Satellite Payloads Market Growth Set to Surge Significantly
by 2030
The Satellite Payloads Market report
represents gathered information about a market within an industry or various
industries. Satellite Payloads Market report includes analysis in terms of both
quantitative and qualitative data with a forecast period of the report
extending from 2025 to 2030 and projected to reach a CAGR of 25.9%.
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Report: https://www.delvens.com/get-free-sample/satellite-payloads-market
Satellite payload is defined as modules carried on
satellites with the ability to perform certain functionalities. Satellite
consists of the payload and the bus. Satellite bus is used to carry subsystems
and payloads, whereas payload is developed to perform specific functions such
as communications, imaging, and navigation while in orbit.
Regional Analysis
North America is projected to lead the satellite payloads
market from 2021 to 2028. The growth of
the satellite payloads market in North America can be attributed to the
increased demand for satellite payloads deployments, along with advancements in
digital payloads carried out by NASA, the US Department of Defense, and private
players, such as SpaceX (US), Sierra Nevada Corporation (US), and Lucix
Corporation (US).
Recent Developments
·
SKY Perfect JSAT (Japan) signed a contract with
Airbus to build Superbird-9, a fully digital in-orbit reconfigurable telecommunications
satellite. SKY Perfect JSAT estimates the total investment, including this
contract, to be around USD 273.95 Million.
·
Lockheed Martin (US) won USD 7.8 billion in
contracts—the first to develop 3 geostationary satellites and a separate
contract modification for manufacturing, assembly, integration, and testing.
Key Players of Satellite Payloads Market:
·
Airbus SE
·
The Boeing Company
·
Honeywell International Inc.
·
Intelsat S.A.
·
Lockheed Martin Corporation
·
Mitsubishi Electric Corporation
·
Northrop Grumman Corporation
·
Raytheon Technologies Corporation
·
Thales Group
·
Viasat, Inc. and More
Reasons to Acquire
·
Increase your understanding of the market for
identifying the best and suitable strategies and decisions on the basis of
sales or revenue fluctuations in terms of volume and value, distribution chain
analysis, market trends and factors
·
Gain authentic and granular data access for
Satellite Payloads Market so as to understand the trends and the factors
involved behind changing market situations
·
Qualitative and quantitative data utilization to
discover arrays of future growth from the market trends of leaders to market
visionaries and then recognize the significant areas to compete in the future
·
In-depth analysis of the changing trends of the
market by visualizing the historic and forecast year growth patterns
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