The geostationary satellites are situated at an altitude of 35,800 kilometers directly over the equator, revolving in the same direction as the Earth. These satellites are advantageous since an earthbound directional antenna can be aimed and left in position without further adjustment. Additionally, the use of highly directional antennas minimizes the interference from surface-based sources other satellites. A network of operational geostationary satellites uses visible and infrared imaging for applications like weather observation, oceanography, and atmospheric tracking. The rising demand for precise data for monitoring the events and occurrences on the Earth's surface and atmosphere, coupled with the development of new generation geostationary satellites, are driving the growth of the global market.
MARKET SCOPE
The "Global Geostationary Satellites 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 Geostationary Satellites market with detailed market segmentation by component, application and geography. The report provides key statistics on the market status of the leading Geostationary Satellites market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of component, the market is segmented into communication system, power system, and propulsion system.
- On the basis of application, the market is segmented into communications, meteorology, navigation, and others.
MARKET DYNAMICS
Drivers:
- Growing telecommunication industry
- Rising demand for meteorological and navigational applications
- Technological advancement in space industry coupled with increasing Government investments
Restraints:
- Creation of space debris
REGIONAL FRAMEWORK
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 2019 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 Geostationary Satellites 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 market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Geostationary Satellites market in these regions
IMPACT OF COVID-19 ON GEOSTATIONARY SATELLITES MARKET
The disruption in global supply chain and falling due to the COVID-19 pandemic has left a drastic impact on the space industry through 2020 till 2021. While the well-established players in the satellite launch and development markets have been able to cope with the crisis, numerous small and medium-sized enterprises have struggled due to limited number of suppliers and cash flow constraints. However, the major satellite fleets operating in space presently provide a broad range of a host of voice, data and broadcast communications solutions along with navigation, earth observation, remote sensing and other unique services crucial for a wide range of businesses and government customers worldwide. Therefore, the demand for Geostationary Satellites is expected to recover rapidly as major space programs and satellite launches have been scheduled for a broad variety of applications.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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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 2019 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 Geostationary Satellites 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 market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Geostationary Satellites market in these regions
IMPACT OF COVID-19 ON GEOSTATIONARY SATELLITES MARKET
The disruption in global supply chain and falling due to the COVID-19 pandemic has left a drastic impact on the space industry through 2020 till 2021. While the well-established players in the satellite launch and development markets have been able to cope with the crisis, numerous small and medium-sized enterprises have struggled due to limited number of suppliers and cash flow constraints. However, the major satellite fleets operating in space presently provide a broad range of a host of voice, data and broadcast communications solutions along with navigation, earth observation, remote sensing and other unique services crucial for a wide range of businesses and government customers worldwide. Therefore, the demand for Geostationary Satellites is expected to recover rapidly as major space programs and satellite launches have been scheduled for a broad variety of applications.
MARKET PLAYERS
The report covers key developments in the Geostationary Satellites 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 the expansion of business and customer base of market players. The market payers from Geostationary Satellites market are anticipated to lucrative growth opportunities in the future with the rising demand for Geostationary Satellites in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Geostationary Satellites 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.
- Airbus S.A.S.
- BALL CORPORATION
- Boeing
- JSC Academician M.F. Reshetnev
- KOREA AEROSPACE INDUSTRIES, LTD.
