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Satellite Payloads Market Size, Share & Trends Analysis Report By Size (LEO, MEO, GEO), By Application (Communication & Navigation, Remote Sensing, Surveillance), By End Use, By Region, And Segment Forecasts, 2025 - 2030

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    Report

  • 100 Pages
  • January 2025
  • Region: Global
  • Grand View Research
  • ID: 6052172
Description Jump to:
The global satellite payloads market size is expected to reach USD 21.79 billion in 2030 and is expected to expand at a CAGR of 15.0% from 2025 to 2030, owing to Increased government spending in space exploration activities is expected to boost the market growth over the forecast period.

The growing popularity of communication and broadcasting services including pay TV and Over-The-Top (OTT) have led providers to develop advanced payload systems. Moreover, the increased penetration of payloads in the commercial sector is expected to propel the market demand.

The market is expected to witness significant growth as there has been a great rise in the ordering and manufacturing of vast constellations of satellites for earth observation and telecommunication. Incremental improvements in launch operations and vehicle design are enabling a reduction in time for the manufacturing of payloads. Moreover, the evolution of small satellites is leading to the production of smaller payloads to reduce launch costs.

The need for geospatial tracking and positioning in the commercial sector is expected to drive the demand for satellite payloads over the forecast period. The emergence of high throughput satellites has resulted in high data-rate satellite transmission capability, which in turn is creating new opportunities for enhanced applications such as military, navigation, and commercial.

