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Military Satellite Market 2017-2021

  • Published: Aug 2017
  • Pages: 68
  • SKU: IRTNTR14038
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This industry research report identifies Boeing, IAI, Northrop Grumman, Thales Alenia Space, and Raytheon as the key vendors in the global military satellite market. This industry research report also presents a competitive analysis of the market by satellite type (ISR, communication, and navigation) and by geography (the Americas, APAC, and EMEA).

Overview of the global military satellite market

Technavio’s market research analysis identifies the growing investment in SAR satellites as one of the primary growth factors for the military satellite market. The synthetic aperture radar (SAR) satellites combine circulated radar signals and complex digital processing for creating high-resolution images of landscapes or terrains and have the ability to operate in all weather conditions.  SAR satellites in the defense applications are primarily used for mapping out the terrain, locating enemy vehicles, and spotting both friendly and hostile forces. Several defense agencies are making large investments for the effective acquisition of intelligence imagery for evolving security concerns. Our market research analysts predict that this market will to grow steadily at a CAGR of around 6% by 2021.

The miniaturization of sensory payloads is identified as one of the key trends behind the growth of the military satellite market. Technological advancements have enabled the miniaturization of the satellites and this helps in the reduction of the overall weight and in optimizing the performance.  The miniaturized radar camera is cost-effective and industry viable due to consumption of less power. The miniaturized radar camera produces better quality images than the traditional designs. Such benefits will induce defense agencies to adopt miniaturized sensors and computers to reduce cost overruns.

Competitive landscape and key vendors

The military satellite market is intensely competitive and consists of several key players who compete based on development cost, quality, reliability, and aftermarket service. The vendors in the military satellite must offer cost-effective and high-quality satellite systems equipped with the latest technologies. In addition to market conditions, government support, and industry development, factors such as in-house manufacturing capabilities, product offerings, R&D investments, newer technologies, global footprint network, and a strong client base also play a significant role in the performance of the vendors.

The leading vendors in the market are -

  • Boeing
  • IAI
  • Northrop Grumman
  • Thales Alenia Space
  • Raytheon

The other prominent vendors in the market are Airbus Defense and Space, China SpaceSat, Lockheed Martin, and OHB.

Segmentation by satellite type and analysis of the military satellite market

The military and defense segments are increasingly deploying ISR satellites for strengthening the early warning capabilities of commandants, greater reconnaissance, and threat detection capabilities. The demand for this segment is influenced by factors such as the advancements in sensor technologies, predominantly in electro-optical and infrared (EO/IR) systems, and other sensor payloads.

Geographical segmentation and analysis of the military satellite market

  • Americas
  • APAC
  • EMEA

The Americas will be the major contributor to the military satellite market and is the largest operator of remotely piloted aircraft that necessitates the integration of a satellite-based support mechanisms to cater to the growing demand for surveillance and security-related applications. The changing nature of battlefield and the development of a secure tactical waveform that can work on both commercial and government satellites will contribute to the growth of the military satellite market.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global military satellite market?
  • What are the key market trends impacting the growth of the global military satellite market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global military satellite market?
  • What are the market opportunities and threats faced by the vendors in the global military satellite market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global military satellite market?

Technavio also offers customization on reports based on specific client requirement.

This upcoming report on the global military satellite market offers insights into the major trends and forthcoming drivers influencing the growth of the aerospace and defense industry. Our market research reports for the aerospace and defense industry also follow a rigorous data collection methodology and offer an extensive analysis of fast growing market segments like space.   

By considering the market forecast and size, and the surging demand for various segments in the space sector, the market research professionals at Technavio present an all-inclusive picture of the military satellite market for the time period of 2017 to 2021. Furthermore, our research practices support clients develop impactful growth strategies and keep pace with the continually changing market dynamics. This market research report also presents an extensive analysis of various products and services based on the insights from the information gathered from specific resources such as channel partners and market stakeholders.  

 

This forthcoming market research report on the military satellite market also covers vendors like Boeing, IAI, Northrop Grumman, and Raytheon. According to our market research experts, the steadily rising demand for SATCOM-based systems is expected to impact the global market during the next few years. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this industry report on the military satellite market also covers geographies like the Americas, APAC, and EMEA. 

The upcoming industry research report on the military satellite market also categorizes the major drivers, prominent trends, with the imminent restraints that the defense sector currently experiences. This report on the military satellite market also presents insights into the rapidly changing competitive landscape to give clients a complete picture of the forthcoming events within the aerospace and defense industry. Technavio also offers in-depth market assessments into the sectors such as defense,  homeland security, and defense technology. 

Read More Read Less

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

  • Market outline

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by satellite type

  • Market segmentation by satellite type
  • Global military ISR satellite market
  • Global military communication satellite market
  • Global military navigation satellite market

PART 07: Geographical segmentation

  • Geographical segmentation of global military satellite market
  • Military satellite market in Americas
  • Military satellite market in EMEA
  • Military satellite market in APAC

PART 08: Decision framework

PART 09: Drivers and challenges

  • Market drivers
  • Market challenges

PART 10: Market trends

  • Increasing collaborative agreements with private SATCOM providers
  • Miniaturization of sensory payloads
  • Growing demand for inflatable SATCOM antenna

PART 11: Vendor landscape

  • Competitive landscape
  • Boeing
  • IAI
  • Northrop Grumman
  • Thales Alenia Space
  • Raytheon
  • Other prominent vendors

PART 12: Appendix

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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