2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Factors Are Propelling the Market Growth of theMilitary Satellites Market from 2025 to 2034?

The growing concern over terrorism is expected to boost the military satellite market. Military satellites are crucial for modern communication and surveillance. In 2023, terrorism-related deaths in the U.S. represented 76% of those in Western democracies, highlighting the ongoing threat. As nations focus on improving military communication systems, the demand for military satellites is expected to rise.

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#What Growth Opportunities Will Drive the Military Satellites Market’s CAGR Through 2034?

The military satellites market size has grown steadily in recent years. It will grow from $59.82 billion in 2024 to $62.74 billion in 2025, at a compound annual growth rate (CAGR) of 4.9%. The growth can be attributed to global surveillance, communication and data transfer, navigation and GPS, intelligence gathering, and strategic deterrence.

The military satellites market is projected to see steady growth, reaching $75.04 billion by 2029, growing at a CAGR of 4.6%. This growth is driven by concerns about anti-satellite threats, a focus on resilience and redundancy, laser communication technologies, quantum satellite communication, and the miniaturization of satellites. Key trends include dual-use satellites, rapid deployment and launch capabilities, space traffic management, space-based threat warning systems, and increased international collaboration.

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How Are Consumer Market Innovations Shaping the Current and Future Landscape of theMilitary Satellites Market?

Technological advancements are influencing the military satellite market. Companies in this sector are focused on developing innovative technology solutions for military satellites. For example, in May 2023, SmartSat CRC, an Australian-based space research center, launched the Compact Hybrid Optical-RF User Segment (CHORUS) prototype terminal for military satellite communications. CHORUS combines radio frequency (RF) communications with optical communication technology, offering higher data rates and lower interception risks compared to traditional RF satellite communications. Additionally, CHORUS is more compact and portable than existing SATCOM systems, making it ideal for deployment in remote and challenging environments.

Which Key Market Players Are Shaping the Future and Growth of theMilitary Satellites Market?

Major companies operating in the military satellites market include The Boeing Company, Israel Aerospace Industries, Northrop Grumman Corporation, ISS-Reshetnev, Space Exploration Technologies Corp., Lockheed Martin Corporation, Raytheon Company, Thales Group, Mitsubishi Electric Corporation, GE Aviation, Airbus SE, Indian Space Research Organisation, OHB SE, Elbit System Ltd., AeroVironment Inc., Orbital ATK Inc., Cobham Limited, Viasat Inc., Safran Electronics & Defense, Selex ES Inc., Harris Corporation, L3Harris Technologies Inc., Terma A/S, BAE Systems plc, QinetiQ Group PLC, Reutech Radar Systems, Easat Radar Systems Limited, Indra Company, Bharat Electronics Limited, ZTE Corporation, United Technologies Corporation, Saab AB, China Aerospace Science and Technology Corporation, NEC Corporation, Orbital Sciences Corporation

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What Are the Core Segments of the Military Satellites Market, and How Do They Contribute to Growth?

The military satellites market covered in this report is segmented –

1) By Satellite Type: Small Satellite, Medium-To-Heavy Satellite

2) By Payload Type: Communication Payload, Navigation Payload, Imaging Payload, Others

3) By Application: Intelligence, Surveillance, And Reconnaissance (ISR), Communication, Navigation

Subsegments:

1) By Small Satellite: Nano Satellite, Pico Satellite, Micro Satellite, Mini Satellite

2) By Medium-to-Heavy Satellite: Medium Satellite, Large Satellite, Very Large Satellite

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What Regions Are Dominating the Military Satellites Market Growth?

North America was the largest region in the military satellites market in 2023. Asia-Pacific is expected to be the fastest-growing region in the military satellites market during the forecast period. The regions covered in the military satellites market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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