Geostationary Satellites Market Trends and Scope by 2031
Geostationary Satellites Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 6.19 Billion |
Market Size by 2031 | US$ 8.28 Billion |
Global CAGR (2023 - 2031) | 3.7% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Geostationary Satellites Market News and Recent Developments
The geostationary satellites market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the geostationary satellites market are listed below:
- Intelsat, the operator of the world's largest integrated satellite and terrestrial network, was selected by Japan Airlines to provide multi-orbit inflight connectivity service on more than 20 Boeing 737 MAX aircraft to be delivered in the coming years. The airline will become one of the first in Asia Pacific to offer reliable, multi-orbit service using Intelsat's new electronically steered array (ESA) antenna. The Intelsat ESA is less than seven centimeters tall and interoperates on both Intelsat's family of geostationary satellites and its partner's constellation of low earth orbit satellites. (Source: Intelsat, Press Release, May 2024)
- Ball Aerospace successfully launched its Tropospheric Emissions: Monitoring of Pollution (TEMPO) instrument aboard a commercial satellite from Cape Canaveral Space Force Station in Florida. TEMPO is NASA's first Earth Venture instrument mission and will provide critical data on air pollution across North America. The TEMPO instrument uses a geostationary ultraviolet/visible spectrometer to determine the concentration and hourly variations of pollutants such as ozone, nitrogen dioxide, and more in the atmosphere. (Source: Ball Aerospace, Press Release, April 2023)
Geostationary Satellites Market Report Coverage and Deliverables
The "Geostationary Satellites Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Geostationary satellites market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Geostationary satellites market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Geostationary satellites market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the geostationary satellites market
- Detailed company profiles