Satellites Market
Report Code
AS 9245
Published in
Feb, 2026, By MarketsandMarkets™
Satellites Market by Mass (1-1200 kg, 1201-2000 kg, >2000 kg), Application (Communication, Earth Observation, Navigation), Subsystem (Satellite Bus, Solar Panels, Payloads, Satellite Antenna), Frequency, Propulsion, and Region -Global Forecast to 2031
USD 46.79 BN
MARKET SIZE, 2031
CAGR 16.9%
(2025-2031)
300
REPORT PAGES
350
MARKET TABLES
OVERVIEW
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
The satellites market is projected to grow from USD 15.68 billion in 2025 to USD 46.79 billion by 2031, with a CAGR of 16.9%. In terms of volume, the market is expected to reach 5,110 units by 2031, from 2,942 units in 2025. The growth is driven by expanding satellite networks, increasing demand for communication and Earth observation services, rising commercial involvement, and ongoing government and defense investments in space infrastructure.
KEY TAKEAWAYS
-
By RegionAsia Pacific accounted for a 39.3% revenue share in 2025.
-
By MassThe small satellites segment is expected to register the highest CAGR of 23.8% during the forecast period.
-
By ApplicationCommunication satellites are expected to be the largest segment during the forecast period.
-
Competitive LandscapeSpaceX, Thales Alenia Space, and Lockheed Martin Corporation were identified as the star players in the satellites market, given their substantial market share and product footprint.
The satellites market is growing steadily as communication, earth observation, navigation, and defense activities increasingly depend on space-based systems. Improved payloads, onboard processing, and propulsion are enhancing satellite performance and mission efficiency. Meanwhile, more commercial players are entering the market, and satellite constellations are expanding, supporting overall market growth.
TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS
The impact on customers’ customers in the satellites market comes from the increasing need for reliable connectivity, real-time Earth observation, and secure space-based services for both commercial and government clients. More satellite launches, software-defined payloads, and AI-based onboard processing are encouraging end users to adopt more flexible and data-driven operations. There is also a stronger emphasis on high-capacity communication, faster data access, and resilient space infrastructure, which is transforming service delivery and boosting demand for advanced satellites, subsystems, and launch solutions.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
MARKET DYNAMICS
Drivers
Impact
Level
Level
-
Rapid deployment of LEO constellations
-
Rising demand for Earth observation data
RESTRAINTS
Impact
Level
Level
-
Spectrum allocation and regulatory approvals
-
Limited availability of space-qualified components
OPPORTUNITIES
Impact
Level
Level
-
Data-as-a-service business models
-
Software-defined and reconfigurable satellites
CHALLENGES
Impact
Level
Level
-
Orbital congestion and collision risk
-
Long-term constellation economics
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Driver: Rapid deployment of LEO constellations
Large-scale LEO constellation deployments are cutting deployment time and lowering satellite costs through standardized manufacturing and rideshare launches. This enables operators to expand coverage more quickly and support latency-sensitive applications like broadband, IoT backhaul, and mobility services. Faster constellation rollouts result in earlier revenue and also boost launch activity and satellite production volumes.
Restraint: Spectrum allocation and regulatory approvals
Limited access to coordinated spectrum and slow licensing processes in many countries are delaying satellite network rollouts. Operators must handle ITU filings, local approvals, and coordination with terrestrial networks, which increases time to market. Regulatory uncertainty can delay constellation expansion plans and limit service availability in key regions.
Opportunity: Data-as-a-service business models
Satellite operators are increasingly shifting toward monetizing data directly instead of just selling raw capacity, especially in Earth observation and analytics-driven applications. Offering processed insights such as change detection, monitoring alerts, and predictive analysis enhances margins and generates steady recurring revenue. This transition appeals to enterprise and government users who prefer actionable information over owning satellite assets.
Challenge: Orbital congestion and collision risk
Higher satellite density in crowded LEO orbits leads to more close approach events and complicates operations. Operators must invest in collision avoidance tools, maneuver systems, and space situational awareness services. This congestion also raises regulatory checks and concerns about the long-term sustainability of future satellite launches.
SATELLITES MARKET: COMMERCIAL USE CASES ACROSS INDUSTRIES
| COMPANY | USE CASE DESCRIPTION | BENEFITS |
|---|---|---|
 |
Airlines, maritime operators, remote enterprises, and government agencies need dependable, high-bandwidth connectivity in areas where terrestrial infrastructure is limited or unavailable, including rural, maritime, and aeronautical environments. | Provides reliable high-speed broadband coverage, supports mission-critical communications, boosts operational efficiency, and enables digital services for aircraft, vessels, and remote users without depending on ground-based networks. |
 |
Government and civil authorities require timely, high-resolution Earth observation data to respond to natural disasters, monitor environmental changes, and manage land and infrastructure assets, especially where traditional monitoring systems lack coverage and revisit frequency. | Provides quick-access, high-resolution imagery with frequent revisits, enhances situational awareness, supports faster decision-making during emergencies, and enables long-term environmental monitoring and asset management. |
 |
Critical sectors such as aviation, maritime transport, telecommunications, finance, and defense rely on precise, continuous, and globally accessible positioning and timing services to ensure safe operations and system synchronization. | Enables precise global navigation and timing, enhances safety and reliability, supports civilian and military uses, and underpins vital infrastructure like transportation, communications, financial networks, and defense systems. |
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET ECOSYSTEM
The satellites market ecosystem includes major platform manufacturers and solution providers such as SpaceX, L3Harris, Northrop Grumman, Planet, and Lockheed Martin, along with specialized satellite and subsystem companies like Sierra Nevada Corporation, Surrey Satellite Technology, GomSpace, and AAC Clyde Space. These companies typically combine satellite buses, payloads, launch support, and downstream services to deliver comprehensive space solutions rather than standalone hardware. Close collaboration with end users like the European Space Agency and NASA helps enhance satellite capabilities in communication, Earth observation, and scientific missions while supporting the rising needs of commercial and government sectors in space.
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET SEGMENTS
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Satellites Market, By Mass
Large satellites are expected to dominate the mass segment, mainly because they can carry larger payloads, operate for longer periods, and perform mission-critical roles. These satellites are commonly used for high-throughput communication, navigation, weather monitoring, and defense-related missions.
Satellites Market, By Application
Communication satellites are expected to be the leading application segment due to the high demand for broadband connectivity, broadcasting, and secure data links. These satellites are extensively used for telecom backhaul, aviation, maritime connectivity, and enterprise networks.
Satellites Market, By Customer Type
The commercial segment is expected to hold the largest market share, supported by increased investments from private satellite operators and service providers. Commercial satellites are increasingly used for connectivity, data services, and analytics-focused applications. Faster deployment cycles and scalable business models are further accelerating adoption within this segment.
Satellites Market, By Frequency
The Ku-band is expected to dominate the frequency segment due to its widespread use in satellite communication services. It provides a good balance of coverage and capacity, making it ideal for broadcasting, broadband, and mobility applications. A well-established network of ground terminals and service providers continues to support consistent demand.
REGION
Asia Pacific to be fastest-growing region during forecast period
Asia Pacific is expected to be the fastest-growing satellite market during the forecast period, driven by expanding national space programs, rising satellite launches, and increasing demand for communication and earth observation services. Higher investment in defense and civil space missions, along with strong government support in countries like China, India, Japan, and South Korea, is boosting satellite deployments across the region. Faster commercialization of space activities and the growing need for regional connectivity are also contributing to this momentum.
