The “Satellite Command and Control System Market – A Global and Regional Analysis: Focus on Application, End User, Solution, Satellite Mass, Frequency Band, Orbit and Country – Analysis and Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s offering.
The global satellite command and control system market is estimated to reach $32.15 billion in 2031, at a compound annual growth rate (CAGR) of 4.32% during the forecast period 2021-2031.
The major driving factor for the market’s robustness is the need to monitor and maintain the growing number of satellites launched.
Market Growth Drivers
Rising Number of Launches of Small Satellites
Rising Usage of Commercial Off-the-Shelf (COTS) Component
Potential Cyber Attacks on Satellites
Component Miniaturization Enabling Development of Low-Cost Small Satellites
Key Companies Profiled
Airbus S.A.S, BALL CORPORATION, GMV, Honeywell International Inc., Israel Aerospace Industries (IAI), Indra, Kratos Defense & Security Solutions, Inc., Lockheed Martin Corporation, L3Harris Technologies, Inc., Mitsubishi Electric Corporation, NanoAvionics, Northrop Grumman, NewSpace Systems, Raytheon Technologies Corporation, TERMA. Globe Newswire