Satellite Market Size, Share, and Trends 2024 to 2034

The global satellite market size is calculated at USD 362.28 billion in 2025 and is forecasted to reach around USD 729.53 billion by 2034, accelerating at a CAGR of 8.1% from 2025 to 2034. The North America satellite market size surpassed USD 123.89 billion in 2024 and is expanding at a CAGR of 8.24% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : April 2025
  • Report Code : 3031
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Satellite Market 

5.1. COVID-19 Landscape: Satellite Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Satellite Market, By Type

8.1. Satellite Market, by Type

8.1.1. Large Satellite

8.1.1.1. Market Revenue and Forecast

8.1.2. Medium Satellite

8.1.2.1. Market Revenue and Forecast

8.1.3. Small Satellite

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Satellite Market, By Orbit

9.1. Satellite Market, by Orbit

9.1.1. Low Earth orbit (LEO)

9.1.1.1. Market Revenue and Forecast

9.1.2. Medium Earth Orbit (MEO)

9.1.2.1. Market Revenue and Forecast

9.1.3. Geosynchronous orbit (GEO)

9.1.3.1. Market Revenue and Forecast

9.1.4. Obstetrics

9.1.4.1. Market Revenue and Forecast

Chapter 10. Global Satellite Market, By Application

10.1. Satellite Market, by Application

10.1.1. Commercial Communications

10.1.1.1. Market Revenue and Forecast

10.1.2. Space Observation

10.1.2.1. Market Revenue and Forecast

10.1.3. Navigation

10.1.3.1. Market Revenue and Forecast

10.1.4. Scientific Research

10.1.4.1. Market Revenue and Forecast

10.1.5. Military Surveillance

10.1.5.1. Market Revenue and Forecast

10.1.6. Others

10.1.6.1. Market Revenue and Forecast

Chapter 11. Global Satellite Market, By End-User 

11.1. Satellite Market, by End-User

11.1.1. Government & Civil

11.1.1.1. Market Revenue and Forecast

11.1.2. Military

11.1.2.1. Market Revenue and Forecast

11.1.3. Commercial

11.1.3.1. Market Revenue and Forecast

Chapter 12. Global Satellite Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Type

12.1.2. Market Revenue and Forecast, by Orbit

12.1.3. Market Revenue and Forecast, by Application

12.1.4. Market Revenue and Forecast, by End-User

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Type

12.1.5.2. Market Revenue and Forecast, by Orbit

12.1.5.3. Market Revenue and Forecast, by Application

12.1.5.4. Market Revenue and Forecast, by End-User

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Type

12.1.6.2. Market Revenue and Forecast, by Orbit

12.1.6.3. Market Revenue and Forecast, by Application

12.1.6.4. Market Revenue and Forecast, by End-User

12.2. Europe

12.2.1. Market Revenue and Forecast, by Type

12.2.2. Market Revenue and Forecast, by Orbit

12.2.3. Market Revenue and Forecast, by Application

12.2.4. Market Revenue and Forecast, by End-User

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Type

12.2.5.2. Market Revenue and Forecast, by Orbit

12.2.5.3. Market Revenue and Forecast, by Application

12.2.5.4. Market Revenue and Forecast, by End-User

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Type

12.2.6.2. Market Revenue and Forecast, by Orbit

12.2.6.3. Market Revenue and Forecast, by Application

12.2.6.4. Market Revenue and Forecast, by End-User

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Type

12.2.7.2. Market Revenue and Forecast, by Orbit

12.2.7.3. Market Revenue and Forecast, by Application

12.2.7.4. Market Revenue and Forecast, by End-User

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Type

12.2.8.2. Market Revenue and Forecast, by Orbit

12.2.8.3. Market Revenue and Forecast, by Application

12.2.8.4. Market Revenue and Forecast, by End-User

12.3. APAC

12.3.1. Market Revenue and Forecast, by Type

12.3.2. Market Revenue and Forecast, by Orbit

12.3.3. Market Revenue and Forecast, by Application

12.3.4. Market Revenue and Forecast, by End-User

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Type

12.3.5.2. Market Revenue and Forecast, by Orbit

12.3.5.3. Market Revenue and Forecast, by Application

12.3.5.4. Market Revenue and Forecast, by End-User

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Type

12.3.6.2. Market Revenue and Forecast, by Orbit

12.3.6.3. Market Revenue and Forecast, by Application

12.3.6.4. Market Revenue and Forecast, by End-User

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Type

12.3.7.2. Market Revenue and Forecast, by Orbit

12.3.7.3. Market Revenue and Forecast, by Application

12.3.7.4. Market Revenue and Forecast, by End-User

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Type

12.3.8.2. Market Revenue and Forecast, by Orbit

12.3.8.3. Market Revenue and Forecast, by Application

12.3.8.4. Market Revenue and Forecast, by End-User

12.4. MEA

12.4.1. Market Revenue and Forecast, by Type

12.4.2. Market Revenue and Forecast, by Orbit

12.4.3. Market Revenue and Forecast, by Application

12.4.4. Market Revenue and Forecast, by End-User

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Type

12.4.5.2. Market Revenue and Forecast, by Orbit

12.4.5.3. Market Revenue and Forecast, by Application

12.4.5.4. Market Revenue and Forecast, by End-User

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Type

12.4.6.2. Market Revenue and Forecast, by Orbit

12.4.6.3. Market Revenue and Forecast, by Application

12.4.6.4. Market Revenue and Forecast, by End-User

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Type

12.4.7.2. Market Revenue and Forecast, by Orbit

12.4.7.3. Market Revenue and Forecast, by Application

12.4.7.4. Market Revenue and Forecast, by End-User

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Type

12.4.8.2. Market Revenue and Forecast, by Orbit

12.4.8.3. Market Revenue and Forecast, by Application

12.4.8.4. Market Revenue and Forecast, by End-User

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Type

12.5.2. Market Revenue and Forecast, by Orbit

12.5.3. Market Revenue and Forecast, by Application

12.5.4. Market Revenue and Forecast, by End-User

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Type

12.5.5.2. Market Revenue and Forecast, by Orbit

12.5.5.3. Market Revenue and Forecast, by Application

12.5.5.4. Market Revenue and Forecast, by End-User

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Type

12.5.6.2. Market Revenue and Forecast, by Orbit

12.5.6.3. Market Revenue and Forecast, by Application

12.5.6.4. Market Revenue and Forecast, by End-User

Chapter 13. Company Profiles

13.1. Airbus Defence and Space

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Ball Aerospace & Technologies Corp.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Boeing Satellite Systems International

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Eutelsat Communications SA

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. General Dynamics Mission Systems

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Harris Corporation

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Intelsat SA

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Iridium Communications Inc.

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Maxar Technologies Inc.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Raytheon Technologies Corporation

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global satellite market size is expected to increase USD 729.53 billion by 2034 from USD 334.83 billion in 2024.

The satellite market is anticipated to grow at a CAGR of over 8.1% between 2025 and 2034.

North America region will lead the global satellite market during the forecast period 2025 to 2034.

The major players operating in the satellite market are Airbus Defence and Space, Ball Aerospace & Technologies Corp., Boeing Satellite Systems International, Eutelsat Communications SA, General Dynamics Mission Systems, Harris Corporation, Intelsat SA, Iridium Communications Inc., Maxar Technologies Inc. Raytheon Technologies Corporation, SES S.A., Space Exploration Technologies Corp., Telesat Canada, Thales Alenia Space, ViaSat Inc., and Others.

The driving factors of the satellite market are the rising demand for high-resolution satellite imagery and increasing demand for satellite based iot networks for emerging applications.

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