Global Military Satellite Market Research Report- Forecast to 2021
Global Military Satellite Market by Types (ISR, Communication, and Navigation), by System (Radar, SATCOM, EO/IS) and by Geography- Forecast To 2021 Market Highlights: Satellite is an artificial object placed manually into orbit to serve various purposes. The functions could be navigation, weather information, civilian and earth observation, and research. The military satellites are used for conventional missions such as intelligence gathering, navigation, and military communications. These are computer-controlled systems that can perform tasks such as thermal control, telemetry, power generation, attitude control, and orbit control. Such data is used for several applications such as agriculture, water resources, urban development, mineral prospecting, environment, forestry, border and maritime security, drought and flood forecasting, ocean resources and disaster management. By 2012, 6,600 satellites had been launched, of which 1,000 were operational. In addition, the UAVs are the next-generation airborne ISR platforms that will be adopted by defense authorities globally. These drones are used in force multipliers, ISR platforms, target recognition, damage assessment, and electronic warfare. They are also equipped with light amplification by stimulated emission of radiation (LASER) and global positioning system (GPS), which aid in ISR missions. Defense authorities around the world are investing in the development and procurement of UAVs to reduce the troop casualties and capital expenditure, and to replace some older and obsolete manned aircraft. In 2014, more than 10,000 different UAVs were in service in the global market. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1253 Major Key Players Some of the key players in the Military Satellite market are Boeing, Israel Aerospace Industries, Raytheon, Thales, Northrop Grumman, Lockheed Martin, GE Aviation, SpaceX and ViaSat. Global Military Satellite Market is expected to grow at a CAGR of around 6% during 2016-2021. Industry/ Innovation/ Related News: March 18, 2017 - Boeing’s ninth Wideband Global SATCOM (WGS) satellite launched into orbit today and will provide the United States and six allied nations with increased communications capabilities to prevent, protect against and respond to attacks. The WGS-9 satellite was funded through an agreement between the United States and Canada, Denmark, Luxembourg, the Netherlands and New Zealand, and will also serve Australia (which funded the WGS-6 satellite). Each partner country gains access to the capabilities provided by the full WGS system, which include flexible and secure communication transmissions in the X- and Ka-band frequencies.