Table of Content

1 INTRODUCTION 45
1.1 STUDY OBJECTIVES 45
1.2 MARKET DEFINITION 45
1.2.1 INCLUSIONS & EXCLUSIONS 46
1.2.2 MARKETS COVERED 46
FIGURE 1 SATELLITE PAYLOAD MARKET SEGMENTATION 46
1.2.3 REGIONAL SCOPE 47
1.2.4 YEARS CONSIDERED 47
1.3 CURRENCY & PRICING 48
1.4 USD EXCHANGE RATES 48
1.5 LIMITATIONS 48
1.6 STAKEHOLDERS 49
1.7 SUMMARY OF CHANGES 49

2 RESEARCH METHODOLOGY 50
2.1 RESEARCH DATA 50
FIGURE 2 REPORT PROCESS FLOW 50
FIGURE 3 SATELLITE PAYLOAD MARKET: RESEARCH DESIGN 51
2.1.1 SECONDARY DATA 52
2.1.1.1 Key data from secondary sources 52
2.1.2 PRIMARY DATA 53
2.1.2.1 Key data from primary sources 53
2.1.2.2 Key primary respondents 53
2.1.2.3 Breakdown of primaries 54
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 54
2.1.2.4 Key insights from primary sources 54
2.2 FACTOR ANALYSIS 55
2.2.1 INTRODUCTION 55
2.2.2 DEMAND-SIDE INDICATORS 55
2.3 MARKET DEFINITION & SCOPE 55
2.4 MARKET SIZE ESTIMATION & METHODOLOGY 56
2.4.1 BOTTOM-UP APPROACH 56
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 57
2.4.1.1 COVID-19 impact on market analysis 57
2.4.2 TOP-DOWN APPROACH 57
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 58
2.5 DATA TRIANGULATION 58
FIGURE 7 DATA TRIANGULATION 59
2.6 RESEARCH ASSUMPTIONS 60
FIGURE 8 ASSUMPTIONS FOR RESEARCH STUDY ON SATELLITE PAYLOAD MARKET 60
2.7 LIMITATIONS/GREY AREAS 61
2.8 RISKS 61

3 EXECUTIVE SUMMARY 62
FIGURE 9 COMMUNICATION PAYLOADS TO EXHIBIT HIGHEST CAGR IN SATELLITE PAYLOAD MARKET, BY TYPE, DURING FORECAST MARKET 63
FIGURE 10 LEO SEGMENT PROJECTED TO LEAD SATELLITE PAYLOAD MARKET DURING FORECAST PERIOD 63
FIGURE 11 COMMERCIAL SEGMENT PROJECTED TO DOMINATE SATELLITE PAYLOAD MARKET DURING FORECAST PERIOD 64
FIGURE 12 KU-BAND SATELLITE PAYLOADS PROJECTED TO LEAD MARKET FROM
2021 TO 2026 64
FIGURE 13 NORTH AMERICA TO COMMAND SATELLITE PAYLOAD MARKET IN
2021 65

4 PREMIUM INSIGHTS 66
4.1 ATTRACTIVE OPPORTUNITIES IN SATELLITE PAYLOAD MARKET 66
FIGURE 14 INCREASED LAUNCHES OF SMALL SATELLITES TO DRIVE MARKET GROWTH 66
4.2 SATELLITE PAYLOAD MARKET, BY APPLICATION 66
FIGURE 15 COMMUNICATION APPLICATION EXPECTED TO ACCOUNT FOR LARGEST SHARE OF SATELLITE PAYLOAD MARKET IN 2021 66
4.3 SATELLITE PAYLOAD MARKET, BY FREQUENCY 67
FIGURE 16 KU-BAND PROJECTED TO DOMINATED SATELLITE PAYLOAD MARKET, BASED ON FREQUENCY, FROM 2021 TO 2026 67
4.4 SATELLITE PAYLOAD MARKET FOR SMALL SATELLITES, BY TYPE 67
FIGURE 17 MINISATELLITES PROJECTED TO ACCOUNT FOR LARGEST SHARE OF SATELLITE PAYLOAD MARKET FROM 2021 TO 2026 67
4.5 SATELLITE PAYLOAD MARKET, BY COUNTRY 68
FIGURE 18 SATELLITE PAYLOAD MARKET IN US TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 68

5 MARKET OVERVIEW 69
5.1 INTRODUCTION 69
5.2 MARKET DYNAMICS 69
FIGURE 19 MARKET DYNAMICS 69
5.2.1 DRIVERS 70
5.2.1.1 Increasing demand for LEO-based satellite payloads 70
TABLE 1 SATELLITE LAUNCH VOLUME, BY KEY OPERATOR/OWNER, 2019 TO 2025 70
5.2.1.2 Rising demand for earth observation imagery payloads 70
5.2.1.3 Growing demand for commercial-off-the-shelf (COTS) components for CubeSat payloads 71
FIGURE 20 NUMBER OF CUBESATS LAUNCHED FROM 2014 TO 2018 71
5.2.1.4 Emerging adoption of SDRs in communication satellites 71
5.2.1.5 Escalating demand for reconfigurable SDS 72
