A satellite is an
artificial, computer-controlled, semi-independent system that is
launched into the earth’s orbit. Common satellite types include
civilian, military, and observation, serving various purposes such as
research, weather monitoring, navigation, and communication.
Satellites are also deployed in different orbits for specific
applications. The data obtained from satellites is utilized in
various applications such as urban development, maritime security,
mineral prospecting, and agriculture. Satellites are launched into
earth’s orbits via launch vehicles. The launch system consists of
the launch pad, the launch vehicle, and other infrastructure.
Expendable satellite launch vehicles can be used only once for launch
of satellites. To minimize the costs of missions, manufacturers are
increasingly developing reusable satellite launch vehicles that can
be used effectively for multiple launches. Launch vehicles are
classified on the basis of the amount of mass carried into the orbit
and the number of stages. They use boosters to supply early thrust
and reduce the mass of further stages, thus allowing for larger
payloads to be carried into the orbit.
The commercial use
of satellites for applications such as internet and GPS has witnessed
a significant increase in the past few years, which has subsequently
boosted the commercial
satellite launch services market. The demand for
satellite-based telemetry applications is further contributing to the
growth of this market. The demand for communication network and the
rising need for data bandwidth as well as the increasing popularity
of unmanned aerial vehicles (UAVs) has further aided the growth of
commercial satellite launches. A large number of vendors are
investing and leveraging on new technologies such as electric
propulsion systems and reusable satellite launch vehicles to cater to
the need of efficient launch services. Growth in emerging markets has
led to the significant increase in the number of satellite television
and radio subscribers. Satellite broadband is also witnessing an
increase in subscriber base, especially in developed countries due to
reliable services and high data rates. The introduction of smaller
satellites has significantly reduced launch costs, which has further
driven the commercial satellite launch services market.
The commercial
satellite launch services market can be categorized on the basis of
orbit, application, size, and geography. By orbit, the market can be
further segmented into GEO satellite, LEO satellite, and
sun-synchronous satellite. By application, the market can be further
categorized into navigational satellite, communication satellite,
reconnaissance satellite, weather satellite, and remote sensing
satellite. Furthermore, on the basis of size, the market can be
sub-segmented into large, medium, mini, micro, pico, nano, and femto
satellites. Geographically, the market is segmented into North
America, South America, Europe, Asia-Pacific, and Middle East and
Africa. The presence of large space agencies, commercial investment,
and government initiatives promoting space research activities has
favored the satellite launch services market in North America region.
However, increasing development in developing countries such as India
is expected to create huge opportunities for satellite launch
services in coming years.
Get Sample Report
Copy :
The major players in
the commercial satellite launch services market include Space
Exploration Technologies Corp., Lockheed Martin Corporation, Boeing,
Orbital ATK, Inc., Airbus S.A.S., Arianespace SA, and Axelspace
Corporation.
About Us :
Transparency Market
Research (TMR) is a global market intelligence company providing
business information reports and services. The company’s exclusive
blend of quantitative forecasting and trend analysis provides
forward-looking insight for thousands of decision makers. TMR’s
experienced team of analysts, researchers, and consultants use
proprietary data sources and various tools and techniques to gather
and analyze information.
TMR’s data
repository is continuously updated and revised by a team of research
experts so that it always reflects the latest trends and information.
With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research
techniques to develop distinctive data sets and research material for
business reports.
No comments:
Post a Comment