Market Size of Israel Satellite-based Earth Observation Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 53.35 Million |
| Market Size (2029) | USD 73.78 Million |
| CAGR (2024 - 2029) | 6.70 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Israel Satellite-based Earth Observation Market Analysis
The Israel Satellite-based Earth Observation Market size is estimated at USD 53.35 million in 2024, and is expected to reach USD 73.78 million by 2029, growing at a CAGR of 6.70% during the forecast period (2024-2029).
Due to the fact that in Israel, earth observation satellites play a crucial role in providing valuable data and imagery for various purposes, including environmental monitoring, agriculture, urban planning, national security, and disaster management. As a technologically advanced country, Israel recognizes the importance of space-based observation systems and has been actively involved in satellite development and deployment.
- As Israel experienced rapid urbanization and infrastructure expansion, in the late 90s, around 70% of the population lived in urban areas. By 2025, around 95% of the population will shift to urban areas. And earth observation satellites contribute to effective urban planning and development. They offer valuable insights into land use patterns, transportation networks, and infrastructure assessment, enabling informed decision-making.
- Also, Israel is known for its arid and semi-arid climate, and water scarcity is one of the main concerns in the country. Earth observation satellite assist in learning about the climatic condition of the country and take various steps to handle such issues.
- It also helps in disaster management, including early warning systems, monitoring natural disasters like flash floods, Drought, and sandstorms, and supporting emergency response efforts.
- Moreover, Israel is deploying an earth observation satellite to enhance its national security and intelligence-gathering capacities. These satellites provide important imagery data which helps monitor activities in neighboring countries, assess potential threats, and support military operations.
Israel Satellite-based Earth Observation Industry Segmentation
Israel 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 Israel satellite-based earth observation market is segmented by type (earth observation data, value-added services), satellite orbit (low earth orbit, medium earth orbit, and geostationary orbit), and end-use(urban development and cultural heritage, agriculture, climate services, energy and raw materials, infrastructure, and other end-user).
The market sizes and forecasts are provided in terms of value (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 | |
| Other End-Use |
Israel Satellite-based Earth Observation Market Size Summary
The Israel satellite-based earth observation market is poised for significant growth, driven by the country's advanced technological capabilities and strategic focus on space-based observation systems. These satellites are integral to various sectors, including environmental monitoring, agriculture, urban planning, national security, and disaster management. As urbanization accelerates, with a substantial portion of the population moving to urban areas, earth observation satellites provide critical insights for effective urban planning and infrastructure development. They also play a vital role in addressing water scarcity issues and enhancing disaster management efforts by monitoring natural disasters and supporting emergency response initiatives. Furthermore, these satellites bolster national security by offering crucial imagery data for intelligence-gathering and threat assessment.
The commercial sector in Israel is increasingly leveraging earth observation satellites to enhance business operations and decision-making. These satellites offer valuable data for monitoring infrastructure, optimizing agricultural practices, and supporting smart agronomic insights. Collaborations, such as the partnership between Airbus and Manna, highlight the growing integration of satellite imagery in agriculture. Additionally, earth observation satellites contribute to cultural heritage preservation by aiding in archaeological research and heritage management. The market is moderately consolidated, with key players like SES S.A, ViaSat Inc., and ImageSat International driving innovation and strategic partnerships. Recent satellite launches, such as the EROS-C3 and RUNNER-1, underscore the ongoing advancements and applications of satellite technology in Israel.
Israel Satellite-based Earth Observation Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Buyers
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1.2.2 Bargaining Power of Suppliers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitutes
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1.2.5 Intensity of Competitive Rivalry
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1.3 Industry Value Chain Analysis
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1.4 Assessment of the Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Earth Observation Data
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2.1.2 Value Added Services
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2.2 By Satellite Orbit
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2.2.1 Low Earth Orbit
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2.2.2 Medium Earth Orbit
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2.2.3 Geostationary Orbit
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2.3 By End-Use
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2.3.1 Urban Development and Cultural Heritage
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2.3.2 Agriculture
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2.3.3 Climate Services
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2.3.4 Energy and Raw Materials
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2.3.5 Infrastructure
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2.3.6 Other End-Use
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Israel Satellite-based Earth Observation Market Size FAQs
How big is the Israel Satellite-based Earth Observation Market?
The Israel Satellite-based Earth Observation Market size is expected to reach USD 53.35 million in 2024 and grow at a CAGR of 6.70% to reach USD 73.78 million by 2029.
What is the current Israel Satellite-based Earth Observation Market size?
In 2024, the Israel Satellite-based Earth Observation Market size is expected to reach USD 53.35 million.
