SpaceNews: Connecting the Dots | Wildfires are advancing, but so is satellite technology
While demand for satellite-enabled wildfire services is growing among government customers, Northern Sky Research senior analyst Prachi Kawade says it will “remain a very small portion” of the broader market.
Kawade says it mostly forms a small part of what it classifies as the “non-imagery” segment of the Earth observation industry.
This segment includes capabilities including infrared and thermal imaging and is forecast to grow from $34 million in 2020 to $1.5 billion in 2030.
In contrast, she said the total Earth observation market is set to expand from $3.5 billion to $8.8 billion over the same decade.