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Medium Earth Orbit (MEO) Remote Sensing, Imagery & Data Services Market Share

  • Report ID: GMI11732
  • Published Date: Oct 2024
  • Report Format: PDF
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Medium Earth Orbit (MEO) Remote Sensing, Imagery & Data Services Market Share

Medium Earth Orbit (MEO) Remote Sensing, Imagery & Data Services Market Analysis, 2023
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Exolaunch GmbH and GomSpace are prominent players in the MEO satellite market, specializing in satellite deployment and miniaturized satellite technology, respectively. Exolaunch provides launch services and integration solutions, enabling the deployment of MEO satellites for various applications, including Earth observation and communications.
 

SpaceX and Maxar Technologies are pivotal in advancing MEO satellite capabilities. SpaceX’s Falcon 9 and Starship rockets offer efficient, cost-effective launches for MEO satellites, while Maxar excels in high-resolution Earth imaging, enhancing MEO data services for environmental and defense applications. Millennium Space Systems, Inc. and Mitsubishi Electric Corporation contribute through innovative satellite solutions and advanced components, boosting MEO network functionality.
 

Medium Earth Orbit (MEO) Remote Sensing, Imagery & Data Services Market Companies

Major players operating in the industry are:

  • Airbus Defence and Space
  • BAE Systems
  • China Aerospace Science and Technology Corporation (CASC)
  • Exolaunch GmbH
  • GomSpace
  • Lockheed Martin Corporation
  • Maxar Technologies
  • Millennium Space Systems, Inc.
  • Mitsubishi Electric Corporation
  • Northrop Grumman Corporation
  • OHB SE
  • OneWeb
  • Sierra Nevada Corporation
  • SpaceX
  • Thales Alenia Space
Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The global MEO remote sensing, imagery & data services market was valued at USD 41.9 million in 2023 and is estimated to grow at a CAGR of over 14.8% from 2024 to 2032, driven by the push for universal internet access.

The agriculture, forestry & fishing segment was the fastest-growing segment in 2023 with a CAGR of over 15.1%, as MEO satellites provide high-resolution imagery that enhances decision-making and operational efficiency.

North America market held over 42% share in 2023 and is expected to maintain its dominance throughout the forecast period, driven by advancements in satellite technology and growing demand for high-resolution imagery.

Key industry players include Airbus Defence and Space, BAE Systems, Maxar Technologies, Millennium Space Systems, Inc., Mitsubishi Electric Corporation, Northrop Grumman Corporation, OHB SE, OneWeb, Sierra Nevada Corporation, SpaceX, and Thales Alenia Space.

Medium Earth Orbit (MEO) Remote Sensing, Imagery & Data Services Market Scope

  • Medium Earth Orbit (MEO) Remote Sensing, Imagery & Data Services Market Size
  • Medium Earth Orbit (MEO) Remote Sensing, Imagery & Data Services Market Trends
  • Medium Earth Orbit (MEO) Remote Sensing, Imagery & Data Services Market Analysis
  • Medium Earth Orbit (MEO) Remote Sensing, Imagery & Data Services Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 15
    • Tables & Figures: 345
    • Countries covered: 21
    • Pages: 170
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