Study Period | 2017 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Market Size (2025) | USD 0.98 Billion |
Market Size (2030) | USD 2.11 Billion |
CAGR (2025 - 2030) | 16.63 % |
Market Concentration | High |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Europe Satellite Bus Market Analysis
The Europe Satellite Bus Market size is estimated at 0.98 billion USD in 2025, and is expected to reach 2.11 billion USD by 2030, growing at a CAGR of 16.63% during the forecast period (2025-2030).
The European satellite bus industry is experiencing significant transformation driven by technological advancements and evolving market demands. The industry landscape is characterized by increasing collaboration between private companies and research institutes to develop and launch satellite systems and conduct scientific research in space. The European Space Agency (ESA) continues to play a pivotal role in coordinating these efforts, working alongside private companies like Sener Group, Jena-Optronik GmbH, and Thales to advance satellite technology capabilities. The standardization of satellite bus platforms has enabled manufacturers to build a range of satellites for different applications with enhanced reliability and cost-effectiveness, as evidenced by the successful deployment of over 550 satellites operated by European operators across various applications.
The industry is witnessing a notable shift in satellite technology applications and use cases, particularly in communications and Earth observation sectors. In March 2023, Thales Alenia Space secured contracts from the ESA to supply the first batch of six small satellites with synthetic aperture radars and one satellite based on optical technology for the Italian Earth observation constellation IRIDE. These satellites are built on the modular NIMBUS satellite platform, optimized for multi-launch capabilities, accommodating up to eight satellites in a cylindrical dispenser. The versatility of modern satellite bus platforms is demonstrated through their ability to support various missions, from communications and navigation to scientific research and military applications.
Strategic partnerships and technological innovations are reshaping the competitive landscape. In 2023, the ESA announced its plans to launch a unique comet-chasing mission in 2029 in partnership with JAXA, consisting of three probes that will wait in Lagrange Point 2 for a pristine comet. The industry is also witnessing significant developments in military and defense applications, as exemplified by the Critical Design Review completion for the UK MoD's SKYNET 6A military communications satellite in July 2022, which utilizes Airbus' Eurostar Neo spacecraft bus platform offering scalable power ranges from 7 kW to 25 kW.
The future outlook of the European satellite bus market is characterized by ambitious projects and technological advancement. The ESA's ROSE-L (Radar Observing System for Europe in L-band) mission, scheduled for launch in 2028, represents a significant step forward in Earth observation capabilities. The industry is experiencing a shift toward more sophisticated and versatile satellite platform platforms, capable of supporting multiple mission profiles. This evolution is supported by increasing investment in research and development, with European countries recognizing the importance of various space investments and enhancing their capabilities in areas such as Earth observation, satellite navigation, connectivity, and space research to maintain competitiveness in the global space industry.
Europe Satellite Bus Market Trends
Europe’s satellite industry benefits from a strong architecture for satellite design and manufacture, designed to meet specific application needs
- Classifying spacecraft by mass is one of the main metrics for determining launch vehicle size and the cost of launching satellites into orbit. The success of a satellite mission depends heavily on the accuracy of its pre-flight mass measurement and the proper balance of the satellite to generate mass within limits.
- Satellites are classified according to their mass, and the main mass classifications are large satellites over 1,000 kg. Between 2017 and 2022, more than 35+ large satellites owned by European organizations were launched. A medium-sized satellite has a mass between 500 kg and 1,000 kg. European organizations operated more than 15+ satellites that were launched during the historical period. Satellites with a mass of less than 500 kg are considered small satellites, and about 460+ small satellites were launched in the region.
- There is a growing trend toward smaller satellites in the region due to their shorter development times, which can reduce overall mission costs. These satellites have made it possible to significantly reduce the time required to obtain scientific and technological results. Small spacecraft missions tend to be flexible and can better respond to new technological opportunities or needs. The small satellite industry in Europe is supported by the presence of a robust framework for designing and manufacturing small satellites tailored to serve specific application profiles. The number of operations in the European region is expected to increase during 2023-2029, driven by the growing demand in the commercial and military space sectors.
