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Global Space On-board Computing Platform Market to reach USD 2.7 billion by 2028.

Global Space On-board Computing Platform Market Size study, by Platform, Application (Earth Observation, Navigation, Communication, Military & Scientific), by Orbit (Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geostationary Earth Orbit (GEO), by Communication Frequency (X-band, S-band, K-band, UHF/VHF Band, Technology ) and Regional Forecasts 2022-2028

Product Code: ICTICTI-42296898
Publish Date: 31-05-2022
Page: 200

Global Space On-board Computing Platform Market is valued approximately 1.2 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 12% over the forecast period 2022-2028. Modern communication technologies are increasingly incorporating onboard space computing platforms. The introduction of 5G and the development of new hardware systems are opening up numerous opportunities in satellite communication. Increased R&D activities in communication-related missions are expected to result in higher-quality communication systems using highly sophisticated miniaturized onboard computing platforms in conjunction with advanced mission-compatible ground station technologies. Technological advances have aided in overcoming major challenges by providing efficient miniaturized on-board computing platforms for advanced communication hardware on such satellites. This has helped to generate higher data rates, which has improved the overall communication capabilities of nanosatellites, microsatellites, and small satellites. Small satellites provide important communication capabilities such as disaster management, asset tracking, and mobile communication. Because of the improved space computing platforms on board that have been developed in recent years, these satellites can accommodate more sophisticated payloads than larger traditional satellites. Ramon Space unveiled a storage system that can withstand the harsh environment of space in March 2022. NuStream is the most recent data-driven space mission computing infrastructure platform. It has advanced modular architecture and high-density storage. On August 20th , 2021 BAE Systems designed and manufactured the radiation-hardened RAD510 System on Chip (SoC), which forms the core of a single board computer (SBC) with twice the performance capability of the industry-standard RAD750 microprocessor. The SBC offers more advanced Power Architecture software-compatible processing than the RAD750 radiation-hardened general-purpose processor.

The key regions considered for the global Space On-board Computing Platform Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America will lead the Space on-board Computing Platform Market, with the United States accounting for the largest share of the regional market. The growing demand for space on-board computing platforms in the United States and Canada, as well as the use of space on-board computing platforms in various commercial and military satellite applications, are driving the market in North America.
L3harris Technologies, Lockheed Martin Corporation, Honeywell International Inc., Northrop Grumman Corp., and Lockheed Martin are among the major players in the space on-board computing platforms market in North America. York Space Systems and Space Tango are two other major players in North America.

Major market player included in this report are:
Northrop Grumman Corporation
Thales Group
Lockheed Martin
Raytheon Technologies
Honeywell International Inc.
Bae Systems
Airbus Group
Leonardo S.P.A.
L3harris Technologies
Teledyne Technologies
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Communication
Earth Observation
Navigation
Meteorology
Other

By Platform:

Nano Satellite
Micro satellite
Small satellite
Medium satellite
Large satellite
Spacecraft

By Communication Frequency:

X-band
S-band
K-band
UHF/VHF Band
By Orbit:

Low Earth Orbit (LEO)
Medium Earth Orbit (MEO)
Geostationary Earth Orbit (GEO)

