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Military Satellites Global Market Report 2021: COVID 19 Impact and Recovery to 2030

Starting Price : $4000 | Pages : 175 | Published : January 2021 | SKU CODE : | Format :


The military satellites market consists of sales of military satellites by entities (organizations, sole traders and partnerships) that manufacture military satellites. A military satellite is an artificial earth satellite used for military missions such as intelligence gathering, navigation and military communications.

The global military satellites market is expected to grow from $51.5 billion in 2020 to $52.46 billion in 2021 at a compound annual growth rate (CAGR) of 1.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $61.56 billion in 2025 at a CAGR of 4.1%.

The military satellites market covered in this report is segmented by satellite type into small satellite, medium-to-heavy satellite, by payload type into communication payload, navigation payload, imaging payload, others, by application into intelligence, surveillance, and reconnaissance (ISR), communication, navigation.

The increasing concern about terrorism is expected to fuel the growth of the military satellites market. The growing concern for terrorism has motivated the need for military forces around the world to deploy better military communication systems. Military satellites are an important part of modern military communication networks. In 2018, 71 countries reported at least one death due to terrorism. Fatalities from terrorism account for 58% of the world economic effects of terrorism, equal to $19.3 billion in 2018. Therefore, the increasing concern about terrorism drives the growth of the military satellites market.

The high cost of the military satellite is expected to hamper the growth of the military satellites market over the forecast period. An artificial satellite that is used for the military purpose is a military satellite. Military satellites are costly devices, costly to build and costly to launch. The military communications satellite's combined costs will be more than $95 million for release and launch insurance, $20 million for the in-orbit insurance, $15 million for operating expenses, and $150 million for spacecraft, making a total of $300 million. Therefore, the high cost of military satellite restraints the growth of the military satellite market.

The advancement in technology is shaping the military satellite market. Major companies working in the military satellite sector are focused on designing advanced technology solutions for military satellites. For instance, in July 2020, SpaceX, an American aerospace manufacturer, and space transportation services company launched South Korea's first military communications satellite, called Anasis-II. Anasis-II will play a vital role in preserving peace on the Korean peninsula, and through this technical advance, the Republic of Korea will be able to improve not only its IT capabilities but also its space research and development operations.

In August 2018, The Boeing Company, a USA based company that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles acquired Millennium Space Systems, Inc. for an undisclosed amount. Millennium Space Systems will function with an independent operating model benefiting from technology research and manufacturing capabilities of The Boeing Company as a prominent provider of aerospace products and services. It will operate with the name Millennium Space Systems, A Boeing Company. The new company, Millennium Space Systems Inc. is a USA based company that develops and manufactures military satellites.

The major players covered in the global military satellites market are The Boeing Company, Israel Aerospace Industries, Northrop Grumman Corporation, ISS-Reshetnev, SpaceX, Lockheed Martin Corporation, Raytheon Company, Thales Group, Mitsubishi Electric Corporation, GE Aviation, Airbus SE, Indian Space Research Organisation, OHB SE, Elbit System Ltd, AeroVironment, Orbital ATK Inc.

The countries covered in the global military satellites market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the global military satellites market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global military satellites market is segmented -

1) By Satellite Type: Small Satellite, Medium-To-Heavy Satellite

2) By Payload Type: Communication Payload, Navigation Payload, Imaging Payload, Others

3) By Application: Intelligence, Surveillance, And Reconnaissance (ISR), Communication, Navigation

    1. Executive Summary

    2. Military Satellites Market Characteristics

    3. Military Satellites Market Trends And Strategies

    4. Impact Of COVID-19 On Military Satellites

    5. Military Satellites Market Size And Growth

    5.1. Global Military Satellites Historic Market, 2015-2020, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Military Satellites Forecast Market, 2020-2025F, 2030F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Military Satellites Market Segmentation

    6.1. Global Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Small Satellite

    Medium-To-Heavy Satellite

    6.2. Global Military Satellites Market, Segmentation By Payload Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Communication Payload