SATELLITES MARKET: COMPANY EVALUATION MATRIX
SpaceX (Star) leads with a strong market share and a broad product footprint, supported by its large-scale LEO constellations and vertically integrated satellite manufacturing and launch capabilities. Planet Labs (Emerging Leader) is strengthening its position through high-frequency Earth observation constellations and data-driven analytics platforms serving both commercial and government customers. While SpaceX maintains dominance through scale, launch integration, and global broadband reach, Planet Labs shows significant potential to move toward the leaders’ quadrant as demand grows for real-time geospatial intelligence and recurring satellite data services across civil and enterprise sectors.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
KEY MARKET PLAYERS
- SpaceX (US)
- Lockheed Martin Corporation (US)
- Airbus (Netherlands)
- Northrop Grumman (US)
- Thales Alenia Space (France)
- L3Harris Technologies (US)
- MDA Space (Canada)
- Planet Labs (US)
- Sierra Nevada Corporation (US)
- Lantheus Space Systems (US)
- Mitsubishi Electric Corporation (Japan)
- RTX Corporation (US)
- OHB SE (Germany)
- Boeing (US)
- York Space Systems (US)
- Surrey Satellite Technology Ltd (UK)
MARKET SCOPE
| REPORT METRIC | DETAILS |
|---|---|
| Market Size in 2024 (Value) | USD 14.17 BN |
| Market Forecast in 2031 (Value) | USD 46.79 BN |
| Growth Rate | CAGR of 16.9% from 2025–2031 |
| Years Considered | 2021–2031 |
| Base Year | 2024 |
| Forecast Period | 2025–2031 |
| Units Considered | Value (USD MN/BN), Volume (Units) |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments Covered |
|
| Regions Covered | North America, Asia Pacific, Europe, Middle East, Rest of the World |
WHAT IS IN IT FOR YOU: SATELLITES MARKET REPORT CONTENT GUIDE
DELIVERED CUSTOMIZATIONS
We have successfully delivered the following deep-dive customizations:
| CLIENT REQUEST | CUSTOMIZATION DELIVERED | VALUE ADDS |
|---|---|---|
| Leading Manufacturer | Additional segment breakdown for countries | Additional country-level market sizing tables for segments/sub-segments covered at regional/global level to gain understanding of market potential by each country |
| Emerging Leader | Additional company profiles | Competitive information on targeted players to gain granular insights on direct competition |
| Regional Market Leader | Additional country market estimates | Additional country-level deep dive for more targeted understanding of total addressable market |
RECENT DEVELOPMENTS
- May 2025 : CNH Industrial N.V. entered a partnership with Starlink, a subsidiary of SpaceX, to integrate satellite-based broadband connectivity across its agricultural equipment portfolio. This partnership enabled low-latency, high-speed connectivity for precision agriculture, real-time machine monitoring, fleet management, and AI-enabled digital platforms.
- December 2025 : The US Space Force confirmed the deployment of the MILNET satellite communications constellation in partnership with SpaceX, comprising approximately 480 LEO small satellites. The program is funded by the Space Force and administered through the National Reconnaissance Office using the existing Starshield contract framework.
- December 2025 : Lockheed Martin Corporation secured a contract from the Space Development Agency to deliver 18 satellites for Tranche 3 of the Tracking Layer under the Proliferated Warfighter Space Architecture. The LEO small satellites will provide missile warning, tracking, and fire control quality data to support global missile defense, including hypersonic threat detection.
Table of Contents
Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.
TITLE
PAGE NO
1
INTRODUCTION
28
2
EXECUTIVE SUMMARY
33
3
PREMIUM INSIGHTS
37
4
MARKET OVERVIEW
LEO constellations and EO data demand drive satellite market growth amidst regulatory and economic challenges.
39
4.1
INTRODUCTION
4.2
MARKET DYNAMICS
4.2.1
DRIVERS
4.2.1.1
RAPID DEPLOYMENT OF LOW EARTH ORBIT (LEO) CONSTELLATIONS
4.2.1.2
RISING DEMAND FOR EARTH OBSERVATION (EO) DATA
4.2.1.3
DECLINING LAUNCH AND SATELLITE PRODUCTION COSTS
4.2.2
RESTRAINTS
4.2.2.1
SPECTRUM ALLOCATION AND REGULATORY APPROVALS
4.2.2.2
LIMITED AVAILABILITY OF SPACE-QUALIFIED COMPONENTS
4.2.3
OPPORTUNITIES
4.2.3.1
DATA-AS-A-SERVICE BUSINESS MODELS
4.2.3.2
SOFTWARE-DEFINED AND RECONFIGURABLE SATELLITES
4.2.3.3
ON-ORBIT SERVICING AND END-OF-LIFE SOLUTIONS
4.2.4
CHALLENGES
4.2.4.1
ORBITAL CONGESTION AND COLLISION RISK
4.2.4.2
LONG-TERM CONSTELLATION ECONOMICS
4.3
UNMET NEEDS AND WHITE SPACES
4.3.1
INTEGRATED SPACE TRAFFIC MANAGEMENT AND COLLISION AVOIDANCE
4.3.2
AFFORDABLE LIFECYCLE MANAGEMENT FOR MID-VALUE SATELLITES
4.3.3
GROUND SEGMENT INTEGRATION AND DATA USABILITY GAPS
4.3.4
REGULATORY AND SUSTAINABILITY COMPLIANCE SUPPORT
4.4
INTERCONNECTED MARKET AND CROSS-SECTOR OPPORTUNITIES
4.4.1
INTEGRATION WITH TERRESTRIAL DIGITAL INFRASTRUCTURE
4.4.2
GOVERNMENT AND PUBLIC SECTOR DIGITALIZATION
4.4.3
ENERGY AND NATURAL RESOURCE MONITORING
4.4.4
FINANCIAL SERVICES AND INSURANCE APPLICATIONS
4.4.5
MOBILITY AND TRANSPORTATION ECOSYSTEMS
4.5
STRATEGIC MOVES BY TIER 1/2/3 PLAYERS
4.6
SATELLITES MARKET: VOLUME DATA
5
INDUSTRY TRENDS
Navigate space industry shifts with insights on macroeconomic impacts, value chain dynamics, and pricing trends.
48
5.1
INTRODUCTION
5.2
MACROECONOMIC INDICATORS
5.2.1
INTRODUCTION
5.2.2
GDP TRENDS AND FORECAST
5.2.3
TRENDS IN GLOBAL SPACE INDUSTRY
5.3
VALUE CHAIN ANALYSIS
5.4
ECOSYSTEM ANALYSIS
5.4.1
PRIME CONTRACTORS & INTEGRATED SATELLITE PROVIDERS
5.4.2
SATELLITE PLATFORM & SUBSYSTEM MANUFACTURERS
5.4.3
END USERS
5.5
TOTAL COST OF OWNERSHIP
5.6
BILL OF MATERIALS
5.7
TRADE DATA
5.7.1
IMPORT SCENARIO (HS CODE 880260)
5.7.2
EXPORT SCENARIO (HS CODE 880260)
5.8
KEY CONFERENCES & EVENTS, 2026
5.9
TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.10
INVESTMENT AND FUNDING SCENARIO
5.11
PRICING ANALYSIS
5.11.1
AVERAGE SELLING PRICE TREND, BY REGION, 2021-2024 (USD MILLION)
5.11.2
INDICATIVE PRICING ANALYSIS, BY SATELLITE MASS, 2024 (USD MILLION)
5.12
CASE STUDIES
6
TECHNOLOGICAL ADVANCEMENTS, AI-DRIVEN IMPACT, PATENTS, INNOVATIONS, AND FUTURE APPLICATIONS
AI-driven innovations revolutionize satellite operations, boosting market potential and reshaping global connectivity.
67
6.1
KEY EMERGING TECHNOLOGIES
6.1.1
ADVANCED PROPULSION SYSTEMS
6.1.2
AUTONOMOUS OPERATIONS AND ONBOARD DECISION-MAKING
6.1.3
SPACE SITUATIONAL AWARENESS (SSA) AND THREAT MONITORING PAYLOADS
6.2
COMPLEMENTARY TECHNOLOGIES
6.2.1
COMMAND-AND-CONTROL SYSTEMS
6.2.2
GROUND SEGMENT VIRTUALIZATION AND CLOUD-BASED OPERATIONS
6.2.3
TECHNOLOGY ROADMAP
6.3
EMERGING TECHNOLOGY TRENDS
6.4
PATENT ANALYSIS
6.5
FUTURE APPLICATIONS
6.6
IMPACT OF AI/ GENERATIVE AI ON SATELLITES MARKET
6.6.1
TOP USE CASES AND MARKET POTENTIAL
6.6.2
BEST PRACTICES IN THE SATELLITES MARKET
6.6.3
CASE STUDIES OF AI IMPLEMENTATION IN SATELLITES MARKET
6.6.4
INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS
6.6.5
CLIENTS’ READINESS TO ADOPT GENERATIVE AI IN SATELLITES MARKET
6.7
SUCCESS STORIES AND REAL-WORLD APPLICATIONS
6.7.1
SPACEX – TRANSFORMING GLOBAL CONNECTIVITY THROUGH LARGE-SCALE LEO CONSTELLATIONS
6.7.2
AIRBUS DEFENCE AND SPACE – ENABLING MISSION-CRITICAL SATELLITE SYSTEMS ACROSS CIVIL AND DEFENSE DOMAINS
6.7.3
MAXAR TECHNOLOGIES – CONVERTING SATELLITE DATA INTO ACTIONABLE GEOSPATIAL INTELLIGENCE
7
CUSTOMER LANDSCAPE & BUYER BEHAVIOR
Decode satellite market dynamics: stakeholder influence and criteria shape customer buying decisions.
