China Satellite Bus Market, By Subsystem, Forecast to 2027

Year ELECTRIC POWER SYSTEM (EPS) STRUCTURES & MECHANISMS PROPULSION THERMAL CONTROL ATTITUDE CONTROL SYSTEM FLIGHT SOFTWARE TELEMETRY TRACKING AND COMMAND (TT&C)
2018 $ 147.86 $ 120.26 $ 106.42 $ 43.85 $ 118.88 $ 29.39 $ 121.7
2019 $ 161.98 $ 128.79 $ 114.94 $ 47.12 $ 128.16 $ 32.67 $ 132.74
2020 $ 173.44 $ 134.8 $ 121.36 $ 49.5 $ 135.05 $ 35.47 $ 141.53
2021 $ 185.12 $ 140.65 $ 127.74 $ 51.83 $ 141.87 $ 38.37 $ 150.43
2022 $ 200.41 $ 148.82 $ 136.39 $ 55.05 $ 151.17 $ 42.09 $ 162.17
2023 $ 217.54 $ 157.88 $ 146.02 $ 58.62 $ 161.52 $ 46.26 $ 175.32
2024 $ 236.81 $ 167.97 $ 156.79 $ 62.61 $ 173.09 $ 50.98 $ 190.09
2025 $ 258.76 $ 179.35 $ 169.0 $ 67.12 $ 186.19 $ 56.37 $ 206.88
2026 $ 283.95 $ 192.3 $ 182.95 $ 72.26 $ 201.15 $ 62.57 $ 226.14
2027 $ 312.92 $ 207.06 $ 198.92 $ 78.13 $ 218.26 $ 69.73 $ 248.26
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China Satellite Bus Market, By Subsystem, Forecast to 2027

Synopsis
The above chart is China Satellite Bus Market, By Subsystem, Forecast to 2027

Market Dynamics

the satellite bus market is a critical component of the space industry, and china has emerged as a major player in this sector. a satellite bus, also known as a spacecraft bus, is the major structural framework of a satellite that carries and supports the payload and other subsystems. it plays a crucial role in the successful operation of a satellite, and companies in china are focusing on developing advanced satellite bus systems to cater to the growing demand for satellite-based services. one of the key subsystems of a satellite bus is the power system. it is responsible for providing electrical power to the satellite's various components and ensuring their proper functioning. in recent years, chinese companies have made significant advancements in developing efficient and reliable power systems for satellites. they are using innovative technologies such as solar arrays, batteries, and power control units to improve the overall performance and reliability of satellite buses. another critical subsystem of a satellite bus is the propulsion system. it enables the satellite to maneuver and maintain its position in orbit. china has made considerable progress in this area, with companies developing advanced propulsion systems that use both chemical and electric propulsion. these propulsion systems offer greater efficiency and flexibility, allowing satellites to perform a wide range of missions, including communication, earth observation, and navigation. the communication subsystem is another important component of a satellite bus. it enables the satellite to transmit data and signals back to earth. chinese companies are investing heavily in developing state-of-the-art communication systems for satellites, such as phased array antennas and high-speed data links. these systems not only improve the data transmission rate but also enhance the security of communication between the satellite and the ground station. thermal control is another critical subsystem of a satellite bus. it maintains the temperature of various components and systems onboard the satellite and protects them from extreme temperature variations in space. china has made significant progress in developing advanced thermal control subsystems that use innovative materials and technologies to ensure the reliable operation of satellites. in conclusion, the chinese satellite bus market is witnessing significant growth, driven by the rapid advancements in various subsystems of satellite buses. with the increasing demand for satellite-based services, chinese companies are continuously investing in research and development to develop more efficient, reliable, and advanced satellite buses that can support a diverse range of missions. with such developments, china is positioning itself as a key player in the global satellite bus market.

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