The size of the global satellite payload market is expected to reach USD 21.8 billion by 2025. The market space exploration activity is expected to accelerate the market growth during the forecast period.
As the trend of miniaturization increases, small radar cameras and sensors that are commonly attached to large satellites have been developed to produce high quality images of the Earth’s surface. These small satellites are equipped with payloads that provide information about land cover characteristics, urban areas, and other multipurpose images. However, high design and manufacturing costs are expected to pose a serious challenge to the market growth in the coming years.
A full report of Global Satellite Payloads Market available at: https://www.orionmarketreports.com/satellite-payloads-market/48371/
Satellite Payloads Market Segmentations
By Orbit Type
• Leo
• Meo
• Geo
By Payload Type
• Communication
• Imaging
• Navigation
By Vehicle Type
• Small
• Medium to Heavy
By Payload Weight
• Low
• Medium
• High
By Frequency Band
• C
• K/Ku/Ka Band
• S & L Band
• X Band
• Vhf & Uhf Band
• Others
By Application
• Telecommunication
• Remote Sensing
• Scientific Research
• Surveillance
• Navigation
By Geography
North America
• U.S.
• Canada
• Mexico
Europe
• UK
• Germany
• France
• Russia
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Australia
• Rest of Asia-Pacific
LAMEA
• Latin America
• Middle East
• Africa
Key Players
• Airbus Group
• Boeing Company
• Honeywell International Inc.
• Intelsat General Corporation
• Lockheed Martin Corporation
• Mitsubishi Electric Corporation
• Orbital Atk, Inc.
• Raytheon Company
• Thales Group
• Viasat, Inc.
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