- Lockheed Martin Corporation
- MAXAR TECHNOLOGIES
- Northrop Grumman Innovation Systems
- OHB System AG
- Thales Group
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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Geostationary Satellites Market - By Component
1.3.2 Geostationary Satellites Market - By Application
1.3.3 Geostationary Satellites Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. GEOSTATIONARY SATELLITES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. GEOSTATIONARY SATELLITES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. GEOSTATIONARY SATELLITES MARKET - GLOBAL MARKET ANALYSIS
6.1. GEOSTATIONARY SATELLITES - GLOBAL MARKET OVERVIEW
6.2. GEOSTATIONARY SATELLITES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. GEOSTATIONARY SATELLITES MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. COMMUNICATION SYSTEM
7.3.1. Overview
7.3.2. Communication System Market Forecast and Analysis
7.4. POWER SYSTEM
7.4.1. Overview
7.4.2. Power System Market Forecast and Analysis
7.5. PROPULSION SYSTEM
7.5.1. Overview
7.5.2. Propulsion System Market Forecast and Analysis
8. GEOSTATIONARY SATELLITES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. COMMUNICATIONS
8.3.1. Overview
8.3.2. Communications Market Forecast and Analysis
8.4. METEOROLOGY
8.4.1. Overview
8.4.2. Meteorology Market Forecast and Analysis
8.5. NAVIGATION
8.5.1. Overview
8.5.2. Navigation Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. GEOSTATIONARY SATELLITES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Geostationary Satellites Market Overview
9.1.2 North America Geostationary Satellites Market Forecasts and Analysis
9.1.3 North America Geostationary Satellites Market Forecasts and Analysis - By Component
9.1.4 North America Geostationary Satellites Market Forecasts and Analysis - By Application
9.1.5 North America Geostationary Satellites Market Forecasts and Analysis - By Countries
9.1.5.1 United States Geostationary Satellites Market
9.1.5.1.1 United States Geostationary Satellites Market by Component
9.1.5.1.2 United States Geostationary Satellites Market by Application
9.1.5.2 Canada Geostationary Satellites Market
9.1.5.2.1 Canada Geostationary Satellites Market by Component
9.1.5.2.2 Canada Geostationary Satellites Market by Application
9.1.5.3 Mexico Geostationary Satellites Market
9.1.5.3.1 Mexico Geostationary Satellites Market by Component
9.1.5.3.2 Mexico Geostationary Satellites Market by Application
9.2. EUROPE
9.2.1 Europe Geostationary Satellites Market Overview
9.2.2 Europe Geostationary Satellites Market Forecasts and Analysis
9.2.3 Europe Geostationary Satellites Market Forecasts and Analysis - By Component
9.2.4 Europe Geostationary Satellites Market Forecasts and Analysis - By Application
9.2.5 Europe Geostationary Satellites Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Geostationary Satellites Market
9.2.5.1.1 Germany Geostationary Satellites Market by Component
9.2.5.1.2 Germany Geostationary Satellites Market by Application
9.2.5.2 France Geostationary Satellites Market
9.2.5.2.1 France Geostationary Satellites Market by Component
9.2.5.2.2 France Geostationary Satellites Market by Application
9.2.5.3 Italy Geostationary Satellites Market
9.2.5.3.1 Italy Geostationary Satellites Market by Component
9.2.5.3.2 Italy Geostationary Satellites Market by Application
9.2.5.4 United Kingdom Geostationary Satellites Market
9.2.5.4.1 United Kingdom Geostationary Satellites Market by Component
9.2.5.4.2 United Kingdom Geostationary Satellites Market by Application
9.2.5.5 Russia Geostationary Satellites Market
9.2.5.5.1 Russia Geostationary Satellites Market by Component
9.2.5.5.2 Russia Geostationary Satellites Market by Application
9.2.5.6 Rest of Europe Geostationary Satellites Market
9.2.5.6.1 Rest of Europe Geostationary Satellites Market by Component
9.2.5.6.2 Rest of Europe Geostationary Satellites Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Geostationary Satellites Market Overview
9.3.2 Asia-Pacific Geostationary Satellites Market Forecasts and Analysis
9.3.3 Asia-Pacific Geostationary Satellites Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific Geostationary Satellites Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Geostationary Satellites Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Geostationary Satellites Market
9.3.5.1.1 Australia Geostationary Satellites Market by Component
