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2021
Satellite Manufacturing Market

Satellite Manufacturing Market by Application (Communication, Earth Observation, Navigation, Space Observation, and Others), Satellite Type (LEO, MEO, GEO, and Others), and Size (Small, Medium, and Large): Global Opportunity Analysis and Industry Forecast, 2021–2030

A13678
Pages: 285
Sep 2021 | 246 Views
   
Author(s) : Aditya Chandra , Sonia Mutreja
Tables: 125
Charts: 77
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Satellite Manufacturing Market Statistics 2030 -

The global satellite manufacturing market valued $15,500.0 million in 2020, and is projected to reach $25,962.0 million by 2030, registering a CAGR of 5.6%.

The COVID-19 pandemic has had a significant impact on the world, leading governments throughout the world to enforce extreme lockdowns and make social distances obligatory to restrict the virus's transmission. COVID-19's explosive spread had a huge impact on global satellite manufacturers in 2020 due to the severe lockdown measures imposed globally and the consequently reduced number of space launches, resulting in program delays announced by satellite manufacturers and launch service providers, which will inevitably disrupt satellite operators' launch plans for both LEO and Geostationary (GEO). The COVID-19 pandemic posed numerous problems for the satellite manufacturing industry, including disruptions in raw material supply chains, logistical challenges, and other issues. Satellite manufacturers, on the other hand, had to restrict expansion and R&D operations to counterbalance the space industry's declining sales and operating performance. However, the development of ride-sharing systems and specialized satellite-launch solutions by major market participants such as ISRO, SpaceX, Virgin Galactic, and Blue Origin is expected to reinvigorate the growth of the satellite manufacturing sector in 2021.

Several new firms have entered the satellite industry in recent years, intending to launch small, relatively affordable satellites with capabilities equal to those given by established large-size satellites. The arrival of this new paradigm has sparked rivalry with current large-satellite producers, altering the game's rules and posing a challenge to long-established industry participants, whose old manufacturing processes are being challenged. As a result, in the current space-industry environment, adopting innovative manufacturing methods by the satellite manufacturers is not only desirable, but also necessary for increasing efficiency and competitiveness. Currently, the majority of GEO communications satellites must be custom-built, which increases to their cost. On-orbit software upgrades would allow manufacturers to mass-produce homogenous satellite that operators could subsequently customize to their unique, changing needs via software uploads.

Satellite-Manufacturing-Market---2021-2030

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Due to the materials necessary in the manufacturing process, particularly for the basic standards to be satisfied, building a satellite is a high-cost operation. These devices must be able to withstand space radiation (to avoid damage to internal components), be sufficiently resistant to the pressure of travelling through space at a constant speed of 700 kilometers per hour, and be strong enough to withstand possible impacts from space debris or smaller asteroids.

During the forecast period, the global satellite manufacturing market is expected to grow due to increased technical innovation, lower launch costs, and the development of automation technologies. Advanced satellite technologies such as CubeSats and small satellites offer completely new designs for a wide range of space operations, with the potential for exponential leaps in transformational research, due to technological innovation. For instance, SpaceX launched a Falcon 9 rocket with 143 small satellites from Cape Canaveral in January 2021. The evolution of space technology has helped the satellite manufacturers in lowering the size of the satellite and increasing its functionality.

The satellite manufacturing market is segmented into application, satellite type, and size. By application, the satellite manufacturing market is classified into communication, earth observation, navigation, space observation, and others. On the basis of satellite type, the satellite manufacturing market is divided into LEO, MEO, GEO, and others. By size, the satellite manufacturing market has been segmented into small, medium, and large. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players operating in the satellite manufacturing market include Airbus S.E, Arianespace, Geooptics, Inc., Lockheed Martin Corporation, Maxar, Northrop Grumman Corporation, SpaceX, Thales Group, The Boeing Company, and Viasat, Inc.

