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Satellites Market by Satellite Mass (Small, Medium, Large), Application (Communication, Earth Observation & Remote Sensing), Orbit (LEO, MEO, GEO), End User, Sub-systems, Frequency and Region - Global Forecast to 2030
Market Report I 2024-11-13 I 307 Pages I MarketsandMarkets
The satellites market is estimated to be USD 17.94 billion in 2024 and is projected to reach USD 35.95 billion by 2030, at a CAGR of 12.3% between 2024 and 2030.
Increasing demand towards remote and underserved areas globally is the key driver for the satellite market as satellites enable high-speed internet with the support of 5G networks and IoT applications. Satellite miniaturization and low-cost launch vehicles are making satellites more accessible for deployment, thereby causing growth in a myriad of sectors. Of these sectors, defense and security are major contributors by increased investments in reconnaissance, surveillance, and secure communication satellites across the world for national security. Environmental monitoring, disaster management, and agriculture are increasingly demanding Earth observation satellites. Growing momentum of satellite-based navigation systems like GPS, public-private partnerships, and commercialization of space will further propel the market to a level wherein satellite services are indispensable for both commercial and government applications.
"LEO orbit segment is set to dominate the satellites market."
The LEO segment is to dominate the satellite market on account of optimum balance between coverage, latency, and cost-efficiency. LEO satellites are cost effective as compared to MEO counterparts and lower latencies than those of GEO satellites and, therefore, an optimal choice for applications like global navigation systems, mission-critical communications, and broadband services. Against the background of growing demand for high-speed internet in segments such as aviation, maritime, and rural connectivity, LEOs find more preference over other satellites due to reliability in offering low-latency services. Moreover, the technological advancements from satellite technologies such as digital payloads and beamforming improve the performance from the LEO satellites. This has driven them not only in the commercial spectrum but in the defense sector also, making LEO a significant growth area in the satellite market.
"Defense by application segment is estimated to grow at highest share in forecast period."
The defense application segment is a significant shareholder in the satellite market because of its fundamental role in national security, intelligence, and defense communications. Satellites provide critical support for surveillance, reconnaissance, and secure communication aspects of military operations by enabling real-time monitoring, gathering of intelligence, and systems for early warning. With the increase in rising geopolitical tensions, the complexity of modern warfare, and investments in SAR and optical imaging for high-resolution tracking, Governments are already shelling out big amounts for a variant of a satellite-based defense system. Demand increases there for a developed anti-satellite defense capability and to protect its space assets. By such significant investments by countries like the U.S., Russia, China, and India, defense holds the largest application segment in the satellite market.
"Asia Pacific is expected to hold the highest market share in 2024."
Asia Pacific is set to represent the largest share in the satellite market because of heavy investment by key economies such as China, India, Japan, and South Korea in telecommunications, defense, Earth observation, and space exploration. China's BRI and India's ISRO create both domestic and international demand for satellite deployment, but the accelerating growth is because of the high demand for broadband connectivity and 5G networks in underserved areas. Defense satellites for intelligence and surveillance are also gaining takers in this region due to a focus on national security. Besides, the public-private partnerships, the improved miniature satellites technology, and a favorable regulatory environment are strengthening Asia Pacific's position at the top of the satellite market.
The break-up of the profile of primary participants in the Satellites market:
- By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
- By Designation: C Level - 35%, Managers - 25%, Others - 40%
- By Region: North America - 20%, Europe - 25%, Asia Pacific - 35%, Middle East - 10%, Rest of the World - 10%
SPACEX (US), Lockheed Martin Corporation (US), Airbus Defence and Space (Germany), Northrop Grumman (US), Thales Alenia Space (France), L3Harris Technologies, Inc., (US) Terran Orbital Corporation (US), SNC (US), MDA (Canada), OHB SE (Germany), RTX (US), Maxar Technologies (US), Mitsubishi Electric Corporation (MELCO) (Japan), and Planet Labs PBC (US), York Space Systems (US) and Boeing (US) are some of the key players in the satellites market.
The study includes an in-depth competitive analysis of these key players in the satellites market, with their company profiles, recent developments, and key market strategies.
Research Coverage:
This research report categorizes the satellites market by satellite mass (small, medium, large), by end user (commercial, government & civil, defense), by orbit (LEO, MEO, GEO, other orbit), by application (communication, earth observation & remote sensing, other applications), by frequency (l-band, s-band, c-band, x-band, ku-band, ka-band, q/v/e band, hf/vhf/uhf-band, laser/optical), by sub-system (satellite bus, payloads, solar panels, satellite antenna, other sub-systems) and by region (North America, Europe, Asia Pacific, Middle East, and RoW). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the satellites market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, and recent developments associated with the satellites market. Competitive analysis of upcoming startups in the satellites market ecosystem is covered in this report.
Reasons to buy this report:
The report will enable market leaders/new entrants in the market to understand the approximate revenue numbers of the entire market and subsegments. This will help them in developing a complete understanding of the competitive landscape, making well-informed decisions that will place them in the market, and develop effective go-to-market strategies.This report provides several very valuable insights into market dynamics and offers such information concerning crucial factors as a driver, restraints, challenge, and opportunity in order to help different stakeholders gauge the pulse of the market.
The report provides insights on the following pointers:
- Analysis of the key driver (Expansion of public-private partnerships enhancing innovation and efficiency in space exploration, Heightened national security requirements driving investments in defense and intelligence satellites, Rising Commercialization of Low Earth Orbit (LEO) for Communication and Earth Observation Applications), restraint (Absence of unified regulations and government policies, Limited coverage and operational complexity of satellites), opportunities (Increasing government investments in space agencies, Rising demand for data analytics), and challenges (Increase in space debris, Complexity in advanced hybrid propulsion system development posing technical and operational challenges), several factors could contribute to an increase in the Satellites market.
