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Satellites Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939079
The satellites market size has grown strongly in recent years. It will grow from $28.11 billion in 2023 to $30.04 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%.The expansion observed in the historical period can be ascribed to a rise in investments in satellites, the launch of advanced low Earth orbit satellites, and an increase in technology development.

The satellites market size is expected to see strong growth in the next few years. It will grow to $36.81 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The anticipated expansion in the forecast period can be credited to the rising adoption of low Earth orbit satellites across various sectors, the increased utilization of lightweight materials, strong government support, a growing demand for telecommunication services, and augmented investments. Notable trends expected in the forecast period encompass the implementation of small satellite systems, the integration of artificial intelligence, the utilization of 3D printing, continuous advancements in payload systems, a focus on advanced ground systems, and strategic collaborations and acquisitions.

During the forecast period, the surge in demand for Direct-To-Home (DTH) television services has played a pivotal role in propelling the growth of the satellite market. DTH service, a form of digital satellite service, efficiently delivers satellite television programming directly to a subscriber's home. According to the Telecom Regulatory Authority of India (TRAI) Quarterly Indicator Report, the total active subscriber base of Pay DTH witnessed an increase from 65.58 million in September 2022 to 66.62 million in December 2022, reflecting the escalating demand for DTH services. Given that DTH services utilize wireless technology, television programs are transmitted directly from the satellite to the subscriber's television, contributing to the increased demand for satellites and thereby generating revenue for the global satellites market.

The burgeoning space industry is anticipated to drive the growth of the satellite market in the future. The space industry encompasses economic activities related to the manufacturing of components destined for outer space, delivering these components to space regions (Earth's orbit or beyond), and providing related services. The space industry is consistently advancing, launching satellites for various purposes, including communications, Earth observation, navigation, and scientific research. This growth in the space industry has led to advancements in satellite technology, increased connectivity, improved data collection capabilities, enhanced navigation systems, and more. For instance, a report from the Space Foundation, a US-based nonprofit organization, revealed that the global space economy reached $469 billion in 2021, marking a 9% increase from 2020. Furthermore, according to Morgan Stanley, a US-based investment banking company, the revenue generated by the global space industry is projected to surpass $1 trillion by 2040. Thus, the expanding space industry serves as a driving force for the growth of the satellite market.


The satellites market is witnessing a rise in the popularity of hybrid Direct-To-Home (DTH) set-top boxes. The emergence of hybrid set-top boxes is a result of DTH operators seeking to bring online content to television screens. An illustration of this trend is evident in the April 2023 launch by Bharti Airtel Limited, an India-based telecommunications services company, of the X-stream Hybrid Android set-top box. The Airtel Xstream Box with Android 10 offers an affordable streaming device with the latest features, including Chromecast functionality, enabling users to cast content from their smartphones or tablets to their TVs.

Leading companies in the satellite market are strategically incorporating earth observation satellites into their offerings to gain a competitive advantage. Earth observation satellites are specifically designed for observing the Earth from orbit, capturing data on the Earth's surface, atmosphere, oceans, and various phenomena such as weather patterns, natural disasters, climate change, and human activities. In November 2022, the Indian Space Research Organization (ISRO) launched the Earth Observation Satellite-6 (EOS-6), the third-generation Indian satellite dedicated to monitoring the oceans. EOS-6 features three ocean observation sensors, the Ku-Band scatterometer (SCAT-3), the Sea Surface Temperature Monitor (SSTM), and the Ocean Color Monitor (OCM-3). These sensors provide crucial data, including ocean surface temperature, high-resolution wind vectors, and information on ocean color. The EOS-6 satellite contributes valuable insights for applications ranging from fishery forecasts to coral reef health monitoring and cyclone tracking.

In May 2023, Viasat Inc., a U.S.-based communications company, acquired Inmarsat for an undisclosed amount. This strategic acquisition enhances Viasat's scale and capabilities, positioning the company for continued growth in the dynamic and competitive satellite communications industry. Inmarsat, a UK-based satellite telecommunications company, adds significant resources and expertise to Viasat's portfolio.

