Product Code: ETC107923 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India satellite market is currently estimated at around US$ 7.6 billion and is projected to grow at a compound annual growth rate (CAGR) of 6.6% during the 20253-2031 period. India focus on space exploration, digitalization initiatives by the government, and higher demand for satellite communication services are some of the main factors driving the growth of this market in India.
India is growing demand for high-speed data connectivity has been one of the major drivers for the growth of its satellite industry. The government`s Digital India initiative is also expected to drive up demand for commercial satellites, with many telecom operators planning to launch their own satellites to provide broadband services across rural areas throughout India. Additionally, increased focus on research activities by both public and private institutions have resulted in more investments into the development of new technology solutions involving satellites, such as remote sensing applications and communication networks used in defense operations.
Though there are several opportunities within this sector, there are few challenges that could potentially hinder it???s success. These include lack of infrastructure needed to support large scale projects; stringent regulations regarding orbital debris removal; and technical difficulties associated with launching large payloads into orbit due to atmospheric drag forces which can cause discrepancies in trajectory calculations leading to missed target orbits or failed mission attempts altogether if not compensated properly upon launch sequence initiation.
There are numerous companies operating within this sector including ISRO (India Space Research Organization), Hughes Network Systems LLC., Arianespace SASU , Antrix Corporation Limited , Skylark Technology & Solutions Private Limited amongst others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Satellite Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Satellite Market Revenues & Volume, 2021 & 2031F |
3.3 India Satellite Market - Industry Life Cycle |
3.4 India Satellite Market - Porter's Five Forces |
3.5 India Satellite Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Satellite Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 India Satellite Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Satellite Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Satellite Market Trends |
6 India Satellite Market, By Types |
6.1 India Satellite Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Satellite Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 India Satellite Market Revenues & Volume, By Large Satellite, 2018 - 2031F |
6.1.4 India Satellite Market Revenues & Volume, By Mini Satellite, 2018 - 2031F |
6.1.5 India Satellite Market Revenues & Volume, By Micro Satellite, 2018 - 2031F |
6.1.6 India Satellite Market Revenues & Volume, By Nano Satellite, 2018 - 2031F |
6.2 India Satellite Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 India Satellite Market Revenues & Volume, By Commercial, 2018 - 2031F |
6.2.3 India Satellite Market Revenues & Volume, By Civil, 2018 - 2031F |
6.2.4 India Satellite Market Revenues & Volume, By Government, 2018 - 2031F |
6.2.5 India Satellite Market Revenues & Volume, By Others, 2018 - 2031F |
6.3 India Satellite Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Satellite Market Revenues & Volume, By Scientific Research, 2018 - 2031F |
6.3.3 India Satellite Market Revenues & Volume, By Technology Demonstration and Verification, 2018 - 2031F |
6.3.4 India Satellite Market Revenues & Volume, By Earth Observation and Remote Sensing, 2018 - 2031F |
6.3.5 India Satellite Market Revenues & Volume, By Scientific Research, 2018 - 2031F |
6.3.6 India Satellite Market Revenues & Volume, By Communication, 2018 - 2031F |
6.3.7 India Satellite Market Revenues & Volume, By Others, 2018 - 2031F |
7 India Satellite Market Import-Export Trade Statistics |
7.1 India Satellite Market Export to Major Countries |
7.2 India Satellite Market Imports from Major Countries |
8 India Satellite Market Key Performance Indicators |
9 India Satellite Market - Opportunity Assessment |
9.1 India Satellite Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Satellite Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 India Satellite Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Satellite Market - Competitive Landscape |
10.1 India Satellite Market Revenue Share, By Companies, 2024 |
10.2 India Satellite Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |