Global Satellite Remote Sensing Market Analysis –Trends, Insights and Forecasts (2023-2030)

  • Publish Date
    August 27, 2023
  • No of Pages
  • SKU Code
    GIR 8040
  • Format

Report Overview

  • Understand the latest market trends and future growth opportunities for the Satellite Remote Sensing industry globally with research from the Global Industry Reports team of in-country analysts – experts by industry and geographic specialization.
  • Key trends are clearly and succinctly summarized alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight, and confident growth projections.
  • The report will cover the overall analysis and insights in relation to the size and growth rate of the “Satellite Remote Sensing Market” by various segments at a global and regional level for the 2010-2030 period, with 2010-2021 as historical data, 2022 as a base year, 2023 as an estimated year and 2023-2030 as forecast period.


  • In the changed post COVID-19 business landscape, the global market for Satellite Remote Sensing estimated at US$2.8 Billion in the year 2022, is projected to reach a revised size of US$5.7 Billion by 2030, growing at a CAGR of 9.4% over the analysis period 2022-2030.
  • Military & Intelligence, one of the segments analyzed in the report, is projected to record a 8.7% CAGR and reach US$2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Agriculture & Living Resources segment is readjusted to a revised 9.6% CAGR for the next 8-year period.
  • The Satellite Remote Sensing market in the U.S. is estimated at US$1.1Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$832.6 Million by the year 2030 trailing a CAGR of 11.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.1% and 8.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.7% CAGR.

Global Satellite Remote Sensing Market


  • Unit SalesAverage Selling PricesMarket Size & Growth Trends
  • COVID-19 Impact and Global Recession Analysis
  • Analysis of US inflation reduction act 2022
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Market Drivers & Limiters
  • Market Forecasts Until 2030, and Historical Data to 2015
  • Recent Mergers & Acquisitions
  • Company Profiles and Product Portfolios
  • Leading Competitors

The Global Satellite Remote Sensing Market Report Includes:

  • In-depth exploration of the industry, encompassing definitions, classifications, and the industry’s interconnected structure.
  • Examination of pivotal supply-side and demand trends.
  • Detailed breakdown of both international and local products.
  • Insight into historical volume and value dimensions, along with market shares of companies and brands.
  • Five-year predictions regarding market trends and growth.
  • A robust and transparent research methodology conducted within the country.
  • A blend of qualitative and quantitative analysis, grounded in segmentation that considers economic and non-economic aspects.
  • Provision of market value data (in USD Billion) for every segment and sub-segment.
  • Geographical, regional, national, and state-wise analysis.
  • A succinct overview of the commercial potential inherent in products, technologies, and applications.
  • Company profiles of key market players operating within the product category.
  • Descriptions of attributes and manufacturing processes.
  • Segmentation based on type, application, end-users, regions, and other factors.
  • Discussion about the current state, challenges, innovations, and future requirements of the market.
  • Examination of the market based on application and product sizes: utility-scale, medium scale, and small-scale.
  • Country-specific insights and analyses for major countries and regions.
  • Coverage of historical context, pivotal industrial developments, and regulatory frameworks.
  • Analysis of competitive movements, including agreements, expansions, new products, and mergers & acquisitions.
  • Exploration of opportunities for stakeholders and a depiction of the competitive landscape among market leaders.
  • Specialized coverage of significant global events, such as the Russia-Ukraine war, global inflation, China’s “zero-Covid” policy shift, supply chain disruptions, trade tensions, and the risk of recession.
  • Evaluation of global competitiveness and market shares among key competitors.
  • Presence assessment across various geographical markets: Strong, Active, Niche, Trivial.
  • Online, interactive, peer-to-peer collaborative updates.
  • Access to digital archives and the Market Research Platform.
  • Complimentary updates for a two-year period.

