Report Highlights
The global satellites market should reach $4.2 billion by 2024 from $3.0 billion in 2019 at a compound annual growth rate (CAGR) of 6.8% for the forecast period of 2019 to 2024.
Report Includes
- 83 tables
- An overview of the global market for satellite communications technologies and description of their commercial and social demand in most countries
- Analyses of global market trends, with data from 2018 and 2019, and projections of compound annual growth rates (CAGRs) through 2024
- Discussion on current market size, market forecast, market evolution, emerging technologies, components, and research and developments going on satellite communications technologies market
- A breakdown of satellite communications technologies, such as the Automatic Identification System (AIS) and Very Small Aperture Terminal (VSAT), as well as end-use industries, such as automotive, transportation, healthcare, maritime, and energy
- Market share analysis of key market participants and their competitive landscape
- Profiles description of leading space technology stakeholders, including Boeing Co., China National Space Administration (CNSA), European Space Agency (ESA), Indian Space Research Organization (ISRO), National Aeronautics and Space Administration (NASA), RUAG Holding AG and Sierra Nevada
Report Scope
The satellite market is segmented into the following categories:
- By type of orbit: Low earth orbit (LEO), medium earth orbit (MEO), geosynchronous orbit (GEO) and elliptical orbit.
- By application: Technology development and demonstration, earth observation (remote sensing and weather forecasting), communications, space science and research, surveillance and security, and navigation and tracking.
- By end user: Civil, commercial, military and government.
In addition to surveying the industry and conducting a competitive analysis of the satellite market, this report also exhaustively covers patent analysis and includes a comprehensive list of company profiles of key players that are active in the global market.
Analyst Credentials
Sinha G. Gaurav, research analyst, holds an MBA in finance from ICFAI Business School, Hyderabad (India), and a bachelor's degree in electrical engineering from Rajasthan University (India). He has worked in almost all domains across the market research industry. He has 11 years of experience in the fields of market research and investment banking. His primary focus is in healthcare, chemicals, electronics, finance and database designing. His publications include subjects such as quantum dots, IT in healthcare, alternative data, ultrafast lasers, inorganic polymers, waste management, factory automation and Voxel, among others.
Report Highlights
The global market for satellite communications reached nearly $4.6 billion in 2017 and should reach nearly $7.5 billion by 2022, at a compound annual growth rate (CAGR) of 10.5% for the period of 2017-2022
Report Highlights
The global market for telecommunication components, modules, and devices in satellite technologies was estimated to total $18.5 billion in 2012 and is projected to increase to $19.5 billion in 2013; the market should total $21.4 billion by 2018 and have a five-year compound annual growth rate (CAGR) of 1.9% from 2013 to 2018.
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