Technology Research Reports Satellite Payload Market

Further key findings from the report suggest: • The remote sensing segment is expected to grow at a CAGR of over 8.0% over the forecast period as it is expected to emerge as a viable platform in the agriculture and mining sectors • The Low Earth Orbit (LEO) segment is expected to be the fastest-growing segment; this growth can be attributed to its increased demand in earth observation and imaging applications • The commercial segment is expected to grow at the fastest CAGR of over 9% from 2017 to 2025. Growing advancements including channelization, space-based inflatable reflector antenna, multi- beam antenna, and internet routers are expected to propel the demand for commercial satellite payloads. • The Asia Pacific satellite payload market is expected to account for a revenue share of over 30% by 2025, with the increase in the number of satellite launches and government spending in space research contributing to the regional demand • The key players in the industry include Airbus S.A.S., Harris Corporation, Lockheed Martin Corporation, Honeywell International Inc., and The Boeing Company Grand View Research has segmented the satellite payload market by orbit, application, end-use, and region. Satellite Payload Orbit Outlook (Revenue, USD Billion; 2014 - 2025) • Low Earth Orbit (LEO) • Medium Earth Orbit (MEO) • Geostationary Earth Orbit (GEO) Satellite Payload Application Outlook (Revenue, USD Billion; 2014 - 2025) • Communication & Navigation • Remote Sensing • Surveillance • Others Satellite Payload End-Use Outlook (Revenue, USD Billion; 2014 - 2025) • Civil • Military • Commercial Satellite Payload Regional Outlook (Revenue, USD Billion; 2014 - 2025) • North America • o U.S. o Canada Europe o Follow Us: UK

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