Press release
2023 Satellites Market: Industry Overview, Share, Trend, Segmentation And Forecast To 2032
Satellites Market
As per the satellites market report by The Business Research Company, During the forecast period, the increase in demand for Direct-To-Home (DTH) television services contributed to the satellite market's growth. The DTH (Direct to Home) service is basically a digital satellite service that delivers satellite television programming promptly to a subscriber's home. As per the Telecom Regulatory Authority of India (TRAI) Quarterly Indicator Report, in 2020, DTH will have attained a net active subscriber base of around 70.99 million with five pay-TV DTH service providers.
The global satellites market size will grow from $25.68 billion in 2022 to $27.73 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global satellites market size is expected to grow to $33.59 billion in 2027 at a CAGR of 4.9%
Read More On The Satellites Market Report Here:
https://www.thebusinessresearchcompany.com/report/satellites-global-market-report
Major competitors in the satellites market include 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 satellites market is segmented -
By Type: Large Satellite, Mini Satellite, Micro Satellite
By Orbit: Low Earth Orbit (Leo), Medium Earth Orbit (Meo), Geosynchronous Orbit (Geo), Elliptical Orbit
By End User: Commercial, Civil, Government, Others
By Application: Scientific Research, Technology Demonstration and Verification, Earth Observation and Remote Sensing, Scientific Research, Communication, Others
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the satellites market.
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A satellite is an artificial body placed in orbit around the earth or another planet to collect data or communicate. Components of a satellite include communications system, a power system, and a propulsion system.
The Table Of Content For The Satellites market Include:
1. Executive Summary
2. Satellites Market Characteristics
3. Satellites Market Trends And Strategies
4. Satellites Market Market - Macro Economic Scenario
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
The "Global Satellites market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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