Satellite Bus Market Research Reportβ€”Global Forecast till 2027

Satellite Bus Market Research Report: Information by Satellite Type (Small Satellite, Medium Satellite, and Large Satellite), Subsystem (Electric Power System (EPS), Thermal Control, Attitude Control System, Flight Software, and Telemetry Tracking and Command (TT&C), and Others), Application (Earth Observation and Meteorology, Scientific Research & Exploration, Mapping & Navigation, Communication, and Surveillance & Security), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America) β€” Forecast till 2027

ID: MRFR/A&D/6621-CR | December 2021 | Region: Global | 174 Pages         

Table of Contents

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS

1.1.1 GLOBAL SATELLITE BUS MARKET, BY SATELLITE TYPE

1.1.2 GLOBAL SATELLITE BUS MARKET, BY SUBSYSTEM

1.1.3 GLOBAL SATELLITE BUS MARKET, BY APPLICATION

1.1.4 GLOBAL SATELLITE BUS MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION

2.2 SCOPE OF THE STUDY

2.3 RESEARCH OBJECTIVE

2.4 MARKET STRUCTURE

2.5 KEY BUYING CRITERIA

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

3.2 PRIMARY RESEARCH

3.3 SECONDARY RESEARCH

3.4 MARKET SIZE ESTIMATION

3.5 FORECAST MODEL

3.6 LIST OF ASSUMPTIONS

4 MARKET INSIGHTS

5 IMPACT OF COVID-19

5.1 IMPACT OF COVID-19 ON THE GLOBAL SATELLITE BUS MARKET

5.1.1 IMPACT OF COVID-19 ON GLOBAL MARKET

5.2 IMPACT OF COVID-19 ON THE GLOBAL SATELLITE BUS MARKET

5.3 SUPPLY CHAIN IMPACT

5.3.1 IMPACT ON MANUFACTURER/DEVELOPER

5.3.2 IMPACT ON COMPONENT SUPPLIER

5.3.3 IMPACT ON DISTRIBUTION/LOGISTICS

5.3.4 IMPACT ON CONSUMER

5.4 MARKET RECOVERY ANALYSIS

6 MARKET DYNAMICS

6.1 INTRODUCTION

6.2 DRIVERS

6.2.1 INCREASING DEPLOYMENT OF SMALL SATELLITES

6.2.2 INCREASE IN DEMAND FOR SPACE DATA

6.2.3 INCREASING DEMAND FOR EARTH OBSERVATION IMAGERY AND ANALYTICS

6.2.4 DRIVERS IMPACT ANALYSIS

6.3 RESTRAINTS

6.3.1 LACK OF CLARITY IN GOVERNMENT POLICIES

6.3.2 HIGH COST OF DEVELOPMENT AND MANUFACTURING

6.3.3 RESTRAINTS IMPACT ANALYSIS

6.4 OPPORTUNITIES

6.4.1 INCREASING GOVERNMENT INVESTMENTS IN SPACE TECHNOLOGY

6.5 TECHNOLOGICAL TRENDS

6.5.1 INTERNET OF THINGS (IOT)

6.5.2 ARTIFICIAL INTELLIGENCE (AI)

6.5.3 BIG DATA ANALYTICS

6.6 PATENT ANALYSIS

6.7 REGULATORY LANDSCAPE/STANDARDS

6.7.1 IADC SPACE DEBRIS MITIGATION GUIDELINES; COPUOS SPACE DEBRIS GUIDELINES

6.7.2 UNITED NATIONS OFFICE FOR OUTER SPACE AFFAIRS

6.7.3 ITU RADIO REGULATIONS

7 MARKET FACTOR ANALYSIS

7.1 SUPPLY CHAIN

7.1.1 DESIGN & DEVELOPMENT

7.1.2 SYSTEM/COMPONENT SUPPLY

7.1.3 SYSTEM INTEGRATION

7.1.4 END USE

7.2 PORTER'S FIVE FORCES MODEL

7.2.1 THREAT OF NEW ENTRANTS

7.2.2 BARGAINING POWER OF SUPPLIERS

7.2.3 BARGAINING POWER OF BUYERS

7.2.4 THREAT OF SUBSTITUTES

7.2.5 INTENSITY OF RIVALRY

8 GLOBAL SATELLITE BUS MARKET, BY SATELLITE TYPE

8.1 OVERVIEW

8.2 SMALL SATELLITE

8.3 MEDIUM SATELLITE

8.4 LARGE SATELLITE

8.5 GLOBAL SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

9 GLOBAL SATELLITE BUS MARKET, BY SUBSYSTEM

9.1 OVERVIEW

9.2 ELECTRIC POWER SYSTEM (EPS)

9.3 THERMAL CONTROL

9.4 ATTITUDE CONTROL SYSTEM

9.5 FLIGHT SOFTWARE

9.6 TELEMETRY TRACKING AND COMMAND (TT&C)

9.7 OTHERS

9.8 GLOBAL SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

10 GLOBAL SATELLITE BUS MARKET, BY APPLICATION

10.1 OVERVIEW

10.2 EARTH OBSERVATION & METEOROLOGY

10.3 SCIENTIFIC RESEARCH & EXPLORATION

10.4 MAPPING & NAVIGATION

10.5 COMMUNICATION

10.6 SURVEILLANCE & SECURITY

10.7 GLOBAL SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11 GLOBAL SATELLITE BUS MARKET, BY REGION

11.1 OVERVIEW

11.2 NORTH AMERICA

11.2.1 NORTH AMERICA: SATELLITE BUS MARKET, BY COUNTRY, 2018–2027 (USD MILLION)

11.2.2 NORTH AMERICA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.2.3 NORTH AMERICA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.2.4 NORTH AMERICA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.2.5 US

11.2.6 US: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.2.7 US: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.2.8 US: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.2.9 CANADA

11.2.10 CANADA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.2.11 CANADA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.2.12 CANADA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.3 EUROPE

11.3.1 EUROPE: SATELLITE BUS MARKET, BY COUNTRY, 2018–2027 (USD MILLION)

