According to the Market Statsville Group (MSG), the global satellite bus market size is expected to grow from USD 12,071.2 million in 2021 to USD 19,3783.3 million by 2030, at a CAGR of 5.4% from 2022 to 2030. Below information is analyzed in depth in the report-
Global Satellite Bus Market Revenue, 2018-2023, 2024-2033, (US$ Millions)
Global Satellite Bus Market Sales Volume, 2018-2023, 2024-2033, (Units)
Share of the top five Satellite Bus companies in 2023 (%)
Market Growth Mapping
Qualitative and quantitative methodologies were utilized in the process of market growth mapping. The report offers an extensive examination of market dynamics, including a thorough assessment of the primary factors that drive market expansion, challenges encountered by industry participants, and forthcoming trends that indicate recent development. Prospects for investment and expansion are discerned via a comprehensive SWOT analysis, which evaluates the market’s strengths, weakness, opportunities, and threats. The PESTEL analysis, which investigates the technological, environmental, political, economic, and social factors that influence the industry, provides additional depth of analysis. Furthermore, the report incorporates an analysis of PORTER'S 5 forces, which provides valuable perspectives on the sector's profitability and competitive intensity. Moreover, the report covers regulatory landscape, COVID-19 impact analysis, customer sentiment and behavior, trade analysis, supply-demand analysis, and the influence of government policies and other macroeconomic factors.
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Satellite Bus Market Segmentation:
This study offers a thorough segmentation of the Satellite Bus market based on an in-depth examination of the product portfolios and customers of key regional and global market players. By means of a comprehensive examination, we offer detailed perspectives on market segmentation, assisting stakeholders in comprehending the diverse aspects and variables that impact the Satellite Bus market.
By Satellite Size Outlook (Sales, USD Million, 2017-2030)
Small
Medium
Large
By Subsystem Outlook (Sales, USD Million, 2017-2030)
Structures & mechanisms
Thermal control
Electric power system
Attitude control system
Propulsion
Telemetry tracking command
Flight software
By Application Outlook (Sales, USD Million, 2017-2030)
Earth observation & meteorology
Communication
Scientific research & exploration
Surveillance & security
Mapping
Navigation
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The key companies covered in the market report are:
Honeywell International Inc
Lockheed Martin Corporation
Airbus S.A.S.
Boeing
Thales Group
IAI
Mitsubishi Electric Corporation
BALL CORPORATION
Sierra Nevada Corporation
Northrop Grumman Corporation