Global Satellite Manufacturing And Launch Market 2020-2024
Technavio has been monitoring the satellite manufacturing and launch market and it is poised to grow by $ 3.50 bn during 2020-2024 progressing at a CAGR of 3% during the forecast period. Our reports on satellite manufacturing and launch market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven reduction in associative launch cost, rising demand for multirole satellites, and expanding scope of space exploration. In addition, reduction in associative launch cost is anticipated to boost the growth of the market as well.
The satellite manufacturing and launch market analysis includes product segment, application segment and geographical landscapes
Technavio's satellite manufacturing and launch market is segmented as below:
- Satellite manufacturing
- Launch services
By Geographic Landscapes
- North America
- South America
- Communication satellite
- Military surveillance
- Earth observation satellite
- Navigation satellite
This study identifies the rising demand for multirole satellites as one of the prime reasons driving the satellite manufacturing and launch market growth during the next few years.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our satellite manufacturing and launch market covers the following areas:
- Satellite manufacturing and launch market sizing
- Satellite manufacturing and launch market forecast
- Satellite manufacturing and launch market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading satellite manufacturing and launch market vendors that include Airbus SE, Honeywell International Inc., Lockheed Martin Corp., Maxar Technologies Inc., Northrop Grumman Corp., OHB SE, Raytheon Technologies Corp., Space Exploration Technologies Corp., Thales Group, and The Boeing Co.. Also, the satellite manufacturing and launch market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.