Increase in the Number of Space Exploration Missions

In recent years, the number of space exploration missions has increased as launch costs have reduced, technology has advanced, and public interest in space exploration has developed. The missions of the space expeditions are mostly focused on human Low-Earth-Orbit missions and unmanned scientific research. In addition, the Space Force, which will be established as a sixth branch of the U.S. military in 2019, as well as increased interest from Russia and China, is projected to boost public-sector investment in the space industry in the coming years. As part of the National Defense Authorization Act for 2020, the U.S. government formed a U.S. Space Command, which includes a Space Operations Force and a Space Development Agency, in December 2019. This development will most certainly benefit the U.S. Defense Department as well as the aerospace and defense sectors, allowing for more focused and faster investment in breakthrough technologies and capabilities. There is a rise in the need for satellite manufacturing to augment space exploration missions with the increase in the number of space expedition missions. For instance, in July 2021, using a 747 airliner, Virgin Orbit launched seven satellites from three different customers namely U.S. Defense Department, the Royal Netherlands Air Force, and Poland’s SatRevolution company.

The increase in private investments in space exploration missions will be a major driver of the satellite manufacturing market's growth during the forecast period.

Satellite Manufacturing Market
By Size

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Small Satellite is projected as the most lucrative segments

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Rise in Demand for Satellite Aided Warfare

Several tests and demonstrations are being carried out by government organizations and defense forces around the world to establish space warfare capabilities. Ground-to-space warfare, such as attacking satellites from the ground, space-to-space warfare, such as satellites attacking satellites, and space-to-ground warfare, such as satellites targeting Earth-based objects, are all different forms of space warfare. The U.S, Russia, and India, as well as other big economies, have developed dedicated space force groups to establish space defense infrastructure. For instance, the Indian government formed the Defence Space Agency (DSA) in April 2019. The agency is in charge of India's space-warfare and satellite intelligence assets. Satellite technologies are rapidly being used by military forces around the world to supplement their defense capabilities. For instance, United Launch Alliance (ULA), launched the fifth Space-Based Infrared System satellite for the U.S. Space Force in May 2021. With the help of its onboard infrared sensors, the $1 billion satellite, built by Lockheed Martin, is designed to identify and track plumes produced by missile launches throughout the world. Its capabilities will allow the U.S to prepare for any imminent attacks. Government and defense organizations' growing effort to expand space defense capabilities has bolstered the satellite manufacturing market's growth.

Satellite Manufacturing Market
By Satellite Type

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LEO Satellite is projected as the most lucrative segments

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Interference in satellite data transmission

Satellite systems are designed for transmitting and receiving signals on the internet, telephony, backhaul, and other services. Interference in the satellite transmission operations severely impacts the performance of the satellite and result in a significant loss of income for the operators. Moreover, additional costs have to be spent on fixing and debugging the problems in communication to further enable normal communications. Interference in satellite data transmission occurs due to various factors such as interference from high-power radar, intentional jammers, unauthorized transmissions namely piracy, adjacent satellite interference (ASI), interference from broadcast FM transmitters, aircraft interference, and adjacent frequency emissions from other signals, among others. For instance, in February 2021, Dish demonstrated interference in the 12GHz spectrum between Starlink’s satellite internet service, and Dish’s terminals. In addition, purposeful interference by terrorists and criminals to alter satellite broadcasts adds to the difficulty of satellite data transfer.

Furthermore, the proliferation of satellites in space also increases interference in the transmission of data between the ground station and the satellite. Factors such as the increase in the number of satellites and adjacent frequency emissions generate interference in data transmission through satellites which further acts as the restraint for the satellite manufacturing market’s growth.

Satellite Manufacturing Market
By Application

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Earth Observation Satellites is projected as the most lucrative segments

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Advancement in satellite mission technologies

The small satellite standard was developed to offer universities and research organizations with faster and more cost-effective access to space. Leading players across the world are making many advancements in satellite technology (such as hyperspectral and multispectral imaging and additive manufacturing) to further expand the capabilities of satellites, decrease the cost, and improve the customizability of satellites. Hyper-spectral and multi-spectral imaging enhance the capabilities of satellites in collecting precise data about the changes in the environment. Hyperspectral sensors produce images comprising highly detailed spectral data that allow the detection of micro-level changes in the environment such as in soil, crops, and water. Multispectral sensors, on the other hand, provide for a clear perception of details on the ground, such as spotting pest-infested trees. The need for cost reduction by prominent rocket manufacturers, as well as a rise in worldwide awareness of the need to reduce CO2 footprint of rocket launches drive the development of reusable rockets which further provides a cost-effective and environment-friendly opportunity for launching satellites by the space organizations. The advancement in satellite technologies and launch systems technologies provide an opportunity for the satellite manufacturing business to flourish.