78
7.1
DECISION-MAKING PROCESS
7.2
BUYER STAKEHOLDERS AND BUYING EVALUATION CRITERIA
7.2.1
KEY STAKEHOLDERS IN BUYING PROCESS
7.2.2
BUYING CRITERIA
7.3
ADOPTION BARRIERS & INTERNAL CHALLENGES
8
SUSTAINABILITY AND REGULATORY LANDSCAPE
Navigate global sustainability regulations and compliance for strategic advantage across diverse markets.
82
8.1
REGIONAL REGULATIONS AND COMPLIANCE
8.1.1
TARIFF DATA
8.1.2
REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
8.2
REGULATORY FRAMEWORK
8.2.1
NORTH AMERICA
8.2.2
EUROPE
8.2.3
ASIA PACIFIC
8.2.4
MIDDLE EAST
8.2.5
LATIN AMERICA AND AFRICA
8.2.6
INDUSTRY STANDARDS
8.3
SUSTAINABILITY INITIATIVES
8.4
SUSTAINABILITY IMPACT AND REGULATORY POLICY INITIATIVES
8.5
CERTIFICATIONS, LABELING, AND ECO-STANDARDS
9
SATELLITES MARKET, BY SATELLITE MASS
Market Size & Growth Rate Forecast Analysis to 2031 in USD Million | 2 Data Tables
90
9.1
INTRODUCTION
9.2
ORBIT-LEVEL DEPLOYMENT OF SATELLITES BASED ON MASS CATEGORY
9.2.1
LOW EARTH ORBIT (LEO) (160–2,000 KM): TOP USE CASES
9.2.2
MEDIUM EARTH ORBIT (MEO) (2,000–35,786 KM): TOP USE CASES
9.2.3
GEOSTATIONARY ORBIT (GEO) (35,786 KM): TOP USE CASES
9.3
SMALL SATELLITES (1–1200 KG)
9.3.1
ADVANCEMENTS IN MINIATURIZATION OF ELECTRONICS TO DRIVE MARKET
9.3.2
NANOSATELLITE (1–10 KG)
9.3.3
MICROSATELLITE (11–100 KG)
9.3.4
MINISATELLITE (101–1200 KG)
9.4
MEDIUM SATELLITES (1201–2000 KG)
9.4.1
NEED FOR TECHNOLOGICAL ADVANCEMENTS TO DRIVE MARKET
9.5
LARGE SATELLITES (ABOVE 2000 KG)
9.5.1
DEMAND FOR HIGH-CAPACITY TELECOMMUNICATION AND BROADBAND SERVICES TO DRIVE MARKET
10
SATELLITES MARKET, BY SUBSYSTEM
Market Size & Growth Rate Forecast Analysis to 2031 in USD Million | 28 Data Tables
96
10.1
INTRODUCTION
10.2
SATELLITE BUS CONFIGURATION OF LOW-COMPLEXITY AND HIGH-CAPABILITY PLATFORMS
10.2.1
LOW-COMPLEXITY BUS CONFIGURATIONS (NON-PROPULSION, BASIC ADCS, FIXED ANTENNAS): TOP USE CASES
10.2.2
HIGH-CAPABILITY BUS CONFIGURATIONS (PROPULSION-EQUIPPED, HIGH-POWER, PRECISE ADCS): TOP USE CASES
10.3
SATELLITE BUS
10.3.1
FOCUS ON ENHANCING SATELLITE PERFORMANCE TO DRIVE MARKET
10.3.2
ATTITUDE AND ORBITAL CONTROL SYSTEMS
10.3.2.1
SENSORS
10.3.2.1.1
SUN SENSORS
10.3.2.1.2
MAGNETOMETERS
10.3.2.2
REACTION WHEELS
10.3.2.3
ACTUATORS
10.3.2.4
CONTROL ELECTRONICS
10.3.3
COMMAND AND DATA HANDLING SYSTEMS
10.3.3.1
ONBOARD COMPUTER
10.3.3.2
PROCESSOR
10.3.3.3
MICROCONTROLLER
10.3.3.4
MEMORY
10.3.3.5
SOLID STATE RECORDER
10.3.3.6
ROUTER
10.3.3.7
ON-BOARD CHARGER (OBC) ADAPTOR
10.3.4
ELECTRICAL POWER SYSTEMS
10.3.4.1
POWER MANAGEMENT DEVICE
10.3.4.2
POWER CONVERTER
10.3.4.3
BATTERY
10.3.4.3.1
PRIMARY BATTERY
10.3.4.3.2
SECONDARY BATTERY
10.3.5
PROPULSION SYSTEMS
10.3.5.1
THRUSTERS
10.3.5.2
PROPELLANT TANK
10.3.5.3
PROPELLANT FEED PLUMBING
10.3.6
TELEMETRY, TRACKING, AND COMMAND SYSTEMS
10.3.6.1
TRANSMITTER
10.3.6.2
RECEIVER
10.3.6.3
MODEM/BASEBAND UNIT
10.3.7
STRUCTURES
10.3.8
THERMAL SYSTEMS
10.3.8.1
TEMPERATURE SENSORS
10.3.8.2
HEATERS
10.3.8.3
THERMOSTATS
10.3.8.4
INSULATION
10.4
PAYLOADS
10.4.1
PAYLOADS DRIVE SATELLITES’ DESIGN AND SUBSYSTEMS
10.4.2
TRADITIONAL PAYLOADS
10.4.3
SOFTWARE-DEFINED PAYLOADS
10.5
SOLAR PANELS
10.5.1
NEED FOR ENHANCED EFFICIENCY WITH PHOTOVOLTAIC CELL MATERIALS TO DRIVE MARKET
10.6
SATELLITE ANTENNAS
10.6.1
ABILITY OF SATELLITE ANTENNAS TO OPERATE IN DIFFERENT FREQUENCIES TO DRIVE DEMAND
10.6.2
WIRE ANTENNAS
10.6.2.1
MONOPOLE ANTENNA
10.6.2.2
DIPOLE ANTENNA
10.6.3
HORN ANTENNAS
10.6.4
ARRAY ANTENNAS
10.6.5
REFLECTOR ANTENNAS
10.6.5.1
PARABOLIC REFLECTOR
10.6.5.2
DOUBLE REFLECTOR
10.7
OTHER SYSTEMS
11
SATELLITES MARKET, BY APPLICATION
Market Size & Growth Rate Forecast Analysis to 2031 in USD Million | 2 Data Tables
114
11.1
INTRODUCTION
11.2
PAYLOAD TECHNOLOGY USED ACROSS SATELLITE APPLICATIONS
11.2.1
SENSING AND IMAGING PAYLOADS (OPTICAL, IR, MULTISPECTRAL, HYPERSPECTRAL, SAR, LIDAR): TOP USE CASES
11.2.2
COMMUNICATION PAYLOADS (RF/OPTICAL TRANSPONDERS, IOT/M2M, DATA RELAY, AIS/ADS-B): TOP USE CASES
11.2.3
SCIENTIFIC AND MISSION-SUPPORT PAYLOADS (ATMOSPHERIC SENSORS, GNSS-R, PARTICLE DETECTORS, TECH-DEMO PAYLOADS): TOP USE CASES
11.3
COMMUNICATION SATELLITES
11.3.1
GROWING DEMAND FOR GLOBAL CONNECTIVITY AND RESILIENT COMMUNICATION INFRASTRUCTURE TO DRIVE MARKET
11.4
NAVIGATION SATELLITES
11.4.1
DEPENDENCE OF CRITICAL INFRASTRUCTURE AND MILITARY OPERATIONS ON PRECISE PNT SERVICES TO DRIVE MARKET
11.5
EARTH OBSERVATION SATELLITES
11.5.1
RISING NEED FOR REAL-TIME INTELLIGENCE AND DATA-DRIVEN ENVIRONMENTAL MONITORING TO DRIVE MARKET
11.6
OTHERS
12
SATELLITES MARKET, BY CUSTOMER TYPE
Market Size & Growth Rate Forecast Analysis to 2031 in USD Million | 2 Data Tables
119
12.1
INTRODUCTION
12.2
REGION-WISE GOVERNMENT AND PRIVATE SATELLITE LAUNCH PROGRAMS
12.2.1
GOVERNMENT PROGRAMS: TOP USE CASES
12.2.2
PRIVATE PROGRAMS: TOP USE CASES
12.3
COMMERCIAL
12.3.1
SATELLITE OPERATORS/OWNERS
12.3.1.1
RAPID DEPLOYMENT OF SATELLITE CONSTELLATIONS TO DRIVE MARKET
