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    Earth Observation Satellite Market Research Report – Forecast to 2032 Infographic

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    Earth Observation Satellite Market

    ID: MRFR/A&D/4512-HCR
    100 Pages
    Swapnil Palwe
    September 2025

    Earth Observation Satellite Market Research Report Information by Applications (Infrastructure, Environment Monitoring, Energy, Natural Resources Monitoring, Maritime, Disaster Management, & Others), Payload Type, and Region Global Forecast to 2032

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    Earth Observation Satellite Market Research Report – Forecast to 2032 Infographic
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    Table of Contents

    Earth Observation Satellite Market Summary

    As per Market Research Future Analysis, the Earth Observation Satellite Market is projected to reach $0.5 Billion by 2030, with a CAGR of 6.90% during 2024-2032. These satellites are primarily designed for non-military applications, including climate monitoring, disaster assessment, and resource management. Operating at an altitude of 800 Km, they utilize advanced remote-sensing techniques to gather critical data. The market is experiencing rapid growth, driven by emerging satellite constellations and technological advancements. However, challenges such as high initial costs and coordination issues persist. The North America region is expected to dominate the market due to significant investments in surveillance technologies, followed by the Asia Pacific region, which is also seeing growth in commercial applications.

    Key Market Trends & Highlights

    Key trends shaping the Earth Observation Satellite Market include technological advancements and strategic collaborations.

    • Market Size is projected to reach $0.5 Billion by 2030.
    • CAGR of 6.90% expected during 2024-2032.
    • Environmental monitoring holds the largest market share due to increasing demand for real-time weather data.
    • SATCOM is the most demanded payload type in the market.

    Market Size & Forecast

    Market Size USD 0.5 Billion by 2030
    CAGR 6.90% from 2024-2032

    Major Players

    Key players include Airbus Defence and Space, OHB SE, Boeing Defense Space & Security, JSC Information Satellite Systems, Lockheed Martin, Orbital ATK, Space Systems/Loral, Thales Alenia Space, and Space Exploration Technologies Corp.

    Earth Observation Satellite Market Trends

    The Global Earth Observation Satellite Market is poised for robust growth, driven by increasing demand for environmental monitoring and disaster management capabilities.

    National Oceanic and Atmospheric Administration (NOAA)

    Earth Observation Satellite Market Drivers

    Market Growth Projections

    The Global Earth Observation Satellite Market Industry is projected to experience substantial growth over the next decade. With a market value of 0.29 USD Billion in 2024, it is anticipated to reach 0.7 USD Billion by 2035. This growth is underpinned by a compound annual growth rate (CAGR) of 8.21% from 2025 to 2035. Factors contributing to this expansion include increasing demand for satellite data across various sectors, advancements in technology, and heightened government support. The market's trajectory indicates a promising future, as stakeholders recognize the critical role of Earth observation satellites in addressing global challenges.

    Government Initiatives and Funding

    Government initiatives and funding significantly influence the Global Earth Observation Satellite Market Industry. Many countries are investing in satellite programs to enhance their capabilities in monitoring and managing natural resources. For instance, the United States government has allocated substantial budgets for NASA and NOAA satellite missions, which provide critical data for weather forecasting and climate research. These investments not only support national interests but also foster international collaboration in satellite data sharing. As a result, the market is expected to grow, with projections indicating a rise from 0.29 USD Billion in 2024 to 0.7 USD Billion by 2035, driven by increased government support and funding.

    Growing Applications in Agriculture

    The application of Earth observation satellites in agriculture is rapidly expanding, contributing to the growth of the Global Earth Observation Satellite Market Industry. Farmers and agronomists utilize satellite imagery for precision agriculture, enabling them to monitor crop health, optimize resource usage, and improve yields. For example, satellite data can help identify areas of drought or pest infestations, allowing for timely interventions. This trend is likely to continue, with the market projected to grow from 0.29 USD Billion in 2024 to 0.7 USD Billion by 2035, as more agricultural stakeholders recognize the benefits of satellite technology in enhancing food security and sustainability.

    Advancements in Satellite Technology

    Technological advancements play a pivotal role in shaping the Global Earth Observation Satellite Market Industry. Innovations in satellite design, miniaturization, and sensor technology enhance data collection capabilities. For example, the deployment of small satellites, or CubeSats, allows for more frequent and cost-effective data acquisition. These advancements not only improve the quality of data but also expand the range of applications, including agriculture, urban planning, and disaster management. As technology continues to evolve, the market is poised for growth, with an anticipated increase in market value from 0.29 USD Billion in 2024 to 0.7 USD Billion by 2035, reflecting the growing reliance on satellite data across various sectors.

