Satellite Imaging for Agriculture Market Size, Share & Trends Analysis Report By Application (Crop Health Monitoring, Soil Mapping, Forestry), End-User (Agribusinesses, Government And Non-Government Agencies, Research Institutes), And Product (Data Acquisition, Processing, Analytics, And Integrated Delivery Platform), Region And Segment Forecasts, 2025-2034

Report Id: 1851 Pages: 180 Last Updated: 23 April 2025 Format: PDF / PPT / Excel / Power BI
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Global Satellite Imaging for Agriculture Market Size is valued at USD 588.1 Mn in 2024 and is predicted to reach USD 1359.0 Mn by the year 2034 at an 8.9% CAGR during the forecast period for 2025-2034. 

Remote sensing, or satellite imaging, is a powerful technology rapidly utilized in agriculture to monitor and manage crop health, optimize resource allocation, and improve overall agricultural practices. Satellite imagery gives farmers a complete picture of agricultural fields, allowing them to monitor crop health, growth, and development throughout the growing season. 

Satellite Imaging for Agriculture Market

The agricultural satellite imaging industry is expanding rapidly, driven by a variety of factors. Precision farming techniques, which rely on satellite imaging, are gaining popularity as farmers attempt to optimize resource allocation and boost production. The utilization of satellite data for crop health monitoring, finding variability within fields, and enabling variable rate applications is increasing demand for agricultural satellite imaging solutions. The availability of high-quality and high-frequency satellite imaging allows more timely and accurate crop monitoring, which improves agricultural decision-making.

However, the epidemic has resulted in financial hardships and spending restrictions for many farmers and agricultural enterprises. Limitations in investment capacity have been caused by decreased incomes, disrupted supply networks, and financial uncertainty. As a result, some farmers would postpone or scale down their expenditures in satellite imaging technologies and related services, which would have an effect on market expansion. 

Competitive Landscape:

Some of the satellite imaging for agriculture market players are:

  • Airbus
  • Farmers Edge Inc
  • Planet Labs PBC
  • Satellogic
  • Syngenta
  • Maxar Technologies
  • Descartes Labs, Inc
  • EOS Data Analytics, Inc
  • Esri
  • European Space Imaging
  • Gamaya
  • ICEYE
  • NaraSpace Inc
  • Open Cosmos Ltd
  • Satellite Imaging Corporation
  • SkyWatch
  • SpaceKnow Inc.
  • EarthDaily Analytics
  • SatSure
  • SpaceSense
  • Synspective 

Market Segmentation:

Satellite imaging for the agriculture market is segmented on the basis of application, end-user, and product. Application segment includes crop health monitoring, soil mapping, forestry, and others. The end-user segment includes agribusinesses, government and non-government agencies, research institutes, and others. By product, the market is segmented into data acquisition, processing, analytics, and integrated delivery platform.

Based On Application, The Crop Health Monitoring Segment Is Accounted As A Major Contributor In The Satellite Imaging For Agriculture Market

The crop health monitoring category is expected to hold a major share in the global satellite imaging for agriculture market in 2024. Satellite imaging in agriculture is crucial for crop health monitoring. Farmers can make educated decisions about irrigation, fertilization, and pest control thanks to the valuable information provided by satellite images for evaluating the health and vigor of crops. Areas of agricultural stress, such as those caused by water stress, nutritional deficits, or pest infestations, can be found using satellite photography. Farmers can identify variances and identify areas that need care by monitoring vegetation indices over time and comparing them to reference values.

The Agribusiness Segment Witnessed Growth At A Rapid Rate

The agribusiness segment is projected to grow at a rapid rate in the global satellite imaging for the agriculture market. The agricultural satellite imaging market is significant to the agribusiness industry. Farming, crop production, agrochemicals, seed production, agricultural machinery, and other operations are all included in agribusinesses. Agribusinesses can gain a lot from satellite imaging technology, which helps companies increase productivity, streamline processes, and make wise decisions. Agribusinesses may monitor crop health and growth throughout the growing season using satellite photography.

In The Region, The North America Satellite Imaging For Agriculture Market Holds A Significant Revenue Share

The North America Satellite Imaging for Agriculture Market is expected to register the highest market share in terms of revenue in the near future. A significant and growing sector of the agriculture industry in North America is satellite imaging for agriculture. Numerous farms, sophisticated farming methods, and a high level of technological adoption can all be found in North America.

Market growth has been influenced by a number of factors, including the growing use of precision agriculture technology, the demand for increased production, and the emphasis on environmentally friendly practices. More farmers and agribusinesses are likely to realize the advantages of satellite imaging in maximizing agricultural operations, which will lead to further market expansion. A significant sector of the region's agricultural market is the Europe satellite imaging for agriculture market. With a strong emphasis on sustainable practices, precision agriculture, and technology breakthroughs, Europe has a broad and substantial agricultural sector.

Satellite Imaging for Agriculture Market Report Scope:

Report Attribute Specifications
Market size value in 2024 USD 588.1 Mn
Revenue forecast in 2034 USD 1359.0 Mn
Growth rate CAGR CAGR of 8.9% from 2025 to 2034
Quantitative units Representation of revenue in US$ Mn,, and CAGR from 2025 to 2034
Historic Year 2021 to 2024
Forecast Year 2025-2034
Report coverage The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends
Segments covered Application, End-User, And Product
Regional scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country scope U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia
Competitive Landscape Airbus, Farmers Edge Inc, Planet Labs PBC, Satellogic, Syngenta, Maxar Technologies, Descartes Labs, Inc, EOS Data Analytics, Inc, Esri, European Space Imaging, Gamaya, ICEYE, NaraSpace Inc, Open Cosmos Ltd, Satellite Imaging Corporation, SkyWatch, SpaceKnow Inc., EarthDaily Analytics, SatSure, SpaceSense, Perspective.
Customization scope Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.
Pricing and available payment methods Explore pricing alternatives that are customized to your particular study requirements.

Segmentation of Satellite Imaging for Agriculture Market-

Satellite Imaging for Agriculture Market By Application-

  • Crop Health Monitoring
  • Soil Mapping
  • Forestry
  • Others 

Satellite Imaging for Agriculture Market By End-User-

  • Agribusinesses
  • Government and Non-Government Agencies
  • Research Institutes
  • Others

Satellite Imaging for Agriculture Market

Satellite Imaging for Agriculture Market By Product-

  • Data Acquisition
  • Processing
  • Analytics
  • Integrated Delivery Platform

Satellite Imaging for Agriculture Market By Region-

North America-

  • The US
  • Canada

Europe-

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

Asia-Pacific-

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

Latin America-

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

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Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

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Frequently Asked Questions

Satellite Imaging for Agriculture Market Size is valued at USD 588.1 Mn in 2024 and is predicted to reach USD 1359.0 Mn by the year 2034

Satellite Imaging for Agriculture Market expected to grow at a 8.9% CAGR during the forecast period for 2025-2034

Airbus, Farmers Edge Inc, Planet Labs PBC, Satellogic, Syngenta, Maxar Technologies, Descartes Labs, Inc, EOS Data Analytics, Inc, Esri, European Spac

Application, End-User, and Product are the key segments of the Satellite Imaging for Agriculture Market.

North America region is leading the Satellite Imaging for Agriculture Market.
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