Europe Satellite Attitude and Orbit Control System Market Size

Statistics for the 2023 & 2024 Europe Satellite Attitude and Orbit Control System market size, created by Mordor Intelligence™ Industry Reports. Europe Satellite Attitude and Orbit Control System size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

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Market Size of europe satellite attitude and orbit control system Industry

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Europe Satellite Attitude and Orbit Control System Market Summary
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Icons Lable Value
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 117.87 Million
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 255.79 Million
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Orbit Class LEO
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 16.76 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country United Kingdom

Major Players

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*Disclaimer: Major Players sorted in no particular order

Key Players

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Europe Satellite Attitude and Orbit Control System Market Analysis

The Europe Satellite Attitude and Orbit Control System Market size is estimated at USD 117.87 million in 2024, and is expected to reach USD 255.79 million by 2029, growing at a CAGR of 16.76% during the forecast period (2024-2029).

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117.87 Million

Market Size in 2024 (USD)

255.79 Million

Market Size in 2029 (USD)

17.80 %

CAGR (2017-2023)

16.76 %

CAGR (2024-2029)

Largest Market by Satellite Mass

65.83 %

value share, 100-500kg, 2022

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Minisatellites with expanded capacity for enterprise data (retail and banking), oil, gas, and mining, and governments in developed countries pose high demand. The demand for minisatellites with a LEO is increasing due to their expanded capacity.

Largest Market by Application

78.69 %

value share, Communication, 2022

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Governments, space agencies, defense agencies, private defense contractors, and private space industry players are emphasizing the enhancement of the communication network capabilities for various public and military reconnaissance applications.

Largest Market by Orbit Class

72.49 %

value share, LEO, 2022

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LEO satellites are increasingly being adopted in modern communication technologies. These satellites serve an important role in Earth observation applications.

Largest Market by End User

69.05 %

value share, Commercial, 2022

The commercial segment is expected to occupy a significant share because of the increasing use of satellites for various telecommunication services.

Leading Market Player

60.46 %

market share, OHB SE, 2022

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OHB is the leading player in the European satellite attitude and orbit control system market. The company invests in mission-critical technologies across all application areas, especially in Earth observation satellites and their components.

LEO satellites are driving the market demand by occupying a significant share of 73.6% in 2029

  • In Europe, the AOCS market for LEO, MEO, and GEO satellites is driven by increasing investments in satellite-based services, such as communication, Earth observation, and navigation, which require high-precision positioning and orientation of satellites.
  • LEO satellites are used for applications such as Earth observation, remote sensing, and scientific research. The growing demand for high-resolution satellite imagery and remote sensing data is expected to drive the LEO segment. The market is also driven by the rising number of small satellites being launched into orbit, which require efficient and cost-effective AOCS. Between 2017 and 2022, approximately 531 satellites were launched into LEO.
  • GEO satellites are used for applications like communication, broadcasting, and weather forecasting. The demand for high-speed internet connectivity and digital broadcasting is expected to drive the growth of the AOCS market for GEO satellites. Key players in the market include Airbus Defence and Space, Lockheed Martin, and Northrop Grumman. Between 2017 and 2022, approximately 16 satellites were launched into GEO.
  • MEO satellites are used for global navigation satellite systems (GNSS) like GPS, Galileo, and BeiDou. The increasing demand for GNSS applications in various industries, such as automotive, aviation, and maritime, is expected to drive the growth of the AOCS market for MEO satellites. Thales Alenia Space, OHB System AG, and RUAG Space are some of the leading companies providing AOCS for MEO satellites. Between 2017 and 2022, approximately 16 satellites were launched into MEO. The segment is expected to record a 15% CAGR during the forecast period.
Europe Satellite Attitude and Orbit Control System Market

Europe Satellite Attitude and Orbit Control System Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029