Satellite Market by Type (Large Satellite, Mini Satellite, Micro Satellite, and Nano Satellite) and Applications, 2017-2023: Airbus S.A.S., Boeing, Thales Group, Orbital Sciences Corporation, Planet Labs Inc. and Millennium Space Systems, Inc.
The global satellite market is dominated by key players such as Intelsat, SES S.A., Eutelsat Communications S.A., Lockheed Martin Corporation, Airbus S.A.S., Boeing, Thales Group, Orbital Sciences Corporation, Planet Labs Inc., and Millennium Space Systems, Inc.
The satellite market is an integral part of any economy for the development of infrastructure for commercial companies, government agencies, telecom, and space industry. It is an artificial object which is intentionally placed into the orbit. This object is called as artificial satellite and it acts as cell towers in the sky which transmits data from one point on the earth to another.
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They enhance missions which last for more than 15 years in the vacuum of the space at extreme temperature and radiations. Satellites vary based on their frequency, orbit, and missions. They are manufactured for different purposes such as telecommunication, navigation, military, space science, remote sensing, and others.
The global satellite market is driven by increase in demand for direct to home (DTH) television, high definition TV conversion, and intercontinental transmission in developed economies. In addition, continuous growth of video diffusion and internet access, increase in demand for digital TV and growth in communication and broadcasting market fuels the market growth. However, technology risk, spectrum access risk, and increase in competition from fiber optical cable limit the market growth. Furthermore, advancements in space technologies, rise in demand for satellites in various application areas, and emergence of terrestrial broadband concept and hybrid DTH is expected to provide numerous opportunities for development.
•The study provides an in-depth analysis of the global satellite market and current & future trends to elucidate the imminent investment pockets.
•Information about key drivers, restrains, and opportunities is provided.
•Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
•The quantitative analysis of the global market from 2017 to 2023 is provided to determine the market potential.
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Satellite Market Key Segments:
By End User
•Technology Demonstration and Verification
•Earth Observation and Remote Sensing
oRest of Europe
oRest of Asia-Pacific
Key Market Players Profiled In The Report
•Eutelsat Communications S.A.
•Lockheed Martin Corporation
•Orbital Sciences Corporation
•Planet Labs Inc.
•Millennium Space Systems, Inc.
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