Market Share of Commercial Satellite Imaging Industry
The commercial satellite imaging market is highly fragmented, with the presence of major players like DigitalGlobe Inc., Galileo Group Inc., Planet Labs Inc., SpaceKnow Inc., and Skylab Analytics. among others. Players in the market are adopting strategies such as partnerships, mergers, innovations, investments, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In May 2023, European Space Imaging (EUSI) and Airbus announced a strategic partnership to provide the European Maritime Safety Agency (EMSA) with Very High Resolution (VHR) optical satellite imagery. Airbus will be providing imagery collected by Pléiades and Pléiades Neo satellites. SPOT and EUSI will likely be supplying imagery from the current Maxar satellite constellation and other value-added services.
In March 2023, L3Harris Technologies announced it received a USD 765 million contract from NASA to design and build the next-generation, high-resolution imager for NOAA's Geostationary Extended Observations satellite system. The GeoXO Imager will likely provide advanced infrared and visible imagery, more precise observations, and improved water vapor measurements to significantly improve the accuracy and timeliness of weather forecasting in the Western Hemisphere.
Commercial Satellite Imaging Market Leaders
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DigitalGlobe Inc.
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Galileo Group Inc.
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Planet Labs Inc.
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SpaceKnow Inc.
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Skylab Analytics
*Disclaimer: Major Players sorted in no particular order
