Press release
Satellite Payloads Market To Witness Astonishing Growth
Optimal selection of satellite payloads has a governing influence on maximizing the utility of the satellite. However, manufacturers continue to struggle in development of satellite payloads under power supply constraints associated with satellite buses. In spite of attaining surplus investments, companies operating in the global satellite payload market continue to rely on experimental solutions for eliminating such shortcomings. According to Persistence Market Research, the global market for satellite payloads is expected to witness a moderate growth in the next five years.
To remain 'ahead' of your competitors, request for a Sample@ https://www.persistencemarketresearch.com/samples/17998
The report published by Persistence Market Research projects that by the end of forecast period, 2017-2022, the global market for satellite payloads will have registered modest CAGR and procured a little over US$ 14.8 Bn revenues. Various factors influencing the dynamics of global satellite payload market have been compiled in the report, wherein rising investments in space exploration sector is observed as key driver for the market's growth.
Segmental Analysis of Global Satellite Payload Market
The report has segmented the global market for satellite payloads on the basis of orbit-type, payload-type, applications and frequency bands.
• In 2017, the global market for satellite payloads witnessed higher demand for hosted payloads designed for low earth orbit (LEO) deployment. While satellite payloads developed for LEO deployment will witness highest revenue share, global revenues contributed by this segment will incur sluggish growth throughout the forecast period.
• Through 2022, navigation payloads will attain the largest revenue share, followed by imaging satellite payloads and communication payloads. Deployment of a majority of commercial satellites is expected to be directed towards boosting the strength of global navigation network.
• Concurrently, navigation is expected to remain the largest application for satellite payloads. By the end of 2022, navigation application of satellite payloads is anticipated to procure around US$ 7 Bn in global revenues. Towards the end of forecast period, scientific research applications of satellite payloads are also expected to gain traction.
• The report further projects that sales of C K/KU/KA band payloads will dominate the market, recording nearly one-fourth share on global market throughout the forecast period.
For critical insights on this market, request for customization here @ https://www.persistencemarketresearch.com/request-customization/17998
Satellite Payloads Market: Regional Overview
The Asia-Pacific excluding Japan (APEJ) region is exhibiting growing interests in space technology and utilization, which has contributed to the surging demand for satellite payloads. The report projects that throughout the forecast period, the APEJ region will dominate the global market for satellite payloads. The APEJ satellite payload market is anticipated to create an incremental opportunity of US$ 780 Mn between 2017 and 2022. North America's satellite payloads market, on the other hand, is pegged to reflect a moderate CAGR through 2022, wherein a few US-based space technology companies are expected to deliver astronomical ROIs. Emerging space administration sector in Europe is also expected to factor in global expansion of satellite payload market.
The report has also profiled leading players in the global satellite payload market which include, Airbus Defense and Space, Boeing Company, Thales Group, Lockheed Martin Corporation, Mitsubishi Electrical Corporation, Honeywell International Inc., Harris Corporation, and Lucix Corporation.
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/17998
Related Reports:
• Automotive Telematics Market
https://www.persistencemarketresearch.com/market-research/automotive-telematics-market.asp
Global automotive telematics market in 2018 is US$ 42,624 Mn, which is expected to expand at a CAGR of 8.4% to reach US$ 81,100 Mn by the end of 2026.
Contact Us:
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Satellite Payloads Market To Witness Astonishing Growth here
News-ID: 2633970 • Views: …
More Releases from Persistence Market Research
Next Generation Sequencing (NGS) Market Outlook Highlights Strong Expansion at 2 …
The global Next Generation Sequencing (NGS) market is set to witness remarkable expansion in the coming years, with its market size projected to surge from US$ 8.42 billion in 2025 to US$ 33.3 billion by 2032, registering a robust compound annual growth rate (CAGR) of 21.7% during the forecast period. Driven by rapid technological advancements, the rising demand for personalized medicine, and the increasing adoption of genomics in research and…
U.S. Wheat Berries Market to Reach US$11.6 Bn by 2032 Driven by Rising Health & …
The U.S. wheat berries market is projected to experience substantial growth over the coming years, with its market size estimated at US$8.1 billion in 2025. Industry analysis indicates that the market is likely to reach US$11.6 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.3% during the forecast period from 2025 to 2032. The growth trajectory is largely driven by increasing consumer awareness regarding nutritional foods, rising…
Gourmet Salts Market Value to Reach US$2,896.2 Mn by 2032 Driven by Food Demand
The Global Gourmet Salts Market is positioned for steady expansion over the forecast period, reflecting evolving consumer preferences, premiumization trends in food and beverages, and increasing demand for natural and specialty ingredients. The market is estimated to reach a valuation of US$ 2,101.9 million in 2025 and is projected to grow to approximately US$ 2,896.2 million by 2032. This growth trajectory represents a compound annual growth rate (CAGR) of 4.7%…
White Mushroom Market valued at US$51.6Bn in 2025 driven by health foods and pla …
The global white mushroom market is entering a phase of sustained and accelerated growth, underpinned by evolving consumer preferences, expanding food processing industries, and increasing recognition of mushrooms as a nutrient-dense and sustainable food source. The market size is likely to be valued at US$51.6 billion in 2025 and is estimated to reach US$97.4 billion by 2032, expanding at a strong compound annual growth rate (CAGR) of 9.5% during the…
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report.
The global endotherapy devices market is projected to reach…
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally.
Introduction
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’.
Get PDF for more Professional and Technical insights…
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at…
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market…
Digital Living Room Market 2017 - 2025 : Sharp Corporation, BenQ Corporation, So …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
