Satellite Payload Global Market Report 2022 – Payload Type (Communication, Imagery, Navigation, Others), Orbit Type (LEO (Low Earth Orbit), GEO (Geosynchronous Earth Orbit), MEO (Medium Earth Orbit)), By Vehicle Type (Small, Medium, Heavy), By End-User (Commercial, Government And Defense, Dual Users) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : May 2022 | SKU CODE : h1544 | Delivery Time: 2-3 business days | Format :


The satellite payload market consists of sales of satellite payloads by entities (organizations, sole proprietors, partnerships) that refer to modules that are carried by satellites having the ability to execute specific functions. The payload, which includes communications antennas, receivers, and transmitters, assists the satellite in fulfilling its functions and helps in telecommunications, remote sensing, scientific research, surveillance, and navigation.

The satellite payload types include communication, imagery, navigation, and others. Communication satellites use a transponder to relay and amplify radio telecommunication signals, establishing a communication channel between a source transmitter and a receiver to provide communication links between various points on Earth. The different satellite payload orbit types include LEO (low earth orbit), GEO (geosynchronous earth orbit) and MEO (medium earth orbit). The satellite payload vehicle systems include small, medium, and heavy, which are used by end-users such as commercial, government, and defence and dual users.

The global satellite payload market size is expected to grow from $13.67 billion in 2021 to $14.81 billion in 2022 at a compound annual growth rate (CAGR) of 8.32%. The growth in the market is mainly due to the companies' resuming their operations and adapting to the new normal while 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 global satellite payloads market size is expected to reach $20.57 billion in 2026 at a CAGR of 8.57%.

The increasing number of satellite launches is expected to propel the growth of the satellite payload market. Payload provides the communications antennas, receivers, and transmitters used for different applications. The satellites are now smaller in size to accommodate more satellites on one rocket. According to NASA, around 1,282 satellites were launched in 2020, of which 94% were small spacecraft with an overall mass of under 600 kg. In 2021, US-based aerospace manufacturer SpaceX created a record by accommodating 143 payloads on a single rocket. The number of satellite launches increased from 1,282 in 2020 to approximately 1,400 by September 2021.Therefore, the increasing number of satellite launches is driving the growth of the satellite payload market.

The development of artificial intelligence (AI) and cloud-enabled software-defined radio payloads is one of the rising trends in the satellite payload market. For enhanced flexibility in space missions, these AI-based payloads can be reprogrammed and reconfigured as per the specific mission requirements and can facilitate advanced satellite communications. Due to the rise of the new generation of fully flexible satellites, companies are integrating AI tools into satellite payloads. For instance, in June 2021, the European Union financed ATRIA (AI-Powered Ground Segment Control for Flexible Payloads), a project that will produce a general and intelligent tool called AI-PCS to control current satellite flexible payloads and their configurable traditional counterparts. On-demand service demands: artificial intelligence approaches allow the tool to decide the best arrangement of available satellite resources for on-demand service demands. The Spanish professional engineering services company, GMV Aerospace and Defense, is the project's coordinator, and it involves seven partners from four nations.

In September 2021, BAE Systems, a British manufacturer of aerospace and security products, acquired In-Space Missions for a deal amount of around $18 million. This acquisition allows BAE Systems to integrate technologies developed by In-Space Missions and expand the company’s range of capabilities and offerings. In-Space Missions is a UK-based company that designs, builds, and operates satellites and satellite systems.

Major players in the satellite payload market are Northrop Grumman, Raytheon Technologies Corporation, Lockheed Martin Corporation, Thales Alenia Space, Airbus Defence and Space, The Boeing Company, Honeywell International Inc., L3Harris Technologies Inc., Viasat, Inc., Lucix Corporation, Sierra Nevada Corporation, Intelsat General Corporation, Gomspace, MDA Corporation, and General Dynamics Mission Systems

North America was the largest region in the satellite payload market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global satellite payload market during the forecast period. 