12.3.2
MEDIA & ENTERTAINMENT COMPANIES
12.3.2.1
HIGH DEMAND FOR FAST BROADBAND CONNECTIVITY FROM STREAMING PLATFORMS TO DRIVE MARKET
12.3.3
ENERGY SERVICE PROVIDERS
12.3.3.1
INTEGRATION OF SATELLITE TECHNOLOGY TO ENHANCE ENERGY-RELATED OPERATIONS AND SERVICES TO DRIVE MARKET
12.3.4
SCIENTIFIC RESEARCH & DEVELOPMENT ORGANIZATIONS
12.3.4.1
UNTAPPED POTENTIAL IN SPACE RESEARCH TO DRIVE MARKET
12.3.5
OTHERS
12.4
GOVERNMENT & CIVIL
12.4.1
NATIONAL SPACE AGENCIES
12.4.1.1
NEED FOR COST-EFFECTIVE SPACE EXPLORATION SOLUTIONS TO DRIVE MARKET
12.4.2
SEARCH & RESCUE ENTITIES
12.4.2.1
NEED FOR SWIFT AND ACCURATE DATA IN EMERGENCIES TO DRIVE MARKET
12.4.3
ACADEMIC & RESEARCH INSTITUTIONS
12.4.3.1
ACTIVE PARTICIPATION IN SATELLITE DEVELOPMENT TO DRIVE MARKET
12.4.4
NATIONAL MAPPING & TOPOGRAPHIC AGENCIES
12.4.4.1
EMPHASIS ON IMPROVING NAVIGATION AND TRACKING CAPABILITIES TO DRIVE MARKET
12.5
DEFENSE
12.5.1
RESILIENT AND MISSION-CRITICAL SPACE ARCHITECTURES TO DRIVE MARKET
13
SATELLITES MARKET, BY FREQUENCY
Market Size & Growth Rate Forecast Analysis to 2031 in USD Million | 2 Data Tables
125
13.1
INTRODUCTION
13.2
SATELLITE THROUGHPUT CATEGORIES ACROSS DIFFERENT FREQUENCY BANDS
13.2.1
LOW THROUGHPUT SATELLITES (1 KBPS–50 MBPS): TOP USE CASES
13.2.2
HIGH THROUGHPUT SATELLITES (50 MBPS–100+ GBPS): TOP USE CASES
13.3
L-BAND
13.3.1
NEED FOR EFFECTIVE SATELLITE COMMUNICATION AND GPS SERVICES TO BOOST GROWTH
13.4
S-BAND
13.4.1
INCREASING SCIENTIFIC MISSIONS TO DRIVE DEMAND FOR S-BAND SATELLITES
13.5
C-BAND
13.5.1
ESCALATING DEMAND FOR STEADY COMMUNICATIONS SERVICES FROM DEVELOPING REGIONS TO DRIVE MARKET
13.6
X-BAND
13.6.1
RISING GEOPOLITICAL TENSIONS TO DRIVE MARKET
13.7
KU-K BAND
13.7.1
GROWING INTERNET PENETRATION IN SATELLITES TO DRIVE MARKET
13.8
KA-BAND
13.8.1
NEED FOR BACKHAUL SOLUTIONS WITH EXPANSION OF 5G TO DRIVE MARKET
13.9
Q/V/E-BAND
13.9.1
ELEVATED DEMAND FOR ULTRA-HIGH-SPEED DATA SERVICES TO DRIVE MARKET
13.10
HF/VHF/UHF-BAND
13.10.1
NEED FOR WIDE-RANGE COVERAGE TO DRIVE MARKET
13.11
LASER/OPTICAL BAND
13.11.1
DEVELOPMENT OF LASER COMMUNICATION TECHNOLOGY BY PROMINENT COMPANIES TO DRIVE MARKET
14
SATELLITES MARKET, BY PROPULSION TECHNOLOGY
Market Size & Growth Rate Forecast Analysis to 2031 in USD Million | 2 Data Tables
132
14.1
INTRODUCTION
14.2
HIGH-THRUST PROPULSION SYSTEMS (100–2,000 N): TOP USE CASES
14.2.1
LOW-THRUST PROPULSION SYSTEMS (MICRO-NEWTON TO < 100 N): TOP USE CASES
14.3
CHEMICAL
14.3.1
FOCUS ON FAST ORBIT INSERTION AND COLLISION AVOIDANCE TO DRIVE MARKET
14.3.1.1
SOLID
14.3.1.2
LIQUID
14.3.1.3
HYBRID
14.4
ELECTRIC
14.4.1
EFFICIENCY OF ELECTRIC PROPULSION TO DRIVE CONSTELLATION-SCALE DEPLOYMENT OF SATELLITES
14.4.1.1
ELECTROSTATIC
14.4.1.2
ELECTROTHERMAL
14.4.1.3
ELECTROMAGNETIC
14.5
OTHER TECHNOLOGIES
14.5.1
SOLAR SAIL
14.5.2
COLD GAS/WARM GAS
15
SATELLITES MARKET, BY REGION
Comprehensive coverage of 9 Regions with country-level deep-dive of 14 Countries | 132 Data Tables.
138
15.1
INTRODUCTION
15.2
NORTH AMERICA
15.2.1
US
15.2.1.1
INTEGRATION OF NATIONAL SECURITY OBJECTIVES WITH COMMERCIAL SPACE CAPABILITIES TO DRIVE MARKET
15.2.2
CANADA
15.2.2.1
SOVEREIGN EARTH OBSERVATION NEEDS AND CLIMATE-DRIVEN POLICY MANDATES TO DRIVE MARKET
15.3
ASIA PACIFIC
15.3.1
CHINA
15.3.1.1
STATE-LED EXPANSION OF SATELLITE CONSTELLATIONS TO DRIVE MARKET
15.3.2
INDIA
15.3.2.1
DEMAND FOR DIGITAL CONNECTIVITY, EARTH OBSERVATION, NAVIGATION AUGMENTATION, AND DEFENSE SURVEILLANCE TO DRIVE MARKET
15.3.3
JAPAN
15.3.3.1
EMPHASIS ON EARTH OBSERVATION, NAVIGATION AUGMENTATION, AND DEFENSE-RELATED SATELLITE SYSTEMS TO DRIVE MARKET
15.3.4
SOUTH KOREA
15.3.4.1
GOVERNMENT FUNDING FOR SATELLITE DEVELOPMENT TO DRIVE MARKET
15.3.5
AUSTRALIA
15.3.5.1
GOVERNMENT MEASURES TO DEVELOP DOMESTIC SPACE INDUSTRY TO DRIVE MARKET
15.4
EUROPE
15.4.1
RUSSIA
15.4.1.1
NATIONAL SECURITY DEPENDENCE ON SOVEREIGN SPACE INFRASTRUCTURE TO DRIVE MARKET
15.4.2
UK
15.4.2.1
COMMERCIAL SATELLITE SERVICES ALIGNED WITH NATIONAL RESILIENCE OBJECTIVES TO DRIVE MARKET
15.4.3
GERMANY
15.4.3.1
EMPHASIS ON TECHNOLOGICAL INNOVATION AND ADVANCED ENGINEERING TO DRIVE MARKET
15.4.4
FRANCE
15.4.4.1
DEFENSE-LED SATELLITE MODERNIZATION AND SUSTAINED INSTITUTIONAL FUNDING TO DRIVE MARKET
15.4.5
ITALY
15.4.5.1
TARGETED INVESTMENTS IN APPLICATION-SPECIFIC MISSIONS TO DRIVE MARKET
15.5
MIDDLE EAST
15.5.1
UAE
15.5.1.1
NATIONAL TECHNOLOGY LEADERSHIP AND SOVEREIGN SPACE CAPABILITY TO DRIVE MARKET
15.5.2
SAUDI ARABIA
15.5.2.1
GROWING INVESTMENTS IN SATELLITE INFRASTRUCTURE TO DRIVE MARKET
15.5.3
REST OF MIDDLE EAST
15.6
REST OF THE WORLD (ROW)
15.6.1
LATIN AMERICA
15.6.1.1
USE OF SATELLITES FOR MONITORING AND MANAGEMENT TO DRIVE MARKET
15.6.2
AFRICA
15.6.2.1
DEVELOPMENT-DRIVEN DEMAND FOR DATA, CONNECTIVITY, AND CAPACITY BUILDING TO DRIVE MARKET
16
COMPETITIVE LANDSCAPE
Uncover key players' strategies and market dominance shaping the competitive landscape through 2025.
