Satellite-Based Earth Observation Market By Product Type (EO Data, Value-Added Services), By Satellite Orbit (Low Earth Orbit, Medium Earth Orbit, Geostationary Orbit), By End-use (Defense, Urban Development and Cultural Heritage, Agriculture, Climate Services, Energy and Raw Materials, Infrastructure, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
Satellite-based earth observation relies on payloads mounted on satellites to capture imaging data of earth's characteristics. Earth observation technologies employ different types of sensors such as optical or thermal sensors, radar sensors. Optical sensors monitor the energy received from earth due to the reflection and re-emission of the sun's energy by the earth's surface or atmosphere. They operate within the visible and infrared wavelengths of the electromagnetic spectrum. Radar sensors operate in the lower part of the spectrum (longer wavelengths). They send energy to earth and monitor the energy received back from earth's surface or atmosphere, allowing for day and night monitoring in all weather conditions.
Advancements in satellite technology, encompassing enhancements in sensors, imaging precision, and data processing capabilities, facilitate increasingly precise and detailed earth observation. These technological strides spur innovation, creating lucrative opportunities across diverse sectors. Moreover, notable shift has been observed toward downsizing satellite payloads and embracing CubeSats—a class of nano- and microsatellites. This trend allows for the deployment of smaller, more cost-effective satellites tailored for earth observation missions. By leveraging constellations of these diminutive satellites, the frequency of revisits and broader coverage of the earth's surface increases, which, in turn, augments the market growth. In addition, rise in demand for geospatial data spans numerous applications such as urban planning, agriculture, disaster response, and climate monitoring. Satellite-based earth observation, offering comprehensive and timely data, plays a pivotal role in facilitating informed decision-making within these domains, thereby propelling the market expansion. For instance, in October 2023, Suhora Technologies, an advanced monitoring and analytical geospatial solutions provider, announced a partnership with ICEYE, a satellite technology company, to access ICEYE's high-quality satellite imagery, enhancing Suhora's ability to provide advanced monitoring and analytical geospatial solutions to its users. This access to SAR data is crucial for situational awareness and timely decision-making across various sectors, including insurance, national security, disaster response, humanitarian relief, and climate change monitoring. As more industries recognize the value of satellite-based earth observation data for decision-making, the market is expected to grow significantly in the coming years.
For the purpose of analysis, the satellite-based earth observation market scope covers segmentation based on product type, satellite orbit, end use, and region. The report provides information about various product types of satellite-based earth observations such as EO data and value-added services. In addition, it highlights the details about the satellite orbit, including LEO, MEO, and GEO. Furthermore, defense, urban development & cultural heritage, agriculture, climate services, energy & raw materials, infrastructure, and others are the key end uses covered in the study. Moreover, it analyzes the current market trends of satellite-based earth observations across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests future growth opportunities.
Some major companies operating in the market include Airbus SE, Boeing, Lockheed Martin Corporation, Mitsubishi Electric Corporation, Planet Labs PBC, RAYTHEON Technologies Corporation, Israel Aerospace Industries Ltd., L3HARRIS TECHNOLOGIES, INC., Thales Group, Maxar Technologies, BlackSky, Capella Space, SkyWatch Space Applications Inc., and ICEYE.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the satellite-based earth observation market analysis from 2022 to 2032 to identify the prevailing satellite-based earth observation market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the satellite-based earth observation market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global satellite-based earth observation market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
EO Data
Value-Added Services
By Satellite Orbit
Low Earth Orbit
Medium Earth Orbit
Geostationary Orbit
By End-use
Defense
Urban Development and Cultural Heritage
Agriculture
Climate Services
Energy and Raw Materials
Infrastructure
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Airbus SE
BlackSky
Boeing
Capella Space
ICEYE
Israel Aerospace Industries Ltd.
L3Harris Technologies, Inc.
Lockheed Martin Corporation
Maxar Technologies
Mitsubishi Electric Corporation
Planet Labs PBC
Raytheon Technologies Corporation
SkyWatch Space Applications Inc.
