Boston, MA -- (SBWIRE) -- 01/19/2017 -- Military satellites are primarily used for reconnaissance and surveillance, communications, signals intelligence, navigation, and meteorology. However, as of December 2015, only the US and Russia operated satellites for all the five aforementioned areas. Most countries either use a small number of military satellites or rely completely on commercial satellites for their military requirements.

Technavio's analysts forecast the global military satellite payloads and subsystems market to grow at a CAGR of 5.35% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global military satellite payloads and subsystems market for 2017-2021. To calculate the market size, the report considers the revenue generated in the overall market through the procurement of payloads and subsystems that are used with military satellites across the world.

The market is divided into the following segments based on geography:

Get More Details on this Report and a Full Table of Contents at Global Military Satellite Payloads and Subsystems Market 2017-2021

-Americas
-APAC
-EMEA

Technavio's report, Global Military Satellite Payloads and Subsystems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Airbus Defence and Space
-Boeing
-Honeywell
-Lockheed Martin
-Thales

Other prominent vendors

-BAE Systems
-China Spacesat
-Israel Aerospace Industries
-Northrop Grumman
-Orbital ATK

Market driver

-Emergence of inflatable SATCOM antennas
-For a full, detailed list, view our report

Market challenge

-Issues related to space debris and deorbiting
-For a full, detailed list, view our report

Market trend

-Predisposition toward establishing partnership with private SATCOM providers
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Airbus Defence, Space, Boeing, Honeywell, Lockheed Martin, Thales, BAE Systems, China Spacesat, Israel Aerospace Industries, Northrop Grumman,, Orbital ATK

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Defense research reports at Fast Market Research

You may also be interested in these related reports:
-Global Military Satellite Market 2016-2020
-The Global Military Radar Market 2015-2025
-Global UAV Payload and Subsystems Market 2017-2021
-Military Drones Market Shares, Strategies, and Forecasts, Worldwide, 2016 to 2022
-Military Robots Market - Global Forecast to 2020