The regions covered in the global satellite payload market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the satellite payload market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The global satellite payload market is segmented -

1) By Payload Type: Communication, Imagery, Navigation, Others

2) By Orbit Type: LEO (Low Earth Orbit), GEO (Geosynchronous Earth Orbit), MEO (Medium Earth Orbit)

3) By Vehicle Type: Small, Medium, Heavy

4) By End-User: Commercial, Government and Defense, Dual Users

    Table Of Contents

    1. Executive Summary

    2. Satellite Payload Market Characteristics

    3. Satellite Payload Market Trends And Strategies

    4. Impact Of COVID-19 On Satellite Payload

    5. Satellite Payload Market Size And Growth

    5.1. Global Satellite Payload Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Satellite Payload Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Satellite Payload Market Segmentation

    6.1. Global Satellite Payload Market, Segmentation Orbit Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    LEO (Low Earth Orbit)

    GEO (Geosynchronous Earth Orbit)

    MEO (Medium Earth Orbit)

    6.2. Global Satellite Payload Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Small

    Medium

    Heavy

    6.3. Global Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Communication

    Imagery

    Navigation

    Others

    6.4. Global Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Commercial

    Government And Defense

    Dual Users

    7. Satellite Payload Market Regional And Country Analysis

    7.1. Global Satellite Payload Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Satellite Payload Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Satellite Payload Market

    8.1. Asia-Pacific Satellite Payload 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 Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8.3. Asia-Pacific Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Satellite Payload Market

    9.1. China Satellite Payload Market Overview

    9.2. China Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    9.3. China Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Satellite Payload Market

    10.1. India Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    10.2. India Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Satellite Payload Market

    11.1. Japan Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11.2. Japan Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Satellite Payload Market

    12.1. Australia Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12.2. Australia Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Satellite Payload Market

    13.1. Indonesia Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13.2. Indonesia Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Satellite Payload Market

    14.1. South Korea Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14.2. South Korea Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Satellite Payload Market

    15.1. Western Europe Satellite Payload Market Overview

    15.2. Western Europe Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15.3. Western Europe Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Satellite Payload Market

    16.1. UK Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16.2. UK Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Satellite Payload Market

    17.1. Germany Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17.2. Germany Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Satellite Payload Market

    18.4. France Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18.5. France Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Satellite Payload Market

    19.1. Eastern Europe Satellite Payload Market Overview

    19.2. Eastern Europe Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19.3. Eastern Europe Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Satellite Payload Market

    20.1. Russia Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20.2. Russia Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Satellite Payload Market

    21.1. North America Satellite Payload Market Overview

    21.2. North America Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21.3. North America Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Satellite Payload Market

    22.1. USA Satellite Payload Market Overview

    22.2. USA Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22.3. USA Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Satellite Payload Market

    23.1. South America Satellite Payload Market Overview

    23.2. South America Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23.3. South America Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Satellite Payload Market

    24.1. Brazil Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24.2. Brazil Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Satellite Payload Market

    25.1. Middle East Satellite Payload Market Overview

    25.2. Middle East Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25.3. Middle East Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Satellite Payload Market

    26.1. Africa Satellite Payload Market Overview

    26.2. Africa Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26.3. Africa Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Satellite Payload Market Competitive Landscape And Company Profiles

    27.1. Satellite Payload Market Competitive Landscape

    27.2. Satellite Payload Market Company Profiles

    27.2.1. Northrop Grumman

    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. Raytheon Technologies Corporation

    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. Lockheed Martin 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. Thales Alenia Space

    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. Airbus Defence and Space 

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Satellite Payload Market

    29. Satellite Payload 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, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Satellite Payload Market, Segmentation Orbit Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Satellite Payload Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Satellite Payload Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Global Satellite Payload Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: Asia-Pacific, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: Asia-Pacific, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: China, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: China, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: India, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: India, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Japan, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: Japan, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Australia, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: Australia, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Indonesia, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Indonesia, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: South Korea, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: South Korea, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: Western Europe, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Western Europe, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: UK, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: UK, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Germany, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 28: Germany, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 29: France, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 30: France, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 31: Eastern Europe, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 32: Eastern Europe, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 33: Russia, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 34: Russia, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 35: North America, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 36: North America, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 37: USA, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 38: USA, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 39: South America, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 40: South America, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 41: Brazil, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 42: Brazil, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 43: Middle East, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 44: Middle East, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 45: Africa, Satellite Payload Market, Segmentation Payload Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 46: Africa, Satellite Payload Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 47: Northrop Grumman Financial Performance
  • Table 48: Raytheon Technologies Corporation Financial Performance
  • Table 49: Lockheed Martin Corporation Financial Performance
  • Table 50: Thales Alenia Space Financial Performance
  • Table 51: Airbus Defence and Space  Financial Performance

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