    Emerging Markets and Global Collaboration

    Emerging markets are increasingly recognizing the value of Earth observation satellites, which is driving growth in the Global Earth Observation Satellite Market Industry. Countries in Asia, Africa, and South America are investing in satellite technology to address local challenges such as urbanization, resource management, and disaster response. Collaborative efforts, such as the Group on Earth Observations, facilitate data sharing and capacity building among nations. This trend suggests a robust growth trajectory, with the market expected to expand from 0.29 USD Billion in 2024 to 0.7 USD Billion by 2035, reflecting the global commitment to leveraging satellite data for sustainable development.

    Increasing Demand for Environmental Monitoring

    The Global Earth Observation Satellite Market Industry experiences a surge in demand for environmental monitoring solutions. Governments and organizations are increasingly utilizing satellite data to track climate change, deforestation, and natural disasters. For instance, the European Space Agency's Copernicus program provides critical data for monitoring land use and environmental changes. This heightened focus on sustainability and environmental protection is expected to drive the market's growth, with projections indicating a market value of 0.29 USD Billion in 2024, potentially reaching 0.7 USD Billion by 2035. The compound annual growth rate (CAGR) of 8.21% from 2025 to 2035 underscores the importance of satellite technology in addressing global environmental challenges.

    Market Segment Insights

    Regional Insights

    Key Companies in the Earth Observation Satellite Market market include

    Industry Developments

    • Q2 2024: SpaceX wins $1.8 billion U.S. spy satellite contract SpaceX secured a $1.8 billion contract from the U.S. National Reconnaissance Office to build and launch at least 100 spy satellites, with six launches already completed in 2024.
    • Q2 2024: NASA awards $476 million contract for commercial satellite data acquisition NASA announced a $476 million contract to acquire commercial Earth observation satellite data, supporting its research and monitoring programs.
    • Q2 2024: NGA launches $290 million program for global monitoring analytics The NGA initiated a $290 million program to acquire analytics for continuous global monitoring, leveraging commercial Earth observation satellite data providers.
    • Q2 2024: Pixxel raises $36 million Series B to expand hyperspectral satellite constellation Indian startup Pixxel closed a $36 million Series B funding round to accelerate deployment of its hyperspectral Earth observation satellites.
    • Q1 2024: Maxar Technologies and Satellogic announce strategic partnership for data analytics Maxar Technologies and Satellogic entered a partnership to jointly offer advanced Earth observation data analytics to government and commercial clients.
    • Q2 2024: Indonesia signs multi-million dollar contract for new Earth observation satellites The Indonesian government signed a contract with an international consortium to acquire new Earth observation satellites for environmental and disaster monitoring.
    • Q2 2024: Capella Space secures $60 million in new funding for SAR satellite expansion Capella Space raised $60 million in a funding round to expand its synthetic aperture radar (SAR) satellite constellation for global Earth observation.
    • Q1 2024: BlackSky Technology wins $50 million contract with U.S. Department of Defense BlackSky Technology was awarded a $50 million contract to provide real-time geospatial intelligence and Earth observation data to the U.S. Department of Defense.
    • Q2 2024: Morocco signs deal for advanced Earth observation satellite system Morocco finalized an agreement to procure a new advanced Earth observation satellite system to enhance its agricultural and security monitoring capabilities.
    • Q1 2024: Planet Labs launches new high-resolution Earth observation satellites Planet Labs successfully launched a new batch of high-resolution Earth observation satellites, expanding its global imaging capabilities.
    • Q2 2024: Poland invests in national Earth observation satellite program The Polish government announced a major investment in a national Earth observation satellite program to support environmental and security initiatives.
    • Q2 2024: OroraTech opens new satellite manufacturing facility in Munich OroraTech inaugurated a new manufacturing facility in Munich to scale production of its wildfire monitoring Earth observation satellites.

    The report for Global Earth Observation Satellite Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economic and governing factors in the market. The report provides details information and strategies of the top key players in the industry.

    The report also gives a broad study of the different market segments and regions.

     

    Future Outlook

    Earth Observation Satellite Market Future Outlook

    The Earth Observation Satellite Market is projected to grow at an 8.21% CAGR from 2024 to 2035, driven by advancements in technology, increasing demand for environmental monitoring, and government investments.