Satellite Remote Sensing Reports Scope and Segments:

Report Attribute Details
Market size in 2022 US$2.8 Billion
Market size forecast in 2030 US$5.7 Billion
Growth Rate CAGR of 9.4% from 2022 to 2030
Base year for estimation 2022
Historical data 2015 – 2022
Forecast period 2023 – 2030
Quantitative units Revenue in USD million and CAGR from 2023 to 2030
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, trends, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios

Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.

Segments covered  Technology, Type, Product, Resolution, Platform,  Application and Region
Regional scope North America; Europe; Asia Pacific; Latin America; Middle East and Africa and rest of the world
Country scope United States, China, Japan, Germany, India, United Kingdom, France, Brazil, Italy, Canada, South Korea, Australia, Russia, Spain, Mexico, Indonesia, Netherlands, Switzerland, Saudi Arabia, Turkey, Taiwan, Poland, Sweden, Belgium, Thailand, Austria, Nigeria, Argentina, United Arab Emirates, Iran, Norway, Israel, Ireland, Malaysia, Denmark, Singapore, Philippines, Pakistan, Finland, Chile, Vietnam, Greece, Czech Republic, Romania, Portugal, Peru, New Zealand, Hungary, Iraq, Bangladesh, Qatar, Kuwait, Ukraine, Egypt, Kazakhstan, Colombia, Angola, Algeria, Morocco, Slovakia, Oman, Puerto Rico, Ethiopia, Sudan, Kenya, Ghana, Dominican Republic, Myanmar, Tanzania, Ecuador, Belarus, Guatemala, Lithuania, Latvia, Sri Lanka, Nepal, Lebanon, Slovenia, Bahrain, Libya and others
Key companies profiled 21AT; AABSyS IT Pvt. Ltd.; Airbus Defence and Space; AirSage; Amzon; Antrix Corporation; Arianespace; BAE Systems; Ball Aerospace & Technologies Corp.; Beijing Space View Technology; BlackSky Global; Boeing Company; Capella Space; Descartes Labs; DigitalGlobe; DMCii (Disaster Monitoring Constellation International); Earth-i Ltd.; e-GEOS; EKOFASTBA; Esri; Eutelsat; General Dynamics Mission Systems, Inc.; Geo Sense; GeoOptics; GHGSat Inc.; Google; Harris Geospatial Solutions; Hexagon AB; IAI (Israel Aerospace Industries); ICEYE; ImageSat International N.V.; Intelsat; ISRO (Indian Space Research Organisation); L3 Harris Technologies; Lockheed Martin Corporation; Mallon Technology; Maxar Technologies Inc.; MdDA Information Systems Inc.; Mitsubishi Electric Corp.; Nanoracks; Northrop Grumman Corporation; OneWeb; Orbital Insight; Parrot SA; PixxelSpace India Private Limited; Planet Labs Inc.; Precisionhawk; Raytheon Technologies Corporation; Remote Sensing Solutions GmbH; Rocket Lab; Roscosmos; Safran Group; Satellite Imaging Corporation (SIC); Satellogic; Scanex; SES S.A.; SI Imaging Services; SIAC (Singapore Aerospace Industries); SIIS (Shanghai Institute of Satellite Engineering); Skybox Imaging; Spacex; Spire Global Inc.; SSTL (Surrey Satellite Technology Limited); Telespazio; Terra Bella (Google Earth); Thales Group; Trimble, Inc.; UrtheCast; VHR Satellite; Virgin and others
Customization scope Free report customization (equivalent up to 20 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.
Report Format PDF, PPT, Excel & Online User Account

Global Satellite Remote Sensing Market Report Segmented by:

Satellite Remote Sensing Market By Application:

  • Agriculture
  • Engineering & Infrastructure
  • Environmental & Weather
  • Energy & power
  • Transportation & Logistic
  • Defence & Security
  • Maritime
  • Insurance
  • Academic & Research
  • Earth Observation
  • Telecommunication
  • Meteorology
  • Mapping & Navigation
  • Disaster Management
  • Others

