Space On Board Computing Platform Market Report 2023 | Insights, Analysis, And Forecast 2032

Space On Board Computing Platform Global Market Report 2023

Market Size, Trends and Global

Forecast 2023-2032

Space On Board Computing Platform Market Definition

The space on-board computing platform is the key core of the spacecraft avionics used for collection, analysis, and processing of data gathered by satellite on-board to provide an exact map of the earth's surface. The space on-board computing platform collects data through various applications and provides mapping and navigation across the globe.

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Space On Board Computing Platform Market Characteristics:

The global space on-board computing platform market size grew from $1.23 billion in 2022 to $1.4 billion in 2023 at a compound annual growth rate (CAGR) of 13.8 The space on-board computing platform market size is expected to grow to $2.25 billion in 2027 at a CAGR of 12.6%.

Forecast To 2032

2022 2023 2027

Global Space On-Boarding Computing Platform Market Size

Key Market Drivers And Trends

Drivers Trends

The rise in space exploration missions is expected to propel the growth of the space-on-board computing platform market

Technological advancements have emerged as the key trend gaining popularity in the onboard computing platform market.

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Space On Board Computing Platform Global Market Segments:

The report covers the space on board computing platform market’s segments-

By Platform

By Technology

By Orbit

By Communication Frequency

By Application

Nano Satellite, Microsatellite, Small satellite, Medium satellite, Large satellite, Spacecraft

Cots, Non-Cots

Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geostationary Earth Orbit (GEO)

S-Band, X-Band, C-

Band, K-Band

Communication, Earth Observation, Navigation, Meteorology

Major companies in the market include

Key Market Players

BAE Systems

Thales Group

L3Harris Technologies Inc

Lockheed Martin Corporation

Saab AB

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