Global Satellite Bus Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Satellite Bus market size was valued at USD 9394.5 million in 2023 and is forecast to a readjusted size of USD 11750 million by 2030 with a CAGR of 3.3% during review period.
A satellite bus or spacecraft bus is a general model on which multiple-production satellite spacecraft are often based. The bus is the infrastructure of the spacecraft, usually providing locations for the payload (typically space experiments or instruments).
North America led the satellite bus market in 2017. The US government is increasingly investing in the satellite bus industry to enhance the capabilities and efficiency of satellite bus and launch vehicles. However, the satellite bus market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period. The Asia Pacific is considered a lucrative market for domestic and regional satellite bus manufacturers, and thus, the increase in the development of satellites is expected to propel the growth of the satellite bus market in this region.
The Global Info Research report includes an overview of the development of the Satellite Bus industry chain, the market status of Earth Observation & Meteorology (Small Satellite (1-500kg), Medium Satellite (501-2,500kg)), Communication (Small Satellite (1-500kg), Medium Satellite (501-2,500kg)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Satellite Bus.
Regionally, the report analyzes the Satellite Bus markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Satellite Bus market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Satellite Bus market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Satellite Bus industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., Small Satellite (1-500kg), Medium Satellite (501-2,500kg)).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Satellite Bus market.
Regional Analysis: The report involves examining the Satellite Bus market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Satellite Bus market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Satellite Bus:
Company Analysis: Report covers individual Satellite Bus manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Satellite Bus This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Earth Observation & Meteorology, Communication).
Technology Analysis: Report covers specific technologies relevant to Satellite Bus. It assesses the current state, advancements, and potential future developments in Satellite Bus areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Satellite Bus market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Satellite Bus market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Small Satellite (1-500kg)
Medium Satellite (501-2,500kg)
Large Satellite (Above 2,500kg)
Market segment by Application
Earth Observation & Meteorology
Communication
Scientific Research & Exploration
Surveillance & Security
Mapping
Navigation
Major players covered
Northrop Grumman
Lockheed Martin
Thales Alenia Space
Airbus
China Academy of Space Technology
Israel Aerospace
Boeing
Honeywell
Mitsubishi
Ball
MDA
Sierra Nevada
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Satellite Bus product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Satellite Bus, with price, sales, revenue and global market share of Satellite Bus from 2019 to 2024.
Chapter 3, the Satellite Bus competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Satellite Bus breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Satellite Bus market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Satellite Bus.
Chapter 14 and 15, to describe Satellite Bus sales channel, distributors, customers, research findings and conclusion.