Thales Group
Please Note: It will take 7-10 business days to complete the report upon order confirmation.
- CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
- CHAPTER 2: EXECUTIVE SUMMARY
- 2.1. CXO perspective
- CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter’s five forces analysis
- 3.3.1. Moderate to high threat of substitutes
- 3.3.2. Moderate to high intensity of rivalry
- 3.3.3. Moderate to high bargaining power of suppliers
- 3.3.4. Moderate to high threat of new entrants
- 3.3.5. Moderate to high bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Advancements in earth observation satellite technologies
- 3.4.1.2. High-demand for high-resolution imaging services
- 3.4.1.3. Surge in demand for big data technology to generate accurate insights on EO data
- 3.4.2. Restraints
- 3.4.2.1. Lack of skilled & trained personnel
- 3.4.2.2. Rise in utilization of alternative earth observation technologies
- 3.4.3. Opportunities
- 3.4.3.1. Increase in investments by several governments in space technology
- CHAPTER 4: SATELLITE-BASED EARTH OBSERVATION MARKET, BY PRODUCT TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. EO Data
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Value-Added Services
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- CHAPTER 5: SATELLITE-BASED EARTH OBSERVATION MARKET, BY SATELLITE ORBIT
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Low Earth Orbit
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Medium Earth Orbit
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Geostationary Orbit
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- CHAPTER 6: SATELLITE-BASED EARTH OBSERVATION MARKET, BY END-USE
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Defense
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Urban Development and Cultural Heritage
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Agriculture
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Climate Services
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
- 6.6. Energy and Raw Materials
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by region
- 6.6.3. Market share analysis by country
- 6.7. Infrastructure
- 6.7.1. Key market trends, growth factors and opportunities
- 6.7.2. Market size and forecast, by region
- 6.7.3. Market share analysis by country
- 6.8. Others
- 6.8.1. Key market trends, growth factors and opportunities
- 6.8.2. Market size and forecast, by region
- 6.8.3. Market share analysis by country
- CHAPTER 7: SATELLITE-BASED EARTH OBSERVATION MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Product Type
- 7.2.3. Market size and forecast, by Satellite Orbit
- 7.2.4. Market size and forecast, by End-use
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by Product Type
- 7.2.5.1.2. Market size and forecast, by Satellite Orbit
- 7.2.5.1.3. Market size and forecast, by End-use
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by Product Type
- 7.2.5.2.2. Market size and forecast, by Satellite Orbit
- 7.2.5.2.3. Market size and forecast, by End-use
- 7.2.5.3. Mexico
- 7.2.5.3.1. Market size and forecast, by Product Type
- 7.2.5.3.2. Market size and forecast, by Satellite Orbit
- 7.2.5.3.3. Market size and forecast, by End-use
- 7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Product Type
- 7.3.3. Market size and forecast, by Satellite Orbit
- 7.3.4. Market size and forecast, by End-use
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. UK
- 7.3.5.1.1. Market size and forecast, by Product Type
- 7.3.5.1.2. Market size and forecast, by Satellite Orbit
- 7.3.5.1.3. Market size and forecast, by End-use
- 7.3.5.2. Germany
- 7.3.5.2.1. Market size and forecast, by Product Type
- 7.3.5.2.2. Market size and forecast, by Satellite Orbit
- 7.3.5.2.3. Market size and forecast, by End-use
- 7.3.5.3. France
- 7.3.5.3.1. Market size and forecast, by Product Type
- 7.3.5.3.2. Market size and forecast, by Satellite Orbit
- 7.3.5.3.3. Market size and forecast, by End-use
- 7.3.5.4. Russia
- 7.3.5.4.1. Market size and forecast, by Product Type
- 7.3.5.4.2. Market size and forecast, by Satellite Orbit
- 7.3.5.4.3. Market size and forecast, by End-use
