Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
North America holds a significant share of the satellite bus industry owing to the rapid adoption of advanced technology in the region. Moreover, the presence of leading space organisations, such as the National Aeronautics and Space Administration (NASA), is positively impacting the market growth. The increasing investments in satellite technology by the government, especially in defence and military applications, are escalating the deployment of satellite buses, hence fuelling the industry growth. The presence of various leading companies in the region is further bolstering the market growth. Meanwhile, the Asia Pacific region is poised to witness rapid growth due to the rising demand for satellite buses in developed countries, such as Japan, Singapore, and South Korea, among others. The increasing investments in space technologies by various governments in the region are expected to augment the growth of the market in upcoming years.
Thales Alenia Space, a joint venture of Leonardo S.p.A (BIT: LDO) and Thales Group (EPA: HO), announced in August 2020 that it had signed a contract with SES to build geostationary communications satellites, SES-22 and SES-23. The joint venture was expected to be responsible for the production, design, and testing of satellites. Moreover, it was anticipated to support payload in-orbit acceptance tests, and its Spacebus 4000 B2 platform was projected to be the base of the new satellites. The satellites were designed to provide digital broadcasting services in North America. In addition, they would enable SES to contribute to the efficient rollout of the 5G network in the United States. Such developments are increasing the use of satellite buses, which is providing impetus to the market growth.
Market Analysis by Subsystem, Satellite Size, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global satellite bus market are Thales Group, Lockheed Martin Corporation, Airbus SE, OHB SE, and Israel Aerospace Industries Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.