Increasing space expenditures of different space agencies are expected to positively impact the European satellite industry
- Increased demand for satellites from the civil/government, commercial, and military sectors has been witnessed over recent years. Currently, some European countries, such as France and Germany, have adequate capabilities in the field of satellite bus manufacturing. However, due to the growing shift toward manufacturing smaller satellites, the manufacturing base of satellite buses is expected to expand across Europe.
- European countries are recognizing the importance of various investments in the space domain and increasing their spending in areas such as Earth observation, satellite navigation, connectivity, space research, and innovation to stay competitive and innovative in the global space industry.
- On this note, in November 2022, ESA announced that it had proposed a 25% boost in space funding over the next three years designed to maintain Europe's lead in Earth observation, expand navigation services, and remain a partner in exploration with the United States. The European Space Agency (ESA) has asked its 22 nations to back a budget of EUR 18.5 billion for 2023-2025. In September 2022, France announced its plans to increase spending on national and European space programs as the ESA works to secure commitments for its own significant budget increase. The government announced its plans to allocate more than USD 9 billion to space activities, an increase of about 25% over the past three years.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- The increased importance of satellite miniaturization has aided the market's growth
Segment Analysis: Application
Communication Segment in Europe Satellite Bus Market
The communication segment dominates the Europe satellite bus market, accounting for approximately 79% of the total market value in 2024. This significant market share is driven by the increasing demand for uninterrupted connectivity across various sectors, including media and entertainment, aviation, television, internet, space, and telecommunications. The growing need for motion communication solutions across platforms such as military vehicles, commercial vehicles, ships, and trains continues to fuel the segment's dominance. Europe's innovation-friendly government policies and infrastructure have made it a crucial region for introducing and developing new satellite platform technologies. Large private companies in Europe are actively expanding connectivity in the transport industry and Internet of Things (IoT) applications, focusing on fleet management, remote maintenance, infrastructure development, and cellular backhaul services for carriers and direct-to-consumer markets.
![Market Analysis of Europe Satellite Bus Market: Chart for Application](https://s3.mordorintelligence.com/europe-satellite-bus-market/europe-satellite-bus-market-Europe-Satellite-Bus-Market-Market-Share-by-Application-Segment-2024-1737439303531.webp)
Navigation Segment in Europe Satellite Bus Market
The navigation segment is emerging as the fastest-growing segment in the Europe satellite bus market, with a projected growth rate of approximately 41% during 2024-2029. This remarkable growth is driven by the increasing adoption of satellite system navigation for various applications. The European Space Agency (ESA) is actively developing and testing new navigation satellites that will orbit closer to Earth than existing ones, aiming to provide more accurate position data for everyday devices. The space agency's plans include building and launching an initial constellation of at least half a dozen satellites to test new technologies. These satellites are designed to be relatively small compared to traditional navigation satellites, weighing about 150 pounds, making them more cost-effective and efficient for deployment. The growing integration of navigation capabilities in various sectors, from autonomous vehicles to precision agriculture, continues to drive innovation and expansion in this segment.
Remaining Segments in Application Segmentation
The Earth observation, space observation, and other segments complete the Europe satellite bus market's application landscape. The Earth observation segment plays a crucial role in climate monitoring, natural resource management, and disaster response activities, while the space observation segment focuses on studying planets, asteroids, comets, and other celestial bodies for research and exploration purposes. The remaining applications include automatic identification systems (AIS), surveillance and reconnaissance, and remote sensing, primarily serving military and security applications. These segments collectively contribute to the market's diversity and demonstrate the versatility of satellite components across different sectors, from scientific research to national security.