Satellite Manufacturing Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

Asia Pacific would exhibit the highest CAGR of 6.3% during 2021-2030.

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COVID-19 Impact Analysis

  • The COVID impact on the satellite manufacturing market is unpredictable and is expected to remain stunted till the second quarter of 2021.
  • The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and made social distancing mandatory to contain the spread of the virus. Consequently, several organizations started work from home programs as safety measures. This led to a sudden decrease in satellite manufacturing across the world.
  • Moreover, nationwide lockdowns disrupted the supply-chain as several satellite manufacturing facilities across the globe had to partially or fully shut down their operations.
  • The adverse impacts of the COVID-19 pandemic resulted in huge supply-demand issues for the satellite manufacturing industry globally.

Key Benefits For Stakeholders

  • This study presents the analytical depiction of the global satellite manufacturing market analysis along with the current trends and future estimations to depict imminent investment pockets.
  • The overall satellite manufacturing market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global satellite manufacturing market with detailed impact analysis.
  • The current satellite manufacturing market is quantitatively analyzed from 2020 to 2030 to benchmark financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Application

  •  
  • Communication
  • Earth Observation
  • Navigation
  • Space Observation
  • Others

By Satellite Type

  •  
  • LEO
  • MEO
  • GEO
  • Others

By Size

  •  
  • Small
  • Medium
  • Large  

By Region

  •  
  • North America
    • U.S.
    • Canada
    • Europe
  • Germany
    • France
    • UK
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • Airbus S.E
  • Arianespace
  • Geooptics, Inc.
  • Lockheed Martin Corporation
  • Maxar
  • Northrop Grumman Corporation
  • SpaceX
  • Thales Group
  • The Boeing Company
  • Viasat, Inc.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies

3.3.Porter’s five forces analysis
3.4.Key player positioning, 2020
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increase in the number of space exploration missions
3.5.1.2.Rise in demand for satellite based warfare
3.5.1.3.Increase in deployment of small satellites

3.5.2.Restraints

3.5.2.1.Interference in satellite data transmission
3.5.2.2.Stringent government regulations

3.5.3.Opportunities

3.5.3.1.Advancement in satellite mission technologies
3.5.3.2.Increase in demand for space data

3.6.COVID-19 impact analysis

3.6.1.Evolution of outbreak
3.6.2.Micro economic impact analysis

3.6.2.1.Consumer trends
3.6.2.2.Technology trends
3.6.2.3.Regulatory trends

3.6.3.Macro-economic impact analysis

3.6.3.1.GDP
3.6.3.2.Import/export analysis
3.6.3.3.Employment index

3.6.4.Impact on the satellite manufacturing industry

CHAPTER 4:SATELLITE MANUFACTURING MARKET, BY APPLICATION

4.1.Overview
4.2.Communication

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Earth observation

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Navigation

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

4.5.Space Observation

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

4.6.Others

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis, by country

CHAPTER 5:SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE

5.1.Overview
5.2.LEO

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.MEO

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.GEO

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.Others

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

CHAPTER 6:SATELLITE MANUFACTURING MARKET, BY SIZE

6.1.Overview
6.2.Small

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Medium

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Large

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

CHAPTER 7:SATELLITE MANUFACTURING MARKET, BY REGION

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by Application
7.2.3.Market size and forecast, by Satellite Type
7.2.4.Market size and forecast, by Size
7.2.5.Market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by Application
7.2.5.1.2.Market size and forecast, by Satellite Type
7.2.5.1.3.Market size and forecast, by Size

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by Application
7.2.5.2.2.Market size and forecast, by Satellite Type
7.2.5.2.3.Market size and forecast, by Size