5.2.1.6 Booming investments by venture capitalists in space exploration missions 72
5.2.2 OPPORTUNITIES 73
5.2.2.1 Rising demand for optical communication payload 73
5.2.2.2 Increasing use of hosted payloads 73
5.2.2.3 Growing adoption of SDR payload technology in space missions 74
5.2.2.4 Growing investments by several governments in space technology 74
5.2.2.5 Escalating utilization of small satellite payloads in many application areas 74
FIGURE 21 SMALL SATELLITE LAUNCHES (2015–2020) 75
5.2.3 CHALLENGES 75
5.2.3.1 Growing concerns over space debris 75
5.2.4 RESTRAINTS 76
5.2.4.1 Stringent government policies related to satellite launches 76
5.3 AVERAGE SELLING PRICES OF SATELLITES 76
TABLE 2 PRICING RANGE FOR SATELLITES 76
TABLE 3 PRICING RANGE FOR SATELLITE SUBSYSTEMS 77
TABLE 4 PRICING RANGE FOR CUBESATS 77
TABLE 5 PRICING RANGE FOR CUBESAT SUBSYSTEMS 77
5.4 IMPACT OF COVID-19 ON SATELLITE PAYLOAD MARKET 78
FIGURE 22 IMPACT OF COVID-19 ON SATELLITE PAYLOAD MARKET 79
5.4.1 DEMAND-SIDE IMPACTS 80
5.4.1.1 Key developments from January 2020 to December 2020 80
TABLE 6 KEY DEVELOPMENTS IN SATELLITE PAYLOAD MARKET, JANUARY 2020 TO DECEMBER 2020 (DEMAND-SIDE IMPACTS) 80
5.4.2 SUPPLY-SIDE IMPACT 81
5.4.2.1 Key developments from January 2020 to December 2020 81
TABLE 7 KEY DEVELOPMENTS IN SATELLITE PAYLOAD MARKET, JANUARY 2020 TO DECEMBER 2020 (SUPPLY-SIDE IMPACT) 81
5.5 RANGES AND SCENARIOS 82
FIGURE 23 DEPENDING ON HOW UNCERTAINTIES UNFOLD, A SPECTRUM OF SCENARIOS FOR SATELLITE PAYLOAD MARKET – 2026 82
5.6 TRENDS/BUSINESS IMPACTING CUSTOMER BUSINESS 83
5.6.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR SATELLITE PAYLOAD MANUFACTURERS 83
FIGURE 24 REVENUE SHIFT IN SATELLITE PAYLOAD MARKET 83
5.7 SATELLITE PAYLOAD MARKET ECOSYSTEM 83
5.7.1 PROMINENT COMPANIES 83
5.7.2 PRIVATE AND SMALL ENTERPRISES 84
5.7.3 END USERS 84
FIGURE 25 MARKET ECOSYSTEM MAP: SATELLITE PAYLOAD MARKET 84
TABLE 8 SATELLITE PAYLOAD MARKET ECOSYSTEM 85
5.8 VALUE CHAIN ANALYSIS 85
FIGURE 26 VALUE CHAIN ANALYSIS FOR SATELLITE PAYLOAD MARKET 87
5.9 PORTER’S FIVE FORCES ANALYSIS 87
TABLE 9 SATELLITE PAYLOAD MARKET: PORTER’S FIVE FORCE ANALYSIS 87
5.9.1 THREAT OF NEW ENTRANTS 87
5.9.2 THREAT OF SUBSTITUTES 88
5.9.3 BARGAINING POWER OF SUPPLIERS 88
5.9.4 BARGAINING POWER OF BUYERS 88
5.9.5 DEGREE OF COMPETITION 89
5.10 TARIFF AND REGULATORY LANDSCAPE 89
5.10.1 NORTH AMERICA 89
5.10.2 EUROPE 89
5.10.3 ASIA PACIFIC 90
5.10.4 MIDDLE EAST 91
5.11 COUNTRY-WISE IMPORTS, 2017–2019 (USD THOUSAND) 91
5.12 COUNTRY-WISE EXPORTS, 2017–2019 (USD THOUSAND) 92

6 INDUSTRY TRENDS 93
6.1 INTRODUCTION 93
6.2 TECHNOLOGICAL TRENDS 93
6.2.1 SOFTWARE ON QUANTUM SATELLITE PLATFORM 93
6.2.2 MINIATURIZATION IN SPACE TECHNOLOGY 94
6.2.3 USE OF HOSTED PAYLOAD STRATEGIES 94
6.2.4 RIDESHARE LAUNCHES (SECONDARY PAYLOAD) FOR SMALL SATELLITES 95
6.2.5 USE OF SMALL SATELLITE PAYLOADS TO PROVIDE ENHANCED SPACE IMAGERY 95
6.2.6 STATE-OF-THE-ART SMALL SATELLITE & CUBESAT TECHNOLOGIES 96
6.3 TECHNOLOGY ANALYSIS 97
6.3.1 FIELD PROGRAMMABLE GATE ARRAY TECHNOLOGY 97
6.3.2 ANALOG-TO-DIGITAL CONVERTER AND DIGITAL-TO-ANALOG CONVERTERS 97
6.3.3 DIGITAL SIGNAL PROCESSORS 98
6.4 IMPACT OF MEGATRENDS 98
6.4.1 NEXT-GENERATION LASER SENSOR PAYLOADS TO ASSIST IN LANDING ON MOON AND MARS 98
6.4.2 DEVELOPMENT OF NEW-GENERATION CUBESATS FOR LUNAR EXPLORATION 99
6.4.3 COGNITIVE RADIO (SDR-CR) TECHNOLOGY 99
6.5 USE CASES 100
6.5.1 USE CASE: NEXT-GENERATION SOFTWARE-DEFINED SATELLITES 100
6.5.2 USE CASE: EUTELSAT QUANTUM - NEW-GENERATION COMMUNICATION SATELLITE 100
6.5.3 USE CASE: SATELLITE RADIATION HARDNESS TEST 100
6.6 PATENT ANALYSIS 101
TABLE 10 INNOVATIONS & PATENT REGISTRATIONS, 2012–2017 101

7 SATELLITE PAYLOAD MARKET, BY TYPE 103
7.1 INTRODUCTION 104
TABLE 11 SATELLITE PAYLOAD MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION) 104
TABLE 12 SATELLITE PAYLOAD MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 105
7.2 COMMUNICATION 105
TABLE 13 COMMUNICATION SATELLITE PAYLOAD MARKET SIZE, BY TYPE,
2018–2020 (USD MILLION) 105
TABLE 14 COMMUNICATION SATELLITE PAYLOAD MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 106
TABLE 15 COMMUNICATION SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2018–2020 (USD MILLION) 106
TABLE 16 COMMUNICATION SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 106
7.2.1 LASER/OPTICAL COMMUNICATION 107
7.2.1.1 High adoption of laser-based payloads in commercial and defense applications 107
7.2.2 TRADITIONAL COMMUNICATION 107
7.2.2.1 Significant use of RF systems in traditional communication systems 107
7.3 IMAGERY 108
TABLE 17 IMAGERY SATELLITE PAYLOAD MARKET SIZE, BY TYPE,
2018–2020 (USD MILLION) 108
TABLE 18 IMAGERY SATELLITE PAYLOAD MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 108
TABLE 19 IMAGERY SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2018–2020 (USD MILLION) 108
TABLE 20 IMAGERY SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 109
7.3.1 HYPERSPECTRAL AND MULTISPECTRAL IMAGER 109
7.3.1.1 Growing requirement for high-quality remote sensing 109
7.3.2 OPTICAL CAMERAS 110
7.3.2.1 Surging demand for high-quality images in military intelligence applications 110
7.3.3 THERMAL/IR 110
7.3.3.1 Rising need to monitor and model environmental aspects 110
7.4 NAVIGATION 110
7.4.1 ELEVATING DEMAND FOR GPS III 110
TABLE 21 NAVIGATION SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2018–2020 (USD MILLION) 111
TABLE 22 NAVIGATION SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 111
7.5 RADAR 111
7.5.1 GROWING REQUIREMENT FOR PRECISE INFORMATION RELATED TO EARTH 111
TABLE 23 RADAR SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2018–2020 (USD MILLION) 112
TABLE 24 RADAR SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 112
7.6 SOFTWARE-DEFINED PAYLOAD 113
7.6.1 INCREASING NEED FOR FLEXIBLE PAYLOADS TO ALTER SPACE MISSIONS 113
TABLE 25 SOFTWARE-DEFINED PAYLOAD SATELLITE PAYLOAD MARKET SIZE,
BY REGION, 2018–2020 (USD MILLION) 113
TABLE 26 SOFTWARE-DEFINED PAYLOAD SATELLITE PAYLOAD MARKET SIZE,
BY REGION, 2021–2026 (USD MILLION) 113
7.7 AUTOMATIC IDENTIFICATION SYSTEM (AIS) 114
7.7.1 GROWING INVOLVEMENT OF UNIVERSITIES DEVELOPING MICRO-SATELLITES 114
TABLE 27 AUTOMATIC IDENTIFICATION SYSTEM (AIS) SATELLITE PAYLOAD MARKET SIZE, BY REGION, 2018–2020 (USD MILLION) 114
TABLE 28 AUTOMATIC IDENTIFICATION SYSTEM (AIS) SATELLITE PAYLOAD MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 114
7.8 SCIENTIFIC/TECHNICAL 115
7.8.1 INCREASING USE OF SCIENTIFIC PAYLOADS IN CUBESATS AND SMALL SATELLITES 115
