Satellite is an artificial platform placed manually into orbit to serve various purposes. The functions of satellites encompass weather information, Earth observation, and research. The military satellites are employed in missions like intelligence gathering, navigation, and military communications. Satellites are launched into space to provide various services, such as communications, surveillance, telemetry, and remote sensing. They are designed specifically as per their intended applications. Depending on the type of application, satellites are classified as navigation satellites, communications satellites, reconnaissance satellites, and remote sensing satellites
Technavio’s analysts forecast the global military satellite market to grow at a CAGR of 5.95% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global military satellite market for 2017-2021. To calculate the market size, the report considers the revenue generated by the vendors supplying military satellites and hosted payloads to various defense agencies across the globe.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Military Satellite Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Boeing • IAI • Northrop Grumman • Thales Alenia Space • Raytheon
Other prominent vendors • Airbus Defence and Space • China SpaceSat • Lockheed Martin • OHB
Market driver • Preference for hosted payload • For a full, detailed list, view our report
Market challenge • Delays and unsuccessful attempts of satellite launch • For a full, detailed list, view our report
Market trend • Increasing collaborative agreements with private SATCOM providers • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Our reports have been used by over 10K customers, including:
Nanosatellites and CubeSats are poised to provide a global layer of low-cost communications for Internet of Things across multiple industries including maritime shipping, terrestrial trucking, precision agriculture, construction and trucking asset tracking, utility grid monitoring, and defense asset tracking. "Small satellites under 10kg payloads...
26 pages •
By Paul Budde Communication Pty Ltd
• Aug 2018
In 2018 the global telecommunications market continues its transformation into the industry underpinning the digital, sharing and interconnected economy. This evolution is mainly driven by the ongoing innovations and technological developments that are taking place and the industry is working hard to keep up with these...
The Global Satellite Communication Equipment Market is poised to grow at a CAGR of around XX% over the next decade to reach approximately $XX million by 2027. Some of the prominent trends that the market is witnessing include increasing need for high throughput satellite services and increasing use of cloud-based services...
199 pages •
By Global Industry Analysts
• Jul 2018
This report analyzes the worldwide markets for Satellite Transponders in Number of 36 MHz Transponder Equivalents (TPE) by the following Application Areas: Broadcast, Trunking, Networking, and Reserve. The Global market is also analyzed by the following Band Types: Ku-Band, C-Band, and Ka-Band. The report provides separate...
178 pages •
By Infiniti Research Limited
• Jun 2018
About Satellite-based Earth Observation Satellite-based earth observation (EC)) involves the collection and dissemination of imagery of the Earth’s surface and atmosphere using orbital satellites for applications in defense; environmental monitoring; meteorology; cartography; and other public, commercial, and consumer...
Commercial End-User Expected to Generate the Highest Revenue by 2022 in the Global CubeSat Market The CubeSat market has witnessed a high growth rate owing to the extensive demand of small satellite constellations, technological expansion in electronic components for CubeSats, imminent need for satellite miniaturization...