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Satellite Imaging Market Share

Report ID: GMI8303
Published Date: Feb 2024
Report Format: PDF

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Satellite Imaging Market Share

Airbus SE and Maxar Technologies Inc. hold a significant market share of around 20% in the satellite imaging industry. Airbus invests heavily in research and development to innovate satellite imaging technologies. This includes enhancing the resolution, accuracy, and capabilities of their satellite systems, staying competitive in the rapidly evolving market.

Maxar Technologies Inc. focuses on integrating earth observation capabilities with advanced analytics. This involves leveraging satellite imagery data for insights and analytics, catering to a wide range of industries such as agriculture, urban planning, and environmental monitoring.

Satellite Imaging Market Companies

Major players operating in the satellite imaging industry are:

Airbus SE
BlackSky Technologies Inc.
Capella Space
Deimos Imaging
European Space Imaging (EUSI) GmbH
ImageSat International NV
L3Harris Corporation Inc.
Maxar Technologies Inc.
Planet Labs Inc.
Satellogic
Telespazio

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for satellite imaging reached USD 4.2 billion in revenue in 2023 and is estimated to expand at over 11% CAGR between 2024 and 2032 as governments and disaster response agencies are increasingly relying on satellite technology for real-time monitoring, assessing damages, and planning efficient relief efforts.

Satellite imaging from the commercial segment accounted for over 35% revenue share in 2023 and is estimated to record substantial growth through 2032 owing to the growing demand across industries such as agriculture, construction, and telecommunications.

North America industry for satellite imaging accounted for 39% revenue share in 2023 and is estimated to expand at a robust growth rate through 2032 owing to the rising demand across diverse sectors, including agriculture, defense, and environmental monitoring across the region.

Some of the top firms engaged in the satellite imaging market are Airbus SE, BlackSky Technologies Inc., Capella Space, Deimos Imaging, European Space Imaging (EUSI) GmbH, ImageSat International NV, L3Harris Corporation Inc., Maxar Technologies Inc., Planet Labs Inc., Satellogic, and Telespazio.