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by Application
7.3.3.Market size and forecast, by Satellite Type
7.3.4.Market size and forecast, by Size
7.3.5.Market size and forecast, by country

7.3.5.1.Germany

7.3.5.1.1.Market size and forecast, by Application
7.3.5.1.2.Market size and forecast, by Satellite Type
7.3.5.1.3.Market size and forecast, by Size

7.3.5.2.France

7.3.5.2.1.Market size and forecast, by Application
7.3.5.2.2.Market size and forecast, by Satellite Type
7.3.5.2.3.Market size and forecast, by Size

7.3.5.3.UK

7.3.5.3.1.Market size and forecast, by Application
7.3.5.3.2.Market size and forecast, by Satellite Type
7.3.5.3.3.Market size and forecast, by Size

7.3.5.4.Russia

7.3.5.4.1.Market size and forecast, by Application
7.3.5.4.2.Market size and forecast, by Satellite Type
7.3.5.4.3.Market size and forecast, by Size

7.3.5.5.Rest of Europe

7.3.5.5.1.Market size and forecast, by Application
7.3.5.5.2.Market size and forecast, by Satellite Type
7.3.5.5.3.Market size and forecast, by Size

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by Application
7.4.3.Market size and forecast, by Satellite Type
7.4.4.Market size and forecast, by Size
7.4.5.Market size and forecast, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by Application
7.4.5.1.2.Market size and forecast, by Satellite Type
7.4.5.1.3.Market size and forecast, by Size

7.4.5.2.India

7.4.5.2.1.Market size and forecast, by Application
7.4.5.2.2.Market size and forecast, by Satellite Type
7.4.5.2.3.Market size and forecast, by Size

7.4.5.3.Japan

7.4.5.3.1.Market size and forecast, by Application
7.4.5.3.2.Market size and forecast, by Satellite Type
7.4.5.3.3.Market size and forecast, by Size

7.4.5.4.South Korea

7.4.5.4.1.Market size and forecast, by Application
7.4.5.4.2.Market size and forecast, by Satellite Type
7.4.5.4.3.Market size and forecast, by Size

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by Application
7.4.5.5.2.Market size and forecast, by Satellite Type
7.4.5.5.3.Market size and forecast, by Size

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by Application
7.5.3.Market size and forecast, by Satellite Type
7.5.4.Market size and forecast, by Size
7.5.5.Market size and forecast, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by Application
7.5.5.1.2.Market size and forecast, by Satellite Type
7.5.5.1.3.Market size and forecast, by Size

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by Application
7.5.5.2.2.Market size and forecast, by Satellite Type
7.5.5.2.3.Market size and forecast, by Size

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by Application
7.5.5.3.2.Market size and forecast, by Satellite Type
7.5.5.3.3.Market size and forecast, by Size

CHAPTER 8:COMPANY PROFILES

8.1.AIRBUS S.E

8.1.1.Company overview
8.1.2.Key executives
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.1.6.R&D expenditure
8.1.7.Business performance
8.1.8.Key strategic moves and developments

8.2.ARIANESPACE

8.2.1.Company overview
8.2.2.Key executives
8.2.3.Company snapshot
8.2.4.Product portfolio
8.2.5.Key strategic moves and developments

8.3.Geooptics, Inc.

8.3.1.Company overview
8.3.2.Key executives
8.3.3.Company snapshot
8.3.4.Product portfolio
8.3.5.Key strategic moves and developments

8.4.LOCKHEED MARTIN CORPORATION

8.4.1.Company overview
8.4.2.Key executives
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio
8.4.6.R&D expenditure
8.4.7.Business performance
8.4.8.Key strategic moves and developments

8.5.Maxar Technologies

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.R&D expenditure
8.5.6.Business performance

8.6.NORTHROP GRUMMAN CORPORATION

8.6.1.Company overview
8.6.2.Key executives
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.6.6.R&D expenditure
8.6.7.Business performance
8.6.8.Key strategic moves and developments

8.7.SPACEX

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Product portfolio
8.7.4.Key strategic moves and developments

8.8.THALES GROUP

8.8.1.Company overview
8.8.2.Key executives
8.8.3.Company snapshot
8.8.4.Operating business segments
8.8.5.Product portfolio
8.8.6.R&D expenditure
8.8.7.Business performance
8.8.8.Key strategic moves and developments

8.9.THE BOEING COMPANY

8.9.1.Company overview
8.9.2.Key executives
8.9.3.Company snapshot
8.9.4.Operating business segments
8.9.5.Product portfolio
8.9.6.R&D expenditure
8.9.7.Business performance
8.9.8.Key strategic moves and developments

8.10.VIASAT, INC.

