South Korea Earth Observation Market Size, Share, and COVID-19 Impact Analysis, By Platform (Satellite-based EO and UAV drone-based EO), By Orbit Type (Low Earth Orbit, Medium Earth Orbit, and Geostationary Orbit), By Technology (Optical Imaging and Radar Imaging (Synthetic Aperture Radar)), and South Korea Earth Observation Market Industry Trend, Forecasts to 2035

South Korea Earth Observation Market Insights Forecasts to 2035

• The South Korea Earth Observation Market Size Was Estimated at USD 76.98 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 12.52% from 2025 to 2035
• The South Korea Earth Observation Market Size is Expected to Reach USD 281.8 Million by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Earth Observation Market is anticipated to reach USD 281.8 Million by 2035, growing at a CAGR of 12.52% from 2025 to 2035. Numerous factors, including the increasing use of satellite imagery and remote sensing technologies, are the primary drivers of market expansion.

Market Overview

The Earth observation market involves collecting and analyzing data about the planet’s physical, chemical, and biological systems using satellites, drones, and other remote sensing technologies. It benefits sectors like agriculture, disaster management, urban planning, and climate monitoring by providing accurate, real-time insights. The market is expanding due to technological advancements, growing demand for environmental data, and the integration of AI for better analytics. Governments are supporting the sector through initiatives of promoting open data access and funding research. These efforts aim to enhance decision-making, ensure sustainable development, and address climate change, making Earth observation a vital tool for resilience and innovation.

Report Coverage

This research report categorizes the market for South Korea 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 South Korea earth observation market. Recent market developments and competitive strategies such as expansion, product launch, 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 South Korea earth observation market.

Driving Factors

The increasing demand for real-time environmental monitoring, climate change tracking, and disaster management solutions. Advancements in satellite technology, data analytics, and AI integration enhance the accuracy and usability of Earth observation data. Growing applications in agriculture, defense, urban planning, and resource management further boost market growth.

Restraining Factors

The high costs of satellite development, launch, and maintenance, limiting accessibility for smaller organizations. Data privacy concerns and regulatory challenges also hinder widespread adoption. Additionally, technical issues like cloud cover obstructing optical imaging and the complexity of data analysis pose challenges. Limited infrastructure in developing regions and competition from alternative data sources further restrict growth

Market Segmentation

The South Korea earth observation market share is classified into function and application.

• The satellite-based EO segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea earth observation market is segmented by platform into satellite-based EO and UAV/drone-based EO. Among these, the satellite-based EO segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period.  Its capability to cover large areas with high-resolution data, essential for climate monitoring, disaster response, and national security. Government investments in advanced satellite programs and collaborations with global space agencies further support this growth. Its wide application across sectors like agriculture, urban planning, and maritime surveillance, combined with increasing demand for accurate.

• The low earth orbit segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea earth observation market is segmented by orbit type into low earth orbit, medium earth orbit, and geostationary orbit. Among these, the low earth orbit segment dominated a share in 2024 and is expected to grow at a significant CAGR during the forecast period. Its ability to provide high-resolution imagery and frequent data collection, essential for real-time monitoring and rapid response. LEO satellites are cost-effective to launch and maintain, making them ideal for expanding EO applications in agriculture, disaster management, and environmental monitoring. Increased government and private sector investments in small satellite constellations further drive growth.

• The optical imaging segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea earth observation market is segmented by technology into optical imaging and radar imaging (synthetic aperture radar). Among these, the optical imaging segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Its ability to deliver high-resolution, true-color imagery ideal for applications like agriculture, urban planning, and environmental monitoring. Optical sensors are widely adopted for their clarity and ease of interpretation. Growing demand for visual data, combined with advancements in satellite camera technology, fuels market expansion.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea 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 elaborate analysis focusing on the companies' current news and developments, including 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

• Satrec Initiative Co., Ltd.
• SI Imaging Services (SIIS)
• Dabeeo Inc.
• Geofocus Co., Ltd.
• Airbus Korea
• Korea Aerospace Industries Ltd. (KAI)
• Hanwha Systems
• SPACEMAP
• Korea Institute of Ocean Science and Technology (KIOST)
• L3Harris Corporation Inc.
• Maxar Technologies
• GBS Korea
• Others

Key Target Audience

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

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea earth observation market based on the below-mentioned segments:

South Korea Earth Observation Market, By Platform

•  Satellite-based EO
• UAV/drone-based EO

South Korea Earth Observation Market, By Orbit Type

• Low Earth Orbit
• Medium Earth Orbit
• Geostationary Orbit

South Korea Earth Observation Market, By Technology

• Optical Imaging
• Radar Imaging (Synthetic Aperture Radar)