sensing Satellite Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By System
        • 5.2.1. SATCOM
        • 5.2.2. Radar
        • 5.2.3. EO/IR
        • 5.2.4. Others
      • 5.3. Market Analysis, Insights and Forecast – By Application
        • 5.3.1. Earth Observation
        • 5.3.2. Telecommunication
        • 5.3.3. Meteorology
        • 5.3.4. Mapping And Navigation
        • 5.3.5. Others
      • 5.4. Market Analysis, Insights and Forecast – By End User
        • 5.4.1. Defense
        • 5.4.2. Commercial
      • 5.5. Market Analysis, Insights and Forecast – By Region
        • 5.5.1. North America
        • 5.5.2. Europe
        • 5.5.3. Asia Pacific
        • 5.5.4. Latin America, Middle East and Africa

      6. North America Remote Sensing Satellite Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By System
        • 6.2.1. SATCOM
        • 6.2.2. Radar
        • 6.2.3. EO/IR
        • 6.2.4. Others
      • 6.3. Market Analysis, Insights and Forecast – By Application
        • 6.3.1. Earth Observation
        • 6.3.2. Telecommunication
        • 6.3.3. Meteorology
        • 6.3.4. Mapping And Navigation
        • 6.3.5. Others
      • 6.4. Market Analysis, Insights and Forecast – By End User
        • 6.4.1. Defense
        • 6.4.2. Commercial
      • 6.5. Market Analysis, Insights and Forecast – By Country
        • 6.5.1. U.S.
        • 6.5.2. Canada

      7. Europe Remote Sensing Satellite Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By System
        • 7.2.1. SATCOM
        • 7.2.2. Radar
        • 7.2.3. EO/IR
        • 7.2.4. Others
      • 7.3. Market Analysis, Insights and Forecast – By Application
        • 7.3.1. Earth Observation
        • 7.3.2. Telecommunication
        • 7.3.3. Meteorology
        • 7.3.4. Mapping And Navigation
        • 7.3.5. Others
      • 7.4. Market Analysis, Insights and Forecast – By End User
        • 7.4.1. Defense
        • 7.4.2. Commercial
      • 7.5. Market Analysis, Insights and Forecast – By Country
        • 7.5.1. UK
        • 7.5.2. Germany
        • 7.5.3. France
        • 7.5.4. Italy
        • 7.5.5. Spain
        • 7.5.6. Russia
        • 7.5.7. Rest of Europe

      8. Asia Pacific Remote Sensing Satellite Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By System
        • 8.2.1. SATCOM
        • 8.2.2. Radar
        • 8.2.3. EO/IR
        • 8.2.4. Others
      • 8.3. Market Analysis, Insights and Forecast – By Application
        • 8.3.1. Earth Observation
        • 8.3.2. Telecommunication
        • 8.3.3. Meteorology
        • 8.3.4. Mapping And Navigation
        • 8.3.5. Others
      • 8.4. Market Analysis, Insights and Forecast – By End User
        • 8.4.1. Defense
        • 8.4.2. Commercial
      • 8.5. Market Analysis, Insights and Forecast – By Country
        • 8.5.1. China
        • 8.5.2. India
        • 8.5.3. Japan
        • 8.5.4. Australia
        • 8.5.5. South East Asia
        • 8.5.6. Rest of Asia Pacific

      9. Latin America, Middle East and Africa Remote Sensing Satellite Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By System
        • 9.2.1. SATCOM
        • 9.2.2. Radar
        • 9.2.3. EO/IR
        • 9.2.4. Others
      • 9.3. Market Analysis, Insights and Forecast – By Application
        • 9.3.1. Earth Observation
        • 9.3.2. Telecommunication
        • 9.3.3. Meteorology
        • 9.3.4. Mapping And Navigation
        • 9.3.5. Others
      • 9.4. Market Analysis, Insights and Forecast – By End User
        • 9.4.1. Defense
        • 9.4.2. Commercial
      • 9.5. Market Analysis, Insights and Forecast – By Country
        • 9.5.1. Brazil
        • 9.5.2. Saudi Arabia
        • 9.5.3. UAE
        • 9.5.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. Airbus S.A.S.
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. Ball Corporation
      • 10.6. Lockheed Martin Corporation
      • 10.7. Space Exploration Technologies Corporation
      • 10.8. The Boeing Company
      • 10.9. China Aerospace Science And Technology Corporation
      • 10.10. Mitsubishi Electric Corporation
      • 10.11. Orbital ATK Inc.
      • 10.12. Planet Labs Inc.
      List of Figures

