세계의 중궤도(MEO) 리모트 센싱, 이미지, 데이터 서비스 시장 : 성장 기회, 성장 촉진요인, 산업 동향 분석 및 예측(2024-2032년)

The Global Medium Earth Orbit (MEO) Remote Sensing, Imagery and Data Services Market reached a valuation of USD 41.9 million in 2023, with expectations to grow at a CAGR of 14.8% from 2024 to 2032. This expansion is primarily driven by the increasing push for universal internet access, spearheaded by both governmental bodies and private organizations. MEO satellites are particularly effective for bridging the digital divide in remote areas with limited or no terrestrial infrastructure. Positioned between 2,000 and 36,000 kilometers above the Earth, these satellites offer an excellent solution for remote sensing and imaging services. They provide high transmission rates and low latency and require fewer satellites to achieve global coverage.

Though they have slightly more latency than low earth orbit (LEO) satellites, their benefits significantly enhance data delivery for applications in environmental monitoring and agriculture. However, the market is not without its challenges, facing hurdles such as high deployment costs, regulatory complexities, and data management issues. On the upside, there are considerable opportunities stemming from the growing demand for high-resolution imagery, advancements in satellite technology, and the incorporation of artificial intelligence and machine learning in data analysis. Furthermore, collaborative initiatives between government and private sectors are expected to drive innovation and broaden service offerings.

As various industries seek actionable insights for environmental monitoring and urban planning, the growth potential in this market remains strong, encouraging the development of new applications and business models. In terms of service type, the market is categorized into imagery and data analytics. The imagery segment dominated the market in 2023, accounting for over 56% of the total share. This segment is experiencing significant growth due to advancements in satellite technology and a rising need for high-resolution data.

High-resolution optical and synthetic aperture radar (SAR) imagery are vital for numerous applications, including urban planning, agricultural monitoring, and disaster response. MEO satellites excel in capturing detailed images, providing a balance between resolution and coverage essential for various industries needing timely and precise information. The MEO remote sensing, imagery, and data services market is also segmented by industry verticals such as agriculture, forestry, mining, engineering, energy, environmental monitoring, transportation, and aerospace. In 2023, the agriculture, forestry, and fishing segment emerged as the fastest-growing area, registering a CAGR of over 15.1%.

In North America, the market maintained the largest share, accounting for over 42% in 2023. This region's growth is fueled by technological advancements in satellites and increasing demand for high-resolution imagery across multiple sectors, particularly in agriculture and disaster management. With a strong emphasis on sustainability and climate resilience, investment in MEO services is expected to rise, further supporting market growth.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definitions
• 1.2 Base estimates & calculations
• 1.3 Forecast calculations
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2021-2032

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Factor affecting the value chain
  • 3.1.2 Profit margin analysis
  • 3.1.3 Disruptions
  • 3.1.4 Future outlook
  • 3.1.5 Manufacturers
  • 3.1.6 Distributors
• 3.2 Supplier landscape
• 3.3 Profit margin analysis
• 3.4 Key news & initiatives
• 3.5 Regulatory landscape
• 3.6 Impact forces
  • 3.6.1 Growth drivers
    • 3.6.1.1 Growing use of remote sensing in climate monitoring
    • 3.6.1.2 Cutting-edge technological advancements in satellite systems
    • 3.6.1.3 Growing demand for high resolution imagery for commercial end user
    • 3.6.1.4 Increased investment and strategic industry partnerships
    • 3.6.1.5 Rapid expansion of data-driven applications and technologies
  • 3.6.2 Industry pitfalls & challenges
    • 3.6.2.1 High initial investments and operational costs
    • 3.6.2.2 Competition from LEO and GEO satellites
• 3.7 Growth potential analysis
• 3.8 Porter's analysis
• 3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Service Type, 2021-2032 (USD Billion)

• 5.1 Key trends
• 5.2 Image data
  • 5.2.1 Optical satellite imagery
    • 5.2.1.1 Multispectral imagery
    • 5.2.1.2 Hyperspectral imagery
    • 5.2.1.3 Others
  • 5.2.2 Radar satellite imagery
    • 5.2.2.1 Synthetic Aperture Radar (SAR)
    • 5.2.2.2 Interferometric SAR (InSAR)
  • 5.2.3 Thermal infrared imagery
  • 5.2.4 LiDAR satellite imagery
• 5.3 Data analytics services

Chapter 6 Market Estimates & Forecast, By Deployment, 2021-2032 (USD Billion)

• 6.1 Key trends
• 6.2 Public cloud
• 6.3 Private cloud
• 6.4 Hybrid cloud

Chapter 7 Market Estimates & Forecast, By Industry Vertical, 2021-2032 (USD Billion)

• 7.1 Key trends
• 7.2 Agriculture, forestry & fishing
• 7.3 Mining
• 7.4 Engineering & infrastructure
• 7.5 Energy & power
• 7.6 Environment & weather monitoring
• 7.7 Maritime
• 7.8 Transport & logistics
• 7.9 Aerospace & defense
• 7.10 Others

Chapter 8 Market Estimates & Forecast, By End Use, 2021-2032 (USD Billion)

• 8.1 Key trends
• 8.2 Commercial
• 8.3 Government and military
  • 8.3.1 Military & defense
  • 8.3.2 Non-defense organization
• 8.4 Scientific and academic research

Chapter 9 Market Estimates & Forecast, By Region, 2021-2032 (USD Billion)

• 9.1 Key trends
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
• 9.3 Europe
  • 9.3.1 UK
  • 9.3.2 Germany
  • 9.3.3 France
  • 9.3.4 Italy
  • 9.3.5 Spain
  • 9.3.6 Russia
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 India
  • 9.4.3 Japan
  • 9.4.4 South Korea
  • 9.4.5 Australia
• 9.5 Latin America
  • 9.5.1 Brazil
  • 9.5.2 Mexico
• 9.6 MEA
  • 9.6.1 South Africa
  • 9.6.2 Saudi Arabia
  • 9.6.3 UAE

Chapter 10 Company Profiles

• 10.1 Airbus Defence and Space
• 10.2 BAE Systems
• 10.3 China Aerospace Science and Technology Corporation (CASC)
• 10.4 Exolaunch GmbH
• 10.5 GomSpace
• 10.6 Lockheed Martin Corporation
• 10.7 Maxar Technologies
• 10.8 Millennium Space Systems, Inc.
• 10.9 Mitsubishi Electric Corporation
• 10.10 Northrop Grumman Corporation
• 10.11 OHB SE
• 10.12 OneWeb
• 10.13 Sierra Nevada Corporation
• 10.14 SpaceX
• 10.15 Thales Alenia Space