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

The South Korea Satellite-Based Earth Observation Market is Segmented by Type (Earth Observation Data and Value-Added Services), Satellite Orbit (Low Earth Orbit, Medium Earth Orbit, and Geostationary Orbit), and 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.

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

South Korea Satellite-based Earth Observation Industry Overview

South Korea Satellite-based earth observation is in the growth stage, with various end-users adopting advanced technologies to evaluate better the strategies for efficient outcomes in urban planning, disaster management, and so on, contributing to the market growth rate.

In May 2023, South Korea launched a commercial-grade satellite for its expanding space development program. A payload of eight satellites, including a main commercial-grade satellite whose purpose is to verify radar imaging technology and observe cosmic radiation in a near-Earth orbit, was launched from a launch facility on a southern island by the domestically built Nuri rocket.

South Korea Satellite-based Earth Observation Market Leaders

  1. Satrec Initiative Co., Ltd.

  2. Dabeeo Inc.

  3. Geofocus Co., Ltd.

  4. Airbus

  5. Korea aerospace industries ltd

  6. *Disclaimer: Major Players sorted in no particular order
South Korea Satellite-based Earth Observation Market Concentration

South Korea Satellite-based Earth Observation Market Report Snapshots

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