France Satellite-based Earth Observation Market Size (2024 - 2029)

France Satellite-based Earth Observation Market Analysis

The France Satellite-based Earth Observation Market size is estimated at USD 0.41 billion in 2024, and is expected to reach USD 0.7 billion by 2029, growing at a CAGR of 11.16% during the forecast period (2024-2029).

The growth in investments by the country's government in space technology coupled with the rising demand for big data technology to generate accurate insights on earth observation data is analyzed to drive the market over the forecast period.

• The country is one of Europe's leading space nations and has grown substantially in satellite-based earth observation in the past few years. The country is home to some of the biggest satellite-based earth observation market vendors, such as Airbus, Thales, etc., continuously innovating their offerings, driving market growth in the country.
• The National Centre of Space Studies (CNES) is responsible for shaping and implementing French space policy through public procurement in the Earth observation field. Through the National Centre of Space Studies (CNES), the country is adapting and developing new approaches and tools to support newcomers, understand current economic and technological dynamics in the space domain, and fuel strategic thinking to meet the major challenges of tomorrow's space sector.
• Further, CNES created a Space Economy Observatory that enables a deep understanding of current market dynamics and the needs of players to support their growth in France. Such factors are further analyzed to support the market growth in the coming years. Moreover, growth in French Government's investment in the space sector generates significant growth opportunities for the market in the coming years.
• Moreover, the market growth in France is further attributed to the increasing use of satellites for weather forecasting and environmental monitoring. In the past few years, there has been a rise in the use of geographic information systems and satellite technologies for a clear understanding of the landscape and the mapping, identification, and analysis of environmental conditions.
• Companies like Thales Alenia Space have gained significant traction in France for environmental monitoring. For instance, built on behalf of NASA and CNES, the French-American oceanography satellite SWOT will be fitted by design with a controlled atmospheric reentry subsystem avoiding debris generation at end-of-life.

France Satellite-based Earth Observation Industry Segmentation

Satellite-based earth observation is done with the help of satellites orbiting around the planet to view and identify environmental changes, map making, etc. The satellite-based earth observation technology captures and stores information from satellites relating to the physical, biological, and chemical compositions of the Earth for monitoring, surveillance, and decision-making in various verticals, such as defense and intelligence, infrastructure and engineering, natural resource management, energy and power, and disaster management.

The France satellite-based earth observation market is segmented by type (earth observation data, value added services), by satellite orbit (low earth orbit, medium earth orbit, geostationary orbit), and by end-use(urban development and cultural heritage, agriculture, climate services, energy and raw materials, infrastructure). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.