11.3.2 EUROPE: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.3.3 EUROPE: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.3.4 EUROPE: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.3.5 UK

11.3.6 UK: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.3.7 UK: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.3.8 UK: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.3.9 GERMANY

11.3.10 GERMANY: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.3.11 GERMANY: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.3.12 GERMANY: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.3.13 FRANCE

11.3.14 FRANCE: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.3.15 FRANCE: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.3.16 FRANCE: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.3.17 ITALY

11.3.18 ITALY: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.3.19 ITALY: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.3.20 ITALY: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.3.21 REST OF EUROPE

11.3.22 REST OF EUROPE: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.3.23 REST OF EUROPE: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.3.24 REST OF EUROPE: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.4 ASIA-PACIFIC

11.4.1 ASIA-PACIFIC: SATELLITE BUS MARKET, BY COUNTRY, 2018–2027 (USD MILLION)

11.4.2 ASIA-PACIFIC: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.4.3 ASIA-PACIFIC: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.4.4 ASIA-PACIFIC: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.4.5 CHINA

11.4.6 CHINA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.4.7 CHINA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.4.8 CHINA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.4.9 JAPAN

11.4.10 JAPAN: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.4.11 JAPAN: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.4.12 JAPAN: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.4.13 INDIA

11.4.14 INDIA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.4.15 INDIA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.4.16 INDIA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.4.17 SOUTH KOREA

11.4.18 SOUTH KOREA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.4.19 SOUTH KOREA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.4.20 SOUTH KOREA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.4.21 REST OF ASIA-PACIFIC

11.4.22 REST OF ASIA-PACIFIC: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.4.23 REST OF ASIA-PACIFIC: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.4.24 REST OF ASIA-PACIFIC: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.5 MIDDLE EAST & AFRICA

11.5.1 MIDDLE EAST & AFRICA: SATELLITE BUS MARKET, BY COUNTRY, 2018–2027 (USD MILLION)

11.5.2 MIDDLE EAST & AFRICA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.5.3 MIDDLE EAST & AFRICA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.5.4 MIDDLE EAST & AFRICA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.5.5 SAUDI ARABIA

11.5.6 SAUDI ARABIA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.5.7 SAUDI ARABIA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.5.8 SAUDI ARABIA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.5.9 UAE

11.5.10 UAE: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.5.11 UAE: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.5.12 UAE: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.5.13 TURKEY

11.5.14 TURKEY: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.5.15 TURKEY: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.5.16 TURKEY: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.5.17 REST OF MIDDLE EAST & AFRICA

11.5.18 REST OF MIDDLE EAST & AFRICA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.5.19 REST OF MIDDLE EAST & AFRICA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.5.20 REST OF MIDDLE EAST & AFRICA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.6 LATIN AMERICA

11.6.1 LATIN AMERICA: SATELLITE BUS MARKET, BY COUNTRY, 2018–2027 (USD MILLION)

11.6.2 LATIN AMERICA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.6.3 LATIN AMERICA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.6.4 LATIN AMERICA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.6.5 BRAZIL

11.6.6 BRAZIL: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.6.7 BRAZIL: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.6.8 BRAZIL: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

