[176 Pages Report] The satellite payloads market is estimated to be USD 11.84 Billion in 2017 and is projected to reach USD 18.15 Billion by 2022, at a CAGR of 8.92% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.

Objective of the Study:

The objective of this study is to analyze the satellite payloads market, along with statistics from 2016 to 2022 as well as to define, describe, and forecast the satellite payloads market and map the segments and subsegments across major regions, namely, North America, Europe, Asia-Pacific, and RoW. On the basis of orbit type, the satellite payloads market has been segmented into LEO, GEO, and MEO. On the basis of payload type, the market has been segmented into communication, imaging, navigation, and others. Based on payload weight, the market has been segmented into low, medium, and high. Based on vehicle type, the market has been segmented into small and medium-to-heavy. On the basis of frequency band, the market has been segmented into C, K/KU/KA band, S & L band, X band, VHF & UHF band, and others. And on the basis of application, the market has been segmented into telecommunication, remote sensing, scientific research, surveillance, and navigation.

The report provides in-depth market intelligence regarding market dynamics and major factors, such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the satellite payloads market, along with analyzing micromarkets with respect to individual growth trends, future prospects, and their contribution to the market.

The report also covers competitive developments, such as long-term contracts, joint ventures, mergers, new product launches & developments, and research & development activities in the satellite payloads market, in addition to business and corporate strategies adopted by key market players.

Research Methodology:

The research methodology used to estimate and forecast the satellite payloads market begins with obtaining data on revenues of key satellite payload providers through secondary sources, such as news articles and journals/magazines. The satellite payload offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall satellite payloads market size from the revenues of key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with market experts, such as CEOs, VPs, directors, and executives. These data triangulation and market breakdown procedures were employed to complete the overall satellite payloads market size engineering process and arrive at the exact statistics for all segments and subsegments. Breakdown of profiles of primaries is depicted in the figure below:

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The ecosystem of the satellite payloads market comprises manufacturers, suppliers, and technology support providers. Airbus Defence and Space (France), Boeing (U.S.), Thales Group (France), Lockheed Martin Corporation (U.S.), and Mitsubishi Electric Corporation (Japan) are some of the established market players. These leading players offer advanced technology systems, products, and services. They also provide a broad range of management, engineering, technical, communications, and information service capabilities.

Target Audience

Component Providers

Original Equipment Manufacturers

Sub-system Manufacturers

Ministry of Defense

Technology Support Providers

Scientific Research Centers

�The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.�

Scope of the Report

This research report categorizes the satellite payloads market into the following segments and subsegments:

Satellite Payloads Market: By Orbit Type LEO (Low Earth orbit) GEO (Geosynchronous Earth orbit) MEO (Medium Earth orbit)

Satellite Payloads Market: By Payload Type Communication Imaging Navigation Others

Satellite Payloads Market: By Payload Weight Low Medium High

Satellite Payloads Market: By Vehicle Type Small Medium-to-heavy

Satellite Payloads Market: By Frequency Band C, K/KU/KA band S & L band X band VHF & UHF band Others

Satellite Payloads Market: By Application Telecommunication Remote Sensing Scientific research Surveillance Navigation

Satellite Payloads Market: By Region North America Europe Asia-Pacific RoW



Available Customizations:

Along with market data, MarketsandMarkets offers customizations as per specific needs of a company. The following customization options are available for the report:

Company Information Detailed analysis and profiling of additional market players (up to five)



The satellite payloads market is estimated to be USD 11.84 Billion in 2017 and is projected to reach USD 18.15 Billion by 2022, at a CAGR of 8.92% during the forecast period. Factors such as increased demand for hosted payloads, satellite miniaturization, and reducing costs of satellites are expected to fuel the growth of the satellite payloads market.

Based on orbit type, the GEO (geostationary earth orbit) segment of the satellite payloads market is projected to grow at the highest CAGR during the forecast period. These satellites are majorly used for telephone networks, TV & radio broadcast, and weather forecast. The LEO segment is expected to witness the second-highest growth. On the basis of payload weight, the low weight segment is projected to grow at the highest CAGR during the forecast period. Low payload satellites are easier to carry and require lower payload launch vehicles.

Among applications, the telecommunication application segment is estimated to dominate the satellite payloads market during the forecast period. With the increasing research and development activities, communication-related missions are expected to offer enhanced quality communication systems with the help of highly sophisticated miniaturized on-board nano, micro, and mini subsystems.

Based on vehicle type, the small satellite segment is projected to grow at the highest CAGR during the forecast period. The small satellites find applications industries such as aviation, military, television & entertainment, and space research & development, among others. Based on frequency band, the C, K/KU/KA band segment is estimated to lead the satellite payloads market. C, K, Ku, & Ka bands are generally used for telecommunication and broadcast operations.

The North American region is estimated to lead the satellite payloads market in 2017. Disruptive technologies in the region�s satellite industry are transforming the way the companies do their businesses, thereby helping them gain a competitive advantage in other regions as well. The satellite payloads market in North America is expected to witness high growth during the forecast period.

Factors such as scarce intellectual workforce and highly dynamic technological environment may act as restraints for the market.

Key players profiled in the satellite payloads market report include Airbus Defence and Space (France), Boeing (U.S.), Thales Group (France), Lockheed Martin Corporation (U.S.), and Mitsubishi Electric Corporation (Japan), among others. Contract was among the key strategies adopted by the leading market players to sustain their position in the satellite payloads market. This strategy was adopted by companies to increase their reach and enhance their revenue and service offerings.

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