Satellite Bus Market projected to exceed $25 billion by 2032, driven by Earth observation

From GlobeNewswire: 2024-11-12 05:30:00

The Satellite Bus Market is expected to reach USD 25 billion by 2032, driven by Earth observation satellite use. However, regulatory complexities pose a challenge. Miniaturization and modular design are boosting the market, especially for small satellite buses. North America leads with over 30% market share, with key players including Lockheed Martin and Boeing.



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