11.6.9 REST OF LATIN AMERICA

11.6.10 REST OF LATIN AMERICA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

11.6.11 REST OF LATIN AMERICA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

11.6.12 REST OF LATIN AMERICA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

12 COMPETITIVE LANDSCAPE

12.1 COMPETITIVE OVERVIEW

12.2 COMPETITIVE BENCHMARKING

12.3 MARKET SHARE ANALYSIS

12.4 MAJOR GROWTH STRATEGIES IN THE GLOBAL SATELLITE BUS MARKET

12.5 LEADING PLAYERS IN TERMS OF NUMBER OF DEVELOPMENTS IN THE GLOBAL SATELLITE BUS MARKET

12.6 KEY DEVELOPMENTS & GROWTH STRATEGIES

12.6.1 CONTRACTS AND AGREEMENTS

12.6.2 PRODUCT LAUNCHES/DEVELOPMENTS

12.6.3 COLLABORATIONS/FUNDING/PARTNERSHIPS/ACQUISITIONS

13 COMPANY PROFILES

13.1 AIRBUS SAS

13.1.1 COMPANY OVERVIEW

13.1.2 FINANCIAL OVERVIEW

13.1.3 PRODUCTS/SERVICES OFFERED

13.1.4 KEY DEVELOPMENTS

13.1.5 SWOT ANALYSIS

13.1.6 KEY STRATEGIES

13.2 BALL CORPORATION

13.2.1 COMPANY OVERVIEW

13.2.2 FINANCIAL OVERVIEW

13.2.3 PRODUCTS/SERVICES OFFERED

13.2.4 KEY DEVELOPMENTS

13.2.5 SWOT ANALYSIS

13.2.6 KEY STRATEGIES

13.3 BOEING

13.3.1 COMPANY OVERVIEW

13.3.2 FINANCIAL OVERVIEW

13.3.3 PRODUCTS/SERVICES OFFERED

13.3.4 KEY DEVELOPMENTS

13.3.5 SWOT ANALYSIS

13.3.6 KEY STRATEGIES

13.4 CHINA AEROSPACE AND TECHNOLOGY CORPORATION

13.4.1 COMPANY OVERVIEW

13.4.2 FINANCIAL OVERVIEW

13.4.3 PRODUCTS/SERVICES OFFERED

13.4.4 KEY DEVELOPMENTS

13.4.5 SWOT ANALYSIS

13.4.6 KEY STRATEGIES

13.5 HONEYWELL INTERNATIONAL INC.

13.5.1 COMPANY OVERVIEW

13.5.2 FINANCIAL OVERVIEW

13.5.3 PRODUCTS/SERVICES OFFERED

13.5.4 KEY DEVELOPMENTS

13.5.5 SWOT ANALYSIS

13.5.6 KEY STRATEGIES

13.6 ISRAEL AEROSPACE INDUSTRIES

13.6.1 COMPANY OVERVIEW

13.6.2 FINANCIAL OVERVIEW

13.6.3 PRODUCTS/SERVICES OFFERED

13.6.4 KEY DEVELOPMENTS

13.6.5 SWOT ANALYSIS

13.6.6 KEY STRATEGIES

13.7 LOCKHEED MARTIN CORPORATION

13.7.1 COMPANY OVERVIEW

13.7.2 FINANCIAL OVERVIEW

13.7.3 PRODUCTS/SERVICES OFFERED

13.7.4 KEY DEVELOPMENTS

13.7.5 SWOT ANALYSIS

13.7.6 KEY STRATEGIES

13.8 MAXAR TECHNOLOGIES LTD

13.8.1 COMPANY OVERVIEW

13.8.2 FINANCIAL OVERVIEW

13.8.3 PRODUCTS/SERVICES OFFERED

13.8.4 KEY DEVELOPMENTS

13.8.5 SWOT ANALYSIS

13.8.6 KEY STRATEGIES

13.9 MITSUBISHI ELECTRIC CORPORATION

13.9.1 COMPANY OVERVIEW

13.9.2 FINANCIAL OVERVIEW

13.9.3 PRODUCTS/SERVICES OFFERED

13.9.4 KEY DEVELOPMENTS

13.9.5 SWOT ANALYSIS

13.9.6 KEY STRATEGIES

13.10 NORTHROP GRUMMAN CORPORATION

13.10.1 COMPANY OVERVIEW

13.10.2 FINANCIAL OVERVIEW

13.10.3 PRODUCTS/SERVICES OFFERED

13.10.4 KEY DEVELOPMENTS

13.10.5 SWOT ANALYSIS

13.10.6 KEY STRATEGIES

13.11 SIERRA NEVADA CORPORATION

13.11.1 COMPANY OVERVIEW

13.11.2 FINANCIAL OVERVIEW

13.11.3 PRODUCTS/SERVICES OFFERED

13.11.4 KEY DEVELOPMENTS

13.11.5 SWOT ANALYSIS

13.11.6 KEY STRATEGIES

13.12 THALES GROUP

13.12.1 COMPANY OVERVIEW

13.12.2 FINANCIAL OVERVIEW

13.12.3 PRODUCTS/SERVICES OFFERED

13.12.4 KEY DEVELOPMENTS

13.12.5 SWOT ANALYSIS

13.12.6 KEY STRATEGIES

14 APPENDIX

14.1 REFERENCES

List of Tables

TABLE 1 PRIMARY INTERVIEWS

TABLE 2 LIST OF ASSUMPTIONS

TABLE 3 MAJOR GRANTED PATENTS ON SATELLITE BUS (1ST APRIL 2016 – 1ST APRIL 2021)

