[October 03, 2017]

Global Military Satellite Market Report 2017-2027 - Research and Markets

The "The Global Military Satellite Market 2017-2027" report has been added to Research and Markets' offering.

Global Military Satellite market, valued at US$7.9 billion in 2017, is projected to grow at a CAGR of 2.50%, to value US$10.1 billion by 2027

The cumulative market for global expenditure on Military Satellite systems is valued at US$93.3 billion over the forecast period. Global expenditure on Military Satellite systems is expected to show robust growth over the forecast period, primarily due to the increased importance of Military Satellite systems in modern or fourth-generation warfare.

The market for ISR Satellites is anticipated to be bigger than other categories because of the increase in demand for data transfer bandwidth, due to the widespread use of UAVs and the need for expeditionary forces to stay connected to the command center. A significant portion of military expenditure is also expected to be directed towards commercal satellite service providers that enable communications and ISR capabilities. However, the high costs associated with military satellite programs are still impeding the smaller nations to spend on acquiring space based capabilities.

The global Military Satellite Systems market is expected to be led by North America with a share of 39.2% over the forecast period, followed by Europe with 29.3% and Asia-Pacific with a share of 21.1%. The Middle Eastern market is expected to account for 5.5%, followed by Latin America with 3.3%, and the African markets with a share of 1.6%.

Key Topics Covered:

1. Executive Summary

2. Global Military Satellite Systems Market - Overview

3. Market Dynamics

4. Military Satellite Systems - Segment Analysis

5. Regional Review

6. Military Satellite Systems Market - Regional Analysis

7. Trend Analysis - Key Defense Markets

8. Key Programs Analysis

9. Competitive Landscape Analysis

• Airbus Defence and Space
• Harris Corporation (News - Alert)
• ISS-Reshetnev
• Intelsat General Corporation
• Israel Aerospace Industries
• Lockheed Martin Corporation
• Mitsubishi Electric Corporation
• Northrop Grumman Corporation
• QinetiQ (News - Alert) Group plc
• Telespazio
• Thales
• The Boeing Company
• The Raytheon Company

For more information about this report visit https://www.researchandmarkets.com/research/6ghrfh/the_global

View source version on businesswire.com: http://www.businesswire.com/news/home/20171003006177/en/

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