Global Satellite Bus Market Size & Outlook, 2025-2030
The global satellite bus market size was estimated at USD 14,307.4 million in 2024 and is projected to reach USD 21,766.5 million by 2030, growing at a CAGR of 7.3% from 2025 to 2030.
Revenue, 2024 (US$M)
$14,307.4
Forecast, 2030 (US$M)
$21,766.5
CAGR, 2025 - 2030
7.3%
Report Coverage
Worldwide
Global satellite bus market, 2018-2030 (US$M)
Related Markets
Global satellite bus market highlights
- The global satellite bus market generated a revenue of USD 14,307.4 million in 2024 and is expected to reach USD 21,766.5 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 7.3% by 2030.
- In terms of segment, medium accounted for a revenue of USD 10,454.6 million in 2024.
- Nano is the most lucrative size segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, Australia is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 14,307.4 million |
| Market revenue in 2030 | USD 21,766.5 million |
| Growth rate | 7.3% (CAGR from 2025 to 2030) |
| Largest segment | Medium |
| Fastest growing segment | Nano |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Large, Medium, Small, Nano |
Other key industry trends
- In terms of revenue, the North America accounted for 48.1% of the global satellite bus market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Australia is the fastest growing regional market and is projected to reach USD 582.9 million by 2030.
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Satellite Bus Market Scope
Satellite bus market segmentation & scope
Others
Satellite Bus Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sierra Space | View profile | 1001-5000 | Louisville, Colorado, United States, North America | https://sierraspace.com |
| Ball Corporation | View profile | 10001+ | Broomfield, Colorado, United States, North America | http://ball.com |
| The Boeing Company | View profile | 10001+ | Arlington, Virginia, United States, North America | http://www.boeing.com |
| ISRO | View profile | 1001-5000 | Bangalore, Karnataka, India, Asia | https://www.isro.gov.in |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| Northrop Grumman Corp | View profile | 101000 | 2980 Fairview Park Drive, Falls Church, VA, United States, 22042 | https://www.northropgrumman.com |
| Lockheed Martin Corp | View profile | 122000 | 6801 Rockledge Drive, Bethesda, MD, United States, 20817 | https://www.lockheedmartin.com |
| Airbus SE | View profile | 150093 | P.O. Box 32008, Leiden, ZH, Netherlands, 2303 DA | https://www.airbus.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
Global satellite bus market size, by regions, 2018-2030 (US$M)
Top 10 countries: Satellite bus market size, 2024 (US$M)
Global satellite bus market share, by size, 2024 & 2030 (%, US$M)
Satellite bus market: Opportunity assessment by country
Global satellite bus market, by region, 2024 (US$M)
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