- Market Penetration: Comprehensive information on Satellites solutions offered by the top players in the market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Satellites market
- Market Development: Comprehensive information about lucrative markets - the report analyses the satellites market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the satellites market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like SPACEX (US), Lockheed Martin Corporation (US), Airbus Defence and Space (Germany), Northrop Grumman (US), Thales Alenia Space (France), L3Harris Technologies, Inc., (US) Terran Orbital Corporation (US), SNC (US), MDA (Canada), OHB SE (Germany), RTX (US), Maxar Technologies (US), Mitsubishi Electric Corporation (MELCO) (Japan), and Planet Labs PBC (US), York Space Systems (US) and Boeing (US) among others in the satellites market
1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 MARKET DEFINITION 26
1.3 STUDY SCOPE 27
1.3.1 MARKET SEGMENTATION 27
1.3.2 INCLUSIONS AND EXCLUSIONS 28
1.4 YEARS CONSIDERED 28
1.5 CURRENCY CONSIDERED 28
1.6 STAKEHOLDERS 29
2 RESEARCH METHODOLOGY 30
2.1 RESEARCH DATA 30
2.1.1 SECONDARY DATA 31
2.1.1.1 Key data from secondary sources 32
2.1.2 PRIMARY DATA 32
2.1.2.1 Primary sources 32
2.1.2.2 Key data from primary sources 33
2.1.2.3 Breakdown of primary interviews 33
2.2 FACTOR ANALYSIS 34
2.2.1 INTRODUCTION 34
2.2.2 DEMAND-SIDE INDICATORS 34
2.2.3 SUPPLY-SIDE INDICATORS 34
2.3 MARKET SIZE ESTIMATION 35
2.3.1 BOTTOM-UP APPROACH 35
2.3.1.1 Market size estimation methodology (Demand side) 35
2.3.1.2 Market size illustration: US Earth observation small satellites market size 36
2.3.2 TOP-DOWN APPROACH 37
2.4 DATA TRIANGULATION 38
2.5 RESEARCH ASSUMPTIONS 39
2.6 RESEARCH LIMITATIONS 39
2.7 RISK ASSESSMENT 40
3 EXECUTIVE SUMMARY 41
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4 PREMIUM INSIGHTS 44
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SATELLITES MARKET 44
4.2 SATELLITES MARKET, BY END USER 44
4.3 SATELLITES MARKET, BY APPLICATION 45
4.4 SATELLITES MARKET, BY COUNTRY 45
5 MARKET OVERVIEW 46
5.1 INTRODUCTION 46
5.2 MARKET DYNAMICS 46
5.2.1 DRIVERS 47
5.2.1.1 Escalating demand for satellite-based PNT services in various sectors 47
5.2.1.2 Increase in public-private partnerships 47
5.2.1.3 Heightened national security requirements 47
5.2.1.4 Rising commercialization of Low Earth Orbit (LEO) for communication and Earth observation applications 48
5.2.2 RESTRAINTS 49
5.2.2.1 Absence of unified regulations and government policies 49
5.2.2.2 Limited coverage and operational complexity 49
5.2.3 OPPORTUNITIES 50
5.2.3.1 Increasing government investments in space agencies 50
5.2.3.2 Rising demand for data analytics 50
5.2.4 CHALLENGES 51
5.2.4.1 Increase in space debris 51
5.2.4.2 Complexity in advanced hybrid propulsion system development 51
5.2.4.3 Supply chain management issues 52
5.3 VALUE CHAIN ANALYSIS 52
5.4 TRENDS & DISRUPTIONS IMPACTING CUSTOMER BUSINESS 54
5.5 ECOSYSTEM ANALYSIS 54
5.5.1 PROMINENT COMPANIES 54
5.5.2 PRIVATE AND SMALL ENTERPRISES 54
5.5.3 END USERS 54
5.6 INVESTMENT AND FUNDING SCENARIO 56
5.7 PRICING ANALYSIS 57
5.7.1 AVERAGE SELLING PRICE, BY REGION 57
5.7.2 INDICATIVE PRICING ANALYSIS, BY SATELLITE MASS 58
5.8 REGULATORY LANDSCAPE 60
5.9 TRADE ANALYSIS 63
5.9.1 IMPORT SCENARIO (HS CODE 880260) 63
5.9.2 EXPORT SCENARIO (HS CODE 880260) 65
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5.10 KEY STAKEHOLDERS & BUYING CRITERIA 66
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS 66
5.10.2 BUYING CRITERIA 67
5.11 KEY CONFERENCES & EVENTS, 2024 68
5.12 USE CASE ANALYSIS 69
5.12.1 ICEYE USED ITS SAR SATELLITE CONSTELLATION TO DELIVER REAL-TIME, HIGH-RESOLUTION RADAR IMAGERY UNAFFECTED BY WEATHER CONDITIONS 69
5.12.2 ONEWEB COMPLETED DEPLOYMENT OF ITS LEO SATELLITE CONSTELLATION, OFFERING GLOBAL BROADBAND CONNECTIVITY 69
5.12.3 SPIRE GLOBAL LAUNCHED AN UPGRADED SERVICE INTEGRATING AIS (AUTOMATIC IDENTIFICATION SYSTEM) DATA WITH ADVANCED SATELLITE-BASED ANALYTICS 70
5.13 TECHNOLOGY ANALYSIS 70
5.13.1 KEY TECHNOLOGIES 70
5.13.1.1 Advanced power systems 70
5.13.1.2 Miniaturization 71
5.13.1.3 Space data analytics 71
5.13.2 COMPLEMENTARY TECHNOLOGIES 71
5.13.2.1 Quantum encryption for satellites 71
5.14 OPERATIONAL DATA 72
5.15 SATELLITES MARKET: BUSINESS MODELS 72
5.16 TOTAL COST OF OWNERSHIP 77
5.17 BILL OF MATERIALS 79
5.18 MACROECONOMIC OUTLOOK 82
5.18.1 INTRODUCTION 82
5.18.2 NORTH AMERICA 82
5.18.3 EUROPE 83
5.18.4 ASIA PACIFIC 83
5.18.5 MIDDLE EAST 83
5.18.6 LATIN AMERICA & AFRICA 83
5.19 IMPACT OF GENERATIVE AI 84
5.19.1 INTRODUCTION 84
5.19.2 ADOPTION OF AI IN SPACE BY TOP COUNTRIES 85
5.19.3 IMPACT OF AI ON SPACE: USE CASES 86
5.19.4 IMPACT OF AI ON SATELLITES MARKET 87
5.20 TECHNOLOGY ROADMAP 89
5.21 MARKET SCENARIO ANALYSIS 91
5.21.1 MARKET PERSPECTIVE THROUGH SATELLITES LAUNCHED IN DIFFERENT SCENARIOS 91
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6 INDUSTRY TRENDS 93
6.1 INTRODUCTION 93
6.2 TECHNOLOGY TRENDS 93
6.2.1 ADVANCED MATERIALS 94
6.2.2 ADDITIVE MANUFACTURING 94
6.2.3 GREEN PROPULSION SYSTEMS 94
6.2.4 SATELLITE-TO-CELL CONNECTIVITY 95
6.3 IMPACT OF MEGATRENDS 95
6.3.1 INDUSTRY 4.0 95
6.3.2 AI & ML INTEGRATION 95
6.3.3 SATELLITE-AS-A-SERVICE (SAAS) 96
6.4 SUPPLY CHAIN ANALYSIS 96
6.5 PATENT ANALYSIS 97
7 SATELLITES MARKET, BY SATELLITE MASS 102
7.1 INTRODUCTION 103
7.2 SMALL 104
7.2.1 NEED FOR ROBUST MISSION CAPABILITIES TO DRIVE MARKET 104
7.3 MEDIUM 106
7.3.1 NEED FOR TECHNOLOGICAL ADVANCEMENTS TO DRIVE MARKET 106
7.4 LARGE 108
7.4.1 DEMAND FOR HIGH-CAPACITY TELECOMMUNICATION AND BROADBAND SERVICES TO DRIVE MARKET 108
8 SATELLITES MARKET, BY APPLICATION 110
