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Global Military Satellite Market 2017-2021

Global Military Satellite Market 2017-2021

About Military Satellite

Satellite is an artificial platform placed manually into orbit to serve various purposes. The functions of satellites encompass weather information, Earth observation, and research. The military satellites are employed in missions like intelligence gathering, navigation, and military communications. Satellites are launched into space to provide various services, such as communications, surveillance, telemetry, and remote sensing. They are designed specifically as per their intended applications. Depending on the type of application, satellites are classified as navigation satellites, communications satellites, reconnaissance satellites, and remote sensing satellites

Technavio’s analysts forecast the global military satellite market to grow at a CAGR of 5.95% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global military satellite market for 2017-2021. To calculate the market size, the report considers the revenue generated by the vendors supplying military satellites and hosted payloads to various defense agencies across the globe.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Military Satellite Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Boeing
  • IAI
  • Northrop Grumman
  • Thales Alenia Space
  • Raytheon
Other prominent vendors
  • Airbus Defence and Space
  • China SpaceSat
  • Lockheed Martin
  • OHB
Market driver
  • Preference for hosted payload
  • For a full, detailed list, view our report
Market challenge
  • Delays and unsuccessful attempts of satellite launch
  • For a full, detailed list, view our report
Market trend
  • Increasing collaborative agreements with private SATCOM providers
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Military Satellite Market 2017-2021

Technavio recognizes the following companies as the key players in the global military satellite market: Boeing, IAI, Northrop Grumman, Thales Alenia Space, and Raytheon.

Other Prominent Vendors in the market are: Airbus Defence and Space, China SpaceSat, Lockheed Martin, and OHB.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing collaborative agreements with private SATCOM providers. The defense agencies are inclining toward outsourcing some of their valuable mission and operation requirements from private entities. In November 2016, the USAF, on behalf of the US DoD, addressed global companies in an event (Global MilSatCom Conference) held in London, UK, seeking their participation in the design and operation of military telecommunications satellites. The US DoD also requested its 16 allied countries for participating in the Wideband Analysis of Alternatives program for assessing measures to address the growing shortfall in the military wideband capacity of the US and its allied nations.”

According to the report, one of the major drivers for this market is Preference for hosted payload. In a hosted payload approach, the governments or the defense agencies insert a small module to a commercial satellite, which operates independently and is dedicated to the requirements of the government or defense agencies. However, such payloads or modules share the same power supply and transponders that the commercial modules utilize. To achieve cost efficiencies, government agencies often adopt such approaches, where the requirement to build and launch a separate dedicated satellite is minimized. Such measures also reduce the risk of insufficient funding, launch delays, and operational failures.

Further, the report states that one of the major factors hindering the growth of this market is Delays and unsuccessful attempts of satellite launch. Launch delays are one of the major issues in the satellite industry. As per the historical data, the actual number of satellite launches has always been lower than the forecasted estimate. Launch delays often impact the development and procurement of remote sensing satellites.

Companies Mentioned

Boeing, IAI, Northrop Grumman, Thales Alenia Space, Raytheon, Airbus Defence and Space, China SpaceSat, Lockheed Martin, and OHB.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Global satellite manufacturing and launch market 2016-2021 ($ billions)
  • Market landscape
    • Market overview
      • Table Segmentation of global military satellite market 2016-2021
    • Market size and forecast
      • Table Global military satellite market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by satellite type
    • Market segmentation by satellite type
      • Table Segmentation of global military satellite market by satellite type 2016 and 2021 (%)
      • Table Segmentation of global military satellite market by satellite type 2016-2021 ($ billions)
    • Global military ISR satellite market
      • Table Global military ISR satellite market 2016-2021 ($ billions)
    • Global military communication satellite market
      • Table Global military communication satellite market 2016-2021 ($ billions)
    • Global military navigation satellite market
      • Table Global military navigation satellite market 2016-2021 ($ billions)
  • Geographical segmentation
    • Geographical segmentation of global military satellite market
      • Table Segmentation of global military satellite market by geography 2016 and 2021 (%)
      • Table Segmentation of global military satellite market by geography 2016-2021 ($ billions)
    • Military satellite market in Americas
      • Table Military satellite market in Americas 2016-2021 ($ billions)
    • Military satellite market in EMEA
      • Table Military satellite market in EMEA 2016-2021 ($ billions)
    • Military satellite market in APAC
      • Table Military satellite market in APAC 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Key components of SAR satellites
    • Market challenges
  • Market trends
    • Increasing collaborative agreements with private SATCOM providers
    • Miniaturization of sensory payloads
    • Growing demand for inflatable SATCOM antenna
      • Table Characteristics of inflatable SATCOM antennas
  • Vendor landscape
    • Competitive landscape
    • Boeing
      • Table Boeing: Business segmentation by revenue 2016 (%)
    • IAI
      • Table IAI: Key space capabilities
    • Northrop Grumman
      • Table Northrop Grumman: Business segmentation by revenue 2016 (%)
    • Thales Alenia Space
      • Table Thales Alenia Space: Key business offerings
    • Raytheon
      • Table Raytheon: Business segmentation by revenue 2016 (%)
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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