Global Market Study on Satellite Payloads: Rising Focus on Navigation Satellite Payloads to Instrument Market Growth through 2022


Satellite Payloads Market
  • Report code : PMRREP17998 |
  • Industry : Automotive |
  • Published On : Sep-2017 |
  • Pages : 170 Pages |
  • Format :

Persistence Market Research has employed a tested and robust research methodology while compiling the report, titled “Satellite Payload Market: Global Industry Analysis 2012-2016 and Forecast 2017-2022.” The report serves as a comprehensive study on the expansion of global satellite payload market, tracking the market’s growth for the historical period assessed in the report. In addition, the report offers a forecast on the global market for satellite payload, measuring the growth potentials across all parameters. Overall, the report can be viewed as a comparative study on the expansion of global satellite payload market across historical and forecast period, wherein key insights have been extracted by addressing the subjective undercurrents of the market.

Pragmatic Approach

Research methodology employed in development of this report is based on facts, which have been attentively assorted by our analysts. Fortified with an extensive research across primary and secondary sources, our analysts have conducted wide-ranging inquires by targeting key market participants and analyzing specific consumer demographics. In the due course of these research methods, the information collected has been attentively aggregated by gauging the accuracy of qualitative analysis and quantitative estimation of all data.

Outline

Considering the concatenated structure of global market for satellite payloads, our analysts have adopted a fragmented modus operandi and analyzed the market across multiple segments. The first chapter of this report offers an executive summary, wherein key highlights from the research findings have been abstracted. The report extends towards a section that offers formal and balanced introduction to the global satellite payload market. Our analysts have also provided a customary definition to satellite payload, which follows the lines of an overall market outlook. The section also includes cost structure analysis, pricing analysis, and raw material sourcing strategy profiling, and offers an intensity map demarking the presence of key participants in the global satellite payload market.

Market Taxonomy

The subsequent chapters in this report provided insightful analysis of the global satellite payload market across four key segments, namely – orbit type, payload type, application and frequency brand. Sub-categories in these segments have been enlisted in the market taxonomy table below.

Region

Orbit Type

Payload Type

Application

Frequency Band

  • North America
  • LEO (Low Earth orbit)
  • Communication
  • Telecommunication
  • C,K/KU/KA band
  • Latin America
  • GEO (Geosynchronous Earth orbit)
  • Imaging
  • Remote Sensing
  • S&Lband
  • Europe
  • MEO (Medium Earth orbit)
  • Navigation
  • Scientific research
  • X band
  • Japan
  • Others
  • Surveillance
  • VHF & UHF band
  • APEJ
  • Navigation
  • Others
  • MEA

The segmental analysis of global satellite payload market is also provided on the basis of geographical regions. Industrial regulations, changing geopolitical backgrounds, emergence of new trade policies, and region-wise supply & demand conditions have been inferred to offer regional analysis of the global satellite payload market. Cross-segmental data and country-specific forecast & analysis is also offered in the succeeding chapters.

The report concludes by profiling key players partaking the competitive landscape of global satellite payload market. Companies manufacturing satellite payloads have been outlined by tracking their latest & pioneering developments. This section also reveals company standings and competitor positions by recording documented information sourced from each company operating the global satellite payload market.

Scope  

Persistence Market Research’s report on the global market for satellite payloads has analyzed key trends encompassing satellite payloads, and derived assessments by considering historical data as the first point of reference. The scope of this report is to offer market size estimations across metrics such as Y-o-Y growth rates, CAGRs, incremental opportunities, and revenue share percentages. This report delivers a fact-based forecast & analysis that intends to empower market participants with cognizant decisions for future business direction.

Maximizing the total expected utility of satellites is the prime reason that necessitates the need for hosted payloads. Currently, satellite payloads tend to incur failures in due of power supply constraints associated with satellite bus. Volume, weight and cost limitations of satellite buses have been influencing the criteria employed by leading space technology organizations towards adoption of satellite payloads. Past decade has exhibited a considerable rise in deployment of heuristic solutions towards eliminating satellite payload drawbacks. Since satellites are momentous in military applications, manufacturers are also focusing on advancing the designs of hosted payloads by boosting their sustenance to environmental deterioration, increasing their engineering compatibility across multiple bus-types, and equipping them with transcoding and data sequencing functionalities in addition to their core capabilities.

Attached to the bus of satellites, satellite payloads are modules that perform core functionalities related to multiple protocols of the satellite such as communications, imaging, navigation, and exploration, among others. Power supply and transponders of the commercial satellite are shared by the bus and these hosted payloads, with the latter being independent in terms of operations. Satellite payloads perform the required transcoding and communications functionalities to execute the satellite’s circuitry. During the assessment period, 2017-2022, the global market for satellite payloads is expected to reach more than US$ 14.8 Bn value, reflecting growth at a moderate CAGR.

  • Rising Demand for Navigation Payloads

In the years to come, the global market for satellite payloads will witness a surge in adoption of navigation payloads. By the end of 2017, the adoption of navigation payloads in the global satellite payload market is projected to procure revenues worth over US$ 7 Bn. Imaging payloads, on the other hand, will reflect a relatively sluggish growth in terms of adoption during the forecast period.  

  • Growing Focus towards Medium Earth Orbit (MEO) Deployment

In the next five years, manufacturers of satellite payloads are anticipated to focus on developing hosted payloads for deployment in MEO as this segment is expected to reflect over 5% CAGR. Budget constraints are expected to play a key role in deployment of satellite payloads across low earth orbit (LEO) and geosynchronous earth orbit (GEO). Although, the report also projects that by the end of 2022, satellite payloads developed for LEO deployment will reflect the highest revenue share in the global satellite payload market.

  • Navigation – Largest Application for Satellite Payloads

Throughout the forecast period, navigation will be observed as the most-promising application for satellite payloads in the global market. Satellite payloads developed for telecommunication application are also expected to gain traction, procuring over one-fifth share on global revenues towards the end of the forecast period. During the forecast period, intelligent gathering, reconnaissance, imaging and meteorology are likely to emerge as key payload-types, the adoption of which is expected to instrument growth in surveillance applications of satellite payloads and their need in the defense & military sector.

The report also projects that criteria employed in the selection of satellite payloads will include their frequency bandwidth. In 2017, C, K/KU/KA band satellite payloads are anticipated to procure revenues worth over US$ 3 Bn, becoming the sought-after hosted payloads in the global market. Going forward, manufacturing satellite payloads will continue to become more critical, wherein companies will be seeking higher investments whilst tacking stringent cost limitations. Advent of new manufacturing technologies will also influence the designs of satellite payloads, with miniaturization trends gaining grounds. Companies namely, Boeing Company, Airbus Defense and Space, Lockheed Martin Corporation, Thales Group, Mitsubishi Electrical Corporation, Harris Corporation, Honeywell International Inc., and Lucix Corporation are observed to remain active participants in the global market for satellite payloads throughout the forecast period.

Company Profile

  • Airbus Defence and Space 
  • Boeing Company
  • Thales S.A
  • Lockheed Martin Corporation
  • Mitsubishi Electric Corporation
  • Honeywell International Inc
  • Harris Corporation
  • Lucix Corporation
  • others.
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