Major companies operating in the satellites market report are Lockheed Martin Corporation, The Boeing Company, Thales Group, Airbus SE, Northrop Grumman Corporation, OHB SE, Israel Aerospace Industries Ltd., ST Engineering, NanoAvionics, Gomspace, Beijing Commsat Technology Development Co., Ltd., Anabond Limited, Intech Dmls Pvt Ltd., Avasarala Technologies Limited, Telstra, Speedcast International Limited, One Space Tech, Land Space Technology Corporation Ltd., ExPace Technology Corporation, Skyroot Aerospace, Gilmour Space Technologies, NextAero, Deep Blue Aerospace, JZYJ Space Technology, Mitsubishi Heavy Industries, Tamadic Co Ltd., China Aerospace Science and Technology Corporation (CASC), Honeywell International Inc., Bombardier Inc., Embraer, McDonnell Douglas, Cessna, Telespazio SpA, Raytheon, AAC Microtec, Thales Alenia Space, Surrey Satellite Technology Ltd., EnduroSat, AAC Clyde Space, Space Exploration Technologies Corp (SpaceX), Viasat Inc., Telesat, Starlink Satellite Constellation, OneWeb, Hughes Network Systems, Innova Space, ARSAT, Satellogic, Al Yah Satellite Communications (YAHSAT), Arabsat, Es'hailSat, QSAT, Saman Satellite Communications, SSCG, DragonFly Aerospace, Eureka Geo, SCS Space, XinaBox, ETSE CubeCom, Omarichet, Simera Sense.

Asia-Pacific was the largest region in the satellites market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global satellites market share during the forecast period. The regions covered in the satellites market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the satellites market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

Satellites are categorized into various types, including large satellites, mini satellites, nano satellites, and micro satellites. Large satellites are characterized by significant physical size and mass compared to their smaller counterparts. Different types of orbits, such as low Earth orbit (LEO), medium Earth orbit (MEO), geosynchronous orbit (GEO), and elliptical orbit (EL), serve diverse purposes in scientific research, technology demonstration and verification, earth observation and remote sensing, communication, and other applications. The end users involved in satellite utilization encompass commercial, civil, government, and various other sectors.

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

The satellites market consists of sales of satellite systems with solar panels or radioisotope thermoelectric generators used for space applications. The market includes maintenance services provided by aerospace support and auxiliary equipment manufacturers during the equipment’s warranty period. 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.

Table of Contents

1. Executive Summary2. Satellites Market Characteristics3. Satellites Market Trends and Strategies
4. Satellites Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Satellites Market Size and Growth
5.1. Global Satellites Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Satellites Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Satellites Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Satellites Market Segmentation
6.1. Global Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Large Satellite
  • Mini Satellite
  • Micro Satellite
6.2. Global Satellites Market, Segmentation by Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Low Earth Orbit (Leo)
  • Medium Earth Orbit (Meo)
  • Geosynchronous Orbit (Geo)
  • Elliptical Orbit
6.3. Global Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Scientific Research
  • Technology Demonstration and Verification
  • Earth Observation and Remote Sensing
  • Scientific Research
  • Communication
  • Others
6.4. Global Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Commercial
  • Civil
  • Government
  • Other End Users
7. Satellites Market Regional and Country Analysis
7.1. Global Satellites Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Satellites Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Satellites Market
8.1. Asia-Pacific Satellites 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 Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Satellites Market
9.1. China Satellites Market Overview
9.2. China Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Satellites Market
10.1. India Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Satellites Market
11.1. Japan Satellites Market Overview
11.2. Japan Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Satellites Market
12.1. Australia Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Satellites Market
13.1. Indonesia Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Satellites Market
14.1. South Korea Satellites Market Overview
14.2. South Korea Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Satellites Market
15.1. Western Europe Satellites Market Overview
15.2. Western Europe Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Satellites Market
16.1. UK Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Satellites Market
17.1. Germany Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Satellites Market
18.1. France Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Satellites Market
19.1. Italy Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Satellites Market
20.1. Spain Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Satellites Market
21.1. Eastern Europe Satellites Market Overview
21.2. Eastern Europe Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Satellites Market
22.1. Russia Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Satellites Market
23.1. North America Satellites Market Overview
23.2. North America Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Satellites Market
24.1. USA Satellites Market Overview
24.2. USA Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Satellites Market
25.1. Canada Satellites Market Overview
25.2. Canada Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Satellites Market
26.1. South America Satellites Market Overview
26.2. South America Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Satellites Market
27.1. Brazil Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Satellites Market
28.1. Middle East Satellites Market Overview
28.2. Middle East Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Satellites Market
29.1. Africa Satellites Market Overview
29.2. Africa Satellites Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Satellites Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Satellites Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Satellites Market Competitive Landscape and Company Profiles
30.1. Satellites Market Competitive Landscape
30.2. Satellites Market Company Profiles
30.2.1. Lockheed Martin Corporation
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. The Boeing Company
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Thales Group
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Airbus SE
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Northrop Grumman Corporation
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Satellites Market Other Major and Innovative Companies
31.1. OHB SE
31.2. Israel Aerospace Industries Ltd
31.3. ST Engineering
31.4. NanoAvionics
31.5. Gomspace
31.6. Beijing Commsat Technology Development Co., Ltd
31.7. Anabond Limited
31.8. Intech Dmls Pvt Ltd
31.9. Avasarala Technologies Limited
31.10. Telstra
31.11. Speedcast International Limited
31.12. One Space Tech
31.13. Land Space Technology Corporation Ltd
31.14. ExPace Technology Corporation
31.15. Skyroot Aerospace
32. Global Satellites Market Competitive Benchmarking33. Global Satellites Market Competitive Dashboard34. Key Mergers and Acquisitions in the Satellites Market
35. Satellites Market Future Outlook and Potential Analysis
35.1 Satellites Market in 2028 - Countries Offering Most New Opportunities
35.2 Satellites Market in 2028 - Segments Offering Most New Opportunities
35.3 Satellites Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Satellites Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on satellites market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • 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 shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for satellites? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This 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.
  • 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, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the 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.
  • The competitive landscape chapter 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.

