Japan Satellite-based Earth Observation Market Insights Forecasts to 2033

• The Japan Satellite-based Earth Observation Market Size was valued at USD 0.43 Billion in 2023.
• The Market Size is Growing at a CAGR of 12.29% from 2023 to 2033.
• The Japan Satellite-based Earth Observation Market Size is Expected to Reach USD 1.37 Billion by 2033.

The Japan Satellite-based Earth Observation Market Size is expected to reach USD 1.37 Billion by 2032, at a CAGR of 12.29% during the forecast period 2023 to 2033.

Market Overview

Satellites in orbit around the earth are used to support satellite-based earth observation, which includes mapping, environmental change detection, and observation. Remote sensing is a technique used by satellite-based earth observation systems to gather data on the chemical, physical, and biological aspects of the planet. Applications for the data gathered from remote sensing include mapping the weather and terrain, intelligence and reconnaissance missions, agricultural management and monitoring, and synthetic aperture radar imagery. The defence industry also uses the information gathered for military operations, disaster relief, and border surveillance. Moreover, the necessity of efficient disaster management is one of the main factors propelling the market. Natural catastrophes including earthquakes, tsunamis, typhoons, and volcanic eruptions are common in Japan. To monitor and evaluate these occurrences, satellite-based Earth observation is essential since it offers real-time data, early warning systems, and post-disaster analysis. The market in this segment is driven by the need for timely and accurate information to improve preparedness and response to disasters. Furthermore, the availability of very high and high-resolution satellite data has increased, allowing for disaster management and mitigation. It can also locate information on a variety of commodities that are sold internationally, such as metals, minerals, agricultural goods, and oil and gas. Thus, such factors will boost the market growth in the forecast period.

Report Coverage

This research report categorizes the market for Japan satellite-based earth observation market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan satellite-based earth observation market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan satellite-based earth observation market.

Driving Factors

The increased focus on climate change and environmental monitoring is another important factor. As an island nation with a variety of ecosystems, Japan understands the value of keeping an eye on environmental factors like pollution, deforestation, urbanization, and the effects of climate change. Earth observation from space offers useful information and perspectives for comprehending and addressing these environmental issues. Furthermore, for instance, in 2020, NASA collaborated with the European Space Agency (ESA) and the Japan Aerospace Exploration Agency (JAXA) to use their scientific capabilities in earth observation to monitor global changes in the environment and human society. This tool allows the public and policymakers to monitor the short- and long-term effects of pandemic-related restrictions.

Restraining Factors

The Japan satellite-based earth observation market is expanding as a result of increased demand for big data technology to generate accurate insights on EO data, advancements in earth observation satellite technologies, and high demand for high-resolution imaging services.

Market Segment

• In 2023, the earth observation data segment accounted for the largest revenue share over the forecast period.

Based on the type, the Japan satellite-based earth observation market is segmented into earth observation data, and value-added services. Among these, the earth observation data segment has the largest revenue share over the forecast period. Earth observation, which provides high-resolution imagery, elevation data, and mapping capabilities, is critical in documenting and preserving cultural heritage. Archaeological sites, historical buildings, and traditional landscapes can all be identified, recorded, and monitored with the use of satellite imagery.

• In 2023, the disaster management segment is expected to hold the largest share of the Japan satellite-based earth observation market during the forecast period.          

Based on the end user, the Japan satellite-based earth observation market is classified into urban development & cultural heritage, agriculture, disaster management, energy & raw materials, infrastructure, and others. Among these, the disaster management segment is expected to hold the largest share of the Japan satellite-based earth observation market during the forecast period. It is projected that the disaster management application will lead the Japan satellite earth observation market. This is because data and services can help achieve social, environmental, and economic sustainability by providing information on a variety of topics, including tracking biodiversity, managing natural resources, land use patterns, and wildlife trends.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan satellite-based earth observation market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Japan Aerospace Exploration Agency (JAXA)
• PASCO Corporation
• Airbus SE
• NEC Corporation
• Remote Sensing Technology Center of Japan (RESTEC)
• Axelspace Corporation
• SKY Perfect JSAT Group
• Maxar Technologies
• Japan Space Systems
• NTT Data Corporation
• Kokusai Kogyo Co., Ltd.
• Geospatial Information Authority of Japan
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• On January 2023, The European Union and Japan strengthened their relationship in space research by collaborating to exchange Earth observation data. The European Commission authorized the transfer of Copernicus data and services—the EU Space Programme's Earth observation component—to Japan's Ministry of Economy, Trade, and Industry. Japan's non-commercial Earth observation satellites will provide data access to the European Commission without limitations in return.

Market Segment

This study forecasts revenue at regional, and country levels from 2022 to 2033. Spherical Insights has segmented the Japan satellite-based earth observation market based on the below-mentioned segments:

Japan Satellite-based Earth Observation Market, By Type

• Earth Observation Data
• Value Added Services

Japan Satellite-based Earth Observation Market, By End User

• Urban Development & Cultural Heritage
• Agriculture
• Disaster Management 
• Energy & Raw Materials
• Infrastructure
• Others