8.1 INTRODUCTION 111
8.2 COMMUNICATION 112
8.2.1 NEED FOR RELIABLE AND WIDESPREAD CONNECTIVITY TO DRIVE MARKET 112
8.2.2 COMMUNICATION: USE CASE 113
8.3 EARTH OBSERVATION & REMOTE SENSING 113
8.3.1 GROWING DEMAND FOR ACCURATE AND TIMELY DATA FOR ENVIRONMENTAL MONITORING TO DRIVE MARKET 113
8.3.2 EARTH OBSERVATION & REMOTE SENSING: USE CASE 114
8.4 OTHER APPLICATIONS 114
8.4.1 SCIENTIFIC RESEARCH 114
8.4.1.1 Satellites facilitate scientific research by helping researchers study meteorology and space observation 114
8.4.2 SCIENTIFIC RESEARCH: USE CASE 115
8.4.3 TECHNOLOGY 115
8.4.3.1 Extensive use of small satellites in missile tracking and threat detection to drive market 115
8.4.4 TECHNOLOGY: USE CASE 116
9 SATELLITES MARKET, BY END USER 117
9.1 INTRODUCTION 118
9.2 COMMERCIAL 119
9.2.1 SATELLITE OPERATORS/OWNERS 119
9.2.1.1 Growing demand for communication services to drive market 119
9.2.2 MEDIA & ENTERTAINMENT COMPANIES 120
9.2.2.1 Increasing demand for fast broadband connectivity to drive market 120
9.2.3 ENERGY SERVICE PROVIDERS 120
9.2.3.1 Enhanced operational efficiency and monitoring capabilities of satellites to drive market 120
9.2.4 SCIENTIFIC RESEARCH & DEVELOPMENT ORGANIZATIONS 120
9.2.4.1 Increasing use of satellites for data collection to drive market 120
9.2.5 OTHERS 120
9.3 GOVERNMENT & CIVIL 121
9.3.1 NATIONAL SPACE AGENCIES 121
9.3.1.1 Demand for advanced scientific knowledge and technological capabilities to drive market 121
9.3.2 SEARCH & RESCUE ENTITIES 121
9.3.2.1 Need for enhanced situational awareness and coordination to drive market 121
9.3.3 ACADEMIC & RESEARCH INSTITUTIONS 122
9.3.3.1 Need for data accessibility for scientific research and education to drive market 122
9.3.4 NATIONAL MAPPING & TOPOGRAPHIC AGENCIES 122
9.3.4.1 Increasing need for accurate and comprehensive geographic data collection to drive market 122
9.4 DEFENSE 122
9.4.1 DEPARTMENT OF DEFENSE & INTELLIGENCE AGENCIES 123
9.4.1.1 Focus on enhanced situational awareness and intelligence gathering to drive market 123
10 SATELLITES MARKET, BY ORBIT 124
10.1 INTRODUCTION 125
10.2 LEO 126
10.3 MEO 127
10.4 GEO 127
10.5 OTHER ORBITS 128
11 SATELLITES MARKET, BY SUBSYSTEM 129
11.1 INTRODUCTION 129
11.2 SATELLITE BUS 129
11.2.1 ATTITUDE & ORBITAL CONTROL SYSTEMS 129
11.2.1.1 Need for precision in satellite positioning to drive market 129
11.2.2 COMMAND & DATA HANDLING SYSTEMS 129
11.2.2.1 Growing complexity of satellite missions to drive market 129
11.2.3 ELECTRICAL POWER SYSTEMS 130
11.2.3.1 Focus on enhancing satellite performance to drive market 130
11.2.4 PROPULSION SYSTEMS 130
11.2.4.1 Chemical propulsion 130
11.2.4.1.1 Need for immediate thrust capabilities to drive market 130
11.2.4.2 Electric propulsion 130
11.2.4.2.1 Emphasis on enhancing propulsive performance of thrusters to drive market 130
11.2.4.3 Hybrid propulsion 131
11.2.4.3.1 Multi-phase missions requiring rapid maneuvers and long-duration station-keeping to drive market 131
11.2.5 TELEMETRY, TRACKING, AND COMMAND SYSTEMS 131
11.2.5.1 Increasing need for effective communication between satellites and ground stations to drive market 131
11.2.6 STRUCTURES 131
11.2.6.1 Expanding capabilities of structural subsystems to drive market 131
11.2.7 THERMAL SYSTEMS 132
11.2.7.1 Advancements in materials science and thermal management solutions to drive market 132
11.3 PAYLOADS 132
11.3.1 TRADITIONAL PAYLOADS 132
11.3.1.1 Growing demand for enhanced Earth observation capabilities in satellites to drive market 132
11.3.2 SOFTWARE-DEFINED PAYLOADS 133
11.3.2.1 Demand for effective product mapping in commercial industries to drive market 133
11.4 SOLAR PANELS 133
11.4.1 DEPLOYABLE 133
11.4.1.1 Increasing need for high power generation in satellites to drive market 133
11.4.2 STATIC 133
11.4.2.1 Rising demand for cost-effective and reliable solutions for satellite missions to drive market 133
11.5 SATELLITE ANTENNAS 134
11.5.1 SATELLITE ANTENNAS USE ULTRA-HIGH-FREQUENCY BAND THAT SUPPORTS WIDE RANGE OF FREQUENCIES 134
11.6 OTHER SUBSYSTEMS 134
12 SATELLITES MARKET, BY FREQUENCY 135
12.1 INTRODUCTION 135
12.2 L-BAND 135
12.2.1 ENHANCED SIGNAL RELIABILITY IN L-BAND FREQUENCIES TO DRIVE MARKET 135
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12.3 S-BAND 135
12.3.1 GROWING SCIENTIFIC MISSIONS TO DRIVE MARKET 135
12.4 C-BAND 135
12.4.1 DEMAND FOR ROBUST COMMUNICATION SERVICES FROM DEVELOPING REGIONS TO DRIVE MARKET 135
12.5 X-BAND 136
12.5.1 INCREASING GEOPOLITICAL TENSIONS TO DRIVE MARKET 136
12.6 KU-BAND 136
12.6.1 INCREASING NEED FOR HIGH-CAPACITY DATA TRANSMISSION AND BROADBAND INTERNET SERVICES TO DRIVE MARKET 136
12.7 KA-BAND 136
12.7.1 NEED FOR BACKHAUL SOLUTIONS WITH EXPANSION OF 5G TO DRIVE MARKET 136
12.8 Q/V/E-BAND 137
12.8.1 INCREASING DEMAND FOR ULTRA-HIGH-SPEED DATA SERVICES TO DRIVE MARKET 137
12.9 HF/VHF/UHF-BAND 137
12.9.1 NEED FOR LONG-RANGE COMMUNICATION TO DRIVE MARKET 137
12.10 LASER/OPTICAL BAND 137
12.10.1 DEVELOPMENT OF LASER COMMUNICATION TECHNOLOGY BY PROMINENT COMPANIES TO DRIVE MARKET 137
13 SATELLITES MARKET, BY REGION 138
13.1 INTRODUCTION 139
13.2 NORTH AMERICA 141
13.2.1 PESTLE ANALYSIS 141
13.2.2 US 145
13.2.2.1 Substantial government investments to drive market 145
13.2.3 CANADA 146
13.2.3.1 Government initiatives for space technology development to drive market 146
13.3 EUROPE 147
13.3.1 PESTLE ANALYSIS 148
13.3.2 RUSSIA 151
13.3.2.1 Governments strategic focus on space to drive market 151
13.3.3 UK 152
13.3.3.1 Need for prioritizing innovation in small satellite technologies to drive market 152
13.3.4 GERMANY 153
13.3.4.1 Emphasis on technological innovation and advanced engineering to drive market 153