Segment Analysis: Satellite Mass
10-100kg Segment in Europe Satellite Bus Market
The 10-100kg segment dominates the Europe satellite bus market, commanding approximately 65% market share in 2024. This segment's prominence is driven by the growing demand for microsatellites across various applications, including Earth observation, communications, scientific research, and technology demonstration. The versatility of satellite platform in this mass range has attracted both commercial and government operators, with notable developments in Earth observation missions. For instance, the European Space Agency's HydroGNSS project utilizes the SSTL-21 bus, demonstrating the segment's capabilities in supporting sophisticated missions. The Norwegian University of Science and Technology's HYPSO mission, utilizing NanoAvionic's multipurpose 6U platform with advanced propulsion systems, further exemplifies the segment's technological advancement and market leadership. Additionally, the segment benefits from reduced development costs and faster time-to-market through pre-designed and tested platforms that can be customized for different mission requirements.
Remaining Segments in Satellite Mass
The satellite bus market encompasses several other mass segments that serve distinct purposes and applications. The above 1000kg segment caters to long-life operational purposes, primarily carrying larger remote sensing payloads and more transponders for communication applications. The 500-1000kg segment serves medium-sized satellites, particularly useful in telecommunications and remote sensing applications. The 100-500kg segment focuses on minisatellites, which are increasingly deployed in constellation configurations for various Earth observation and communication missions. The below 10kg segment, representing nanosatellites, offers cost-effective solutions for smaller organizations and startups, particularly in research and technology demonstration missions. Each of these segments contributes uniquely to the market's diversity and technological advancement, serving specific mission requirements and operational needs.
Segment Analysis: Orbit Class
LEO Segment in Europe Satellite Bus Market
Low Earth Orbit (LEO) dominates the Europe satellite bus market, commanding approximately 72% of the total market value in 2024. This significant market share is primarily driven by the increasing adoption of LEO satellites in modern communication technologies and Earth observation applications. The segment's dominance is further strengthened by the growing trend of satellite constellations, particularly in the communications sector. Major companies like Airbus and OneWeb have been actively developing satellite structure specifically designed for LEO applications, such as the Arrow 150 platform, which is optimized for satellites weighing up to 200 kg with extended operational lifetimes. The segment's strong position is also supported by the rising demand for Earth observation data, remote sensing applications, and the expansion of global communication networks, making LEO the preferred orbit for various commercial and scientific missions.
MEO Segment in Europe Satellite Bus Market
The Medium Earth Orbit (MEO) segment is experiencing the fastest growth in the Europe satellite bus market, with projections indicating a robust growth rate of approximately 21% during 2024-2029. This accelerated growth is driven by MEO's unique advantages, including wider coverage and longer contact times compared to LEO, making it particularly attractive for communication and remote sensing applications. The segment's growth is further fueled by the increasing demand from scientific and research organizations focusing on Earth observation and space weather monitoring activities. MEO satellites are becoming increasingly popular due to their optimal balance of coverage, reduced atmospheric drag, and cost-effectiveness compared to GEO satellites. The segment is witnessing significant technological advancements in radiation-hardened components and AI-driven systems, which are enhancing the capabilities and reliability of MEO satellite buses.
Remaining Segments in Orbit Class
The Geostationary Earth Orbit (GEO) segment continues to play a crucial role in the Europe satellite bus market, particularly for applications requiring constant coverage of specific geographical areas. GEO satellites are essential for various applications, including satellite-based television broadcasting, weather forecasting, and military communication systems. European satellite manufacturers have developed specialized bus designs for GEO applications, such as the Spacebus NEO by Thales Alenia Space, which supports a wide range of payloads, including large television broadcasting antennas and high-power amplifiers. The GEO segment maintains its importance in the market due to its unique ability to provide continuous coverage over large geographical areas, making it indispensable for certain communication and broadcasting applications.