TABLE 29 SCIENTIFIC/TECHNICAL SATELLITE PAYLOAD MARKET SIZE, BY REGION, 2018–2020 (USD MILLION) 115
TABLE 30 SCIENTIFIC/TECHNICAL SATELLITE PAYLOAD MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 115

8 SATELLITE PAYLOAD MARKET, BY SATELLITE 116
8.1 INTRODUCTION 117
FIGURE 27 SMALL SATELLITE SEGMENT PROJECTED TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 117
TABLE 31 SATELLITE PAYLOAD MARKET SIZE, BY SATELLITE,
2018–2020 (USD MILLION) 117
TABLE 32 SATELLITE PAYLOAD MARKET SIZE, BY SATELLITE,
2021–2026 (USD MILLION) 118
8.2 CUBESATS (0.27–25 U) 118
8.2.1 GROWING USE OF CUBESATS IN DEEP SPACE APPLICATIONS 118
TABLE 33 CUBESAT PAYLOAD MARKET SIZE, BY REGION, 2018–2020 (USD MILLION) 119
TABLE 34 CUBESAT PAYLOAD MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 119
8.3 SMALL SATELLITES (1–500 KG) 119
TABLE 35 SMALL SATELLITE PAYLOAD MARKET SIZE, BY TYPE,
2018–2020 (USD MILLION) 120
TABLE 36 SMALL SATELLITE PAYLOAD MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 120
TABLE 37 SMALL SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2018–2020 (USD MILLION) 120
TABLE 38 SMALL SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 121
8.3.1 NANOSATELLITES 121
8.3.1.1 Escalated demand for miniature satellites in space applications 121
8.3.2 MICROSATELLITES 121
8.3.2.1 Increased use of microsatellites in complex space missions for remote sensing and navigation applications 121
8.3.3 MINISATELLITES 122
8.3.3.1 Wide use of minisatellites in earth observation and broadband internet applications 122
8.3.4 OTHERS 122
8.4 MEDIUM SATELLITES (500-2,500 KG) 123
8.4.1 GROWING NUMBER OF LAUNCHES OF MEDIUM SATELLITES IN SCIENTIFIC RESEARCH AND EXPLORATION ACTIVITIES 123
TABLE 39 MEDIUM SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2018–2020 (USD MILLION) 123
TABLE 40 MEDIUM SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 123
8.5 LARGE SATELLITES (>2,500 KG) 124
8.5.1 INCREASING NUMBER OF RELEASE OF LARGE SATELLITES FOR SCIENTIFIC MISSIONS 124
TABLE 41 LARGE SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2018–2020 (USD MILLION) 124
TABLE 42 LARGE SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 125

9 SATELLITE PAYLOAD MARKET, BY APPLICATION 126
9.1 INTRODUCTION 127
FIGURE 28 COMMUNICATION SEGMENT EXPECTED TO RECORD HIGHEST CAGR IN SATELLITE PAYLOAD MARKET DURING FORECAST PERIOD 127
TABLE 43 SATELLITE PAYLOAD MARKET SIZE, BY APPLICATION,
2018–2020 (USD MILLION) 128
TABLE 44 SATELLITE PAYLOAD MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 128
9.2 COMMUNICATION 129
9.2.1 INCREASED ADOPTION OF LASER-BASED PAYLOADS 129
9.3 EARTH OBSERVATION AND REMOTE SENSING 129
9.3.1 SIGNIFICANT ADVANCEMENTS IN GEOSPATIAL IMAGERY ANALYTICS WITH INTRODUCTION OF AI AND BIG DATA ANALYTICS 129
9.4 MAPPING AND NAVIGATION 130
9.4.1 DEMAND FOR MAPPING AND NAVIGATION SATELLITES DRIVING THE MARKET 130
9.5 SURVEILLANCE AND SECURITY 131
9.5.1 ESCALATED NEED TO DEVELOP LOW-COST SATELLITES TO EXPLORE TACTICAL UTILITY OF SPACE INTELLIGENCE AND RECONNAISSANCE 131
9.6 METEOROLOGY 131
9.6.1 INCREASING DEMAND FOR ADVANCED IMAGING TECHNOLOGIES DRIVING THE MARKET 131
9.7 SCIENTIFIC RESEARCH AND EXPLORATION 132
9.7.1 RAPID MINIATURIZATION OF PAYLOADS FACILITATES USE OF SATELLITES FOR NEW SPACE SCIENCE MISSIONS 132
9.8 SPACE OBSERVATION 132
