The global satellite launch services market witnessed a 2.98 times increase in terms of number of satellites launched in 2020 when compared to 2019. Another shift that can be observed is the increase in the number of small satellites being launched. Multiple satellite operators with a history of launch in 2019 have launched satellites in orbit. Satellite constellations such as Starlink have launched 1,700+ satellites in orbit and have started services in some countries. Similarly, OneWeb launched more than 200 satellites until H1 2021, indicating the accelerated rate of deployment. In addition, multiple new application satellite operators are entering the market, further expanding the need for satellite launches and increasing the total demand for satellite launch services. A significant portion of the demand continues to come from operations such as communication and earth observation, but the demand from IoT/M2M constellations is also rising.Owing to the growing market opportunity for launch services, the number of launch service providers has increased. Most of these providers are in the development stage. The intensifying competition will increase the opportunity for satellite operators to choose launch service providers based on mission requirements, launch slot availability, reliability, and price. Dedicated launch service providers will help small satellite operators to become operational and offer shorter lead times for launch, without compromising on mission requirements such as the launch of constellations in mid-latitudes.
Our reports have been used by over 10K customers, including:
The Satellite Communication Market in the Defense Sector was valued at USD 4.60 Billion in 2021, and it is expected to reach a value of USD 6.83 Billion by 2027, registering a CAGR of 6.93% during the forecast period (2022-2027). Key Highlights Satellite communication is being used for a plethora of applications...
The space on-board computing platform market is estimated to be USD 1.3 billion in 2022 and is projected to reach USD 2.3billion by 2027, at a CAGR of 12.1% from 2022 to 2027. Growth of this market can be attributed to the rise in trade of space on-board computing platform, developments in the defense sector, and national security sector. Rise...
The Global Satellite Communication (SATCOM) Market (henceforth referred to as the market studied) was valued at USD 39.14 billion in 2021 and is expected to reach USD 73.72 billion by 2027; the market is to register a CAGR of 11.45% during the period of 2022-2027 (henceforth referred to as the forecast period). Key Highlights Satellite...
The global nanosatellite and microsatellite market reached a value of US$ 2.0 Billion in 2021. Looking forward, the analyst expects the market to reach US$ 6.1 Billion by 2027, exhibiting a CAGR of 20.57% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect...
175 pages •
By The Business Research Company
• May 2022
Major players in the satellite antenna market are Airbus SAS, Cobham PLC, Dettwiler and Associates Ltd., Elite Antennas Ltd., General Dynamics Corporation, Gilat Satellite Networks, Harris Corporation, Honeywell International Inc., Macdonald, Mitsubishi Electric Corporation, Space Star Aerospace Technology Applications Co. Lt, Viasat Inc,...
Global Space Power Supply Market to Reach $5,174.6 Million by 2032 Industry & Technology Overview Global Space Power Supply Industry Overview The global space power supply market is estimated to reach $5,174.6 million in 2032 from $2,624.6 million in 2021, at a growth rate of 1.66% during...
Global Radiation-Hardened Electronics for Space Application Market to Reach $4,761.1 Million by 2032 Industry & Technology Overview Global Radiation-Hardened Electronics for Space Applications Market Overview The global radiation-hardened electronics for space applications market is estimated...
Low Earth orbit (LEO) constellations involving multiple satellites are the key source of demand for these services.Once these mega constellations reach the end of their installation phase and enter their respective expansive/replacement phases, many satellites will need to be de-orbited and/or serviced. Geosynchronous equatorial orbit...
This IDC Perspective provides an update on the status of a dozen major global low Earth orbit (LEO) satellite constellations. More than a dozen small satellite operators have begun to place giant constellation swarms -- many with tens of thousands of satellites -- into low Earth orbit in a bid to make broadband internet and 5G wireless coverage...
The global satellite data service market reached a value of US$ 6.5 Billion in 2021. Looking forward, the analyst expects the market to reach US$ 17.82 Billion by 2027, exhibiting a CAGR of 18.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence...
Artificial Intelligence
Satellite
Broadband
Defense
World
By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them.
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.