182
16.1
INTRODUCTION
16.2
KEY PLAYER STRATEGIES/RIGHT TO WIN
16.3
REVENUE ANALYSIS, 2021–2024
16.4
MARKET SHARE ANALYSIS, 2024
16.5
COMPANY EVALUATION MATRIX: KEY PLAYERS, 2025
16.5.1
STARS
16.5.2
EMERGING LEADERS
16.5.3
PERVASIVE PLAYERS
16.5.4
PARTICIPANTS
16.5.5
COMPANY FOOTPRINT: KEY PLAYERS, 2025
16.6
COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2025
16.6.1
PROGRESSIVE COMPANIES
16.6.2
RESPONSIVE COMPANIES
16.6.3
DYNAMIC COMPANIES
16.6.4
STARTING BLOCKS
16.6.5
COMPETITIVE BENCHMARKING
16.7
COMPANY VALUATION AND FINANCIAL METRICS
16.8
BRAND/PRODUCT COMPARISON
16.9
COMPETITIVE SCENARIO
16.9.1
PRODUCT LAUNCHES
16.9.2
DEALS
16.9.3
OTHER DEVELOPMENTS
17
COMPANY PROFILES
In-depth Company Profiles of Leading Market Players with detailed Business Overview, Product and Service Portfolio, Recent Developments, and Unique Analyst Perspective (MnM View)
222
17.1
KEY PLAYERS
17.1.1
SPACEX
17.1.1.1
BUSINESS OVERVIEW
17.1.1.2
PRODUCTS/SOLUTIONS/SERVICES OFFERED
17.1.1.3
RECENT DEVELOPMENTS
17.1.1.3.1
DEALS
17.1.1.3.2
OTHER DEVELOPMENTS
17.1.1.4
MNM VIEW
17.1.1.4.1
RIGHT TO WIN
17.1.1.4.2
STRATEGIC CHOICES
17.1.1.4.3
WEAKNESSES & COMPETITIVE THREATS
17.1.2
LOCKHEED MARTIN CORPORATION
17.1.3
AIRBUS
17.1.4
NORTHROP GRUMMAN
17.1.5
THALES ALENIA SPACE
17.1.6
L3HARRIS TECHNOLOGIES, INC.
17.1.7
MDA SPACE
17.1.8
PLANET LABS PBC
17.1.9
SNC
17.1.10
LANTERIS SPACE SYSTEMS
17.1.11
MITSUBISHI ELECTRIC CORPORATION
17.1.12
RTX
17.1.13
OHB SE
17.1.14
BOEING
17.1.15
YORK SPACE SYSTEMS
17.1.16
SURREY SATELLITE TECHNOLOGY LTD.
17.2
OTHER PLAYERS
17.2.1
AEROSPACELAB
17.2.2
ENDUROSAT
17.2.3
NANOAVIONICS
17.2.4
ASTRANIS
17.2.5
ICEYE
17.2.6
PIXXEL
17.2.7
FLEET SPACE TECHNOLOGIES PTY LTD
17.2.8
AMAZON LEO
17.2.9
ALÉN SPACE
17.2.10
SKYKRAFT PTY LTD
17.2.11
ARGOTEC S.R.L.
18
RESEARCH METHODOLOGY
306
18.1
RESEARCH DATA
18.1.1
SECONDARY DATA
18.1.1.1
KEY DATA FROM SECONDARY SOURCES
18.1.2
PRIMARY DATA
18.1.2.1
PRIMARY SOURCES
18.1.2.2
KEY DATA FROM PRIMARY SOURCES
18.1.2.3
BREAKDOWN OF PRIMARY INTERVIEWS
18.2
FACTOR ANALYSIS
18.2.1
INTRODUCTION
18.2.2
DEMAND-SIDE INDICATORS
18.2.3
SUPPLY-SIDE INDICATORS
18.3
MARKET SIZE ESTIMATION
18.3.1
BOTTOM-UP APPROACH
18.3.1.1
MARKET SIZE ESTIMATION METHODOLOGY (DEMAND SIDE)
18.3.2
TOP-DOWN APPROACH
18.4
DATA TRIANGULATION
18.5
RESEARCH ASSUMPTIONS
18.6
RESEARCH LIMITATIONS
18.7
RISK ASSESSMENT
19
APPENDIX
316
19.1
DISCUSSION GUIDE
19.2
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
19.3
CUSTOMIZATION OPTIONS
19.4
RELATED REPORTS
19.5
AUTHOR DETAILS
LIST OF TABLES
TABLE 1
USD EXCHANGE RATES, 2021–2024
TABLE 2
KEY UNMET NEEDS AND WHITE SPACES IN SATELLITES MARKET
TABLE 3
CROSS-SECTOR OPPORTUNITY MATRIX
TABLE 4
STRATEGIC MOVES BY TIER 1/2/3 PLAYERS
TABLE 5
SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 6
GDP PERCENTAGE CHANGE, BY KEY COUNTRY, 2021–2029
TABLE 7
ROLE OF COMPANIES IN ECOSYSTEM
TABLE 8
TOTAL COST OF OWNERSHIP: SMALL VS. MEDIUM VS. LARGE SATELLITES
TABLE 9
AVERAGE TOTAL COST OF OWNERSHIP FOR SATELLITES, BY SATELLITE MASS (USD MILLION)
TABLE 10
BILL OF MATERIALS ANALYSIS FOR SATELLITES
TABLE 11
COMPARISON OF BILL OF MATERIALS FOR SATELLITES
TABLE 12
IMPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)
TABLE 13
EXPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)
TABLE 14
KEY CONFERENCES & EVENTS, 2026
TABLE 15
AVERAGE SELLING PRICE TREND, BY REGION, 2021–2024 (USD MILLION)
TABLE 16
INDICATIVE PRICING, BY SATELLITE MASS, 2024 (USD MILLION)
TABLE 17
VIASAT (US) DEPLOYED HIGH-CAPACITY GEOSTATIONARY COMMUNICATION SATELLITES DESIGNED FOR BROADBAND-INTENSIVE APPLICATIONS
TABLE 18
MAXAR TECHNOLOGIES (US) OPERATED FLEET OF HIGH-RESOLUTION EARTH OBSERVATION SATELLITES CAPABLE OF CAPTURING DETAILED IMAGERY WITH FREQUENT REVISIT RATES
TABLE 19
US SPACE FORCE’S GPS DEPLOYED CONSTELLATION OF NAVIGATION SATELLITES, PROVIDING CONTINUOUS GLOBAL COVERAGE
TABLE 20
LIST OF MAJOR PATENTS FOR SATELLITES, 2024-2025
TABLE 21
GLOBAL BROADBAND AND DIRECT-TO-DEVICE CONNECTIVITY
TABLE 22
PERSISTENT EARTH OBSERVATION AND REAL-TIME INTELLIGENCE
TABLE 23
SPACE-BASED NAVIGATION, TIMING, AND RESILIENCE SERVICES
TABLE 24
TOP USE CASES AND MARKET POTENTIAL
TABLE 25
BEST PRACTICES: COMPANIES IMPLEMENTING USE CASES
TABLE 26
SATELLITES MARKET: CASE STUDIES RELATED TO GENERATIVE AI IMPLEMENTATION
TABLE 27
INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS
TABLE 28
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SATELLITES, BY CUSTOMER TYPE (%)
TABLE 29
KEY BUYING CRITERIA FOR SATELLITES MARKET, BY CUSTOMER TYPE
TABLE 30
NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 31
EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 32
ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 33
MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 34
REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 35
CERTIFICATIONS, LABELING, AND ECO-STANDARDS IN SATELLITES MARKET
TABLE 36
SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 37
SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (USD MILLION)
TABLE 38
SATELLITES MARKET, BY SUBSYSTEM, 2021–2024 (USD MILLION)
TABLE 39
SATELLITES MARKET, BY SUBSYSTEM, 2025–2031 (USD MILLION)
TABLE 40
SATELLITES MARKET, BY SATELLITE BUS, 2021–2024 (USD MILLION)
TABLE 41
SATELLITES MARKET, BY SATELLITE BUS, 2025–2031 (USD MILLION)
TABLE 42
SATELLITES MARKET, BY ATTITUDE AND ORBITAL CONTROL SYSTEM, 2021–2024 (USD MILLION)
TABLE 43
SATELLITES MARKET, BY ATTITUDE AND ORBITAL CONTROL SYSTEM, 2025–2031 (USD MILLION)
TABLE 44
SATELLITES MARKET, BY SENSOR, 2021–2024 (USD MILLION)
TABLE 45
SATELLITES MARKET, BY SENSOR, 2025–2031 (USD MILLION)
TABLE 46
SATELLITES MARKET, BY COMMAND AND DATA HANDLING SYSTEM, 2021–2024 (USD MILLION)
TABLE 47
SATELLITES MARKET, BY COMMAND AND DATA HANDLING SYSTEM, 2025–2031 (USD MILLION)
TABLE 48
SATELLITES MARKET, BY ELECTRICAL POWER SYSTEM, 2021–2024 (USD MILLION)
TABLE 49
SATELLITES MARKET, BY ELECTRICAL POWER SYSTEM, 2025–2031 (USD MILLION)
TABLE 50
SATELLITES MARKET, BY BATTERY, 2021–2024 (USD MILLION)
TABLE 51
SATELLITES MARKET, BY BATTERY, 2025–2031 (USD MILLION)
TABLE 52
SATELLITES MARKET, BY PROPULSION SYSTEM, 2021–2024 (USD MILLION)
TABLE 53
SATELLITES MARKET, BY PROPULSION SYSTEM, 2025–2031 (USD MILLION)
TABLE 54
SATELLITES MARKET, BY TELEMETRY, TRACKING, AND COMMAND SYSTEM, 2021–2024 (USD MILLION)
TABLE 55
SATELLITES MARKET, BY TELEMETRY, TRACKING, AND COMMAND SYSTEM, 2025–2031 (USD MILLION)
TABLE 56
SATELLITES MARKET, BY THERMAL SYSTEM, 2021–2024 (USD MILLION)
TABLE 57
SATELLITES MARKET, BY THERMAL SYSTEM, 2025–2031 (USD MILLION)
TABLE 58
SATELLITES MARKET, BY PAYLOAD, 2021–2024 (USD MILLION)
TABLE 59
SATELLITES MARKET, BY PAYLOAD, 2025–2031 (USD MILLION)
TABLE 60
SATELLITES MARKET, BY SATELLITE ANTENNA, 2021–2024 (USD MILLION)
TABLE 61
SATELLITES MARKET, BY SATELLITE ANTENNA, 2025–2031 (USD MILLION)
TABLE 62
SATELLITES MARKET, BY WIRE ANTENNA, 2021–2024 (USD MILLION)
TABLE 63
SATELLITES MARKET, BY WIRE ANTENNA, 2025–2031 (USD MILLION)
TABLE 64
SATELLITES MARKET, BY REFLECTOR ANTENNA, 2021–2024 (USD MILLION)
TABLE 65
SATELLITES MARKET, BY REFLECTOR ANTENNA, 2025–2031 (USD MILLION)
TABLE 66
SATELLITES MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
TABLE 67
SATELLITES MARKET, BY APPLICATION, 2025–2031 (USD MILLION)
TABLE 68
SATELLITES MARKET, BY CUSTOMER TYPE, 2021–2024 (USD MILLION)
TABLE 69
SATELLITES MARKET, BY CUSTOMER TYPE, 2025–2031 (USD MILLION)
TABLE 70
SATELLITES MARKET, BY FREQUENCY, 2021–2024 (USD MILLION)
TABLE 71
SATELLITES MARKET, BY FREQUENCY, 2025–2031 (USD MILLION)
TABLE 72
SATELLITES MARKET, BY PROPULSION TECHNOLOGY, 2021–2024 (USD MILLION)
TABLE 73
SATELLITES MARKET, BY PROPULSION TECHNOLOGY, 2025–2031 (USD MILLION)
