Military Satellites Market to Reach $14.37B in 2016
August 10, 2016 | visiongainEstimated reading time: 1 minute
The military satellites market is set to be worth $14.37 billion in 2016, resulting from several major contracts in the United States, Israel and Russia and continuing satellite fleet modernization in China and India, according to a new report by market analyst visiongain.
"National governments’ ever-greater demands for military satellite bandwidth to ensure information superiority will radically grow and alter the military satellite market in the next decade. So great is the need for military data that it is increasingly transmitted through commercial satellites," said Theo Howard, visiongain's defense analyst and the author of Military Satellites Market Report 2016-2026.
In fact, approximately 80% of the US’s military data is currently transmitted via commercial systems. A single Reaper drone flying over Afghanistan uses several times more bandwidth than was used by the United States in the entire 1991 Gulf War. Meeting this demand is unsustainable within the current military satellite paradigm. The era of multibillion dollar sole-purpose military spacecraft is coming to an end. The future of the military satellite market is in ever-smaller platforms such as microsatellites and increased integration with the burgeoning civilian space sector which has pioneered several technological advancements catching the eyes of military satellite procurers in the process. The global military satellite market will grow slowly in the first three years of the forecast period as the United States reduces its spending on space-based systems as a result of budgetary sequestration. As this pressure eases, smaller satellites development cycles begin and launch costs will reduce. The global market will grow strongly as smaller national markets expand."
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
Dan’s Sales Guide: Master Your Sales Game in 2025 and Beyond
07/30/2025 | Dan Beaulieu, D.B. Management GroupIndustry veteran Dan Beaulieu has compiled more than 80 of his favorite sales tips and suggestions to help you create your own sales and marketing playbook. “I’ve been in this business for over 40 years, and I’ve seen companies spend hundreds of thousands of dollars on equipment, expand factories, rebrand multiple times, and hire consultants until the parking lot is full,” Dan says. But when it comes to time for companies to invest in something that will actually grow their revenue, Dan has found that their sales and marketing strategies aren’t as strong as they should be. However, there's a solution.
From Attraction to Action: Where Marketing Ends and Sales Begins
07/29/2025 | Brittany Martin, I-Connect007Before a PO hits the system, marketing has already done a lot of heavy lifting. Without strategic marketing, the PO might never arrive. At I-Connect007, we have been fortunate to help many companies achieve sales success through marketing. The key to success? Understanding how marketing leads to sales.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
07/25/2025 | Marcy LaRont, I-Connect007In industry news this past week, I’m putting a focus on sustainability in electronics by highlighting my interview with Kelly Scanlon and Corey Dehmey, and Nolan Johnson’s Meet the Author podcast with Beth Turner of MacDermid Alpha Electronics Solutions. I also chose to spotlight the M&A activity and outlook in the U.S. market and regional market news in India and Mexico.
Accelerated Brand Expansion Reshapes Foldable Phone Market; Apple’s 2026 Entry May Ignite Industry Breakthrough
07/22/2025 | TrendForceTrendForce’s latest forecast estimates that shipments of foldable phones will reach 19.8 million units in 2025, maintaining a market penetration rate of around 1.6%, on par with 2024.
Punching Out: M&A North American PCB and EMS Deals for the First Half of 2025
07/23/2025 | Tom Kastner -- Column: Punching Out!As we entered 2025, the M&A deal world was prepared for a busy year in electronics, plus sentiment for the overall M&A market was bullish. We had “a deal guy” entering the White House, and he’d pledged to support U.S. manufacturing. All signals were green. However, to date, M&A deals this year are around the same as in the first half of 2024.