Planetary Geology Global Market Report 2025

Planetary Geology Market Overview

• Planetary Geology market size has reached to $1.79 billion in 2024

• Expected to grow to $3.14 billion in 2029 at a compound annual growth rate (CAGR) of 11.9%

• Growth Driver: Increasing Investment In Space Exploration Fueling The Growth Of The Market Due To Rising Demand For Celestial Body Analysis

• Market Trend: Technological Advancements In Interplanetary Spacecraft Fuels The Market Due To Rising Demand For Detailed Planetary Geology Insights

• North America was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Planetary Geology Market?

Planetary geology is the scientific study of celestial bodies' composition, structure, and surface processes, such as planets, moons, asteroids, and comets. It focuses on understanding features such as craters, volcanoes, tectonic activity, and erosion to uncover these bodies' geological history and evolution. This field is critical in supporting space missions, guiding exploration strategies, and identifying potential extraterrestrial resources.

The main components involved in planetary geology are instruments, software, and services. Instruments refer to physical devices such as cameras, spectrometers, laser altimeters, and radars that are deployed on spacecraft, landers, or rovers to measure and study the surfaces and internal structures of planets, moons, asteroids, and comets. These serve various applications, including space exploration, research and development, academic institutions, government agencies, and others, and are utilized by multiple end-users such as aerospace, defense, research institutes, and others.

What Is The Planetary Geology Market Size 2025 And Growth Rate?

The planetary geology market size has grown rapidly in recent years. It will grow from $1.79 billion in 2024 to $2.00 billion in 2025 at a compound annual growth rate (CAGR) of 12.2%. The growth in the historic period can be attributed to increasing interest in space exploration, rising demand for planetary surface mapping, rise in government funding for planetary missions, increasing academic research in planetary sciences, rising number of interplanetary missions and rise in demand for mineralogical analysis of celestial bodies.

What’s The Trade War Impact On Aerospace And Defense Industry?

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.

How is the Planetary Geology Market 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

Subsegments:

1) By Instruments: Spectrometers, Seismometers, Ground Penetrating Radar (GPR), Gravimeters, Magnetometers, Cameras, Sample Collection Tools, Drill Systems, Inertial Measurement Units (IMUs), Robotic Arms And Mobility Systems

2) By Software: Geospatial Mapping Software, 3Dimensional Geological Modeling Tools, Remote Sensing Data Processing, Planetary Simulation Software, Mission Planning And Navigation Systems, Spectral Analysis Tools, Data Visualization Platforms, Artificial Intelligence Or Machine Learning-Based Geological Interpretation Tools

3) By Services: Geological Survey And Data Interpretation, Calibration And Maintenance Services, Mission Design And Support Services, Data Analytics And Consulting, Software Integration And Customization, Training And Education, Remote Operation And Monitoring, Sample Return And Analysis Services

What Is Driving The Planetary Geology Market? Increasing Investment In Space Exploration Fueling The Growth Of The Market Due To Rising Demand For Celestial Body Analysis

The increasing investment in space exploration is expected to propel the growth of the planetary geology market going forward. Space exploration investments refer to the financial support directed toward developing and advancing technologies, infrastructure, and services related to space exploration and operations. The space exploration investments are growing primarily due to rising interest from private companies seeking commercial opportunities in satellite deployment, space tourism, and data services. Investment in space exploration supports planetary geology by funding missions that study the composition, structure, and history of planets, moons, and asteroids. For instance, in March 2022, according to the Department of Industry Science and Resource, an Australia-based government department, in 2024, global space budgets rose to €121 billion ($138.75 billion), marking a 7% increase from 2023. Of this total, 47% was allocated to civil space programs, representing a 5% increase compared to the previous year. Therefore, the increasing investment in space exploration is driving the growth of the planetary geology market.

What Is Driving The Planetary Geology Market? Increasing Investment In Space Exploration Fueling The Growth Of The Market Due To Rising Demand For Celestial Body Analysis

The increasing investment in space exploration is expected to propel the growth of the planetary geology market going forward. Space exploration investments refer to the financial support directed toward developing and advancing technologies, infrastructure, and services related to space exploration and operations. The space exploration investments are growing primarily due to rising interest from private companies seeking commercial opportunities in satellite deployment, space tourism, and data services. Investment in space exploration supports planetary geology by funding missions that study the composition, structure, and history of planets, moons, and asteroids. For instance, in March 2022, according to the Department of Industry Science and Resource, an Australia-based government department, in 2024, global space budgets rose to €121 billion ($138.75 billion), marking a 7% increase from 2023. Of this total, 47% was allocated to civil space programs, representing a 5% increase compared to the previous year. Therefore, the increasing investment in space exploration is driving the growth of the planetary geology industry.

Who Are The Major Players In The Global Planetary Geology Market?

Major Companies operating 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

Who Are The Major Players In The Global Planetary Geology Market?

