// ORBITAL LOGISTICS AND PROPULSION TERM
Satellite Industry
The global economic sector involved in designing, manufacturing, launching, and operating satellites, as well as providing services that use satellite technology.
TECHNICAL DEFINITION
The Satellite Industry encompasses the global ecosystem involved in the design, manufacturing, launch, operation, and provision of services (e.g., communication, Earth observation, navigation) utilizing artificial satellites and associated ground infrastructure.
BACKGROUND
The space industry of India is predominantly driven by its national space agency ISRO. The industry includes over 500 private suppliers and other various bodies of the Department of Space (DoS) in all commercial, research and arbitrary regards. Since the Indian space sector was opened up to private sector in 2020, numerous private space companies have emerged, working on various aspects of space exploration. In 2023, the space industry of India accounted for US$9 billion or 2%–3% of the global space industry and employed more than 45,000 people. The Government of India projects industry to grow four to five times over the next 8–10 years, potentially reaching US$40–45 billion, global share targeted to rise to 8% by 2030.
READ MORE ON WIKIPEDIASYNONYMS & ALIASES
- Space industry
- Satellite sector
- Space economy
USAGE NOTE
The satellite industry is a major driver of innovation in telecommunications and remote sensing.
DEVELOPERS
Organizations developing technology related to Satellite Industry.
Develops, manufactures, and launches advanced rockets and spacecraft, including the Starlink constellation for satellite internet, and provides satellite launch services for various clients.
A major European player in the satellite industry, designing and manufacturing a wide range of satellites for Earth observation, telecommunications, navigation, and scientific missions.
A global security and aerospace company that designs, develops, and manufactures advanced satellites for communication, weather forecasting, navigation (GPS), and national security missions.
Provides advanced satellite imagery and geospatial intelligence, and manufactures spacecraft and space robotic systems for government and commercial customers.
Developing Project Kuiper, a large constellation of Low Earth Orbit (LEO) satellites to provide fast, affordable broadband internet to unserved and underserved communities around the world.
Designs, develops, and manufactures a variety of advanced satellites and space systems for communications, navigation, Earth observation, and space exploration missions.
Operates a global constellation of Low Earth Orbit (LEO) satellites providing high-speed, low-latency broadband connectivity services to businesses, governments, and communities worldwide.
A global communications company providing high-speed satellite broadband services, secure networking systems, and related technologies for residential, commercial, and government applications.