Market Share of ASEAN Satellite-based Earth Observation Industry
The ASEAN Satellite-based Earth Observation Market is semi-consolidated and consists of many multinational market vendors, which have partnered with local vendors and end users to provide EO data services. The market share is majorly captured by the top players in the country, such as ST Engineering, Spire Global Inc, Airbus SE, NEC Corporation, etc.
In April 2023, ST Engineering introduced a PolSAR satellite called TeLEOS-2 in association with Singapore's Defence Science and Technology Agency and successfully launched it into orbit. The satellite can capture high-resolution day and night images under all weather conditions and with full polarimetry for a broader range of satellite data applications, such as Earth Observation data services that provide enhanced coverage of major shipping routes and disaster-prone regions in the ASEAN countries, including Singapore.
ASEAN Satellite-based Earth Observation Market Leaders
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ST Engineering
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Spire Global, Inc.
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Airbus SE
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NEC Corporation
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Maxar Technologies Inc
*Disclaimer: Major Players sorted in no particular order
