Space-Based Oceanography Market Report 2025

The space-based oceanography market size has grown strongly in recent years. It will grow from $3.05 billion in 2024 to $3.31 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth during the historic period can be attributed to the rising need for climate monitoring, growing naval and defense applications, increasing government funding for Earth observation, rising demand for accurate weather forecasting, and the expansion of academic and research activities.

The space-based oceanography market size is expected to see strong growth in the next few years. It will grow to $4.54 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to the increasing commercialization of Earth observation, rising importance of blue economy monitoring, growing demand for disaster risk reduction, an expanding role in global sustainability efforts, and advancements in satellite capability and resolution. Major trends expected during this period include progress in satellite miniaturization and cost efficiency, a shift toward multi-sensor satellite payloads, the development of cloud-based ocean data platforms, advancements in satellite ocean color and biogeochemical monitoring, and the integration of oceanographic data into maritime navigation and logistics systems.

The growing focus on maritime security and environmental monitoring is expected to propel the growth of the space-based oceanography market going forward. Maritime security and environmental monitoring involve the protection of maritime interests and the systematic observation of oceanic conditions to ensure safe navigation, prevent illegal activities, and monitor the ocean’s ecological health. This growing focus is driven by rising threats from illegal fishing, piracy, and pollution, which require advanced satellite-based technologies for real-time ocean surveillance and environmental protection. The demand for ocean surveillance and ecological monitoring is increasing, leading to the adoption of space-based oceanography solutions. These technologies deliver real-time, high-precision data that support maritime safety, ecosystem monitoring, and sustainable resource management. For example, in January 2024, the International Maritime Bureau Piracy Reporting Centre (IMB PRC), a Malaysia-based organization, reported around 120 maritime incidents in 2023, up from 115 in 2022. Therefore, the growing focus on maritime security and environmental monitoring is driving the growth of the space-based oceanography market.

Major companies operating in the space-based oceanography market are focusing on technological advancements such as hyperspectral ocean color imaging-based satellites to improve the accuracy of ocean and atmospheric data collection and support better identification of marine ecosystems. A hyperspectral ocean color imaging-based satellite is an Earth observation satellite equipped with sensors that capture detailed ocean color information across hundreds of narrow spectral bands. For example, in February 2024, the National Aeronautics and Space Administration (NASA), a US-based independent space agency, launched the Plankton, Aerosol, Cloud, Ocean Ecosystem (PACE) satellite aboard a SpaceX Falcon 9 rocket from the Kennedy Space Center in Florida. This satellite is designed to improve understanding of Earth's oceans and atmosphere using advanced hyperspectral imaging and polarimetry technologies. It carries instruments that can detect over 100 wavelengths of light. PACE helps scientists monitor ocean health, track air pollution, and study the interactions between oceans, clouds, and atmospheric particles. The mission supports environmental observation, climate science, and weather forecasting through high-resolution global data for studying Earth’s dynamic systems.

In February 2025, Fugro NV, a Netherlands-based geodata and geotechnical services company, acquired EOMAP GmbH & Co. KG for an undisclosed amount. With this acquisition, Fugro is strengthening its Earth observation capabilities by incorporating EOMAP’s satellite-derived hydro spatial data expertise into its portfolio. EOMAP GmbH & Co. KG is a Germany-based company specializing in optical remote sensing for marine, coastal, and inland water environments, including services related to space-based oceanography.

Major players in the space-based oceanography market are Raytheon Technologies, Honeywell Aerospace Inc, Teledyne Technologies Incorporated, Thales Alenia Space SAS, Maxar Technologies Inc, OHB System AG, Airbus Defense and Space, ICEYE Ltd., Planet Labs PBC, Surrey Satellite Technology Limited, Spire Global Inc, Blacksky Technology Inc, The Tomorrow Companies Inc, Pixxel Space Technologies Pvt Ltd, AAC Clyde Space AB, HawkEye 360 Inc, Satellogic Inc, Changsha Spacety Co Ltd, Kleos Space SA, Umbra Lab Inc, GeoOptics Inc, isardSAT, Capella Space Corp.

North America was the largest region in the space-based oceanography market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in space-based oceanography report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the space-based oceanography market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

Space-based oceanography refers to the study and monitoring of oceanic phenomena using satellite-based remote sensing technologies. It relies on satellite data to observe large-scale, real-time information about sea surface temperature, sea level, ocean currents, and other marine parameters. This approach provides a consistent and global perspective of ocean conditions over time.

The primary technologies used in space-based oceanography include satellite altimetry, satellite ocean color, satellite scatterometry, satellite radiometry, and others. Satellite altimetry is a remote sensing method that measures the height of the Earth's surface, especially ocean and land elevations, by calculating the time radar pulses take to return to the satellite. These technologies are applied in climate monitoring, weather forecasting, marine ecosystem observation, coastal management, and other areas. End users include government agencies, research institutions, commercial organizations, and others.

The space-based oceanography market research report is one of a series of new reports that provides space-based oceanography market statistics, including space-based oceanography industry global market size, regional shares, competitors with an space-based oceanography market share, detailed space-based oceanography market segments, market trends and opportunities, and any further data you may need to thrive in the space-based oceanography industry. The space-based oceanography market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The space-based oceanography market consists of revenues earned by entities providing services such as sea surface temperature monitoring, ocean current analysis, sea level and coastal observation, and marine resource management. The market value includes the value of related goods sold by the service provider or included within the service offering. The space-based oceanography market also includes sales of ocean monitoring satellites, remote sensing sensors, data processing systems, satellite communication equipment, and oceanographic analytics software. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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