Satellite Bus Market to Grow at CAGR of 5.5% during 2018 - 2023
This report, from Stratview Research, studies the satellite bus market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023.
(EMAILWIRE.COM, November 17, 2018 )
Stratview Research announces the launch of a new research report on Satellite Bus Market by Subsystem Type (Structures & Mechanisms, Thermal Control System, Electric Power System, Attitude Control System, Propulsion, Telemetry Tracking and Command (TT&C), and Flight Software), by Satellite Size Type (Small, Medium, and Large), by Application Type (Earth Observation and Meteorology, Communication, Scientific Research & Exploration, Surveillance & Security, and Mapping & Navigation), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.
The Satellite Bus Market: Highlights
The satellite bus market is projected to grow at a healthy CAGR 5.5% during the forecast period. Increasing deployment of small satellites, especially for earth observation-related applications; increasing space exploration missions, technological advancement in the systems, increasing space budget of the emerging economies, and increasing participation of private space companies are the major factors spurring the growth of the satellite bus market.
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Based on the satellite size, the market is segmented into small, medium, and large size. Large size currently dominates the market and is expected to maintain its dominance over the next five years, driven by a host of factors including the presence of a large number of satellite buses and solar cells in order to allow a large number of functions including greater solar production and processing capacity. The demand for small satellites is growing due to sharply reducing launch costs from commercial space companies as well as an increased demand for small satellites from earth observation to communications to networking applications. Furthermore, the low cost and short development time in the integration of small satellites are other factors substantiating the growth of the segment in the satellite bus market.
The supply chain of this market comprises ram material suppliers, component manufacturers, satellite bus system providers, spacecraft OEMs, space agencies, and space research institutes. The key satellite bus manufacturers are Orbital ATK, Inc., Lockheed Martin Corporation, Thales Alenia Space, Airbus Group, China Academy of Space Technology, Israel Aerospace Industries Ltd, The Boeing Company, Honeywell International Inc., Mitsubishi Electric Corporation, Ball Corporation, Macdonald, Dettwiler and Associates Ltd., and Sierra Nevada Corporation.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research announces the launch of a new research report on Satellite Bus Market by Subsystem Type (Structures & Mechanisms, Thermal Control System, Electric Power System, Attitude Control System, Propulsion, Telemetry Tracking and Command (TT&C), and Flight Software), by Satellite Size Type (Small, Medium, and Large), by Application Type (Earth Observation and Meteorology, Communication, Scientific Research & Exploration, Surveillance & Security, and Mapping & Navigation), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.
The Satellite Bus Market: Highlights
The satellite bus market is projected to grow at a healthy CAGR 5.5% during the forecast period. Increasing deployment of small satellites, especially for earth observation-related applications; increasing space exploration missions, technological advancement in the systems, increasing space budget of the emerging economies, and increasing participation of private space companies are the major factors spurring the growth of the satellite bus market.
Click here to view Table Of Contents:-
https://www.stratviewresearch.com/toc/357/Satellite-Bus-Market.html
OR
Request a Sample here:-
https://www.stratviewresearch.com/Request-Sample/357/Satellite-Bus-Market.html
Based on the satellite size, the market is segmented into small, medium, and large size. Large size currently dominates the market and is expected to maintain its dominance over the next five years, driven by a host of factors including the presence of a large number of satellite buses and solar cells in order to allow a large number of functions including greater solar production and processing capacity. The demand for small satellites is growing due to sharply reducing launch costs from commercial space companies as well as an increased demand for small satellites from earth observation to communications to networking applications. Furthermore, the low cost and short development time in the integration of small satellites are other factors substantiating the growth of the segment in the satellite bus market.
The supply chain of this market comprises ram material suppliers, component manufacturers, satellite bus system providers, spacecraft OEMs, space agencies, and space research institutes. The key satellite bus manufacturers are Orbital ATK, Inc., Lockheed Martin Corporation, Thales Alenia Space, Airbus Group, China Academy of Space Technology, Israel Aerospace Industries Ltd, The Boeing Company, Honeywell International Inc., Mitsubishi Electric Corporation, Ball Corporation, Macdonald, Dettwiler and Associates Ltd., and Sierra Nevada Corporation.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results