Global All-Electric Satellites Market 2019-2029: Analysis by Type, Application, and Regional Landscape

 The global all-electric satellite market is estimated to grow at a dexterous CAGR of over 11% during the forecast period (2019-2029) and reach a value pool of over US$ 18 Bn.

The slowdown in global economic growth has had a certain effect on the global market for all-electric satellites.

Despite this, it is expected to retain a fairly optimistic growth through 2029. All-electric satellites are increasingly becoming the solution of choice for propulsion systems on board many types of satellite platforms over the last few years.

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Key findings of the All-Electric Satellites market study:

·         Regional breakdown of the All-Electric Satellites market based on predefined taxonomy.

·         Innovative manufacturing processes implemented by All-Electric Satellites vendors in detail.

·         Region-wise and country-wise fragmentation of the All-Electric Satellites market to grasp the revenue, and growth outlook in these areas.

·         Changing preferences among consumers across various regions and countries.

·         Factors (Positive and Negative) impacting the growth of the global All-Electric Satellites market.

Technological Improvements to Remain Key Market Imperative:

The global all-electric satellite market is consolidated in nature with a few industry giants such as Airbus SE, The Boeing Company and Ariane Group acquiring the top shares.

All-electric satellites are expected to perform exceptionally well with respect to being economic. Over time, more businesses will be selling this type of technology. Some of the key developments in the all-electric satellite market are:

  • In March 2020, Boeing SA and Lockheed Martin were chosen under the U.S., Protected Tactical Satcom (PTS) program to develop jam-resistant communications devices. Boeing and Lockheed Martin each won contracts worth US$ 191 million and US$ 240 million respectively. These two companies will be joining Northrop Grumman as the three largest contractors for designing.
  • In August 2018, Eutelsat aimed to replace its most valuable set of broadcast satellites with two larger all-electric satellites from Airbus.

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Global All-Electric Satellites Market: In-Depth Assessment on Key Segments:

The global all-electric satellites market is segmented on the basis of propulsion type, satellite type, application and region.

  • By Propulsion Type :
    • Electrostatic
    • Electrothermal
    • Electromagnetic
    • Photonic
  • By Satellite Type :
    • LEO (Low Earth Orbit)
    • MEO (Medium Earth Orbit)
    • GEO (Geosynchronous Earth Orbit)
  • By Application :
    • Commercial Communications
    • Military Surveillance
    • Earth Observation & Remote Sensing
    • Research and Development
  • By Region :
    • North America
    • Latin America
    • Europe
    • South Asia
    • East Asia
    • Oceania
    • Middle East & Africa

How will be insights and market estimations provided in the Fact.MR report on the Demand of All-Electric Satellites make a difference?

  • The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
  • The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
  • The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
  • Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
  • Evaluates the role of various stages of funding on new growth avenues in key regional markets 

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