13.3.5 FRANCE 155
13.3.5.1 Leadership in space research and satellite innovation to drive market 155
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13.3.6 ITALY 156
13.3.6.1 Focus on satellite manufacturing to drive market 156
13.4 ASIA PACIFIC 157
13.4.1 PESTLE ANALYSIS 157
13.4.2 CHINA 161
13.4.2.1 Focus on satellite-based infrastructure to drive market 161
13.4.3 INDIA 162
13.4.3.1 Emphasis on space accessibility to drive market 162
13.4.4 JAPAN 163
13.4.4.1 Precision technologies and resilience in space infrastructure to drive market 163
13.4.5 SOUTH KOREA 165
13.4.5.1 Focus on technological innovation and national security to drive market 165
13.4.6 AUSTRALIA 166
13.4.6.1 Space sustainability and regional space leadership to drive market 166
13.5 MIDDLE EAST 167
13.5.1 PESTLE ANALYSIS 167
13.5.2 GCC 171
13.5.2.1 UAE 171
13.5.2.1.1 Need to enhance space innovation and sovereign satellite capabilities to drive growth 171
13.5.2.2 Saudi Arabia 172
13.5.2.2.1 Focus on national development initiatives to encourage market growth 172
13.5.3 REST OF MIDDLE EAST 174
13.6 REST OF THE WORLD 175
13.6.1 LATIN AMERICA 178
13.6.1.1 Focus on enhanced broadband connectivity in underserved areas to drive market 178
13.6.2 AFRICA 179
13.6.2.1 Need to address connectivity gaps to drive market 179
14 COMPETITIVE LANDSCAPE 181
14.1 INTRODUCTION 181
14.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 20202024 181
14.3 REVENUE ANALYSIS, 20202023 184
14.4 MARKET SHARE ANALYSIS, 2023 184
14.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 188
14.5.1 STARS 188
14.5.2 EMERGING LEADERS 188
14.5.3 PERVASIVE PLAYERS 188
14.5.4 PARTICIPANTS 188
14.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 190
14.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 195
14.6.1 PROGRESSIVE COMPANIES 195
14.6.2 RESPONSIVE COMPANIES 195
14.6.3 DYNAMIC COMPANIES 195
14.6.4 STARTING BLOCKS 195
14.6.5 COMPETITIVE BENCHMARKING 197
14.7 COMPANY VALUATION AND FINANCIAL METRICS 199
14.8 BRAND/PRODUCT COMPARISON 200
14.9 COMPETITIVE SCENARIO AND TRENDS 201
14.9.1 PRODUCT LAUNCHES 201
14.9.2 DEALS 201
14.9.3 OTHER DEVELOPMENTS 205
15 COMPANY PROFILES 218
15.1 KEY PLAYERS 218
15.1.1 SPACEX 218
15.1.1.1 Business overview 218
15.1.1.2 Products/Solutions/Services offered 218
15.1.1.3 Recent developments 219
15.1.1.3.1 Other developments 219
15.1.1.4 MnM view 219
15.1.1.4.1 Right to win 219
15.1.1.4.2 Strategic choices 219
15.1.1.4.3 Weaknesses and competitive threats 220
15.1.2 LOCKHEED MARTIN CORPORATION 221
15.1.2.1 Business overview 221
15.1.2.2 Products/Solutions/Services offered 222
15.1.2.3 Recent developments 224
15.1.2.3.1 Other developments 224
15.1.2.4 MnM view 226
15.1.2.4.1 Right to win 226
15.1.2.4.2 Strategic choices 226
15.1.2.4.3 Weaknesses and competitive threats 226
15.1.3 AIRBUS DEFENCE AND SPACE 227
15.1.3.1 Business overview 227
15.1.3.2 Products/Solutions/Services offered 228
15.1.3.3 Recent developments 233
15.1.3.3.1 Deals 233
15.1.3.3.2 Other developments 233
15.1.3.4 MnM view 235
15.1.3.4.1 Right to win 235
15.1.3.4.2 Strategic choices 235
15.1.3.4.3 Weaknesses and competitive threats 235
15.1.4 NORTHROP GRUMMAN 236
15.1.4.1 Business overview 236
15.1.4.2 Products/Solutions/Services offered 237
15.1.4.3 Recent developments 239
15.1.4.3.1 Deals 239
15.1.4.3.2 Other developments 240
15.1.4.4 MnM view 240
15.1.4.4.1 Right to win 240
15.1.4.4.2 Strategic choices 241
15.1.4.4.3 Weaknesses and competitive threats 241
15.1.5 THALES ALENIA SPACE 242
15.1.5.1 Business overview 242
15.1.5.2 Products/Solutions/Services offered 243
15.1.5.3 Recent developments 245
15.1.5.3.1 Deals 245
15.1.5.3.2 Other developments 246
15.1.5.4 MnM view 248
15.1.5.4.1 Right to win 248
15.1.5.4.2 Strategic choices 248
15.1.5.4.3 Weaknesses and competitive threats 248
15.1.6 L3HARRIS TECHNOLOGIES, INC. 249
15.1.6.1 Business overview 249
15.1.6.2 Products/Solutions/Services offered 250
15.1.6.3 Recent developments 252
15.1.6.3.1 Deals 252
15.1.6.3.2 Other developments 253
15.1.7 MDA 254
15.1.7.1 Business overview 254
15.1.7.2 Products/Solutions/Services offered 255
15.1.7.3 Recent developments 256
15.1.7.3.1 Other developments 256
15.1.8 PLANET LABS PBC 257
15.1.8.1 Business overview 257
15.1.8.2 Products/Solutions/Services offered 258
15.1.8.3 Recent developments 258
15.1.8.3.1 Product launches 258
15.1.8.3.2 Deals 259
15.1.8.3.3 Other developments 260
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15.1.9 SNC 261
15.1.9.1 Business overview 261
15.1.9.2 Products/Solutions/Services offered 261
15.1.9.3 Recent developments 262
15.1.9.3.1 Other developments 262
15.1.10 MAXAR TECHNOLOGIES 263
15.1.10.1 Business overview 263
15.1.10.2 Products/Solutions/Services offered 264
15.1.10.3 Recent developments 266
15.1.10.3.1 Other developments 266
15.1.11 MITSUBISHI ELECTRIC CORPORATION 267
15.1.11.1 Business overview 267
15.1.11.2 Products/Solutions/Services offered 268
15.1.11.3 Recent developments 270
15.1.11.3.1 Other developments 270
15.1.12 RTX 271
15.1.12.1 Business overview 271
15.1.12.2 Products/Solutions/Services offered 272
15.1.12.3 Recent developments 274
15.1.12.3.1 Deals 274
15.1.12.3.2 Other developments 275
15.1.13 OHB SE 276
15.1.13.1 Business overview 276
15.1.13.2 Products/Solutions/Services offered 277
15.1.13.3 Recent developments 279
15.1.13.3.1 Deals 279
15.1.13.3.2 Other developments 279
15.1.14 BOEING 280
15.1.14.1 Business overview 280
15.1.14.2 Products/Solutions/Services offered 281
15.1.14.3 Recent developments 282
15.1.14.3.1 Other developments 282
15.1.15 TERRAN ORBITAL CORPORATION 283
15.1.15.1 Business overview 283
15.1.15.2 Products/Solutions/Services offered 284
15.1.15.3 Recent developments 285
15.1.15.3.1 Product launches 285
15.1.15.3.2 Deals 286
15.1.15.3.3 Other developments 286
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15.1.16 YORK SPACE SYSTEMS 288
15.1.16.1 Business overview 288
15.1.16.2 Products/Solutions/Services offered 288
15.1.16.3 Recent developments 289
15.1.16.3.1 Other developments 289
15.2 OTHER PLAYERS 290
15.2.1 AEROSPACELAB 290
15.2.2 ENDUROSAT 291
15.2.3 NANOAVIONICS 292
15.2.4 ASTRANIS 293
15.2.5 ICEYE 294
15.2.6 PIXXEL 295
15.2.7 FLEET SPACE TECHNOLOGIES PTY LTD 296
15.2.8 KUIPER SYSTEMS LLC 296
15.2.9 ALEN SPACE 297
15.2.10 SKYKRAFT PTY LTD 298
15.2.11 ARGOTEC S.R.L. 299
16 APPENDIX 300
16.1 DISCUSSION GUIDE 300
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 302
16.3 CUSTOMIZATION OPTIONS 304
16.4 RELATED REPORTS 304
16.5 ANNEXURE 305
16.6 AUTHOR DETAILS 306
TABLE 1 USD EXCHANGE RATES, 2019-2023 29
TABLE 2 SATELLITE CONSTELLATIONS INTO LEO ORBIT, BY OWNER 48
TABLE 3 ROLE OF COMPANIES IN ECOSYSTEM 55
TABLE 4 INDICATIVE PRICING LEVELS OF SATELLITES, BY SATELLITE MASS (USD MILLION) 59
TABLE 5 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 60
TABLE 6 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 60
TABLE 7 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 61
TABLE 8 MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 62
TABLE 9 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 62
TABLE 10 IMPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, BY COUNTRY, 2020-2023 (USD THOUSAND) 64
TABLE 11 EXPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, BY COUNTRY, 2020-2023 (USD THOUSAND) 65
TABLE 12 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER (%) 66
TABLE 13 KEY BUYING CRITERIA, BY APPLICATION 67
TABLE 14 KEY CONFERENCES & EVENTS, 2024 68
TABLE 15 ACTIVE FLEETS OF SMALL SATELLITES, BY COUNTRY, 2020-2023 (UNITS) 72
TABLE 16 COMPARISON BETWEEN BUSINESS MODELS 74
TABLE 17 TOTAL COST OF OWNERSHIP: COMPARISON BETWEEN SATELLITES 77
TABLE 18 AVERAGE TOTAL COST OF OWNERSHIP FOR SATELLITES, BY SATELLITE
MASS (USD MILLION) 79
TABLE 19 BILL OF MATERIALS ANALYSIS FOR SATELLITES 79
TABLE 20 BILL OF MATERIALS: COMPARISON BETWEEN SATELLITES 81
TABLE 21 IMPACT OF AI ON SPACE APPLICATIONS 87
TABLE 22 PATENT ANALYSIS, 2022-2023 98
TABLE 23 SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (USD MILLION) 103
TABLE 24 SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (USD MILLION) 103
TABLE 25 SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 104
TABLE 26 SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 104
TABLE 27 PLANNED SATELLITE LAUNCHES FOR MAJOR SATELLITE CONSTELLATIONS,
BY KEY PLAYER, 2024-2030 (UNITS) 104
TABLE 28 STARLINK V1.5: SPECIFICATIONS 105
TABLE 29 S-CLASS SATELLITE: SPECIFICATIONS 106
TABLE 30 SMARTLEO AGILE: SPECIFICATIONS 107
TABLE 31 THALES ALENIA SPACE (TAS) LEO 2000: SPECIFICATIONS 107
TABLE 32 THALES ALENIA SPACE (TAS) SPACEBUS 4000: SPECIFICATIONS 108
TABLE 33 BOEING 702X: SPECIFICATIONS 109
TABLE 34 SATELLITES MARKET, BY APPLICATION, 2020-2023 (USD MILLION) 111
TABLE 35 SATELLITES MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 111
TABLE 36 SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 112
TABLE 37 SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 112
TABLE 38 SATELLITES MARKET, BY END USER, 2020-2023 (USD MILLION) 118
TABLE 39 SATELLITES MARKET, BY END USER, 2024-2030 (USD MILLION) 118
TABLE 40 SATELLITES MARKET, BY END USER, 2020-2023 (UNITS) 119
TABLE 41 SATELLITES MARKET, BY END USER, 2024-2030 (UNITS) 119
TABLE 42 SATELLITES MARKET, BY ORBIT, 2020-2023 (USD MILLION) 125
TABLE 43 SATELLITES MARKET, BY ORBIT, 2024-2030 (USD MILLION) 126
TABLE 44 SATELLITES MARKET, BY ORBIT, 2020-2023 (UNITS) 126
TABLE 45 SATELLITES MARKET, BY ORBIT, 2024-2030 (UNITS) 126
TABLE 46 SATELLITES MARKET, BY REGION, 2020-2023 (USD MILLION) 139
TABLE 47 SATELLITES MARKET, BY REGION, 2024-2030 (USD MILLION) 140
TABLE 48 SATELLITES MARKET, BY REGION, 2020-2023 (UNITS) 140
TABLE 49 SATELLITES MARKET, BY REGION, 2024-2030 (UNITS) 140
TABLE 50 NORTH AMERICA: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 143
TABLE 51 NORTH AMERICA: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 144
TABLE 52 NORTH AMERICA: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 144
TABLE 53 NORTH AMERICA: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 144
TABLE 54 NORTH AMERICA: SATELLITES MARKET, BY COUNTRY, 2020-2023 (UNITS) 144
TABLE 55 NORTH AMERICA: SATELLITES MARKET, BY COUNTRY, 2024-2030 (UNITS) 145
TABLE 56 US: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 145
TABLE 57 US: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 145
TABLE 58 US: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 146
TABLE 59 US: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 146
TABLE 60 CANADA: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 146
TABLE 61 CANADA: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 147
TABLE 62 CANADA: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 147
TABLE 63 CANADA: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 147
TABLE 64 EUROPE: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 149
TABLE 65 EUROPE: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 150
TABLE 66 EUROPE: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 150
TABLE 67 EUROPE: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 150
TABLE 68 EUROPE: SATELLITES MARKET, BY COUNTRY, 2020-2023 (UNITS) 150
TABLE 69 EUROPE: SATELLITES MARKET, BY COUNTRY, 2024-2030 (UNITS) 151
TABLE 70 RUSSIA: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 151
