World Military Satellite Sector to Register a 5.7% CAGR through 2020, Says Infiniti Research in Report Available at MarketPublishers.com09 Jun 2016 • by Natalie Aster
LONDON – The global market for military satellites is projected to gain momentum, growing at a 5.7% CAGR during 2016-2020. The growth of the sector is being driven by the healthy demand for electro-optical imaging devices and systems, among others. The marketplace has also seen the soaring investments in SATCOM systems and solutions. However, the costs related to the launch of satellites pose a challenge to the further market growth.
Such top companies as Boeing, Northrop Grumman, Raytheon, Israel Aerospace Industries (IAI), and Thales Group dominate the marketplace. Amid other prominent players one can name ViaSat, Airbus Defence and Space, GE Aviation, SpaceX, and Lockheed Martin.
Comprehensive report “Global Military Satellite Market 2016-2020” elaborated by Infiniti Research provides an all-encompassing appraisal of the market on a global scale with a particular focus on the regions such as Americas, EMEA and Asia-Pacific. The study explores the current market status and discusses its prospective growth in the years ahead. It calculates the market size and offers detailed forecasts to 2020; presents Porter’s five forces analysis; analyses the aerospace and defense supply chain system; and gives insights into the value chain system. The study also provides market segmentation by system and type. It gives unprejudiced insights into competitive scene and gives a comprehensive review of the leading vendors involved in the industry. The report keeps track of the prevailing industry trends, considers the factors driving and restraining the sector’s growth, and also identifies the challenges the market participants are confronting.
More in-demand publications elaborated by this publisher can be found at Infiniti Research page.