NEW YORK, Nov. 7, 2022 /PRNewswire/ — The global military satellite payloads and subsystems market size is expected to grow by USD 2.3 billion between 2021 and 2026, accelerating at a CAGR of 7.18% during the forecast period. The report expects the market structure to be fragmented due to the presence of several well-established players. The global military satellite payloads and subsystems market is highly competitive. Vendors compete based on contract acquisitions, product and aftermarket service quality, reliability, and cost. To survive and prosper in such an intensely competitive business atmosphere, it is crucial for vendors to offer military satellite payloads and subsystems that feature the latest technology. It is crucial for vendors to ensure long-term collaborations with buyers and offer adequate aftermarket services. Vendors must also provide cost-effective and high-quality offerings to attain a high market share during the forecast period.
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Military Satellite Payloads and Subsystems Market 2022-2026: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The military satellite payloads and subsystems market report covers the following areas:
Military Satellite Payloads and Subsystems Market 2022-2026: Segmentation
The global military satellite payloads and subsystems market is segmented as below:
- Type
- Optical Sensors And Other Sensors Payload
- Avionics And Subsystems
- Data Link And Communication Systems
The optical sensors and other sensors payload segment will have maximum market share. The segment is driven by increasing applications in environmental sensing, tactical missile tracking, land and ocean remote sensing, and space object surveillance.
- Geography
- North America
- Europe
- APAC
- Middle East And Africa
- South America
Europe will account for 34% global market share. The satellite sector has been witnessing innovations in terms of signal transmission and the use of new frequencies, resulting in the requirement for new services and maintenance. This makes the use of satellites more convenient and desirable for operators. The UK, France, Spain, Germany, and Russian Federation are instrumenting the growth of the European satellite market with respect to both finance and innovation.
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Military Satellite Payloads and Subsystems Market 2022-2026: Vendor Analysis
BAE Systems Plc, Ball Corp., Eutelsat SA, Intelsat SA, Israel Aerospace Industries Ltd, L3Harris Technologies Inc., Lockheed Martin Corp., MDA Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Singapore Technologies Engineering Ltd., Space Exploration Technologies Corp., Thales, The Boeing Co., Viasat Inc., General Dynamics Corp., and Honeywell International Inc. are among some of the major market participants.
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Military Satellite Payloads and Subsystems Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist military satellite payloads and subsystems market growth during the next five years
- Estimation of the military satellite payloads and subsystems market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the military satellite payloads and subsystems market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of military satellite payloads and subsystems market vendors
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The military thermal weapon sights market share is expected to increase by USD 257.95 million from 2021 to 2026, at a CAGR of 5.46%. The introduction of high-definition thermal imaging systems is notably driving the military thermal weapon sights market growth, although factors such as operational constraints in extreme weather conditions may impede the market growth.
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Military Satellite Payloads And Subsystems Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.18% |
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Market growth 2022-2026 |
USD 2.3 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
6.22 |
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Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
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Performing market contribution |
Europe at 34% |
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Key consumer countries |
US, China, Russia, Germany, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
BAE Systems Plc, Ball Corp., Eutelsat SA, Intelsat SA, Israel Aerospace Industries Ltd, L3Harris Technologies Inc., Lockheed Martin Corp., MDA Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Singapore Technologies Engineering Ltd., Space Exploration Technologies Corp., Thales, The Boeing Co., Viasat Inc., General Dynamics Corp., and Honeywell International Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type – Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type – Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Optical sensors and other sensors payloads – Market size and forecast 2021-2026
- Exhibit 28: Chart on Optical sensors and other sensors payloads – Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Optical sensors and other sensors payloads – Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Optical sensors and other sensors payloads – Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Optical sensors and other sensors payloads – Year-over-year growth 2021-2026 (%)
- 5.4 Avionics and subsystems – Market size and forecast 2021-2026
- Exhibit 32: Chart on Avionics and subsystems – Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Avionics and subsystems – Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Avionics and subsystems – Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Avionics and subsystems – Year-over-year growth 2021-2026 (%)
