Market Share of Nigeria Satellite-based Earth Observation Industry
The Nigeria Satellite-based Earth Observation market is expected to be semi-consolidated. The market is still in its early stages of development, and multiple players, including government agencies, private companies, and international organizations, were involved in satellite-based Earth observation activities. NIGCOMSAT Ltd, National Space Research and Development Agency (NASRDA), Surrey Satellite Technology Limited (SSTL), Airbus SE, and Hexagon AB are a few prominent players operating in the market.
In March 2023, the Board and Management staff of the Nigerian Communications Satellite (NIGCOMSAT) Ltd. decided to re-validate the business's objectives to properly align with the requirements of the Fourth Industrial Revolution (4IR) and the realities of volatility, uncertainty, complexity, and ambiguity. This is part of a deliberate effort to reorganize the company's operations for optimal success.
In February 2023, the Nigerian Communications Satellite Ltd. (NIGCOMSAT), the Augmented Navigation for Africa (ANGA) program, and Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), were all working together to accelerate the development of SBAS for aviation in Africa. The objective was to demonstrate on a practical level the effectiveness of the satellite navigation technology created by the ANGA program, which was started by the Agency for Air Navigation Safety in Africa and Madagascar (ASECNA) and aims to provide autonomous SBAS services across the continent to improve the performance of the GPS constellation.
Nigeria Satellite-based Earth Observation Market Leaders
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NIGCOMSAT Ltd
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National Space Research and Development Agency (NASRDA)
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Surrey Satellite Technology Limited (SSTL)
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Airbus SE
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Hexagon AB
*Disclaimer: Major Players sorted in no particular order