    New opportunities lie in:

    • Develop AI-driven analytics platforms for satellite data interpretation.
    • Expand partnerships with agricultural firms for precision farming solutions.
    • Invest in miniaturized satellite technology for cost-effective deployment.

    By 2035, the Earth Observation Satellite Market is expected to be a pivotal component of global data infrastructure.

    Market Segmentation

    Report Scope

    Report Attribute/Metric Details
    Market Size 2032 USD 0.5 Billion
    Compound Annual Growth Rate (CAGR) 6.90% (2023-2030)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Applications, Payload Type and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Airbus Defence and Space (U.S.), OHB SE (Germany), Boeing Defense Space & Security (U.S.), JSC Information Satellite Systems (Russia), Lockheed Martin (U.S.), Orbital ATK (U.S.), Space Systems/Loral (U.S.), Thales Alenia Space (France), and Space Exploration Technologies Corp. (U.S.).
    Key Market Opportunities Developing economies create new growth opportunities
    Key Market Dynamics Changing landscape in the space industry will affect the earth observation industry

    Market Highlights

    Author
    Swapnil Palwe
    Team Lead - Research

    With a technical background as Bachelor's in Mechanical Engineering, with MBA in Operations Management , Swapnil has 6+ years of experience in market research, consulting and analytics with the tasks of data mining, analysis, and project execution. He is the POC for our clients, for their consulting projects running under the Automotive/A&D domain. Swapnil has worked on major projects in verticals such as Aerospace & Defense, Automotive and many other domain projects. He has worked on projects for fortune 500 companies' syndicate and consulting projects along with several government projects.

    Get In Touch
    Leave a Comment

    FAQs

    What CAGR can the market attain in the coming years?

    The market can attain a growth rate close to 6.90% from 2023 to 2030.

    What factors bolster the market growth in North America?

    High investments in surveillance and monitoring technologies along with the rising use of earth observation satellite in civil operations, such as tactical support, border control, environmental monitoring, risk management, counter-piracy actions and natural disaster management bolster the market growth in North America.

    How is the APAC market expected to fare during the review period?

    The APAC market can secure the second spot in the market owing to the large number of companies operating in the commercial vertical in the disaster management and media and entertainment sectors, which boosts the use of earth observation satellites.

    Which application is expected to be the top segment in the market?

    Environment monitoring is widely used and forms the biggest share in the worldwide market.

    Which payload type is leading the market?

    Among payload type, SATCOM has the largest demand in the earth observation satellite market during the forecast period.

