Global Military Satellite Payloads and Subsystems Market to Grow at a CAGR of 5.35%, 2017-2021


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Research and Markets has announced the addition of the "Global Military Satellite Payloads and Subsystems Market 2017-2021" report to their offering.

The global military satellite payloads and subsystems market to grow at a CAGR of 5.35% during the period 2017-2021. 

The report, Global Military Satellite Payloads and Subsystems Market 2017-2021, 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. 

The micro-satellites can act as a resource that can indirectly contribute to the functions of bigger satellites. A team of researchers from the Missouri University of Science and Technology directed their efforts to develop a microsatellite imagery to monitor the health of satellites with sensitive functions such as global security and weather monitoring. 

According to the report, innovations in satellites and antenna technology, along with the nimble and high-capacity global networks, have brought military forces into the limelight of technology and capability. The emergence of inflatable SATCOM antennas, designed for ground military use in remote areas and harsh weather, is one such significant development. They are set up at locations where the movement and installation of standard rigid satellite antennas are challenging.

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