9.8.1 INCREASED USE OF SATELLITE PAYLOADS FOR SPACE OBSERVATION DUE TO THEIR COST-EFFECTIVENESS THAT BRINGS DOWN ENTIRE SPACE MISSION COST AND BUDGET 132
9.9 EXPLORATION OF OUTER PLANETS 133
9.9.1 SURGED ADOPTION OF SMALL SATELLITE PAYLOADS FOR MOON AND MARS EXPLORATION MISSIONS 133

10 SATELLITE PAYLOAD MARKET, BY END USER 134
10.1 INTRODUCTION 135
FIGURE 29 COMMERCIAL SEGMENT TO LEAD SATELLITE PAYLOAD MARKET DURING FORECAST PERIOD 135
TABLE 45 SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2018–2020 (USD MILLION) 135
TABLE 46 SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2021–2026 (USD MILLION) 135
10.2 COMMERCIAL 136
TABLE 47 COMMERCIAL: SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2018–2020 (USD MILLION) 136
TABLE 48 COMMERCIAL: SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2021–2026 (USD MILLION) 137
TABLE 49 COMMERCIAL: SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2018–2020 (USD MILLION) 137
TABLE 50 COMMERCIAL: SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 137
10.2.1 SATELLITE OPERATORS/OWNERS 138
10.2.1.1 Huge investments from private players in space research and satellite communication services 138
10.2.2 SCIENTIFIC RESEARCH & DEVELOPMENT 138
10.2.2.1 Endless prospects in space research 138
10.2.3 MEDIA & ENTERTAINMENT 138
10.2.3.1 High demand for fast broadband connectivity for entertainment and video streaming applications 138
10.2.4 TRANSPORTATION & LOGISTICS 139
10.2.4.1 Substantial use of GPS-based navigation in transportation and logistics mapping 139
10.2.5 ENERGY INDUSTRY 139
10.2.5.1 Accelerated need to monitor structural integrity of nuclear power stations 139
10.2.6 OTHERS 139
10.3 GOVERNMENT AND DEFENSE 140
TABLE 51 GOVERNMENT AND DEFENSE: SATELLITE PAYLOAD MARKET SIZE,
BY END USER, 2018–2020 (USD MILLION) 140
TABLE 52 GOVERNMENT AND DEFENSE: SATELLITE PAYLOAD MARKET SIZE,
BY END USER, 2021–2026 (USD MILLION) 141
TABLE 53 GOVERNMENT AND DEFENSE: SATELLITE PAYLOAD MARKET SIZE,
BY REGION, 2018–2020 (USD MILLION) 141
TABLE 54 GOVERNMENT AND DEFENSE: SATELLITE PAYLOAD MARKET SIZE,
BY REGION, 2021–2026 (USD MILLION) 141
10.3.1 NATIONAL SPACE AGENCIES 142
10.3.1.1 Growing use of satellite payloads for efficient earth observation and remote sensing applications 142
10.3.2 DEPARTMENTS OF DEFENSE & INTELLIGENCE AGENCIES 142
10.3.2.1 Increasing demand for real-time data and imaging 142
10.3.3 SEARCH AND RESCUE ENTITIES 142
10.3.3.1 Rising focus on using satellite payloads in earth observation for search and rescue operations 142
10.3.4 ACADEMIC & RESEARCH INSTITUTIONS 143
10.3.4.1 Increasing support from governments to train students to develop satellite payloads 143
10.3.5 NATIONAL MAPPING & TOPOGRAPHIC AGENCIES 143
10.3.5.1 Growing investments in satellite payloads to improve GPS-based navigation 143
10.3.6 DEPARTMENTS OF ENVIRONMENT & AGRICULTURE 143
10.3.6.1 Rising focus on avoiding natural calamities by using satellites that monitor remove environments 143
10.4 DUAL USERS (COMMERCIAL, GOVERNMENT AND DEFENSE) 144
10.4.1 INCREASE IN LAUNCH OF SATELLITES FOR BETTER CONNECTIVITY AND PROVISION OF HIGH-SPEED DATA 144

11 SATELLITE PAYLOAD MARKET, BY ORBIT 145
11.1 INTRODUCTION 146
FIGURE 30 LEO TO COMMAND SATELLITE PAYLOAD MARKET FROM 2021 TO 2026 146
