Israel 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 | 6.70 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Israel Satellite-based Earth Observation Market Analysis
Israel satellite-based earth observation market size is expected to grow from USD 50 million in the current year to USD 70 million at a CAGR of 6.7% during the forecast period.
- Due to the fact that in Israel, earth observation satellites play a crucial role in providing valuable data and imagery for various purposes, including environmental monitoring, agriculture, urban planning, national security, and disaster management. As a technologically advanced country, Israel recognizes the importance of space-based observation systems and has been actively involved in satellite development and deployment.
- As Israel experienced rapid urbanization and infrastructure expansion, in the late 90s, around 70% of the population lived in urban areas. By 2025, around 95% of the population will shift to urban areas. And earth observation satellites contribute to effective urban planning and development. They offer valuable insights into land use patterns, transportation networks, and infrastructure assessment, enabling informed decision-making.
- Also, Israel is known for its arid and semi-arid climate, and water scarcity is one of the main concerns in the country. Earth observation satellite assist in learning about the climatic condition of the country and take various steps to handle such issues. It also helps in disaster management, including early warning systems, monitoring natural disasters like flash floods, Drought, and sandstorms, and supporting emergency response efforts.
- Moreover, Israel is deploying an earth observation satellite to enhance its national security and intelligence-gathering capacities. These satellites provide important imagery data which helps monitor activities in neighboring countries, assess potential threats, and support military operations.
- During Covid-19, there was a disruption in the aerospace industry in Israel as the pandemic caused delays and interruptions in the launch schedule of the earth observation satellite in Israel. Factors such as government restrictions and lockdown in the country reduced the workforce, and the supply chain also needed improvement, which impacted the satellite's launch time.
Israel Satellite-based Earth Observation Market Trends
Increasing Use of Earth Observation Satellite in Commercial Sector
- Israel's commercial sector has shown a growing interest in utilizing earth observation satellites for various applications. These satellites provide valuable data and imagery that can be leveraged by businesses and industries to gain insights, make informed decisions, and enhance their operations.
- For instance, in December 2022, Israel Aerospace Industries (IAI) launched an EROS C-3 satellite in orbit by a SpaceX Falcon 9 rocket. This satellite was owned by ImageSat International, which provides very high-resolution images and will be used for governmental and business applications.
- Moreover, earth observation satellites assist in monitoring critical infrastructure in Israel. By analyzing satellite imagery, businesses can assess the condition of roads, bridges, pipelines, and other infrastructure assets. This data enables proactive maintenance and helps prevent disruptions or failures, ultimately reducing costs and improving operational efficiency.
- Also, earth observation satellites offer vital information in Israel's agricultural sector. They enable farmers to monitor crop health, estimate yields, detect irrigation needs, and optimize farming practices. By analyzing satellite imagery, businesses in agriculture can make data-driven decisions to increase productivity and reduce resource waste.
- In June 2023, Airbus collaborated with Manna. With this collaboration, Manna, a young Israeli company, will join Airbus in the agricultural sphere to provide advanced analyses received from satellite imagery, which will assist in delivering smart agronomic insights.
Growing Use of Earth Observation Satellite in Urban Development and Cultural Heritage
- Earth observation satellites play a crucial role in various aspects of Israel's urban development and cultural heritage preservation. These satellites provide valuable data and imagery that aid urban planning, infrastructure management, environmental monitoring, and archaeological research.
- Earth observation satellites provide high-resolution images and data that help urban planners, and policymakers make informed decisions regarding urban growth, land use, and infrastructure development. Satellite imagery can be used to assess the current state of urban areas, monitor changes over time, and identify potential areas for future development. This information is vital for managing urban expansion, transportation networks, and optimizing resource allocation.
- Moreover, Israel is renowned for its rich cultural heritage, including ancient archaeological sites and historical landmarks. Earth observation satellites can aid in identifying, documenting, and preserving these cultural assets. Satellite imagery can reveal buried archaeological structures, detect subtle changes in land features over time, and help researchers locate potential archaeological sites. This information is invaluable for archaeological research, heritage management, and the development of tourism strategies.
- The growing use of earth observation satellites in Israel's urban development and cultural heritage sectors provides valuable insights, data, and imagery that support informed decision-making, sustainable development, and the preservation of the country's cultural heritage for future generations has a context menu.
Israel Satellite-based Earth Observation Industry Overview
The Israel satellite-based earth observation market is moderately consolidated, with the presence of major players like SES S.A, ViaSat Inc., Gilat Satellite Networks, Inmarsat global limited, AMOS Spacecom, Orbit Communication Systems Ltd, SpaceIL, Telesat, Orbit Communication Systems Ltd, Iridium Communications Inc., Players in the market are adopting strategies such as partnerships, innovations, mergers, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.'
In January 2023, Vandenberg Space launched Earth Resources Observation Satellite (EROS)-C3. The satellite was launched on the SpaceX Falcon 9 rocket. EROS-C3 satellite is mainly built for the intelligence and information company ImageSat International (ISI) Israeli.
Israel Satellite-based Earth Observation Market Leaders
SES S.A
ViaSat Inc.
Inmarsat global limited
Iridium Communications Inc.
AMOS Spacecom
*Disclaimer: Major Players sorted in no particular order
Israel Satellite-based Earth Observation Market News
- June 2023: ImageSat International Ltd., a space company in Israel, launched the RUNNER-1 satellite. This satellite was developed in collaboration with ISI and Terran Orbital and is a multi-purpose remote sensing satellite capable of sub-meter high-resolution multi-spectral imaging and color video.
- March 2023: Israel announced the launch of its new addition Ofek series of spy satellites. The satellite offers a unique radar observation option, and it will assist in the collection of any weather and conditions of visibility, which will help the country in enhancing strategic intelligence.
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 Requirement of Earth Observation Satellite in the Defence Sector
5.1.2 Increasing Use of Earth Observation Satellite in Commercial Sector
5.2 Market Restraints
5.2.1 High Cost of Deploying and Launching Satellite
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 Other End-Use
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 SES S.A
7.1.2 SES S.A
7.1.3 Gilat Satellite Networks
7.1.4 Inmarsat global limited
7.1.5 AMOS Spacecom
7.1.6 Orbit Communication Systems Ltd
7.1.7 SpaceIL
7.1.8 Telesat
7.1.9 Orbit Communication Systems Ltd
7.1.10 Iridium Communications Inc.
7.2 *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
Israel Satellite-based Earth Observation Industry Segmentation
Israel 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.
Israel satellite-based earth observation market is segmented by type (earth observation data, value-added services), by satellite orbit (low earth orbit, medium earth orbit, and geostationary orbit), and by end-use(urban development and cultural heritage, agriculture, climate services, energy and raw materials, infrastructure, and other end-use).
The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
Frequently Asked Questions
What is the current Israel Satellite-based Earth Observation Market size?
The Israel Satellite-based Earth Observation Market is projected to register a CAGR of 6.70% during the forecast period (2024-2029)
Who are the key players in Israel Satellite-based Earth Observation Market?
SES S.A, ViaSat Inc., Inmarsat global limited, Iridium Communications Inc. and AMOS Spacecom are the major companies operating in the Israel Satellite-based Earth Observation Market.
What years does this Israel Satellite-based Earth Observation Market cover?
The report covers the Israel Satellite-based Earth Observation Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Israel Satellite-based Earth Observation Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Israel Satellite-based Earth Observation Industry Report
Statistics for the 2024 Israel Satellite-based Earth Observation market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Israel Satellite-based Earth Observation analysis includes a market forecast outlook to for 2024 to (2024to2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
