BIS Research - Emerging Technology Market Intelligence

Launch System Payload Market – Strategies Adopted by the Keys Players in the Market

Jan 11, 2019 12:16:21 PM / by BIS Research posted in Aerospace defense, launch payload market, launch system market, Launch System Payload Industry, Launch System Payload Market, Launch System Payload Market Research, Launch System Payload Market Share, Launch System Payload Market Size, Launch System Payload Market Study, small satellite launch market

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Over the years the global space economy has been growing at a robust pace owing to the rise in demand for satellite-based connectivity for applications such as remote sensing, navigation, earth observation, and communication, among others. As per Federal Aviation Administration (FAA), 76% revenue of the global space economy constituted of services, such as broadband communications, ground equipment manufacturing & sales, remote sensing, and television and launch services. The remaining 24% is associated with government space program and commercial human spaceflight.

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Small Satellites Market Taking Over the Aerospace Industry

Jan 10, 2018 3:15:41 AM / by BIS Research posted in Aerospace defense, Global Small Satellites Market, small satellite industry trends, small satellite launch market forecast, Small Satellite Market Forecast, small satellite launch market, Small satellite market growth

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Small satellites have become a phenomenon across the global aerospace industry with every country launching multiple satellites at a time. The last few years have witnessed a sudden rise in the number of companies entering the satellite industry due to the revolutionary invention of small satellites which has reduced the manufacturing cost significantly. These small satellites are much less heavy and as efficient as the heavier satellites that serve governmental agencies or public sector industries. This invention has opened up a plethora of opportunities for transformative science, pushing the limits of space exploration through innovative technologies.

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