TABLE 55 SATELLITE PAYLOAD MARKET SIZE, BY ORBIT, 2018–2020 (USD MILLION) 146
TABLE 56 SATELLITE PAYLOAD MARKET SIZE, BY ORBIT, 2021–2026 (USD MILLION) 147
11.2 LOW EARTH ORBIT (LEO) 147
11.2.1 ACCELERATING DEMAND FOR LEO CONSTELLATION SATELLITES DEVELOPED BY SPACEX AND ONEWEB 147
TABLE 57 LEO: SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2018–2020 (USD MILLION) 148
TABLE 58 LEO: SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2018–2020 (USD MILLION) 148
11.3 MEDIUM EARTH ORBIT (MEO) 148
11.3.1 INCREASING DEMAND FOR SATELLITE SERVICES FOR TELECOMMUNICATIONS, ENTERTAINMENT, & MOBILE BROADBAND APPLICATIONS 148
TABLE 59 MEO SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2018–2020 (USD MILLION) 149
TABLE 60 MEO SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 149
11.4 GEOSTATIONARY EARTH ORBIT (GEO) 149
11.4.1 ESCALATING DEMAND FOR PAYLOADS WITH LONG LIFE EXPECTANCY 149
TABLE 61 GEO SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2018–2020 (USD MILLION) 150
TABLE 62 GEO SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 150
11.5 BEYOND GEOSYNCHRONOUS ORBIT 150
11.5.1 ONGOING TECHNOLOGICAL ADVANCES TO BOOST FUTURE DEEP-SPACE EXPLORATION ACTIVITIES 150
TABLE 63 BEYOND GEO SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2018–2020 (USD MILLION) 151
TABLE 64 BEYOND GEO SATELLITE PAYLOAD MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 151

12 SATELLITE PAYLOAD MARKET, BY FREQUENCY 152
12.1 INTRODUCTION 153
FIGURE 31 KU-BAND SEGMENT TO ACCOUNT FOR LARGEST SIZE OF SATELLITE PAYLOAD MARKET THROUGHOUT FORECAST PERIOD 153
TABLE 65 SATELLITE PAYLOAD MARKET SIZE, BY FREQUENCY,
2018–2020 (USD MILLION) 153
TABLE 66 SATELLITE PAYLOAD MARKET SIZE, BY FREQUENCY,
2021–2026 (USD MILLION) 154
12.2 S-BAND 154
12.2.1 IMPROVED COMPATIBILITY OF LOW DRAG AND LIGHTWEIGHT S-BAND ANTENNAS FOR SPACE OPERATIONS 154
12.3 L-BAND 154
12.3.1 EXTENSIVE USE OF L-BAND IN DATA COMMUNICATIONS AND TRAFFIC INFORMATION APPLICATIONS 154
12.4 C-BAND 155
12.4.1 INCREASED NEED FOR C-BAND FREQUENCY FOR SATELLITE COMMUNICATION SYSTEMS 155
12.5 X-BAND 155
12.5.1 ESCALATED USE OF X-BAND PROVIDING HIGH-THROUGHPUT COMMUNICATION FROM SPACECRAFT TO GROUND STATIONS 155
12.6 KU-BAND 155
12.7 KA-BAND 156
12.7.1 ACCELERATED REQUIREMENT FOR KA-BAND ANTENNAS IN HIGH-BANDWIDTH COMMUNICATION APPLICATIONS 156
12.8 Q/V-BAND 156
12.8.1 ELEVATED USE OF Q/V-BAND ANTENNAS TO REDUCE SIGNAL FADING AT HIGH-FREQUENCY BANDS 156
12.9 VHF/UHF-BAND 156
12.9.1 LARGE-SCALE USE OF VHF/UHF-BAND ANTENNAS IN CUBESATS FOR COMMUNICATION APPLICATIONS 156
12.10 SHF/EHF-BAND 157
12.10.1 CONSIDERABLE UTILIZATION OF SHF/EHF-BAND ANTENNAS IN SATELLITE COMMUNICATION APPLICATION 157

13 REGIONAL ANALYSIS 158
13.1 INTRODUCTION 159
FIGURE 32 REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS IMPACTING SATELLITE PAYLOAD MARKET GROWTH FROM 2018 TO 2026 159
FIGURE 33 NORTH AMERICA TO LEAD SATELLITE PAYLOAD MARKET
FROM 2021 TO 2026 160
TABLE 67 SATELLITE PAYLOAD MARKET IN TERMS OF VOLUME,
BY REGION, 2018–2026 (UNITS) 160
TABLE 68 SATELLITE PAYLOAD MARKET SIZE, BY REGION, 2018–2020 (USD MILLION) 160
TABLE 69 SATELLITE PAYLOAD MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 161
13.2 NORTH AMERICA 161
13.2.1 COVID-19 IMPACT ON NORTH AMERICA 161
13.2.2 PESTLE ANALYSIS: NORTH AMERICA 162
FIGURE 34 SNAPSHOT: SATELLITE PAYLOAD MARKET IN NORTH AMERICA 163
TABLE 70 NORTH AMERICA: SATELLITE PAYLOAD MARKET SIZE, BY COUNTRY,
2018–2020 (USD MILLION) 163
TABLE 71 NORTH AMERICA: SATELLITE PAYLOAD MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 164
TABLE 72 NORTH AMERICA: SATELLITE PAYLOAD MARKET SIZE, BY TYPE,
2018–2020 (USD MILLION) 164
TABLE 73 NORTH AMERICA: SATELLITE PAYLOAD MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 164
TABLE 74 NORTH AMERICA: SATELLITE PAYLOAD MARKET SIZE, BY SATELLITE,
2018–2020 (USD MILLION) 165
TABLE 75 NORTH AMERICA: SATELLITE PAYLOAD MARKET SIZE, BY SATELLITE,
2021–2026 (USD MILLION) 165
TABLE 76 NORTH AMERICA: SATELLITE PAYLOAD MARKET SIZE, BY APPLICATION, 2018–2020 (USD MILLION) 165
TABLE 77 NORTH AMERICA: SATELLITE PAYLOAD MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION) 166
TABLE 78 NORTH AMERICA: SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2018–2020 (USD MILLION) 166
TABLE 79 NORTH AMERICA: SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2021–2026 (USD MILLION) 166
TABLE 80 NORTH AMERICA: SATELLITE PAYLOAD MARKET SIZE, BY ORBIT,
2018–2020 (USD MILLION) 167
TABLE 81 NORTH AMERICA: SATELLITE PAYLOAD MARKET SIZE, BY ORBIT,
2021–2026 (USD MILLION) 167
13.2.3 US 167
13.2.3.1 Increasing number of launches of Starlink satellites by spacex 167
TABLE 82 US: SATELLITE PAYLOAD MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION) 168
TABLE 83 US: SATELLITE PAYLOAD MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 168
TABLE 84 US: SATELLITE PAYLOAD MARKET SIZE, BY SATELLITE,
2018–2020 (USD MILLION) 168
TABLE 85 US: SATELLITE PAYLOAD MARKET SIZE, BY SATELLITE,
2021–2026 (USD MILLION) 169
TABLE 86 US: SATELLITE PAYLOAD MARKET SIZE, BY APPLICATION,
2018–2020 (USD MILLION) 169
TABLE 87 US: SATELLITE PAYLOAD MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 169
TABLE 88 US: SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2018–2020 (USD MILLION) 170
TABLE 89 US: SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2021–2026 (USD MILLION) 170
TABLE 90 US: SATELLITE PAYLOAD MARKET SIZE, BY ORBIT,
2018–2020 (USD MILLION) 170
TABLE 91 US: SATELLITE PAYLOAD MARKET SIZE, BY ORBIT,
2021–2026 (USD MILLION) 170
13.2.4 CANADA 171
13.2.4.1 Ongoing developments of next-generation communication payloads by several manufacturers in Canada 171
TABLE 92 CANADA: SATELLITE PAYLOAD MARKET SIZE, BY TYPE,
2018–2020 (USD MILLION) 171
TABLE 93 CANADA: SATELLITE PAYLOAD MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 172
TABLE 94 CANADA: SATELLITE PAYLOAD MARKET SIZE, BY SATELLITE,
2018–2020 (USD MILLION) 172
TABLE 95 CANADA: SATELLITE PAYLOAD MARKET SIZE, BY SATELLITE,
2021–2026 (USD MILLION) 172
TABLE 96 CANADA: SATELLITE PAYLOAD MARKET SIZE, BY APPLICATION,
2018–2020 (USD MILLION) 173
TABLE 97 CANADA: SATELLITE PAYLOAD MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 173
TABLE 98 CANADA: SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2018–2020 (USD MILLION) 174
TABLE 99 CANADA: SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2021–2026 (USD MILLION) 174
TABLE 100 CANADA: SATELLITE PAYLOAD MARKET SIZE, BY ORBIT,
2018–2020 (USD MILLION) 174