      Figure 1: Global Satellite Remote Sensing Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
      Figure 2: Global Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 3: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 4: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 5: Global Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 6: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 7: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 8: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 9: Global Satellite Remote Sensing Market Forecast (USD Billion), by Others, 2016-2027
      Figure 10: Global Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 11: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 12: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 13: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 14: Global Market Forecast (USD Billion), by Others, 2016-2027
      Figure 15: Global Market Value (USD Billion), by Region, 2019 & 2027
      Figure 16: North America Satellite Remote Sensing Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 17: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 18: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 19: North America Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 20: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 21: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 22: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 23: North America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 24: North America Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 25: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 26: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 27: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 28: North America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 29: North America Market Forecast (USD Billion), by U.S., 2016-2027
      Figure 30: North America Market Forecast (USD Billion), by Canada, 2016-2027
      Figure 31: Latin America Satellite Remote Sensing Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 32: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 33: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 34: Latin America Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 35: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 36: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 37: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 38: Latin America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 39: Latin America Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 40: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 41: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 42: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 43: Latin America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 44: Latin America Market Forecast (USD Billion), by Brazil, 2016-2027
      Figure 45: Latin America Market Forecast (USD Billion), by Mexico, 2016-2027
      Figure 46: Latin America Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
      Figure 47: Europe Satellite Remote Sensing Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 48: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 49: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 50: Europe Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 51: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 52: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 53: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 54: Europe Market Forecast (USD Billion), by Others, 2016-2027
      Figure 55: Europe Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 56: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 57: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 58: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 59: Europe Market Forecast (USD Billion), by Others, 2016-2027
      Figure 60: Europe Market Forecast (USD Billion), by U.K., 2016-2027
      Figure 61: Europe Market Forecast (USD Billion), by Germany, 2016-2027
      Figure 62: Europe Market Forecast (USD Billion), by France, 2016-2027
      Figure 63: Europe Market Forecast (USD Billion), by Italy, 2016-2027
      Figure 64: Europe Market Forecast (USD Billion), by Spain, 2016-2027
      Figure 65: Europe Market Forecast (USD Billion), by Russia, 2016-2027
      Figure 66: Europe Market Forecast (USD Billion), by Rest of Europe, 2016-2027
      Figure 67: Asia Pacific Satellite Remote Sensing Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 68: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 69: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 70: Asia Pacific Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 71: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 72: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 73: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 74: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
      Figure 75: Asia Pacific Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 76: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 77: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 78: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 79: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
      Figure 80: Asia Pacific Market Forecast (USD Billion), by China, 2016-2027
      Figure 81: Asia Pacific Market Forecast (USD Billion), by India, 2016-2027
      Figure 82: Asia Pacific Market Forecast (USD Billion), by Japan, 2016-2027
      Figure 83: Asia Pacific Market Forecast (USD Billion), by Australia, 2016-2027
      Figure 84: Asia Pacific Market Forecast (USD Billion), by Southeast Asia, 2016-2027
      Figure 85: Asia Pacific Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
      Figure 86: Middle East & Africa Satellite Remote Sensing Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 87: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 88: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 89: Middle East & Africa Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 90: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 91: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 92: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 93: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
      Figure 94: Middle East & Africa Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 95: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 96: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 97: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 98: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
      Figure 99: Middle East & Africa Market Forecast (USD Billion), by GCC, 2016-2027
      Figure 100: Middle East & Africa Market Forecast (USD Billion), by South Africa, 2016-2027
      Figure 101: Middle East & Africa Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
      List of Tables
      Table 1: Global Satellite Remote Sensing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 2: Global Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 3: Global Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 4: Global Market Revenue (USD Billion) Forecast, by Region, 2016-2027
      Table 5: North America Satellite Remote Sensing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 6: North America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 7: North America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 8: North America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 9: Europe Satellite Remote Sensing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 10: Europe Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 11: Europe Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 12: Europe Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 13: Latin America Satellite Remote Sensing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 14: Latin America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 15: Latin America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 16: Latin America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 17: Asia Pacific Satellite Remote Sensing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 18: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 19: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 20: Asia Pacific Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 21: Middle East & Africa Satellite Remote Sensing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 22: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 23: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 24: Middle East & Africa Market Revenue (USD Billion) Forecast, by Country, 2016-2027

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