Satellite and spacecraft subsystems are individual modules that collaborate to ensure the effective operation of satellites and spacecraft by handling specific mission tasks. The satellite subsystem includes components like payload, power, command and data handling, communication, thermal control, attitude control, propulsion, mechanisms, actuators, and structure. Launch vehicle subsystems cover structure, avionics, propulsion, control, electrical, stage separation, and thermal management. Deep space probe subsystems comprise onboard computers, power systems, memory, programmable circuits, communication, and sensors.
According to BIS Research, the global satellite and spacecraft subsystem market based on satellite subsystem is estimated to reach $54.55 billion in 2033 from $29.43 billion in 2022, at a growth rate of 4.11% during the forecast period 2023-2033.
Commercial Segment dominates the Global Satellite and Spacecraft Subsystem Market
The commercial sector is experiencing a rapid increase in demand for satellite communication services. Businesses seek dependable and efficient systems for diverse uses, such as broadband internet, telecommunications, and data transmission. These services depend significantly on satellite and spacecraft subsystems to enable signal transmission, data processing, and reception. Additionally, there is a growing focus on small satellites, including CubeSats and nanosatellites, in commercial space. These compact satellites provide cost-efficient solutions and allow for quicker deployment across various applications.
Growing R&D for Cost-Effective Subsystems and Components
The production and deployment of satellites for communication and Earth observation are rapidly rising, fueling a need for affordable satellite subsystems and components. In response, research and development efforts are intensifying to design cost-efficient solutions. This increased focus on R&D aims to produce subsystems and components that can meet market demands for both effectiveness and affordability in satellite manufacturing.
Impact of Space Radiation on Spacecraft and Astronauts
Space radiation presents a serious risk both during space travel and while orbiting Earth. Close to Earth lie the Van Allen belts—two intense radiation zones formed by charged particles trapped in Earth’s magnetic field. Extended exposure to these belts can lead to radiation poisoning. The inner belt ranges from roughly 600 km to 6,000 km, while the outer, more intense belt spans 10,000 to 65,000 km. In June 2019, NASA’s Space Environment Testbeds (SET) mission began studying the space environment to improve satellite protection.
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Growing Developments for Cislunar Programs
Cislunar space offers remarkable potential for advancements in science, technology, and exploration, providing unique perspectives for studying the Earth-Moon system and beyond. This region includes five Lagrange points, which are stable orbital positions relative to Earth and the Moon. For example, the James Webb Space Telescope, launched on December 25, 2021, is stationed at the second Lagrange point (L2), keeping it aligned with Earth as it orbits the Sun. The first (L1) and second (L2) Lagrange points, positioned in front of and behind the Moon, respectively, are particularly advantageous for transport and observation.
Future Outlook
The satellite and spacecraft subsystem market is expected to expand in the coming years, driven by technological advancements, miniaturization, and the increasing commercial interest in satellite-based services. Emerging applications, such as space tourism and asteroid mining, represent potential opportunities for subsystem providers. The focus on cost-efficient, high-performance subsystems is likely to continue as the industry evolves toward reusable and modular designs that accommodate a broader range of mission needs.
Some Key Players in this Market:
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Airbus S.A.S.
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Ball Aerospace
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Data Device Corporation
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Honeywell International
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Israel Aerospace Industries
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Lockheed Martin Corporation
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Mitsubishi Electric Corporation
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Northrop Grumman
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OneWeb
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OHB System
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Conclusion
The satellite and spacecraft subsystem market is a critical component of the broader space industry, essential for enabling the functionality and success of diverse space missions. As technological advancements continue to drive down costs and increase capabilities, this market is poised to grow, attracting investment and innovation. The expanding applications in communications, defense, scientific research, and exploration ensure a dynamic future for satellite and spacecraft subsystems.
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