Research and Markets: Innovations Drive Military Satellite Payload, Subsystem Market Growth

Research and Markets has predicted the global market for military satellite payloads and subsystems will grow at a 5.35 percent compound annual growth rate through 2021 due to advancements in satellites, antenna technology and networks.

The research firm said it also forecasts that the emergence of ground-based inflatable satellite communications antennas for military applications will help drive market growth.

The “Global Military Satellite Payloads and Subsystems Market 2017-2021” report also offers information on market drivers, trends and challenges and vendor landscape.

Companies profiled in the report include:

  • Airbus’ defence and space segment
  • BAE Systems
  • Boeing
  • China Spacesat
  • Honeywell
  • Israel Aerospace Industries
  • Lockheed Martin
  • Northrop Grumman
  • Orbital ATK
  • Thales

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