NEW YORK, Oct. 10, 2022 /PRNewswire/ — The “Satellite-based Earth Observation Market by Application, Type, and Geography – Forecast and Analysis 2022-2026″ has been added to Technavio’s offerings. The market size is expected to grow by USD 1.32 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 7.49% during the forecast period.
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Technavio has announced its latest market research report titled Global Satellite-based Earth Observation Market 2022-2026
Key Vendor Analysis
Airbus SE, Antrix Corp Ltd., BAE Systems Plc, Eagle View Technologies Inc., EarthDaily Analytics, Geoimage, GeoOptics Inc., Global Surface Intelligence Ltd, ImageSat International, Kleos Space SA, L3Harris Technologies Inc., Lockheed Martin Corp., Maxar Technologies Inc., Northrop Grumman Corp., OHB System AG, Orbital Insight Inc, Orbital Micro Systems, Planet Labs Inc., PlanetiQ, Raytheon Technologies Corp., Satellogic SA, Thales Group, among others, are the main players in the market. The key offerings of some of these vendors are listed below:
Airbus SE – The company offers satellite-based earth observation, which includes OPAZ, The Electro-Optical sensor that delivers imagery and video in real-time and provides 18cm resolution, while the Infra-Red allows for night and day operations.
Antrix Corp Ltd. – The company offers satellite-based earth observation that includes Resourcesat, Cartosat, Oceansat, and Risat series of satellites.
Geoimage – The company offers satellite-based earth observation, which includes atlasTSF, Surface Movement Monitoring, Digital Elevation Models, Geophysical Interpretation, Monitoring and Compliance, Image Processing, and Data Analytics.
ImageSat International – The company offers satellite-based earth observation that includes Global Eye, which provides unique sensor technology, unprecedented revisit and area coverage, extended platform agility and duty cycle, and advanced on-board processing capabilities.
L3Harris Technologies Inc. – The company offers satellite-based earth observation, which provides Realistic Visualizations for Planning and Analysis, Vector Data, Cloud Patching, and Multi-resolution Blended Imagery.
Market Driver
The use of satellites for advanced environment monitoring is driving the satellite-based earth observation (EO) market growth. Advances in imaging and sensing technologies in the past decade have resulted in the development of advanced observation satellites for environmental monitoring. These satellites allow higher resolution images and measurement of a large number of metrics. Such advances may challenge the market growth in the forecast period.
Satellite-based Earth Observation Market Application Outlook (Revenue, USD bn, 2021-2026)
Defense – size and forecast 2021-2026
Weather – size and forecast 2021-2026
LBS – size and forecast 2021-2026
Energy – size and forecast 2021-2026
Other applications – size and forecast 2021-2026
Satellite-based Earth Observation Market Type Outlook (Revenue, USD bn, 2021-2026)
VAS – size and forecast 2021-2026
Data – size and forecast 2021-2026
Satellite-based Earth Observation Market Geography Outlook (Revenue, USD bn, 2021-2026)
North America – size and forecast 2021-2026
APAC – size and forecast 2021-2026
Europe – size and forecast 2021-2026
South America – size and forecast 2021-2026
Middle East and Africa – size and forecast 2021-2026
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report
Revenue-generating Application Segment
The defense segment will be the largest contributor to market growth during the forecast period. The increasing investments in satellite technologies for regional security, surveillance, and spy intelligence by emerging countries such as China, India, and Russia are driving the growth of this segment. For instance, in May 2019, the Indian Space Research Organization (ISRO) launched a new EO satellite, RISAT-2B (Radar Imaging Satellite-2B). Agriculture and forestry surveillance and support for disaster management are some of the applications of this segment. Such factors are expected to drive the growth of the defense segment during the forecast period.
Related Reports
Electric Propulsion Satellite Market by Type and Geography – Forecast and Analysis 2022-2026: The electric propulsion satellite market share is expected to increase by USD 15.71 billion from 2021 to 2026.
Satellite-based Earth Observation Market in Europe by Type, Application, and Geography – Forecast and Analysis 2022-2026: The satellite-based earth observation market share in Europe is expected to increase by USD 308.60 million from 2021 to 2026.
