Global Satellite Bus Market Size & Outlook, 2023-2030
The satellite bus industry worldwide is expected to reach a projected revenue of US$ 21,766.4 million by 2030. A compound annual growth rate of 7.1% is expected of the worldwide satellite bus industry from 2024 to 2030.
Revenue, 2023 (US$M)
$13,436.5
Forecast, 2030 (US$M)
$21,766.4
CAGR, 2024 - 2030
7.1%
Report Coverage
Worldwide
Global satellite bus market, 2018-2030 (US$M)
Global satellite bus market highlights
- The global satellite bus market generated a revenue of USD 13,436.5 million in 2023 and is expected to reach USD 21,766.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.1% by 2030.
- In terms of segment, large accounted for a revenue of USD 13,436.5 million in 2023.
- Large 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 2023.
Global data book summary
| Market revenue in 2023 | USD 13,436.5 million |
| Market revenue in 2030 | USD 21,766.4 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Large |
| Fastest growing segment | Large |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Large |
Other key industry trends
- In terms of revenue, the North America accounted for 49.2% of the global satellite bus market in 2023.
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Satellite Bus Market Scope
Satellite bus market segmentation & scope
Subsystem
Electrical Power System
Attitude Control System
Structure and Mechanical System
Communication and Data Handling Subsystem
Propulsion System
Thermal Control
Application
Communication
Earth Observation and Meteorology
Navigation
Research and Exploration
Security & Surveillance
Others
Countries
U.S.
Canada
Mexico
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Australia
China
India
Japan
South Korea
Thailand
Brazil
Argentina
UAE
South Africa
Saudi Arabia
Kuwait
Satellite Bus Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global satellite bus market size, by regions, 2018-2030 (US$M)
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