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Satellite Bus Market 2023-2032 | Size, Share, Growth, Trends, Revenue, Competitive Landscape, Forecast Report
Satellite Bus Market
As per the satellite buses market report by The Business Research Company, The increase in investment by governments & space agencies is significantly driving the growth of the satellite bus market. The government of different countries is allocating special budgets for exploration, development, testing, evaluation, procurement and operation, and conservation of satellites and associated factors.
The global satellite bus market size grew from $11.22 billion in 2022 to $11.98 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. 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 satellite bus market size is expected to grow to $15.8 billion in 2027 at a CAGR of 7.2%.
Read More On The Satellite BUSES Market Report Here:
https://www.thebusinessresearchcompany.com/report/satellite-bus-global-market-report
Major competitors in the satellite buses market include Airbus SAS, Ball Corporation, Boeing, Honeywell International Inc., Israel Aerospace Industries Ltd., Lockheed Martin Corporation, Mitsubishi Electric Corporation, Sierra Nevada Corporation, Thales Alenia Space, SpaceQuest Ltd., Alliant Techsystems Inc., Sputnix, and Magellan Aerospace.
The satellite buses market is segmented -
• By Type: Small Satellite, Medium Satellite, Large Satellite
• By Application: Earth Observation & Meteorology, Communication, Scientific Research & Exploration, Other Applications. North America was the largest region in the satellite buses market.
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The satellite bus refer to the satellite's primary body and structural component used to hold the payload and scientific equipment. Satellite buses are frequently tailored to client specifications. Satellite buses are primarily utilized in geosynchronous satellites, especially communications satellites. It is also used in lower-orbit spacecraft including low-earth-orbit missions.
The Table Of Content For The Satellite buses Market Include:
1. Executive Summary
2. Satellite Bus Market Characteristics
3. Satellite Bus Market Trends And Strategies
4. Satellite Bus Market - Macro Economic Scenario
5. Satellite Bus Market Size And Growth
……
27. Satellite Bus Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Satellite Bus Market
29. Satellite Bus Market Future Outlook and Potential Analysis
30. Appendix
The "Global Satellite Buses 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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