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Satellite-based Earth Observation Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.49% |
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Market growth 2022-2026 |
USD 1.32 billion |
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Market structure |
Concentrated |
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YoY growth (%) |
6.45 |
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Regional analysis |
North America, APAC, Europe, South America, and the Middle East and Africa |
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Performing market contribution |
North America at 42% |
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Key consumer countries |
US, Canada, China, Russia, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Key companies profiled |
Airbus SE, Antrix Corp Ltd., BAE Systems Plc, Eagle View Technologies Inc., EarthDaily Analytics, Geoimage, GeoOptics Inc., Global Surface Intelligence Ltd, ImageSat International, Kleos Space SA, L3Harris Technologies Inc., Lockheed Martin Corp., Maxar Technologies Inc., Northrop Grumman Corp., OHB System AG, Orbital Insight Inc, Orbital Micro Systems, Planet Labs Inc., PlanetiQ, Raytheon Technologies Corp., Satellogic SA, and Thales Group |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Contents
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 14: Chart on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 15: Data Table on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 18: Five forces analysis – Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 24: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by Application
5.1 Market segments
Exhibit 25: Chart on Application – Market share 2021-2026 (%)
Exhibit 26: Data Table on Application – Market share 2021-2026 (%)
5.2 Comparison by Application
Exhibit 27: Chart on Comparison by Application
Exhibit 28: Data Table on Comparison by Application
5.3 Defense – Market size and forecast 2021-2026
Exhibit 29: Chart on Defense – Market size and forecast 2021-2026 ($ million)
Exhibit 30: Data Table on Defense – Market size and forecast 2021-2026 ($ million)
Exhibit 31: Chart on Defense – Year-over-year growth 2021-2026 (%)
Exhibit 32: Data Table on Defense – Year-over-year growth 2021-2026 (%)
5.4 Weather – Market size and forecast 2021-2026
Exhibit 33: Chart on Weather – Market size and forecast 2021-2026 ($ million)
Exhibit 34: Data Table on Weather – Market size and forecast 2021-2026 ($ million)
Exhibit 35: Chart on Weather – Year-over-year growth 2021-2026 (%)
Exhibit 36: Data Table on Weather – Year-over-year growth 2021-2026 (%)
5.5 LBS – Market size and forecast 2021-2026
Exhibit 37: Chart on LBS – Market size and forecast 2021-2026 ($ million)
Exhibit 38: Data Table on LBS – Market size and forecast 2021-2026 ($ million)
Exhibit 39: Chart on LBS – Year-over-year growth 2021-2026 (%)
Exhibit 40: Data Table on LBS – Year-over-year growth 2021-2026 (%)
5.6 Energy – Market size and forecast 2021-2026
Exhibit 41: Chart on Energy – Market size and forecast 2021-2026 ($ million)
Exhibit 42: Data Table on Energy – Market size and forecast 2021-2026 ($ million)
Exhibit 43: Chart on Energy – Year-over-year growth 2021-2026 (%)
Exhibit 44: Data Table on Energy – Year-over-year growth 2021-2026 (%)
5.7 Other applications – Market size and forecast 2021-2026
Exhibit 45: Chart on Other applications – Market size and forecast 2021-2026 ($ million)
Exhibit 46: Data Table on Other applications – Market size and forecast 2021-2026 ($ million)
Exhibit 47: Chart on Other applications – Year-over-year growth 2021-2026 (%)
Exhibit 48: Data Table on Other applications – Year-over-year growth 2021-2026 (%)
5.8 Market opportunity by Application
Exhibit 49: Market opportunity by Application ($ million)
6 Market Segmentation by Type
6.1 Market segments
Exhibit 50: Chart on Type – Market share 2021-2026 (%)
Exhibit 51: Data Table on Type – Market share 2021-2026 (%)
6.2 Comparison by Type
Exhibit 52: Chart on Comparison by Type
Exhibit 53: Data Table on Comparison by Type
6.3 VAS – Market size and forecast 2021-2026
Exhibit 54: Chart on VAS – Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on VAS – Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on VAS – Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on VAS – Year-over-year growth 2021-2026 (%)
6.4 Data – Market size and forecast 2021-2026
Exhibit 58: Chart on Data – Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Data – Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Data – Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Data – Year-over-year growth 2021-2026 (%)
6.5 Market opportunity by Type
Exhibit 62: Market opportunity by Type ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Exhibit 64: Chart on Market share by geography 2021-2026 (%)
Exhibit 65: Data Table on Market share by geography 2021-2026 (%)
8.2 Geographic comparison
Exhibit 66: Chart on Geographic comparison
Exhibit 67: Data Table on Geographic comparison
8.3 North America – Market size and forecast 2021-2026
Exhibit 68: Chart on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 69: Data Table on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 70: Chart on North America – Year-over-year growth 2021-2026 (%)
Exhibit 71: Data Table on North America – Year-over-year growth 2021-2026 (%)
8.4 APAC – Market size and forecast 2021-2026
Exhibit 72: Chart on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 73: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 74: Chart on APAC – Year-over-year growth 2021-2026 (%)
