Earth Observation Satellite Market is projected to witness approximately 6.90% CAGR by 2030

Earth Observation Satellite Market is predicted to reach USD 0.5 Billion at a CAGR of 6.90% during the forecast period:

Market Research Future (MRFR) has published a cooked research report on the “Global Earth Observation Satellite Market” that contains information from 2018 to 2030. The Earth Observation Satellite market is estimated to register a CAGR of 6.90% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the global Earth Observation Satellite market—  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.).

Market Highlights

The global Earth Observation Satellite market is accounted to register a CAGR of 6.90% during the forecast period and is estimated to reach USD 0.5 Billion by 2030.

The Earth Observation Satellite Market refers to the global industry involved in the manufacturing, launching, and operation of satellites that collect data about Earth's surface and atmosphere for various purposes such as environmental monitoring, disaster management, and urban planning. It encompasses the commercial, governmental, and scientific sectors that utilize satellite imagery and remote sensing technologies for Earth observation applications.

Segment Analysis

The global Earth Observation Satellite market has been segmented based Product Type, Satellite Orbit and End-use

On the basis of Product Type, the market is segmented into EO Data and Value-Added Services.

Based on Satellite Orbit, the global Earth Observation Satellite market has been segmented into Low Earth Orbit, Medium Earth Orbit and Geostationary orbit.

Based on End Use, the global Earth Observation Satellite market has been segmented into Defense, Urban Development and Cultural Heritage, Agriculture, Climate Services, Energy and Raw Materials, Infrastructure and Others.

Regional Analysis

The global Earth Observation Satellite market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Earth Observation Satellite market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Earth Observation Satellite market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Earth Observation Satellite market comprises of Middle East, Africa, and Latin America.

North America holds a dominant position in the market, driven by the presence of major satellite manufacturers and operators such as SpaceX, NASA, and NOAA. Europe also contributes significantly to the market, with countries like France, Germany, and the United Kingdom playing a key role in satellite development and data utilization. The Asia Pacific region is witnessing rapid growth in the Earth Observation Satellite Market, driven by the increasing investments in space programs by countries like China and India. Additionally, emerging economies in Latin America and the Middle East are also showing promising growth opportunities in the market, fueled by the need for improved agricultural management and disaster response capabilities. Overall, the Earth Observation Satellite Market exhibits a diverse regional landscape with varying levels of technological advancements, market penetration, and application areas.

Key Findings of the Study

• The global Earth Observation Satellite market is expected to reach USD 0.5 Billion by 2030, at a CAGR of 6.90% during the forecast period.


• North America holds a dominant position in the market, driven by the presence of major satellite manufacturers and operators such as SpaceX, NASA, and NOAA. Europe also contributes significantly to the market, with countries like France, Germany, and the United Kingdom playing a key role in satellite development and data utilization.


• Based on Satellite Orbit, Low Earth Orbit, Medium Earth Orbit and Geostationary orbit.


• 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.).