Global Satellite Market Size, Share

Industry Insights

[185+ Pages Report] Global Satellite Market in 2019 is approximately USD 281 Million is expected to grow at a CAGR of 20%.

This professional and specialized report study examines the technical and business perspective of the Satellite industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Satellite Market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall Satellite Market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the Satellite Market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the Satellite Market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the Satellite Market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the Satellite Market.

The research study provides a critical assessment of the Satellite industry by logically segmenting the market on the basis of product type, connectivity, port, distribution channel, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the Satellite industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

. Satellites referred to in this report are artificial satellites intentionally put into orbit around the earth for various purposes and they are different than natural satellites such as Earth’s moon. The Soviet Union launched the world’s first artificial satellite named Sputnik 1 in 1957, and since then many more satellites have been launched from various countries. The majority of satellites are placed into low-Earth orbit however satellites are placed into medium-Earth orbit, the geostationary orbit, and elliptical orbit as well.

There is a shift in the home entertainment system to use the direct-to-home (DTH) method using Satellites instead of a wired method. These are hugely dependent on Satellites when it comes to fulfilling the communication needs of individual personnel, private enterprises as well as governmental agencies. The increase in usage of mobile handheld digital devices using Satellite services like GPS has only added independence on Satellites.  

The Satellite Market is categorized by type, and by the application. The type segment is further divided into LEO (Low Earth Orbit), MEO (Medium Earth Orbit), GEO (Geosynchronous Orbit), and others. By Application, the market is divided into Commercial Communication, Earth Observation, Research and Development, Navigation, Military Surveillance, Scientific, Meteorology, and others.

Top Market Players

Some of the key players operating in the Satellite Market around the globe include AIRBUS, Boeing, Lockheed Martin, Orbital ATK, Thales Alenia Space, SpaceX, SSL, Mitsubishi Electric Corporation, Ball Aerospace, Telesat, Indian Space Research Organization, and others.

The taxonomy of the Satellite Market by its scope and segmentation is as follows:

Type Segment Analysis

• LEO (Low Earth Orbit)
• MEO (Medium Earth Orbit)
• GEO (Geosynchronous Orbit)
• Others

Application Segment Analysis

• Commercial Communication
• Earth Observation
• Research and Development
• Navigation
• Military Surveillance
• Scientific
• Meteorology
• Others

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)