Piyasa bakış

The global satellite commercial-off-the-shelf (COTS) components market is expected to reach a value of $4.12 milyar tarafından 2032, with a compound annual growth rate of 1.21% during the forecast period of 2022-2032. This growth is driven by the technological expansion in electronic components and associated devices for Internet of Things (IoT) enabling services.

The global space economy has been experiencing rapid growth due to the increasing demand for satellite-based connectivity services in various applications such as communication, navigation, and Earth observation. According to the Satellite Industry Association (SIA), the global space economy was valued at $371 milyar 2020, encompassing satellite manufacturing, launches, associated services, and ground equipment. This value is expected to increase further in the coming years, fueled by factors such as the rise in small satellite launches, increased satellite internet and broadband services, and technological innovations. Commercial-off-the-shelf components play a crucial role in the space industry but require thorough verification and testing to ensure their functionality, as the space environment contains high levels of radiation that can impact the operability of electronic components.

The increasing demand for small satellites has driven advancements in satellite electronic technologies. Extensive research has been conducted to improve the efficiency and reduce the cost and size of satellites through new global information networks and electronic information management systems. The space industry has embraced commercial-off-the-shelf (COTS) components, which offer efficient radiation shielding without compromising quality. These components are used to reduce costs and development time for space electronics.

Ongoing projects aim to produce advanced COTS components with enhanced capability to shield space perturbations at a low cost. This demand is expected to increase with the launch of upcoming mega-constellations and the growing demand for COTS components. The market for satellite commercial-off-the-shelf components is well-established, as satellite operators strive to deploy lower screening level components quickly and cost-effectively.

The increasing number of satellites in low Earth orbit (LEO), including upcoming mega-constellations, drives the demand for satellite commercial-off-the-shelf components during the forecast period. bunlara ek olarak, the rising demand for reconfigurable satellite payloads requires miniaturized COTS components to support complex missions for extended periods.

Drivers for the global satellite commercial-off-the-shelf components market include the technological expansion in electronic components for IoT enabling services and the increasing usage of COTS components. The evolution of standardized satellite and subsystem platforms poses a challenge to the market. However, there are opportunities in the rising demand for reconfigurable satellite payloads and the development of advanced COTS components.

Pazar Segmentasyonu

Pazar çeşitli faktörlere göre bölümlere ayrılmıştır, including mass class, subsystem, and region.

Segmentation by Mass Class
0-500kilogram
501-1,000kilogram
1,001kg and above

Segmentation by Subsystem
Payload
Electrical and Power Subsystem
Command and Data Handling System
Communication Subsystem
Thermal Control Subsystem
Attitude Determination and Control Subsystem
Propulsion Control Subsystem
Mechanism
Actuator

Segmentation by Region
Kuzey Amerika – U.S. and Canada
Avrupa – Fransa, Almanya, Rusya, U.K., and Rest-of-Europe
Asia-Pacific – Çin, Japonya, Hindistan, and Rest-of-Asia-Pacific
Rest-of-the-World – Middle East and Africa and South America

The 0-500kg mass class segment is projected to dominate the global market for satellite commercial-off-the-shelf (COTS) components during the forecast period. This is driven by the growing demand for satellites serving various applications, including Earth observation, weather forecasting, navigation, and communication. Furthermore, the rising prominence of small satellite manufacturers in the space market fuels the need for reconfigurable and commercial off-the-shelf electronic components, leading to a significant increase in demand. In terms of revenue generation by mass class, the 0-500kg segment is expected to contribute the largest share, followed by the 1,001kg and above segment. The 0-500kg segment reported $1,848 million in revenue in 2021 and is projected to reach $3,921 million by 2032, growing at a CAGR of 1.48% tahmin dönemi boyunca. However, by 2032, the 1,001kg and above segment is anticipated to emerge as the second dominant segment under the mass class category, generating $139 million in revenue.

In the subsystem category, the attitude determination and control subsystem are expected to dominate the global satellite commercial-off-the-shelf components market with a 35.21% share in 2032. Its market value was $622 million in 2021 and is projected to reach $1,450 million by 2032, growing at a CAGR of 1.65% tahmin dönemi boyunca. The command and data handling system segment is anticipated to become the second dominant subsystem, with a growth rate of 0.47% tahmin dönemi boyunca.

North America held the highest market share of 70.63% in the global satellite commercial-off-the-shelf components market in 2021, primarily due to the presence of numerous companies in the region. Europe accounted for a share of 20.98% in 2021 and is expected to witness significant growth during the forecast period, driven by space activities in countries such as the U.K., Fransa, Almanya, and Russia. Increased spending by commercial space organizations like Analog Device, BAE System, Cobham Plc, and government key agencies across various mass classes will contribute to the substantial growth of the satellite commercial-off-the-shelf components market in the forecast period.

Rekabetçi Ortam

The competitive landscape of the global market for commercial-off-the-shelf components in satellites is characterized by various organic and inorganic strategies employed by key players to enhance their market share. These strategies encompass contracts, partnerships, acquisitions, product innovation, and business expansion endeavors, among others. Notable participants in the global market for commercial-off-the-shelf components in satellites comprise Analog Device, Microchip Technology, Micropac, and BAE System. These companies strive to establish numerous partnerships, collaborations, agreements, and contracts to extend their operations, bolster their global market presence, generate revenue, and attract new customers.

Key companies profiled in this report include Analog Devices, Inc., Amplified Design Solutions, BAE Systems, Cobham Plc, Curtiss-Wright, Data Device Corporation, Exxelia, GSI Technology, Inc., Honeywell International, Infineon Technologies, Mercury Systems, Inc., Microchip Technology, Inc., Micropac Industries, STMicroelectronics N.V., Texas Instruments, Vorago Technologies, Xilinx, A.Ş..

Recent Industry Developments

In March 2022, Cobham Advanced Electronic Solutions announced its partnership with Lockheed Martin Space to jointly develop advanced phased array antennas for satellite missions using additive manufacturing technology.

In December 2021, Microchip expanded its gallium nitride (GaN) radio frequency (RF) power device portfolio by introducing monolithic microwave integrated circuits (MMICs) and discrete transistors. These products offer high performance and find application in areas such as satellite communications, commercial radar systems, 5G technology, electronic warfare, and defense radar systems and test equipment.

In November 2021, Cobham Plc introduced the industry’s first single-stage DC-DC converter for satellite payloads. This innovative device provides spacecraft designers with highly efficient power conversion modules that allow for payload definition through software and reprogramming. bunlara ek olarak, the device helps reduce weight, boyut, and power requirements in space applications.

In February 2022, Cobham Advanced Electronic Solutions partnered with Trident Systems to deliver integrated advanced communications solutions and mission computing capabilities for defense applications in air, space, land, and sea domains.

Cevaplanan Anahtar Sorular

What are the future trends in the global market for commercial-off-the-shelf components in satellites, and how do experts anticipate the market will evolve from 2022 ile 2032?

What are the main drivers and challenges faced by companies operating in the global market for commercial-off-the-shelf components in satellites?

How is the market projected to grow during the forecast period from 2022 ile 2032?

What opportunities exist for companies to expand their businesses in the global market for commercial-off-the-shelf components in satellites?

Which region is expected to emerge as the leader in the global market for commercial-off-the-shelf components in satellites by 2032?

What strategies are key players implementing to sustain their presence in this highly competitive market?

What is the present and future revenue outlook for the global market for commercial-off-the-shelf components in satellites?