Zion Market Research has published a new report titled “Commercial Satellite Imaging Market For Geospatial Technology, Disaster Response Management, Defense & Intelligence, Construction & Development, Energy, Natural Resources Management, Conservation & Research Application And By End-Users Military, Forest, Government, Commercial Enterprises, Civil Engineering Industry, Agriculture, Energy, And Insurance: Global Industry Perspective, Comprehensive Analysis And Forecast, 2014 – 2020.” According to the report, global demand for commercial satellite imaging Market was valued at USD 2.6 Billion in 2014 and is expected to generate revenue of USD 5.3 billion by end of 2020, growing at a CAGR of 12.00% between 2015 and 2020.
Commercial satellite imaging is the process of collecting data in the form of images through the use of a rotating satellite around the earth. Commercial satellite imaging is generally used in agriculture, energy sector, intelligence, conservation, government, commercial enterprises, construction & development, defense and others application. Imaging satellites are operated by governments and few companies around the globe. Satellite imaging company sell images under license and these images are licensed to governments and businesses like Google Maps. Oceanography, fishing, biodiversity, forestry, geology, cartography, regional planning, education, intelligence, and warfare are other key applications of commercial satellite imaging.
Request For Free Sample Report: http://www.marketresearchstore.com/report/commercial-satellite-imaging-market-z51390#RequestSample
Global satellite imaging market is mainly driven by increasing commercial space economy. Rising demand for high-resolution satellite imagery by the national development organization, services, environmental protection and emergency services is expected to be another key driving factor for commercial satellite imaging market. Stringent government regulations imposed on satellite imaging are expected to hinder market growth in the near future.
Commercial satellite imaging market can be segmented based on application into defense and intelligence, geospatial technology, construction and development, energy, natural resources management and other. Commercial satellite imaging is dominated by defense and intelligence segment in terms of revenue. It accounted for over 30.0% share of the total market in 2014.
Request For Free Price Quotation: http://www.marketresearchstore.com/requestquote?reportid=51390
Military, forest, government, commercial enterprises, agriculture, energy, and other are key application of commercial satellite imaging market. In 2014, the government segment dominated the global commercial satellite imaging market and accounted for more than 32% share of the total market. Increasing number of commercial satellites launched by different agencies such as NASA is expected to drive the government application segment.
Based on regional segmentation, North America dominated the global commercial satellite imaging market and accounted for over 42% share of the total market in 2014. North America is expected to grow at a rapid pace due to increasing government financial support in the region. Europe is also expected to experience significant growth of commercial satellite imaging market in the years to come.
Browse the full report at: http://www.marketresearchstore.com/report/commercial-satellite-imaging-market-z51390
Some of the key players of global commercial satellite imaging market include GeoEye Inc., BlackBridge (RapidEye), Planet Labs, Inc., Space know, Inc., Skybox Imaging, Inc., Trimble Navigation Limited, Digital Globe, Inc., Image Sat International N.V., Astrium Geo, SkyLab Analytics, Telespazio, Google Inc., and Galileo Group.
About Us: Zion Market Research is an obligate company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
3422 SW 15 Street, Suit #8138
Deerfield Beach, Florida 33442
Toll Free: +1-855-465-4651 (USA-CANADA)