Satellite Payload Market Report Highlights

  • The remote sensing segment is expected to grow at a CAGR of over the forecast period as it is expected to emerge as a viable platform in the agriculture and mining sectors
  • The Low Earth Orbit (LEO) segment is expected to be the fastest-growing segment; this growth can be attributed to its increased demand in earth observation and imaging applications
  • The commercial store segment is expected to grow at the highest CAGR over the forecast period. Growing advancements including channelization, space-based inflatable reflector antenna, multi-beam antenna, and internet routers are expected to propel the demand for commercial satellite payloads.
  • The communication and navigation segment dominated the satellite payloads industry with the largest revenue share in 2024
  • The North America satellite payloads market dominated the overall market with the largest revenue share of 34.6% in 2024, primarily due to its advanced technological infrastructure and significant satellite development and deployment investments.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Satellite Payloads Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Profit Margin Analysis (Industry-level)
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Market Opportunities
3.3.4. Market Challenges
3.4. Industry Analysis Tools
3.4.1. Porter’s Five Forces Analysis
3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Satellite Payloads Market: Size Estimates & Trend Analysis
5.1. Satellite Payloads Market, By Size: Key Takeaways
5.2. Size Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, By Size, 2018 - 2030 (USD Million)
5.3.1. Low Earth Orbit (LEO)
5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.2. Medium Earth Orbit (MEO)
5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.3. Geostationary Earth Orbit (GEO)
5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Satellite Payloads Market: Application Estimates & Trend Analysis
6.1. Satellite Payloads Market, By Application: Key Takeaways
6.2. Application Movement Analysis & Market Share, 2024 & 2030
6.3. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
6.3.1. Communication and Navigation
6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.2. Remote Sensing
6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.3. Surveillance
6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.4. Others
6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 7. Satellite Payloads Market: End Use Estimates & Trend Analysis
7.1. Satellite Payloads Market, By End Use: Key Takeaways
7.2. End Use Movement Analysis & Market Share, 2024 & 2030
7.3. Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
7.3.1. Civil
7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2. Military
7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.3. Commercial
7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 8. Satellite Payloads Market: Regional Estimates & Trend Analysis
8.1. Satellite Payloads Market: Regional Outlook
8.2. Regional Marketplaces: Key Takeaways
8.3. Market Estimates & Forecasts, by region, 2018 - 2030 (USD Million)
8.3.1. North America
8.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.1.2. U.S.
8.3.1.2.1. Key country dynamics
8.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.1.3. Canada
8.3.1.3.1. Key country dynamics
8.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.1.4. Mexico
8.3.1.4.1. Key country dynamics
8.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.2. Europe
8.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.2.2. UK
8.3.2.2.1. Key country dynamics
8.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.2.3. Germany
8.3.2.3.1. Key country dynamics
8.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.2.4. France
8.3.2.4.1. Key country dynamics
8.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.3. Asia Pacific
8.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.3.2. China
8.3.3.2.1. Key country dynamics
8.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.3.3. India
8.3.3.3.1. Key country dynamics
8.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.3.4. Japan
8.3.3.4.1. Key country dynamics
8.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.3.5. Australia
8.3.3.5.1. Key country dynamics
8.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.3.6. South Korea
8.3.3.6.1. Key country dynamics
8.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.4. Latin America
8.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.4.2. Brazil
8.3.4.2.1. Key country dynamics
8.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.5. Middle East & Africa
8.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.5.2. South Africa
8.3.5.2.1. Key country dynamics
8.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.5.3. Saudi Arabia
8.3.5.3.1. Key country dynamics
8.3.5.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.5.4. UAE
8.3.5.4.1. Key country dynamics
8.3.5.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 9. Satellite Payloads Market: Competitive Analysis
9.1. Recent Developments & Impact Analysis, by Key Market Participants
9.2. Company Categorization
9.3. Participant’s Overview
9.4. Financial Performance
9.5. Product Benchmarking
9.6. Company Heat Map Analysis
9.7. Strategy Mapping
9.8. Company Profiles
9.8.1. AIRBUS
9.8.1.1. Company Overview
9.8.1.2. Financial Performance
9.8.1.3. Product Portfolios
9.8.1.4. Strategic Initiatives
9.8.2. Lockheed Martin Corporation
9.8.2.1. Company Overview
9.8.2.2. Financial Performance
9.8.2.3. Product Portfolios
9.8.2.4. Strategic Initiatives
9.8.3. L3Harris Technologies, Inc.
9.8.3.1. Company Overview
9.8.3.2. Financial Performance
9.8.3.3. Product Portfolios
9.8.3.4. Strategic Initiatives
9.8.4. Northrop Grumman
9.8.4.1. Company Overview
9.8.4.2. Financial Performance
9.8.4.3. Product Portfolios
9.8.4.4. Strategic Initiatives
9.8.5. Sierra Nevada Corporation
9.8.5.1. Company Overview
9.8.5.2. Financial Performance
9.8.5.3. Product Portfolios
9.8.5.4. Strategic Initiatives
9.8.6. Boeing
9.8.6.1. Company Overview
9.8.6.2. Financial Performance
9.8.6.3. Product Portfolios
9.8.6.4. Strategic Initiatives
9.8.7. General Dynamics Corporation
9.8.7.1. Company Overview
9.8.7.2. Financial Performance
9.8.7.3. Product Portfolios
9.8.7.4. Strategic Initiatives
9.8.8. Thales Group
9.8.8.1. Company Overview
9.8.8.2. Financial Performance
9.8.8.3. Product Portfolios
9.8.8.4. Strategic Initiatives
9.8.9. Honeywell International, Inc.
9.8.9.1. Company Overview
9.8.9.2. Financial Performance
9.8.9.3. Product Portfolios
9.8.9.4. Strategic Initiatives
9.8.10. MITSUBISHI HEAVY INDUSTRIES, LTD.
9.8.10.1. Company Overview
9.8.10.2. Financial Performance
9.8.10.3. Product Portfolios
9.8.10.4. Strategic Initiatives
List of Tables
Table 1 Global satellite payloads market: Key market driver analysis
Table 2 Global satellite payloads market: Key market restraint analysis
Table 3 Global satellite payloads market estimates & forecast, by region (USD Million)
Table 4 Global satellite payloads market estimates & forecast, by size (USD Million)
Table 5 Global satellite payloads market estimates & forecast, by application (USD Million)
Table 6 Global satellite payloads market estimates & forecast, by end use (USD Million)
Table 7 North America satellite payloads market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 8 North America satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 9 North America satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 10 North America satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 11 U.S. macro-economic outlay
Table 12 U.S. satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 13 U.S. satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 14 U.S. satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 15 Canada macro-economic outlay
Table 16 Canada satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 17 Canada satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 18 Canada satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 19 Mexico macro-economic outlay
