A satellite bus or spacecraft bus is a general model on which multiple-production satellite spacecraft are often based. The bus is the infrastructure of the spacecraft, usually providing locations for the payload (typically space experiments or instruments).
North America led the satellite bus market in 2017. The US government is increasingly investing in the satellite bus industry to enhance the capabilities and efficiency of satellite bus and launch vehicles. However, the satellite bus market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period. The Asia Pacific is considered a lucrative market for domestic and regional satellite bus manufacturers, and thus, the increase in the development of satellites is expected to propel the growth of the satellite bus market in this region.

Market Analysis and Insights: Global and United States Satellite Bus Market
This report focuses on global and United States Satellite Bus market.
In 2020, the global Satellite Bus market size was US$ 9130.2 million and it is expected to reach US$ 11880 million by the end of 2027, with a CAGR of 3.4% during 2021-2027. In United States the Satellite Bus market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Satellite Bus Scope and Market Size
Satellite Bus market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Satellite Bus market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Satellite Bus market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.

Segment by Type
Small Satellite (1-500kg)
Medium Satellite (501-2,500kg)
Large Satellite (Above 2,500kg)

Segment by Application
Earth Observation & Meteorology
Communication
Scientific Research & Exploration
Surveillance & Security
Mapping
Navigation

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Northrop Grumman
Lockheed Martin
Thales Alenia Space
Airbus
China Academy of Space Technology
Israel Aerospace
Boeing
Honeywell
Mitsubishi
Ball
MDA
Sierra Nevada