    1.    Executive Summary
    2.    Scope
    3. of the Report
      1.    Market Definition
      2.    Scope of the Study
        1.    Definition
        2.    Research
    4. Objective
      1.    Assumptions
        1.    Limitations
      2.    Research Process
        1.    Primary Research
        2.    Secondary Research
      3.    Market size Estimation
      4.    Forecast Model
    5.    Market Landscape
    6.    Porter’s Five Forces Analysis
      1.    Threat
    7. of New Entrants
      1.    Bargaining power of buyers
    8.  Threat of substitutes
      1.    Segment rivalry
    9.  Bargaining Power of Buyers
      1.    Value Chain/Supply Chain
    10. Analysis
    11.    Market Dynamics
      1.    Introduction
      2.    Market Drivers
      3.    Market Restraints
    12.    Market Opportunities
      1.    Market Trends
    13.    Global Earth Observation Satellite, By Applications 
      1.    Introduction
      2.    Infrastructure
    14.    Market Estimates & Forecast, 2020-2027
      1.    Market
    15. Estimates & Forecast by Region, 2020-2027
      1.    Environment
    16. Monitoring
      1.    Market Estimates & Forecast, 2020-2027
        1.    Market Estimates & Forecast by Region, 2020-2027
    17.    Energy
      1.    Market Estimates & Forecast, 2020-2027
        1.    Market Estimates & Forecast by Region, 2020-2027
    18.    Natural Resources Monitoring
      1.    Market Estimates
    19. & Forecast, 2020-2027
      1.    Market Estimates & Forecast
    20. by Region, 2020-2027
      1.    Maritime
        1.    Market
    21. Estimates & Forecast, 2020-2027
      1.    Market Estimates &
    22. Forecast by Region, 2020-2027
      1.    Disaster Managements
    23.    Market Estimates & Forecast, 2020-2027
      1.    Market
    24. Estimates & Forecast by Region, 2020-2027
      1.    Others
    25.    Market Estimates & Forecast, 2020-2027
      1.    Market
    26. Estimates & Forecast by Region, 2020-2027
    27.    Global Earth Observation
    28. Satellite, By Payload Type 
      1.    Introduction
    29.  SATCOM
      1.    Market Estimates & Forecast, 2020-2027
        1.    Market Estimates & Forecast by Region, 2020-2027
    30.    EO/IR
      1.    Market Estimates & Forecast, 2020-2027
        1.    Market Estimates & Forecast by Region, 2020-2027
    31.    Communication
      1.    Market Estimates & Forecast,
        1.    Market Estimates & Forecast by Region, 2020-2027
      2.    Imaging
        1.    Market Estimates & Forecast,
        2.    Market Estimates & Forecast by Region, 2020-2027
      3.    Navigation
        1.    Market Estimates & Forecast,
        2.    Market Estimates & Forecast by Region, 2020-2027
    32.    Global Earth Observation Satellite, By Region
      1.    Introduction
      2.    America
        1.    Market Estimates & Forecast,
        2.    Market Estimates & Forecast by Applications,
        3.    Market Estimates & Forecast by Payload Type,
        4.    U.S.
    33. & Forecast, 2020-2027
      1.    Market Estimates & Forecast
    34. by Applications, 2020-2027
      1.    Market Estimates & Forecast
    35. by Payload Type, 2020-2027
      1.    Canada
        1.    Market
    36. Estimates & Forecast, 2020-2027
      1.    Market Estimates &
    37. Forecast by Applications, 2020-2027
      1.    Market Estimates &
    38. Forecast by Payload Type, 2020-2027
      1.    Europe
    39.  Market Estimates & Forecast, 2020-2027
      1.    Market
    40. Estimates & Forecast by Applications, 2020-2027
      1.    Market
    41. Estimates & Forecast by Payload Type, 2020-2027
      1.    U.K
        1.    Market Estimates & Forecast, 2020-2027
    42.  Market Estimates & Forecast by Applications, 2020-2027
    43.  Market Estimates & Forecast by Payload Type, 2020-2027
    44.  Germany
      1.    Market Estimates & Forecast, 2020-2027
        1.    Market Estimates & Forecast by Applications, 2020-2027
        2.    France
        3.    Italy
    45. & Forecast, 2020-2027
      1.    Market Estimates & Forecast
    46. by Applications, 2020-2027
      1.    Market Estimates & Forecast
    47. by Payload Type, 2020-2027
      1.    Rest of Europe
    48.  Market Estimates & Forecast, 2020-2027
      1.    Market
    49. Estimates & Forecast by Applications, 2020-2027
      1.    Market
    50. Estimates & Forecast by Payload Type, 2020-2027
      1.    Asia Pacific
        1.    Market Estimates & Forecast, 2020-2027
    51.  Market Estimates & Forecast by Applications, 2020-2027
    52.  Market Estimates & Forecast by Payload Type, 2020-2027
    53.  China
      1.    Market Estimates & Forecast, 2020-2027
        1.    Market Estimates & Forecast by Applications, 2020-2027
        2.    Japan
        3.    India
    54. & Forecast, 2020-2027
      1.    Market Estimates & Forecast
    55. by Applications, 2020-2027
      1.    Market Estimates & Forecast
    56. by Payload Type, 2020-2027
      1.    Rest of Asia Pacific
    57.    Market Estimates & Forecast, 2020-2027
      1.    Market
    58. Estimates & Forecast by Applications, 2020-2027
      1.    Market
    59. Estimates & Forecast by Payload Type, 2020-2027
      1.    Middle
    60. East & Africa
      1.    Market Estimates & Forecast, 2020-2027