TABLE 74
SATELLITES MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 75
SATELLITES MARKET, BY REGION, 2025–2031 (USD MILLION)
TABLE 76
SATELLITES MARKET, BY REGION, 2021–2024 (UNITS)
TABLE 77
SATELLITES MARKET, BY REGION, 2025–2031 (UNITS)
TABLE 78
NORTH AMERICA: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 79
NORTH AMERICA: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (USD MILLION)
TABLE 80
NORTH AMERICA: SATELLITES MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
TABLE 81
NORTH AMERICA: SATELLITES MARKET, BY APPLICATION, 2025–2031 (USD MILLION)
TABLE 82
NORTH AMERICA: SATELLITES MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
TABLE 83
NORTH AMERICA: SATELLITES MARKET, BY COUNTRY, 2025–2031 (USD MILLION)
TABLE 84
NORTH AMERICA: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 85
NORTH AMERICA: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 86
NORTH AMERICA: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 87
NORTH AMERICA: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 88
NORTH AMERICA: SATELLITES MARKET, BY COUNTRY, 2021–2024 (UNITS)
TABLE 89
NORTH AMERICA: SATELLITES MARKET, BY COUNTRY, 2025–2031 (UNITS)
TABLE 90
US: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 91
US: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 92
US: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 93
US: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 94
CANADA: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 95
CANADA: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 96
CANADA: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 97
CANADA: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 98
ASIA PACIFIC: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 99
ASIA PACIFIC: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (USD MILLION)
TABLE 100
ASIA PACIFIC: SATELLITES MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
TABLE 101
ASIA PACIFIC: SATELLITES MARKET, BY APPLICATION, 2025–2031 (USD MILLION)
TABLE 102
ASIA PACIFIC: SATELLITES MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
TABLE 103
ASIA PACIFIC: SATELLITES MARKET, BY COUNTRY, 2025–2031 (USD MILLION)
TABLE 104
ASIA PACIFIC: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 105
ASIA PACIFIC: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 106
ASIA PACIFIC: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 107
ASIA PACIFIC: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 108
ASIA PACIFIC: SATELLITES MARKET, BY COUNTRY, 2021–2024 (UNITS)
TABLE 109
ASIA PACIFIC: SATELLITES MARKET, BY COUNTRY, 2025–2031 (UNITS)
TABLE 110
CHINA: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 111
CHINA: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 112
CHINA: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 113
CHINA: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 114
INDIA: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 115
INDIA: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 116
INDIA: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 117
INDIA: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 118
JAPAN: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 119
JAPAN: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 120
JAPAN: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 121
JAPAN: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 122
SOUTH KOREA: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 123
SOUTH KOREA: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 124
SOUTH KOREA: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 125
SOUTH KOREA: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 126
AUSTRALIA: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 127
AUSTRALIA: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 128
AUSTRALIA: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 129
AUSTRALIA: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 130
EUROPE: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 131
EUROPE: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (USD MILLION)
TABLE 132
EUROPE: SATELLITES MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
TABLE 133
EUROPE: SATELLITES MARKET, BY APPLICATION, 2025–2031 (USD MILLION)
TABLE 134
EUROPE: SATELLITES MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
TABLE 135
EUROPE: SATELLITES MARKET, BY COUNTRY, 2025–2031 (USD MILLION)
TABLE 136
EUROPE: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 137
EUROPE: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 138
EUROPE: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 139
EUROPE: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 140
EUROPE: SATELLITES MARKET, BY COUNTRY, 2021–2024 (UNITS)
TABLE 141
EUROPE: SATELLITES MARKET, BY COUNTRY, 2025–2031 (UNITS)
TABLE 142
RUSSIA: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 143
RUSSIA: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 144
RUSSIA: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 145
RUSSIA: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 146
UK: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 147
UK: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 148
UK: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 149
UK: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 150
GERMANY: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 151
GERMANY: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 152
GERMANY: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 153
GERMANY: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 154
FRANCE: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 155
FRANCE: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 156
FRANCE: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 157
FRANCE: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 158
ITALY: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 159
ITALY: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 160
ITALY: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 161
ITALY: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 162
MIDDLE EAST: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 163
MIDDLE EAST: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (USD MILLION)
TABLE 164
MIDDLE EAST: SATELLITES MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
TABLE 165
MIDDLE EAST: SATELLITES MARKET, BY APPLICATION, 2025–2031 (USD MILLION)
TABLE 166
MIDDLE EAST: SATELLITES MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
TABLE 167
MIDDLE EAST: SATELLITES MARKET, BY COUNTRY, 2025–2031 (USD MILLION)
TABLE 168
MIDDLE EAST: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 169
MIDDLE EAST: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 170
MIDDLE EAST: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 171
MIDDLE EAST: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 172
MIDDLE EAST: SATELLITES MARKET, BY COUNTRY, 2021–2024 (UNITS)
TABLE 173
MIDDLE EAST: SATELLITES MARKET, BY COUNTRY, 2025–2031 (UNITS)
TABLE 174
UAE: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 175
UAE: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 176
UAE: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 177
UAE: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 178
SAUDI ARABIA: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 179
SAUDI ARABIA: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 180
SAUDI ARABIA: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 181
SAUDI ARABIA: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 182
REST OF MIDDLE EAST: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 183