Segment Analysis: End User
Commercial Segment in Europe Satellite Bus Market
The commercial segment dominates the Europe satellite bus market, accounting for approximately 68% of the total market value in 2024. This significant market share is primarily driven by the increasing deployment of satellites for various telecommunication services, including enterprise data services for retail and banking sectors, as well as oil, gas, and mining industries. The segment's growth is further bolstered by the rising demand for broadcast services, internet connectivity, and the expansion of satellite-based communication networks. Major commercial operators are actively investing in satellite constellations for improved global coverage and enhanced communication capabilities. The presence of established commercial satellite manufacturers and operators in Europe, coupled with their robust distribution channels and technological capabilities, continues to strengthen this segment's market position.
Military & Government Segment in Europe Satellite Bus Market
The military and government segment is projected to experience substantial growth at approximately 21% during the forecast period 2024-2029. This growth is driven by increasing investments in defense and security satellites, particularly for applications such as secure communications, surveillance, and reconnaissance missions. The segment's expansion is supported by various European defense agencies' initiatives to enhance their space capabilities and modernize their satellite infrastructure. Military satellites require specialized features such as higher reliability, security, and resilience levels compared to commercial satellites, driving the demand for advanced spacecraft bus systems. The growing emphasis on space-based military operations and the need for secure, high-bandwidth communication channels for tactical operations are further propelling the segment's growth.
Remaining Segments in End User Segmentation
The other end-user segment, primarily comprising academic institutions, research organizations, and non-governmental organizations, plays a vital role in advancing satellite technology and space research. These organizations focus on scientific research, technology demonstration missions, and experimental satellite deployments. Academic institutions particularly contribute to the development of innovative satellite technologies and applications through various research programs and collaborative projects. The segment's activities primarily revolve around Earth observation, space weather monitoring, and other scientific research applications. These institutions often partner with commercial and government entities to advance space technology and contribute to the overall development of the satellite industry.
Europe Satellite Bus Industry Overview
Top Companies in Europe Satellite Bus Market
The European satellite bus market is characterized by continuous product innovation and technological advancement across major players. Companies are focusing on developing next-generation satellite buses with enhanced capabilities, including improved power management systems, advanced propulsion technologies, and increased payload capacity. Operational agility is demonstrated through the establishment of specialized manufacturing facilities and integration centers across strategic locations in Europe. Strategic partnerships and collaborations with space agencies, research institutions, and commercial entities have become increasingly common to share expertise and resources. Market leaders are expanding their geographical footprint through new facilities in key markets while also investing in research and development centers to maintain technological leadership. The industry has witnessed a trend toward modular and standardized satellite bus designs to accommodate various mission requirements and reduce production costs.
Market Dominated by Established Space Conglomerates
The European satellite manufacturing market structure is characterized by the strong presence of large aerospace and defense conglomerates with established space divisions. These major players possess extensive manufacturing capabilities, comprehensive research and development facilities, and long-standing relationships with government space agencies and commercial customers. The market demonstrates a relatively high level of consolidation, with a few key players controlling significant market share through their advanced technological capabilities and proven track records in delivering reliable satellite bus systems. The competitive landscape is further shaped by the presence of specialized satellite manufacturers who focus on specific market segments or innovative technologies.
The market has witnessed strategic mergers and acquisitions aimed at expanding technological capabilities and market reach. Companies are acquiring specialized firms to enhance their product portfolios and gain access to new technologies or market segments. Joint ventures and strategic alliances have become common strategies for companies to combine their strengths and address the growing demand for advanced satellite manufacturing systems. The industry also sees collaboration between established players and emerging companies to develop innovative solutions and address evolving market needs.
Innovation and Adaptability Drive Future Success
Success in the European satellite technology market increasingly depends on companies' ability to innovate and adapt to changing market demands. Manufacturers must focus on developing cost-effective, flexible satellite bus platforms that can accommodate various payload requirements and mission objectives. Companies need to invest in advanced manufacturing technologies and processes to improve production efficiency and reduce lead times. Building strong relationships with key stakeholders, including government space agencies, commercial satellite operators, and research institutions, remains crucial for long-term success. Manufacturers must also focus on developing environmentally sustainable solutions and addressing space debris concerns to meet evolving regulatory requirements.
