According to a market report by Lucintel, the future of the global composites for the satellite market looks promising with opportunities in the satellite, launch vehicle, deep space probe, and rover markets. The global composites for the satellite market is expected to grow with a CAGR of 9.1% from 2024 to 2030. The major drivers for this market are increasing demand for satellite-based broadband services worldwide, growing need for earth observation data for various applications, and expansion of satellite constellations for global connectivity and IoT services.
A more than 150-page report to understand trends, opportunity and forecast in composites for the satellite market to 2030 by fiber type (glass fiber, carbon fiber, and aramid fiber), manufacturing process (resin transfer molding, injection molding, prepreg lay up, and others), application (satellites, launch vehicles, deep space probes, rovers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the fiber type category, glass fiber is expected to witness the highest growth over the forecast period.
Within the application category, satellite will remain the largest segment.
Download sample by clicking on composites for the satellite market
In terms of regions, Europe is expected to witness the highest growth over the forecast period.
Owens Corning, Jushi Group, Nippon Electric Glass, CPIC, Toray Industries, Hexcel Composites, Mitsubishi Rayon are the major suppliers in the composites for the satellite market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
Explore Our Latest Publications
Foam Core Acrylic Market
Foundry Coke Market
Free Painting Color Masterbatch Market
Fumed Silica Market
Geosteering Market