8.10.1.Company overview
8.10.2.Key executives
8.10.3.Company snapshot
8.10.4.Operating business segments
8.10.5.Product portfolio
8.10.6.R&D expenditure
8.10.7.Business performance
8.10.8.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GLOBAL SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 02.SATELLITE MANUFACTURING MARKET FOR COMMUNICATION, BY REGION 2020-2030 ($MILLION)
TABLE 03.SATELLITE MANUFACTURING MARKET FOR EARTH OBSERVATION, BY REGION 2020-2030 ($MILLION)
TABLE 04.SATELLITE MANUFACTURING MARKET FOR NAVIGATION, BY REGION 2020-2030 ($MILLION)
TABLE 05.SATELLITE MANUFACTURING MARKET FOR SPACE OBSERVATION, BY REGION 2020-2030 ($MILLION)
TABLE 06.SATELLITE MANUFACTURING MARKET FOR OTHERS, BY REGION 2020-2030 ($MILLION)
TABLE 07.GLOBAL SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020-2030 ($MILLION)
TABLE 08.SATELLITE MANUFACTURING MARKET FOR LEO, BY REGION 2020-2030 ($MILLION)
TABLE 09.SATELLITE MANUFACTURING MARKET FOR MEO, BY REGION 2020-2030 ($MILLION)
TABLE 10.SATELLITE MANUFACTURING MARKET FOR GEO, BY REGION 2020-2030 ($MILLION)
TABLE 11.SATELLITE MANUFACTURING MARKET FOR OTHERS, BY REGION 2020-2030 ($MILLION)
TABLE 12.GLOBAL SATELLITE MANUFACTURING MARKET, BY SIZE, 2020-2030 ($MILLION)
TABLE 13.SATELLITE MANUFACTURING MARKET FOR SMALL, BY REGION 2020-2030 ($MILLION)
TABLE 14.SATELLITE MANUFACTURING MARKET FOR MEDIUM, BY REGION 2020-2030 ($MILLION)
TABLE 15.SATELLITE MANUFACTURING MARKET FOR LARGE, BY REGION 2020-2030 ($MILLION)
TABLE 16.SATELLITE MANUFACTURING MARKET, BY REGION 2020–2030 ($MILLION)
TABLE 17.NORTH AMERICA SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 18.NORTH AMERICA SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 19.NORTH AMERICA SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 20.U.S. SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 21.U.S. SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 22.U.S. SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 23.CANADA SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 24.CANADA SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 25.CANADA SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 26.EUROPE SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 27.EUROPE SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 28.EUROPE SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 29.GERMANY SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 30.GERMANY SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 31.GERMANY SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 32.FRANCE SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 33.FRANCE SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 34.FRANCE SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 35.UK SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 36.UK SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 37.UK SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 38.RUSSIA SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 39.RUSSIA SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 40.RUSSIA SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 41.REST OF EUROPE SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 42.REST OF EUROPE SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 43.REST OF EUROPE SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 44.ASIA-PACIFIC SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 45.ASIA-PACIFIC SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 46.ASIA-PACIFIC SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 47.CHINA SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 48.CHINA SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 49.CHINA SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 50.INDIA SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 51.INDIA SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 52.INDIA SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 53.JAPAN SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 54.JAPAN SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 