Research and Markets: Global Satellite Manufacturing and Launch Market 2015-2019 – Increase in Satellite-Based Telemetry Applications Boosts the Market
July 13, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/8kfnp8/global_satellite) has announced the addition of the “Global Satellite Manufacturing and Launch Market 2015-2019” report to their offering.
The analysts forecast the global satellite manufacturing and launch market to grow at a CAGR of 5.14% during the period 2014-2019.
Satellites are used in communications, telemetry, remote sensing, and surveillance. Satellites are designed specifically for their intended application. Based on application, satellites can be classified as communication satellites, navigational satellites, reconnaissance satellites, remote sensing satellites, and so on. Based on their orbits, satellites can also be classified as LEO satellites, sun-synchronous orbit satellites, and GEO satellites. Based on size, satellites are categorized as large, medium-sized, mini, micro, nano, pico, and femto satellites.
The development of all-electric propulsion systems for satellites and reusable space launch vehicles will contribute significantly to market growth. The use of nano and microsatellites in the development of low-cost satellite-based Internet services will also open up opportunities for the market.
According to the report, the growing utilization of satellites for military surveillance and other defense applications has been pushing market growth. Along with the growing use of UAVs and modern equipment, the military also needs more data bandwidth and reliable communication infrastructure.
Further, the report states that budget cuts in the military and defense sector especially in Europe and the US will hamper market growth.
Key Vendors
- Airbus Defense and Space
- Boeing Defense, Space and Security
- Orbital ATK
- SSL
Other Prominent Vendors
- Arianespace
- Axelspace
- Clyde Space
- Dauria Aerospace
- Deep Space Industries
- Dynetics
- GeoOptics
- GomSpace
- Innovative Solutions in Space
- Lockheed Martin
- Mitsubishi Electric
- Novanano
- Planet Labs
- Raytheon
- Ruag Space
- Sierra Nevada
- Skybox Imaging
- SpaceQuest
- SpaceX
- Spire
- Surrey Satellite Technology
- Thales Alenia Space
- Tyvak Nano-Satellite Systems
- United Launch Alliance
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/8kfnp8/global_satellite
View source version on businesswire.com: http://www.businesswire.com/news/home/20150713006068/en/
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