TABLE 71 RUSSIA: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 151
TABLE 72 RUSSIA: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 152
TABLE 73 RUSSIA: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 152
TABLE 74 UK: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 152
TABLE 75 UK: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 153
TABLE 76 UK: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 153
TABLE 77 UK: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 153
TABLE 78 GERMANY: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 154
TABLE 79 GERMANY: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 154
TABLE 80 GERMANY: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 154
TABLE 81 GERMANY: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 154
TABLE 82 FRANCE: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 155
TABLE 83 FRANCE: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 155
TABLE 84 FRANCE: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 155
TABLE 85 FRANCE: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 156
TABLE 86 ITALY: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 156
TABLE 87 ITALY: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 156
TABLE 88 ITALY: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 157
TABLE 89 ITALY: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 157
TABLE 90 ASIA PACIFIC: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 159
TABLE 91 ASIA PACIFIC: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 160
TABLE 92 ASIA PACIFIC: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 160
TABLE 93 ASIA PACIFIC: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 160
TABLE 94 ASIA PACIFIC: SATELLITES MARKET, BY COUNTRY, 2020-2023 (UNITS) 160
TABLE 95 ASIA PACIFIC: SATELLITES MARKET, BY COUNTRY, 2024-2030 (UNITS) 161
TABLE 96 CHINA: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 161
TABLE 97 CHINA: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 161
TABLE 98 CHINA: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 162
TABLE 99 CHINA: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 162
TABLE 100 INDIA: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 162
TABLE 101 INDIA: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 163
TABLE 102 INDIA: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 163
TABLE 103 INDIA: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 163
TABLE 104 JAPAN: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 164
TABLE 105 JAPAN: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 164
TABLE 106 JAPAN: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 164
TABLE 107 JAPAN: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 164
TABLE 108 SOUTH KOREA: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 165
TABLE 109 SOUTH KOREA: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 165
TABLE 110 SOUTH KOREA: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 165
TABLE 111 SOUTH KOREA: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 166
TABLE 112 AUSTRALIA: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 166
TABLE 113 AUSTRALIA: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 166
TABLE 114 AUSTRALIA: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 167
TABLE 115 AUSTRALIA: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 167
TABLE 116 MIDDLE EAST: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 169
TABLE 117 MIDDLE EAST: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 170
TABLE 118 MIDDLE EAST: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 170
TABLE 119 MIDDLE EAST: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 170
TABLE 120 MIDDLE EAST: SATELLITES MARKET, BY COUNTRY, 2020-2023 (UNITS) 170
TABLE 121 MIDDLE EAST: SATELLITES MARKET, BY COUNTRY, 2024-2030 (UNITS) 171
TABLE 122 UAE: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 171
TABLE 123 UAE: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 172
TABLE 124 UAE: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 172
TABLE 125 UAE: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 172
TABLE 126 SAUDI ARABIA: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 173
TABLE 127 SAUDI ARABIA: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 173
TABLE 128 SAUDI ARABIA: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 173
TABLE 129 SAUDI ARABIA: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 173
TABLE 130 REST OF MIDDLE EAST: SATELLITES MARKET, BY SATELLITE MASS,
2020-2023 (UNITS) 174
TABLE 131 REST OF MIDDLE EAST: SATELLITES MARKET, BY SATELLITE MASS,
2024-2030 (UNITS) 174
TABLE 132 REST OF MIDDLE EAST: SATELLITES MARKET, BY APPLICATION,
2020-2023 (UNITS) 174
TABLE 133 REST OF MIDDLE EAST: SATELLITES MARKET, BY APPLICATION,
2024-2030 (UNITS) 175
TABLE 134 REST OF THE WORLD: SATELLITES MARKET, BY SATELLITE MASS,
2020-2023 (UNITS) 176
TABLE 135 REST OF THE WORLD: SATELLITES MARKET, BY SATELLITE MASS,
2024-2030 (UNITS) 177
TABLE 136 REST OF THE WORLD: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 177
TABLE 137 REST OF THE WORLD: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 177
TABLE 138 REST OF THE WORLD: SATELLITES MARKET, BY REGION, 2020-2023 (UNITS) 177
TABLE 139 REST OF THE WORLD: SATELLITES MARKET, BY REGION, 2024-2030 (UNITS) 178
TABLE 140 LATIN AMERICA: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 178
TABLE 141 LATIN AMERICA: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 178
TABLE 142 LATIN AMERICA: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 179
TABLE 143 LATIN AMERICA: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 179
TABLE 144 AFRICA: SATELLITES MARKET, BY SATELLITE MASS, 2020-2023 (UNITS) 179
