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Satellite-based Earth Observation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global satellite-based earth observation market reached a value of US$ 3.08 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 4.53 Billion by 2027, exhibiting a CAGR of 6.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Satellite-based earth observation involves gathering vital information pertaining to the physical, chemical, and biological systems of the Earth using remote sensing technologies and surveying techniques. The information is used to predict climate patterns, weather changes, disasters, natural calamities, oil and mineral deposits, and the availability of water resources. Nowadays, several organizations across the globe are relying on satellite-based earth observation systems to gain accurate and valuable insights for data analytics.

Satellite-based Earth Observation Market Trends:

Governments of numerous economies are encouraging the adoption of smart and precision farming practices on account of the declining arable land and rising food security concerns. This represents one of the key factors expanding the application of satellite-based earth observation systems in information-guided agriculture. Moreover, as forest covers play a vital role in protecting people and infrastructure against natural hazards, such as avalanches, landslides, and rockfalls, forest degradation is catalyzing the need for satellite-based earth observation for the sustainable management of protected forest areas. Apart from this, satellite-based earth observation is gaining traction in sustainable urban planning and rural development as it provides high-resolution satellite imagery data that helps in monitoring urban change processes. Besides this, extensive utilization of high-accuracy datasets in defense and intelligence for land surveillance activities, airfields monitoring, critical infrastructure protection, and crime mapping is contributing to the market growth. Furthermore, space-based technologies are crucial in the aerospace industry to support and increase the safety and efficiency of international civilian air traffic. This, in confluence with the growing passenger air traffic, is influencing the market positively. Additionally, the emerging trend of automated self-driving vehicles is anticipated to drive the adoption of satellite-based earth observation systems in cars for navigation and other applications.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global satellite-based earth observation market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on solution and end user.

Breakup by Solution:

  • Data
  • Value Added Services
     

Breakup by End User:

  • Defense and Intelligence
  • Infrastructure and Engineering
  • Agriculture
  • Energy and Power
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Airbus SE, BAE Systems plc, GeoOptics Inc., ImageSat International N.V., L3Harris Technologies Inc., Lockheed Martin Corporation, Maxar Technologies Inc., Northrop Grumman Corporation, OHB System AG (OHB SE), Planet Labs PBC, Raytheon Technologies Corporation and Thales Group.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Solution, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Airbus SE, BAE Systems plc, GeoOptics Inc., ImageSat International N.V., L3Harris Technologies Inc., Lockheed Martin Corporation, Maxar Technologies Inc., Northrop Grumman Corporation, OHB System AG (OHB SE), Planet Labs PBC, Raytheon Technologies Corporation and Thales Group.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global satellite-based earth observation market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global satellite-based earth observation market?
  • What are the key regional markets?
  • What is the breakup of the market based on the solution?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global satellite-based earth observation market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Satellite-based Earth Observation Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Solution
    6.1    Data
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Value Added Services
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by End User
    7.1    Defense and Intelligence
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Infrastructure and Engineering
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Agriculture
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Energy and Power
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Airbus SE
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
           13.3.1.3 Financials
           13.3.1.4 SWOT Analysis
        13.3.2    BAE Systems plc
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
           13.3.2.3 Financials
           13.3.2.4 SWOT Analysis
        13.3.3    GeoOptics Inc.
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
        13.3.4    ImageSat International N.V.
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
        13.3.5    L3Harris Technologies Inc.
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
           13.3.5.3 Financials
        13.3.6    Lockheed Martin Corporation
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
           13.3.6.3 Financials
           13.3.6.4 SWOT Analysis
        13.3.7    Maxar Technologies Inc.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
           13.3.7.3 Financials
        13.3.8    Northrop Grumman Corporation
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
           13.3.8.3 Financials
           13.3.8.4 SWOT Analysis
        13.3.9    OHB System AG (OHB SE)
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
        13.3.10    Planet Labs PBC 
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio
        13.3.11    Raytheon Technologies Corporation
           13.3.11.1 Company Overview
           13.3.11.2 Product Portfolio
           13.3.11.3 Financials
           13.3.11.4 SWOT Analysis
        13.3.12    Thales Group
           13.3.12.1 Company Overview
           13.3.12.2 Product Portfolio
           13.3.12.3 Financials
           13.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Satellite-based Earth Observation Market: Major Drivers and Challenges
Figure 2: Global: Satellite-based Earth Observation Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Satellite-based Earth Observation Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Satellite-based Earth Observation Market: Breakup by Solution (in %), 2021
Figure 5: Global: Satellite-based Earth Observation Market: Breakup by End User (in %), 2021
Figure 6: Global: Satellite-based Earth Observation Market: Breakup by Region (in %), 2021
Figure 7: Global: Satellite-based Earth Observation (Data) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Satellite-based Earth Observation (Data) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Satellite-based Earth Observation (Value Added Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Satellite-based Earth Observation (Value Added Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Satellite-based Earth Observation (Defense and Intelligence) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Satellite-based Earth Observation (Defense and Intelligence) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Satellite-based Earth Observation (Infrastructure and Engineering) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Satellite-based Earth Observation (Infrastructure and Engineering) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Satellite-based Earth Observation (Agriculture) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Satellite-based Earth Observation (Agriculture) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Satellite-based Earth Observation (Energy and Power) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Satellite-based Earth Observation (Energy and Power) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Satellite-based Earth Observation (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Satellite-based Earth Observation (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: North America: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: North America: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: United States: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: United States: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Canada: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Canada: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Asia-Pacific: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Asia-Pacific: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: China: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: China: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Japan: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Japan: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: India: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: India: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: South Korea: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: South Korea: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Australia: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Australia: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Indonesia: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Indonesia: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Others: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Others: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Europe: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Europe: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Germany: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Germany: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: France: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: France: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: United Kingdom: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: United Kingdom: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Italy: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Italy: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Spain: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Spain: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Russia: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Russia: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Others: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Others: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Latin America: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Latin America: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Brazil: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Brazil: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Mexico: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Mexico: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Others: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Others: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Middle East and Africa: Satellite-based Earth Observation Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Middle East and Africa: Satellite-based Earth Observation Market: Breakup by Country (in %), 2021
Figure 69: Middle East and Africa: Satellite-based Earth Observation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Global: Satellite-based Earth Observation Industry: SWOT Analysis
Figure 71: Global: Satellite-based Earth Observation Industry: Value Chain Analysis
Figure 72: Global: Satellite-based Earth Observation Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Satellite-based Earth Observation Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Satellite-based Earth Observation Market Forecast: Breakup by Solution (in Million US$), 2022-2027
Table 3: Global: Satellite-based Earth Observation Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 4: Global: Satellite-based Earth Observation Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Satellite-based Earth Observation Market: Competitive Structure
Table 6: Global: Satellite-based Earth Observation Market: Key Players

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