Press release
Satellite Manufacturing and Launch Market to Witness Robust Expansion by 2023
Satellite height is a major factor in its utility for use within a communications system. It determines the orbit period, the time that the satellite is visible to a ground station, the footprint (coverage area on earth’s surface), the propagation delay of signals to and from the satellite, and the path attenuation.There are three categories of distance from the earth for satellite orbits and accordingly satellites, which are Low Earth Orbit (LEO), Medium Earth Orbit (MEO) and Geostationary Earth Orbit (GEO). These have various characteristics and offer advantages as well as disadvantages.
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Global Satellite Manufacturing and Launch Market: Forecast by Type / Application / Region
In the coming years there is an increasing demand for Satellite Manufacturing and Launch in the regions of US and Europe that is expected to drive the market for more advanced Satellite Manufacturing and Launch. Growth in government budgets in the principal countries, increasing of communications satellites expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology will drive growth in United States and Europe markets.
Globally, the Satellite Manufacturing and Launch industry market is concentrated. The satellite market is dynamic and highly competitive. In the commercial satellite segment, the main competitors are Thales Alenia Space’s, Space Systems / Loral, Airbus Group, Orbital ATK, Boeing and Lockheed Martin. Going forward, the main commercial challenge will be the ability to offer satellite solutions with all-electric propulsion. It is important to note the gradual arrival in the commercial market of new international players (from Russia, China, India, Israel, Japan, etc.) in the fields of telecommunications and observation. The arrival of GAFA (Google, Apple, Facebook, and Amazon) has also changed the commercial landscape with the emergence of new needs in terms of mega-constellations.
Over the next five years, LPI(LP Information) projects that Satellite Manufacturing and Launch will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
Global Satellite Manufacturing and Launch Market: Key Players
Airbus Defence and Space
OHB SE
Boeing Defense, Space & Security
JSC Information Satellite Systems
Lockheed Martin
Orbital ATK
Space Systems/Loral
Thales Alenia Space
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Related Information:
United States Satellite Manufacturing and Launch Market Research Report 2018
Europe Satellite Manufacturing and Launch Market Research Report 2018
North America Satellite Manufacturing and Launch Market Research Report 2018
Asia-Pacific Satellite Manufacturing and Launch Market Research Report 2018
China Satellite Manufacturing and Launch Market Research Report 2018
EMEA Satellite Manufacturing and Launch Market Research Report 2018
Global Satellite Manufacturing and Launch Market Research Report 2018
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