Global Military Satellite Market to Grow at CAGR Of 5.70% to forecast 2020

About the Military Satellite Market

Military satellites are used for conventional missions such as intelligence gathering, navigation, and military communications. These are computer-controlled systems that perform thermal control, telemetry, power generation, attitude control, and orbit control. These data are used for several applications such as agriculture, water resources, urban development, mineral prospecting, environment, forestry, border and maritime security, drought and flood forecasting, and ocean resource and disaster management. By 2012, 6,600 satellites had been launched, of which 1,000 were operational.

The report covers the present scenario and the growth prospects of the global military satellite market for 2016-2020.

The market is divided into the following segments based on geography:

Global Military Satellite Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Boeing

Market driver

Market challenge

Market trend

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SOURCE WiseGuy Reports