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Medium and Large Satellite Market: Rising Allocations On analysis And Innovation

The global medium and large satellite market for space industry is driven by the growing investment in satellite projects and the wide range of applications of medium and large satellites. <br>

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Medium and Large Satellite Market: Rising Allocations On analysis And Innovation

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  1. MEDIUM AND LARGE SATELLITE MARKETThe electrical propulsion system segment anticipated to be highly lucrative during the forecast period The Electrical Propulsion (EP) system is a technology that makes use of electrical power to accelerate a propellant by different possible electrical and/or magnetic means.The use of electrical power enhances the propulsive performances of the EP thrusters compared to conventional chemical thrusters. These reduce the mass of satellite and cuts down the launch cost. Hence, electric propulsion systems are expected to contribute to the growth of the market during the forecast period 2018 to 2026. ©2019 Transparency Market Research, All Rights Reserved

  2. Table of Content

  3. Key Players in the Report: The Medium Large Satellite Space Market is concentrated in nature with leading players such as • Gomspace • Lockheed Martin Corporation • SES SA • Inmarsat PLC • Airbus D&S • SpaceX • DigitalGlobe • UrtheCast • AMOS Spacecom

  4. Report Highlights • The global medium and large satellite market for space industry is driven by the growing investment in satellite projects and the wide range of applications of medium and large satellites. Furthermore, increasing demand for medium and large satellites for security reasons, and from meteorological departments to enhance weather forecasting isa major factor expected to drive the market in the coming years. • Defense and space industry are other major applications driving the demand for medium and large satellites. The presence of a skilled workforce, lower cost of manufacturing, and launching facilities is expected to provide ample opportunity to the medium and large satellite market for space industry during the forecast period. However, the high resolution and the low cost of small satellites is expected to hamper the global medium and large satellite market.  Request Sample of Report

  5. The global medium and large satellite market for space industry was valued at US$ 171.92 Bn in 2017 and is projected to expand at a compound annual growth rate (CAGR) of over 4.1% from 2018 to 2026. • The global medium and large satellite market for space industryhas been segmented based on solution, mass, band, orbit, propulsion type, application, and region. Based on solution, the market has been divided into hardware, software, data processing, and launch service.  • North America is anticipated to hold a significant share of the market over the forecast period followed by Europe and Asia Pacific. 

  6. About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reports strive to serve clients and satisfy their overall research requirement.

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