Space-Weather Monitoring Satellite Market Report 2025

The space-weather monitoring satellite market size has grown rapidly in recent years. It will grow from $1.77 billion in 2024 to $1.96 billion in 2025 at a compound annual growth rate (CAGR) of 10.9%. The growth during the historic period is due to greater dependence on satellite communications, heightened awareness of the effects of solar activity, increased vulnerability of power grids, growing government investment in space weather initiatives, and expanding collaboration in space exploration.

The space-weather monitoring satellite market size is expected to see rapid growth in the next few years. It will grow to $2.93 billion in 2029 at a compound annual growth rate (CAGR) of 10.5%. The anticipated growth during the forecast period is driven by increasing dependence on satellite-enabled services, rising investments in space technologies, higher demand for high-resolution data, wider adoption of artificial intelligence and analytics, and a growing focus on climate and disaster monitoring. Key trends include progress in AI-powered forecasting, the deployment of small satellite constellations, innovations in real-time data analytics, enhanced international cooperation, and advancements in resilient onboard sensor technologies.

The increasing number of satellite launches is expected to drive growth in the space-weather monitoring satellite market in the coming years. Satellites, which can be either man-made or natural objects orbiting planets or celestial bodies, are being launched more frequently due to rising demand for global internet access. Companies and governments are deploying satellites to deliver high-speed connectivity, especially in remote and underserved areas. This surge in satellite launches also benefits space-weather monitoring by enabling more dedicated satellites to continuously observe solar activity and its effects on Earth’s magnetosphere. This improves forecasting accuracy and early-warning systems. For example, the Space Foundation, a US-based non-profit, reported that 259 launches occurred in 2024, averaging one launch every 34 hours about five hours earlier on average than in 2023. Consequently, this increase in satellite deployments is propelling the growth of the space-weather monitoring satellite market.

Leading companies in the space-weather monitoring satellite market are concentrating on developing advanced technologies, such as redesigned radiators, to enhance thermal management of satellite instruments. These improvements boost operational efficiency in harsh space environments and ensure precise monitoring of solar and space-weather events. A redesigned radiator is a satellite component crafted to effectively dissipate heat from onboard instruments, helping maintain optimal operating temperatures amid space’s extreme conditions. For instance, in March 2022, the National Oceanic and Atmospheric Administration (NOAA) launched the Geostationary Operational Environmental Satellite (GOES)-T on a United Launch Alliance Atlas V rocket from Cape Canaveral Space Force Station in Florida. GOES-T aims to improve environmental monitoring by providing crucial data on wildfires across the western United States, including Hawaii and Alaska, as well as storm activity over the Pacific Ocean. This satellite enables real-time tracking of wildfire smoke, aiding emergency responders and public safety officials in identifying hotspots. Its instruments also measure pressures and temperatures generated by lightning strikes, contributing to more precise atmospheric and environmental analyses.

In August 2024, NASA partnered with the Laboratory for Atmospheric and Space Physics (LASP) to advance space weather research, modeling, and innovation. NASA’s Goddard Space Flight Center and LASP intend to enhance space weather studies by developing advanced instruments, improving satellite payload capabilities, and expanding Research to Operations efforts. Their collaboration will also tackle policy issues, mission planning, and best practices to protect astronauts, spacecraft, and Earth-based technologies while furthering knowledge in heliophysics. LASP is a US-based research institute focused on space science, atmospheric research, solar and planetary studies, and space-weather monitoring.

Major players in the space-weather monitoring satellite market are The Boeing Company, Airbus SE, Raytheon Technologies Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, BAE Systems, National Aeronautics and Space Administration (NASA), Thales Group, L3Harris Technologies, National Oceanic and Atmospheric Administration (NOAA), Sierra Nevada Corporation, Southwest Research Institute (SwRI), European Space Agency (ESA), Japan Aerospace Exploration Agency (JAXA), University Corporation for Atmospheric Research (UCAR), Astroscale Holdings Inc., Spire Global Inc., EnduroSat, Muon Space, Mission Space, and China Academy of Space Technology.

North America was the largest region in the space-weather monitoring satellite market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in space-weather monitoring satellite report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the space-weather monitoring satellite 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.

A space-weather monitoring satellite is a spacecraft designed to track and measure solar activity, cosmic radiation, and geomagnetic conditions to predict space weather and safeguard technologies both on Earth and in orbit. It provides real-time information on solar storms, radiation levels, and geomagnetic events to help protect satellites, power grids, and communication networks.

The primary types of space-weather monitoring satellites are those in low Earth orbit (LEO), medium Earth orbit (MEO), and geostationary orbit (GEO). Low Earth orbit (LEO) satellites circle the Earth at altitudes ranging from about 160 km to 2,000 km, staying relatively close to the planet’s surface. These satellites are equipped with various instruments such as magnetometers, particle detectors, plasma analyzers, and solar telescopes, which serve purposes such as space weather forecasting, communication, navigation, and scientific research. Key users include government and defense agencies, commercial entities, research organizations, and others.

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

The space-weather monitoring satellite market includes of sales of satellite payloads, data receivers, satellite launch vehicles, satellite components, and subsystems. 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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