Market Share of China Satellite-based Earth Observation Industry
The China Satellite-based Earth Observation Market is expected to be moderately consolidated. Specific segments of the China Satellite-based EO Market exhibit consolidation, such as satellite manufacturing and launch, while other areas like data processing and analytics, EO services, and applications are more fragmented. Large and small players in the market signify a combination of consolidation and fragmentation, indicating a dynamic and diverse ecosystem. China Aerospace Science and Technology Corporation, China Academy of Space Technology (CAST), Beijing Space Eye Innovation Technology Co., Ltd., Chang Guang Satellite Technology Co., Ltd, Twenty First Century Aerospace Technology (Asia) Pte. Ltd., etc., are few prominent players operating in the market.
In March 2023, an optical geostationary Gaofen-13 (02) satellite was launched by China, expanding its initial civilian Gaofen Earth monitoring series. A Long March 3B rocket was launched from the hill-surrounded Xichang Satellite Launch Centre. According to the China Aerospace Science and Technology Corp. (CASC), the launch successfully placed the Gaofen-13 (02) satellite into a geosynchronous transfer orbit.
In December 2022, Gaofen 11-04, an Earth observation satellite, was launched by China, according to China Aerospace Science and Technology Corp. The state-owned space contractor's Taiyuan Satellite Launch Centre in Shanxi province launched the Long March 4B carrier rocket that carried the satellite into orbit. The satellite was created by the China Academy of Space Technology, a Beijing-based CASC affiliate, and is tasked with supplying photos and data for land mapping and management, urban development planning, agricultural output predictions, and disaster prevention and relief.
China Satellite-based Earth Observation Market Leaders
-
China Aerospace Science and Technology Corporation
-
China Academy of Space Technology (CAST)
-
Beijing Space Eye Innovation Technology Co., Ltd.
-
Chang Guang Satellite Technology Co., Ltd
-
Twenty First Century Aerospace Technology (Asia) Pte. Ltd.
*Disclaimer: Major Players sorted in no particular order
