What is Satellite BusMarket?
A satellite bus or spacecraft bus is defined as a general model on which multiple-production satellite spacecraft are often based out. The bus is the infrastructure of the spacecraft, usually providing locations for the payload (typically space experiments or instruments).These buses are used for complex and high precision space missions like navigation, remote sensing, maritime & transportation management, disaster management, space & earth observation, telecommunications, and military intelligence, among others. Further, the increase in the development of satellites and rapid technological advancement in spacecraft technologies is diving the global satellite bus market.
Market Trend
Migration of Satellites to Geostationary Orbits and Evolutionary Change in Satellite Structure
Market Drivers
Rising Demand for Nano Satellite and Micro-Satellites in Various Applications, Increasing Demand for Satellite Aided Warfare and Cost Reduction in Satellite Launch
Opportunities
Rapid Increase in Small Satellites and Owing to Technological Innovations and Recent Advancements in Spacecraft Design and Propulsion Technology Coupled With Growing Space Exploration Missions
The Vendors Covered in the Study are:
Northrop Grumman Corporation (United States), Lockheed Martin Corporation (United States), Thales Group (France), Airbus S.A.S (Netherlands), China Academy of Space Technology (China), Israel Aerospace Ltd. (Israel), Boeing (United States), Honeywell International Inc. (United States) and Mitsubishi (Japan)
Available Customization:
List of players that can be included in the study on immediate basis are Ball Corporation (United States), Sierra Nevada Corporation (United States) and Airbus Defense and Space Inc.(United Kingdom).