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Space On board Computing Platform Market Insights, Trends, Segments And Global Forecast 2023 To 2032 | BAE Systems, Thales Group, L3Harris Technologies Inc., Saab AB, Northrop Grumman
Space On Board Computing Platform Market Analysis
As per the Space On Board Computing Platform market report by The Business Research Company, the rise in space exploration missions is expected to propel the growth of the space-on-board computing platform market going forward. Space on-board computing platforms are commonly used in a number of space exploration missions due to their capabilities of gathering information using various applications, data storing, analyzing, and distributing the collected data to provide mapping and navigation in earth and space exploration missions.
The global space on-board computing platform market size grew from $1.23 billion in 2022 to $1.4 billion in 2023 at a compound annual growth rate (CAGR) of 13.8%. 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 space on-board computing platform market size is expected to grow to $2.25 billion in 2027 at a CAGR of 12.6%.
Read More On The Space On Board Computing Platform Market Report Here:
https://www.thebusinessresearchcompany.com/report/space-on-board-computing-platform-global-market-report
Major competitors in the Space On Board Computing Platform market include BAE Systems, Thales Group, L3Harris Technologies Inc., Lockheed Martin Corporation, Honeywell International Inc., Raytheon Technologies Corporation, Saab AB, Northrop Grumman, Airbus Industrie GIE, Ball Corporation, Cobham Gaisler Ab, Contec Co Ltd., EnduroSat, G.A.U.S.S. Srl, International Business Machines Corporation, Leonardo S p A, Loft Orbital, Space Tango, ST Engineering, and Teledyne Technologies Inc.
The Space On Board Computing Platform market is segmented -
By Platform: Nano Satellite, Microsatellite, Small satellite, Medium satellite, Large satellite, Spacecraft
By Technology: Cots, Non-Cots
By Orbit: Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geostationary Earth Orbit (GEO)
By Communication Frequency: S-Band, X-Band, C-Band, K-Band, Other Communication Frequencies
By Application: Communication, Earth Observation, Navigation, Meteorology, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Space On Board Computing Platform market.
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The space on-board computing platform is the key core of the spacecraft avionics used for collection, analysis, and processing of data gathered by satellite on-board to provide an exact map of the earth's surface. The space on-board computing platform collects data through various applications and provides mapping and navigation across the globe.
The Table Of Content For The Space On Board Computing Platform Market Include:
1. Executive Summary
2. Space On Board Computing Platform Market Characteristics
3. Space On Board Computing Platform Market Trends And Strategies
4. Space On Board Computing Platform Market - Macro Economic Scenario
5. Space On Board Computing Platform Market Size And Growth
……
26. Africa Space On Board Computing Platform Market
27. Space On Board Computing Platform Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Space On Board Computing Platform Market
29. Space On Board Computing Platform Market Future Outlook and Potential Analysis
30. Appendix
The "Global Space On Board Computing Platform 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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