"Smart Market Solutions to Help Your Business Gain Edge over Competitors"

Satellite Bus Market Size, Share & Industry Analysis, By Size (Small (1-500 kg), Medium (501-2500 kg), Large (>2500 kg)), By Subsystem (Structures and Mechanisms, Thermal Control, Electric Power System(EPS)), By Application (Earth Observation & Meteorology, Communication, Scientific Research & Exploration) and Regional Forecast, 2021-2028

Region : Global | Report ID: FBI102608 | Status : Ongoing



The structural body and primary system of a satellite are commonly referred to as a satellite bus. The satellite bus is used as a transport mechanism for a payload. Every space mission depends on the work between spacecraft and payload. The bus drives satellite by generating power and helpful for different applications. Increasing deployment of small satellites, especially for applications such as earth observation, an increase in several space exploration missions, increased investments in space-related missions from emerging economies, technological advancement in satellite systems, and growing private space companies are the major factors driving the growth of the satellite bus market.

Key Market Driver -

• Increased Deployment of Satellites Drives The Growth Of The Market • Increase in Number Of Space Investigation Missions Propels The Market Growth

Key Market Restraint -

• Higher Cost Associated in Repair And Maintenance

Market Segmentation:

By size, the market segmented into small, medium, and large. The small satellite is further classified into nanosatellite, microsatellite, and minisatellite. Based on the subsystem, the market segmented into structures and mechanisms, thermal control, electric power systems (EPS), attitude control system, propulsion, telemetry tracking and command (TT&C), and flight software. Based on the application, the market is segmented into earth observation & meteorology, communication, scientific research & exploration, surveillance & security, and navigation & mapping. From a geographical standpoint, the market categorized into North America, Europe, Asia Pacific, and the Rest of the World.

Key Players Covered:

Major key players that are present in the Global Satellite Bus Market are Honeywell International Inc. (The U.S.), Lockheed Martin Corporation (The U.S.), Airbus S.A.S. (France), Boeing (The US), Thales Group (France), IAI (Israel), Mitsubishi Electric Corporation (Japan), BALL CORPORATION (The U.S.), Sierra Nevada Corporation (The U.S.), Northrop Grumman Corporation (The U.S.), and among others.

Key Insights

  • Increased Deployment of Satellites

Regional Analysis:

North America holds the highest market share in the satellite bus market. The growth is attributed to the

increasing investments in the satellite bus industry by the U.S. to enhance the efficiency and capabilities of the satellite bus and launch vehicles. The presence of key manufacturers in the U.S. such as Lockheed Martin Corporation, BALL CORPORATION, Boeing, Honeywell International Inc., and others drive the growth of the satellite bus market across the region.

To gain extensive insights into the market, Request for Customization

 Asia Pacific estimated to capture a significant market share of the satellite bus market globally during the forecast period. An increase in the development of satellites and rising investments in space missions from countries such as China and India drives the market in the region. Europe will witness significant growth due to the presence of key players such as Airbus S.A.S., Thales Group, and others. In the Rest of the World, increasing satellite deployment for exploration missions drives the market growth.




By Size

  • Small (1-500 kg)

    • Nanosatellite

    • Microsatellite

    • Minisatellite

  • Medium (501-2500 kg)

  • Large (>2500 kg)

By Subsystem

  • Structures and Mechanisms

  • Thermal Control

  • Electric Power System(EPS)

  • Attitude Control System

  • Propulsion

  • Telemetry Tracking and Command (TT&C)

  • Flight Software

By Application

  • Earth Observation & Meteorology

  • Communication

  • Scientific Research & Exploration

  • Surveillance & Security

  • Mapping & Navigation

By Geography

  • North America (The U.S., and Canada)

  • Europe (The U.K., Germany, France, Russia, and Rest of Europe)

  • Asia Pacific (India, China, Japan, South Korea, and Rest of Asia Pacific)

  • Rest of the World ( Latin America, The Middle East, and Africa)

Satellite Bus Market Industry Developments

  • In January 2019, Airbus S.A.S. has signed a contract with Defense Advanced Research Projects Agency (DARPA) to develop a satellite bus in support of the Blackjack program. The Blackjack program is an architecture demonstration intends to show the military utility of global low earth orbit constellations and mesh network of low size, cost, and weight.

  • In March 2018, Orbital ATK launched new version of satellite servicing vehicle. The Mission Robotic Vehicle is a version of the MEV and the Mission Extension Pods is based on Orbital ATK’s ESPASat small satellite bus

Satellite Bus Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019


  • $4850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Aerospace & Defense Clients


Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.