TABLE 4 GLOBAL SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 5 GLOBAL SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 6 GLOBAL SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 7 GLOBAL SATELLITE BUS MARKET, BY REGION, 2018–2027 (USD MILLION)

TABLE 8 NORTH AMERICA: SATELLITE BUS MARKET, BY COUNTRY, 2018–2027 (USD MILLION)

TABLE 9 NORTH AMERICA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 10 NORTH AMERICA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 11 NORTH AMERICA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 12 US: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 13 US: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 14 US: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 15 CANADA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 16 CANADA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 17 CANADA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 18 EUROPE: SATELLITE BUS MARKET, BY COUNTRY, 2018–2027 (USD MILLION)

TABLE 19 EUROPE: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 20 EUROPE: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 21 EUROPE: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 22 UK: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 23 UK: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 24 UK: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 25 GERMANY: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 26 GERMANY: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 27 GERMANY: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 28 FRANCE: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 29 FRANCE: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 30 FRANCE: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 31 ITALY: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 32 ITALY: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 33 ITALY: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 34 REST OF EUROPE: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 35 REST OF EUROPE: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 36 REST OF EUROPE: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 37 ASIA-PACIFIC: SATELLITE BUS MARKET, BY COUNTRY, 2018–2027 (USD MILLION)

TABLE 38 ASIA-PACIFIC: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 39 ASIA-PACIFIC: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 40 ASIA-PACIFIC: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 41 CHINA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 42 CHINA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 43 CHINA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 44 JAPAN: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 45 JAPAN: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 46 JAPAN: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 47 INDIA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 48 INDIA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 49 INDIA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 50 SOUTH KOREA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 51 SOUTH KOREA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 52 SOUTH KOREA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 53 REST OF ASIA-PACIFIC: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 54 REST OF ASIA-PACIFIC: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 55 REST OF ASIA-PACIFIC: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 56 MIDDLE EAST & AFRICA: SATELLITE BUS MARKET, BY COUNTRY, 2018–2027 (USD MILLION)

TABLE 57 MIDDLE EAST & AFRICA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 58 MIDDLE EAST & AFRICA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 59 MIDDLE EAST & AFRICA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 60 SAUDI ARABIA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 61 SAUDI ARABIA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 62 SAUDI ARABIA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 63 UAE: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 64 UAE: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 65 UAE: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 66 TURKEY: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 67 TURKEY: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 68 TURKEY: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 69 REST OF MIDDLE EAST & AFRICA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 70 REST OF MIDDLE EAST & AFRICA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 71 REST OF MIDDLE EAST & AFRICA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 72 LATIN AMERICA: SATELLITE BUS MARKET, BY COUNTRY, 2018–2027 (USD MILLION)

TABLE 73 LATIN AMERICA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 74 LATIN AMERICA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 75 LATIN AMERICA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 76 BRAZIL: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 77 BRAZIL: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 78 BRAZIL: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 79 REST OF LATIN AMERICA: SATELLITE BUS MARKET, BY SATELLITE TYPE, 2018–2027 (USD MILLION)

TABLE 80 REST OF LATIN AMERICA: SATELLITE BUS MARKET, BY SUBSYSTEM, 2018–2027 (USD MILLION)

TABLE 81 REST OF LATIN AMERICA: SATELLITE BUS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 82 THE MOST ACTIVE PLAYERS IN THE GLOBAL SATELLITE BUS MARKET

