Press release
Satellites Global Market Report (2022 - 2031) | By Industry Trends, Future Growth And Major Key Players Are Intelsat, SES S.A., Lockheed Martin Corporation, Airbus S.A.S., Millennium Space Systems Inc.
The global satellites market size is expected to grow from $23.15 billion in 2021 to $24.86 billion in 2022 at a compound annual growth rate (CAGR) of 7.4%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The satellite market is expected to reach $31.06 billion in 2026 at a CAGR of 5.7%.The Business Research Company offers the Satellites Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The satellites market consists of sales of satellites by entities (organizations, sole traders or partnerships) that produce satellites. A satellite is an artificial body placed in orbit round the earth, or another planet to collect information or for communication purpose. The market includes maintenance services provided by aerospace support and auxiliary equipment manufacturers during the equipment's warranty period. Only goods and services traded between entities or sold to end consumers are included.
Some key satellites market players are Intelsat, SES S.A., Lockheed Martin Corporation, Airbus S.A.S., Millennium Space Systems Inc., Eutelsat Communications S.A., Boeing, Thales Group, Orbital Sciences Corporation, Planet Labs Inc., AAC Clyde Space, Adcole Maryland Aerospace LLC, Alen Space, Blacksky, Blue Canyon Technologies(BCT), Endursat, Exolaunch GmbH, G.A.U.S.S. Srl, Geooptics Inc, Gomspace, L3Harris Technologies Inc., Nanoavionics, Nanoracks, Viasat Inc., Telesat, EchoStar Corporation, L3 Technologies Inc., Thuraya Telecommunications Company, SKY Perfect JSAT Group, Gilat Satellite Networks and Cobham Limited.
The countries covered in the global satellites market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global satellites market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Satellites Market Segmentation:
1) By Type:
Large Satellite
Mini Satellite
Micro Satellite
2) By Orbit:
Low Earth Orbit (LEO)
Medium Earth Orbit (MEO)
Geosynchronous Orbit (GEO)
Elliptical Orbit
3) By End User:
Commercial
Civil
Government
4) By Application:
Scientific Research
Technology Demonstration and Verification
Earth Observation and Remote Sensing
Scientific Research
Communication
See More On The Report At https://www.thebusinessresearchcompany.com/report/satellites-global-market-report
The Report's Table Of Contents Includes
1. Executive Summary
2. Satellites Market Characteristics
3. Satellites Market Trends And Strategies
4. Impact Of COVID-19 On Satellites
5. Satellites Market Size And Growth
……
26. Africa Satellites Market
27. Satellites Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Satellites Market
29. Satellites Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the satellites market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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