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Satellite Bus Market Size, Share, Development by 2024– Top Key players like Airbus,Boeing,MDA,Inc.
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A satellite bus or spacecraft bus is a general model on which multiple-production satellite spacecraft are often based. The bus is the infrastructure of the spacecraft, usually providing locations for the payload (typically space experiments or instruments).
North America led the satellite bus market in 2017. The US government is increasingly investing in the satellite bus industry to enhance the capabilities and efficiency of satellite bus and launch vehicles. However, the satellite bus market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period. The Asia Pacific is considered a lucrative market for domestic and regional satellite bus manufacturers, and thus, the increase in the development of satellites is expected to propel the growth of the satellite bus market in this region.
The global Satellite Bus market was 8170 million US$ in 2017 and is expected to 12900 million US$ by the end of 2025, growing at a CAGR of 5.9% between 2018 and 2025.
Market Segment by Manufacturers, this report covers
Orbital ATK
Lockheed Martin
Thales Alenia Space
Airbus
China Academy of Space Technology
Israel Aerospace
Boeing
Honeywell
Mitsubishi
Ball
MDA
Sierra Nevada
Market Segment by Type, covers
Small Satellite (1-500kg)
Medium Satellite (501-2,500kg)
Large Satellite (>2,500kg)
Market Segment by Applications, can be divided into
Earth Observation & Meteorology
Communication
Scientific Research & Exploration
Surveillance & Security
Mapping & Navigation
Navigation
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https://www.marketresearchreportstore.com/reports/145603/global-satellite-bus-market-history-breakdown
Related Information:
North America Satellite Bus Market Growth 2019-2024
United States Satellite Bus Market Growth 2019-2024
Asia-Pacific Satellite Bus Market Growth 2019-2024
Europe Satellite Bus Market Growth 2019-2024
EMEA Satellite Bus Market Growth 2019-2024
Global Satellite Bus Market Growth 2019-2024
China Satellite Bus Market Growth 2019-2024
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