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Commercial Satellite Imaging Market to Grow at 13.9% CAGR till 2019 due to Growing Demand from Oil and Gas Sector

According to a research report on the global commercial satellite imaging market published by Transparency Market Research (TMR), the commercial satellite imaging market is expected to attain market value worth US$ 5,018.6 million by 2019. This market valued nearly US$2,054.5 million in 2012, and is forecast to grow at a CAGR of 13.9% from 2013-2019. TMR analysts state that the market is currently benefitting from growing demand from the fields of oil and gas and natural resource management. Rising demands from commercial applications such as city planning, fleet management, real estate and insurance could also benefit the global satellite imaging market in the long-run, states the report.

Browse the full Commercial Satellite Imaging Market report at http://www.transparencymarketresearch.com/commercial-satellite-imaging-market.html

Commercial satellite imaging is the process of collecting data in the form of images through the use of a revolving satellite around the earth or by an aircraft/drone (manned and unmanned) flying at high altitudes. The major benefit of satellite imagery is that a satellite can be strategically positioned (geo-static positions) anywhere in the orbital space to take remote images of earth. Satellite and aerial imagery is also commonly known as remote sensing. In aerial imagery photographs of earth are taken with the help of mounted or hand held cameras (on an aircraft/drone) by a photographer or through remote triggering.

Satellite imaging involves a wide variety of instruments, cameras and sensors that are installed on satellites orbiting the earth. Satellite imaging technology has immense influence on the decision making process in almost all socioeconomic and business activities. The technology has moved from predominantly defense and government (intelligence) uses to a variety of commercial and environmental analysis applications. The technology has moved from predominantly defense and government (intelligence) uses to a variety of commercial and environmental analysis applications.

Get Sample Report at –

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=577

The report includes segmentation of commercial satellite imaging market by applications, end-use industry and geography. Further, it provides current and forecast market size by revenue for the aforementioned categories. Cross sectional analysis for applications, end-use industry and geography segments is also a part of the scope. Factors influencing and inhibiting growth of the market have been analyzed.

The report classifies commercial satellite imaging market by applications, end-use industry and geography. Commercial satellite imaging offers various applications in energy, geospatial technology, natural resources management, construction and development, disaster response management, defense and intelligence, conservation and research and media and entertainment. The market revenue and forecast for each industry has been provided for the period 2011-2019 in terms of USD million, along with the CAGR for the forecast period: 2013 to 2019.

Browse full Commercial Satellite Imaging Market Forecast Press Release at

http://www.transparencymarketresearch.com/pressrelease/commercial-satellite-imaging-market.htm

The report concludes with the company profile sections which include key information about the major players in the market. Some of the key players profiled in this report include Digital Globe Inc., ImageSat International N.V., RapidEye AG (BlackBridge). This study includes the strategies adopted by these key players to sustain competition. Recent developments by the companies and barriers of the market will help emerging players design their strategies in an effective manner. The study is expected to help key players of the commercial satellite imaging market in formulating and developing their strategies.

The global commercial satellite imaging market is categorized into the following segments:

Commercial Satellite Imaging Market, by Applications

Energy commercial

Geospatial technology

Natural resources management

Construction & development

Disaster response management

Defense & intelligence

Conservation & research

Media & entertainment

Commercial Satellite Imaging Market, by End-use Industry

Government commercial

Commercial enterprises

Civil engineering industry

Military

Forestry & agriculture

Energy sector

Insurance

Commercial Satellite Market, by Geography

North America

Europe

Asia-Pacific

Rest of the World

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