Space On-Board Computing Platform Global Market Report 2022–Market Size, Trends, And Global Forecast 2022-2026
The Business Research Company’s Space On-Board Computing Platform Global Market Report 2022: Market Size, Trends, And Forecast To 2026
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According to ‘Space On-board Computing Platform Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the space on-board computing platform market size is expected to grow from $ 1.07 billion in 2021 to $ 1.24 billion in 2022 at a compound annual growth rate (CAGR) of 15.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The space on-board computing platform market is expected to grow to $ 2.09 billion in 2026 at a CAGR of 14%. The rise in space exploration missions is expected to propel the growth of the space-on-board computing platform market going forward.
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The space on-board computing platform market consists of sales of space on-board computing platforms by entities (organizations, sole traders, and partnerships) that are used for collection, analysis, and processing of data gathered by satellite on-board to provide an exact map of the earth’s surface. The space on-board computing platform collects data through various applications and provides mapping and navigation across the globe.
Global Space On-board Computing Platform Market Trends
Technological advancements have emerged as the key trend gaining popularity in the onboard computing platform market. Major companies operating in the space on-board computing platform sector are focused on developing innovative technologies that could provide better solutions and services to various industries to optimize their business operations and strengthen their position in the market.
Global Space On-board Computing Platform Market Segments
The global space on-board computing platform market is segmented:
By Platform: Nano Satellite, Microsatellite, Small satellite, Medium satellite, Large satellite, Spacecraft
By Technology: Cots, Non-Cots
By Orbit: Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geostationary Earth Orbit (GEO)
By Communication Frequency: S-Band, X-Band, C-Band, K-Band, Other Communication Frequencies
By Application: Communication, Earth Observation, Navigation, Meteorology, Other Applications
By Geography: The global space on-board computing platform market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest share.
Read more on the global space on-board computing platform market report here
Space On-board Computing Platform Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides space on-board computing platform global market outlook, analyzes and forecasts market size and growth for the global space on-board computing platform market, space on-board computing platform global market share, space on-board computing platform global market segmentation and geographies, space on-board computing platform global market trends, space on-board computing platform market players, space on-board computing platform market leading competitor revenues, profiles and market shares. The space on-board computing platform market research report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Space On-board Computing Platform Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: BAE Systems, Thales Group, L3Harris Technologies Inc, Lockheed Martin Corporation, Honeywell International Inc, Raytheon Technologies Corporation, Saab AB, Northrop Grumman, Airbus Industrie GIE, Ball Corporation, Cobham Gaisler Ab, Contec Co Ltd, EnduroSat, G.A.U.S.S. Srl, International Business Machines Corporation, Leonardo S p A, Loft Orbital, Space Tango, ST Engineering, and Teledyne Technologies Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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Article originally published on www.einpresswire.com as Space On-board Computing Platform Global Market To Grow At Rate Of 14% Through 2026