Global Military Satellite Market

Global Military Satellite Market Overview

• The Global Military Satellite Market Size is Expected to Grow from USD 29.75 Billion in 2023 to USD 76.62 Billion by 2033, at a CAGR of 9.92% during the forecast period 2023-2033.
• Artificial satellites built for defense-related purposes, such as early warning systems, communication, navigation, surveillance, and reconnaissance, are known as military satellites.
• They offer improved situational awareness, secure communication channels, and real-time intelligence.
• Geopolitical conflicts, technological developments, modernization of defense, more defense spending, and multifunctional capabilities are the main drivers of the need for sophisticated military satellite systems.
• The need for sophisticated satellite systems is driven by an increase in international conflicts and territorial disputes.
• Hyperspectral imaging, AI integration, and satellite shrinking improve efficiency and capabilities.
• Military satellites are useful for a variety of activities, including navigation, safe communication, and earth monitoring.

Major vendors in the global military satellite market

China Aerospace Science and Technology Corporation (CASC), Lockheed Martin Corporation, Raytheon Technologies Corporation, ROSCOSMOS, and others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Decisions Advisors has segmented the military satellite market based on the below-mentioned segments:

Global Military Satellite Market, By Satellite Mass

• 10-100kg
• 100-500kg
• 500-1000kg
• Below 10 Kg
• Above 1000kg

Global Military Satellite Market, By Orbit Class

• GEO
• LEO
• MEO

Global Military Satellite Market, By Satellite Subsystem

• Propulsion Hardware
• Propellant
• Satellite Bus & Subsystems
• Solar Array & Power Hardware
• Structures
• Harness & Mechanisms

Global Military Satellite Market, By Application

• Communication
• Earth Observation
• Navigation
• Space Observation
• Others

Global Military Satellite Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa