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Satellite Attitude and Orbit Control Systems Market Trends

Report ID: GMI12181 Published Date: November 2024Report Format: PDF
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Satellite Attitude and Orbit Control Systems Market Trends

Satellite constellations are emerging as a key solution for expanding reliable internet and communication services, especially in remote areas. Integrated Attitude Control Systems (IACS) play a crucial role in maintaining precise satellite positioning for effective communication. As internet access becomes recognized as a basic service, increased investment in satellite technologies aims to bridge the global digital divide. For instance, in October 2022, Honeywell announced that Mangata Networks chose its integrated attitude control system for a new 32-satellite constellation. Mangata's new highly elliptical orbit (HEO) and medium Earth orbit (MEO) satellite constellations provide communications and weather monitoring in areas that typically lack in quality internet connectivity.

Author: Suraj Gujar, Partha Paul
Frequently Asked Question(FAQ) :

How big is the satellite attitude and orbit control systems market?+

The global market size for satellite attitude and orbit control systems was valued at approximately USD 2.3 billion in 2023 and is expected to reach around USD 8.2 billion by 2032, driven by a CAGR of 15.6% from 2024 to 2032.

What is the market share of the commercial segment in the satellite attitude and orbit control systems industry?+

The commercial segment accounted for USD 1.7 billion in revenue in 2023 and is expected to grow significantly by 2032, driven by the rising need for satellite-based communication and internet services worldwide.

How much is the North America satellite attitude and orbit control systems market worth?+

The North America market held a 48.5% share in 2023, driven by the surge in low earth orbit (LEO) satellite deployments and increasing demand for satellite-driven services.

Who are the major players in the satellite attitude and orbit control systems industry?+

Major players in the industry include AAC Clyde Space, Jena-Optronik, Bradford Engineering, Airbus, Honeywell, Innovative Solutions in Space, Leonardo, NewSpace Systems, Northrop Grumman, and OHB.

Satellite Attitude and Orbit Control Systems Market Scope

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