TABLE 83 CONTRACTS AND AGREEMENT

TABLE 84 PRODUCT LAUNCH/ DEVELOPMENT

TABLE 85 COLLABORATIONS/FUNDING/PARTNERSHIPS/ACQUISITION

TABLE 86 AIRBUS SAS: PRODUCTS/SERVICES OFFERED

TABLE 87 AIRBUS SAS: KEY DEVELOPMENTS

TABLE 88 BALL CORPORATION: PRODUCTS/SERVICES OFFERED

TABLE 89 BALL CORPORATION: KEY DEVELOPMENTS

TABLE 90 BOEING: PRODUCTS/SERVICES OFFERED

TABLE 91 BOEING: KEY DEVELOPMENTS

TABLE 92 CHINA AEROSPACE AND TECHNOLOGY CORPORATION: PRODUCTS/SERVICES OFFERED

TABLE 93 CHINA AEROSPACE AND TECHNOLOGY CORPORATION: KEY DEVELOPMENTS

TABLE 94 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SERVICES OFFERED

TABLE 95 ISRAEL AEROSPACE INDUSTRIES: PRODUCTS/SERVICES OFFERED

TABLE 96 ISRAEL AEROSPACE INDUSTRIES: KEY DEVELOPMENTS

TABLE 97 LOCKHEED MARTIN CORPORATION: PRODUCTS/SERVICES OFFERED

TABLE 98 LOCKHEED MARTIN CORPORATION: KEY DEVELOPMENTS

TABLE 99 MAXAR TECHNOLOGIES LTD: PRODUCTS/SERVICES OFFERED

TABLE 100 MAXAR TECHNOLOGIES LTD: KEY DEVELOPMENTS

TABLE 101 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SERVICES OFFERED

TABLE 102 MITSUBISHI ELECTRIC CORPORATION: KEY DEVELOPMENTS

TABLE 103 NORTHROP GRUMMAN CORPORATION: PRODUCTS/SERVICES OFFERED

TABLE 104 NORTHROP GRUMMAN CORPORATION: KEY DEVELOPMENTS

TABLE 105 SIERRA NEVADA CORPORATION: PRODUCTS/SERVICES OFFERED

TABLE 106 SIERRA NEVADA CORPORATION: KEY DEVELOPMENTS

TABLE 107 THALES GROUP: PRODUCTS/SERVICES OFFERED

TABLE 108 THALES GROUP: KEY DEVELOPMENTS

 List of Figures

FIGURE 1 MARKET SYNOPSIS

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL SATELLITE BUS MARKET

FIGURE 3 GLOBAL SATELLITE BUS MARKET ANALYSIS, BY SATELLITE TYPE

FIGURE 4 GLOBAL SATELLITE BUS MARKET ANALYSIS, BY SUBSYSTEM

FIGURE 5 GLOBAL SATELLITE BUS MARKET ANALYSIS, BY APPLICATION

FIGURE 6 GLOBAL SATELLITE BUS MARKET ANALYSIS, BY REGION

FIGURE 7 GLOBAL SATELLITE BUS MARKET: STRUCTURE

FIGURE 8 KEY BUYING CRITERIA FOR SATELLITE BUSS

FIGURE 9 RESEARCH PROCESS

FIGURE 10 TOP-DOWN AND BOTTOM-UP APPROACHES

FIGURE 11 NORTH AMERICA: SATELLITE BUS MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027)

FIGURE 12 EUROPE: SATELLITE BUS MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027)

FIGURE 13 ASIA-PACIFIC: SATELLITE BUS MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027)

FIGURE 14 MIDDLE EAST & AFRICA: SATELLITE BUS MARKET SIZE & MARKET SHARE, BY REGION (2020 VS 2027)

FIGURE 15 LATIN AMERICA: SATELLITE BUS MARKET SIZE & MARKET SHARE, BY REGION (2020 VS 2027)

FIGURE 16 MARKET DYNAMICS OVERVIEW

FIGURE 17 DRIVERS IMPACT ANALYSIS: GLOBAL SATELLITE BUS MARKET

FIGURE 18 RESTRAINTS IMPACT ANALYSIS: GLOBAL SATELLITE BUS MARKET

FIGURE 19 SUPPLY CHAIN ANALYSIS: GLOBAL SATELLITE BUS MARKET

FIGURE 20 PORTER'S FIVE FORCES ANALYSIS: GLOBAL SATELLITE BUS MARKET

FIGURE 21 GLOBAL SATELLITE BUS MARKET, BY ENGINE TYPE, 2020 (% SHARE)

FIGURE 22 GLOBAL SATELLITE BUS MARKET, BY SUBSYSTEM, 2020 (% SHARE)

FIGURE 23 GLOBAL SATELLITE BUS MARKET, BY APPLICATION, 2020 (% SHARE)

FIGURE 24 GLOBAL SATELLITE BUS MARKET SHARE, BY REGION, 2020 (% SHARE)

FIGURE 25 NORTH AMERICA: SATELLITE BUS MARKET SHARE, BY COUNTRY, 2020 (% SHARE)

FIGURE 26 EUROPE: SATELLITE BUS MARKET SHARE, BY COUNTRY, 2020 (% SHARE)

FIGURE 27 ASIA-PACIFIC: SATELLITE BUS MARKET SHARE, BY COUNTRY, 2020 (% SHARE)

FIGURE 28 MIDDLE EAST & AFRICA: SATELLITE BUS MARKET SHARE, BY COUNTRY, 2020 (% SHARE)

FIGURE 29 LATIN AMERICA: SATELLITE BUS MARKET SHARE, BY COUNTRY, 2020 (% SHARE)

FIGURE 30 BENCHMARKING OF MAJOR COMPETITORS

FIGURE 31 MAJOR MANUFACTURERS MARKET SHARE ANALYSIS, 2020

FIGURE 32 CONTRACTS & AGREEMENTS: THE MAJOR STRATEGY ADOPTED BY KEY PLAYERS IN THE GLOBAL SATELLITE BUS MARKET

FIGURE 33 AIRBUS SAS: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 34 AIRBUS SAS: SWOT ANALYSIS

FIGURE 35 BALL CORPORATION: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 36 BALL CORPORATION: SWOT ANALYSIS

FIGURE 37 BOEING: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 38 BOEING: SWOT ANALYSIS

FIGURE 39 CHINA AEROSPACE AND TECHNOLOGY CORPORATION.: SWOT ANALYSIS

FIGURE 40 HONEYWELL INTERNATIONAL INC.: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 41 HONEYWELL INTERNATIONAL INC.: SWOT ANALYSIS

FIGURE 42 ISRAEL AEROSPACE INDUSTRIES: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 43 ISRAEL AEROSPACE INDUSTRIES: SWOT ANALYSIS

FIGURE 44 LOCKHEED MARTIN CORPORATION: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 45 LOCKHEED MARTIN CORPORATION: SWOT ANALYSIS

FIGURE 46 MAXAR TECHNOLOGIES LTD: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 47 MAXAR TECHNOLOGIES LTD: SWOT ANALYSIS

FIGURE 48 MITSUBISHI ELECTRIC CORPORATION: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 49 MITSUBISHI ELECTRIC CORPORATION: SWOT ANALYSIS

FIGURE 50 NORTHROP GRUMMAN CORPORATION: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 51 NORTHROP GRUMMAN CORPORATION: SWOT ANALYSIS

FIGURE 52 SIERRA NEVADA CORPORATION: SWOT ANALYSIS

FIGURE 53 THALES GROUP: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 54 THALES GROUP: SWOT ANALYSIS

Satellite Bus Market

Satellite Bus Market Size is expected to reach USD 9.27 Billion by 2030, registering a CAGR of 5.96% during 2020-2030.

Segmentation

Satellite Type Small Satellite Medium Satellite Large Satellite
Subsystem Electric Power System (Eps) Thermal Control Attitude Control System Flight Software Telemetry Tracking And Command (Tt&C) Others
Application Earth Observation & Meteorology Scientific Research & Exploration Mapping & Navigation Communication Surveillance & Security

Key Players

  • Airbus SAS
  • Ball Corporation
  • Boeing
  • China Aerospace Science and Technology Corporation
  • Honeywell International Inc.
  • Israel Aerospace Industries
  • Lockheed Martin Corporation
  • Maxar Technologies Ltd.
  • Mitsubishi Electric Corporation
  • Northrop Grumman Corporation
  • Sierra Nevada Corporation
  • and Thales Group

Drivers

  • Increasing Deployment of Small Satellites
  • Increase in Demand for Space Data
  • Increasing Demand for Earth Observation Imagery and Analytics
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Satellite Bus Market Overview


The global satellite bus market is projected to register a CAGR of 5.80% between 2021 and 2027. A satellite bus, also known as the satellite's body, houses all of the necessary satellite components and associated scientific equipment. Satellite buses are essential as they are responsible for taking the satellite equipment safely into space.


The global satellite bus market has witnessed significant growth in recent years due to the increasing deployment of small satellites, rising demand for space data, and increasing demand for Earth observation imagery and analytics. However, the lack of clarity in government policies and the high cost of development and manufacturing are expected to restrict the market growth to a certain extent.


COVID-19 Analysis


According to MRFR, the current projections of global satellite bus market growth till 2027 are expected to be lower than pre-COVID-19 estimates. The pandemic has had a devastating negative impact on the aerospace industry across the world. In the aerospace industry, due to a decrease in tax revenues with a decrease in GDP, it is also expected to decrease the investment in satellites for research & development in the next few years. Many governments across the globe are focused on controlling COVID-19 outbreaks in their countries. Hence, they are investing more in healthcare equipment and the development of vaccines. Therefore, the R&D expenditures on satellite buses are expected to be slightly lower for the next few years. The aerospace expenditure is expected to increase gradually during the forecast period after the pandemic ends.


Moreover, due to a decrease in revenues of aerospace companies, it is also expected that there will be a setback for further investing in satellite buses. However, the growing demand for small satellites is anticipated to drive the growth of the market once the global economy plunges back. Thus, it is likely that the global satellite bus market will grow at a slower rate in 2020 and 2021; from 2022, it will increase gradually.


