Space Based Computing Platforms Market

Space Based Computing Platforms Market by Application (Communication, Earth Observation, Navigation, Meteorology, Other), Platform (Nano Satellite, Micro satellite, small satellite, Medium satellite, Large satellite, Spacecraft), Environmental Conditions (Radiation Hardness, Temperature, Shock), Communication frequency (X-band, S-band, K-band, UHF/VHF Band) and Region - Global Forecast to 2027

Report Code: AS 8066 Jun, 2024, by marketsandmarkets.com

A Space based computing platform is a processor-based system installed on the space platforms like spacecrafts and satellites. The objective of this system is to manage and sync all the operations that are to be performed by the satellite or spacecraft.

The study considered major activities to estimate the current market size for space-based computing platform. Exhaustive secondary research was undertaken to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources, such as Hoovers, Bloomberg, BusinessWeek, as Statista, OICA, World trade, Atlas trade, Gunter’s Space Page, Boeing Outlook, Airbus Outlook, Factiva, were referred to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognised authors, gold standard & silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The space-based computing platforms market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and integratory and regulatory organizations in its supply chain. The demand side of this market is characterized by various end-users, such as commercial organizations and military forces of different countries. The following is the breakdown of primary respondents that were interviewed to obtain qualitative and quantitative information about the space-based computing platforms market. Following is the breakdown of primary respondents.

Space Based Computing Platforms Market

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the space based computing platforms market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • Key players in the market were identified through secondary research and their market ranking determined through primary and secondary research. This included a study of annual and financial reports of the top market players and extensive interviews with industry experts.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

Data Triangulation

The space based computing platform market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and integratory and regulatory organizations in its supply chain. The demand side of this market is characterized by various end-users, such as commercial organizations and military forces of different countries.

The supply side is characterized by technological integration & product enhancement , developing space qualified, processor based computing systems. The following is the breakdown of primary respondents that were interviewed to obtain qualitative and quantitative information about the space based computing platforms market.

Report Objectives

  • To define, describe, segment, and forecast the size of the space based computing platforms market based on Application, Platform, Environmental Conditions, Communication frequency, and region
  • To understand the structure of the market by identifying its various segments and subsegments
  • To forecast the size of various segments of the market with respect to four major regions, namely, North America, Europe, Asia Pacific, and Rest of the World along with the major countries in each of these regions
  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the space based computing platforms market
  • To strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the overall market
  • To analyze the opportunities in the market for stakeholders by identifying key market trends
  • To analyze competitive developments such as contracts, acquisitions, expansions, new product launches, partnerships & agreements, and R&D activities in the market
  • To provide a detailed competitive landscape of the space based computing platforms market, along with an analysis of the business and corporate strategies adopted by leading players

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Scope of the Report

Report Metric

Details

Market size available for years

2019–2027

Base year considered

2021

Forecast period

2022–2027

Forecast monetary unit

Value (USD)

Segments covered

Application, Platform, Environmental Conditions, Communication Frequency

Regions covered

North America, Europe, Asia Pacific, Rest of the world

Companies covered

Honeywell International (US), Northrop Grumman Corp. (US), Lockheed martin (US), Airbus (Netherlands), RUAG International (Switzerland), Thales Group (France), MDA (Canada), ST Engineering (Singapore), IBM (US) among others.

This research report categorizes the space based computing platforms market based application, platform, environmental conditions, communication frequency, and region.

Based on Application, the space based computing platforms market has been segmented as follows:

  • Communication
  • Earth Observation
  • Navigation
  • Meteorology
  • Other

Based on Platform, the space based computing platforms market has been segmented as follows:

  • Nano Satellite
  • Micro satellite
  • Small satellite
  • Medium satellite
  • Large satellite
  • Spacecraft

Based on the Environmental conditions, the space based computing platforms market has been segmented as follows:

  • Radiation Hardness
  • Temperature
  • Shock

Based on the Communication Frequency, the space based computing platforms market has been segmented as follows:

  • X-band
  • S-band
  • K-band
  • UHF/VHF Band

Based on the region, space based computing platforms market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)
  • RoW includes Latin America, Middle East, and Africa

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