The "Global Military Satellite Market - Trends, Forecast and Global Analysis (2018 - 2023)" report has been added to ResearchAndMarkets.com's offerings.
Military satellites are a measure of the nation's military strength, operability, and the ability to attack or defend itself. These satellites give the military real-time data of movement of troops and arsenal in the enemy borders. They also facilitate high-bandwidth communication over secure channels, track and target enemy encroachment or intruding vehicles, and other military functions.
The smallsats are mass produced satellite systems available in market, and are currently in service. Since the introduction of smallsats in 2013, 94 have been launched into orbit within a year. Following this, the launch cost per smallsat went up due to the demand. The expectation is that, by the end of 2020, there will be more than 1,000 smallsats orbiting earth.
The Indian Space program under ISRO/Antrix is run and maintained by the government and has witnessed many successful missions, more than any other group of nations with similar or better technology and limited funds. In 2016, India launched 22 satellites into orbit in a single mission. Of the 22 satellites, 14 belong to foreign nations that included the US, Canada, Germany, and Indonesia.
Companies mentioned in this report...
- Space Systems/Loral
- Aero Astro L.L.C.
- Airbus Defense and Space
- Alcatel Space
- Boeing Space Systems
- Israel Aerospace S.A.e X
- BAE systems