Satellite Remote Sensing Market By Platform:

  • Satellite
  • UAVs
  • Manned Aircraft
  • Ground
  • Radar
  • EO/IR

Satellite Remote Sensing Market By End Use:

  • Military & Government
  • Commercial

Satellite Remote Sensing Market By Resolution:

  • Spatial
  • Spectral
  • Radiometric
  • Temporal

Satellite Remote Sensing Market By Technology:

  • Active
  • Passive

Satellite Remote Sensing Market By Type:

  • Aerial Photography & Remote Sensing
  • Data Acquisition & Analytics

Satellite Remote Sensing Market By Region:

  • North America
  • Asia Pacific
  • Europe
  • Middle East & Africa
  • Latin America
  • Rest Of The World

Satellite Remote Sensing Services market size in India

Top Companies Covered in Global Satellite Remote Sensing Market Report:

21AT Lockheed Martin Corporation
AABSyS IT Pvt. Ltd. Mallon Technology
Aapah Innovations Malvern Panalytical Ltd
Airbus Defence and Space – Intelligence Maxar Technologies Inc.
AirSage MdDA Information Systems Inc.
Amzon Mitaka Europe GMBH
Antrix Corporation Mitsubishi Electric Corp.
Aptomar Nanoracks
ARGANS Ltd. National Aeronautics and Space Administration (NASA)
Arianespace NIRAS A/S
Atlogis Geoinformatics GmbH & Co. KG Northrop Grumman Corporation
Auracle Geospatial Science – Remote Sensing Division NSIL Corporation Limited
Axelspace OneWeb
BAE Systems ORBIT Communication Systems Ltd.
Ball Aerospace & Technologies Corp. Orbital Insight
Beijing Space View Technology Ornet Sdn Bhd.
BlackSky Global LLC Pachama Inc.
Boeing Company Parrot SA
Canadian Space Agency PixxelSpace India Private Limited
Capella Space Planet Labs Inc.
C-CORE Planetek Hellas
CGG S.A. Precisionhawk
Chang Guang Satellite Technology (CGSTL) Raytheon Technologies Corporation
China Acdemy of Space Technology (CAST) Remote Sensing Instruments (RSI)
China Aerospace Science and Technology Corporation (CASC) Remote Sensing Solutions GmbH
China Great Wall Industry Corporation Remote Sensing Systems
Chinese Academy of Sciences (CAS) – The Institute of Remote Rocket Lab
cloudeo Roscosmos
Commonwealth Scientific and Industrial Research Organisation Safran Group
COROBOR Systems Satellite Imaging Corporation (SIC)
Cyberswift LLC Satellogic
Dauria Aerospace SATPALDA
Descartes Labs Satsense Solutions Limited
DigitalGlobe Scanex
DMCii (Disaster Monitoring Constellation International) Sensing and Digital Earth (RADI)
DNV AS Sentinel Hub
Earth-i Ltd. SES S.A.
e-GEOS S.P.A Shaanxi Academy of Aerospace Technology Application Co., Ltd.
EGS, Inc. SI Imaging Services
EKOFASTBA SIAC (Singapore Aerospace Industries)
Elecnor Deimos SIIS (Shanghai Institute of Satellite Engineering)
EOatDHI Sinergise
Esri Skybox Imaging
European Space Agency Sky-Shine Corporation (M) Sdn Bhd
Eutelsat Skywatch
Finapp Slingshot Aerospace
GAF AG South African National Space Agency
General Dynamics Mission Systems, Inc. SPACE SHIFT Inc.
General Oceanics Spacebel
Geo Sense Spacex
Geofinancial Analytics SpecTIR LLC.
Geoimage Spectral Evolution
GeoOptics Spire Global Inc.
German Aerospace Center (DLR) SSTL (Surrey Satellite Technology Limited)
GHGSat Inc. Stantec, Inc.
GISTDA State Space Corporation ROSCOSMOS
Google Surrey Satellite Technology Ltd.
Hangzhou Zetian Technology Co., Ltd. Teledyne e2v
Harris Geospatial Solutions Telespazio
Hexagon AB Terra Bella (Google Earth)
Hi-phen Terra Remote Sensing Inc.
HiView B.V. Terrabotics
Hydroinnova LLC Terramonitor
I. M. Systems Group Inc. (IMSG) Thales Group
IAI (Israel Aerospace Industries) The Remote Sensing Technology Center of Japan (RESTEC)
Iceye OY The Sanborn Map Company, Inc.
ImageSat International N.V. Trimble, Inc.
Indian Space Research Organisation (ISRO) U.S. Naval Research Lab – Remote Sensing Division
Intellisense Systems, Inc. umitron
Intelsat UrtheCast
Intermap Technologies Corporation VHR Satellite
Koei Company Limited ViaSat, Inc.
Kongsberg Defence & Aerospace AS Virgin
L3 Harris Technologies VisionTech Inc.
LG Sonic VTT Technical Research Centre of Finland Ltd.