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Space On-board Computing Platform Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Space On-board Computing Platform Market, by Region, 2020-2028 (USD Billion)
1.2.2. Space On-board Computing Platform Market, by Application ,2020-2028 (USD Billion)
1.2.3. Space On-board Computing Platform Market, by Platform ,2020-2028 (USD Billion)
1.2.4. Space On-board Computing Platform Market, by Communication Frequency ,2020-2028 (USD Billion)
1.2.5. Space On-board Computing Platform Market, by Orbit ,2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. GlobalSpace On-board Computing Platform Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. GlobalSpace On-board Computing Platform Market Dynamics
3.1. Space On-board Computing Platform Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Software-defined payloads for communication satellites
3.1.1.2. Demand for Earth observation imagery and analytics
3.1.2. Market Challenges
3.1.2.1. Absence of cohesive government policies
3.1.3. Market Opportunities
3.1.3.1. Use of software-defined technology for flexibility to alter space missions
3.1.3.2. Development of satellite networks for internet access in areas without broadband connectivity
Chapter 4. GlobalSpace On-board Computing Platform MarketIndustry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. GlobalSpace On-board Computing Platform Market, by Application
6.1. Market Snapshot
6.2. GlobalSpace On-board Computing Platform Market by Application , Performance – Potential Analysis
6.3. GlobalSpace On-board Computing Platform Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
6.4. Space On-board Computing Platform Market, Sub Segment Analysis
6.4.1. Communication
6.4.2. Earth Observation
6.4.3. Navigation
6.4.4. Meteorology
6.4.5. Other
Chapter 7. GlobalSpace On-board Computing Platform Market, by Platform
7.1. Market Snapshot
7.2. GlobalSpace On-board Computing Platform Market by Platform , Performance – Potential Analysis
7.3. GlobalSpace On-board Computing Platform Market Estimates & Forecasts by Platform 2018-2028 (USD Billion)
7.4. Space On-board Computing Platform Market, Sub Segment Analysis
7.4.1. Nano Satellite
7.4.2. Micro satellite
7.4.3. Small satellite
7.4.4. Medium satellite
7.4.5. Large satellite
7.4.6. Spacecraft
Chapter 8. GlobalSpace On-board Computing Platform Market, by Communication Frequency
8.1. Market Snapshot
8.2. GlobalSpace On-board Computing Platform Market by Communication Frequency , Performance – Potential Analysis
8.3. GlobalSpace On-board Computing Platform Market Estimates & Forecasts by Communication Frequency 2018-2028 (USD Billion)
8.4. Space On-board Computing Platform Market, Sub Segment Analysis
8.4.1. X-band
8.4.2. S-band
8.4.3. K-band
8.4.4. UHF/VHF Band
Chapter 9. GlobalSpace On-board Computing Platform Market, by Orbit
9.1. Market Snapshot
9.2. GlobalSpace On-board Computing Platform Market by Orbit , Performance – Potential Analysis
9.3. GlobalSpace On-board Computing Platform Market Estimates & Forecasts by Orbit 2018-2028 (USD Billion)
9.4. Space On-board Computing Platform Market, Sub Segment Analysis
9.4.1. Low Earth Orbit (LEO)
9.4.2. Medium Earth Orbit (MEO)
9.4.3. Geostationary Earth Orbit (GEO)
Chapter 10. GlobalSpace On-board Computing Platform Market, Regional Analysis
10.1. Space On-board Computing Platform Market, Regional Market Snapshot
10.2. North AmericaSpace On-board Computing Platform Market
10.2.1. U.S.Space On-board Computing Platform Market
10.2.1.1. Application breakdown estimates & forecasts, 2018-2028
10.2.1.2. Platform breakdown estimates & forecasts, 2018-2028
10.2.1.3. Communication Frequency breakdown estimates & forecasts, 2018-2028
10.2.1.4. Orbit breakdown estimates & forecasts, 2018-2028
10.2.2. CanadaSpace On-board Computing Platform Market
10.3. EuropeSpace On-board Computing Platform Market Snapshot
10.3.1. U.K.Space On-board Computing Platform Market
10.3.2. GermanySpace On-board Computing Platform Market
10.3.3. FranceSpace On-board Computing Platform Market
10.3.4. SpainSpace On-board Computing Platform Market
10.3.5. ItalySpace On-board Computing Platform Market
10.3.6. Rest of EuropeSpace On-board Computing Platform Market
10.4. Asia-PacificSpace On-board Computing Platform Market Snapshot
10.4.1. ChinaSpace On-board Computing Platform Market
10.4.2. IndiaSpace On-board Computing Platform Market
10.4.3. JapanSpace On-board Computing Platform Market
10.4.4. AustraliaSpace On-board Computing Platform Market
10.4.5. South KoreaSpace On-board Computing Platform Market
10.4.6. Rest of Asia PacificSpace On-board Computing Platform Market
10.5. Latin AmericaSpace On-board Computing Platform Market Snapshot
10.5.1. BrazilSpace On-board Computing Platform Market
10.5.2. MexicoSpace On-board Computing Platform Market
10.6. Rest of The WorldSpace On-board Computing Platform Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Northrop Grumman Corporation
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Platform Summary
11.2.1.5. Recent Developments
11.2.2. Thales Group
11.2.3. Lockheed Martin
11.2.4. Raytheon Technologies
11.2.5. Honeywell International Inc.
11.2.6. Bae Systems
11.2.7. Airbus Group
11.2.8. Leonardo S.P.A.
11.2.9. L3harris Technologies
11.2.10. Teledyne Technologies
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

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