Satellite Payloads Market Size, Share, Report, Analysis, Trends & Forecast to 2026

According to Stratistics MRC, the Global Satellite Payloads Market is accounted for $10.98 billion in 2017 and is expected to reach $26.51 billion by 2026 growing at a CAGR of 10.3% during the forecast period.

Rapid growth in hosted payloads, satellite miniaturization and major innovations in communication & navigation applications are some factors boosting the market growth. However, high expenditure on development is a major restraint hampering the market. Moreover, cost reduction in satellite and exposure of Over-The-Top platform in television industry will provide significant opportunities for the market growth over the forecast period.

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Based on the orbit type, the LEO (low earth orbit) segment is expected to lead the market, due to its wide variety of applications in earth observation, remote sensing, and mobile & telecommunication services. Every minute details of the earth surface can be observed through these satellites and that have boosted the importance. With low-risk entry to orbit, practical space quality, productive in-orbit data, and mission survival capability are the additional add on’s with these payloads. In many LEO and Geostationary Equatorial Orbit (GEO), hosted payload approach has been widely used.

In terms of geography, North America is expected to be the largest and the fastest growing market during the forecast period, owing to the presence of major key players and rising government investments on space technologies.

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Some of the key players in Satellite Payloads Market include SSL, Space Exploration Technologies Corporation, Viasat Inc., Boeing Company, Cobham PLC Harris Corporation, Harris Corporation, Intelsat General Corporation, Lockheed Martin Corporation, Thales Group, Raytheon Company, Mitsubishi Electric Corporation, jsat International Inc., Northrop Grumman Corporation, Orbital ATK, Inc., Pace Exploration Technologies Corp., Swedish Space Corporation, UTC Aerospace Systems and Airbus Group.

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Frequency Band covered:
• UHF & VHF Band
• X Band
• S & L Band
• C, K/KU/KA Band
• Other Frequency Band

Orbit Type covered:
• Geosynchronous Orbit (GEO)
• Low Earth Orbit (LEO)
• Medium Earth Orbit (MEO)

Vehicle Type Covered:
• Medium-To-Heavy Satellite
• Small Satellite

Payload Weight Type Covered:
• High Weight
• Medium Weight
• Low Weight

Payload Type Covered:
• Navigation Payload
• Imaging Payload
• Communication Payload
• Other Payload Type

Application Type Covered:
• Navigation
• Surveillance
• Remote Sensing
• Scientific Research
• Telecommunication

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Release ID: 317706