Israel Satellite-based Earth Observation Market Trends

Statistics for the 2023 & 2024 Israel Satellite-based Earth Observation market trends, created by Mordor Intelligence™ Industry Reports. Israel Satellite-based Earth Observation trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Israel Satellite-based Earth Observation Industry

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.
Israel Satellite-based Earth Observation Market - Monthly Agricultural Input Price Index in Israel from 2023 to 2024

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 Market - Number of Satellites in Orbit as of February 2023, by Leading Nations

Israel Satellite-based Earth Observation Market Size Share Analysis - Growth Trends & Forecasts (2024-2029)