        1.    Market Estimates & Forecast by Applications, 2020-2027
        2.    Market Estimates & Forecast by Payload Type, 2020-2027
      2.    South America
        1.    Market Estimates &
    61. Forecast, 2020-2027
      1.    Market Estimates & Forecast by Applications,
        1.    Market Estimates & Forecast by Payload Type,
    62.    Competitive Landscape
    63.    Company
    64. Profile
      1.    Airbus Defence and Space
        1.    Company
    65. Overview
      1.    Financial Overview
        1.    Product
    66. Offerings
      1.    Key Developments
        1.    SWOT
    67. Analysis
      1.    OHB SE
        1.    Company Overview
        2.    Financial Overview
        3.    Product Offerings
        4.    Key Developments
        5.    SWOT Analysis
      2.    Boeing Defense Space and Security
        1.    Company
    68. Overview
      1.    Financial Overview
        1.    Product
    69. Offerings
      1.    Key Developments
        1.    SWOT
    70. Analysis
      1.    JSC Information Satellite Systems
    71.  Company Overview
      1.    Financial Overview
    72.  Product Offerings
      1.    Key Developments
    73.  SWOT Analysis
      1.    Lockheed Martin
        1.    Company
    74. Overview
      1.    Financial Overview
        1.    Product
    75. Offerings
      1.    Key Developments
        1.    SWOT
    76. Analysis
      1.    Orbital ATK
        1.    Company Overview
        2.    Financial Overview
        3.    Product Offerings
        4.    Key Developments
        5.    SWOT Analysis
      2.    Space Systems/ Loral
        1.    Company
    77. Overview
      1.    Financial Overview
        1.    Product
    78. Offerings
      1.    Key Developments
        1.    SWOT
    79. Analysis
      1.    Thales Alenia Space
        1.    Company
    80. Overview
      1.    Financial Overview
        1.    Product
    81. Offerings
      1.    Key Developments
        1.    SWOT
    82. Analysis
      1.    Space Exploration Technologies Corp. 
    83.    Company Overview
      1.    Financial Overview
    84.    Product Offerings
      1.    Key Developments
    85.    SWOT Analysis
    86. By Region, 2020-2027  
    87. America Global Earth Observation Satellite: By Country, 2020-2027  
    88.         Europe Global Earth Observation Satellite:
    89. By Country, 2020-2027  
    90. Pacific Global Earth Observation Satellite: By Country, 2020-2027  
    91.         Middle East & Africa Global Earth Observation
    92. Satellite: By Country, 2020-2027  
    93.  South America Global Earth Observation Satellite: By Country, 2020-2027  
    94. By Applications, By Regions, 2020-2027  
    95. America Global Earth Observation Satellite, By Applications, By Country, 2020-2027
    96. Satellite, By Applications, By Country, 2020-2027  
    97.  Asia Pacific Global Earth Observation Satellite by Applications, By Country,
    98. Earth Observation Satellite by Applications, By Country, 2020-2027 
    99.     South America Global Earth Observation Satellite by Applications,
    100. By Country, 2020-2027 
    101. Satellite: By Region, 2020-2027  
    102. Observation Satellite: By Applications, 2020-2027  
    103.  Global Earth Observation Satellite: By Payload Type, 2020-2027  
    104.     North America Global Earth Observation Satellite, By Country
    105. By Applications 
    106. Observation Satellite, By Country  
    107.  Global Earth Observation Satellite, By Applications 
    108.  Europe:  Global Earth Observation Satellite, By Payload Type 
    109. By Country  
    110. Observation Satellite, By Applications 
    111. Pacific:  Global Earth Observation Satellite, By Payload Type
    112.  Middle East & Africa:  Global Earth Observation Satellite, By Region
    113. Satellite, By Applications 
    114. Africa:  Global Earth Observation Satellite, By Payload Type
    115.  South America:  Global Earth Observation Satellite, By Region
    116.     South America: Global Earth Observation Satellite, By Applications 
    117. By Payload Type
    118. Process of MRFR
    119. analysis: market drivers
    120. restraints
    121. Earth Observation Satellite SHARE, By Applications, 2020 (%)
    122.  Global Earth Observation Satellite, By Applications, 2020-2027 (USD MILLION)
    123. Type, 2020 (%)
    124. By Payload Type, 2020-2027 (USD MILLION)
    125. Earth Observation Satellite SHARE (%), BY REGION, 2020
    126.  Global Earth Observation Satellite, BY REGION, 2020-2027 (USD MILLION)
    127. Satellite BY Country, 2020-2027 (USD MILLION)
    128. Global Earth Observation Satellite SHARE (%), 2020
    129. Global Earth Observation Satellite BY Country, 2020-2027 (USD MILLION)
    130.     Asia Pacific Global Earth Observation Satellite SHARE (%),
    131. BY Country, 2020-2027 (USD MILLION)
    132. & Africa Global Earth Observation Satellite SHARE (%), 2020
    133.  Middle East & Africa Global Earth Observation Satellite BY Country, 2020-2027
    134. (USD MILLION)
    135. Satellite SHARE (%), 2020
    136. Earth Observation Satellite BY Country, 2020-2027 (USD MILLION)

    Earth Observation Satellite Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Earth Observation Satellite Market Research Report – Forecast to 2032 Infographic
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