- 7.3.5.5. Rest of Europe
- 7.3.5.5.1. Market size and forecast, by Product Type
- 7.3.5.5.2. Market size and forecast, by Satellite Orbit
- 7.3.5.5.3. Market size and forecast, by End-use
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Product Type
- 7.4.3. Market size and forecast, by Satellite Orbit
- 7.4.4. Market size and forecast, by End-use
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by Product Type
- 7.4.5.1.2. Market size and forecast, by Satellite Orbit
- 7.4.5.1.3. Market size and forecast, by End-use
- 7.4.5.2. Japan
- 7.4.5.2.1. Market size and forecast, by Product Type
- 7.4.5.2.2. Market size and forecast, by Satellite Orbit
- 7.4.5.2.3. Market size and forecast, by End-use
- 7.4.5.3. India
- 7.4.5.3.1. Market size and forecast, by Product Type
- 7.4.5.3.2. Market size and forecast, by Satellite Orbit
- 7.4.5.3.3. Market size and forecast, by End-use
- 7.4.5.4. South Korea
- 7.4.5.4.1. Market size and forecast, by Product Type
- 7.4.5.4.2. Market size and forecast, by Satellite Orbit
- 7.4.5.4.3. Market size and forecast, by End-use
- 7.4.5.5. Rest of Asia-Pacific
- 7.4.5.5.1. Market size and forecast, by Product Type
- 7.4.5.5.2. Market size and forecast, by Satellite Orbit
- 7.4.5.5.3. Market size and forecast, by End-use
- 7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Product Type
- 7.5.3. Market size and forecast, by Satellite Orbit
- 7.5.4. Market size and forecast, by End-use
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Latin America
- 7.5.5.1.1. Market size and forecast, by Product Type
- 7.5.5.1.2. Market size and forecast, by Satellite Orbit
- 7.5.5.1.3. Market size and forecast, by End-use
- 7.5.5.2. Middle East
- 7.5.5.2.1. Market size and forecast, by Product Type
- 7.5.5.2.2. Market size and forecast, by Satellite Orbit
- 7.5.5.2.3. Market size and forecast, by End-use
- 7.5.5.3. Africa
- 7.5.5.3.1. Market size and forecast, by Product Type
- 7.5.5.3.2. Market size and forecast, by Satellite Orbit
- 7.5.5.3.3. Market size and forecast, by End-use
- CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product mapping of top 10 player
- 8.4. Competitive dashboard
- 8.5. Competitive heatmap
- 8.6. Top player positioning, 2022
- CHAPTER 9: COMPANY PROFILES
- 9.1. Airbus SE
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
- 9.2. Boeing
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.3. Israel Aerospace Industries Ltd.
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
- 9.4. Lockheed Martin Corporation
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
- 9.5. Mitsubishi Electric Corporation
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
- 9.6. Planet Labs PBC
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
- 9.7. L3Harris Technologies, Inc.
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.7.7. Key strategic moves and developments
- 9.8. SkyWatch Space Applications Inc.
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Key strategic moves and developments
- 9.9. Raytheon Technologies Corporation
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
- 9.10. Thales Group
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance
- 9.10.7. Key strategic moves and developments
- 9.11. Maxar Technologies
- 9.11.1. Company overview
- 9.11.2. Key executives
- 9.11.3. Company snapshot
- 9.11.4. Operating business segments
- 9.11.5. Product portfolio
- 9.11.6. Business performance
- 9.11.7. Key strategic moves and developments
- 9.12. BlackSky
- 9.12.1. Company overview
- 9.12.2. Key executives
- 9.12.3. Company snapshot
- 9.12.4. Operating business segments
- 9.12.5. Product portfolio
- 9.12.6. Business performance
- 9.12.7. Key strategic moves and developments
- 9.13. Capella Space
- 9.13.1. Company overview
- 9.13.2. Key executives
- 9.13.3. Company snapshot
- 9.13.4. Operating business segments
- 9.13.5. Product portfolio
- 9.13.6. Key strategic moves and developments
- 9.14. ICEYE
- 9.14.1. Company overview
- 9.14.2. Key executives
- 9.14.3. Company snapshot
- 9.14.4. Operating business segments
- 9.14.5. Product portfolio
- 9.14.6. Key strategic moves and developments
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook