DUBLIN, June 17, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Military Satellite Market 2016-2020" report to their offering.

The global military satellite market to grow at a CAGR of 5.70% during the period 2016-2020.

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.

A trend which will boost market growth is the emergence of inflatable SATCOM antennas. Technological advancements in antenna and satellite technology, along with nimble and high-capacity global networks, have brought military forces into the limelight. The emergence of inflatable SATCOM antennas, designed for ground military use in remote areas and harsh weather is one such significant development.

According to the report, a key growth driver is the increasing demand for electro-optical imaging systems. Advanced image-enhancing equipment such as high-resolution cameras and advanced remote-sensing technology have improved the quality of satellite-based Earth observation images. Such equipment offers a single internet access point to all the users to obtain EO data from existing databases as well as from the new up-to-date portals. Thus, users from various domains can access the information directly.

Further, the report states that one challenge that could hamper market growth is the cost associated with satellite launches.

Key vendors

- Boeing

- Israel Aerospace Industries (IAI)

- Northrop Grumman

- Raytheon

- Thales Group

Other prominent vendors

- Airbus Defence and Space

- GE Aviation

- Lockheed Martin

- SpaceX

- ViaSat

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Global aerospace and defense supply chain system

Part 07: Global aerospace and defense value chain system

Part 08: Market segmentation by system

Part 09: Market segmentation by type

Part 10: Geographical segmentation

Part 11: Market drivers

Part 12: Impact of drivers

Part 13: Market challenges

Part 14: Impact of drivers and challenges

Part 15: Market trends

Part 16: Vendor landscape

Part 17: Appendix

For more information visit http://www.researchandmarkets.com/research/cn68pg/global_military

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SOURCE Research and Markets