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Satellite Bus Global Market Report 2022

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    Report

  • 175 Pages
  • August 2022
  • Region: Global
  • The Business Research Company
  • ID: 5647084
Major players in the satellite bus market are Airbus SAS, Ball Corporation, Boeing, Honeywell International Inc, Israel Aerospace Industries Ltd, Lockheed Martin Corporation, Mitsubishi Electric Corporation, Sierra Nevada Corporation, Thales Alenia Space, SpaceQuest Ltd, Alliant Techsystems Inc, Sputnix, and Magellan Aerospace.

The global satellite bus market is expected to grow from $10.42 billion in 2021 to $11.04 billion in 2022 at a compound annual growth rate (CAGR) of 4.98%. The market is expected to reach $13.62 billion in 2026 at a CAGR of 5.39%.

The satellite bus market consists of sales of satellite buses by entities (organizations, partnerships, and sole proprietors) that refer to the satellite's primary body and structural component used to hold the payload and scientific equipment. Satellite buses are frequently tailored to client specifications. Satellite buses are primarily utilized in geosynchronous satellites, especially communications satellites. It is also used in lower-orbit spacecraft including low-earth-orbit missions.

The main types of satellite buses include small satellites, medium satellites, and large satellites. The small satellite refers to a primary body and structural component used to hold the payload and scientific equipment in satellites weighing less than 500 kilograms. These satellite buses are used for earth observation and meteorology, communication, scientific research and exploration, and other applications.

North America was the largest region in the satellite bus market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the satellite bus market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The satellite bus market research report is one of a series of new reports that provides satellite bus market statistics, including satellite bus industry global market size, regional shares, competitors with a satellite bus market share, detailed satellite bus market segments, market trends and opportunities, and any further data you may need to thrive in the satellite bus industry. This satellite bus 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 increase in investment by governments & space agencies is significantly driving the growth of the satellite bus market. The government of different countries is allocating special budgets for exploration, development, testing, evaluation, procurement and operation, and conservation of satellites and associated factors. The increased expenditure on new satellites is expected to boost the utilization of satellite buses, as they are often used as a structural body and primary system for space vehicles. For instance, according to the Government Space Programs 2020 report by Euroconsult, a leading global strategy consulting and market intelligence firm, government space expenditure increased by 10% from 2019 to 2020, showing the highest yearly budget growth since 2009. The US retains its leadership in government space spending, accounting for 58% of the world’s total ($47.7 billion in 2020). Thus, an increase in investment by government and space agencies will contribute to a rise in demand for satellite buses during the forecast period.

Technological advancement is a key trend gaining popularity in the satellite bus market. Major companies operating in the satellite bus market are focused on bringing technological advancements in satellite buses to strengthen their position. Some of the recently introduced technologies include electric propulsion technology, high-resolution cameras, advanced remote seeing technology, future generation GPS satellites, LIDAR technology, and others. These advanced satellite buses offer advanced payload, better visibility with advanced cameras, and reduce cost. For instance, currently, Lockheed Martin Corporation, a USA-based provider of aerospace, arms, defence, and information technology solutions, is developing an LM400 satellite bus with a 1,700 KG payload and offers a wide variety of flexibility for various applications with common design and hardware.

In October 2020, AAC Clyde Space, a Sweden-based new space company that specializes in small satellite technologies and services, announced to acquiring SpaceQuest for $8.4 million. Through this acquisition, AAC Clyde Space will grow its operations in the USA and expand its Space as a Service [SaaS] business. SpaceQuest Ltd is a US-based spacecraft component and engineering company that works on the operations of small satellites.

The countries covered in the satellite bus market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.




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Table of Contents

1. Executive Summary2. Satellite Bus Market Characteristics3. Satellite Bus Market Trends And Strategies4. Impact Of COVID-19 On Satellite Bus
5. Satellite Bus Market Size And Growth
5.1. Global Satellite Bus Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Satellite Bus Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Satellite Bus Market Segmentation
6.1. Global Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Small Satellite
  • Medium Satellite
  • Large Satellite
6.2. Global Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Earth Observation & Meteorology
  • Communication
  • Scientific Research & Exploration
  • Other Applications
7. Satellite Bus Market Regional And Country Analysis
7.1. Global Satellite Bus Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Satellite Bus Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Satellite Bus Market
8.1. Asia-Pacific Satellite Bus Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8.3. Asia-Pacific Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Satellite Bus Market
9.1. China Satellite Bus Market Overview
9.2. China Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
9.3. China Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Satellite Bus Market
10.1. India Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
10.2. India Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Satellite Bus Market
11.1. Japan Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11.2. Japan Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Satellite Bus Market
12.1. Australia Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12.2. Australia Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Satellite Bus Market
13.1. Indonesia Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13.2. Indonesia Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Satellite Bus Market
14.1. South Korea Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14.2. South Korea Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Satellite Bus Market
15.1. Western Europe Satellite Bus Market Overview
15.2. Western Europe Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15.3. Western Europe Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Satellite Bus Market
16.1. UK Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16.2. UK Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Satellite Bus Market
17.1. Germany Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17.2. Germany Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Satellite Bus Market
18.1. France Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18.2. France Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Satellite Bus Market
19.1. Eastern Europe Satellite Bus Market Overview
19.2. Eastern Europe Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19.3. Eastern Europe Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Satellite Bus Market
20.1. Russia Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20.2. Russia Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Satellite Bus Market
21.1. North America Satellite Bus Market Overview
21.2. North America Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21.3. North America Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Satellite Bus Market
22.1. USA Satellite Bus Market Overview
22.2. USA Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22.3. USA Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Satellite Bus Market
23.1. South America Satellite Bus Market Overview
23.2. South America Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23.3. South America Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Satellite Bus Market
24.1. Brazil Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24.2. Brazil Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Satellite Bus Market
25.1. Middle East Satellite Bus Market Overview
25.2. Middle East Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25.3. Middle East Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Satellite Bus Market
26.1. Africa Satellite Bus Market Overview
26.2. Africa Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26.3. Africa Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Satellite Bus Market Competitive Landscape And Company Profiles
27.1. Satellite Bus Market Competitive Landscape
27.2. Satellite Bus Market Company Profiles
27.2.1. Airbus SAS
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Ball Corporation
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Boeing
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Honeywell International Inc
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Israel Aerospace Industries Ltd
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Satellite Bus Market29. Satellite Bus Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright And Disclaimer

Executive Summary

Satellite Bus Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global satellite bus market.

This report focuses on satellite bus market which is experiencing strong growth. The report gives a guide to the satellite bus market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the satellite bus? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Satellite Bus market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider satellite bus market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The satellite bus market section of the report gives context. It compares the satellite bus market with other segments of the satellite bus market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, satellite bus indicators comparison.

Scope

Markets Covered:

1) By Type: Small Satellite; Medium Satellite; Large Satellite
2) By Application: Earth Observation & Meteorology; Communication; Scientific Research & Exploration; Other Applications

Companies Mentioned: Airbus SAS; Ball Corporation; Boeing; Honeywell International Inc.; Israel Aerospace Industries Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Airbus SAS
  • Ball Corporation
  • Boeing
  • Honeywell International Inc.
  • Israel Aerospace Industries Ltd.

Methodology

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