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Market Snapshot

CAGR:6.22

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	6.22

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Report Overview

The Satellite-based Earth Observation Market is projected to grow at a CAGR of 11.87% between 2022 and 2032. The market size is forecast to increase by USD 7,823.46 million during this period. The growth of the Satellite-based Earth Observation Market is driven by the increasing demand for geospatial data, advancements in satellite technology, and the expanding applications of Earth observation data in various industries.

Market Overview:

Drivers:

The Satellite-based Earth Observation Market is experiencing growth due to the growing need for accurate and real-time geospatial information. Satellite-based Earth observation provides data for applications such as environmental monitoring, disaster management, agriculture, and urban planning.

Moreover, advancements in satellite technology are driving market demand. High-resolution imaging, hyperspectral sensors, and constellations of small satellites enhance the capabilities of Earth observation systems.

Trends:

The integration of Earth observation data with AI and machine learning algorithms is a prominent trend. AI-powered analytics can process and analyze vast amounts of Earth observation data, extracting actionable insights.

Furthermore, the use of Earth observation for climate monitoring and sustainability initiatives is influencing the market. Satellite data is essential for tracking changes in the environment and understanding the impacts of climate change.

Restraints:

Challenges related to data processing and storage can restrain market growth. The large volumes of data generated by Earth observation satellites require efficient data processing, storage, and management solutions.

Additionally, regulatory and privacy concerns can hinder adoption. Sharing and processing Earth observation data across borders may involve legal and ethical considerations.

Satellite-based Earth Observation Market Segmentation by Application:

The Environmental Monitoring segment is expected to witness significant growth during the forecast period. Satellite-based Earth observation is crucial for monitoring changes in ecosystems, land use, and natural resources.

Satellite-based Earth Observation Market Segmentation by End User:

The Government and Defense segment is anticipated to experience strong growth in the Satellite-based Earth Observation Market. Governments and defense agencies use Earth observation data for national security, disaster response, and border surveillance.

Regional Overview:

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North America is expected to lead the global Satellite-based Earth Observation Market, driven by the region's advanced space agencies, investment in satellite technology, and strong demand for Earth observation data.

Moreover, Europe is projected to experience substantial growth due to the region's focus on environmental monitoring, agriculture, and urban planning applications.

Satellite-based Earth Observation Market Customer Landscape:

The report includes insights into the customer landscape, identifying government agencies, environmental organizations, agriculture companies, and disaster management agencies that extensively use satellite-based Earth observation data.

Major Satellite-based Earth Observation Market Companies:

Companies in the Satellite-based Earth Observation Market are adopting strategies such as launching advanced satellites, offering data analytics services, and partnering with data providers.

Sample companies in the Satellite-based Earth Observation Market include:

Airbus SE
Maxar Technologies Inc.
Planet Labs Inc.
DigitalGlobe (a Maxar company)
UrtheCast Corp.
Satellogic Inc.
ICEYE
Spire Global Inc.
Earth-i Ltd.
BlackSky Global LLC

Segment Overview:

The Satellite-based Earth Observation Market report provides revenue forecasts at global, regional, and country levels, analyzing trends and opportunities from 2019 to 2032.

Application Outlook (USD Million, 2019 - 2032)

Environmental Monitoring
Disaster Management
Agriculture
Urban Planning
Others

End User Outlook (USD Million, 2019 - 2032)

Government and Defense
Commercial
Research and Academia

Geography Outlook (USD Million, 2019 - 2032)

North America

The U.S.
Canada

Europe

U.K.
Germany
France
Rest of Europe

APAC

China
Japan

South America

Brazil
Argentina
Rest of South America

Middle East & Africa

Saudi Arabia
UAE
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Satellite-based Earth Observation MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Satellite-based Earth Observation MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Satellite-based Earth Observation Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. Satellite-based Earth Observation MARKET BY Application landscape

SIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Data

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 VAS

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Satellite-based Earth Observation MARKET BY End user INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 Defense and Intelligence

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Infrastructure and Engineering

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.4 Agriculture

6.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.5 Energy and Power

6.5.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.5.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Satellite-based Earth Observation MARKET REGIONAL OUTLOOK

7.1. Satellite-based Earth Observation Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Satellite-based Earth Observation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.2. North America Satellite-based Earth Observation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Satellite-based Earth Observation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Satellite-based Earth Observation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. Satellite-based Earth Observation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Satellite-based Earth Observation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Satellite-based Earth Observation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Satellite-based Earth Observation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Satellite-based Earth Observation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Satellite-based Earth Observation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Satellite-based Earth Observation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Satellite-based Earth Observation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Satellite-based Earth Observation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Satellite-based Earth Observation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe Satellite-based Earth Observation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Satellite-based Earth Observation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Satellite-based Earth Observation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Satellite-based Earth Observation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Satellite-based Earth Observation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Satellite-based Earth Observation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Satellite-based Earth Observation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Satellite-based Earth Observation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Satellite-based Earth Observation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Satellite-based Earth Observation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Satellite-based Earth Observation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Satellite-based Earth Observation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Satellite-based Earth Observation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. Satellite-based Earth Observation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Satellite-based Earth Observation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Satellite-based Earth Observation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Satellite-based Earth Observation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Satellite-based Earth Observation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Satellite-based Earth Observation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Satellite-based Earth Observation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Satellite-based Earth Observation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Satellite-based Earth Observation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Satellite-based Earth Observation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Satellite-based Earth Observation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Satellite-based Earth Observation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Satellite-based Earth Observation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Satellite-based Earth Observation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Satellite-based Earth Observation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Satellite-based Earth Observation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Satellite-based Earth Observation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Satellite-based Earth Observation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Satellite-based Earth Observation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Satellite-based Earth Observation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Satellite-based Earth Observation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Satellite-based Earth Observation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Satellite-based Earth Observation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Satellite-based Earth Observation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Satellite-based Earth Observation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Satellite-based Earth Observation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Satellite-based Earth Observation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Satellite-based Earth Observation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Satellite-based Earth Observation Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Satellite-based Earth Observation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 Airbus Defense and Space

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 MDA Corporation

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 UrtheCast Corporation

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 Harris Corporation

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5 Planet Labs Inc

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6 Company 6

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7 Company 7

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8 Company 8

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 Company 9

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10 Company 10

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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Satellite Based Earth Observation Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032