France Satellite-based Earth Observation Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 11.16 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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France Satellite-based Earth Observation Market Analysis
The France Satellite-based Earth Observation Market size is expected to grow from USD 0.37 billion in the current year to USD 0.62 billion in the next five years, at a CAGR of 11.16% during the forecast period. Furthermore, growth in investments by the country's government in space technology coupled with the rising demand for big data technology to generate accurate insights on earth observation data is analyzed to drive the market over the forecast period.
- The country is one of Europe's leading space nations and has grown substantially in satellite-based earth observation in the past few years. The country is home to some of the biggest satellite-based earth observation market vendors, such as Airbus, Thales, etc., continuously innovating their offerings, driving market growth in the country.
- The National Centre of Space Studies (CNES) is responsible for shaping and implementing French space policy through public procurement in the Earth observation field. Through the National Centre of Space Studies (CNES), the country is adapting and developing new approaches and tools to support newcomers, understand current economic and technological dynamics in the space domain, and fuel strategic thinking to meet the major challenges of tomorrow's space sector.
- Further, CNES created a Space Economy Observatory that enables a deep understanding of current market dynamics and the needs of players to support their growth in France. Such factors are further analyzed to support the market growth in the coming years. Moreover, growth in French Government's investment in the space sector generates significant growth opportunities for the market in the coming years.
- Moreover, the market growth in France is further attributed to the increasing use of satellites for weather forecasting and environmental monitoring. In the past few years, there has been a rise in the use of geographic information systems and satellite technologies for a clear understanding of the landscape and the mapping, identification, and analysis of environmental conditions.
- Companies like Thales Alenia Space have gained significant traction in France for environmental monitoring. For instance, built on behalf of NASA and CNES, the French-American oceanography satellite SWOT will be fitted by design with a controlled atmospheric reentry subsystem avoiding debris generation at end-of-life.
- The COVID-19 pandemic has resulted in delayed launches of satellites in France. Moreover, supply chain disruptions and the slowdown in the operation of the key players negatively impacted the market growth. However, post-pandemic, the market is analyzed to surpass the pre-pandemic level with the growing emphasis of the French government towards the space sector coupled with CNES efforts to advance the earth observation field by encouraging innovative space technology developments.
France Satellite-based Earth Observation Market Trends
Agriculture Segment is Anticipated to Witness Significant Growth
- The agriculture sector in France is expected to witness substantial adoption of satellite-based earth observation solutions and services in the coming years. Modern farming relies on Earth Observation data and information to restore soil health, sustain nutrient management, and preserve biodiversity. A significant trend in the field is the increased use of Earth Observation as an input for smart analytics for optimizing agri-tech solutions.
- Further, the country's agriculture sector has witnessed significant adoption of digital technologies owing to the emergence of AgTech startups and the growing use of IoT in farm operations in the past few years and is actively contributing to the country's GDP. For instance, according to the data from the National Institute of Statistics and Economic Studies (INSEE), in 2022, agricultural production achieved a value, excluding subsidies, of USD 95.8 billion: USD 58.7 billion in crop production and USD 31.4 billion in animal production.
- The use of digital technologies in farm management and the agricultural sector is helping to address several farm- and sector-level challenges for farmers, agricultural cooperatives, key decision-makers, and governments in France. EO allows farmers to remotely monitor the performance of their crops and reduce their usage of inputs such as fertilizers. Additionally, EO provides huge amounts of rich data that public authorities and economists can use to inform their analysis and decision-making better. Such factors are further analyzed to influence the growth of the agriculture segment in the coming years.
- The government in the country is also encouraging the use of digital technology in the agriculture sector and launching initiatives and funds, which is expected to positively impact the demand for EO data in the coming years. For instance, in January 2023, France launched the Priority Research Program and Equipment (PEPR) on agroecology and digital technology. The program aims to accelerate the agroecological transition in the country's agriculture sector. French government financed the program with EUR 65 million (USD 71M) as part of France 2030.
The Growth in the French Government’s investment in the space sector
- The country has a dynamic, innovative, and diversified space ecosystem largely supported by government investments. In the past few years, various leading market vendors such as Airbus Defence and Space leveraged the French government's investment to build earth observation satellites. At the national level, through its space agency, the National Centre of Space Studies (CNES), the country is making significant investments to strengthen the space sector, which in turn offers growth opportunities for the satellite-based earth observation market in the country.
- The French government is recognizing the importance of the space sector and continuously heavily investing, thus also driving the studied market. For instance, in September 2022, French Prime Minister Élisabeth Borne announced that the French government planned to allocate more than USD 9 billion to space activities over the next three years, which is Than increase of about 25% over the past three years.
