Tue. Sep 26th, 2023
Satellite-based Earth Observation Market: Analysis and Outlook 2023-2030

The Satellite-based Earth Observation market is experiencing rapid expansion, making it essential for market players to conduct a comprehensive analysis of the sector. This research report and industry analysis provide an international perspective on the Satellite-based Earth Observation sector from 2023 to 2030.

The market is segmented based on End-user Industry (Defense and Intelligence, Infrastructure and Engineering, Natural Resource Management, Energy and Power, Others), Type (Data, VAS), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

Analytical techniques such as Porter’s Five Forces Analysis and PESTEL Analysis are used to provide a deep analysis of the micro- and macro-environmental factors influencing market expansion.

Key players in the market include UrtheCast Corp., Rapid Eye A.G., MDA Corp., Deimos Imaging, ImageSat International N.V, Planet Labs, Inc., Digital Globe, Inc., Dettwiler and Associates Ltd., GeoOptics, Inc., SL, PlanetIQ LLC, Airbus Defense and Space, Skybox Imaging, Inc.

The market has witnessed a growth from USD million to USD million between 2017 and 2022, with a projected CAGR reaching USD million in 2029.

The report focuses on market size, segment size, competitor landscape, recent status, development trends, and strategies for companies to overcome threats posed by COVID-19. Technological innovation and advancement are expected to optimize product performance and expand its applications in the downstream market.

The market’s growth is driven by increased R&D of therapeutic vaccines, diagnostic modalities, and combination therapies. The global economy, manufacturing sector, and production have been significantly impacted by the COVID-19 pandemic and regional conflicts, resulting in disruptions and financial constraints.

The report also discusses the major applications and types of Satellite-based Earth Observation, including Defense and Intelligence, Infrastructure and Engineering, Natural Resource Management, Energy and Power, and Others. SWOT analysis, revenue forecast, competitive landscape, growth factors, and trends are presented.

The goals of the report are to examine and assess the global market, analyze key players, identify market trends, assess market advantages and challenges, determine high-growth segments, and evaluate expansion plans of major players.

Overall, the Satellite-based Earth Observation market presents promising opportunities for growth, driven by advancements in technology and increasing demand for satellite-based data in various industries.