Market Overview:
The global all-electric satellites market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for all-electric satellites for commercial communications, military surveillance, earth observation & remote sensing, and research and development applications. In addition, the growing demand for high throughput satellite systems is also contributing to the growth of this market. North America accounted for the largest share of the global all-electric satellites market in 2017 and is expected to continue its dominance during the forecast period.
Product Definition:
All-electric satellites are spacecraft that use electricity to power their systems, rather than using fuel or propellant. They are important because they allow for more efficient and reliable operation, and they produce less pollution in space.
LEO (Low Earth Orbit):
The Low Earth Orbit (LEO) is the orbit around the earth that allows satellites to operate with lower energy. LEO satellite has a low enough apogee that it remains within range of communication with the ground control station on earth. The inclination of an LEO satellite’s orbit is usually very close to zero degrees, which means that it will be in its equatorial position at all times and will only move across the sky due to orbital mechanics.
MEO (Medium Earth Orbit):
MEO (Medium Earth Orbit) is a type of space environment, which is located between the elliptical orbit at an altitude of about 500 to 6,000 km. The orbital period ranges from hours to days. MEO has an inclination of almost equal to the equator and it's in a nearly circular orbit around the earth.
The medium earth orbit can be used by all-electric satellites because they do not require any fuel for propulsion.
Application Insights:
The commercial communications segment dominated the global all-electric satellites market in terms of revenue share in 2017. The growth can be attributed to the growing demand for high-speed data transfer services and increasing penetration of 4G technology across the globe. Furthermore, deployment of large number of small satellite systems is expected to drive the market over the forecast period owing to their ability to provide high bandwidth data transfer services at low costs.
The military surveillance segment accounted for a significant share in 2017 and is projected to grow at a steady CAGR from 2018 to 2030 due largely on increased spending by countries such as China, Russia and India on advanced military technologies such as hypersonic missiles, space weapons and autonomous drones. Moreover, countries such as North Korea are also developing advanced military technologies which may pose a threat towards international security thus driving demand for earth observation & remote sensing satellites among others over next seven years or so.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2016. The region is expected to continue its dominance over the forecast period owing to increasing government funding for space programs and technological advancements. For instance, NASA has funded more than 1,300 research projects through its Innovative Advanced Concepts (IAC) program since 1991. IAC-funded projects have ranged from studies of black holes and dark matter to interstellar travel and time travel.
Asia Pacific is anticipated to be the fastest-growing regional market at a CAGR of XX% from 2017 to 2030 due high investments by governments for developing space infrastructure such as launch vehicles, communication satellites, etc.
Growth Factors:
- Increasing demand for high-resolution images and videos from government and commercial sectors
- Growing number of small satellite operators
- Proliferation of CubeSats and other small satellites
- Development of advanced electric propulsion systems
- Increased funding for space exploration initiatives
Scope Of The Report
Report Attributes
Report Details
Report Title
All-Electric Satellites Market Research Report
By Type
LEO (Low Earth Orbit), MEO (Medium Earth Orbit), GEO (Geosynchronous )
By Application
Commercial Communications, Military Surveillance, Earth Observation & Remote Sensing, Research and Development
By Companies
The Boeing Company, Airbus SE, Lockheed Martin Corporation, The Raytheon Company, Northrop Grumman Corporation, Safran Aircraft Engines Maxar Technologies, Intelsat Corporation, Viasat
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global All-Electric Satellites Market Report Segments:
The global All-Electric Satellites market is segmented on the basis of:
Types
LEO (Low Earth Orbit), MEO (Medium Earth Orbit), GEO (Geosynchronous )
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Communications, Military Surveillance, Earth Observation & Remote Sensing, Research and Development
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- The Boeing Company
- Airbus SE
- Lockheed Martin Corporation
- The Raytheon Company
- Northrop Grumman Corporation
- Safran Aircraft Engines Maxar Technologies
- Intelsat Corporation
- Viasat
Highlights of The All-Electric Satellites Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LEO (Low Earth Orbit)
- MEO (Medium Earth Orbit)
- GEO (Geosynchronous )
- By Application:
- Commercial Communications
- Military Surveillance
- Earth Observation & Remote Sensing
- Research and Development
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the All-Electric Satellites Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
All-electric satellites are spacecraft that use electric power to operate. This type of satellite is different from traditional satellites, which use fossil fuels such as gasoline or diesel to generate energy. All-electric satellites rely on electricity from solar panels or other sources of renewable energy to power their systems.
Some of the key players operating in the all-electric satellites market are The Boeing Company, Airbus SE, Lockheed Martin Corporation, The Raytheon Company, Northrop Grumman Corporation, Safran Aircraft Engines Maxar Technologies, Intelsat Corporation, Viasat.
The all-electric satellites market is expected to register a CAGR of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 All-Electric Satellites Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 All-Electric Satellites Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 All-Electric Satellites Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the All-Electric Satellites Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global All-Electric Satellites Market Size & Forecast, 2020-2028
4.5.1 All-Electric Satellites Market Size and Y-o-Y Growth
4.5.2 All-Electric Satellites Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 LEO (Low Earth Orbit)
5.2.2 MEO (Medium Earth Orbit)
5.2.3 GEO (Geosynchronous )
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Communications
6.2.2 Military Surveillance
6.2.3 Earth Observation & Remote Sensing
6.2.4 Research and Development
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global All-Electric Satellites Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 All-Electric Satellites Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 LEO (Low Earth Orbit)
9.6.2 MEO (Medium Earth Orbit)
9.6.3 GEO (Geosynchronous )
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Communications
9.10.2 Military Surveillance
9.10.3 Earth Observation & Remote Sensing
9.10.4 Research and Development
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 LEO (Low Earth Orbit)
10.6.2 MEO (Medium Earth Orbit)
10.6.3 GEO (Geosynchronous )
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Communications
10.10.2 Military Surveillance
10.10.3 Earth Observation & Remote Sensing
10.10.4 Research and Development
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 LEO (Low Earth Orbit)
11.6.2 MEO (Medium Earth Orbit)
11.6.3 GEO (Geosynchronous )
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Communications
11.10.2 Military Surveillance
11.10.3 Earth Observation & Remote Sensing
11.10.4 Research and Development
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 LEO (Low Earth Orbit)
12.6.2 MEO (Medium Earth Orbit)
12.6.3 GEO (Geosynchronous )
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Communications
12.10.2 Military Surveillance
12.10.3 Earth Observation & Remote Sensing
12.10.4 Research and Development
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 LEO (Low Earth Orbit)
13.6.2 MEO (Medium Earth Orbit)
13.6.3 GEO (Geosynchronous )
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Communications
13.10.2 Military Surveillance
13.10.3 Earth Observation & Remote Sensing
13.10.4 Research and Development
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 All-Electric Satellites Market: Competitive Dashboard
14.2 Global All-Electric Satellites Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 The Boeing Company
14.3.2 Airbus SE
14.3.3 Lockheed Martin Corporation
14.3.4 The Raytheon Company
14.3.5 Northrop Grumman Corporation
14.3.6 Safran Aircraft Engines Maxar Technologies
14.3.7 Intelsat Corporation
14.3.8 Viasat
