Satellite Bus Global Market Report 2024

Satellite Bus Global Market Report 2024 – By Type (Small Satellite, Medium Satellite, Large Satellite), By Application (Earth Observation And Meteorology, Communication, Scientific Research and Exploration, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

Name: Satellite Bus Global Market Report 2024
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Satellite Bus Global Market Report 2024

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Satellite Bus Market Definition

The satellite bus refers to the satellite's primary body and structural component used to hold the payload and scientific equipment. Satellite buses are frequently tailored to client specifications. Satellite buses are primarily utilized in geosynchronous satellites, especially communications satellites. It is also used in lower-orbit spacecraft including low-earth-orbit missions.

The main types of satellite buses include small satellites, medium satellites, and large satellites. The small satellite refers to a primary body and structural component used to hold the payload and scientific equipment in satellites weighing less than 500 kilograms. It includes services such as leasing and maintenance and support, which are used for earth observation and meteorology, communication, scientific research and exploration, and other applications.

Satellite Bus Market Segmentation

The satellite bus market covered in this report is segmented –

1) By Type: Small Satellite, Medium Satellite, Large Satellite

2) By Application: Earth Observation And Meteorology, Communication, Scientific Research and Exploration, Other Applications

Global Satellite Bus Market Size 2023 to 2028: Graph

Satellite Bus Market Size 2024 And Growth Rate

The satellite bus market size has grown strongly in recent years. It will grow from $12.1 billion in 2023 to $12.88 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to increasing demand for small satellites, high adoption of satellite constellation, and growing number of private space enterprises.

Satellite Bus Market Growth Forecast

The satellite bus market size is expected to see strong growth in the next few years. It will grow to $16.6 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to increase in the number of satellite launches, increasing demand from defense sector, and increasing government investments in space sector. Major trends in the forecast period include companies should consider undergoing partnerships to strengthen their position, focus on launching small satellite buses, consider applying advanced and additive manufacturing techniques, including 3d printing in satellite buses, and focus on the use of internet of things.

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Satellite Bus Market Driver: Government And Space Agency Investments Propel Satellite Bus Market Growth

The increase in investment by governments & space agencies is significantly driving the growth of the satellite bus market. The government of different countries is allocating special budgets for exploration, development, testing, evaluation, procurement and operation, and conservation of satellites and associated factors. The increased expenditure on new satellites is expected to boost the utilization of satellite buses, as they are often used as a structural body and primary system for space vehicles. For instance, in February 2022, according to the Orbital Today article, a UK-based online space magazine, the government of the UK announced the investment of £600,000 in funding to the UK space industry to enhance the research and development in the space sector and space exploration programs. Thus, an increase in investment by government and space agencies will contribute to a rise in demand for satellite buses during the forecast period.

Satellite Bus Market Driver: Rising Satellite Launches Fuel Expansion Of Satellite Bus Market

The increasing number of satellite launches is expected to propel the satellite bus market growth during the forecast period. Growing satellite launches by both public and commercial companies are anticipated to accelerate the deployment of satellite buses, which is anticipated to drive market expansion. For example, in 2022, SpaceX, a US-based company that designs, and manufactures advanced rockets and spacecraft, launched 32 satellites for Starlink Mission, a satellite internet constellation operated by SpaceX to provide satellite Internet access coverage and broke the annual launch record. Additionally, in 2022, The Indian Space Research Organization (ISRO) launched the earth observation satellite EOS-04 along with two other satellites, on the PSLV-C52 mission. Therefore, the increasing number of satellite launches will drive the market growth.

Global Satellite Bus Market Major Players

Major companies operating in the satellite bus market report are Lockheed Martin Corporation, Thales Group, Airbus SE, Northrop Grumman Corporation, The Boeing Corporation, Mitsubishi Electric Corporation, Ball Corporation, Honeywell International Inc., Sierra Nevada Corporation, Israel Aerospace Industries Ltd. (IAI), Comsat Systems Private Limited, Mitsubishi Heavy Industries, Dhruva Space, Inovor Technologies, Beijing Commsat Technology Development Co Ltd, Anabond Limited, Avasarala Technologies Limited, The China Aerospace Science and Technology Corp (CASC), Gilmour Space Technologies Valiant Space NextAero, Tamadic Co Ltd, Instarsat, AAC Clyde Space, Alba Orbital, Argotec, Exobotics, Exodus Orbitals, Cessna, Telespazio SpA, Raytheon, JSC Information Satellite Systems Reshetnev, Russian Satellite Communications Company, Surrey Satellite Technology Ltd, GomSpace Group AB, EnduroSat, Sputnix, SpaceQuest Ltd, Alliant Techsystems Inc, Visiona Tecnologia Espacial, Embratel Satelites, INVAP SE, OneWeb, Empresa Argentina de Soluciones Satelitales Sociedad Anonima (ARSAT), Satellogic, SAR-Sat Arabia, Arabsat, Israel Aerospace Industries (IAI), Space AI SpacePharma (SPACEPHARMA), Circle Aerospace, Space Plasmatics, SCS Space, Heliaq, CubeSpace / Innovus, Dragonfly Aerospace, Simera Sense

Global Satellite Bus Market Trend: Technological Advancements Driving Innovation In The Satellite Bus Market

Technological advancement is a key trend gaining popularity in the satellite bus market. Major companies operating in the satellite bus market are focused on bringing technological advancements in satellite buses to strengthen their position. Some of the recently introduced technologies include electric propulsion technology, high-resolution cameras, advanced remote seeing technology, future-generation GPS satellites, LIDAR technology, and others. These advanced satellite buses offer advanced payload, better visibility with advanced cameras, and reduced cost. For instance, in January 2023, Lockheed Martin Corporation, a USA-based provider of aerospace, arms, defense, and information technology solutions, developed an LM400 satellite bus with a 1,700 KG payload and offers a wide variety of flexibility for various applications with common design and hardware.

Global Satellite Bus Market Trend: Integration Of 3D Printing Revolutionizes Satellite Bus Manufacturing

The increasing use of 3D printing is a key trend gaining popularity in the satellite bus market. Companies are applying advanced and additive manufacturing techniques, including 3D printing in satellite buses, to provide faster cycle times while improving performance. For example, in March 2022, Boeing, a US-based aerospace company, launched a new high-throughput small satellite production and test facility to expedite cycle times with additive manufacturing. The facility will 3D print entire space-qualified satellite buses to increase the rapid delivery timelines for small satellites.

Satellite Bus Market Merger And Acquisition: Kongsberg's Acquisition Strategy Fortifies Satellite Bus Market Evolution

In July 2022, Kongsberg Defense & Aerospace, a Norway-based aerospace company acquired 77% of NanoAvionics for a deal amount of $63.58 million (EUR 65 million). Through this acquisition, Kongsberg aims to provide cost-efficient solutions and services for customers, from manufacturing, payload production, and integration, to launch services, and mission control and data processing. NanoAvionics is a spacecraft engineering, smallsat bus manufacturer, and mission integrator.

Regional Analysis For The Global Satellite Bus Market

North America was the largest region in the satellite bus market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the satellite bus market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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

The satellite bus market consists of sales of mini satellite buses, CubeSats, microsatellites, nanosatellites, and picosatellites. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The satellite bus market research report is one of a series of new reports from The Business Research Company that provides satellite bus market statistics, including satellite bus industry global market size, regional shares, competitors with a satellite bus market share, detailed satellite bus market segments, market trends and opportunities, and any further data you may need to thrive in the satellite bus industry. This satellite bus market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Satellite Bus Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$12.88 billion
Revenue Forecast In 2033	$16.6 billion
Growth Rate	CAGR of 6.6% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Small Satellite, Medium Satellite, Large Satellite 2) By Application: Earth Observation And Meteorology, Communication, Scientific Research and Exploration, Other Applications
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Lockheed Martin Corporation; Thales Group; Airbus SE; Northrop Grumman Corporation; The Boeing Corporation; Mitsubishi Electric Corporation; Ball Corporation; Honeywell International Inc.; Sierra Nevada Corporation; Israel Aerospace Industries Ltd. (IAI); Comsat Systems Private Limited; Mitsubishi Heavy Industries; Dhruva Space; Inovor Technologies; Beijing Commsat Technology Development Co Ltd; Anabond Limited; Avasarala Technologies Limited; The China Aerospace Science and Technology Corp (CASC); Gilmour Space Technologies Valiant Space NextAero; Tamadic Co Ltd; Instarsat; AAC Clyde Space; Alba Orbital; Argotec; Exobotics; Exodus Orbitals; Cessna; Telespazio SpA; Raytheon; JSC Information Satellite Systems Reshetnev; Russian Satellite Communications Company; Surrey Satellite Technology Ltd; GomSpace Group AB; EnduroSat; Sputnix; SpaceQuest Ltd; Alliant Techsystems Inc; Visiona Tecnologia Espacial; Embratel Satelites; INVAP SE; OneWeb; Empresa Argentina de Soluciones Satelitales Sociedad Anonima (ARSAT); Satellogic; SAR-Sat Arabia; Arabsat; Israel Aerospace Industries (IAI); Space AI SpacePharma (SPACEPHARMA); Circle Aerospace; Space Plasmatics; SCS Space; Heliaq; CubeSpace / Innovus; Dragonfly Aerospace; Simera Sense
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Satellite Bus Market Characteristics

3. Satellite Bus Market Trends And Strategies

4. Satellite Bus Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Satellite Bus Market Size and Growth

5.1. Global Satellite Bus Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Satellite Bus Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Satellite Bus Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Satellite Bus Market Segmentation

6.1. Global Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Small Satellite

Medium Satellite

Large Satellite

6.2. Global Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Earth Observation & Meteorology

Communication

Scientific Research & Exploration

Other Applications

7. Satellite Bus Market Regional And Country Analysis

7.1. Global Satellite Bus Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Satellite Bus Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Satellite Bus Market

8.1. Asia-Pacific Satellite Bus 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 Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Satellite Bus Market

9.1. China Satellite Bus Market Overview

9.2. China Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Satellite Bus Market

10.1. India Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Satellite Bus Market

11.1. Japan Satellite Bus Market Overview

11.2. Japan Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Satellite Bus Market

12.1. Australia Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Satellite Bus Market

13.1. Indonesia Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Satellite Bus Market

14.1. South Korea Satellite Bus Market Overview

14.2. South Korea Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Satellite Bus Market

15.1. Western Europe Satellite Bus Market Overview

15.2. Western Europe Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Satellite Bus Market

16.1. UK Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Satellite Bus Market

17.1. Germany Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Satellite Bus Market

18.1. France Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Satellite Bus Market

19.1. Italy Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Satellite Bus Market

20.1. Spain Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Satellite Bus Market

21.1. Eastern Europe Satellite Bus Market Overview

21.2. Eastern Europe Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Satellite Bus Market

22.1. Russia Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Satellite Bus Market

23.1. North America Satellite Bus Market Overview

23.2. North America Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Satellite Bus Market

24.1. USA Satellite Bus Market Overview

24.2. USA Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Satellite Bus Market

25.1. Canada Satellite Bus Market Overview

25.2. Canada Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Satellite Bus Market

26.1. South America Satellite Bus Market Overview

26.2. South America Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Satellite Bus Market

27.1. Brazil Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Satellite Bus Market

28.1. Middle East Satellite Bus Market Overview

28.2. Middle East Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Satellite Bus Market

29.1. Africa Satellite Bus Market Overview

29.2. Africa Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Satellite Bus Market Competitive Landscape And Company Profiles

30.1. Satellite Bus Market Competitive Landscape

30.2. Satellite Bus Market Company Profiles

30.2.1. Lockheed Martin Corporation

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Thales Group

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Airbus SE

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Northrop Grumman Corporation

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. The Boeing Corporation

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Satellite Bus Market Other Major And Innovative Companies

31.1. Mitsubishi Electric Corporation

31.2. Ball Corporation

31.3. Honeywell International Inc.

31.4. Sierra Nevada Corporation

31.5. Israel Aerospace Industries Ltd. (IAI)

31.6. Comsat Systems Private Limited

31.7. Mitsubishi Heavy Industries

31.8. Dhruva Space

31.9. Inovor Technologies

31.10. Beijing Commsat Technology Development Co Ltd

31.11. Anabond Limited

31.12. Avasarala Technologies Limited

31.13. The China Aerospace Science and Technology Corp (CASC)

31.14. Gilmour Space Technologies Valiant Space NextAero

31.15. Tamadic Co Ltd

32. Global Satellite Bus Market Competitive Benchmarking

33. Global Satellite Bus Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Satellite Bus Market

35. Satellite Bus Market Future Outlook and Potential Analysis

35.1 Satellite Bus Market In 2028 - Countries Offering Most New Opportunities

35.2 Satellite Bus Market In 2028 - Segments Offering Most New Opportunities

35.3 Satellite Bus Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Satellite Bus Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Satellite Bus Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Asia-Pacific, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: China, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: China, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: India, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: India, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: Japan, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: Japan, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: Australia, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: Australia, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Indonesia, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Indonesia, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: South Korea, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: South Korea, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Western Europe, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Western Europe, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: UK, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: UK, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Germany, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Germany, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: France, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: France, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Italy, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Italy, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Spain, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Spain, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Eastern Europe, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: Eastern Europe, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Russia, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Russia, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: North America, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: North America, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: USA, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: USA, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Canada, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Canada, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: South America, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: South America, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Brazil, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Brazil, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Middle East, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Middle East, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Africa, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Africa, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Lockheed Martin Corporation Financial Performance

Table 52: Thales Group Financial Performance

Table 53: Airbus SE Financial Performance

Table 54: Northrop Grumman Corporation Financial Performance

Table 55: The Boeing Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Satellite Bus Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Satellite Bus Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Asia-Pacific, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: China, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: China, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: India, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: India, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: Japan, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: Japan, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: Australia, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: Australia, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Indonesia, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Indonesia, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: South Korea, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: South Korea, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Western Europe, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Western Europe, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: UK, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: UK, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Germany, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Germany, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: France, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: France, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Italy, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Italy, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Spain, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Spain, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Eastern Europe, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: Eastern Europe, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Russia, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Russia, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: North America, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: North America, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: USA, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: USA, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Canada, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Canada, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: South America, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: South America, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Brazil, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Brazil, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Middle East, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Middle East, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Africa, Satellite Bus Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Africa, Satellite Bus Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Lockheed Martin Corporation Financial Performance

Figure 52: Thales Group Financial Performance

Figure 53: Airbus SE Financial Performance

Figure 54: Northrop Grumman Corporation Financial Performance

Figure 55: The Boeing Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the satellite bus market?

How will the satellite bus market drivers and restraints affect the satellite bus market dynamics? What forces will shape the satellite bus industry going forward?

The satellite bus market major growth driver - Government And Space Agency Investments Propel Satellite Bus Market Growth. For further insights on the satellite bus market, request a sample here

What is the forecast market size or the forecast market value of the satellite bus market?

The satellite bus market size has grown strongly in recent years. It will grow from $12.1 billion in 2023 to $12.88 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to increasing demand for small satellites, high adoption of satellite constellation, and growing number of private space enterprises. The satellite bus market size is expected to see strong growth in the next few years. It will grow to $16.6 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to increase in the number of satellite launches, increasing demand from defense sector, and increasing government investments in space sector. Major trends in the forecast period include companies should consider undergoing partnerships to strengthen their position, focus on launching small satellite buses, consider applying advanced and additive manufacturing techniques, including 3d printing in satellite buses, and focus on the use of internet of things. For further insights on the satellite bus market, request a sample here

How is the satellite bus market segmented?

The satellite bus market is segmented
1) By Type: Small Satellite, Medium Satellite, Large Satellite
2) By Application: Earth Observation And Meteorology, Communication, Scientific Research and Exploration, Other ApplicationsFor further insights on the satellite bus market, request a sample here

Which region has the largest share of the satellite bus market? What are the other regions covered in the report?

North America was the largest region in the satellite bus market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the satellite bus market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the satellite bus market, request a sample here.

Who are the major players in the satellite bus market?

What are the key trends in the satellite bus market?

Major trend in the satellite bus market - Technological Advancements Driving Innovation In The Satellite Bus Market. For further insights on the satellite bus market, request a sample here.

What are the major opportunities in the satellite bus market? What are the strategies for the satellite bus market?

For detailed insights on the major opportunities and strategies in the satellite bus market, request a sample here.

How does the satellite bus market relate to the overall economy and other similar markets?

For detailed insights on satellite bus market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the satellite bus industry?

For detailed insights on the mergers and acquisitions in the satellite bus industry, request a sample here.

What are the key dynamics influencing the satellite bus market growth? SWOT analysis of the satellite bus market.

For detailed insights on the key dynamics influencing the satellite bus market growth and SWOT analysis of the satellite bus industry, request a sample here.