Reports
Sale
Global Satellite-Based Earth Observation Market Size, Share: By Product Type: EO Data, Value-Added Services; By Satellite Orbit: Low Earth Orbit, Medium Earth Orbit, Geostationary Orbit; By End-Use: Defence, Urban Development and Cultural Heritage, Agriculture, Climate Services, Others; Regional Analysis; Competitive Landscape; 2024-2032
Global Satellite-Based Earth Observation Market Outlook
The global satellite-based earth observation market size reached approximately USD 7.21 billion in 2023. The market is further projected to grow at a CAGR of 6.8% between 2024 and 2032, reaching a value of USD 13.12 billion by 2032.
Key Trends in the Market
Satellite-based earth observation allows the identification and observation of environmental changes and urban development, among others with the help of satellites orbiting around the earth. The collected information is used for various applications including terrain and weather mapping, agriculture management and monitoring, and intelligence and reconnaissance missions, among others.
- The rising adoption of smart agriculture due to growing food requirements due to rapid expansion of the population is supporting the satellite-based earth observation market growth. With the help of multispectral satellite imagery, the farmers, agriculturists, and agronomists can detect nutrition deficiencies and diseases in crops along with early signs of stress.
- The market expansion is also supported by the increasing utilisation of satellites for environment monitoring including polar ice changes, deforestation, coral bleaching, and GHG emissions, among others. The recent advancements in imaging and sensing technologies enable the measurement of several indicators and deliver photos with better resolution.
- Growing adoption of commercial satellite imaging by various sectors for providing accurate insights coupled with technological advancements in satellite imagery are providing lucrative growth opportunities to the market.
Global Satellite-Based Earth Observation Market Analysis
On the basis of product type, the market is bifurcated into EO data and value-added services. Based on satellite orbit, the market is classified into low earth orbit, medium earth orbit, and geostationary orbit.
On the basis of end-use, the market is divided into defence, urban development and cultural heritage, agriculture, climate services, and energy and raw materials, among others. Based on region, the satellite-based earth observation market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Airbus SE
- Northrop Grumman Corporation
- RTX Corporation
- BAE Systems plc
- L3Harris Technologies Inc.
- Lockheed Martin Corporation
- Mitsubishi Electric Corp.
- ImageSat International NV
- GeoOptics Inc.
- Maxar Technologies Inc.
- Planet Labs PBC
- Others
Market Share by End-Use
Defence sector is anticipated to account for a significant satellite-based earth observation market share. The observation aids in navigation of land-based operations and maritime. The utilisation of satellite-based observation systems enhances military operations by supporting surveillance, navigation, intelligence, and reconnaissance. The remote sensing technologies are used for tracking targets, border surveillance, and monitoring enemy position.
Market Share by Region
North America accounts for a significant share of the market. This growth can be attributed to the increasing research studies, presence of well-developed space infrastructure, and rising investments. The growing adoption of commercial satellite imaging by various sectors in the region is further boosting the satellite-based earth observation market demand. The satellites are equipped with various sensors that aid in disaster monitoring and observation of changes in earth caused by human activities and natural phenomena, providing necessary data to concerned authorities for disaster management.
Competitive Landscape
Airbus SE is an aviation and aerospace component manufacturing company that was founded in 2014 and is headquartered in Leiden, Netherlands. The company’s product portfolio includes helicopters, rockets, military aircraft, satellites, and missiles, among others.
Northrop Grumman Corporation is a defence and space manufacturing company that was founded in 1994 and is headquartered in Virginia, United States. The company provides autonomous systems and cyber and logistical solutions to their customers across the globe.
RTX Corporation is an aerospace and defence manufacturing company that was founded in 2020 and is headquartered in Virginia, United States. The company specialises in satellites, air and missile defence systems, advanced sensors, and cyber and software solutions, among others.
Other satellite-based earth observation market key players include BAE Systems plc, L3Harris Technologies Inc., Lockheed Martin Corporation, Mitsubishi Electric Corp., ImageSat International NV, GeoOptics Inc., Maxar Technologies Inc., and Planet Labs PBC, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Satellite Orbit |
|
| Breakup by End-Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Satellite-Based Earth Observation Market Analysis
8.1 Key Industry Highlights
8.2 Global Satellite-Based Earth Observation Historical Market (2018-2023)
8.3 Global Satellite-Based Earth Observation Market Forecast (2024-2032)
8.4 Global Satellite-Based Earth Observation Market by Product Type
8.4.1 EO Data
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Value-Added Services
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Satellite-Based Earth Observation Market by Satellite Orbit
8.5.1 Low Earth Orbit
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Medium Earth Orbit
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Geostationary Orbit
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Satellite-Based Earth Observation Market by End-Use
8.6.1 Defence
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Urban Development and Cultural Heritage
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Agriculture
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Climate Services
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Energy and Raw Materials
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Satellite-Based Earth Observation Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Satellite-Based Earth Observation Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Satellite-Based Earth Observation Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Satellite-Based Earth Observation Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Satellite-Based Earth Observation Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Satellite-Based Earth Observation Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Airbus SE
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Northrop Grumman Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 RTX Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 BAE Systems plc
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 L3Harris Technologies Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Lockheed Martin Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Mitsubishi Electric Corp.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 ImageSat International NV
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 GeoOptics Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Maxar Technologies Inc.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Planet Labs PBC
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Satellite-Based Earth Observation Market: Key Industry Highlights, 2018 and 2032
2. Global Satellite-Based Earth Observation Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3. Global Satellite-Based Earth Observation Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4. Global Satellite-Based Earth Observation Historical Market: Breakup by Satellite Orbit (USD Billion), 2018-2023
5. Global Satellite-Based Earth Observation Market Forecast: Breakup by Satellite Orbit (USD Billion), 2024-2032
6. Global Satellite-Based Earth Observation Historical Market: Breakup by End-Use (USD Billion), 2018-2023
7. Global Satellite-Based Earth Observation Market Forecast: Breakup by End-Use (USD Billion), 2024-2032
8. Global Satellite-Based Earth Observation Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Satellite-Based Earth Observation Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Satellite-Based Earth Observation Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Satellite-Based Earth Observation Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Satellite-Based Earth Observation Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Satellite-Based Earth Observation Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Satellite-Based Earth Observation Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Satellite-Based Earth Observation Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Satellite-Based Earth Observation Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Satellite-Based Earth Observation Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Satellite-Based Earth Observation Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Satellite-Based Earth Observation Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Satellite-Based Earth Observation Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 7.21 billion in 2023.
The market is projected to grow at a CAGR of 6.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 13.12 billion by 2032.
The major market drivers include growing adoption of commercial satellite imaging by various sectors and increasing deployment for military operations.
The key trends fuelling the growth of the market include rising adoption of smart agriculture and increasing utilisation of satellites for environment monitoring.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end-uses of satellite-based earth observation include defence, urban development and cultural heritage, agriculture, climate services, and energy and raw materials, among others.
The key players in the market are Airbus SE, Northrop Grumman Corporation, RTX Corporation, BAE Systems plc, L3Harris Technologies Inc., Lockheed Martin Corporation, Mitsubishi Electric Corp., ImageSat International NV, GeoOptics Inc., Maxar Technologies Inc., and Planet Labs PBC, among others.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER