The global satellite market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for satellite-based services in various applications such as commercial communications, earth observation, research and development (R&D), navigation, military surveillance, scientific and meteorology. The growth of this market is also attributed to the increasing number of satellites launched in recent years.
The global satellite market by type includes LEO satellites which are low-earth orbit satellites that provide coverage over a small area on earth; GEO satellites which are geostationary orbit satellites that provide coverage over an entire hemisphere; MEO satellites which are medium-earth orbit satellites that provide coverage over a large area on earth; and Beyond GEOs which are high-earth orbit or geosynchronous orbits providing coverage over an entire globe. The global satellite market by application includes commercial communications, earth observation, research and development (R&D), navigation, military surveillance and scientific applications such as meteorology.
Some Of The Growth Factors Of This Market:
- The growth of the satellite market is driven by the increasing demand for broadband internet access, which is driving the need for more satellites to be launched into orbit.
- The growth of the satellite market is also driven by increased demand for data transmission and storage, which are both facilitated by satellites.
- The growth of the satellite market is also driven by increased demand for video content, which can be transmitted via satellites to provide live coverage of events such as sports games or concerts from remote locations around the world.
- Increased competition in this industry has led to lower prices and better quality products being offered on a global scale, leading to an increase in demand from consumers who want access to these products at affordable prices with high quality standards met across all providers in this industry sector.
- Increased investment in research and development has led to new technologies being developed that will allow satellites to provide faster internet speeds than ever before.
Industry Growth Insights published a new data on “Satellite Market”. The research report is titled “Satellite Market research by Types (LEO, GEO, MEO, Beyond GEO), By Applications (Commercial Communications, Earth Observation, R&D, Navigation, Military Surveillance, Scientific, Meteorology, Non-profit Communications), By Players/Companies Airbus Defence and Space, OHB SE, Boeing Defense, Space & Security, JSC Information Satellite Systems, Lockheed Martin, Orbital ATK, Space Systems/Loral, Thales Alenia Space”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Satellite Market Research Report
By Type
LEO, GEO, MEO, Beyond GEO
By Application
Commercial Communications, Earth Observation, R&D, Navigation, Military Surveillance, Scientific, Meteorology, Non-profit Communications
By Companies
Airbus Defence and Space, OHB SE, Boeing Defense, Space & Security, JSC Information Satellite Systems, Lockheed Martin, Orbital ATK, Space Systems/Loral, Thales Alenia Space
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Satellite Market Report Segments:
The global Satellite market is segmented on the basis of:
Types
LEO, GEO, MEO, Beyond GEO
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, Earth Observation, R&D, Navigation, Military Surveillance, Scientific, Meteorology, Non-profit Communications
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:
- Airbus Defence and Space
- OHB SE
- Boeing Defense, Space & Security
- JSC Information Satellite Systems
- Lockheed Martin
- Orbital ATK
- Space Systems/Loral
- Thales Alenia Space
Highlights of The Satellite 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
- GEO
- MEO
- Beyond GEO
- By Application:
- Commercial Communications
- Earth Observation
- R&D
- Navigation
- Military Surveillance
- Scientific
- Meteorology
- Non-profit Communications
- 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 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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 is a small, artificial object that orbits Earth. Satellites are used for communication, weather forecasting, navigation and other purposes.
Some of the major companies in the satellite market are Airbus Defence and Space, OHB SE, Boeing Defense, Space & Security, JSC Information Satellite Systems, Lockheed Martin, Orbital ATK, Space Systems/Loral, Thales Alenia Space.
The satellite market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Satellite Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Satellite Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Satellite Market - Supply Chain
4.5. Global Satellite Market Forecast
4.5.1. Satellite Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Satellite Market Size (000 Units) and Y-o-Y Growth
4.5.3. Satellite Market Absolute $ Opportunity
5. Global Satellite Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Satellite Market Size and Volume Forecast by Type
5.3.1. LEO
5.3.2. GEO
5.3.3. MEO
5.3.4. Beyond GEO
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Satellite Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Satellite Market Size and Volume Forecast by Application
6.3.1. Commercial Communications
6.3.2. Earth Observation
6.3.3. R&D
6.3.4. Navigation
6.3.5. Military Surveillance
6.3.6. Scientific
6.3.7. Meteorology
6.3.8. Non-profit Communications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Satellite Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Satellite Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Satellite Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Satellite Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Satellite Demand Share Forecast, 2019-2026
9. North America Satellite Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Satellite Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Satellite Market Size and Volume Forecast by Application
9.4.1. Commercial Communications
9.4.2. Earth Observation
9.4.3. R&D
9.4.4. Navigation
9.4.5. Military Surveillance
9.4.6. Scientific
9.4.7. Meteorology
9.4.8. Non-profit Communications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Satellite Market Size and Volume Forecast by Type
9.7.1. LEO
9.7.2. GEO
9.7.3. MEO
9.7.4. Beyond GEO
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Satellite Demand Share Forecast, 2019-2026
10. Latin America Satellite Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Satellite Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Satellite Market Size and Volume Forecast by Application
10.4.1. Commercial Communications
10.4.2. Earth Observation
10.4.3. R&D
10.4.4. Navigation
10.4.5. Military Surveillance
10.4.6. Scientific
10.4.7. Meteorology
10.4.8. Non-profit Communications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Satellite Market Size and Volume Forecast by Type
10.7.1. LEO
10.7.2. GEO
10.7.3. MEO
10.7.4. Beyond GEO
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Satellite Demand Share Forecast, 2019-2026
11. Europe Satellite Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Satellite Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Satellite Market Size and Volume Forecast by Application
11.4.1. Commercial Communications
11.4.2. Earth Observation
11.4.3. R&D
11.4.4. Navigation
11.4.5. Military Surveillance
11.4.6. Scientific
11.4.7. Meteorology
11.4.8. Non-profit Communications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Satellite Market Size and Volume Forecast by Type
11.7.1. LEO
11.7.2. GEO
11.7.3. MEO
11.7.4. Beyond GEO
11.8. Basis Point Share (BPS) Analysis b Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Satellite Demand Share, 2019-2026
12. Asia Pacific Satellite Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Satellite Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Satellite Market Size and Volume Forecast by Application
12.4.1. Commercial Communications
12.4.2. Earth Observation
12.4.3. R&D
12.4.4. Navigation
12.4.5. Military Surveillance
12.4.6. Scientific
12.4.7. Meteorology
12.4.8. Non-profit Communications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Satellite Market Size and Volume Forecast by Type
12.7.1. LEO
12.7.2. GEO
12.7.3. MEO
12.7.4. Beyond GEO
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Satellite Demand Share, 2019-2026
13. Middle East & Africa Satellite Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Satellite Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Satellite Market Size and Volume Forecast by Application
13.4.1. Commercial Communications
13.4.2. Earth Observation
13.4.3. R&D
13.4.4. Navigation
13.4.5. Military Surveillance
13.4.6. Scientific
13.4.7. Meteorology
13.4.8. Non-profit Communications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Satellite Market Size and Volume Forecast by Type
13.7.1. LEO
13.7.2. GEO
13.7.3. MEO
13.7.4. Beyond GEO
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Satellite Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Satellite Market: Market Share Analysis
14.2. Satellite Distributors and Customers
14.3. Satellite Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Airbus Defence and Space
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. OHB SE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Boeing Defense, Space & Security
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. JSC Information Satellite Systems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lockheed Martin
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Orbital ATK
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Space Systems/Loral
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Thales Alenia Space
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
