India Satellite Payloads Market Size & Outlook, 2025-2030
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India satellite payloads market highlights
- The India satellite payloads market generated a revenue of USD 305.0 million in 2024 and is expected to reach USD 929.9 million by 2030.
- The India market is expected to grow at a CAGR of 19.4% from 2025 to 2030.
- In terms of segment, low earth orbit (leo) was the largest revenue generating orbit in 2024.
- Low Earth Orbit (LEO) is the most lucrative orbit segment registering the fastest growth during the forecast period.
Satellite payloads market data book summary
| Market revenue in 2024 | USD 305.0 million |
| Market revenue in 2030 | USD 929.9 million |
| Growth rate | 19.4% (CAGR from 2025 to 2030) |
| Largest segment | Low earth orbit (leo) |
| Fastest growing segment | Low Earth Orbit (LEO) |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geostationary Earth Orbit (GEO) |
Other key industry trends
- In terms of revenue, India accounted for 3.4% of the global satellite payloads market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China satellite payloads market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 661.9 million by 2030.
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Satellite Payloads Market Scope
Satellite Payloads Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sierra Nevada Corporation | View profile | 1001-5000 | Sparks, Nevada, United States, North America | https://www.sncorp.com |
| Airbus | View profile | 10001+ | Leiden, Zuid-Holland, The Netherlands, Europe | http://www.airbus.com |
| Lockheed Martin Corporation | View profile | - | - | - |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| General Dynamics Corp | View profile | 111600 | 11011 Sunset Hills Road, Reston, VA, United States, 20190 | https://www.gd.com |
| Boeing Co | View profile | 171000 | 929 Long Bridge Drive, Arlington, VA, United States, 22202 | https://www.boeing.com |
| Northrop Grumman Corp | View profile | 101000 | 2980 Fairview Park Drive, Falls Church, VA, United States, 22042 | https://www.northropgrumman.com |
| Mitsubishi Heavy Industries Ltd | View profile | 86331 | 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, Japan, 100-8332 | https://www.mhi.com |
| L3Harris Technologies Inc | View profile | 50000 | 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 | https://www.l3harris.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
India satellite payloads market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to satellite payloads market will help companies and investors design strategic landscapes.
Low earth orbit (leo) was the largest segment with a revenue share of 54.36% in 2024. Horizon Databook has segmented the India satellite payloads market based on low earth orbit (leo), medium earth orbit (meo), geostationary earth orbit (geo) covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of satellite payloads market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India satellite payloads market , including forecasts for subscribers. This country databook contains high-level insights into India satellite payloads market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India satellite payloads market size, by orbit, 2018-2030 (US$M)
India Satellite Payloads Market Outlook Share, 2024 & 2030 (US$M)
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