Market Overview:
The Global Satellite Platform Market is expected to grow at a CAGR of XX% and reach a market size of USD XX million by 2030. The market is segmented by type, application and region. On the basis of type, the market is segmented into service cabin, propulsion module and return capsule. Service cabin dominated the global satellite platform market in 2017 owing to its low weight and high efficiency. Propulsion module is projected to be the fastest growing segment during the forecast period as it offers better performance than other types of platforms with respect to orbit maintenance, station keeping etc. On the basis of application, agriculture accounted for majority share in 2017 followed by energy sector. Mapping sector is projected to be fastest growing during 2018-2030 due increasing demand for geospatial data across various industry verticals such as retail & commercial real estate, insurance etc.
Product Definition:
A satellite platform is a type of spacecraft bus that provides the necessary structure and electrical power to operate one or more payloads. The importance of satellite platforms stems from the fact that they provide an affordable, reliable way to get payloads into orbit. Satellite platforms are also important for scientific research, as they allow instruments to be placed in space for long periods of time without having to worry about the stresses and vibrations associated with launch.
Service Cabin:
Service cabin is a small space that can be used to fix or service satellites. It can also accommodate passengers and help in carrying out maintenance work on the satellite. The service cabin is fixed at the bottom of the satellite and it helps in providing stability as well as mobility to spacecraft.
Propulsion Module:
Propulsion module is a hardware component used to propel satellites from the Earth’s surface to the desired orbit. It uses chemical, electrical or plasma reaction for propelling and ascending satellite into space. The market size spans across various application areas such as communication, earth observation, navigation & MSS (Monitoring Support System), remote sensing & imaging systems among others. Communication segment accounts for majority of the share in global propulsion modules market followed by earth observation and navigation system segments respectively.
Application Insights:
The energy segment dominated the global satellite platform market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for energy services across various industries such as oil and gas, power generation, financial services, etc. Furthermore, a rise in demand for on-demand resources has also positively influenced the industry growth over the recent years.
The agriculture segment is expected to witness significant growth over the forecast period owing to rising investments by companies such as Iridium Communications Inc., ABS Global Satellites Ltd., Telesat Canada Inc., Thales Alenia Space Italia SpA among others that offer advanced solutions and services supporting precision farming applications worldwide. Moreover, favorable government policies related to agricultural development are further anticipated to drive industry expansion over next seven years or so.
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing investments in space-related activities and favorable government policies across countries, such as India, Japan, China, and Australia. For instance: In 2014, China launched a satellite called Chinasat 5A with an aim to providing high-quality communication services across rural areas of China. Moreover it aims at strengthening its position as a leader in the field of artificial intelligence by using remote sensing data captured by satellites.
North America region is projected to grow at a significant rate from 2018 to 2030 due both commercialization of space technology.
Growth Factors:
- Increasing demand for data and video services: The satellite platform market is expected to grow at a CAGR of over 9% from 2017 to 2025, owing to the increasing demand for data and video services. This is mainly because of the growing penetration of smartphones, tablets, and other connected devices.
- Proliferation of high-speed internet: The satellite platform market is also driven by the proliferation of high-speed internet, which has led to an increase in online content consumption. This has resulted in an increased demand for bandwidth-intensive applications such as live streaming, video conferencing, and others.
- Growing number of DTH subscribers: Another key growth driver for the satellite platform market is the growing number of DTH subscribers worldwide. This can be attributed to the increasing preference for pay TV among consumers due to its superior quality compared with traditional broadcasting methods such as terrestrial or cable TV broadcasting methods.
Scope Of The Report
Report Attributes
Report Details
Report Title
Satellite Platform Market Research Report
By Type
Service Cabin, Propulsion Module, Return Capsule
By Application
Agriculture, Energy, Mapping, Signal Communication
By Companies
Lockheed Martin, Northrop Gruman, Thales Alenia Space, Airbus Defence and Space, CASC, Boeing Defense, ISS-Reshetnev Company, Maxar Technologies, Raytheon, Planet Labs, Dynetics, LeoSat Enterprises, Ball Aerospace, OHB, AAC Clyde Space, ISIS
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Satellite Platform Market Report Segments:
The global Satellite Platform market is segmented on the basis of:
Types
Service Cabin, Propulsion Module, Return Capsule
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
Agriculture, Energy, Mapping, Signal Communication
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:
- Lockheed Martin
- Northrop Gruman
- Thales Alenia Space
- Airbus Defence and Space
- CASC
- Boeing Defense
- ISS-Reshetnev Company
- Maxar Technologies
- Raytheon
- Planet Labs
- Dynetics
- LeoSat Enterprises
- Ball Aerospace
- OHB
- AAC Clyde Space
- ISIS
Highlights of The Satellite Platform 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:
- Service Cabin
- Propulsion Module
- Return Capsule
- By Application:
- Agriculture
- Energy
- Mapping
- Signal Communication
- 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 Satellite Platform 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?
A satellite platform is a type of offshore drilling rig that can be used to drill into the Earth's surface.
Some of the major companies in the satellite platform market are Lockheed Martin, Northrop Gruman, Thales Alenia Space, Airbus Defence and Space, CASC, Boeing Defense, ISS-Reshetnev Company, Maxar Technologies, Raytheon, Planet Labs, Dynetics, LeoSat Enterprises, Ball Aerospace, OHB, AAC Clyde Space, ISIS.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Satellite Platform 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 Satellite Platform Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Satellite Platform 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 Satellite Platform 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 Satellite Platform Market Size & Forecast, 2020-2028
4.5.1 Satellite Platform Market Size and Y-o-Y Growth
4.5.2 Satellite Platform 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 Service Cabin
5.2.2 Propulsion Module
5.2.3 Return Capsule
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 Agriculture
6.2.2 Energy
6.2.3 Mapping
6.2.4 Signal Communication
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Satellite Platform 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 Satellite Platform 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 Service Cabin
9.6.2 Propulsion Module
9.6.3 Return Capsule
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 Agriculture
9.10.2 Energy
9.10.3 Mapping
9.10.4 Signal Communication
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 Service Cabin
10.6.2 Propulsion Module
10.6.3 Return Capsule
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 Agriculture
10.10.2 Energy
10.10.3 Mapping
10.10.4 Signal Communication
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 Service Cabin
11.6.2 Propulsion Module
11.6.3 Return Capsule
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 Agriculture
11.10.2 Energy
11.10.3 Mapping
11.10.4 Signal Communication
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 Service Cabin
12.6.2 Propulsion Module
12.6.3 Return Capsule
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 Agriculture
12.10.2 Energy
12.10.3 Mapping
12.10.4 Signal Communication
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 Service Cabin
13.6.2 Propulsion Module
13.6.3 Return Capsule
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 Agriculture
13.10.2 Energy
13.10.3 Mapping
13.10.4 Signal Communication
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 Satellite Platform Market: Competitive Dashboard
14.2 Global Satellite Platform Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lockheed Martin
14.3.2 Northrop Gruman
14.3.3 Thales Alenia Space
14.3.4 Airbus Defence and Space
14.3.5 CASC
14.3.6 Boeing Defense
14.3.7 ISS-Reshetnev Company
14.3.8 Maxar Technologies
14.3.9 Raytheon
14.3.10 Planet Labs
14.3.11 Dynetics
14.3.12 LeoSat Enterprises
14.3.13 Ball Aerospace
14.3.14 OHB
14.3.15 AAC Clyde Space
14.3.16 ISIS
