At 2.50% CAGR the Military Satellite Market to Reach US$10.1 Billion by 2027
View as PDF
The Global Military Satellite Market 2017-2027 report says cumulative market for global expenditure on Military Satellite systems is valued at US$93.3 billion over the forecast period. The market is expected to be led by North America with a share of 39.2% over the forecast period. --
Global expenditure on Military Satellite systems market 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.
Browse 13 leading company's competitive analysis, spread across 138 pages available @ http://www.reportsnreports.com/reports/916010-the-global-military-satellite-market-2017-2027.html .
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%.
Over the forecast period, governments are expected to invest in cheaper alternatives such as microsatellites. This class of satellites is much cheaper and faster to design, build, and launch, although the reliability and longevity of these systems has not been proved yet. One of the reasons for their rapid development timelines is the use of commercial-off-the-shelf (COTS) technology, which makes the assembly of these satellites simple and fast. With pressure on a number of major defense spending countries to reduce defense spending, these satellites are expected to be a major area for investment as they accomplish most of the tasks performed by traditional satellites.
The report "The Global Military Satellite Market 2017-2027" offers detailed analysis of the global Military Satellite market over the next 10 years, and provides market size forecasts. Furthermore, it covers key technological and market trends in the industry and analyzes factors influencing demand for Military Satellite systems. Additionally, the report highlights challenges faced by industry participants.
Order a copy of report @ http://www.reportsnreports.com/purchase.aspx?name=916010 .
In particular, it provides an in-depth analysis of the following -
Overview: Snapshot of the Military Satellite market during 2017-2027, including highlights of the demand drivers, trends, and challenges. It also provides a snapshot of the expenditure with respect to regions as well as segments
Market Dynamics: Insights into the technological developments in the Military Satellite market and a detailed analysis of the changing preferences of governments around the world. It also analyzes changing industry structure trends and the challenges faced by the industry participants
Segment Analysis: Insights into the Military Satellite market from a segmental perspective and a detailed analysis of factors influencing the market for each segment
Regional Review: Insights into modernization patterns and budgetary allocation for the top countries within a region
Regional Analysis: Insights into the Military Satellite market from a regional perspective and a detailed analysis of factors influencing the market for each region
Trend Analysis - Key Defense Market: Analysis of the key markets in each region, providing an analysis of the Military Satellite segments expected to be in demand in each region
Key Program Analysis: Details of the top programs in each segment expected to be executed during the forecast period
Competitive landscape analysis: Analysis of competitive landscape of the global Military Satellite industry. It provides an overview of key defense companies, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.
Check for Discount on this Report @ http://www.reportsnreports.com/contacts/discount.aspx?name=916010 .
Companies reviewed in this report: The Boeing Company, Lockheed Martin Corporation, The Raytheon Company, QinetiQ Group plc, Northrop Grumman Corporation, Airbus Defence and Space, Harris Corporation, Israel Aerospace Industries, Intelsat General Corporation, ISS-Reshetnev, Mitsubishi Electric Corporation, Telespazio, Thales.
ReportsnReports.com is single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.
Name: Ritesh Tiwari
Address: Magarpatta City, Pune, Maharashtra, India
Source URL: http://marketersmedia.com/at-2-50-cagr-the-military-satellite-market-to-reach-us10-1-billion-by-2027/178825
For more information, please visit http://www.reportsnreports.com/reports/916010-the-global-military-satellite-market-2017-2027.html
Release ID: 178825
Recent Press Releases By The Same User
Agarwood Essential Oil Market Expected to Grow at CAGR 4.2% During 2016 to 2022 (Fri 2nd Jun 17)
Cyber Weapon Market by Type, Product, Application, Region, Outlook and Forecast to 2022 (Fri 2nd Jun 17)
Landscaping and Gardening Expert Trevor McClintock Launches New Locally Optimized Website (Fri 2nd Jun 17)
Sleep apnea devices Market is Evolving At A CAGR of 7.5% by 2022 (Fri 2nd Jun 17)
Agriculture Technology Market 2017 Global Analysis, Opportunities and Forecast to 2022 (Fri 2nd Jun 17)
Global VR Helmet Market by Manufacturers, Technology, Type and Application, Forecast to 2022 (Fri 2nd Jun 17)