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Key Questions Answered in Global Satellite Remote Sensing Market Report:

  • Which are the major companies in the Remote Sensing Services market?
  • What are their major strategies to strengthen their market presence?
  • What are the drivers and opportunities for the Remote Sensing Services market?
  • Which region is expected to grow at the highest rate in the next five years?
  • Which type of Remote Sensing Services segment is expected to significantly lead in the coming years?
  • What are some of the technological advancements in the market?
  • What is Satellite Remote Sensing and how does it impact various industries?
  • How does Satellite Remote Sensing technology work to capture Earth’s data?
  • What are the key applications of Satellite Remote Sensing across different sectors?
  • How has Satellite Remote Sensing evolved over the years and what are the latest advancements?
  • What role does Satellite Remote Sensing play in environmental monitoring and climate studies?
  • What are the major satellite sensors used for Remote Sensing and what data do they collect?
  • How does Satellite Remote Sensing contribute to disaster management and emergency response?
  • What are the economic implications of Satellite Remote Sensing for businesses and governments?
  • How does Satellite Remote Sensing impact agriculture, forestry, and land management?
  • What are the challenges and limitations faced in global Satellite Remote Sensing deployment?
  • How do governments and organizations leverage Satellite Remote Sensing for urban planning?
  • What are the emerging trends in Satellite Remote Sensing, such as AI and machine learning integration?
  • How does Satellite Remote Sensing aid in water resource management and conservation?
  • What role does Satellite Remote Sensing play in marine and coastal monitoring?
  • How does Satellite Remote Sensing support scientific research and exploration?
  • What are the privacy and ethical concerns associated with Satellite Remote Sensing?
  • How does Satellite Remote Sensing technology enhance the accuracy of weather forecasting?
  • What industries are adopting Satellite Remote Sensing for market intelligence and analysis?
  • How do companies leverage Satellite Remote Sensing data for natural resource exploration?
  • What are the future prospects of the global Satellite Remote Sensing Market and its impact on society?
  • Executive Summary
  • Research Methodology
    • Primary Research
    • Secondary Research
    • Market Analytics
    • Revenue Forecasting
  • Market Overview
    • Market Definition
    • Scope of the Study
      • Research Objectives
      • Assumptions & Limitations
      • Market Structure
    • Market Dynamics
      • Introduction
      • Microeconomic Factor Analysis
      • Market Evolution
      • Technology Roadmap
      • Demand-Supply Dynamics
      • Growth Drivers
      • Restraints
      • Opportunities
      • Challenges
      • Sustainable Strategies
    • Market Trend Analysis (Product Analysis, Technology Analysis, Application Analysis)
    • Industry Analysis
      • Profitability analysis
      • Supply Chain & Value Chain Analysis
      • Porter’s Five Forces Analysis
        • Bargaining power of Suppliers
        • Bargaining Power of Buyers
        • Threat of substitutes
        • Threat of new entrants
        • Degree of Competition
      • PEST Analysis
      • Upstream and downstream profitability analysis and opportunities

