What is Software-Defined Satellite Market?
Software-defined satellites are used by academic, commercial, and government. Academic end users are the educational institutes and universities, which are develops their own software-defined satellites for space exploration and scientific research. Commercial end-users basically consist of the commercial industries, like oil and gas, mining, and agriculture, which are utilises the software-defined satellites for their product mapping and earth exploration. Government end users are the space agencies which are operated by governments of different countries.
Highlights from Software-Defined Satellite Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | AIKO Space (Italy), Airbus (France), Eutelsat (France), Harris Corporation (United States), Lockheed Martin Corporation (United States), MAXAR Technologies Inc. (United States), Northrop Grumman Corporation (United States), NVIDIA (United States), SES S.A. (Luxembourg) and Surrey Satellite Technology Ltd. (SSTL) (United States) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Software-Defined Satellite market throughout the forecasted period.
AIKO Space (Italy), Airbus (France), Eutelsat (France), Harris Corporation (United States), Lockheed Martin Corporation (United States), MAXAR Technologies Inc. (United States), Northrop Grumman Corporation (United States), NVIDIA (United States), SES S.A. (Luxembourg) and Surrey Satellite Technology Ltd. (SSTL) (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Thales Group (France), The Boeing Company (China) and Vector Launch (United States). Software-Defined Satellite Market Segmentation:
Scope | Sub-Segments |
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End users | Academic,Commercial,Government |
Orbit | Medium Earth Orbit (MEO),Low Earth Orbit (LEO),Geosynchronous Earth Orbit (GEO) |
Subsystems type | Payload,Structure,Telecommunication,On-board computer,Power system,Attitude control system |
Categories | Heavy satellites,Large satellites,Medium satellites,Small satellites |
On the basis of geography, the market of Software-Defined Satellite has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Addition of Reconfigurable Computing in Reconfigurable Satellite Payloads
Market Growth Drivers:
Growing Capability of Electronics and Communication Technology and Rising Demand of Autonomous Satellites for Deep Space Missions
Challenges:
Challenges to Attain Integrated Satellite-Terrestrial Network
Restraints:
Rising Concerns for Cyber Attacks
Opportunities:
Flexibility to Alter Space Missions are Fueling the Market and Increased Capability of Software Defined Satellite
Key Target Audience
Software developers, Government associations, Research organisations, software vendors and Others