55.JAPAN SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 56.SOUTH KOREA SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 57.SOUTH KOREA SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 58.SOUTH KOREA SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 59.REST OF ASIA-PACIFIC SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 60.REST OF ASIA-PACIFIC SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 61.REST OF ASIA-PACIFIC SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 62.LAMEA SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 63.LAMEA SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 64.LAMEA SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 65.LATIN AMERICA SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 66.LATIN AMERICA SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 67.LATIN AMERICA SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 68.MIDDLE EAST SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 69.MIDDLE EAST SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 70.MIDDLE EAST SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 71.AFRICA SATELLITE MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 72.AFRICA SATELLITE MANUFACTURING MARKET, BY SATELLITE TYPE, 2020–2030 ($MILLION)
TABLE 73.AFRICA SATELLITE MANUFACTURING MARKET, BY SIZE, 2020–2030 ($MILLION)
TABLE 74.AIRBUS S.E: KEY EXECUTIVES
TABLE 75.AIRBUS S.E: COMPANY SNAPSHOT
TABLE 76.AIRBUS S.E: OPERATING SEGMENTS
TABLE 77.AIRBUS S.E: PRODUCT PORTFOLIO
TABLE 78.AIRBUS S.E: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 79.AIRBUS S.E: NET SALES, 2018–2020 ($MILLION)
TABLE 80.ARIANESPACE: KEY EXECUTIVES
TABLE 81.ARIANESPACE: COMPANY SNAPSHOT
TABLE 82.ARIANESPACE: PRODUCT PORTFOLIO
TABLE 83.GEOOPTICS, INC.: KEY EXECUTIVES
TABLE 84.GEOOPTICS, INC.: COMPANY SNAPSHOT
TABLE 85.GEOOPTICS, INC.: PRODUCT PORTFOLIO
TABLE 86.LOCKHEED MARTIN CORPORATION: KEY EXECUTIVE
TABLE 87.LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT
TABLE 88.LOCKHEED MARTIN CORPORATION: OPERATING SEGMENTS
TABLE 89.LOCKHEED MARTIN CORPORATION: PRODUCT PORTFOLIO
TABLE 90.LOCKHEED MARTIN CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 91.LOCKHEED MARTIN CORPORATION: NET SALES, 2018–2020 ($MILLION)
TABLE 92.LOCKHEED MARTIN CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 93.MAXAR TECHNOLOGIES: KEY EXECUTIVES
TABLE 94.MAXAR TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 95.MAXAR TECHNOLOGIES: OPERATING SEGMENTS
TABLE 96.MAXAR TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 97.MAXAR TECHNOLOGIES: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 98.MAXAR TECHNOLOGIES: NET SALES, 2018–2020 ($MILLION)
TABLE 99.NORTHROP GRUMMAN CORPORATION: KEY EXECUTIVE
TABLE 100.NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT
TABLE 101.NORTHROP GRUMMAN CORPORATION: OPERATING SEGMENTS
TABLE 102.NORTHROP GRUMMAN CORPORATION: PRODUCT PORTFOLIO
TABLE 103.NORTHROP GRUMMAN CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 104.NORTHROP GRUMMAN CORPORATION: NET SALES, 2018–2020 ($MILLION)
TABLE 105.SPACEX: KEY EXECUTIVES
TABLE 106.SPACEX: COMPANY SNAPSHOT
TABLE 107.SPACEX: PRODUCT PORTFOLIO
TABLE 108.THALES GROUP: KEY EXECUTIVES
TABLE 109.THALES GROUP: COMPANY SNAPSHOT
TABLE 110.THALES GROUP: OPERATING SEGMENTS
TABLE 111.THALES GROUP: PRODUCT PORTFOLIO
TABLE 112.THALES GROUP: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 113.THALES GROUP: NET SALES, 2018–2020 ($MILLION)
TABLE 114.THE BOEING COMPANY: KEY EXECUTIVES
TABLE 115.THE BOEING COMPANY: COMPANY SNAPSHOT
TABLE 116.THE BOEING COMPANY: OPERATING SEGMENTS
TABLE 117.THE BOEING COMPANY: PRODUCT PORTFOLIO
TABLE 118.THE BOEING COMPANY: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 119.THE BOEING COMPANY: NET SALES, 2018–2020 ($MILLION)
TABLE 120.VIASAT, INC.: KEY EXECUTIVE
TABLE 121.VIASAT, INC.: COMPANY SNAPSHOT
TABLE 122.VIASAT, INC.: OPERATING SEGMENTS
TABLE 123.VIASAT, INC.: PRODUCT PORTFOLIO
TABLE 124.VIASAT, INC.: R&D EXPENDITURE, 2019–2021 ($MILLION)
TABLE 125.VIASAT, INC.: NET SALES, 2019–2021 ($MILLION)

