According to a new report published by Reports Monitor titled, “Satellite Payloads Market By Orbit Type, Payload Type, Frequency Band application: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the XXXX market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
The report has segmented the global market for satellite payloads on the basis of orbit-type, payload-type, applications and frequency bands.
In 2017, the global market for satellite payloads witnessed higher demand for hosted payloads designed for low earth orbit (LEO) deployment. While satellite payloads developed for LEO deployment will witness highest revenue share, global revenues contributed by this segment will incur slow growth throughout the forecast period.
Through 2025, navigation payloads will attain the largest revenue share, followed by imaging satellite payloads and communication payloads. Deployment of a majority of commercial satellites is expected to be directed towards boosting the strength of global navigation network.
Concurrently, navigation is expected to remain the largest application for satellite payloads. Towards the end of forecast period, scientific research applications of satellite payloads are also expected to gain traction.
The report further projects that sales of C K/KU/KA band payloads will dominate the market, recording nearly one-fourth share on global market throughout the forecast period
Key Questions Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in global Satellite Payloads market and what are their strategies?
• What are the factors driving the global Satellite Payloads Market?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?
The major companies profiled in the report include: Bruker Corporation, Alicona Imaging GmbH, Filmetrics, Inc., KEYENCE CORPORATION, KLA-Tencor Corporation, Mahr GmbH, Nanoscience Instruments, Nanovea, Sensofar, Zygo Corporation
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