Report Scope

Markets Covered:
1) By Type: Large Satellite; Mini Satellite; Micro Satellite; Nano Satellite
2) By Orbit: Low Earth Orbit (LEO); Medium Earth Orbit (MEO); Geosynchronous Orbit (GEO); Elliptical Orbit
3) By Application: Scientific Research; Technology Demonstration and Verification; Earth Observation and Remote Sensing; Communication; Other Applications
4) By End-user: Commercial; Civil; Government; Military; Other End-users

Key Companies Mentioned: Lockheed Martin Corporation; The Boeing Company; Thales Group; Airbus SE; Northrop Grumman Corporation

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

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 Segmentation: 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

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Lockheed Martin Corporation
  • The Boeing Company
  • Thales Group
  • Airbus SE
  • Northrop Grumman Corporation
  • OHB SE
  • Israel Aerospace Industries Ltd
  • ST Engineering
  • NanoAvionics
  • Gomspace
  • Beijing Commsat Technology Development Co., Ltd
  • Anabond Limited
  • Intech Dmls Pvt Ltd
  • Avasarala Technologies Limited
  • Telstra
  • Speedcast International Limited
  • One Space Tech
  • Land Space Technology Corporation Ltd
  • ExPace Technology Corporation
  • Skyroot Aerospace
  • Gilmour Space Technologies
  • NextAero
  • Deep Blue Aerospace
  • JZYJ Space Technology
  • Mitsubishi Heavy Industries
  • Tamadic Co Ltd
  • China Aerospace Science and Technology Corporation (CASC)
  • Honeywell International Inc
  • Bombardier Inc
  • Embraer
  • McDonnell Douglas
  • Cessna
  • Telespazio SpA
  • Raytheon
  • AAC Microtec
  • Thales Alenia Space
  • Surrey Satellite Technology Ltd
  • EnduroSat
  • AAC Clyde Space
  • Space Exploration Technologies Corp (SpaceX)
  • Viasat Inc
  • Telesat
  • Starlink Satellite Constellation
  • OneWeb
  • Hughes Network Systems
  • Innova Space
  • ARSAT
  • Satellogic
  • Al Yah Satellite Communications (YAHSAT)
  • Arabsat
  • Es'hailSat
  • QSAT
  • Saman Satellite Communications
  • SSCG
  • DragonFly Aerospace
  • Eureka Geo
  • SCS Space
  • XinaBox
  • ETSE CubeCom
  • Omarichet
  • Simera Sense

Methodology

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Table Information