9.3.5.1.2 Australia Geostationary Satellites Market by Application
9.3.5.2 China Geostationary Satellites Market
9.3.5.2.1 China Geostationary Satellites Market by Component
9.3.5.2.2 China Geostationary Satellites Market by Application
9.3.5.3 India Geostationary Satellites Market
9.3.5.3.1 India Geostationary Satellites Market by Component
9.3.5.3.2 India Geostationary Satellites Market by Application
9.3.5.4 Japan Geostationary Satellites Market
9.3.5.4.1 Japan Geostationary Satellites Market by Component
9.3.5.4.2 Japan Geostationary Satellites Market by Application
9.3.5.5 South Korea Geostationary Satellites Market
9.3.5.5.1 South Korea Geostationary Satellites Market by Component
9.3.5.5.2 South Korea Geostationary Satellites Market by Application
9.3.5.6 Rest of Asia-Pacific Geostationary Satellites Market
9.3.5.6.1 Rest of Asia-Pacific Geostationary Satellites Market by Component
9.3.5.6.2 Rest of Asia-Pacific Geostationary Satellites Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Geostationary Satellites Market Overview
9.4.2 Middle East and Africa Geostationary Satellites Market Forecasts and Analysis
9.4.3 Middle East and Africa Geostationary Satellites Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa Geostationary Satellites Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Geostationary Satellites Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Geostationary Satellites Market
9.4.5.1.1 South Africa Geostationary Satellites Market by Component
9.4.5.1.2 South Africa Geostationary Satellites Market by Application
9.4.5.2 Saudi Arabia Geostationary Satellites Market
9.4.5.2.1 Saudi Arabia Geostationary Satellites Market by Component
9.4.5.2.2 Saudi Arabia Geostationary Satellites Market by Application
9.4.5.3 U.A.E Geostationary Satellites Market
9.4.5.3.1 U.A.E Geostationary Satellites Market by Component
9.4.5.3.2 U.A.E Geostationary Satellites Market by Application
9.4.5.4 Rest of Middle East and Africa Geostationary Satellites Market
9.4.5.4.1 Rest of Middle East and Africa Geostationary Satellites Market by Component
9.4.5.4.2 Rest of Middle East and Africa Geostationary Satellites Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Geostationary Satellites Market Overview
9.5.2 South and Central America Geostationary Satellites Market Forecasts and Analysis
9.5.3 South and Central America Geostationary Satellites Market Forecasts and Analysis - By Component
9.5.4 South and Central America Geostationary Satellites Market Forecasts and Analysis - By Application
9.5.5 South and Central America Geostationary Satellites Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Geostationary Satellites Market
9.5.5.1.1 Brazil Geostationary Satellites Market by Component
9.5.5.1.2 Brazil Geostationary Satellites Market by Application
9.5.5.2 Argentina Geostationary Satellites Market
9.5.5.2.1 Argentina Geostationary Satellites Market by Component
9.5.5.2.2 Argentina Geostationary Satellites Market by Application
9.5.5.3 Rest of South and Central America Geostationary Satellites Market
9.5.5.3.1 Rest of South and Central America Geostationary Satellites Market by Component
9.5.5.3.2 Rest of South and Central America Geostationary Satellites Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. GEOSTATIONARY SATELLITES MARKET, KEY COMPANY PROFILES
11.1. AIRBUS S.A.S.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BALL CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BOEING
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. JSC ACADEMICIAN M.F. RESHETNEV
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. KOREA AEROSPACE INDUSTRIES, LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. LOCKHEED MARTIN CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MAXAR TECHNOLOGIES
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NORTHROP GRUMMAN INNOVATION SYSTEMS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. OHB SYSTEM AG
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THALES GROUP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Airbus S.A.S.
2. BALL CORPORATION
3. Boeing
4. JSC Academician M.F. Reshetnev
5. KOREA AEROSPACE INDUSTRIES, LTD.
6. Lockheed Martin Corporation
7. MAXAR TECHNOLOGIES
8. Northrop Grumman Innovation Systems
9. OHB System AG
10. Thales Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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