ASEAN Satellite-based Earth Observation Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

ASEAN Satellite-Based Earth Observation Market is Segmented by Type (Earth Observation Data, Value Added Services), Satellite Orbit (Low Earth Orbit, Medium Earth Orbit, Geostationary Orbit), End-Use (Urban Development and Cultural Heritage, Agriculture, Climate Services, Energy and Raw Materials, Infrastructure), and Country. The Market Sizes and Forecasts are Provided for A Value of USD for all the Above Segments.

ASEAN Satellite-based Earth Observation Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

ASEAN Satellite-based Earth Observation Market Size

ASEAN Satellite-based Earth Observation Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 0.23 Billion
Market Size (2030) USD 0.41 Billion
CAGR (2025 - 2030) 12.59 %
Market Concentration Medium

Major Players

ASEAN Satellite-based Earth Observation Market Major Players

*Disclaimer: Major Players sorted in no particular order

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ASEAN Satellite-based Earth Observation Market Analysis

The ASEAN Satellite-based Earth Observation Market size is estimated at USD 0.23 billion in 2025, and is expected to reach USD 0.41 billion by 2030, at a CAGR of 12.59% during the forecast period (2025-2030).

The region's priority in introducing satellites for Earth observation is enabling the end-users of the services to improve their capabilities for reducing disaster risk, managing land use, monitoring agriculture, etc., which drives the market in the ASEAN region.

  • The governments of ASEAN countries, including Singapore, Thailand, etc., have been strengthening their satellite ecosystems supported by the collaborations among satellite data providers and satellite operators in transforming disaster response and environmental monitoring in the ASEAN region with advanced satellite data and monitoring services, which is driving the market in the region.
  • For instance, in May 2023, Thaicom, a satellite operator and provider of space technology based in Thailand, and Synspective Inc., a provider of satellite data and solutions, collaborated to benefit Thailand's businesses by enhancing disaster response, environmental monitoring, agricultural productivity, and infrastructure planning.
  • The broad application of satellite-based earth observations in rapid assessment of the damage caused by natural disasters, such as earthquakes, floods, and landslides, to monitoring environmental changes, such as deforestation, is fueling market adoption in various end users. 
  • In addition, the satellite-based EO services can be used to monitor infrastructure, such as roads, bridges, and buildings, for damage and displacement are accelerating the demand for the services in the ASEAN region due to high infrastructure development in the Philippines, Malaysia, Indonesia, etc.
  • However, the challenge in using earth observation data is the cost of collecting and processing information, which may be a constraint for some businesses due to low capital. In addition, extensive knowledge and computational capacity are needed for interpreting and evaluating the data. Furthermore, various security and protection procedures are in place to secure the information, which may lower its usage and adoption due to the complexity of the services.

ASEAN Satellite-based Earth Observation Industry Overview

The ASEAN Satellite-based Earth Observation Market is semi-consolidated and consists of many multinational market vendors, which have partnered with local vendors and end users to provide EO data services. The market share is majorly captured by the top players in the country, such as ST Engineering, Spire Global Inc, Airbus SE, NEC Corporation, etc.

In April 2023, ST Engineering introduced a PolSAR satellite called TeLEOS-2 in association with Singapore's Defence Science and Technology Agency and successfully launched it into orbit. The satellite can capture high-resolution day and night images under all weather conditions and with full polarimetry for a broader range of satellite data applications, such as Earth Observation data services that provide enhanced coverage of major shipping routes and disaster-prone regions in the ASEAN countries, including Singapore.

ASEAN Satellite-based Earth Observation Market Leaders

  1. ST Engineering

  2. Spire Global, Inc.

  3. Airbus SE

  4. NEC Corporation

  5. Maxar Technologies Inc

  6. *Disclaimer: Major Players sorted in no particular order
ASEAN Satellite-based Earth Observation Market Concentration
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ASEAN Satellite-based Earth Observation Market News

  • February 2023: An MOU was formed to establish an international space collaboration between the Geo-Informatics and Space Technology Development Agency (GISTDA) of Thailand and the Office for Space Technology & Industry, Singapore (OSTIn) to develop a framework for close collaboration on Earth observation (EO) applications between the two countries of the ASEAN region, which would create an opportunity for the market vendors.
  • May 2023: Airbus planned its satellite service expansion in Malaysia due to the strong potential in Malaysia's Space sector and strategized to contribute further to the country's sovereign Space development journey with its additional satellite launched in June 2022. Airbus and MYSA have been partnered in space collaborators in the areas of satellite imagery, systems, and services, which includes Airbus' collaboration with MYSA for the constellation of Earth observation satellites entirely funded, manufactured, owned, and operated by Airbus, enabling MYSA to use the satellite-based Earth observation services.

