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Satellite-based Earth Observation Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5896134
The satellite-based earth observation market size has grown strongly in recent years. It will grow from $6.14 billion in 2023 to $6.68 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The expansion during the historical period can be ascribed to government investments in space programs, a heightened requirement for environmental monitoring, the proliferation of applications in agriculture and forestry, an increased demand for disaster management solutions, and the broadening utilization of applications in defense and intelligence.

The satellite-based earth observation market size is expected to see strong growth in the next few years. It will grow to $9.03 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The anticipated growth in the forecast period can be ascribed to the escalating demand for geospatial data analytics, the rising adoption of satellite-based services by commercial industries, an increase in requirements for climate change monitoring, the expansion of satellite constellations, and the development of small satellites for earth observation. Key trends expected in the forecast period involve the emergence of high-resolution imaging capabilities, the integration of artificial intelligence (AI) and machine learning in data analysis, the adoption of cubesat technology, the development of hyperspectral imaging satellites, and an increasing emphasis on sustainable and eco-friendly satellite technologies.

The growth of the satellite-based earth observation market is anticipated to be propelled by the increasing number of satellite launches. Satellites, devices launched into orbit for purposes such as information collection, navigation, and scientific research, are equipped with sensors to capture images of the Earth's surface for applications such as weather forecasting and environmental monitoring. In March 2023, the United Nations Office for Outer Space Affairs reported a rise in space objects launched from 1,810 in 2021 to 2,163 in 2022. Additionally, the Government Accountability Office stated that around 5,500 active satellites were in orbit as of spring 2022, with an estimated 58,000 more to be launched by 2030. Consequently, the surge in satellite launches is a key driver for the satellite-based earth observation market.

Government investments in space technology are expected to contribute significantly to the growth of the satellite-based Earth observation market. These investments involve financial allocations by governments for the research, development, and deployment of space-related initiatives. Allocations are made for national security, defense, and the use of Earth observation satellites in intelligence gathering, border surveillance, and security threat monitoring. The Space Foundation reported in July 2023 that government investments in space technology constituted 55% of the global space economy, indicating a substantial increase from the previous year. This trend aligns with sustained global commitments to space exploration and development, as indicated by the Space Report 2023 Q2. Thus, government investments in space technology play a pivotal role in driving the satellite-based Earth observation market's growth.

Technological advancements are a prominent trend shaping the satellite-based earth observation market. Key companies in the market focus on developing advanced solutions to maintain their market positions. For example, in November 2022, the Indian Space Research Organization (ISRO) launched the Earth Observation Satellite-6 (EOS-6), featuring three ocean observation sensors for monitoring oceans. The advanced Ocean Color Monitor (OCM-3) with a high signal-to-noise ratio is expected to enhance accuracy in daily phytoplankton monitoring, benefiting applications such as fishery resource management, ocean carbon uptake, and climate studies. This emphasis on technological innovation is driving progress in the satellite-based earth observation market.

Major companies in the satellite-based earth observation market are concentrating on developing innovative products, such as the Air Quality Control Instrument, to monitor air pollutants hourly in high spatial resolution. An air quality control instrument is designed to monitor and analyze various air pollutants to ensure compliance with environmental standards and promote healthier air quality. In April 2023, NASA launched the Tropospheric Emissions Monitoring of Pollution (TEMPO) instrument, offering unprecedented resolution for high-frequency monitoring of major air pollutants. This advancement enhances satellite-based earth observation capabilities, addressing environmental concerns, supporting sustainability efforts, and fostering innovation in the market.

In May 2023, Maxar Technologies Inc. was acquired for $6.4 billion by Advent International and British Columbia Investment Management Corporation (BCI). This acquisition aims to facilitate long-term growth and wealth creation for Advent International and BCI. Maxar Technologies Inc., a US-based space technology company specializing in manufacturing Earth observation satellites, will continue to be controlled, owned, and operated from the United States.

Major companies operating in the satellite-based earth observation market report are Raytheon Technologies Corporation, Lockheed Martin Corp., Airbus SE, BAE Systems Plc, Thales Group, L3Harris Technologies Inc., Israel Aerospace Industries Ltd., Viasat, Maxar Technologies Inc., MDA Corporation, Planet Labs Inc., Spire Global, BlackSky Global, Iceye, EOS Data Analytics, RS Metrics, D-Orbit, Descartes Labs, UrtheCast, Orbital Insight, GHGSat, Satellogic SA, GomSpace, SkyWatch Inc., Global Surface Intelligence Ltd., PlanetiQ Inc., GeoOptics Inc., ImageSat International N.V, Capella Space, HawkEye 360.

North America was the largest region in the satellite-based earth observation market in 2023. The regions covered in the satellite-based earth observation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the satellite-based earth observation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The primary components of satellite-based earth observation encompass earth observation (EO) data and value-added services. EO data, denoting information collected by satellites and other remote sensing platforms, constitutes a crucial aspect. The satellites utilized operate in low earth orbit, medium earth orbit, and geostationary orbit, employing technologies such as optical and synthetic aperture radar. Payloads consist of satellite communications (SATCOM), electro-optical or infrared (EO or IO), communication, imaging, and navigation. These resources find application across diverse sectors, including defense and intelligence, infrastructure and engineering, agriculture, energy and power, among others.

The satellite-based earth observation market research report is one of a series of new reports that provides satellite-based earth observation market statistics, including satellite-based earth observation industry global market size, regional shares, competitors with a satellite-based earth observation market share, detailed satellite-based earth observation market segments, market trends and opportunities, and any further data you may need to thrive in the satellite-based earth observation industry. This satellite-based earth observation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The satellite-based earth observation market includes revenues earned by entities by providing weather forecasting, environmental monitoring, urban planning, and disaster studies. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).


