Satellite-Based Earth Observation Market Size, Share, Analysis and Forecast to 2027

IMARC Group’s latest research report, titled “Satellite-based Earth Observation Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

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.

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

Satellite-Based Earth Observation Market

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Important Attribute and highlights of the Report:

  • Detailed analysis of the global market share
  • Market Segmentation by solution, end user and region.
  • Historical, current, and projected size of the market in terms of volume and value
  • Latest industry trends and developments
  • Competitive Landscape for Satellite-based Earth Observation Market
  • Strategies of major players and product offerings

The widespread adoption of smart and precision farming practices, on account of the declining arable land and the rising consumer concerns towards food security, is primarily driving the satellite-based earth observation market. Additionally, the growing utilization of high-accuracy datasets in defense and intelligence for airfield monitoring, critical infrastructure protection, land surveillance activities, crime mapping, etc., is further catalyzing the market growth. Besides this, the inflating need for satellite-based earth observation for the sustainable management of protected forest areas is acting as another significant growth-inducing factor. Moreover, the emerging trend of automated self-driving vehicles is augmenting the use of satellite-based earth observation systems in cars for navigation and several other applications, which is positively influencing the global market. Apart from this, numerous advancements in space-based technologies for supporting and increasing the safety and efficiency of international civilian air traffic are anticipated to the satellite-based earth observation market over the forecasted period.

Key Players Included in Global Research Report:

• 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

• Thales Group.

Do you know more information, Contact to our analyst at- https://www.imarcgroup.com/satellite-based-earth-observation-market

COVID-19 Impact Overview:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Segmentation:

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

TOC for the Satellite-based Earth Observation Market Research Report:

• Preface

• Scope and Methodology

• Executive Summary

• Introduction

• Global Satellite-based Earth Observation Market

• SWOT Analysis

• Value Chain Analysis

• Price Analysis

• Competitive Landscape

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:

IMARC Group

30 N Gould St, Ste R

Sheridan, WY (Wyoming) 82801 USA 

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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