ASEAN Satellite-based Earth Observation Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Buyers
    • 4.2.2 Bargaining Power of Suppliers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitutes
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Industry Value Chain Analysis
  • 4.4 Assessment of the Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Government Initiatives and Investments
    • 5.1.2 Technological Advancements
  • 5.2 Market Restraints
    • 5.2.1 Budget Constraints and Technological Limitations
    • 5.2.2 Regulatory and Legal Challenges

6. MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 Earth Observation Data
    • 6.1.2 Value Added Services
  • 6.2 By Satellite Orbit
    • 6.2.1 Low Earth Orbit
    • 6.2.2 Medium Earth Orbit
    • 6.2.3 Geostationary Orbit
  • 6.3 By End-use
    • 6.3.1 Urban Development and Cultural Heritage
    • 6.3.2 Agriculture
    • 6.3.3 Climate Services
    • 6.3.4 Energy and Raw Materials
    • 6.3.5 Infrastructure
    • 6.3.6 Others
  • 6.4 By Country
    • 6.4.1 Thailand
    • 6.4.2 Indonesia
    • 6.4.3 Malaysia
    • 6.4.4 Philippines
    • 6.4.5 Others

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 ST Engineering
    • 7.1.2 Spire Global, Inc.
    • 7.1.3 Airbus SE
    • 7.1.4 NEC Corporation
    • 7.1.5 Maxar Technologies Inc.
    • 7.1.6 Thales Group
    • 7.1.7 Boeing Co
    • 7.1.8 Philippine Earth Data Resource Observation Center
    • 7.1.9 EOMAP Indonesia.
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. MARKET OPPORTUNITIES AND FUTURE TRENDS

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ASEAN Satellite-based Earth Observation Industry Segmentation

ASEAN Satellite-based Earth Observation Market includes the EO data and Value added services provided by the market vendors in the region, which get the information through payloads (Scientific and technological instruments) attached to satellites to acquire imaging data about the Earth's characteristics. Additionally, the images are processed and analyzed to give insights from the data that can be applied to various fields and applications.

ASEAN satellite-based earth observation market is segmented by type (earth observation data, value added services), satellite orbit (low earth orbit, medium earth orbit, geostationary orbit), end-user (urban development and cultural heritage, agriculture, dlimate services, energy and raw materials, infrastructure, Others), and country (Thailand, Indonesia, Malaysia, Philippines, Others). The market sizes and forecasts are provided for a value of USD for all the above segments.

By Type Earth Observation Data
Value Added Services
By Satellite Orbit Low Earth Orbit
Medium Earth Orbit
Geostationary Orbit
By End-use Urban Development and Cultural Heritage
Agriculture
Climate Services
Energy and Raw Materials
Infrastructure
Others
By Country Thailand
Indonesia
Malaysia
Philippines
Others
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ASEAN Satellite-based Earth Observation Market Research Faqs

How big is the ASEAN Satellite-based Earth Observation Market?

The ASEAN Satellite-based Earth Observation Market size is expected to reach USD 0.23 billion in 2025 and grow at a CAGR of 12.59% to reach USD 0.41 billion by 2030.

What is the current ASEAN Satellite-based Earth Observation Market size?

In 2025, the ASEAN Satellite-based Earth Observation Market size is expected to reach USD 0.23 billion.

Who are the key players in ASEAN Satellite-based Earth Observation Market?

ST Engineering, Spire Global, Inc., Airbus SE, NEC Corporation and Maxar Technologies Inc are the major companies operating in the ASEAN Satellite-based Earth Observation Market.

What years does this ASEAN Satellite-based Earth Observation Market cover, and what was the market size in 2024?

In 2024, the ASEAN Satellite-based Earth Observation Market size was estimated at USD 0.20 billion. The report covers the ASEAN Satellite-based Earth Observation Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the ASEAN Satellite-based Earth Observation Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

ASEAN Satellite-based Earth Observation Industry Report

Statistics for the 2025 ASEAN Satellite-based Earth Observation market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. ASEAN Satellite-based Earth Observation analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

ASEAN Satellite-based Earth Observation Market Report Snapshots