Global Satellite Manufacturing and Launch Market 2018-2022
About Satellite Manufacturing and Launch
A satellite is an artificial object that is placed in the orbit by a rocket and is used to serves in applications such as navigation, communication, Earth observation, and research.
Technavio’s analysts forecast the Global Nerve Monitoring Systems Market to grow at a CAGR of 4.31% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Satellite Manufacturing and Launch Market. To calculate the market size, the report considers the demand for satellites for commercial and military applications.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Satellite Manufacturing and Launch Market 2018-2022
Technavio recognizes the following companies as the key players in the Global Satellite Manufacturing and Launch Market: Airbus, Boeing, Lockheed Martin, SpaceX, and Thales Group.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is advent of 3D printing.”
According to the report, one driver influencing this market is the decline in the cost of satellite launch systems.
Further, the report states that one challenge affecting this market is the manufacturing and design constraints associated with satellites.