- Further, the French government is also significantly investing in European Space Agency programs, thus further supporting France as well as the European sector. This is expected to positively influence the market growth in the coming years to expand Earth observation data's application in various fields. For instance, according to the data from ESA, in 2022, France will contribute over USD 1.1 billion to the European Space Agency (ESA) to support the mission of ESA in space exploration.
- Additionally, various benefits associated with the earth observation data for various economic sectors such as agriculture, defense, Climate Services, Energy, and Raw Material and Infrastructure are anticipated to attract investments from the French government in the earth observation sector in the coming years, thus positively impacting the market growth. For instance, EO supports the various stages of the infrastructure life cycle, from site selection to post-construction infrastructure health monitoring.
France Satellite-based Earth Observation Industry Overview
The France Satellite-based Earth Observation market is moderately consolidated with the presence of significant market players such as Thales, Airbus, etc., holding a significant market share. The market vendors are incorporating advanced technologies in their satellite-based Earth Observation portfolio and continuously focusing on launching innovative solutions to gain significant traction from end-user industries.
- July 2022 - French operator satellite operator Eutelsat Communications and key shareholders of U.K. satellite firm Oneweb signed a Memorandum of Understanding (MoU) with the objective of creating a leading global player in connectivity by combining both companies in an all-share transaction. Eutelsat will combine its 36-strong fleet of GEO satellites with OneWeb's constellation of 648 LEO satellites, of which 428 are currently in orbit.
France Satellite-based Earth Observation Market Leaders
Thales
Airbus
EUTELSAT COMMUNICATIONS SA
KAYRROS
ACRI-ST SAS
*Disclaimer: Major Players sorted in no particular order
France Satellite-based Earth Observation Market News
- June 2023 - E-space, the company bridging Earth and space to enable hyper-scaled deployments of Internet of Things (IoT) solutions and services, announced the completion of a five-month feasibility study commissioned by the French Space Agency CNES. The study sought to evaluate and validate the technical capabilities of the E-Space satellite system (communication payload, space platform, guidance, navigation, and control (GNC), and user terminal), as well as the long-term feasibility of the company's underlying business model. The research also revealed technological prospects for future collaborations between CNES, E-Space, and the French space ecosystem.
- March 2023 - As part of French President Emmanuel Macron's visit, Airbus Defence and Space announced an agreement for Angeo-1, the first very high-performance Angolan Earth observation satellite, to be manufactured by the company in France, which strengthens the partnership between the two countries.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Assessment of the Impact of COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 The Growth in the French Government's investment in the space sector
5.1.2 Growing Need to Generate Big Data to Offer Accurate Insights into Earth Observation
5.2 Market Restraints
5.2.1 Lack of Skilled and Trained Personnel
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 Earth Observation Data
6.1.2 Value Added Services
6.2 By Satellite Orbit
6.2.1 Low Earth Orbit
6.2.2 Medium Earth Orbit
6.2.3 Geostationary Orbit
6.3 By End-use
6.3.1 Urban Development and Cultural Heritage
6.3.2 Agriculture
6.3.3 Climate Services
6.3.4 Energy and Raw Materials
6.3.5 Infrastructure
6.3.6 Others
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Thales
7.1.2 Airbus
7.1.3 EUTELSAT COMMUNICATIONS SA
7.1.4 ACRI-ST SAS
7.1.5 KAYRROS
7.1.6 E-Space SAS
7.1.7 CS GROUP - France
7.1.8 CLS sàrl
7.1.9 TerraNIS
7.1.10 EarthDaily Agro
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
France Satellite-based Earth Observation Industry Segmentation
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 France Satellite-based Earth Observation Market is segmented by Type (Earth Observation Data, Value Added Services), by Satellite Orbit (Low Earth Orbit, Medium Earth Orbit, Geostationary Orbit), and by End-use(Urban Development and Cultural Heritage, Agriculture, Climate Services, Energy and Raw Materials, Infrastructure). The market sizes and forecasts are provided in terms of value (USD billion) 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 | |
| Others |
Frequently Asked Questions
What is the current France Satellite-based Earth Observation Market size?
The France Satellite-based Earth Observation Market is projected to register a CAGR of 11.16% during the forecast period (2024-2029)
Who are the key players in France Satellite-based Earth Observation Market?
Thales, Airbus, EUTELSAT COMMUNICATIONS SA, KAYRROS and ACRI-ST SAS are the major companies operating in the France Satellite-based Earth Observation Market.
What years does this France Satellite-based Earth Observation Market cover?
The report covers the France Satellite-based Earth Observation Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the France Satellite-based Earth Observation Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
France Satellite-based Earth Observation Industry Report
Statistics for the 2024 France Satellite-based Earth Observation market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. France Satellite-based Earth Observation analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