Market players need to address the growing demand for small satellite components while maintaining capabilities in traditional larger platforms. Companies must develop strategies to compete effectively in both commercial and government markets, as these segments have different requirements and procurement processes. Success also depends on the ability to provide comprehensive support services throughout the satellite lifecycle, including integration, testing, and post-launch support. Manufacturers need to maintain strong supply chain relationships and ensure component availability while managing costs effectively. Additionally, companies must stay ahead of potential regulatory changes and industry standards that could impact satellite infrastructure design and manufacturing processes.
Europe Satellite Bus Market Leaders
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Airbus SE
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Honeywell International Inc.
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Lockheed Martin Corporation
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Northrop Grumman Corporation
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Thales
- *Disclaimer: Major Players sorted in no particular order
Europe Satellite Bus Market News
- October 2020: NanoAvionics expanded its presence in the United Kingdom by beginning operations at its new facility in Basingstoke for satellite assembly, integration, and testing (AIT), as well as sales, technical support, and R&D activities.
- August 2020: SNC introduced two new satellite platforms to its spacecraft offerings, the SN-200M satellite bus, designed for medium Earth orbit (MEO), and SN-1000.
- July 2020: SNC was awarded a contract by the Defense Innovation Unit (DIU) for repurposing its Shooting Star transport vehicle to an Unmanned Orbital Outpost, a scalable and autonomous space.
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We offer a comprehensive set of global and local metrics that illustrate the fundamentals of the satellites industry. Clients can access in-depth market analysis of various satellites and launch vehicles through granular level segmental information supported by a repository of market data, trends, and expert analysis. Data and analysis on satellite launches, satellite mass, application of satellites, spending on space programs, propulsion systems, end users, etc., are available in the form of comprehensive reports as well as excel based data worksheets.
Europe Satellite Bus Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Satellite Miniaturization
- 4.2 Satellite Mass
- 4.3 Spending On Space Programs
-
4.4 Regulatory Framework
- 4.4.1 France
- 4.4.2 Germany
- 4.4.3 Russia
- 4.4.4 United Kingdom
- 4.5 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2030 and analysis of growth prospects)
-
5.1 Application
- 5.1.1 Communication
- 5.1.2 Earth Observation
- 5.1.3 Navigation
- 5.1.4 Space Observation
- 5.1.5 Others
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5.2 Satellite Mass
- 5.2.1 10-100kg
- 5.2.2 100-500kg
- 5.2.3 500-1000kg
- 5.2.4 Below 10 Kg
- 5.2.5 above 1000kg
-
5.3 Orbit Class
- 5.3.1 GEO
- 5.3.2 LEO
- 5.3.3 MEO
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5.4 End User
- 5.4.1 Commercial
- 5.4.2 Military & Government
- 5.4.3 Other
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 Airbus SE
- 6.4.2 Ball Corporation
- 6.4.3 Honeywell International Inc.