Market Dynamics



  • Drivers

    • Increasing Deployment of Small Satellites




There has been a notable increase in the number of small satellites deployed due to their advantages. They have a lower cost of manufacturing and can be mass-produced more easily. Revolutionary technical advances have enabled the miniaturization of electronics, which has pushed the invention of smart materials, reducing the size and mass of satellites over time for manufacturers. Moreover, numerous start-ups in the aeronautics and space industry have taken a keen interest in satellite research and designing, creating a demand for small satellites and mini rockets. Companies such as OneWeb, Amazon, Telesat, and SpaceX, among others, have announced that they intend to launch over 40,000 satellites in the next few years. For instance, as of April 7, 2021, SpaceX launched over 1,443 Starlink Satellites, which are all small communication satellites. Similarly, there has been an uptake in small satellite deployment for defense purposes. Hence, owing to increasing investments in satellite constellation launches, the demand for small satellites is anticipated to increase, which is, in turn, drives the growth of the satellite bus market.



  • Opportunities

    • Increasing Government Investments in Space Technology




There has been a significant increase in government investments in space technology across the globe. For many countries, government investments, especially in R&D and start-ups, are seen as a means of addressing societal challenges, facilitating independence from imports, and eventually becoming a global provider of solutions in a sector such as space. For example, Japan recently launched the cabinet-level Impulsing Paradigm Change by Disruptive Technologies Program (IMPACT) and the Innovation Network Corporation of Japan (INCJ), both of which can promote space start-ups.


Furthermore, the European Space Agency (ESA) reported a nearly USD 33 million investment in the advancement of Hall Effect Thruster (HET) propulsion technology and other company incubators. The Chinese Government committed USD 339 billion to start-ups in the country (not all of which will be focused on space). Such developments indicate that governments are compensating for the lack of private funding. Additionally, the Canadian government's Industrial Technologies office intends to provide UrtheCast with USD 13 million to aid in the ongoing production of its X- and L-band synthetic aperture radar (SAR) constellation on a smallsat platform. Thus, increasing government investments offer lucrative growth opportunities for the satellite bus market.



  • Restraints

    • Lack of Clarity in Government Policies




Government policies at the national and international levels affect the evolution of the satellite environment and industry, either directly or indirectly. There is currently no robust global or domestic on-orbit regulation regime in place. In the US, strict regulations have been introduced to govern the launch and re-entry of satellites into the spectrum and remote sensing. However, on-orbit activities, including rendezvous and proximity activities, Space-based Space Situation Awareness (SSA), or RF mapping, are not covered by regulations.


Internationally, even though more than 70 countries are involved in satellite operations, no consensus has been achieved, and there are a few signs that a robust global regime would exist beyond the high-level directives in the Outer Space Treaty. While operators have expressed an interest in developing regulations that would provide investors with clarity, there are concerns about burdensome regulations that could force companies to relocate from one country to another. Given that the timelines of operators and policymakers do not always coincide, and the considerable efforts involved in establishing international community agreements, designing policies and regulations for the rapidly changing commercial space industry will be a challenge for the next ten years.



  • Cumulative Growth Analysis

    • Growing Number of Satellite Launches to Bolster Market’s Growth Rate




The global satellite bus market growth is expected to be at a rate of 5.80% over the analysis period (between 2021 and 2027), primarily because of the growing number of satellite launches.


Segment Overview


Increasing Demand for Communication, Navigation, Mapping, and Safety Applications to Bolster Demand for Satellite Buses in Large Satellites


The global satellite bus market, based on satellite type, has been segmented into small satellite, medium satellite, and large satellite. Large satellites are very powerful and are used in several applications, including communication, navigation, mapping, and security. Thus, the large satellite segment is forecasted to register the highest growth rate in the coming years during the forecast period.


Growing Monitoring, Detection, and Assessment Applications to Drive the Demand for Earth Observation & Meteorology


Based on application, the global satellite bus market has been segmented into Earth observation & meteorology, scientific research & exploration, mapping & navigation, communication, and surveillance & security. The Earth observation & meteorology segment dominated the satellite bus market and is forecasted to generate the highest revenues in the coming years during the forecast period. Much of this can be ascribed to the growing usage of large satellites for a wide range of applications across several sectors, including environment, urban planning, agriculture, water resources, ocean resource exploration, forestry, rural development, mineral prospecting, and disaster management.


Regional Analysis



  • North America Accounted for the Largest Market Share


North America dominated the global satellite bus market and is expected to continue doing so in the coming years during the forecast period. This market growth can be attributed to the presence of major manufacturers such as Northrop Grumman Corporation and Lockheed Martin Corporation. Moreover, increasing interest in space technology has led to the entry of several companies such as SpaceX and Virgin Orbit in the region, which further drives the regional market's growth. In addition, the increasing number of activities related to satellite launches in the region for various applications such as navigation, communication, internet connectivity, broadcasting, and others by space organizations such as the National Aeronautics and Space Administration (NASA) is also expected to boost the regional market growth. Furthermore, the increasing investment by the government for aeronautics and space research also provides significant growth opportunities for the players operating in the satellite bus market.



  • APAC Races Ahead at the Fastest Rate as China and India Take the Lead


MRFR anticipates the APAC market to exhibit the fastest growth during the conjectured period. The Asia-Pacific market includes China, Japan, India, Australia, and the rest of Asia-Pacific. Factors such as increasing expenditure in the defense industry and technological advancements are expected to drive regional market growth. According to a study by the Stockholm International Peace Research Institute (SIPRI), China increased its military expenditure to USD 252 billion in 2020, while the military spending in India rose to USD 72.9 billion. Furthermore, the increasing use of surveillance and communication satellites in developing countries such as China and India to offer enhanced safety and communication to defense forces is expected to fuel the demand for satellite buses and drive the regional market growth.


Competitive Landscape



  • Significant Investments by Players to Intensify Competition


The satellite bus market is projected to grow significantly in the coming years due to the increasing deployment of small satellites, rising demand for space data, and increasing demand for Earth observation imagery and analytics. The global satellite bus market is characterized by the presence of several global and regional vendors. The market is highly competitive, with all the players trying to gain maximum market share. Frequent changes in government policies, intense competition, and government regulations are the key factors that impact the global market growth. The vendors compete based on cost, product quality, and reliability.


List of Key Companies Covered in this Report



  • Airbus SAS (Netherlands)

  • Ball Corporation (US)

  • Boeing (US)

  • China Aerospace Science and Technology Corporation (China)

  • Honeywell International Inc. (US)

  • Israel Aerospace Industries (Israel)

  • Lockheed Martin Corporation (US)

  • Maxar Technologies Ltd. (US)

  • Mitsubishi Electric Corporation (Japan)

  • Northrop Grumman Corporation (US)

  • Sierra Nevada Corporation (US)

  • Thales Group (France)


Recent Developments



  • March 2021 – Maxar Technologies Ltd. signed a contract with NASA to deliver the Solar Electric Propulsion (SEP) Chassis to NASA's Jet Propulsion Laboratory (JPL) for the NASA Discovery Mission, Psyche.

  • February 2021 – Thales Alenia Space signed an agreement with Telesat to be the prime contractor on the construction of Lightspeed, its advanced LEO network, a project initially comprised of a fleet of 298 satellites.

  • December 2020 – Lockheed Martin Corporation signed a contract with the U.S. Space Force worth USD 511 million for two GPS 3F satellites.

  • December 2020 – Thales Alenia Space signed a contract with the Italian Ministry of Defence and with the Italian Space Agency (ASI) to develop two additional satellites and upgrade the ground, logistic support, and operational segments to complete the COSMO-SkyMed Second Generation constellation (CSG).

  • September 2020 – Northrop Grumman Corporation signed a contract with US Space Force worth USD 298 million to develop a jam-resistant military satellite.


Report Overview


Scope of the Report


The scope of the report highlights drivers, opportunities, restraints, and challenges surrounding the global market. With easy-to-comprehend segmentation that includes satellite type, subsystem, application, and region, MRFR projections are on the basis of historical as well as expected trends. Major firms active in the global market have been profiled as well, paired with the top strategies employed by them to remain competitive in the industry.


Segmentation Table


Satellite Type



  • Small Satellite

  • Medium Satellite

  • Large Satellite


Subsystem



  • Electric Power System (EPS)

  • Thermal Control

  • Attitude Control System

  • Flight Software

  • Telemetry Tracking and Command (TT&C)

  • Others


Application



  • Earth Observation & Meteorology

  • Scientific Research & Exploration

  • Mapping & Navigation

  • Communication

  • Surveillance & Security



Report Scope:
Report Attribute/Metric Details
  Market Size   
  CAGR   5.80% (2021–2027)
  Base Year    2020
  Forecast Period    2021–2027
  Historical Data    2019
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Satellite Type, Subsystem, and Application
  Geographies Covered   North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America
  Key Vendors   Airbus SAS, Ball Corporation, Boeing, China Aerospace Science and Technology Corporation, Honeywell International Inc., Israel Aerospace Industries, Lockheed Martin Corporation, Maxar Technologies Ltd., Mitsubishi Electric Corporation, Northrop Grumman Corporation, Sierra Nevada Corporation, and Thales Group
  Key Market Opportunities   Increasing Government Investments in Space Technology
  Key Market Drivers   Increasing Deployment of Small Satellites Increase in Demand for Space Data Increasing Demand for Earth Observation Imagery and Analytics


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Frequently Asked Questions (FAQ) :

Global satellite bus market 2020 is projected to register a moderate 5% CAGR in the forecast period.

The rising number of space exploration missions and augmented deployment of small satellites are driving the global satellite bus market growth over the prognosis period.

The small satellite segment is expected to observe substantial demand over the review period.

The communication segment is slated to expand as the fastest-growing segment.

A few eminent market players operating in the global satellite bus market are Boeing (US), Honeywell International Inc. (US), Lockheed Martin Corporation (US), among others.