Military Satellite - Global Strategic Business Report

The global market for Military Satellite was valued at US$15.5 Billion in 2024 and is projected to reach US$20.6 Billion by 2030, growing at a CAGR of 4.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Military Satellite market.

Global Military Satellite Market - Key Trends & Drivers Summarized

Why Are Military Satellites a Strategic Asset for Defense Operations?

Military satellites play a crucial role in national security, providing defense forces with critical capabilities in surveillance, communication, and navigation. These satellites enable intelligence gathering, early threat detection, and secure data transmission, enhancing strategic decision-making for military operations. With global defense budgets increasing and geopolitical tensions rising, nations are ramping up investments in space-based defense technologies to maintain tactical superiority. Additionally, the proliferation of cyber warfare and electronic countermeasures has necessitated the deployment of advanced military satellites with enhanced security protocols and anti-jamming features.

How Are Technological Advancements Transforming Military Satellites?

The integration of artificial intelligence (AI) and machine learning (ML) in military satellites is revolutionizing data processing, enabling real-time threat analysis and predictive intelligence. Additionally, advancements in miniaturization have led to the development of small satellites (smallsats) and constellations, offering cost-effective and flexible solutions for space-based military operations. Hyperspectral imaging, enhanced synthetic aperture radar (SAR), and laser communication technology are further improving the precision and reliability of satellite-based intelligence. Moreover, the adoption of reusable launch systems and advancements in satellite propulsion are reducing deployment costs and extending satellite lifespans.

What Market Trends Are Driving the Demand for Military Satellites?

The rising demand for secure, high-speed satellite communication networks is fueling investments in military satellite infrastructure. With an increasing reliance on real-time battlefield data and autonomous defense systems, military agencies are prioritizing the development of next-generation satellite technologies. Additionally, the emergence of space-based missile defense systems and anti-satellite (ASAT) capabilities has prompted governments to enhance their satellite resilience against potential threats. The growing collaboration between defense organizations and private aerospace companies is also accelerating the development of advanced military satellite programs.

The Growth in the Military Satellite Market Is Driven by Several Factors

A key driver is the increasing emphasis on space-based defense capabilities, with military forces relying on satellites for reconnaissance, surveillance, and secure communication. The expansion of network-centric warfare and the need for real-time intelligence gathering are further driving investments in high-resolution imaging and AI-powered data analytics for satellite operations. Additionally, the miniaturization of satellite components and the adoption of low Earth orbit (LEO) satellite constellations are enabling cost-effective and scalable defense solutions. The integration of quantum encryption and advanced cybersecurity measures to protect military satellite networks is also fueling market growth.

Report Scope

The report analyzes the Military Satellite market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.

Segments: Component (Propulsion Hardware & Propellant, Satellite Bus & Subsystems, Solar Array & Power Hardware, Other Components); Orbit Class (Low Earth Orbit (LEO) Class, Geostationary Earth Orbit (GEO) Class, Medium Earth Orbit (MEO) Class); Application (Intelligence, Surveillance, and Reconnaissance (ISR) Application; Communication Application; Navigation Application).

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Propulsion Hardware & Propellant segment, which is expected to reach US$12.4 Billion by 2030 with a CAGR of a 5.3%. The Satellite Bus & Subsystems segment is also set to grow at 4.7% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $4.2 Billion in 2024, and China, forecasted to grow at an impressive 8.1% CAGR to reach $4.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Military Satellite Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Military Satellite Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Military Satellite Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Airbus SE, BAE Systems plc, General Dynamics Mission Systems, Inc., Israel Aerospace Industries (IAI), Kratos Defense & Security Solutions, Inc. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 86 companies featured in this Military Satellite market report include:

• Airbus SE
• BAE Systems plc
• General Dynamics Mission Systems, Inc.
• Israel Aerospace Industries (IAI)
• Kratos Defense & Security Solutions, Inc.
• L3Harris Technologies, Inc.
• Lockheed Martin Corporation
• Maxar Technologies Inc.
• Mitsubishi Electric Corporation
• Northrop Grumman Corporation
• RTX Corporation
• Singapore Technologies Engineering Ltd (ST Engineering)
• Thales Group
• The Boeing Company
• Viasat, Inc.

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What’s Included in This Edition:

• Tariff-adjusted market forecasts by region and segment
• Analysis of cost and supply chain implications by sourcing and trade exposure
• Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

• Finalized tariff impacts and new trade agreement effects
• Updated projections reflecting global sourcing and cost shifts
• Expanded country-specific coverage across the industry