Market Overview:
The global earth observation market is expected to grow from USD 9.5 billion in 2018 to USD 21.8 billion by 2030, at a CAGR of 10.9% during the forecast period. The growth of the market can be attributed to the increasing demand for earth observation data and value-added services (VAS) across different applications, such as agriculture, defense, disaster management, and energy. Furthermore, the increasing investments in earth observation infrastructure by governments and private organizations are also contributing to the growth of this market.
Product Definition:
Earth observation is the acquisition and interpretation of information about Earth's land, oceans, atmosphere, ice caps and environment from remote sensing satellites. It has many applications in a variety of fields such as meteorology, climatology, geography, oceanography, agriculture and forestry.
EO Data:
EO data is the information that can be obtained from earth observation systems and it helps in gaining knowledge about the earth's surface, atmosphere, and space environment. Earth observation system uses various sensors to gather EO data which are further processed by computers for analysis.
Value-added Services (VAS):
Value-added services (VAS) are the interactive and customized data products that result from combining traditional information sources with new digital technologies. VAS is a set of processes applied to any raw data by companies for transforming it into useful insights. It includes several activities such as geotagging, annotation, filtering, categorization, etc., which are performed on the original information before its delivery to customers.
Application Insights:
The defense segment dominated the global earth observation market in 2017. The growing need for advanced technology and surveillance systems to detect and prevent criminal activities such as terrorism, smuggling, trafficking of drugs & humans is expected to drive the demand for satellite imagery in this sector. Moreover, countries such as China and India are focusing on using data from space-based observations to improve agricultural productivity.
The agriculture segment accounted for a significant share in the overall revenue in 2017 owing to increasing demand from developed economies of North America and Europe for precision farming techniques using satellite imagery. Moreover, rising awareness among farmers about crop health monitoring through regular analysis of remotely sensed images is expected to fuel industry growth over the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2016. The regional market is expected to grow at a CAGR of XX% from 2017 to 2030 owing to the presence of key industry players and increased adoption by governments for disaster management, defense, and energy applications. Moreover, initiatives such as Copernicus Programme launched by European Union are expected to fuel growth over the forecast period.
The Asia Pacific region is anticipated witness significant growth during the forecast period owing to increasing government expenditure on earth observation systems coupled with growing investments by various companies for developing new products and services based on satellite data. Furthermore, rising awareness among farmers regarding soil moisture content using remote sensing images will drive demand further over the next eight years in this region.
Growth Factors:
- Increasing demand for earth observation data from commercial and government sectors for various applications such as disaster management, land use planning, agriculture, forestry etc.
- Development of new earth observation satellites and sensors with enhanced capabilities providing high-resolution images and data at low cost.
- Proliferation of small satellite constellations that can provide frequent revisit to specific areas on Earth for monitoring purposes.
- Advancements in big data analytics and machine learning that can help make better use of large volumes of earth observation data for various applications such as urban planning, climate change research etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Earth Observation Market Research Report
By Type
EO Data, Value-added Services (VAS)
By Application
Agriculture, Defense, Disaster Management, Energy
By Companies
DigitalGlobe, DMC International Imaging, MDA Information System , Skybox Imaging (Google), ImageSat International, BlackBridge Group (Rapid Eye), Deimos Imaging, EGEO, GeoOptics, HisdeSAT Servicios Estrategicos, PlanetiQ, Planet Labs, Satellogic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Earth Observation Market Report Segments:
The global Earth Observation market is segmented on the basis of:
Types
EO Data, Value-added Services (VAS)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Defense, Disaster Management, Energy
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DigitalGlobe
- DMC International Imaging
- MDA Information SystemÂ
- Skybox Imaging (Google)
- ImageSat International
- BlackBridge Group (Rapid Eye)
- Deimos Imaging
- EGEO
- GeoOptics
- HisdeSAT Servicios Estrategicos
- PlanetiQ
- Planet Labs
- Satellogic
Highlights of The Earth Observation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- EO Data
- Value-added Services (VAS)
- By Application:
- Agriculture
- Defense
- Disaster Management
- Energy
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Earth Observation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Earth observation is the process of acquiring data about Earth from space. This data can be used to improve our understanding of Earth's environment, economy, and society.