- 6.4.4 Lockheed Martin Corporation
- 6.4.5 Nano Avionics
- 6.4.6 NEC
- 6.4.7 Northrop Grumman Corporation
- 6.4.8 OHB SE
- 6.4.9 Sierra Nevada Corporation
- 6.4.10 Thales
7. KEY STRATEGIC QUESTIONS FOR SATELLITE CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- MINIATURE SATELLITES (BELOW 10KG), NUMBER OF LAUNCHES, EUROPE, 2017 - 2022
- Figure 2:
- SATELLITE MASS (ABOVE 10KG) BY COUNTRY, NUMBER OF SATELLITES LAUNCHED, EUROPE, 2017 - 2022
- Figure 3:
- SPENDING ON SPACE PROGRAMS BY COUNTRY, USD, EUROPE, 2017 - 2022
- Figure 4:
- EUROPE SATELLITE BUS MARKET, VALUE, USD, 2017 - 2029
- Figure 5:
- VALUE OF SATELLITE BUS MARKET BY APPLICATION, USD, EUROPE, 2017 - 2029
- Figure 6:
- VALUE SHARE OF SATELLITE BUS MARKET BY APPLICATION, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 7:
- VALUE OF COMMUNICATION MARKET, USD, EUROPE, 2017 - 2029
- Figure 8:
- VALUE OF EARTH OBSERVATION MARKET, USD, EUROPE, 2017 - 2029
- Figure 9:
- VALUE OF NAVIGATION MARKET, USD, EUROPE, 2017 - 2029
- Figure 10:
- VALUE OF SPACE OBSERVATION MARKET, USD, EUROPE, 2017 - 2029
- Figure 11:
- VALUE OF OTHERS MARKET, USD, EUROPE, 2017 - 2029
- Figure 12:
- VALUE OF SATELLITE BUS MARKET BY SATELLITE MASS, USD, EUROPE, 2017 - 2029
- Figure 13:
- VALUE SHARE OF SATELLITE BUS MARKET BY SATELLITE MASS, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 14:
- VALUE OF 10-100KG MARKET, USD, EUROPE, 2017 - 2029
- Figure 15:
- VALUE OF 100-500KG MARKET, USD, EUROPE, 2017 - 2029
- Figure 16:
- VALUE OF 500-1000KG MARKET, USD, EUROPE, 2017 - 2029
- Figure 17:
- VALUE OF BELOW 10 KG MARKET, USD, EUROPE, 2017 - 2029
- Figure 18:
- VALUE OF ABOVE 1000KG MARKET, USD, EUROPE, 2017 - 2029
- Figure 19:
- VALUE OF SATELLITE BUS MARKET BY ORBIT CLASS, USD, EUROPE, 2017 - 2029
- Figure 20:
- VALUE SHARE OF SATELLITE BUS MARKET BY ORBIT CLASS, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 21:
- VALUE OF GEO MARKET, USD, EUROPE, 2017 - 2029
- Figure 22:
- VALUE OF LEO MARKET, USD, EUROPE, 2017 - 2029
- Figure 23:
- VALUE OF MEO MARKET, USD, EUROPE, 2017 - 2029
- Figure 24:
- VALUE OF SATELLITE BUS MARKET BY END USER, USD, EUROPE, 2017 - 2029
- Figure 25:
- VALUE SHARE OF SATELLITE BUS MARKET BY END USER, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 26:
- VALUE OF COMMERCIAL MARKET, USD, EUROPE, 2017 - 2029
- Figure 27:
- VALUE OF MILITARY & GOVERNMENT MARKET, USD, EUROPE, 2017 - 2029
- Figure 28:
- VALUE OF OTHER MARKET, USD, EUROPE, 2017 - 2029
- Figure 29:
- NUMBER OF STRATEGIC MOVES OF MOST ACTIVE COMPANIES, EUROPE SATELLITE BUS MARKET, EUROPE, 2017 - 2029
- Figure 30:
- TOTAL NUMBER OF STRATEGIC MOVES OF COMPANIES, EUROPE SATELLITE BUS MARKET, EUROPE, 2017 - 2029
- Figure 31:
- MARKET SHARE OF EUROPE SATELLITE BUS MARKET, %, EUROPE, 2023
Europe Satellite Bus Industry Segmentation
Communication, Earth Observation, Navigation, Space Observation, Others are covered as segments by Application. 10-100kg, 100-500kg, 500-1000kg, Below 10 Kg, above 1000kg are covered as segments by Satellite Mass. GEO, LEO, MEO are covered as segments by Orbit Class. Commercial, Military & Government are covered as segments by End User.Application | Communication |
Earth Observation | |
Navigation | |
Space Observation | |
Others | |
Satellite Mass | 10-100kg |
100-500kg | |
500-1000kg | |
Below 10 Kg | |
above 1000kg | |
Orbit Class | GEO |
LEO | |
MEO | |
End User | Commercial |
Military & Government | |
Other |
Market Definition
- Application - Various applications or purposes of the satellites are classified into communication, earth observation, space observation, navigation, and others. The purposes listed are those self-reported by the satellite’s operator.
- End User - The primary users or end users of the satellite is described as civil (academic, amateur), commercial, government (meteorological, scientific, etc.), military. Satellites can be multi-use, for both commercial and military applications.
- Launch Vehicle MTOW - The launch vehicle MTOW (maximum take-off weight) means the maximum weight of the launch vehicle during take-off, including the weight of payload, equipment and fuel.
- Orbit Class - The satellite orbits are divided into three broad classes namely GEO, LEO, and MEO. Satellites in elliptical orbits have apogees and perigees that differ significantly from each other and categorized satellite orbits with eccentricity 0.14 and higher as elliptical.
- Propulsion tech - Under this segment, different types of satellite propulsion systems have been classified as electric, liquid-fuel and gas-based propulsion systems.
- Satellite Mass - Under this segment, different types of satellite propulsion systems have been classified as electric, liquid-fuel and gas-based propulsion systems.
- Satellite Subsystem - All the components and subsystems which includes propellants, buses, solar panels, other hardware of satellites are included under this segment.
Keyword | Definition |
---|---|
Attitude Control | The orientation of the satellite relative to the Earth and the sun. |
INTELSAT | The International Telecommunications Satellite Organization operates a network of satellites for international transmission. |
Geostationary Earth Orbit (GEO) | Geostationary satellites in Earth orbit 35,786 km (22,282 mi) above the equator in the same direction and at the same speed as the earth rotates on its axis, making them appear fixed in the sky. |
Low Earth Orbit (LEO) | Low Earth Orbit satellites orbit from 160-2000km above the earth, take approximately 1.5 hours for a full orbit and only cover a portion of the earth’s surface. |
Medium Earth Orbit (MEO) | MEO satellites are located above LEO and below GEO satellites and typically travel in an elliptical orbit over the North and South Pole or in an equatorial orbit. |
Very Small Aperture Terminal (VSAT) | Very Small Aperture Terminal is an antenna that is typically less than 3 meters in diameter |
CubeSat | CubeSat is a class of miniature satellites based on a form factor consisting of 10 cm cubes. CubeSats weigh no more than 2 kg per unit and typically use commercially available components for their construction and electronics. |
Small Satellite Launch Vehicles (SSLVs) | Small Satellite Launch Vehicle (SSLV) is a three-stage Launch Vehicle configured with three Solid Propulsion Stages and a liquid propulsion-based Velocity Trimming Module (VTM) as a terminal stage |
Space Mining | Asteroid mining is the hypothesis of extracting material from asteroids and other asteroids, including near-Earth objects. |
Nano Satellites | Nanosatellites are loosely defined as any satellite weighing less than 10 kilograms. |
Automatic Identification System (AIS) | Automatic identification system (AIS) is an automatic tracking system used to identify and locate ships by exchanging electronic data with other nearby ships, AIS base stations, and satellites. Satellite AIS (S-AIS) is the term used to describe when a satellite is used to detect AIS signatures. |
Reusable launch vehicles (RLVs) | Reusable launch vehicle (RLV) means a launch vehicle that is designed to return to Earth substantially intact and therefore may be launched more than one time or that contains vehicle stages that may be recovered by a launch operator for future use in the operation of a substantially similar launch vehicle. |
Apogee | The point in an elliptical satellite orbit which is farthest from the surface of the earth. Geosynchronous satellites which maintain circular orbits around the earth are first launched into highly elliptical orbits with apogees of 22,237 miles. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. For sales conversion to volume, the average selling price (ASP) is kept constant throughout the forecast period for each country, and inflation is not a part of the pricing.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms.