Cover Image
Market Research Report

The Global Military Satellite Market 2017-2027

Published by Strategic Defence Intelligence Product code 260621
Published Content info 138 Pages
Immediate Delivery Available
Price
Back to Top
The Global Military Satellite Market 2017-2027
Published: March 8, 2017 Content info: 138 Pages
Description

Summary

Global Military Satellite market, valued at US$7.9 billion in 2017, is projected to grow at a CAGR of 2.50%, to value US$10.1 billion by 2027. The cumulative market for global expenditure on Military Satellite systems is valued at US$93.3 billion over the forecast period. Global expenditure on Military Satellite systems is expected to show robust growth over the forecast period, primarily due to the increased importance of Military Satellite systems in modern or fourth-generation warfare.

The market for ISR Satellites is anticipated to be bigger than other categories because of the increase in demand for data transfer bandwidth, due to the widespread use of UAVs and the need for expeditionary forces to stay connected to the command center. A significant portion of military expenditure is also expected to be directed towards commercial satellite service providers that enable communications and ISR capabilities. However, the high costs associated with military satellite programs are still impeding the smaller nations to spend on acquiring space based capabilities.

The global Military Satellite Systems market is expected to be led by North America with a share of 39.2% over the forecast period, followed by Europe with 29.3% and Asia-Pacific with a share of 21.1%. The Middle Eastern market is expected to account for 5.5%, followed by Latin America with 3.3%, and the African markets with a share of 1.6%.

Over the forecast period, governments are expected to invest in cheaper alternatives such as microsatellites. This class of satellites is much cheaper and faster to design, build, and launch, although the reliability and longevity of these systems has not been proved yet. One of the reasons for their rapid development timelines is the use of commercial-off-the-shelf (COTS) technology, which makes the assembly of these satellites simple and fast. With pressure on a number of major defense spending countries to reduce defense spending, these satellites are expected to be a major area for investment as they accomplish most of the tasks performed by traditional satellites.

The report "The Global Military Satellite Market 2017-2027" offers detailed analysis of the global Military Satellite market over the next 10 years, and provides market size forecasts. Furthermore, it covers key technological and market trends in the industry and analyzes factors influencing demand for Military Satellite systems. Additionally, the report highlights challenges faced by industry participants.

In particular, it provides an in-depth analysis of the following -

Overview: Snapshot of the Military Satellite market during 2017-2027, including highlights of the demand drivers, trends, and challenges. It also provides a snapshot of the expenditure with respect to regions as well as segments

Market Dynamics: Insights into the technological developments in the Military Satellite market and a detailed analysis of the changing preferences of governments around the world. It also analyzes changing industry structure trends and the challenges faced by the industry participants

Segment Analysis: Insights into the Military Satellite market from a segmental perspective and a detailed analysis of factors influencing the market for each segment

Regional Review: Insights into modernization patterns and budgetary allocation for the top countries within a region

Regional Analysis: Insights into the Military Satellite market from a regional perspective and a detailed analysis of factors influencing the market for each region

Trend Analysis - Key Defense Market: Analysis of the key markets in each region, providing an analysis of the Military Satellite segments expected to be in demand in each region

Key Program Analysis: Details of the top programs in each segment expected to be executed during the forecast period

Competitive landscape analysis: Analysis of competitive landscape of the global Military Satellite industry. It provides an overview of key defense companies, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.

Companies reviewed in this report: The Boeing Company, Lockheed Martin Corporation, The Raytheon Company, QinetiQ Group plc, Northrop Grumman Corporation, Airbus Defence and Space, Harris Corporation, Israel Aerospace Industries, Intelsat General Corporation, ISS-Reshetnev, Mitsubishi Electric Corporation, Telespazio, Thales.

Scope

The global military satellite market is expected to grow at a CAGR of 2.50% over the forecast period.

The market consists of three categories: ISR, Communication, and Navigation satellites. It is expected to be dominated by the ISR Satellites segment, followed by Communication and Navigation segments. The North American region is forecasted to dominate the sector with a share of 39.2%, followed by the European market, which is dominated by Russia and France. China and India account for major market share in the Asia Pacific region.

Reasons to buy

Determine prospective investment areas based on a detailed trend analysis of the global military satellite market over the next ten years

Gain in-depth understanding about the underlying factors driving demand for different military satellite segments in the top spending countries across the world and identify the opportunities offered by each of them

Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others

Identify the major channels that are driving the global military satellite market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion

Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global military satellite market

Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top satellite providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available

Table of Contents
Product Code: DF0108SR

Table of Contents

Table of Contents

Executive Summary

Global Military Satellite Systems Market - Overview

Market Dynamics

Demand Drivers: Analysis of factors that trigger spending within the sector

Trends: Prevalent practices, industry consolidation and procurement patterns within the market

Technological Developments : New products, processes and innovations recently inducted within the sector

Key Challenges: Obstacles affecting sector growth

Military Satellite Systems - Segment Analysis

Segment Analysis: ISR

Market size and CAGR growth analysis, 2017-2027

Change in market share, 2017-2027

Segment Analysis: Communications

Market size and CAGR growth analysis, 2017-2027

Change in market share, 2017-2027

Segment Analysis: Navigation

Market size and CAGR growth analysis, 2017-2027

Change in market share, 2017-2027

Regional Review

Defense capital expenditure

Capex forecast, 2017- 2027

Factors influencing military modernization programs

Military Satellite Systems Market - Regional Analysis

Regional overview

Factors driving spending within the region

Regional expenditure on each sub-segment, 2017-2027

Market Size and CAGR growth analysis, 2017-2027

Change in market share, 2017-2027

Trend Analysis - Key Defense Markets

Country -wise breakdown of expenditure for each region

Sub-segment wise analysis for each country

Major Programs for each country

Market Size and CAGR growth analysis, 2017-2027

Change in market share, 2017-2027

Key Programs Analysis

Description of key programs

Delivery period, units, and total expenditure

Competitive Landscape Analysis

Competitive analysis - 13 leading companies

Major Products and Services

Major Alliances and Recent Contracts

Financial Analysis covering Revenue, Operating Profit, and Net Profit

Back to Top