Some of the key players operating in the earth observation market are DigitalGlobe, DMC International Imaging, MDA Information System‚Â , Skybox Imaging (Google), ImageSat International, BlackBridge Group (Rapid Eye), Deimos Imaging, EGEO, GeoOptics, HisdeSAT Servicios Estrategicos, PlanetiQ, Planet Labs, Satellogic.
The earth observation market is expected to register a CAGR of 10.9%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Earth Observation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Earth Observation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Earth Observation Market - Supply Chain
4.5. Global Earth Observation Market Forecast
4.5.1. Earth Observation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Earth Observation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Earth Observation Market Absolute $ Opportunity
5. Global Earth Observation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Earth Observation Market Size and Volume Forecast by Type
5.3.1. EO Data
5.3.2. Value-added Services (VAS)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Earth Observation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Earth Observation Market Size and Volume Forecast by Application
6.3.1. Agriculture
6.3.2. Defense
6.3.3. Disaster Management
6.3.4. Energy
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Earth Observation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Earth Observation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Earth Observation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Earth Observation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Earth Observation Demand Share Forecast, 2019-2029
9. North America Earth Observation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Earth Observation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Earth Observation Market Size and Volume Forecast by Application
9.4.1. Agriculture
9.4.2. Defense
9.4.3. Disaster Management
9.4.4. Energy
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Earth Observation Market Size and Volume Forecast by Type
9.7.1. EO Data
9.7.2. Value-added Services (VAS)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Earth Observation Demand Share Forecast, 2019-2029
10. Latin America Earth Observation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Earth Observation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Earth Observation Market Size and Volume Forecast by Application
10.4.1. Agriculture
10.4.2. Defense
10.4.3. Disaster Management
10.4.4. Energy
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Earth Observation Market Size and Volume Forecast by Type
10.7.1. EO Data
10.7.2. Value-added Services (VAS)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Earth Observation Demand Share Forecast, 2019-2029
11. Europe Earth Observation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Earth Observation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Earth Observation Market Size and Volume Forecast by Application
11.4.1. Agriculture
11.4.2. Defense
11.4.3. Disaster Management
11.4.4. Energy
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Earth Observation Market Size and Volume Forecast by Type
11.7.1. EO Data
11.7.2. Value-added Services (VAS)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potetial Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Earth Observation Demand Share, 2019-2029
12. Asia Pacific Earth Observation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Earth Observation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Earth Observation Market Size and Volume Forecast by Application
12.4.1. Agriculture
12.4.2. Defense
12.4.3. Disaster Management
12.4.4. Energy
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Earth Observation Market Size and Volume Forecast by Type
12.7.1. EO Data
12.7.2. Value-added Services (VAS)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Earth Observation Demand Share, 2019-2029
13. Middle East & Africa Earth Observation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Earth Observation Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Earth Observation Market Size and Volume Forecast by Application
13.4.1. Agriculture
13.4.2. Defense
13.4.3. Disaster Management
13.4.4. Energy
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Earth Observation Market Size and Volume Forecast by Type
13.7.1. EO Data
13.7.2. Value-added Services (VAS)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Earth Observation Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Earth Observation Market: Market Share Analysis
14.2. Earth Observation Distributors and Customers
14.3. Earth Observation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DigitalGlobe
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DMC International Imaging
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. MDA Information System
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Skybox Imaging (Google)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ImageSat International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BlackBridge Group (Rapid Eye)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Deimos Imaging
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. EGEO
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GeoOptics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. HisdeSAT Servicios Estrategicos
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PlanetiQ
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Planet Labs
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Satellogic
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook