DUBLIN--(BUSINESS WIRE)--The "Global Satellite Manufacturing and Launch Systems Market - Segmented by Application (Military, Commercial, and Government) and Geography - Market Forecast and Analysis (2018 - 2023)" report has been added to Research and Markets' offering.
The global satellite manufacturing and launch systems market is expected to grow at a CAGR of 5.32% till 2021.
Satellite applications, in both the military and civil sectors, have increased tremendously in the past decade. Specifically, the growing use of unmanned aerial vehicles and smart weapons have imposed greater constraints on the existing infrastructure. The rising use of such systems and spike in telemetry applications have increased the demand for satellites tremendously, acting as the major drivers of the satellite manufacturing and launch market. Till recently, only a handful of countries had their own location positioning systems; however, most countries now find the need for a dedicated satellite of their own. In 2016, India joined the very short list of nations having an individual positioning system.
Challenges related to outlining and assembling, as well as spending cuts in the military and guard divisions of Europe and the US, are expected to hamper the market growth. Development of an all-electric propulsion system for satellites would increase the efficiency and contribute significantly to the market.
Orbital ATK, Boeing Defense Space & Security, Antrix Corporation Ltd, Airbus Defense and Space, and SSL are some of the important players in the global satellite manufacturing and launch market.
Key Topics Covered:
2. Executive Summary
3. Market Overview And Trends
4. Market Dynamics
5. Global Satellite Manufacturing And Launch Systems, Segmented By Type
6. Global Satellite Manufacturing And Launch Systems, Segmented By Application
7. Global Satellite Manufacturing And Launch Systems, Segmented By Geography
8. Competitive Landscape
9. Key Vendor Analysis (Overview, Products & Services, And Strategies)
- Orbital Atk
- Airbus Defense and Space
- Boeing Defense Space & Security
- Sierra Nevada
- Lockheed Martin
For more information about this report visit https://www.researchandmarkets.com/research/ndtv2x/global_satellite