Military Satellite Market 2028 By Satellite Type, Payload Type, System, Application and Geography | The Insight Partners

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Military Satellite Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Satellite Type (Small Satellite, Medium-to-Heavy Satellite); Payload Type (Communication Payload, Navigation Payload, Imaging Payload, Others); System (Electro-Optic/Infrared Sensor (EO/IS), Radar, SATCOM); Application (ISR, Communication, Navigation) and Geography

Report Code: TIPRE00019091 | No. of Pages: 150 | Category: Aerospace and Defense | Status: Upcoming

MARKET INTRODUCTION

Military satellite is an artificial planet or machine that orbits a planet for a variety of purposes. These satellites are computer-controlled systems that perform tasks such as gathering of intelligence, navigation and military communications. The first military satellites were a photographic reconnaissance mission. There are different types of military satellite such as ISR, communication and navigation satellites. These satellites can be used for constant surveillance. In addition, the increasing demand for unmanned aerial vehicles has resulted in the need for constant guidance and navigation to avoid mid-air collisions. Military satellites are an effective means of guiding UAVs. In addition, these satellites can cover a larger area and can even provide communication to remote locations. In addition, military satellites have a highly flexible network and can be used from moving platforms such as aircraft, vehicles and ships. Factors mentioned above are expected to drive the global military satellite market during forecast period.

MARKET DYNAMICS

The growing need for constant surveillance and monitoring due to security concerns, and rising military expenditure is driving the growth of the military satellite market. However, high initial and maintenance cost may restrain the growth of the military satellite market. Further, technological advancements in military satellite such as advanced Ka-band called SATCOM solutions are anticipated to create market opportunities for the military satellite market during the forecast period.

MARKET SCOPE

The "Global Military Satellite Market Analysis to 2028" is a specialized and in-depth study of the military satellite market with a special focus on the global market trend analysis. The report aims to provide an overview of military satellite market with detailed market segmentation by satellite type, payload type, system, application, and geography. The global military satellite market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading military satellite market players and offers key trends and opportunities in the military satellite market.

MARKET SEGMENTATION

The global military satellite market is segmented on the basis of satellite type, payload type, system, and application. On the basis of satellite type, the market is segmented as small satellite and medium-to-heavy satellite. Similarly, based on payload type, market is segmented into the communication payload, navigation payload, imaging payload, and others. Further based on system, market is segmented as electro-optic/infrared sensor (EO/IS), radar, and SATCOM. Lastly, on the basis of application, the market is segmented as ISR, communication, and navigation.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global military satellite market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The military satellite market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting military satellite market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the military satellite market in these regions.



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MARKET PLAYERS


The reports cover key developments in the military satellite market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from military satellite market are anticipated to lucrative growth opportunities in the future with the rising demand for military satellite. Below mentioned is the list of few companies engaged in the military satellite market.

The report also includes the profiles of key military satellite market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •   Airbus S.A.S.
  •   Elbit Systems Ltd.
  •   Lockheed Martin Corporation
  •   Mitsubishi Electric Corporation
  •   Northrop Grumman Corporation
  •   OHB System AG
  •   Raytheon Technologies Corporation
  •   Thales Group
  •   The Boeing Company
  •   Viasat, Inc.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


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The List of Companies

1. Airbus S.A.S.
2. Elbit Systems Ltd.
3. Lockheed Martin Corporation
4. Mitsubishi Electric Corporation
5. Northrop Grumman Corporation
6. OHB System AG
7. Raytheon Technologies Corporation
8. Thales Group
9. The Boeing Company
10. Viasat, Inc.
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