The Latin America, Middle East and Africa Commercial Satellite Imaging Market would witness market growth of 16.2% CAGR during the forecast period (2019-2025). Space Imaging Middle East (SIME) is the leading geospatial and GIS solution provider in the entire Middle East. The major breakthrough for SIME was when it used this technology to monitor the regional production of illicit crops. Moreover, in South Africa, commercial satellite imaging is used to monitor crop production. Constant soil inspection, tracking moisture level, soil texture, and nutrients are key applications of satellite imaging in crop monitoring. These factors are estimated to propel the commercial satellite imaging market in the Middle East and Africa.
A crucial challenge to the development of the market studied is the aerial and terrestrial mapping or imaging solutions, which provide a higher resolution than satellites. The failure of satellites to function in extreme weather conditions, like fog, cloud and snow, also limits market growth. Under cloud cover, the aerial imaging can be performed with minor correction after treatment. This ensures the provision of cloud-free data. As a result, the aerial data do not have atmospheric effects due to the low-altitude acquisition, which may affect data quality in satellite images.
Based on Application, the market is segmented into Geospatial Data Acquisition & Mapping, Energy & Natural Resource Management, Defense & Intelligence, Disaster Management, Surveillance & Security, Urban Planning & Development and Others. Based on End User, the market is segmented into Government & Defense, Forestry & Agriculture, Civil Engineering & Archaeology, Energy, Transportation & Logistics and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Spaceflight Industries, Inc., Galileo Group, Inc., ImageSat International N.V., Maxar Technologies, Inc., Planet Labs, Inc., UrtheCast Corporation, Airbus SE, Saab Group (Vricon, Inc.), Trimble, Inc., Leonardo SpA, Thales Group S.A. and L3Harris Technologies, Inc.
Market Segmentation:
By Application
By End User
By Country
Companies Profiled
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