Market Research Report Global Low-Cost Satellite Market Trends Report

Global Low-Cost Satellite Market Trends
and Research Report 2017-2021
Market Research Hub (MRH) has recently announced the addition of a fresh report,
titled “Global Low-Cost Satellite Market 2017-2021” to its report offerings. The
report has been prepared based on an in-depth market analysis with inputs from
industry experts. The report covers the market landscape and its growth prospects
over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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A satellite is an artificial object placed manually into the orbit to serve various
purposes such as navigation, collection of weather information, civilian and Earth
observation (EO), and research. It is a computer-controlled system that can perform
tasks such as thermal control, telemetry, power generation, attitude control, and orbit
control. The data collected by satellites are used for applications such as agriculture
monitoring, management of water resources, urban development, mineral
prospecting, environment protection, forestry, border and maritime security, drought
and flood forecasting, ocean resources, and disaster management.
Technavios analysts forecast the global low-cost satellite market to grow at a CAGR
of 6.54% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global low-
cost satellite market for 2017-2021. To calculate the market size, the report considers
the revenue generated from the sales of low-cost satellites.