Satellite Manufacturing Market Size, Share, and Trends 2024 to 2034

The global satellite manufacturing market size is calculated at USD 26.26 billion in 2025 and is forecasted to reach around USD 101.43 billion by 2034, accelerating at a CAGR of 16.20% from 2025 to 2034. The North America market size surpassed USD 12.20 billion in 2024 and is expanding at a CAGR of 16.31% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : March 2025
  • Report Code : 5660
  • Category : Aerospace and Defence

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

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 Manufacturing Market 

5.1. COVID-19 Landscape: Satellite Manufacturing Market 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 Manufacturing Market, By Category

8.1. Satellite Manufacturing Market Revenue and Volume Forecast, by Category

8.1.1. Low Earth Orbit (LEO)

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Medium Earth Orbit (MEO)

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Geostationary orbit (GEO)

8.1.3.1. Market Revenue and Volume Forecast

Chapter 9. Global Satellite Manufacturing Market, By Mass

9.1. Satellite Manufacturing Market Revenue and Volume Forecast, by Mass

9.1.1. Large Satellites

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Medium-Sized Satellites

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Nano Satellites

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Others

9.1.4.1. Market Revenue and Volume Forecast

Chapter 10. Global Satellite Manufacturing Market, By Type of Business

10.1. Satellite Manufacturing Market Revenue and Volume Forecast, by Type of Business

10.1.1. Government

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Commercial

10.1.2.1. Market Revenue and Volume Forecast

Chapter 11. Global Satellite Manufacturing Market, By Application 

11.1. Satellite Manufacturing Market Revenue and Volume Forecast, by Application

11.1.1. Communication

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Earth Observation and Remote Sensing

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Navigation

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Research and Development

11.1.4.1. Market Revenue and Volume Forecast

11.1.5. Military Surveillance

11.1.5.1. Market Revenue and Volume Forecast

11.1.6. Others

11.1.6.1. Market Revenue and Volume Forecast

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

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Category

12.1.2. Market Revenue and Volume Forecast, by Mass

12.1.3. Market Revenue and Volume Forecast, by Type of Business

12.1.4. Market Revenue and Volume Forecast, by Application

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Category

12.1.5.2. Market Revenue and Volume Forecast, by Mass

12.1.5.3. Market Revenue and Volume Forecast, by Type of Business

12.1.5.4. Market Revenue and Volume Forecast, by Application

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Category

12.1.6.2. Market Revenue and Volume Forecast, by Mass

12.1.6.3. Market Revenue and Volume Forecast, by Type of Business

12.1.6.4. Market Revenue and Volume Forecast, by Application

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Category

12.2.2. Market Revenue and Volume Forecast, by Mass

12.2.3. Market Revenue and Volume Forecast, by Type of Business

12.2.4. Market Revenue and Volume Forecast, by Application

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Category

12.2.5.2. Market Revenue and Volume Forecast, by Mass

12.2.5.3. Market Revenue and Volume Forecast, by Type of Business

12.2.5.4. Market Revenue and Volume Forecast, by Application

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Category

12.2.6.2. Market Revenue and Volume Forecast, by Mass

12.2.6.3. Market Revenue and Volume Forecast, by Type of Business

12.2.6.4. Market Revenue and Volume Forecast, by Application

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Category

12.2.7.2. Market Revenue and Volume Forecast, by Mass

12.2.7.3. Market Revenue and Volume Forecast, by Type of Business

12.2.7.4. Market Revenue and Volume Forecast, by Application

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Category

12.2.8.2. Market Revenue and Volume Forecast, by Mass

12.2.8.3. Market Revenue and Volume Forecast, by Type of Business

12.2.8.4. Market Revenue and Volume Forecast, by Application

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Category

12.3.2. Market Revenue and Volume Forecast, by Mass

12.3.3. Market Revenue and Volume Forecast, by Type of Business

12.3.4. Market Revenue and Volume Forecast, by Application

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Category

12.3.5.2. Market Revenue and Volume Forecast, by Mass

12.3.5.3. Market Revenue and Volume Forecast, by Type of Business

12.3.5.4. Market Revenue and Volume Forecast, by Application

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Category

12.3.6.2. Market Revenue and Volume Forecast, by Mass

12.3.6.3. Market Revenue and Volume Forecast, by Type of Business

12.3.6.4. Market Revenue and Volume Forecast, by Application

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Category

12.3.7.2. Market Revenue and Volume Forecast, by Mass

12.3.7.3. Market Revenue and Volume Forecast, by Type of Business

12.3.7.4. Market Revenue and Volume Forecast, by Application

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Category

12.3.8.2. Market Revenue and Volume Forecast, by Mass

12.3.8.3. Market Revenue and Volume Forecast, by Type of Business

12.3.8.4. Market Revenue and Volume Forecast, by Application

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Category

12.4.2. Market Revenue and Volume Forecast, by Mass

12.4.3. Market Revenue and Volume Forecast, by Type of Business

12.4.4. Market Revenue and Volume Forecast, by Application

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Category

12.4.5.2. Market Revenue and Volume Forecast, by Mass

12.4.5.3. Market Revenue and Volume Forecast, by Type of Business

12.4.5.4. Market Revenue and Volume Forecast, by Application

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Category

12.4.6.2. Market Revenue and Volume Forecast, by Mass

12.4.6.3. Market Revenue and Volume Forecast, by Type of Business

12.4.6.4. Market Revenue and Volume Forecast, by Application

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Category

12.4.7.2. Market Revenue and Volume Forecast, by Mass

12.4.7.3. Market Revenue and Volume Forecast, by Type of Business

12.4.7.4. Market Revenue and Volume Forecast, by Application

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Category

12.4.8.2. Market Revenue and Volume Forecast, by Mass

12.4.8.3. Market Revenue and Volume Forecast, by Type of Business

12.4.8.4. Market Revenue and Volume Forecast, by Application

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Category

12.5.2. Market Revenue and Volume Forecast, by Mass

12.5.3. Market Revenue and Volume Forecast, by Type of Business

12.5.4. Market Revenue and Volume Forecast, by Application

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Category

12.5.5.2. Market Revenue and Volume Forecast, by Mass

12.5.5.3. Market Revenue and Volume Forecast, by Type of Business

12.5.5.4. Market Revenue and Volume Forecast, by Application

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Category

12.5.6.2. Market Revenue and Volume Forecast, by Mass

12.5.6.3. Market Revenue and Volume Forecast, by Type of Business

12.5.6.4. Market Revenue and Volume Forecast, by Application

Chapter 13. Company Profiles

13.1. Airbus SE

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. ArianeGroup

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Azista BST Aerospace

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. The Boeing Company

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Dhruva Space Private Limited

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Gilmour Space Technologies

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. INVAP

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Lockheed Martin Corporation

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. Mitsubishi Electric 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 manufacturing market size is expected to grow from USD 22.60 billion in 2024 to USD 101.43 billion by 2034.

The satellite manufacturing market is anticipated to grow at a CAGR of 16.20% between 2025 and 2034.

The major players operating in the satellite manufacturing market are Airbus SE, ArianeGroup, Azista BST Aerospace, The Boeing Company, Dhruva Space Private Limited, Gilmour Space Technologies, INVAP, Lockheed Martin Corporation, Maxar Technologies Inc, Mitsubishi Electric Corporation, Northrop Grumman, RTX Corporation, Sierra Nevada Corporation, SpaceX, Thales Group, and Others.

The driving factors of the satellite manufacturing market are the growing demand for satellite-based data in various sectors, such as earth observation, environment monitoring, and agriculture, fuelling the satellite manufacturing market.

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

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