Market Share of South Korea Satellite-based Earth Observation Industry
South Korea Satellite-based earth observation is in the growth stage, with various end-users adopting advanced technologies to evaluate better the strategies for efficient outcomes in urban planning, disaster management, and so on, contributing to the market growth rate.
In May 2023, South Korea launched a commercial-grade satellite for its expanding space development program. A payload of eight satellites, including a main commercial-grade satellite whose purpose is to verify radar imaging technology and observe cosmic radiation in a near-Earth orbit, was launched from a launch facility on a southern island by the domestically built Nuri rocket.
South Korea Satellite-based Earth Observation Market Leaders
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Satrec Initiative Co., Ltd.
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Dabeeo Inc.
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Geofocus Co., Ltd.
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Airbus
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Korea aerospace industries ltd
*Disclaimer: Major Players sorted in no particular order