Global Market Scope

  1. Market analysis by product category
  2. Market analysis by component / type
  3. Market analysis by technology
  4. Market analysis by application
  5. Market analysis by industry vertical
  6. Market analysis by end-use
  7. Market analysis by emerging technologies, trends and applications
  8. Market analysis by region
    • North America
      • US
      • Canada
      • Mexico
      • Others
    • South America
      • Brazil
      • Argentina
      • Chile
      • Colombia
      • Peru
      • Venezuela
      • Ecuador
      • Others
    • Europe
      • Germany
      • France
      • UK
      • Russia
      • Italy
      • Spain
      • Sweden
      • Netherlands
      • Poland
      • Austria
      • Belgium
      • Finland
      • Norway
      • Switzerland
      • Denmark
      • Czech Republic
      • Portugal
      • Others
    • Asia-Pacific
      • China
      • Japan
      • South Korea
      • Taiwan
      • India
      • Australia
      • Indonesia
      • Philippines
      • Malaysia
      • Others
    • Middle East
      • Iran
      • Turkey
      • Kuwait
      • UAE
      • Israel
      • Oman
      • Bahrain
      • Saudi Arabia
      • Qatar
      • Egypt
      • Others
    • Africa
      • Algeria
      • Libya
      • South Africa
      • Sudan
      • Zimbabwe
      • Others
  1. Competitive Landscape
    • Introduction
    • Market share analysis by key market players (North America, South America, Europe, APAC, Africa)
    • Market Strategy
    • Mergers and Acquisitions
    • New Product Launches
    • Asset Transactions
    • Financial Announcements
  2. Company Profile (key market players)
    • Company profile 1
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 2
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 3
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 4
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 5
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 6
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 7
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 8
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 9
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 10
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
  1. Other Companies



Research Methodology is the process used to collect information and data for the purpose of making business decisions. The success of a research project is entirely dependent on the research methodology adopted by the company. Research Methodology and Scope We have implemented a mix of primary and secondary research for our market estimate and forecast. Secondary research formed the initial phase of our study, where we conducted extensive data mining, referring to verified data sources such as independent studies, company annual reports, white papers, case studies, government and regulatory published articles, technical journals, magazines, and paid data sources. It was also used to obtain important information about the key players and market classification & segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for respective regions. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the respective regions. The primary data has been collected through questionnaires, e-mails, and telephonic interviews, end-user surveys, consumer surveys, technology distributors and wholesaler’s surveys.

  • Quantitative methods (e.g. surveys) are best for measuring, ranking, categorizing, identifying patterns and making generalizations
  • Qualitative methods (e.g. interviews) are best for describing, interpreting, contextualizing, and gaining in-depth insight into specific concepts or phenomena
  • Mixed methods allow for a combination of numerical measurement and in-depth exploration.

Market drivers and restraints, along with their current and expected impacts, technological scenario and expected developments, end-use industry trends and dynamics  and consumer behavior trends  these forecasting parameters were considered.

Ethical approach, attention to detail, consistency, latest trend in the market and highly authentic source these are benefits of company’s research methodology.

Global Industry Reports

Market size estimation methodology top-down and bottom-up approaches

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the virtual reality market. These methods have also been extensively used to estimate the sizes of various market subsegments. Estimating the size of the market in each region by adding the sizes of country-wise markets and tracking the ongoing and upcoming implementation of virtual reality projects by various companies in each region and forecasting the size of the virtual reality market based on these developments and other critical parameters, including COVID-19 related impacts

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. It provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, company profiles, key player strategies competitive developments and key developments) influencing the virtual reality market growth.

Statistical Model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis.