Global Military Satellite Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Orbit Class;

GEO, LEO, and MEO.

By Satellite Subsystem;

Propulsion Hardware and Propellant, Satellite Bus & Subsystems, Solar Array & Power Hardware, Structures, Harness, and Mechanisms.

By Application;

Communication, Earth Observation, Navigation, Space Observation, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn369074260 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Military Satellite Market (USD Million), 2020 - 2030

In the year 2023, the Global Military Satellite Market was valued at USD 57,766.07 million. The size of this market is expected to increase to USD 81,282.65 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global military satellite market is a vital component of modern defense strategies, supporting critical communication, reconnaissance, navigation, and surveillance functions for military forces across the globe. Military satellites are indispensable assets that enable secure and reliable communication networks, facilitate real-time intelligence gathering, and enhance precision targeting capabilities. As geopolitical dynamics evolve and security challenges become more complex, the demand for advanced military satellite systems continues to rise, driving ongoing innovation and substantial investment in satellite technology.

In recent years, the global military satellite market has experienced significant advancements propelled by technological breakthroughs and evolving defense requirements. Satellites now play diverse roles in military operations, ranging from facilitating battlefield communication and command systems to monitoring hostile activities and providing early warning against missile threats. Integration of satellite data with other defense systems, such as unmanned aerial vehicles (UAVs) and ground-based assets, further enhances military capabilities, fostering seamless joint operations across multiple operational domains.

Key stakeholders in the military satellite market include prominent aerospace and defense contractors, satellite manufacturers, and service providers. These industry leaders continually develop and deploy sophisticated satellite systems tailored to meet specific military needs. These systems encompass high-resolution imaging satellites, secure communication satellites, and satellite constellations optimized for global coverage. As nations strive to modernize their defense infrastructures and harness space-based assets for strategic advantage in an increasingly dynamic security landscape, the global military satellite market is poised for continued expansion and innovation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Orbit Class
    2. Market Snapshot, By Satellite Susystem
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Military Satellite Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Technological Advancements in Satellite Systems
        2. Increased Emphasis on Communication and Connectivity
        3. Geopolitical Instability and National Security Concerns
      2. Restraints:
        1. Limited Access to Advanced Technologies
        2. Vulnerabilities to Anti-Satellite Threats
        3. Spectrum Allocation and Frequency Interference
      3. Opportunities:
        1. Growth in Commercial Space Partnerships
        2. Advancements in Cybersecurity and Resilience
        3. Increasing Demand for Satellite Constellations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Military Satellite Market, By Orbit Class, 2020 - 2030 (USD Million)
      1. GEO
      2. LEO
      3. MEO
    2. Global Military Satellite Market, By Satellite Susystem, 2020 - 2030 (USD Million)
      1. Propulsion Hardware and Propellant
      2. Satellite Bus & Subsystems
      3. Solar Array & Power Hardware
      4. Structures
      5. Harness
      6. Mechanisms
    3. Global Military Satellite Market, By Application, 2020 - 2030 (USD Million)
      1. Communication
      2. Earth Observation
      3. Navigation
      4. Space Observation
      5. Others
    4. Global Military Satellite Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. The Boeing Company
      2. Thales Alenia Space
      3. Airbus SE
      4. Northrop Grumman Corporation
      5. Lockheed Martin Corporation
      6. Raytheon Company
      7. Indian Space Research Organisation
      8. ISS-Reshetnev
      9. Mitsubishi Electric Corporation
      10. OHB SE
      11. Elbit System Ltd
      12. Viasat Inc
  7. Analyst Views
  8. Future Outlook of the Market

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