TABLE 101 CANADA: SATELLITE PAYLOAD MARKET SIZE, BY ORBIT,
2021–2026 (USD MILLION) 175
13.3 EUROPE 175
13.3.1 COVID-19 IMPACT ON EUROPE 175
13.3.2 PESTLE ANALYSIS: EUROPE 175
FIGURE 35 SNAPSHOT: SATELLITE PAYLOAD MARKET IN EUROPE 177
TABLE 102 EUROPE: SATELLITE PAYLOAD MARKET SIZE, BY COUNTRY,
2018–2020 (USD MILLION) 178
TABLE 103 EUROPE: SATELLITE PAYLOAD MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 178
TABLE 104 EUROPE: SATELLITE PAYLOAD MARKET SIZE, BY TYPE,
2018–2020 (USD MILLION) 178
TABLE 105 EUROPE: SATELLITE PAYLOAD MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 179
TABLE 106 EUROPE: SATELLITE PAYLOAD MARKET SIZE, BY SATELLITE,
2018–2020 (USD MILLION) 179
TABLE 107 EUROPE: SATELLITE PAYLOAD MARKET SIZE, BY SATELLITE,
2021–2026 (USD MILLION) 179
TABLE 108 EUROPE: SATELLITE PAYLOAD MARKET SIZE, BY APPLICATION,
2018–2020 (USD MILLION) 180
TABLE 109 EUROPE: SATELLITE PAYLOAD MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 180
TABLE 110 EUROPE: SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2018–2020 (USD MILLION) 180
TABLE 111 EUROPE: SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2021–2026 (USD MILLION) 181
TABLE 112 EUROPE: SATELLITE PAYLOAD MARKET SIZE, BY ORBIT,
2018–2020 (USD MILLION) 181
TABLE 113 EUROPE: SATELLITE PAYLOAD MARKET SIZE, BY ORBIT,
2021–2026 (USD MILLION) 181
13.3.3 UK 182
13.3.3.1 Ongoing advancements in satellite technologies to contribute to market growth in UK 182
TABLE 114 UK: SATELLITE PAYLOAD MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION) 182
TABLE 115 UK: SATELLITE PAYLOAD MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 183
TABLE 116 UK: SATELLITE PAYLOAD MARKET SIZE, BY SATELLITE,
2018–2020 (USD MILLION) 183
TABLE 117 UK: SATELLITE PAYLOAD MARKET SIZE, BY SATELLITE,
2021–2026 (USD MILLION) 183
TABLE 118 UK: SATELLITE PAYLOAD MARKET SIZE, BY APPLICATION,
2018–2020 (USD MILLION) 184
TABLE 119 UK: SATELLITE PAYLOAD MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 184
TABLE 120 UK: SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2018–2020 (USD MILLION) 184
TABLE 121 UK: SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2021–2026 (USD MILLION) 185
TABLE 122 UK: SATELLITE PAYLOAD MARKET SIZE, BY ORBIT,
2018–2020 (USD MILLION) 185
TABLE 123 UK: SATELLITE PAYLOAD MARKET SIZE, BY ORBIT,
2021–2026 (USD MILLION) 185
13.3.4 RUSSIA 185
13.3.4.1 Increasing number of satellite launches by Russia for its military satellite constellation 185
TABLE 124 RUSSIA: SATELLITE PAYLOAD MARKET SIZE, BY TYPE,
2018–2020 (USD MILLION) 186
TABLE 125 RUSSIA: SATELLITE PAYLOAD MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 186
TABLE 126 RUSSIA: SATELLITE PAYLOAD MARKET SIZE, BY SATELLITE,
2018–2020 (USD MILLION) 187
TABLE 127 RUSSIA: SATELLITE PAYLOAD MARKET SIZE, BY SATELLITE,
2021–2026 (USD MILLION) 187
TABLE 128 RUSSIA: SATELLITE PAYLOAD MARKET SIZE, BY APPLICATION,
2018–2020 (USD MILLION) 187
TABLE 129 RUSSIA: SATELLITE PAYLOAD MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 188
TABLE 130 RUSSIA: SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2018–2020 (USD MILLION) 188
TABLE 131 RUSSIA: SATELLITE PAYLOAD MARKET SIZE, BY END USER,
2021–2026 (USD MILLION) 188
TABLE 132 RUSSIA: SATELLITE PAYLOAD MARKET SIZE, BY ORBIT,