TABLE 145 AFRICA: SATELLITES MARKET, BY SATELLITE MASS, 2024-2030 (UNITS) 180
TABLE 146 AFRICA: SATELLITES MARKET, BY APPLICATION, 2020-2023 (UNITS) 180
TABLE 147 AFRICA: SATELLITES MARKET, BY APPLICATION, 2024-2030 (UNITS) 180
TABLE 148 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020-2024 181
TABLE 149 SATELLITES MARKET: DEGREE OF COMPETITION 185
TABLE 150 VOLUME BREAKDOWN FOR SATELLITES LAUNCHED IN 2023 187
TABLE 151 END USER FOOTPRINT 191
TABLE 152 ORBIT FOOTPRINT 192
TABLE 153 SATELLITE MASS FOOTPRINT 193
TABLE 154 REGIONAL FOOTPRINT 194
TABLE 155 DETAILED LIST OF STARTUPS/SMES 197
TABLE 156 COMPETITIVE BENCHMARKING OF STARTUPS/SMES 198
TABLE 157 SATELLITES MARKET: PRODUCT LAUNCHES, JANUARY 2020-OCTOBER 2024 201
TABLE 158 SATELLITES MARKET: DEALS, JANUARY 2020-OCTOBER 2024 201
TABLE 159 SATELLITES MARKET: OTHER DEVELOPMENTS, JANUARY 2020-OCTOBER 2024 205
TABLE 160 SPACEX: COMPANY OVERVIEW 218
TABLE 161 SPACEX: PRODUCTS/SOLUTIONS/SERVICES OFFERED 218
TABLE 162 SPACEX: OTHER DEVELOPMENTS 219
TABLE 163 LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW 221
TABLE 164 LOCKHEED MARTIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 222
TABLE 165 LOCKHEED MARTIN CORPORATION: OTHER DEVELOPMENTS 224
TABLE 166 AIRBUS DEFENCE AND SPACE: COMPANY OVERVIEW 227
TABLE 167 AIRBUS DEFENCE AND SPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 228
TABLE 168 AIRBUS DEFENCE AND SPACE: DEALS 233
TABLE 169 AIRBUS DEFENCE AND SPACE: OTHER DEVELOPMENTS 233
TABLE 170 NORTHROP GRUMMAN: COMPANY OVERVIEW 236
TABLE 171 NORTHROP GRUMMAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED 237
TABLE 172 NORTHROP GRUMMAN: DEALS 239
TABLE 173 NORTHROP GRUMMAN: OTHER DEVELOPMENTS 240
TABLE 174 THALES ALENIA SPACE: COMPANY OVERVIEW 242
TABLE 175 THALES ALENIA SPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 243
TABLE 176 THALES ALENIA SPACE: DEALS 245
TABLE 177 THALES ALENIA SPACE: OTHER DEVELOPMENTS 246
TABLE 178 L3HARRIS TECHNOLOGIES, INC.: COMPANY OVERVIEW 249
TABLE 179 L3HARRIS TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 250
TABLE 180 L3HARRIS TECHNOLOGIES, INC.: DEALS 252
TABLE 181 L3HARRIS TECHNOLOGIES, INC.: OTHER DEVELOPMENTS 253
TABLE 182 MDA: COMPANY OVERVIEW 254
TABLE 183 MDA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 255
TABLE 184 MDA: OTHER DEVELOPMENTS 256
TABLE 185 PLANET LABS PBC: COMPANY OVERVIEW 257
TABLE 186 PLANET LABS PBC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 258
TABLE 187 PLANET LABS PBC: PRODUCT LAUNCHES 258
TABLE 188 PLANET LABS PBC: DEALS 259
TABLE 189 PLANET LABS PBC: OTHER DEVELOPMENTS 260
TABLE 190 SNC: COMPANY OVERVIEW 261
TABLE 191 SNC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 261
TABLE 192 SNC: OTHER DEVELOPMENTS 262
TABLE 193 MAXAR TECHNOLOGIES: COMPANY OVERVIEW 263
TABLE 194 MAXAR TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 264
TABLE 195 MAXAR TECHNOLOGIES: OTHER DEVELOPMENTS 266
TABLE 196 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW 267
TABLE 197 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 268
TABLE 198 MITSUBISHI ELECTRIC CORPORATION: OTHER DEVELOPMENTS 270
TABLE 199 RTX: COMPANY OVERVIEW 271
TABLE 200 RTX: PRODUCTS/SOLUTIONS/SERVICES OFFERED 272
TABLE 201 RTX: DEALS 274
TABLE 202 RTX: OTHER DEVELOPMENTS 275
TABLE 203 OHB SE: COMPANY OVERVIEW 276
TABLE 204 OHB SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 277
TABLE 205 OHB SE: DEALS 279
TABLE 206 OHB SE: OTHER DEVELOPMENTS 279
TABLE 207 BOEING: COMPANY OVERVIEW 280
TABLE 208 BOEING: PRODUCTS/SOLUTIONS/SERVICES OFFERED 281
TABLE 209 BOEING: OTHER DEVELOPMENTS 282
TABLE 210 TERRAN ORBITAL CORPORATION: COMPANY OVERVIEW 283
TABLE 211 TERRAN ORBITAL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 284
TABLE 212 TERRAN ORBITAL CORPORATION: PRODUCT LAUNCHES 285
TABLE 213 TERRAN ORBITAL CORPORATION: DEALS 286
TABLE 214 TERRAN ORBITAL CORPORATION: OTHER DEVELOPMENTS 286
TABLE 215 YORK SPACE SYSTEMS: COMPANY OVERVIEW 288
TABLE 216 YORK SPACE SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 288
TABLE 217 YORK SPACE SYSTEMS: OTHER DEVELOPMENTS 289
TABLE 218 AEROSPACELAB: COMPANY OVERVIEW 290
TABLE 219 ENDUROSAT: COMPANY OVERVIEW 291
TABLE 220 NANOAVIONICS: COMPANY OVERVIEW 292
TABLE 221 ASTRANIS: COMPANY OVERVIEW 293
TABLE 222 ICEYE: COMPANY OVERVIEW 294
TABLE 223 PIXXEL: COMPANY OVERVIEW 295
TABLE 224 FLEET SPACE TECHNOLOGIES PTY LTD: COMPANY OVERVIEW 296
TABLE 225 KUIPER SYSTEMS LLC: COMPANY OVERVIEW 296
TABLE 226 ALEN SPACE: COMPANY OVERVIEW 297
TABLE 227 SKYKRAFT: COMPANY OVERVIEW 298
TABLE 228 ARGOTEC S.R.L.: COMPANY OVERVIEW 299
TABLE 229 SATELLITES MARKET: OTHER MAPPED COMPANIES 305
FIGURE 1 RESEARCH DESIGN MODEL 30
FIGURE 2 RESEARCH DESIGN 31
FIGURE 3 BOTTOM-UP APPROACH 36
FIGURE 4 TOP-DOWN APPROACH 37
FIGURE 5 DATA TRIANGULATION 38
FIGURE 6 SMALL SEGMENT TO BE LARGEST MARKET DURING FORECAST PERIOD 41
FIGURE 7 COMMUNICATION SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD 42
FIGURE 8 LEO SEGMENT TO ACQUIRE MAXIMUM SHARE DURING FORECAST PERIOD 42
FIGURE 9 ASIA PACIFIC TO BE LARGEST MARKET IN 2024 43
FIGURE 10 INCREASING USE OF SMALL SATELLITES FOR TRACKING, MONITORING,
AND SURVEILLANCE TO DRIVE MARKET GROWTH 44
FIGURE 11 COMMERCIAL SEGMENT TO BE DOMINANT SEGMENT IN 2024 44
FIGURE 12 COMMUNICATION SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 45
FIGURE 13 INDIA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 45
FIGURE 14 SATELLITES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 46
FIGURE 15 SPACE JUNK ANALYSIS, 2023 51
FIGURE 16 VALUE CHAIN ANALYSIS 52
FIGURE 17 TRENDS & DISRUPTIONS IMPACTING CUSTOMER BUSINESS 54