REST OF MIDDLE EAST: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 184
REST OF MIDDLE EAST: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 185
REST OF MIDDLE EAST: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 186
REST OF THE WORLD: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 187
REST OF THE WORLD: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (USD MILLION)
TABLE 188
REST OF THE WORLD: SATELLITES MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
TABLE 189
REST OF THE WORLD: SATELLITES MARKET, BY APPLICATION, 2025–2031 (USD MILLION)
TABLE 190
REST OF THE WORLD: SATELLITES MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 191
REST OF THE WORLD: SATELLITES MARKET, BY REGION, 2025–2031 (USD MILLION)
TABLE 192
REST OF THE WORLD: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 193
REST OF THE WORLD: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 194
REST OF THE WORLD: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 195
REST OF THE WORLD: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 196
REST OF THE WORLD: SATELLITES MARKET, BY REGION, 2021–2024 (UNITS)
TABLE 197
REST OF THE WORLD: SATELLITES MARKET, BY REGION, 2025–2031 (UNITS)
TABLE 198
LATIN AMERICA: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 199
LATIN AMERICA: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 200
LATIN AMERICA: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 201
LATIN AMERICA: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 202
AFRICA: SATELLITES MARKET, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 203
AFRICA: SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (UNITS)
TABLE 204
AFRICA: SATELLITES MARKET, BY APPLICATION, 2021–2024 (UNITS)
TABLE 205
AFRICA: SATELLITES MARKET, BY APPLICATION, 2025–2031 (UNITS)
TABLE 206
KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025
TABLE 207
SATELLITES MARKET: DEGREE OF COMPETITION
TABLE 208
VOLUME BREAKDOWN OF SATELLITES LAUNCHED, 2024
TABLE 209
CUSTOMER TYPE FOOTPRINT
TABLE 210
APPLICATION FOOTPRINT
TABLE 211
SATELLITE MASS FOOTPRINT
TABLE 212
SUBSYSTEM FOOTPRINT
TABLE 213
FREQUENCY FOOTPRINT
TABLE 214
REGION FOOTPRINT
TABLE 215
LIST OF STARTUPS/SMES
TABLE 216
COMPETITIVE BENCHMARKING OF STARTUPS/SMES
TABLE 217
SATELLITES MARKET: PRODUCT LAUNCHES, JANUARY 2020– JANUARY 2026
TABLE 218
SATELLITES MARKET: DEALS, JANUARY 2020– JANUARY 2026
TABLE 219
SATELLITES MARKET: OTHER DEVELOPMENTS, JANUARY 2020– JANUARY 2026
TABLE 220
SPACEX: COMPANY OVERVIEW
TABLE 221
SPACEX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 222
SPACEX: DEALS
TABLE 223
SPACEX: OTHER DEVELOPMENTS
TABLE 224
LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW
TABLE 225
LOCKHEED MARTIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 226
LOCKHEED MARTIN CORPORATION: DEALS
TABLE 227
LOCKHEED MARTIN CORPORATION: OTHER DEVELOPMENTS
TABLE 228
AIRBUS: COMPANY OVERVIEW
TABLE 229
AIRBUS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 230
AIRBUS: PRODUCT LAUNCHES
TABLE 231
AIRBUS: DEALS
TABLE 232
AIRBUS: OTHER DEVELOPMENTS
TABLE 233
NORTHROP GRUMMAN: COMPANY OVERVIEW
TABLE 234
NORTHROP GRUMMAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 235
NORTHROP GRUMMAN: DEALS
TABLE 236
NORTHROP GRUMMAN: OTHER DEVELOPMENTS
TABLE 237
THALES ALENIA SPACE: COMPANY OVERVIEW
TABLE 238
THALES ALENIA SPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 239
THALES ALENIA SPACE: DEALS
TABLE 240
THALES ALENIA SPACE: OTHER DEVELOPMENTS
TABLE 241
L3HARRIS TECHNOLOGIES, INC.: COMPANY OVERVIEW
TABLE 242
L3HARRIS TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 243
L3HARRIS TECHNOLOGIES, INC.: DEALS
TABLE 244
L3HARRIS TECHNOLOGIES, INC.: OTHER DEVELOPMENTS
TABLE 245
MDA SPACE: COMPANY OVERVIEW
TABLE 246
MDA SPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 247
MDA SPACE: OTHER DEVELOPMENTS
TABLE 248
PLANET LABS PBC: COMPANY OVERVIEW
TABLE 249
PLANET LABS PBC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 250
PLANET LABS PBC: PRODUCT LAUNCHES
TABLE 251
PLANET LABS PBC: DEALS
TABLE 252
PLANET LABS PBC: OTHER DEVELOPMENTS
TABLE 253
SNC: COMPANY OVERVIEW
TABLE 254
SNC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 255
SNC: OTHER DEVELOPMENTS
TABLE 256
LANTERIS SPACE SYSTEMS: COMPANY OVERVIEW
TABLE 257
LANTERIS SPACE SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 258
LANTERIS SPACE SYSTEMS: DEALS
TABLE 259
LANTERIS SPACE SYSTEMS: OTHER DEVELOPMENTS
TABLE 260
MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW
TABLE 261
MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
TABLE 262
MITSUBISHI ELECTRIC CORPORATION: DEALS
TABLE 263
MITSUBISHI ELECTRIC CORPORATION: OTHER DEVELOPMENTS
TABLE 264
RTX: COMPANY OVERVIEW
TABLE 265
RTX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 266
RTX: OTHER DEVELOPMENTS
TABLE 267
OHB SE: COMPANY OVERVIEW
TABLE 268
OHB SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 269
OHB SE: DEALS
TABLE 270
OHB SE: OTHER DEVELOPMENTS
TABLE 271
BOEING: COMPANY OVERVIEW
TABLE 272
BOEING: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 273
BOEING: OTHER DEVELOPMENTS
TABLE 274
YORK SPACE SYSTEMS: COMPANY OVERVIEW
TABLE 275
YORK SPACE SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 276
YORK SPACE SYSTEMS: OTHER DEVELOPMENTS
TABLE 277
SURREY SATELLITE TECHNOLOGY LTD.: COMPANY OVERVIEW
TABLE 278
SURREY SATELLITE TECHNOLOGY LTD.: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
TABLE 279
SURREY SATELLITE TECHNOLOGY LTD.: PRODUCT LAUNCHES
TABLE 280
SURREY SATELLITE TECHNOLOGY LTD.: DEALS
TABLE 281
AEROSPACELAB: COMPANY OVERVIEW
TABLE 282
ENDUROSAT: COMPANY OVERVIEW
TABLE 283
NANOAVIONICS: COMPANY OVERVIEW
TABLE 284
ASTRANIS: COMPANY OVERVIEW
TABLE 285
ICEYE: COMPANY OVERVIEW
TABLE 286
PIXXEL: COMPANY OVERVIEW
TABLE 287
FLEET SPACE TECHNOLOGIES PTY LTD: COMPANY OVERVIEW
TABLE 288
AMAZON LEO: COMPANY OVERVIEW
TABLE 289
ALÉN SPACE: COMPANY OVERVIEW
TABLE 290
SKYKRAFT PTY LTD: COMPANY OVERVIEW
TABLE 291
ARGOTEC S.R.L.: COMPANY OVERVIEW
LIST OF FIGURES
FIGURE 1
MARKET SCENARIO
FIGURE 2
GLOBAL SATELLITES MARKET, 2021–2031
FIGURE 3
MAJOR STRATEGIES ADOPTED BY KEY PLAYERS IN SATELLITES MARKET
FIGURE 4
HIGH-GROWTH SEGMENTS IN SATELLITES MARKET
FIGURE 5
ASIA PACIFIC TO BE LARGEST REGIONAL MARKET DURING FORECAST PERIOD
FIGURE 6
NEED FOR HIGH-CAPACITY, SECURE, AND LOW-LATENCY SPACE-BASED DATA TRANSFER TO DRIVE SATELLITES MARKET
FIGURE 7
SMALL SATELLITES SEGMENT TO ACCOUNT FOR LARGEST SHARE BY 2031
FIGURE 8
COMMUNICATION SATELLITES SEGMENT TO EXHIBIT FASTEST GROWTH DURING FORECAST PERIOD
FIGURE 9
ELECTRIC SEGMENT ACCOUNTED FOR LARGEST SHARE IN 2025
FIGURE 10
SATELLITES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
FIGURE 11
VALUE CHAIN ANALYSIS
FIGURE 12
ECOSYSTEM ANALYSIS
FIGURE 13
BREAKDOWN OF TOTAL COST OF OWNERSHIP
FIGURE 14
OVERALL COST OF OWNERSHIP FOR DIFFERENT SATELLITE PLATFORMS
FIGURE 15
BILL OF MATERIALS FOR LARGE SATELLITES
FIGURE 16
BILL OF MATERIALS FOR MEDIUM SATELLITES
FIGURE 17
BILL OF MATERIALS FOR SMALL SATELLITES
FIGURE 18
IMPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)
FIGURE 19
EXPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)
FIGURE 20
TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 21
INVESTMENT & FUNDING SCENARIO, 2021–2025
FIGURE 22
AVERAGE SELLING PRICE TREND, BY REGION, 2021–2024 (USD MILLION)
FIGURE 23
INDICATIVE PRICING, BY SATELLITE MASS, 2024 (USD MILLION)
FIGURE 24
TECHNOLOGY ROADMAP (2020-2035)
FIGURE 25
EMERGING TECHNOLOGY TRENDS
FIGURE 26
PATENT ANALYSIS, 2015-2025
FIGURE 27
FUTURE APPLICATIONS
FIGURE 28
SATELLITES MARKET: IMPACT OF AI/GENERATIVE AI
FIGURE 29
SATELLITES MARKET: DECISION-MAKING FACTORS
FIGURE 30
