Military Satellite Market

By Type;

Nano-Micro, Small, Medium and Heavy

By Orbit Type;

LEO, MEO and GEO

By Offering;

Satellite Manufacturing, Launch Services and Operational Services

By Satellite Component;

Structures, Payload, Electric Power System, Instrument Control Unit, Propulsion System, Thermal Control Subsystem, Communication System and Others

By Application;

Intelligence, Surveillance, Reconnaissance (ISR), Communication and Navigation

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn369074260 Published Date: August, 2025 Updated Date: September, 2025

Military Satellite Market Overview

Military Satellite Market (USD Million)

Military Satellite Market was valued at USD 60,654.37 million in the year 2024. The size of this market is expected to increase to USD 85,346.79 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Military Satellite Market

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 60,654.37 Million
Market Size (2031)USD 85,346.79 Million
Market ConcentrationMedium
Report Pages397
60,654.37
2024
85,346.79
2031

Major Players

  • The Boeing Company
  • Thales Alenia Space
  • Airbus SE
  • Northrop Grumman Corporation
  • Lockheed Martin Corporation
  • Raytheon Company
  • Indian Space Research Organisation
  • ISS-Reshetnev
  • Mitsubishi Electric Corporation
  • OHB SE
  • Elbit System Ltd
  • Viasat Inc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Military Satellite Market

Fragmented - Highly competitive market without dominant players



The Military Satellite Market is experiencing strong momentum as defense forces increasingly rely on advanced space technologies. More than 55% of modern defense operations are now supported by satellite systems, making them essential for communication, surveillance, and strategic missions. Their ability to deliver seamless global coverage strengthens defense efficiency in complex environments.

Growing Adoption of Surveillance Systems
The need for real-time reconnaissance is fueling the demand for surveillance satellites. Around 48% of defense budgets directed toward space programs are invested in intelligence and monitoring satellites, offering high-resolution imaging for enhanced mission planning. This shift highlights the pivotal role of satellites in modern battlefield dominance.

Strengthening Navigation and Positioning
Military satellites play a vital role in navigation accuracy, enabling forces to track assets and coordinate operations with precision. Close to 60% of mission strategies depend on satellite-guided systems, ensuring reliability in high-risk operations. This increasing reliance demonstrates their significance in supporting tactical mobility.

Focus on Secure Communication Channels
Ensuring secure and encrypted communication is a critical priority for defense sectors worldwide. Over 52% of defense communication infrastructure now integrates satellite-enabled networks, providing resilience against external threats. This capability reinforces the importance of satellites in protecting mission-critical data.

Promising Growth Prospects
With continuous advancements in space defense technologies, the military satellite market is projected to grow steadily. Nearly 45% of new defense initiatives emphasize satellite integration, pointing to its expanding role in future military frameworks. Ongoing innovation, combined with rising security needs, ensures strong growth opportunities ahead.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Orbit
    3. Market Snapshot, By Offering
    4. Market Snapshot, By Satellite Component
    5. Market Snapshot, By Application
    6. Market Snapshot, By Region
  4. 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. Military Satellite Market, By Type, 2021 - 2031 (USD Million)
      1. Nano-Micro
      2. Small
      3. Medium
      4. Heavy
    2. Military Satellite Market, By Orbit Type, 2021 - 2031 (USD Million)

      1. LEO

      2. MEO

      3. GEO

    3. Military Satellite Market, By Satellite Component, 2021 - 2031 (USD Million)
      1. Satellite Manufacturing
      2. Launch Services
      3. Operational Services
    4. Military Satellite Market, By Application, 2021 - 2031 (USD Million)
      1. Structures
      2. Payload
      3. Electric Power System
      4. Instrument Control Unit
      5. Propulsion System
      6. Thermal Control Subsystem
      7. Communication System
      8. Others
    5. Military Satellite Market, By Geography, 2021 - 2031 (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