Satellite Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Large Satellite, Mini Satellite, Micro Satellite, Nano Satellite); End User (Commercial, Government, Defense); Application (Scientific Research, Technology Demonstration and Verification, Earth Observation and Remote Sensing, Communication, Others) and Geography
Report Code: TIPRE00024336
| No. of Pages: 150
| Category: Aerospace and Defense
| Status: Upcoming
The satellite market is an integral part of any economy for the development of infrastructure for commercial companies, government agencies, telecom, and space industry. It is an artificial object which is intentionally placed into the orbit. This object is called as artificial satellite and it acts as cell towers in the sky which transmits data from one point on the earth to another.
The "Global Satellite Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Satellite market with detailed market segmentation by type, end user, applications and geography. The report provides key statistics on the market status of the leading Satellite market players and offers key trends and opportunities in the market.
Based on type, the global Satellite market is segmented into large satellite, mini satellite, micro satellite, nano satellite
Based on end user, the global Satellite market is segmented into commercial, government, defense
On the basis of applications, the market is segmented scientific research, technology demonstration and verification, earth observation and remote sensing, communication, others
MARKET DYNAMICS Drivers:
Increasing demand for LEO-based services.
Rising demand for Earth observation imagery and analytics
Increase in number of space exploration missions
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Satellite market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 Satellite market in these regions.
IMPACT OF COVID-19ON SATELLITE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report covers key developments in the 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Satellite market are anticipated to lucrative growth opportunities in the future with the rising demand for Satellite in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Satellite market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Eutelsat Communications S.A.
Lockheed Martin Corporation
Planet Labs Inc
Millennium Space Systems, 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
2. SES S.A.
3. Eutelsat Communications S.A.
4. Lockheed Martin Corporation
5. Airbus S.A.S.
7. Thales Group
8. orthrop Grumman
9. Planet Labs Inc
10. Millennium Space Systems, Inc.