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Press release content from Business Wire. The AP news staff was not involved in its creation.

The Worldwide Satellite Remote Sensing Industry is Expected to Reach $10 Billion by 2027 -

September 7, 2022 GMT

DUBLIN--(BUSINESS WIRE)--Sep 7, 2022--

The “Satellite Remote Sensing Market Research Report by End User (Commercial and Defense), Application, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19” report has been added to’s offering.

The Global Satellite Remote Sensing Market size was estimated at USD 6,633.22 million in 2021, USD 7,110.01 million in 2022, and is projected to grow at a CAGR 7.36% to reach USD 10,160.16 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.


FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Satellite Remote Sensing Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players


2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Satellite Remote Sensing Market?


2. What are the inhibiting factors and impact of COVID-19 shaping the Global Satellite Remote Sensing Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Satellite Remote Sensing Market?

4. What is the competitive strategic window for opportunities in the Global Satellite Remote Sensing Market?

5. What are the technology trends and regulatory frameworks in the Global Satellite Remote Sensing Market?

6. What is the market share of the leading vendors in the Global Satellite Remote Sensing Market?

7. What modes and strategic moves are considered suitable for entering the Global Satellite Remote Sensing Market?

Market Dynamics


  • Growing Application in Defense and Commercial Sector
  • Increasing Demand in Surveillance Applications
  • Rising Number of Earth Observation Projects


  • High Initial Investments in the Manufacturing of Numerous Components
  • Regulatory Constraints


  • Increasing Requirements for Real-Time Data Insights
  • Rising Adoption in Research and Exploration



  • Interoperability Complexities

Companies Mentioned

  • Airbus Defence and Space
  • Antrix
  • Ball Aerospace & Technologies Corp.
  • Boeing Company
  • China Aerospace Science and Technology Corporation
  • Cyberswift
  • Digitalglobe
  • GEO Sense SDN. BHD.
  • ImageSat International N.V.
  • Lockheed Martin
  • Mallon Technology
  • Maxar Technologies Ltd.
  • MDA Information Systems
  • Mitsubishi Electric Group
  • Orbital ATK
  • Planet Labs, Inc.
  • Remote Sensing Solutions
  • Spectir
  • SSTL
  • Terra Remote Sensing
  • Thales Group
  • The Airborne Sensing Corporation
  • UrtheCast

For more information about this report visit

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SOURCE: Research and Markets

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PUB: 09/07/2022 11:39 AM/DISC: 09/07/2022 11:39 AM