The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Satellite-Based Earth Observation Market Characteristics3. Satellite-Based Earth Observation Market Trends and Strategies
4. Satellite-Based Earth Observation Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Satellite-Based Earth Observation Market Size and Growth
5.1. Global Satellite-Based Earth Observation Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Satellite-Based Earth Observation Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Satellite-Based Earth Observation Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Satellite-Based Earth Observation Market Segmentation
6.1. Global Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Earth Observation (EO) Data
  • Value Added Services
6.2. Global Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Low Earth Orbit
  • Medium Earth Orbit
  • Geostationary Orbit
6.3. Global Satellite-Based Earth Observation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Optical
  • Synthetic Aperture Radar
6.4. Global Satellite-Based Earth Observation Market, Segmentation by Payload Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Satellite Communications (SATCOM)
  • Electro-Optical Or Infra-Red (EO Or IR)
  • Communication
  • Imaging
  • Navigation
6.5. Global Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Defense and Intelligence
  • Infrastructure and Engineering
  • Agriculture
  • Energy and Power
  • Other End-Users
7. Satellite-Based Earth Observation Market Regional and Country Analysis
7.1. Global Satellite-Based Earth Observation Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Satellite-Based Earth Observation Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Satellite-Based Earth Observation Market
8.1. Asia-Pacific Satellite-Based Earth Observation Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Satellite-Based Earth Observation Market
9.1. China Satellite-Based Earth Observation Market Overview
9.2. China Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Satellite-Based Earth Observation Market
10.1. India Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Satellite-Based Earth Observation Market
11.1. Japan Satellite-Based Earth Observation Market Overview
11.2. Japan Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Satellite-Based Earth Observation Market
12.1. Australia Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Satellite-Based Earth Observation Market
13.1. Indonesia Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Satellite-Based Earth Observation Market
14.1. South Korea Satellite-Based Earth Observation Market Overview
14.2. South Korea Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Satellite-Based Earth Observation Market
15.1. Western Europe Satellite-Based Earth Observation Market Overview
15.2. Western Europe Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Satellite-Based Earth Observation Market
16.1. UK Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Satellite-Based Earth Observation Market
17.1. Germany Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Satellite-Based Earth Observation Market
18.1. France Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Satellite-Based Earth Observation Market
19.1. Italy Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Satellite-Based Earth Observation Market
20.1. Spain Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Satellite-Based Earth Observation Market
21.1. Eastern Europe Satellite-Based Earth Observation Market Overview
21.2. Eastern Europe Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Satellite-Based Earth Observation Market
22.1. Russia Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Satellite-Based Earth Observation Market
23.1. North America Satellite-Based Earth Observation Market Overview
23.2. North America Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Satellite-Based Earth Observation Market
24.1. USA Satellite-Based Earth Observation Market Overview
24.2. USA Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Satellite-Based Earth Observation Market
25.1. Canada Satellite-Based Earth Observation Market Overview
25.2. Canada Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Satellite-Based Earth Observation Market
26.1. South America Satellite-Based Earth Observation Market Overview
26.2. South America Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Satellite-Based Earth Observation Market
27.1. Brazil Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Satellite-Based Earth Observation Market
28.1. Middle East Satellite-Based Earth Observation Market Overview
28.2. Middle East Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Satellite-Based Earth Observation Market
29.1. Africa Satellite-Based Earth Observation Market Overview
29.2. Africa Satellite-Based Earth Observation Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Satellite-Based Earth Observation Market, Segmentation by Satellite Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Satellite-Based Earth Observation Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Satellite-Based Earth Observation Market Competitive Landscape and Company Profiles
30.1. Satellite-Based Earth Observation Market Competitive Landscape
30.2. Satellite-Based Earth Observation Market Company Profiles
30.2.1. Raytheon Technologies Corporation
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Lockheed Martin Corp.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Airbus SE
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. BAE Systems Plc
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Thales Group
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Satellite-Based Earth Observation Market Other Major and Innovative Companies
31.1. L3Harris Technologies Inc.
31.2. Israel Aerospace Industries Ltd.
31.3. Viasat
31.4. Maxar Technologies Inc.
31.5. MDA Corporation
31.6. Planet Labs Inc.
31.7. Spire Global
31.8. BlackSky Global
31.9. Iceye
31.10. EOS Data Analytics
31.11. RS Metrics
31.12. D-Orbit
31.13. Descartes Labs
31.14. UrtheCast
31.15. Orbital Insight
32. Global Satellite-Based Earth Observation Market Competitive Benchmarking33. Global Satellite-Based Earth Observation Market Competitive Dashboard34. Key Mergers and Acquisitions in the Satellite-Based Earth Observation Market
35. Satellite-Based Earth Observation Market Future Outlook and Potential Analysis
35.1 Satellite-Based Earth Observation Market in 2028 - Countries Offering Most New Opportunities
35.2 Satellite-Based Earth Observation Market in 2028 - Segments Offering Most New Opportunities
35.3 Satellite-Based Earth Observation Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Satellite-based Earth Observation Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on satellite-based earth observation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for satellite-based earth observation? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Product Type: Earth Observation (EO) Data; Value Added Services
2) By Satellite Orbit: Low Earth Orbit; Medium Earth Orbit; Geostationary Orbit
3) By Technology: Optical; Synthetic Aperture Radar
4) By Payload Type: Satellite Communications (SATCOM); Electro-Optical Or Infra-Red (EO Or IR); Communication; Imaging; Navigation
5) By End-user: Defense and Intelligence; Infrastructure and Engineering; Agriculture; Energy and Power; Other End-Users

Key Companies Mentioned: Raytheon Technologies Corporation; Lockheed Martin Corp.; Airbus SE; BAE Systems Plc; Thales Group

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

  • Raytheon Technologies Corporation
  • Lockheed Martin Corp.
  • Airbus SE
  • BAE Systems Plc
  • Thales Group
  • L3Harris Technologies Inc.
  • Israel Aerospace Industries Ltd.
  • Viasat
  • Maxar Technologies Inc.
  • MDA Corporation
  • Planet Labs Inc.
  • Spire Global
  • BlackSky Global
  • Iceye
  • EOS Data Analytics
  • RS Metrics
  • D-Orbit
  • Descartes Labs
  • UrtheCast
  • Orbital Insight
  • GHGSat
  • Satellogic SA
  • GomSpace
  • SkyWatch Inc.
  • Global Surface Intelligence Ltd.
  • PlanetiQ Inc.
  • GeoOptics Inc.
  • ImageSat International N.V
  • Capella Space
  • HawkEye 360

Methodology

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Table Information