The global satellite sensors market is estimated to grow at a significant CAGR during the forecast period. Depending on the objective, satellites are outfitted with one or more sensors or instruments, which often include geology, navigation topography, forestry, metrology, agriculture, oceanography, mapping glaciology, and a variety of other applications for a variety of industries. Satellite sensors are in high demand owing to their superior features such as multi-payload, super-spectral, high-resolution, and many more. 

The sophisticated satellite earth monitoring sensors provide high resolution satellite picture information that can be used for various industries including archaeology, airport mapping, home security, mining and hurricane mitigation applications and others. Environment sensing, which includes profile of wind velocity, water vapour, atmospheric temperature and pressure is also performed with satellite sensors. Satellites are also utilised for disaster warning and assessment, rainfall, underground aquifer water resources, analysing snow and oil and mineral exploitation.

Minebea Mitsumi announced the debut of a new model called Bed Sensor System Basic in March 2021, to expand the Bed Sensor System product line. This new model will have functions such as measurement of referential body weight and warning alarm emission, when detecting the patient leaving bed, which have been in great demand in the market. Minebea Mitsumi Inc. and Ricoh Company, Ltd. agreed to collaborate on business development in March 2021. Since then, the two companies have worked together to create and market the Bed Sensor System. These new launches of sensors for satellites will further accelerate the market growth.

Market Coverage

• The market number available for – 2020-2027

• Base year- 2020

• Forecast period- 2021-2027

• Segment Covered- 

o By Type

o By Application

o By End-User

• Regions Covered 

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape- Airbus SE, Ball Aerospace & Technologies Corp., ImageSat International N.V., and L3 Harris Geospatial Solutions, Inc., among others.

  Key questions addressed by the report

    • What is the market growth rate?

    • Which segment and region dominate the market in the base year?

    • Which segment and region will project the fastest growth in the market?

    • How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

    • Who is the leader in the market?

    • How players are addressing challenges to sustain growth?

    • Where is the investment opportunity?

Global Satellite Sensors Market Segmentation 

By Type

    • Active

    • Passive

By Application

    • Earth Observation and Mapping

    • Communication

    • Navigation

    • Weather and Atmosphere Monitoring

    • Others

By End-User

    • Commercial

    • Government and Defence

Global Satellite Sensors Market Report Segment by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe 

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific 

Rest of the World

• Latin America 
• Middle East & Africa