Satellite Bus Market Size and Forecast 2023-2032| Lockheed Martin CorporationThales Group,Airbus SE,Northrop Grumman Corporation,The Boeing Corporation

The Business Research Company’s Satellite Bus Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Satellite Bus Global Market Report 2023 evaluates satellite bus market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global satellite bus market is expected to grow from $13,622.5 million in 2026 at a rate of 5.5%. The satellite bus market size is then expected to grow at a CAGR of 5.6% from 2026 and reach $17,866.0 million in 2031.

The increase in number of satellite launches is expected to propel the satellite bus market growth during the forecast period.  Growing satellite launches by both public and commercial companies are anticipated to accelerate the deployment of satellite buses, which is anticipated to drive market expansion. For example, in 2022, SpaceX, a US-based company that designs, manufactures advanced rockets and spacecraft, launched 32 satellites for Starlink Mission, a satellite internet constellation operated by SpaceX to provide satellite Internet access coverage and broke the annual launch record.  Additionally, in 2022, The Indian Space Research Organization (ISRO) launched the earth observation satellite EOS-04 along with two other satellites, on the PSLV-C52 mission. Therefore, the increasing number of satellite launches will drive the market growth.

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The satellite bus market segments in the report are:

1) By ype: Small Satellite; Medium Satellite; Large Satellite

2) By Application: Earth Observation And Meteorology; Communication; Scientific Research and Exploration; Other Applications

The table of contents in TBRC’s satellite bus market report includes:

1. Executive Summary

2. Table of Contents

3. List of Figures

4. List of Tables

5. Report Structure

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26. Company Profiles

27. Key Mergers and Acquisitions

28. Opportunities And Strategies

29. Satellite Bus Market, Conclusions And Recommendations

30. Appendix

Top Major Players:

• Lockheed Martin
• CorporationThales Group
• Airbus SE
• Northrop Grumman Corporation
• The Boeing Corporation

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