satellite bus

The global satellite bus market is projected to rise from $14.1 billion in 2023 to $23.4 billion by 2033, a CAGR of about 5.4%. Lockheed Martin is developing the LM-2100 modular bus with upgradeable components, while Northrop Grumman, Boeing, Airbus, and Thales Alenia Space remain leaders in GEO and military programs. SpaceX has mass-produced Starlink satellites in-house, with over 6,500 launched to date and satellites comprising roughly 50% of active satellites, plus a Starshield military variant. Airbus and OneWeb formed a joint venture that manufactured hundreds of satellites on an assembly-line in Florida for mass production. Britain’s BAE Systems agreed