Market Share of Saudi Arabia Satellite-based Earth Observation Industry
The Spain Satellite-based Earth Observation market is moderately consolidated with the presence of significant market players such as Arabsat, Airbus, etc., holding a significant market share. The market vendors are indulging in partnership and acquisition activities to increase their market share and presence. Additionally, new market players are entering the Saudi market, which is analyzed to grow the competitive rivalry in the coming years.
- May 2023 - Arabsat signed a Memorandum of Understanding (MoU) with Loft Orbital (Loft) to partner on the mission definition for future infrastructure in low earth orbit (LEO). Both firms will collaborate to build the infrastructure required to meet the needs of Arabsat's diverse client segments. Arabsat intends to use Loft's space infrastructure platform to provide earth observation services to all 22 Arab League member countries. This will enable the creation of dependable applications in agriculture, transportation and logistics, border and maritime monitoring, and environmental protection.
Saudi Arabia Satellite-based Earth Observation Market Leaders
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Arabsat
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Airbus
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Leonardo S.p.A.
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SARsat Arabia
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Thales
*Disclaimer: Major Players sorted in no particular order
