Satellite-based Earth Observation Market In Europe 2024-2028
The satellite-based earth observation market in Europe is forecasted to grow by USD 1678.1 mn during 2023-2028, accelerating at a CAGR of 10.44% during the forecast period. The report on the satellite-based earth observation market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing use of satellites for environmental monitoring, resurge in spending on space programs and entry of private players, and advances in satellite earth observation technologies.
Technavio's satellite-based earth observation market in Europe is segmented as below:
By Application
- Urban development and cultural heritage
- Agriculture
- Climate
- Energy and raw materials
- Others
By Type
By Geographical Landscape
This study identifies the use of AI in satellite-based earth observation as one of the prime reasons driving the satellite-based earth observation market in Europe growth during the next few years. Also, increased use of satellite-based earth observation in transportation and disaster management and big data in satellite-based earth observation will lead to sizable demand in the market.
The report on the satellite-based earth observation market in Europe covers the following areas:
- Satellite-based earth observation market in Europe sizing
- Satellite-based earth observation market in Europe forecast
- Satellite-based earth observation market in Europe industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading satellite-based earth observation market in Europe vendors that include ACRI ST, Airbus SE, Antrix Corp. Ltd., Assimila Ltd., BAE Systems Plc, BMT Group Ltd., CGI Inc., cloudeo AG, Eagle View Technologies Inc., EarthDaily Analytics, Geoimage, GeoOptics Inc., Global Surface Intelligence Ltd., Imagesat International I.S.I Ltd., Kleos Space S.A., Lockheed Martin Corp., Maxar Technologies Inc., OHB System AG, Orbital Insight Inc., and Thales Group. Also, the satellite-based earth observation market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.