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According to Stratview Research, the Satellite Bus Market is likely to witness a healthy CAGR of 5.5% during the forecast period (2018-2023).
Increasing deployment of small satellites, especially for earth observation-related applications; increasing space exploration missions, technological advancement in the systems, increasing space budget of the emerging economies, and increasing participation of private space companies are the major factors spurring the growth of the satellite bus market.
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The supply chain of this market comprises ram material suppliers, component manufacturers, satellite bus system providers, spacecraft OEMs, space agencies, and space research institutes. The key satellite bus manufacturers are Orbital ATK, Inc., Lockheed Martin Corporation, Thales Alenia Space, Airbus Group, China Academy of Space Technology, Israel Aerospace Industries Ltd, The Boeing Company, Honeywell International Inc., Mitsubishi Electric Corporation, Ball Corporation, Macdonald, Dettwiler and Associates Ltd., and Sierra Nevada Corporation. Advancement in the technology and formation of a long-term relationship with OEMs are some of the key strategies adopted by the major players to gain a competitive edge in the market.
Stratview Research has done a rigorous study on the Satellite Bus Market in its recently launched market report. Market forecast has been done after considering the views of key decision makers, extensive desk research, key market drivers and challenges, apart from our market expertise. Identify the most important factors and opportunities impacting your business decisions.
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Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter's five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
This report studies the Satellite Bus Market and has segmented the market in four ways, keeping in mind the interest of all the stakeholders across the value chain. The following are the four ways in which the market is segmented:
Satellite Bus Market by Subsystem Type:
• Structures & Mechanisms (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Thermal Control System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Electric Power System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Attitude Control System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Propulsion (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Telemetry Tracking & Command (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Flight Software (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Satellite Bus Market by Satellite Size Type:
• Small (1-500 kg) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Medium (501-2,000 kg) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Large (>2,001 kg) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Satellite Bus Market by Application Type:
• Earth Observation & Meteorology (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Communication (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Scientific Research & Exploration (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Surveillance & Security (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Mapping & Navigation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Satellite Bus Market by Region:
• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
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Release ID: 502850