    Navigation Payload

    Imaging Payload

    Others

    6.3. Global Military Satellites Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Intelligence, Surveillance, And Reconnaissance (Isr)

    Communication

    Navigation

    7. Military Satellites Market Regional And Country Analysis

    7.1. Global Military Satellites Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    7.2. Global Military Satellites Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    8. Asia-Pacific Military Satellites Market

    8.1. Asia-Pacific Military Satellites Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    9. China Military Satellites Market

    9.1. China Military Satellites Market Overview

    9.2. China Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

    10. India Military Satellites Market

    10.1. India Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    11. Japan Military Satellites Market

    11.1. Japan Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    12. Australia Military Satellites Market

    12.1. Australia Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    13. Indonesia Military Satellites Market

    13.1. Indonesia Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    14. South Korea Military Satellites Market

    14.1. South Korea Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    15. Western Europe Military Satellites Market

    15.1. Western Europe Military Satellites Market Overview

    15.2. Western Europe Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    16. UK Military Satellites Market

    16.1. UK Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    17. Germany Military Satellites Market

    17.1. Germany Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    18. France Military Satellites Market

    18.3. France Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    19. Eastern Europe Military Satellites Market

    19.1. Eastern Europe Military Satellites Market Overview

    19.2. Eastern Europe Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    20. Russia Military Satellites Market

    20.1. Russia Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    21. North America Military Satellites Market

    21.1. North America Military Satellites Market Overview

    21.2. North America Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    22. USA Military Satellites Market

    22.1. USA Military Satellites Market Overview

    22.2. USA Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    23. South America Military Satellites Market

    23.1. South America Military Satellites Market Overview

    23.2. South America Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    24. Brazil Military Satellites Market

    24.1. Brazil Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    25. Middle East Military Satellites Market

    25.1. Middle East Military Satellites Market Overview

    25.2. Middle East Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    26. Africa Military Satellites Market

    26.1. Africa Military Satellites Market Overview

    26.2. Africa Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    27. Military Satellites Market Competitive Landscape And Company Profiles

    27.1. Military Satellites Market Competitive Landscape

    27.2. Military Satellites Market Company Profiles

    27.2.1. The Boeing Company

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Israel Aerospace Industries

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Northrop Grumman Corporation

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. ISS-Reshetnev

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. SpaceX

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Military Satellites Market

    29. Military Satellites Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Table 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Table 3: Global Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 4: Global Military Satellites Market, Segmentation By Payload Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 5: Global Military Satellites Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 6: Global Military Satellites Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 7: Global Military Satellites Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 8: Asia-Pacific, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 9: China, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 10: India, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 11: Japan, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 12: Australia, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 13: Indonesia, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 14: South Korea, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 15: Western Europe, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 16: UK, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 17: Germany, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 18: France, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 19: Eastern Europe, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 20: Russia, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 21: North America, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 22: USA, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 23: South America, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 24: Brazil, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 25: Middle East, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 26: Africa, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 27: The Boeing Company Financial Performance
  • Table 28: Israel Aerospace Industries Financial Performance
  • Table 29: Northrop Grumman Corporation Financial Performance
  • Table 30: ISS-Reshetnev Financial Performance
  • Table 31: SpaceX Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Figure 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Figure 3: Global Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 4: Global Military Satellites Market, Segmentation By Payload Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 5: Global Military Satellites Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 6: Global Military Satellites Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 7: Global Military Satellites Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 8: Asia-Pacific, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 9: China, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 10: India, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 11: Japan, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 12: Australia, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 13: Indonesia, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 14: South Korea, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 15: Western Europe, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 16: UK, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 17: Germany, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 18: France, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 19: Eastern Europe, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 20: Russia, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 21: North America, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 22: USA, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 23: South America, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 24: Brazil, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 25: Middle East, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 26: Africa, Military Satellites Market, Segmentation By Satellite Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 27: The Boeing Company Financial Performance
  • Figure 28: Israel Aerospace Industries Financial Performance
  • Figure 29: Northrop Grumman Corporation Financial Performance
  • Figure 30: ISS-Reshetnev Financial Performance
  • Figure 31: SpaceX Financial Performance
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