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2018-2021*
FIGURE 07.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018-2021*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2018-2021*
FIGURE 09.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11.MODERATE THREAT OF SUBSTITUTES
FIGURE 12.MODERATE-TO-HIGH INTENSITY OF RIVALRY
FIGURE 13.LOW-TO- MODERATE BARGAINING POWER OF BUYERS
FIGURE 14.KEY PLAYER POSITIONING (2020)
FIGURE 15.GLOBAL SATELLITE MANUFACTURING MARKET SHARE, BY APPLICATION, 2020–2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET FOR COMMUNICATION, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET FOR EARTH OBSERVATION,  BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET FOR NAVIGATION, BY COUNTRY,  2020 & 2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET FOR SPACE OBSERVATION, BY COUNTRY,  2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET FOR OTHERS, BY COUNTRY,  2020 & 2030 (%)
FIGURE 21.GLOBAL SATELLITE MANUFACTURING MARKET SHARE, BY SATELLITE TYPE, 2020–2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET FOR LEO, BY COUNTRY,  2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET FOR MEO, BY COUNTRY,  2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET FOR GEO, BY COUNTRY,  2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET FOR OTHERS, BY COUNTRY,  2020 & 2030 (%)
FIGURE 26.GLOBAL SATELLITE MANUFACTURING MARKET SHARE, BY SIZE, 2020–2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET FOR SMALL, BY COUNTRY,  2020 & 2030 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET FOR MEDIUM, BY COUNTRY,  2020 & 2030 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET FOR LARGE, BY COUNTRY,  2020 & 2030 (%)
FIGURE 30.SATELLITE MANUFACTURING MARKET, BY REGION, 2020-2030 (%)
FIGURE 31.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 32.U.S. SATELLITE MANUFACTURING MARKET, 2020–2030 ($MILLION)
FIGURE 33.CANADA SATELLITE MANUFACTURING MARKET, 2020–2030 ($MILLION)
FIGURE 34.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 35.GERMANY SATELLITE MANUFACTURING MARKET, 2020–2030 ($MILLION)
FIGURE 36.FRANCE SATELLITE MANUFACTURING MARKET, 2020–2030 ($MILLION)
FIGURE 37.UK SATELLITE MANUFACTURING MARKET, 2020–2030 ($MILLION)
FIGURE 38.RUSSIA SATELLITE MANUFACTURING MARKET, 2020–2030 ($MILLION)
FIGURE 39.REST OF EUROPE SATELLITE MANUFACTURING MARKET, 2020–2030 ($MILLION)
FIGURE 40.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 41.CHINA SATELLITE MANUFACTURING MARKET, 2020–2030 ($MILLION)
FIGURE 42.INDIA SATELLITE MANUFACTURING MARKET, 2020–2030 ($MILLION)
FIGURE 43.JAPAN SATELLITE MANUFACTURING MARKET, 2020–2030 ($MILLION)
FIGURE 44.SOUTH KOREA SATELLITE MANUFACTURING MARKET, 2020–2030 ($MILLION)
FIGURE 45.REST OF ASIA-PACIFIC SATELLITE MANUFACTURING MARKET, 2020–2030 ($MILLION)
FIGURE 46.COMPARATIVE SHARE ANALYSIS OF SATELLITE MANUFACTURING MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 47.LATIN AMERICA SATELLITE MANUFACTURING MARKET, 2020–2030 ($MILLION)
FIGURE 48.MIDDLE EAST SATELLITE MANUFACTURING MARKET, 2020–2030 ($MILLION)
FIGURE 49.AFRICA SATELLITE MANUFACTURING MARKET, 2020–2030 ($MILLION)
FIGURE 50.AIRBUS S.E: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 51.AIRBUS S.E: REVENUE, 2018–2020 ($MILLION)
FIGURE 52.AIRBUS S.E: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 53.AIRBUS S.E: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 54.LOCKHEED MARTIN CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 55.LOCKHEED MARTIN CORPORATION: NET SALES, 2018–2020 ($MILLION)
FIGURE 56.LOCKHEED MARTIN CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 57.LOCKHEED MARTIN CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 58.MAXAR TECHNOLOGIES: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 59.MAXAR TECHNOLOGIES: NET SALES, 2018–2020 ($MILLION)
FIGURE 60.MAXAR TECHNOLOGIES: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 61.MAXAR TECHNOLOGIES: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 62.NORTHROP GRUMMAN CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 63.NORTHROP GRUMMAN CORPORATION: NET SALES, 2018–2020 ($MILLION)
FIGURE 64.NORTHROP GRUMMAN CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 65.NORTHROP GRUMMAN CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 66.THALES GROUP: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 67.THALES GROUP: NET SALES, 2018–2020 ($MILLION)
FIGURE 68.THALES GROUP: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 69.THALES GROUP: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 70.THE BOEING COMPANY: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 71.THE BOEING COMPANY: NET SALES, 2018–2020 ($MILLION)
FIGURE 72.THE BOEING COMPANY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 73.THE BOEING COMPANY: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 74.VIASAT, INC.: R&D EXPENDITURE, 2019–2021 ($MILLION)
FIGURE 75.VIASAT, INC.: NET SALES, 2019–2021 ($MILLION)
FIGURE 76.VIASAT, INC.: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 77.VIASAT, INC.: REVENUE SHARE BY REGION, 2021 (%)

