|By Business Wire||
|May 21, 2014 01:36 PM EDT||
Research and Markets (http://www.researchandmarkets.com/research/j6tb98/global_satellite) has announced the addition of the "Global Satellite Market Forecasts Report 2018: Boeing, Airbus SAS, Lockheed Martin, Orbital Sciences & Thales Group Dominate the Industry" report to their offering.
The Global Satellite market is expected to witness moderate growth due to the presence of some emerging trends that could have a positive impact on the market during the forecast period. One such trend is the increased demand for high power and HTS due to the continuing demand for broadband internet and internet connectivity with high bandwidth. Thus, the combined effects of various drivers and trends are expected to propel the growth of the market during the forecast period.
According to the report, one of the major drivers in this market is the growing Commercial Satellite market. This is mainly due to an increase in wireless and internet related use of satellites.
Further, the report states that one of the major challenges in this market is decreasing government for funding for space research. This is mainly due to the slow economic growth of many developed countries, especially in Europe.
Key vendors dominating this space are:
- Airbus SAS
- Lockheed Martin Corp
- Orbital Sciences Corp
- Thales Group.
Key questions answered in this report:
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
For more information visit http://www.researchandmarkets.com/research/j6tb98/global_satellite