Global Military Satellite Market 2016-2020

About the Military Satellite Market
Military satellites are used for conventional missions such as intelligence gathering, navigation, and military communications. These are computer-controlled systems that perform thermal control, telemetry, power generation, attitude control, and orbit control. These data are used for several applications such as agriculture, water resources, urban development, mineral prospecting, environment, forestry, border and maritime security, drought and flood forecasting, and ocean resource and disaster management. By 2012, 6,600 satellites had been launched, of which 1,000 were operational.

Technavio’s analysts forecast the global military satellite market to grow at a CAGR of 5.70% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global military satellite market for 2016-2020.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Military Satellite Market 2016-2020, 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
• Boeing
• Israel Aerospace Industries (IAI)
• Northrop Grumman
• Raytheon
• Thales Group

Other prominent vendors
• Airbus Defence and Space
• GE Aviation
• Lockheed Martin
• SpaceX
• ViaSat

Market driver
• Increasing demand for electro-optical imaging systems
• For a full, detailed list, view our report

Market challenge
• Cost associated with satellite launch
• For a full, detailed list, view our report

Market trend
• Growing investments in SATCOM
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 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?

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