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY CUSTOMER TYPE
FIGURE 31
KEY BUYING CRITERIA FOR SATELLITES, BY CUSTOMER TYPE
FIGURE 32
ADOPTION BARRIERS & INTERNAL CHALLENGES
FIGURE 33
SATELLITES MARKET, BY SATELLITE MASS, 2025–2031 (USD MILLION)
FIGURE 34
SATELLITES MARKET, BY SUBSYSTEM, 2025–2031 (USD MILLION)
FIGURE 35
SATELLITES MARKET, BY APPLICATION, 2025–2031 (USD MILLION)
FIGURE 36
SATELLITES MARKET, BY CUSTOMER TYPE, 2025–2031 (USD MILLION)
FIGURE 37
SATELLITES MARKET, BY FREQUENCY, 2025–2031 (USD MILLION)
FIGURE 38
SATELLITES MARKET, BY PROPULSION TECHNOLOGY, 2025–2031 (USD MILLION)
FIGURE 39
SATELLITES MARKET, BY REGION, 2025–2031
FIGURE 40
NORTH AMERICA: SATELLITES MARKET SNAPSHOT
FIGURE 41
ASIA PACIFIC: SATELLITES MARKET SNAPSHOT
FIGURE 42
EUROPE: SATELLITES MARKET SNAPSHOT
FIGURE 43
MIDDLE EAST: SATELLITES MARKET SNAPSHOT
FIGURE 44
REST OF THE WORLD: SATELLITES MARKET SNAPSHOT
FIGURE 45
REVENUE ANALYSIS OF TOP FOUR PLAYERS, 2021–2024 (USD MILLION)
FIGURE 46
MARKET SHARE ANALYSIS OF KEY PLAYERS, 2024
FIGURE 47
VOLUME ANALYSIS OF SATELLITES LAUNCHED, 2024
FIGURE 48
SATELLITES MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2025
FIGURE 49
COMPANY FOOTPRINT
FIGURE 50
SATELLITES MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2025
FIGURE 51
COMPANY VALUATION, 2025
FIGURE 52
EV/EBITDA, 2025
FIGURE 53
BRAND/PRODUCT COMPARISON
FIGURE 54
LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT
FIGURE 55
AIRBUS: COMPANY SNAPSHOT
FIGURE 56
NORTHROP GRUMMAN: COMPANY SNAPSHOT
FIGURE 57
L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT
FIGURE 58
MDA SPACE: COMPANY SNAPSHOT
FIGURE 59
PLANET LABS PBC: COMPANY SNAPSHOT
FIGURE 60
MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
FIGURE 61
RTX: COMPANY SNAPSHOT
FIGURE 62
OHB SE: COMPANY SNAPSHOT
FIGURE 63
BOEING: COMPANY SNAPSHOT
FIGURE 64
RESEARCH DESIGN MODEL
FIGURE 65
RESEARCH DESIGN
FIGURE 66
BOTTOM-UP APPROACH
FIGURE 67
TOP-DOWN APPROACH
FIGURE 68
DATA TRIANGULATION
Methodology
The study involved four major activities in estimating the current size of the Satellites Market. Exhaustive secondary research was done to collect information on the satellites market, its adjacent markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Demand-side analysis was conducted to estimate the overall market size. After that, market breakdown and data triangulation procedures were employed to estimate the sizes of various segments and subsegments within the satellites market.
Secondary Research
During the secondary research process, various sources were consulted to identify and collect information for this study. The secondary sources included government sources, such as SIPRI; corporate filings, including annual reports, press releases, and investor presentations from companies; white papers, journals, and certified publications; and articles from recognized authors, directories, and databases.
Primary Research
Extensive primary research was conducted after acquiring information regarding the satellites market scenario through secondary research. Several primary interviews were conducted with market experts from the demand and supply sides across major countries of North America, Europe, Asia Pacific, the Middle East, and the Rest of the world. Primary data was collected through questionnaires, emails, and telephonic interviews.
The following is a breakdown of the primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
The top-down and bottom-up approaches were used to estimate and validate the size of the satellites market. The research methodology used to estimate the size of the market included the following details:
- Key players in the satellites market were identified through secondary research, and their market shares were determined through a combination of primary and secondary research. This included a study of the annual and financial reports of the top market players, as well as extensive interviews with leaders, including directors, engineers, marketing executives, and other key stakeholders of leading companies operating in the market.
- 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 on the satellites market. This data was consolidated, enhanced with detailed inputs, analyzed by MarketsandMarkets, and presented in this report.
Satellites Market Size: Bottom-up & Top-down Approaches
Data Triangulation
After determining the overall market size, the total market was divided into several segments and subsegments. The data triangulation and market breakdown procedures explained below were implemented, wherever applicable, to complete the overall market engineering process and arrive at the estimated market numbers for the market segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Additionally, the market size was validated using top-down and bottom-up approaches.
Market Definition
A satellite is an artificial object placed in orbit around a planet or celestial body to perform specific functions, such as communication, Earth observation, navigation, or scientific research. It collects and transmits data to the Earth, enabling various studies and research. Depending on mass, satellites can be categorized as small, medium, or large. They leverage advancements in the miniaturization of technology. Satellites are launched independently or as secondary payloads, allowing cost-effective access to space and opportunities for high-frequency mission updates and constellation deployment.
Key Stakeholders
- Satellite Operators and Constellation Owners
- Satellite Manufacturers and Prime Contractors
- Payload and Mission Equipment Providers
- Component and Subsystem Suppliers
- Ground Segment and Network Infrastructure Providers
- Launch and Mission Support Providers
- Service and Data Providers
- Regulatory, Standards, and Certification Bodies
- Defense, Government, and Commercial End Users
- Research and Technology Institutions
Report Objectives
- To define, describe, segment, and forecast the size of the satellites market based on mass, application, customer type, subsystem, frequency, propulsion technology, and region
- To forecast the size of market segments with respect to five regions: North America, Europe, Asia Pacific, the Middle East, and the Rest of the World, along with major countries in each region
- To identify and analyze key drivers, restraints, opportunities, and challenges influencing market growth
- To analyze micro markets with respect to individual growth trends, prospects, and their contribution to the overall market
- To analyze opportunities in the market for stakeholders by identifying key market trends
- To profile key market players and comprehensively analyze their market shares and core competencies
- To analyze the degree of competition in the market by identifying key growth strategies, such as acquisitions, agreements, contracts, joint ventures, and partnerships, adopted by key market players
- To identify detailed financial positions, key products, and unique selling points of leading companies in the market
- To provide a detailed competitive landscape of the market, along with market share analysis and revenue analysis of key players
Available customizations:
MarketsandMarkets offers the following customizations for this market report:
- Additional country-level analysis of the satellites market
- Profiling of other market players (up to five)
Product Analysis
- Product matrix, which provides a detailed comparison of the product portfolio of each company in the satellites market
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Growth opportunities and latent adjacency in Satellites Market