Summary
Global Military Satellite Payloads And Subsystems Market 2023-2027
The military satellite payloads and subsystems market is forecasted to grow by USD 2912.36 mn during 2022-2027, accelerating at a CAGR of 7.97% during the forecast period. The report on the military satellite payloads and subsystems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by emergence of inflatable satcom antennas, increased seaborne security threats, and increasing procurement of advanced military communication systems to strengthen defense communication security.
The military satellite payloads and subsystems market is segmented as below:
By Type
• Optical sensors and other sensors payloads
• Avionics and subsystems
• Data link and communication systems
By Application
• Communication
• Navigation
• Reconnaissance
By Geography
• North America
• Europe
• APAC
• Middle East and Africa
• South America
This study identifies the use of microsatellites in maintenance and assistance of bigger satellites as one of the prime reasons driving the military satellite payloads and subsystems market growth during the next few years. Also, development of lightweight power amplifiers and use of AI in satellite communication for earth-based observation will lead to sizable demand in the market.
The report on the military satellite payloads and subsystems market covers the following areas:
• Military satellite payloads and subsystems market sizing
• Military satellite payloads and subsystems market forecast
• Military satellite payloads and subsystems market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading military satellite payloads and subsystems market vendors that include Airbus SE, BAE Systems Plc, Ball Corp., Eutelsat SA, General Dynamics Corp., GomSpace Group AB, Honeywell International Inc., Intelsat US LLC, Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Lockheed Martin Corp., MDA Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Singapore Technologies Engineering Ltd., Space Exploration Technologies Corp., Thales Group, The Boeing Co., Viasat Inc., and Mitsubishi Electric Corp.. Also, the military satellite payloads and subsystems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