FIGURE 18 ECOSYSTEM ANALYSIS 55
FIGURE 19 VENTURE CAPITAL FUNDING, 2019-2023 (USD BILLION) 56
FIGURE 20 EQUITY INVESTMENT IN SATELLITES, BY INVESTOR TYPE, 2023 57
FIGURE 21 SATELLITES MARKET: AVERAGE SELLING PRICE, BY REGION,
2020-2023 (USD MILLION) 58
FIGURE 22 INDICATIVE PRICING ANALYSIS, BY SATELLITE MASS 59
FIGURE 23 IMPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, BY COUNTRY, 2020-2023 (USD THOUSAND) 63
FIGURE 24 EXPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, BY COUNTRY, 2020-2023 (USD THOUSAND) 65
FIGURE 25 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER 66
FIGURE 26 KEY BUYING CRITERIA, BY APPLICATION 67
FIGURE 27 SATELLITES MARKET: BUSINESS MODELS 73
FIGURE 28 BUSINESS MODELS IN SATELLITE MANUFACTURING 75
FIGURE 29 BREAKDOWN OF TOTAL COST OF OWNERSHIP 78
FIGURE 30 OVERALL COST OF OWNERSHIP FOR DIFFERENT SATELLITE PLATFORMS 78
FIGURE 31 BILL OF MATERIALS FOR LARGE SATELLITES 80
FIGURE 32 BILL OF MATERIALS FOR MEDIUM SATELLITES 80
FIGURE 33 BILL OF MATERIALS FOR SMALL SATELLITES 81
FIGURE 34 ADOPTION OF AI IN SPACE 84
FIGURE 35 ADOPTION OF AI IN SPACE, BY TOP COUNTRY 85
FIGURE 36 IMPACT OF AI ON SATELLITE PLATFORMS 87
FIGURE 37 IMPACT OF AI ON SATELLITES MARKET 88
FIGURE 38 TECHNOLOGY ROADMAP 89
FIGURE 39 EVOLUTION OF SATELLITE TECHNOLOGIES 90
FIGURE 40 EMERGING TECHNOLOGY TRENDS 90
FIGURE 41 SATELLITE LAUNCHES, 2025-2030 91
FIGURE 42 TECHNOLOGY TRENDS 93
FIGURE 43 SUPPLY CHAIN ANALYSIS 97
FIGURE 44 PATENT ANALYSIS, 2013-2023 97
FIGURE 45 SATELLITES MARKET, BY SATELLITE MASS, 2024 VS. 2030 (UNITS) 103
FIGURE 46 SATELLITES MARKET, BY APPLICATION, 2024 VS. 2030 (UNITS) 111
FIGURE 47 SATELLITES MARKET, BY END USER, 2024 VS. 2030 (UNITS) 118
FIGURE 48 SATELLITES MARKET, BY ORBIT, 2024 VS. 2030 (UNITS) 125
FIGURE 49 SATELLITES MARKET, BY REGION 139
FIGURE 50 NORTH AMERICA: SATELLITES MARKET SNAPSHOT 143
FIGURE 51 EUROPE: SATELLITES MARKET SNAPSHOT 149
FIGURE 52 ASIA PACIFIC: SATELLITES MARKET SNAPSHOT 159
FIGURE 53 MIDDLE EAST: SATELLITES MARKET SNAPSHOT 169
FIGURE 54 REST OF THE WORLD: SATELLITES MARKET SNAPSHOT 176
FIGURE 55 REVENUE ANALYSIS OF TOP FOUR PLAYERS, 2020-2023 (USD BILLION) 184
FIGURE 56 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023 185
FIGURE 57 VOLUME ANALYSIS OF SATELLITES LAUNCHED IN 2023 187
FIGURE 58 SATELLITES MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 189
FIGURE 59 COMPANY FOOTPRINT 190
FIGURE 60 SATELLITES MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 196
FIGURE 61 COMPANY VALUATION, 2023 199
FIGURE 62 EV/EBITDA, 2023 199
FIGURE 63 BRAND/PRODUCT COMPARISON 200
FIGURE 64 LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT 222
FIGURE 65 AIRBUS DEFENCE AND SPACE: COMPANY SNAPSHOT 228
FIGURE 66 NORTHROP GRUMMAN: COMPANY SNAPSHOT 237
FIGURE 67 THALES ALENIA SPACE: COMPANY SNAPSHOT 243
FIGURE 68 L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT 250
FIGURE 69 MDA: COMPANY SNAPSHOT 255
FIGURE 70 PLANET LABS PBC: COMPANY SNAPSHOT 257
FIGURE 71 MAXAR TECHNOLOGIES: COMPANY SNAPSHOT 264
FIGURE 72 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT 268
FIGURE 73 RTX: COMPANY SNAPSHOT 272
FIGURE 74 OHB SE: COMPANY SNAPSHOT 277
FIGURE 75 BOEING: COMPANY SNAPSHOT 281
FIGURE 76 TERRAN ORBITAL CORPORATION: COMPANY SNAPSHOT 284
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Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
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- Confirm Content
- Prices / Formats / Delivery
- Prices
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All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
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- Discounts
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As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
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- Available Currencies
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Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
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- Licenses
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License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
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- Global Site License
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The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
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- Formats
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The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
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- Delivery
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Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
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- Shipping Charges
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As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
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- Prices
- Ordering
- By Credit Card
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We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
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- By Money Transfer
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If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
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- By Credit Card
- Security
- Website security
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We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
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- Credit Card Security
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We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
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- Website security