Satellites are systems that are launched into space to provide various services such as communications, telemetry, remote sensing, surveillance, and so on. Satellites are designed specifically as per their intended application. Depending on the type of application, satellites can be segmented as communications satellites, navigation satellites, reconnaissance satellites, remote sensing satellites and so on. Satellites are also classified as LEO satellites, Sun-synchronous Orbit satellites, and GEO satellites, according to the orbit location. Based on the size, the satellites are categorized as large, medium-sized, mini, micro, nano, pico, and femto-satellites.
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The growing utilization of satellites for military surveillance and other defense applications has been one of the major drivers for the market. The military also needs more data bandwidth and reliable communication infrastructure to meet the growing demand from UAVs and modern equipment.