Major Companies operating 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

What Are The Key Trends Of The Global Planetary Geology Market? Technological Advancements In Interplanetary Spacecraft Fuels The Market Due To Rising Demand For Detailed Planetary Geology Insights

Major companies operating in the planetary geology market are focusing on technological advancements, such as interplanetary spacecraft, to enhance the exploration and analysis of extraterrestrial surfaces. An interplanetary spacecraft is a space vehicle designed to travel between planets within a solar system, operating beyond Earth's orbit to explore other planetary bodies such as Mars, Venus, Jupiter, or asteroids and comets. For instance, in October 2024, the National Aeronautics and Space Administration (NASA), a US-based independent space agency, launched the Europa Clipper mission, an interplanetary spacecraft designed to investigate Jupiter's icy moon, Europa. The spacecraft is equipped with high-resolution cameras, ice-penetrating radar, thermal instruments, and a magnetometer to study the moon's surface, subsurface ocean, and potential habitability. It has a mass of about 6,000 kg and is powered by solar arrays over 30 meters. Europa Clipper aims to make nearly 50 flybys of Europa. Its data will help determine if conditions exist to support life beneath the moon's icy crust.

What Are The Key Trends Of The Global Planetary Geology Market? Technological Advancements In Interplanetary Spacecraft Fuels The Market Due To Rising Demand For Detailed Planetary Geology Insights

Major companies operating in the planetary geology market are focusing on technological advancements, such as interplanetary spacecraft, to enhance the exploration and analysis of extraterrestrial surfaces. An interplanetary spacecraft is a space vehicle designed to travel between planets within a solar system, operating beyond Earth's orbit to explore other planetary bodies such as Mars, Venus, Jupiter, or asteroids and comets. For instance, in October 2024, the National Aeronautics and Space Administration (NASA), a US-based independent space agency, launched the Europa Clipper mission, an interplanetary spacecraft designed to investigate Jupiter's icy moon, Europa. The spacecraft is equipped with high-resolution cameras, ice-penetrating radar, thermal instruments, and a magnetometer to study the moon's surface, subsurface ocean, and potential habitability. It has a mass of about 6,000 kg and is powered by solar arrays over 30 meters. Europa Clipper aims to make nearly 50 flybys of Europa. Its data will help determine if conditions exist to support life beneath the moon's icy crust.

What Are Latest Mergers And Acquisitions In The Planetary Geology Market? Ispace Partnered With SpaceData To Advance Lunar Exploration And Resource Mapping

In March 2025, ispace Inc., a Japan-based lunar robotic exploration company, partnered with SpaceData Inc. With this partnership, ispace aims to combine its lunar lander technology with SpaceData’s advanced geological analysis to enhance lunar surface exploration and resource mapping capabilities. SpaceData Inc. is a Japan-based technology company specializing in planetary geology and space-based data analytics.

What Are Latest Mergers And Acquisitions In The Planetary Geology Market? Ispace Partnered With SpaceData To Advance Lunar Exploration And Resource Mapping

In March 2025, ispace Inc., a Japan-based lunar robotic exploration company, partnered with SpaceData Inc. With this partnership, ispace aims to combine its lunar lander technology with SpaceData’s advanced geological analysis to enhance lunar surface exploration and resource mapping capabilities. SpaceData Inc. is a Japan-based technology company specializing in planetary geology and space-based data analytics.

What Is The Regional Outlook For The Global Planetary Geology Market?

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

The countries covered in the planetary geology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Is The Regional Outlook For The Global Planetary Geology Market?

North America was the largest region in the planetary geology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Planetary Geology Market?

The planetary geology market consists of revenues earned by entities by providing services such as planetary surface analysis, geological mapping of celestial bodies, remote sensing and imaging, mineral and chemical composition assessment, and data interpretation for space missions. The market value includes the value of related goods sold by the service provider or included within the service offering. The planetary geology market includes sales of energy-efficient components and smart grid integrate geological mapping software, remote sensing instruments, spectrometers, planetary rovers and landers, data analytics tools, and other scientific equipment. 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.

What Defines the Planetary Geology Market?

The planetary geology market consists of revenues earned by entities by providing services such as planetary surface analysis, geological mapping of celestial bodies, remote sensing and imaging, mineral and chemical composition assessment, and data interpretation for space missions. The market value includes the value of related goods sold by the service provider or included within the service offering. The planetary geology market includes sales of energy-efficient components and smart grid integrate geological mapping software, remote sensing instruments, spectrometers, planetary rovers and landers, data analytics tools, and other scientific equipment. 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.

How is Market Value Defined and Measured?

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.

How is Market Value Defined and Measured?

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.

What is the Market Assessment and Strategic Outlook for the Planetary Geology Industry?

The planetary geology market research report is one of a series of new reports from The Business Research Company that provides planetary geology market statistics, including planetary geology industry global market size, regional shares, competitors with an planetary geology market share, detailed planetary geology market segments, market trends and opportunities, and any further data you may need to thrive in the planetary geology industry. The planetary geology 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.

What is the Market Assessment and Strategic Outlook for the Planetary Geology Industry?

The planetary geology market research report is one of a series of new reports from The Business Research Company that provides market statistics, including planetary geology industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the planetary geology industry. The planetary geology 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.