- 5.5 Data link and communication systems – Market size and forecast 2021-2026
- Exhibit 36: Chart on Data link and communication systems – Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Data link and communication systems – Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Data link and communication systems – Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Data link and communication systems – Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Type
- Exhibit 40: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 North America – Market size and forecast 2021-2026
- Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 (%)
- 7.4 Europe – Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)
- 7.5 APAC – Market size and forecast 2021-2026
- Exhibit 54: Chart on APAC – Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on APAC – Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on APAC – Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa – Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
- 7.7 South America – Market size and forecast 2021-2026
- Exhibit 62: Chart on South America – Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on South America – Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on South America – Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America – Year-over-year growth 2021-2026 (%)
- 7.8 US – Market size and forecast 2021-2026
- Exhibit 66: Chart on US – Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US – Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US – Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US – Year-over-year growth 2021-2026 (%)
- 7.9 China – Market size and forecast 2021-2026
- Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)
- 7.10 Russia – Market size and forecast 2021-2026
- Exhibit 74: Chart on Russia – Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Russia – Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Russia – Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Russia – Year-over-year growth 2021-2026 (%)
- 7.11 Germany – Market size and forecast 2021-2026
- Exhibit 78: Chart on Germany – Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Germany – Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Germany – Year-over-year growth 2021-2026 (%)
- 7.12 UK – Market size and forecast 2021-2026
- Exhibit 82: Chart on UK – Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on UK – Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on UK – Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on UK – Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 BAE Systems Plc
- Exhibit 93: BAE Systems Plc – Overview
- Exhibit 94: BAE Systems Plc – Business segments
- Exhibit 95: BAE Systems Plc – Key offerings
- Exhibit 96: BAE Systems Plc – Segment focus
- 10.4 Eutelsat SA
- Exhibit 97: Eutelsat SA – Overview
- Exhibit 98: Eutelsat SA – Product / Service
- Exhibit 99: Eutelsat SA – Key news
- Exhibit 100: Eutelsat SA – Key offerings
- 10.5 Honeywell International Inc.
- Exhibit 101: Honeywell International Inc. – Overview
- Exhibit 102: Honeywell International Inc. – Business segments
- Exhibit 103: Honeywell International Inc. – Key news
- Exhibit 104: Honeywell International Inc. – Key offerings
- Exhibit 105: Honeywell International Inc. – Segment focus
- 10.6 Israel Aerospace Industries Ltd
- Exhibit 106: Israel Aerospace Industries Ltd – Overview
- Exhibit 107: Israel Aerospace Industries Ltd – Product / Service
- Exhibit 108: Israel Aerospace Industries Ltd – Key news
- Exhibit 109: Israel Aerospace Industries Ltd – Key offerings
- 10.7 L3Harris Technologies Inc.
- Exhibit 110: L3Harris Technologies Inc. – Overview
- Exhibit 111: L3Harris Technologies Inc. – Business segments
- Exhibit 112: L3Harris Technologies Inc. – Key news
- Exhibit 113: L3Harris Technologies Inc. – Key offerings
- Exhibit 114: L3Harris Technologies Inc. – Segment focus
- 10.8 Lockheed Martin Corp.
- Exhibit 115: Lockheed Martin Corp. – Overview
- Exhibit 116: Lockheed Martin Corp. – Business segments
- Exhibit 117: Lockheed Martin Corp. – Key news
- Exhibit 118: Lockheed Martin Corp. – Key offerings
- Exhibit 119: Lockheed Martin Corp. – Segment focus
- 10.9 Northrop Grumman Corp.
- Exhibit 120: Northrop Grumman Corp. – Overview
- Exhibit 121: Northrop Grumman Corp. – Business segments
- Exhibit 122: Northrop Grumman Corp. – Key news
- Exhibit 123: Northrop Grumman Corp. – Key offerings
- Exhibit 124: Northrop Grumman Corp. – Segment focus
- 10.10 Thales
- Exhibit 125: Thales – Overview
- Exhibit 126: Thales – Business segments
- Exhibit 127: Thales – Key offerings
- Exhibit 128: Thales – Segment focus
- 10.11 The Boeing Co.
- Exhibit 129: The Boeing Co. – Overview
- Exhibit 130: The Boeing Co. – Business segments
- Exhibit 131: The Boeing Co. – Key news
- Exhibit 132: The Boeing Co. – Key offerings
- Exhibit 133: The Boeing Co. – Segment focus
- 10.12 Viasat Inc.
- Exhibit 134: Viasat Inc. – Overview
- Exhibit 135: Viasat Inc. – Business segments
- Exhibit 136: Viasat Inc. – Key news
- Exhibit 137: Viasat Inc. – Key offerings
- Exhibit 138: Viasat Inc. – Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 139: Inclusions checklist
- Exhibit 140: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 141: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 142: Research methodology
- Exhibit 143: Validation techniques employed for market sizing
- Exhibit 144: Information sources
- 11.5 List of abbreviations
- Exhibit 145: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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