Table 20 Mexico satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 21 Mexico satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 22 Mexico satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 23 Europe satellite payloads market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 24 Europe satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 25 Europe satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 26 Europe satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 27 UK macro-economic outlay
Table 28 UK satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 29 UK satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 30 UK satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 31 Germany macro-economic outlay
Table 32 Germany satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 33 Germany satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 34 Germany satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 35 France macro-economic outlay
Table 36 France satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 37 France satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 38 France satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 39 Asia Pacific satellite payloads market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 40 Asia Pacific satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 41 Asia Pacific satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 42 Asia Pacific satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 43 China macro-economic outlay
Table 44 China satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 45 China satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 46 China satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 47 India macro-economic outlay
Table 48 India satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 49 India satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 50 India satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 51 Japan macro-economic outlay
Table 52 Japan satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 53 Japan satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 54 Japan satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 55 Australia macro-economic outlay
Table 56 Australia satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 57 Australia satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 58 Australia satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 59 South Korea macro-economic outlay
Table 60 South Korea satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 61 South Korea satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 62 South Korea satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 63 Latin America satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 64 Latin America satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 65 Latin America satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 66 Brazil macro-economic outlay
Table 67 Brazil satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 68 Brazil satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 69 Brazil satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 70 Middle East & Africa satellite payloads market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 71 Middle East & Africa satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 72 Middle East & Africa satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 73 Middle East & Africa satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 74 South Africa macro-economic outlay
Table 75 South Africa satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 76 South Africa satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 77 South Africa satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 78 Saudi Arabia macro-economic outlay
Table 79 Saudi Arabia satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 80 Saudi Arabia satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 81 Saudi Arabia satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 82 UAE macro-economic outlay
Table 83 UAE satellite payloads market estimates and forecast, by size, 2018 - 2030 (USD Million)
Table 84 UAE satellite payloads market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 85 UAE satellite payloads market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Table 86 Recent developments & impact analysis, by key market participants
Table 87 Company heat map analysis, 2024
Table 88 Companies implementing key strategies
List of Figures
Fig. 1 Satellite payloads market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Segment snapshot
Fig. 8 Regional snapshot
Fig. 9 Competitive landscape snapshot
Fig. 10 Global parent industry and satellite payloads size (USD Million)
Fig. 11 Global satellite payloads size, 2018 to 2030 (USD Million)
Fig. 12 Satellite payloads market: Penetration & growth prospect mapping
Fig. 13 Satellite payloads market: Value chain analysis
Fig. 14 Satellite payloads market: Dynamics
Fig. 15 Satellite payloads market: Porter’s five forces analysis
Fig. 16 Satellite payloads market estimates & forecast, by size (USD Million)
Fig. 17 Low earth orbit (LEO) estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 18 Medium earth orbit (MEO) estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 19 Geostationary earth orbit (GEO) estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 20 Satellite payloads market estimates & forecasts, by application (USD Million)
Fig. 21 Communication and navigation estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 22 Remote sensing estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 23 Surveillance estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 24 Others market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 25 Satellite payloads market estimates & forecasts, by end use (USD Million)
Fig. 26 Satellite payloads market estimates & forecasts for civil, 2018 - 2030 (USD Million)
Fig. 27 Satellite payloads market estimates & forecasts for military, 2018 - 2030 (USD Million)
Fig. 28 Satellite payloads market estimates & forecasts for commercial, 2018 - 2030 (USD Million)
Fig. 29 Satellite payloads market: Regional outlook, 2024 & 2030 (USD Million)
Fig. 30 Regional marketplace: Key takeaways
Fig. 31 North America satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 32 U.S. satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 33 Canada satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 34 Mexico satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 35 Europe satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 36 Germany satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 37 UK satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 38 France satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 39 Asia Pacific satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 40 China satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 41 India satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 42 Japan satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 43 Australia satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 44 South Korea satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 45 Latin America satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 46 Brazil satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 47 Middle East & Africa satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 48 South Africa satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 49 Saudi Arabia satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 50 UAE satellite payloads market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 51 Key company categorization
Fig. 52 Strategic framework of satellite payloads

Companies Mentioned

  • AIRBUS
  • Lockheed Martin Corporation
  • L3Harris Technologies, Inc.
  • Northrop Grumman
  • Sierra Nevada Corporation
  • Boeing
  • General Dynamics Corporation
  • Thales Group
  • Honeywell International, Inc.
  • MITSUBISHI HEAVY INDUSTRIES, LTD.

Methodology

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Table Information

Report AttributeDetails
No. of Pages100
PublishedJanuary 2025
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 8.95 Billion
Forecasted Market Value ( USD ) by 2030 $ 21.79 Billion
Compound Annual Growth Rate15.0%
Regions CoveredGlobal
No. of Companies Mentioned10

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