Press release
Satellite Market Analysis by Types, Applications, End Users, Technology With Forecast Till 2030
Satellite Market
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.
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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.
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The global satellite market is segmented on the basis of type, end user, and application. Type segment covered in this study include large satellite, mini satellite, micro satellite, and nano satellite. Based on end user, the market is categorized into commercial, civil, government, and others. On the basis of application, the market is divided into scientific research, technology demonstration and verification, earth observation and remote sensing, scientific research, communication, and others. By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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.
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Key Benefits
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.
Key Market Players Profiled In The Report
Intelsat
SES S.A.
Eutelsat Communications S.A.
Lockheed Martin Corporation
Airbus S.A.S.
Boeing
Thales Group
Orbital Sciences Corporation
Planet Labs Inc.
Millennium Space Systems, Inc.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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