The Global Satellites Market Report by The Business Research Company covers satellites market drivers and restraints, satellites market size, major players, and the impact of COVID-19 on the satellites market.
The satellites market consists of sales of satellites by entities (organizations, sole traders or partnerships) that produce satellites. A satellite is an artificial body placed in orbit round the earth, or another planet to collect information or for communication purpose. The market includes maintenance services provided by aerospace support and auxiliary equipment manufacturers during the equipment’s warranty period. Only goods and services traded between entities or sold to end consumers are included.
During the historic period, increased demand for Direct To Home (DTH) television services globally contributed to the satellite market growth. The DTH (Direct to Home) service is basically a digital satellite service that delivers satellite television programming promptly to subscribers home.
The global satellites market is expected to grow from $17.99 billion in 2020 to $18.79 billion in 2021 at a compound annual growth rate (CAGR) of 4.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $21.6 billion in 2025 at a CAGR of 3.5%.
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Some satellites market trends include the launch of hybrid DTH set-top boxes. The Hybrid Set-Top Boxes are something that surfaced as the result of DTH operators trying to bring online content on the TV screens.
Global satellites market segments include:
1) By Type: Large Satellite, Mini Satellite, Micro Satellite.
2) By Orbit: Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geosynchronous Orbit (GEO), Elliptical Orbit.
3) By End User: Commercial, Civil, Government, Others.
4) By Application: Scientific Research, Technology Demonstration And Verification, Earth Observation And Remote Sensing, Scientific Research, Communication, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Satellites Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides satellites market overviews, analyzes and forecasts market size, share, satellites market players, satellites market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The satellites market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Satellites Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Intelsat, SES S.A., Lockheed Martin Corporation, Airbus S.A.S., Millennium Space Systems Inc., Eutelsat Communications S.A., Boeing, Thales Group, Orbital Sciences Corporation, Planet Labs Inc., AAC Clyde Space, Adcole Maryland Aerospace LLC, Alen Space, Blacksky, Blue Canyon Technologies(BCT), Endursat, Exolaunch GmbH, G.A.U.S.S. Srl, Geooptics Inc, Gomspace, L3Harris Technologies Inc., Nanoavionics, Nanoracks, Viasat Inc., Telesat, EchoStar Corporation, L3 Technologies Inc., Thuraya Telecommunications Company, SKY Perfect JSAT Group, Gilat Satellite Networks, Cobham Limited.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The satellites Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The satellites Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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