Geostationary Satellites Market Scope And Analysis

  • Report Code : TIPRE00025490
  • Category : Aerospace and Defense
  • Status : Published
  • No. of Pages : 150
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Geostationary Satellites Market Trends and Scope by 2031

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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
  • Communication System
  • Power System
  • Propulsion System
By Application
  • Communications
  • Space Exploration
  • Navigation
  • Earth Observation
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Airbus SE
  • The Boeing Company
  • Ball Corporation
  • Korea Aerospace Industries Ltd
  • Lockheed Martin Corporation
  • Maxar Technologies Inc
  • Northrop Grumman Corporation
  • Thales Group
  • Israel Aerospace Industries LtdOHB SE
  • 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