Market Size of Japan Satellite Imagery Services Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 357.28 Million |
Market Size (2029) | USD 726.45 Million |
CAGR (2024 - 2029) | 15.25 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Japan Satellite Imagery Services Market Analysis
The Japan Satellite Imagery Services Market size is estimated at USD 357.28 million in 2024, and is expected to reach USD 726.45 million by 2029, growing at a CAGR of 15.25% during the forecast period (2024-2029).
The government and defense in Japan mainly drive the Japanese satellite imagery services market. Satellite imagery is crucial for national security and defense purposes. It provides intelligence agencies and the military with valuable information for monitoring activities, detecting potential threats, assessing military capabilities, and mapping strategic locations.
- For instance, according to the European Space Forum in 2023, the Japanese Ministry of Defence (MoD) announced that the Japanese MoD would be using Planet's Dove Earth imaging nanosatellites in order to collect intelligence about the Japanese national security threats through high-resolution satellite imagery.
- One of the key drivers of the market is the demand for effective disaster management. Among all the world's developed nations, Japan is afflicted with the largest number of natural disasters. The country is prone to major natural disasters such as floods, tsunamis, typhoons, heavy snowfall, and landslides.
- And when the disaster strikes, it becomes very important for the country to sess the damage quickly. In such cases, satellite imagery provides valuable information for disaster management agencies, allowing them to assess the impact of disasters, monitor affected areas, and coordinate rescue and relief operations.
- Another one of the most important drivers is the growing agricultural sector in Japan. Agriculture has always been an important part of the Japanese economy. The country is among the most developed nations in smart-farming-related areas and uses many digital technologies such as drones, robotics, and satellite technologies.
- Also, in 2022 the Ministry of Agriculture, Forestry, and Fisheries (MAFF). announced that it would collaborate with technology-providing companies to expand its smart farming technology and services.
- Hence with these collaborations, the demand for satellite imagery services will increase as it will assist farmers in crop monitoring, yield prediction, and precision agriculture. It also supports forestry management by monitoring forest cover and deforestation and assessing forest health and biodiversity.
Japan Satellite Imagery Services Industry Segmentation
Satellite imagery refers to images of the Earth taken from satellites orbiting the planet. These satellites are equipped with various sensors for detecting visible light, infrared light, microwave radiation, and more to craft high-resolution images. These images combine to create visual representations of the Earth, providing new perspectives on climate, geography, and manmade structures.
The Japan satellite imagery services market is segmented by application (geospatial data acquisition and mapping, natural resource management, surveillance, and security, conservation and research, disaster management, and intelligence) and by end-user (government, construction, transportation and logistics, military and defense, forestry, and agriculture, and other end-users). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
By Application | |
Geospatial Data Acquisition and Mapping | |
Natural Resource Management | |
Surveillance and Security | |
Conservation and Research | |
Disaster Management | |
Intelligence |
By End-User | |
Government | |
Construction | |
Transportation and Logistics | |
Military and Defense | |
Forestry and Agriculture | |
Other End-Users |
Japan Satellite Imagery Services Market Size Summary
The Japan Satellite Imagery Services Market is experiencing significant growth, driven primarily by the government's focus on national security and defense. Satellite imagery is essential for intelligence agencies and the military, providing critical information for monitoring activities, detecting threats, and assessing military capabilities. Additionally, Japan's susceptibility to natural disasters such as floods, tsunamis, and typhoons has increased the demand for satellite imagery in disaster management. This technology enables rapid damage assessment and aids in coordinating rescue and relief operations. The agricultural sector also contributes to market expansion, as satellite imagery supports smart farming initiatives by assisting in crop monitoring, yield prediction, and precision agriculture.
Infrastructural development in Japan further propels the satellite imagery services market. The technology is integral to transportation planning, urban development, and environmental sustainability. Satellite imagery provides valuable insights for site selection, urban expansion, and optimizing land use. It also plays a crucial role in enhancing surveillance and security capabilities, particularly in monitoring borders and maritime areas. The market is moderately consolidated, with key players like Airbus SE, Mitsubishi Electric, and Japan Aerospace Exploration Agency (JAXA) actively engaging in partnerships and innovations to enhance their offerings. These collaborations aim to expand satellite data utilization and develop new applications, ensuring sustainable competitive advantage in the evolving market landscape.
Japan Satellite Imagery Services 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 Application
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2.1.1 Geospatial Data Acquisition and Mapping
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2.1.2 Natural Resource Management
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2.1.3 Surveillance and Security
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2.1.4 Conservation and Research
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2.1.5 Disaster Management
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2.1.6 Intelligence
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2.2 By End-User
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2.2.1 Government
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2.2.2 Construction
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2.2.3 Transportation and Logistics
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2.2.4 Military and Defense
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2.2.5 Forestry and Agriculture
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2.2.6 Other End-Users
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Japan Satellite Imagery Services Market Size FAQs
How big is the Japan Satellite Imagery Services Market?
The Japan Satellite Imagery Services Market size is expected to reach USD 357.28 million in 2024 and grow at a CAGR of 15.25% to reach USD 726.45 million by 2029.
What is the current Japan Satellite Imagery Services Market size?
In 2024, the Japan Satellite Imagery Services Market size is expected to reach USD 357.28 million.