Exhibit 75: Data Table on APAC – Year-over-year growth 2021-2026 (%)
8.5 Europe – Market size and forecast 2021-2026
Exhibit 76: Chart on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 77: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 78: Chart on Europe – Year-over-year growth 2021-2026 (%)
Exhibit 79: Data Table on Europe – Year-over-year growth 2021-2026 (%)
8.6 South America – Market size and forecast 2021-2026
Exhibit 80: Chart on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 81: Data Table on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 82: Chart on South America – Year-over-year growth 2021-2026 (%)
Exhibit 83: Data Table on South America – Year-over-year growth 2021-2026 (%)
8.7 Middle East and Africa – Market size and forecast 2021-2026
Exhibit 84: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 85: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 86: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
Exhibit 87: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
8.8 US – Market size and forecast 2021-2026
Exhibit 88: Chart on US – Market size and forecast 2021-2026 ($ million)
Exhibit 89: Data Table on US – Market size and forecast 2021-2026 ($ million)
Exhibit 90: Chart on US – Year-over-year growth 2021-2026 (%)
Exhibit 91: Data Table on US – Year-over-year growth 2021-2026 (%)
8.9 China – Market size and forecast 2021-2026
Exhibit 92: Chart on China – Market size and forecast 2021-2026 ($ million)
Exhibit 93: Data Table on China – Market size and forecast 2021-2026 ($ million)
Exhibit 94: Chart on China – Year-over-year growth 2021-2026 (%)
Exhibit 95: Data Table on China – Year-over-year growth 2021-2026 (%)
8.10 Russia – Market size and forecast 2021-2026
Exhibit 96: Chart on Russia – Market size and forecast 2021-2026 ($ million)
Exhibit 97: Data Table on Russia – Market size and forecast 2021-2026 ($ million)
Exhibit 98: Chart on Russia – Year-over-year growth 2021-2026 (%)
Exhibit 99: Data Table on Russia – Year-over-year growth 2021-2026 (%)
8.11 UK – Market size and forecast 2021-2026
Exhibit 100: Chart on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 101: Data Table on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 102: Chart on UK – Year-over-year growth 2021-2026 (%)
Exhibit 103: Data Table on UK – Year-over-year growth 2021-2026 (%)
8.12 Canada – Market size and forecast 2021-2026
Exhibit 104: Chart on Canada – Market size and forecast 2021-2026 ($ million)
Exhibit 105: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
Exhibit 106: Chart on Canada – Year-over-year growth 2021-2026 (%)
Exhibit 107: Data Table on Canada – Year-over-year growth 2021-2026 (%)
8.13 Market opportunity by geography
Exhibit 108: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2021 and 2026
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
10.4 Industry risks
Exhibit 112: Impact of key risks on business
11 Vendor Analysis
11.1 Vendors covered
Exhibit 113: Vendors covered
11.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
11.3 Airbus SE
Exhibit 115: Airbus SE – Overview
Exhibit 116: Airbus SE – Business segments
Exhibit 117: Airbus SE – Key news
Exhibit 118: Airbus SE – Key offerings
Exhibit 119: Airbus SE – Segment focus
11.4 Antrix Corp Ltd.
Exhibit 120: Antrix Corp Ltd. – Overview
Exhibit 121: Antrix Corp Ltd. – Product / Service
Exhibit 122: Antrix Corp Ltd. – Key offerings
11.5 Geoimage
Exhibit 123: Geoimage – Overview
Exhibit 124: Geoimage – Product / Service
Exhibit 125: Geoimage – Key offerings
11.6 ImageSat International
Exhibit 126: ImageSat International – Overview
Exhibit 127: ImageSat International – Product / Service
Exhibit 128: ImageSat International – Key offerings
11.7 L3Harris Technologies Inc.
Exhibit 129: L3Harris Technologies Inc. – Overview
Exhibit 130: L3Harris Technologies Inc. – Business segments
Exhibit 131: L3Harris Technologies Inc. – Key news
Exhibit 132: L3Harris Technologies Inc. – Key offerings
Exhibit 133: L3Harris Technologies Inc. – Segment focus
11.8 Maxar Technologies Inc.
Exhibit 134: Maxar Technologies Inc. – Overview
Exhibit 135: Maxar Technologies Inc. – Business segments
Exhibit 136: Maxar Technologies Inc. – Key offerings
Exhibit 137: Maxar Technologies Inc. – Segment focus
11.9 Northrop Grumman Corp.
Exhibit 138: Northrop Grumman Corp. – Overview
Exhibit 139: Northrop Grumman Corp. – Business segments
Exhibit 140: Northrop Grumman Corp. – Key news
Exhibit 141: Northrop Grumman Corp. – Key offerings
Exhibit 142: Northrop Grumman Corp. – Segment focus
11.10 OHB System AG
Exhibit 143: OHB System AG – Overview
Exhibit 144: OHB System AG – Product / Service
Exhibit 145: OHB System AG – Key offerings
11.11 Planet Labs Inc.
Exhibit 146: Planet Labs Inc. – Overview
Exhibit 147: Planet Labs Inc. – Product / Service
Exhibit 148: Planet Labs Inc. – Key offerings
11.12 Thales Group
Exhibit 149: Thales Group – Overview
Exhibit 150: Thales Group – Business segments
Exhibit 151: Thales Group – Key offerings
Exhibit 152: Thales Group – Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 153: Inclusions checklist
Exhibit 154: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 155: Currency conversion rates for US$
12.4 Research methodology
Exhibit 156: Research methodology
Exhibit 157: Validation techniques employed for market sizing
Exhibit 158: Information sources
12.5 List of abbreviations
Exhibit 159: List of abbreviations
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Email: [email protected]
Website: www.technavio.com/
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