 
 

The satellite manufacturing market is expected to witness significant growth globally due to the rise in demand for advanced communication and monitoring technologies across the world.

Satellite manufacturing is being driven by a greater focus of the commercial space industry on lowering costs associated with developing and launching satellites. Leading market players are creating customized platforms and applications to meet growing demands of the customers, as well as investigating innovative technologies and applications through scientific research and technological demonstrations. Satellites are employed in applications such as Earth observation and technological demonstration, which are projected to be profitable investment sectors. However, they are fast being embraced in other areas such as commercial, defense, and government for communication and scientific research. Collaborations and acquisitions are likely to help the market leaders grow their product portfolios and expand into new markets.

Factors such as increase in the number of space exploration missions, rise in demand for satellite aided warfare, and surge in deployment of small satellites accelerate the growth of the satellite manufacturing market. However, interference in satellite data transmission and stringent government regulations hamper the growth of the satellite manufacturing market. Conversely, advancement in satellite mission technologies and an increase in demand for space data are expected to provide lucrative opportunities for the expansion of the growth of the satellite manufacturing market.

Satellites are also utilized for space exploration by academics and specialists all around the world. Revolutionary satellite technologies such as small satellites, and CubeSats, are ideal for quick manufacturing and testing due to their small size and weight, making them an ideal and affordable platform for the research and development of new technologies and concepts.

Among the analyzed regions, North America is the highest revenue contributor, followed by Asia-Pacific, Europe, and LAMEA. By forecast analysis, North America is expected to maintain its lead during the forecast period, owing to the growth of private satellite manufacturers in the region.

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A. The global satellite manufacturing market was valued at $15,500.0 million in 2020.

A. Development of small in-orbit customizable satllites, Development of hyperspectral imaging satellites.

A. The report sample for global satellite manufacturing market report can be obtained on demand from the website.

A. The satellite manufacturing industry is projected togrow at a CAGR of 5.6%.

A. The satellite manufacturing industry is anticipated to reach $25,962.0 million by 2030.

A. The company profiles of the top players of the market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the industry along with their last three year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated.

A. Airbus S.E, Maxar, Viasat, Inc., and SpaceX are the major satellite manufacturing companies.

A. Lockheed Martin Corporation, Northrop Grumman Corporation, Maxar, and Geooptics, Inc. are major satellite part manufacturers.

A. U.S. is the largest satellite manufacturing country in the world.

A. SpaceX is the company that has launched the most satellites into orbit, and it presently owns 358 satellites.

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