Satellite Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71145
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The satellite market share should rise by USD 11.16 billion from 2021 to 2025 at a CAGR of 2.79%.

This satellite market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by end-user (civil and defence) and geography (North America, Europe, APAC, MEA, and South America). The satellite market report also offers information on several market vendors, including Airbus SE, Intelsat SA, ISS-Reshetnev Co., Lockheed Martin Corp., Maxar Technologies Inc., Northrop Grumman Corp., OHB SE, Raytheon Technologies Corp., Thales Group, and The Boeing Co. among others.

What will the Satellite Market Size be in 2021?

To Unlock the Satellite Market Size for 2021 and Other Important Statistics, Download the Free Report Sample!

Satellite Market: Key Drivers and Trends

The accelerating demand for satellite navigation equipment is notably driving the satellite market growth, although factors such as high cost of satellite hardware and components may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the satellite industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This satellite market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Satellite Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Airbus SE
  • Intelsat SA
  • ISS-Reshetnev Co.
  • Lockheed Martin Corp.
  • Maxar Technologies Inc.
  • Northrop Grumman Corp.
  • OHB SE
  • Raytheon Technologies Corp.
  • Thales Group
  • The Boeing Co.

 

The vendor landscape of the satellite market entails successful business strategies deployed by the vendors. The satellite market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the satellite market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Satellite Market?

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60% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for satellites in APAC. 

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The increasing usage of the internet will facilitate the satellite market growth in APAC over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating End-user Segments in the Satellite Market?

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The satellite market share growth by the civil segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the satellite market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Satellite Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 2.79%

Market growth 2021-2025

$ 11.16 billion

Market structure

Fragmented

YoY growth (%)

3.23

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

APAC at 60%

Key consumer countries

US, China, Russian Federation, France, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Airbus SE, Intelsat SA, ISS-Reshetnev Co., Lockheed Martin Corp., Maxar Technologies Inc., Northrop Grumman Corp., OHB SE, Raytheon Technologies Corp., Thales Group, and The Boeing Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Satellite Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive satellite market growth during the next five years
  • Precise estimation of the satellite market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the satellite market across North America, Europe, APAC, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of satellite market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Civil - Market size and forecast 2020-2025
    • Defense - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Airbus SE
      • Intelsat SA
      • ISS-Reshetnev Co.
      • Lockheed Martin Corp.
      • Maxar Technologies Inc.
      • Northrop Grumman Corp.
      • OHB SE
      • Raytheon Technologies Corp.
      • Thales Group
      • The Boeing Co.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • 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
      Technavio

      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
      Technavio

      TechnavioREPORT WRITING

      Qualitative

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

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The satellite market growth will increase by $11.16 billion during 2020-2025.
      The satellite market is expected to grow at a CAGR of 2.79% during 2020-2025.
      Technavio has segmented the satellite market by end user (Civil and Defence) and geographic (North America, Europe, APAC, MEA, and South America).
      Airbus SE, Intelsat SA, ISS-Reshetnev Co., Lockheed Martin Corp., Maxar Technologies Inc., Northrop Grumman Corp., OHB SE, Raytheon Technologies Corp., Thales Group, The Boeing Co. are a few of the key vendors in the satellite market.
      APAC will register the highest growth rate of 60.39% among the other regions. Therefore, the satellite market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • US
      • China
      • Russian Federation
      • France
      • Japan
      The key factors driving the satellite market growth are:
      • Accelerating demand for satellite navigation equipment
      The satellite market vendors should focus on grabbing business opportunities from the civil segment as it accounted for the largest market share in the base year.
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