Satellite Bus Market to Grow at CAGR of 5.5% during 2018 – 2023
Satellite Bus Market report is a study offering actionable insights into the global market opportunities, trends, forecasts, and competitive analysis.
(EMAILWIRE.COM, January 09, 2019 )
Stratview Research has published a new research report on Satellite Bus Market. This extensive report by Stratview Research analyses the growth of Satellite Bus Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
● by Subsystem Type (Structures & Mechanisms, Thermal Control System, and Others)
● by Satellite Size Type (Small, medium and large)
● by Application Type (Communication, Surveillance & Security, and Others)
● and by Region (North America, Europe, Asia-Pacific, and RoW)
Go through the detailed scope: https://www.stratviewresearch.com/toc/357/Satellite-Bus-Market.html
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Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/357/Satellite-Bus-Market.html
Increasing deployment of small satellites
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.
Earth observation and meteorology to grow at highest rate
Based on the application type, the market is segmented into Earth Observation and Meteorology, Communication, Scientific Research & Exploration, Surveillance & Security, and Mapping & Navigation. The earth observation and meteorology segment is expected to grow at the highest rate in the coming five years, owing to their capability to monitor situations, such as cyclones, storms, floods, fires, volcanic activities, earthquakes, landslides, oil slicks, environmental pollution, and other such calamities. There has been a high focus for the development of small satellites targeting key areas including earth observation, communications, and networking.
Top market players
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. Advancement in the technology and formation of a long-term relationship with OEMs are some of the key strategies adopted by the major players to gain a competitive edge in the market.
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
Stratview Research has published a new research report on Satellite Bus Market. This extensive report by Stratview Research analyses the growth of Satellite Bus Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
● by Subsystem Type (Structures & Mechanisms, Thermal Control System, and Others)
● by Satellite Size Type (Small, medium and large)
● by Application Type (Communication, Surveillance & Security, and Others)
● and by Region (North America, Europe, Asia-Pacific, and RoW)
Go through the detailed scope: https://www.stratviewresearch.com/toc/357/Satellite-Bus-Market.html
Or
Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/357/Satellite-Bus-Market.html
Increasing deployment of small satellites
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.
Earth observation and meteorology to grow at highest rate
Based on the application type, the market is segmented into Earth Observation and Meteorology, Communication, Scientific Research & Exploration, Surveillance & Security, and Mapping & Navigation. The earth observation and meteorology segment is expected to grow at the highest rate in the coming five years, owing to their capability to monitor situations, such as cyclones, storms, floods, fires, volcanic activities, earthquakes, landslides, oil slicks, environmental pollution, and other such calamities. There has been a high focus for the development of small satellites targeting key areas including earth observation, communications, and networking.
Top market players
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. Advancement in the technology and formation of a long-term relationship with OEMs are some of the key strategies adopted by the major players to gain a competitive edge in the market.
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
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