May 29, 2018   SOURCE: BusinessWire

Global Military Satellite Market Trends, Forecast & Analysis 2018-2023 - ResearchAndMarkets.com

The "Global Military Satellite Market - Trends, Forecast and Global Analysis (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

Military satellites are a measure of the nation's military strength, operability, and the ability to attack or defend itself. These satellites give the military real-time data of movement of troops and arsenal in the enemy borders. They also facilitate high-bandwidth communication over secure channels, track and target enemy encroachment or intruding vehicles, and other military functions.

The micro, nano, and pico-sized satellites are mass produced satellite systems available in market, and are currently in service. Since the introduction of nano satellites in 2013, 94 nano satellites were launched into orbit within a year. Following this, the launch cost per nano satellites went up due to the demand. It is expected that, by the end of 2020, there will be over 1000 nano satellites orbiting earth.

The Indian Space program under ISRO/Antrix is run and maintained by the government, and has witnessed a many successful missions than any other group of nations with similar or better technology and limited funds. In 2016, India launched 22 satellites into orbit in a single mission. Of the 22 satellites, 14 belong to foreign nations including, the US, Canada, Germany, and Indonesia.

Companies Mentioned

  • Space Systems/Loral
  • Aero Astro L.L.C.
  • Airbus Defense and Space
  • Alcatel Space
  • Boeing Space Systems
  • ISRO/Antrix/Xovian/Transpace
  • Israel Aerospace S.A.e X
  • BAE systems

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Overview and Trends

4. Market Dynamics

5. Global Military Satellite Market, Segmented by Type

6. Global Military Satellite Market, Segmented by System

7. Global Military Satellite Market, Segmented by Geography

8. Competitive Landscape

9. Key Vendor Analysis

10. Future Outlook of the Market

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