Global Earth Observation Market Growth 2023-2029

Global Earth Observation Market Growth 2023-2029

Earth observationistheprocessbywhich informationrelated toEarth'sphysical, biological, and chemicalcompositionaregathered fromsatellitesbyremotesensing techniques. Theinformationgathered through satellitescanbeeffectivelyused tomonitor and predictweather changes, disastersand naturalcalamities, climatepatterns, agricultureforecasts, oiland mineraldeposits, and theavailabilityof water sources. Satellite-based earth observationisused acrossvariousindustriessuch asdefenseand intelligence, oiland gas, weather, agriculture, naturalresources, engineering and construction, mediaand entertainment, and tourism.

LPI (LP Information)' newest research report, the “Earth Observation Industry Forecast” looks at past sales and reviews total world Earth Observation sales in 2022, providing a comprehensive analysis by region and market sector of projected Earth Observation sales for 2023 through 2029. With Earth Observation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Earth Observation industry.

This Insight Report provides a comprehensive analysis of the global Earth Observation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Earth Observation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Earth Observation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Earth Observation and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Earth Observation.

The global Earth Observation market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Demand for earth observation market will be high from developing countries such as Vietnam, Malaysia, Kazakhstan and South Africa who would be widening their native autonomous capabilities in the near future. United States, Europe, China and India are all important operators of remote sensing satellites. Leading operators and service providers in these regions are partnering with Geographic Information System (GIS) companies and manufacturers of mobile devices to provide individual consumers with advanced information products and services. Initiatives taken by the government to embrace EO, in addition to the collaboration among operators to expand their capabilities by means of technology transfer would be the major driving factors in the satellite-based earth observation market.

This report presents a comprehensive overview, market shares, and growth opportunities of Earth Observation market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
EO Data
Value-added Services (VAS)

Segmentation by application
Agriculture
Defense
Disaster Management
Energy

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DigitalGlobe
DMC International Imaging
MDaInformationSystem
Skybox Imaging (Google)
ImageSat International
BlackBridge Group (Rapid Eye)
Deimos Imaging
EGEO
GeoOptics
HisdeSAT Servicios Estrategicos
PlanetiQ
Planet Labs
Satellogic

Key Questions Addressed in this Report

What is the 10-year outlook for the global Earth Observation market?

What factors are driving Earth Observation market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Earth Observation market opportunities vary by end market size?

How does Earth Observation break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.