The Planetary Geology Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Planetary Geology Market?
The Planetary Geology Global Market was valued at $1.79 billion in 2024, and it is projected to reach $2.00 billion in 2025, with a compound annual growth rate (CAGR) of 12.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Planetary Geology Industry?
The Planetary Geology Global Market is projected to reach $3.14 billion in 2029, with a compound annual growth rate (CAGR) of 11.9%.
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What are the Key Growth Drivers Fueling the Planetary Geology Market?
The key drivers in the planetary geology market are:
• Rising investment in space research
• Expansion of the private space sector
• Increase in interplanetary mission launches
• Growing emphasis on extraterrestrial resource assessment and Mars and Moon exploration
Global Market Segmentation: Identifying Major Planetary Geology Industry Segments
The planetary geology market covered in this report is segmented –
1) By Component: Instruments, Software, Services
2) By Application: Space Exploration, Research And Development, Academic Institutions, Government Agencies, Other Applications
3) By End-User: Aerospace, Defense, Research Institutes, Other End-Users
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What are the Emerging Trends Shaping the Future of the Planetary Geology Market?
The key trends in the planetary geology market are:
• The future of the Planetary Geology global market is being shaped by advancements in remote sensing technologies.
• The usage of advanced planetary rover instrumentation is trending.
• The innovation in 3-dimensional planetary mapping techniques is also an emerging trend.
• Significant developments include the integration of artificial intelligence in geological data analysis, advancements in hyperspectral imaging and machine learning in planetary surface classification.
Who Are the Top Competitors & Leading Players in the Planetary Geology Market?
Major players in the planetary geology market are:
• Lockheed Martin Corporation
• Airbus SE
• Thales SA
• Ball Aerospace & Technologies Corp
• Carl Zeiss Microscopy GmbH
• Bruker Corporation
• Maxar Technologies Inc
• Leica Geosystems AG
• Earth Science Systems Inc
• Sensors & Software Inc
• Sercel SAS
• ESG Solutions Ltd
• GEOSPACE Technologies Corporation
• Honeybee Robotics Ltd
• Güralp Systems Ltd
• Malin Space Science Systems Inc
• Scintrex Limited
• Officina Stellare
• RMS Instruments Inc
• Radar Systems Inc.
• Geonics Ltd
Regional Dominance: Which Area Leads the Global Planetary Geology Market?
North America was the largest region in the planetary geology market in 2024
