UK 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 $ 128.62 $ 104.61 $ 92.57 $ 38.14 $ 103.41 $ 25.57 $ 105.86
2019 $ 138.09 $ 110.01 $ 98.0 $ 40.17 $ 109.26 $ 27.85 $ 112.96
2020 $ 144.96 $ 113.11 $ 101.44 $ 41.37 $ 112.88 $ 29.65 $ 117.85
2021 $ 151.74 $ 115.97 $ 104.7 $ 42.48 $ 116.29 $ 31.45 $ 122.61
2022 $ 161.13 $ 120.61 $ 109.65 $ 44.26 $ 121.54 $ 33.84 $ 129.43
2023 $ 171.6 $ 125.81 $ 115.18 $ 46.25 $ 127.42 $ 36.5 $ 137.03
2024 $ 183.33 $ 131.65 $ 121.38 $ 48.47 $ 134.0 $ 39.47 $ 145.55
2025 $ 196.65 $ 138.29 $ 128.43 $ 51.01 $ 141.5 $ 42.84 $ 155.23
2026 $ 211.88 $ 145.93 $ 136.52 $ 53.92 $ 150.1 $ 46.69 $ 166.31
2027 $ 229.32 $ 154.67 $ 145.78 $ 57.26 $ 159.95 $ 51.1 $ 179.0
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UK Satellite Bus Market, By Subsystem, Forecast to 2027

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

Market Dynamics

the uk satellite bus market is a crucial component of the country's growing space industry, which is expected to make a significant contribution to its economy in the coming years. a satellite bus, also known as spacecraft bus, is a generic platform that provides the necessary support and power to the payload of a satellite. it is responsible for managing the various subsystems of the satellite, including power, thermal control, attitude control, and communication. the high demand for satellite buses in the uk can be attributed to the increasing use of satellites for various applications such as communication, navigation, remote sensing, and scientific research. the subsystems of a satellite bus can be broadly classified into four categories: attitude and orbit control, power, thermal control, and communication and data handling. the attitude and orbit control subsystem of a satellite bus is responsible for maintaining the desired orientation and position of the satellite in space. it includes components such as reaction wheels, magnetic torquers, and thrusters. as satellites are required to operate in a precise orbit, the demand for advanced attitude and orbit control subsystems is expected to increase in the coming years. the power subsystem is another crucial component of a satellite bus. it comprises solar panels, batteries, and power distribution systems, which provide the necessary power to operate the satellite's payload. with the increasing demand for high-powered payloads, the demand for advanced power subsystems is also expected to rise in the uk. the thermal control subsystem of a satellite bus is responsible for regulating the temperature of the satellite and preventing any damage to its sensitive electronic components. it includes components such as radiators, heat pipes, and thermal blankets. the communication and data handling subsystem plays a crucial role in enabling communication between the satellite and the ground station. it includes components such as transponders, antennas, and data handling units. with the increasing use of satellites for communication and navigation purposes, the demand for advanced communication and data handling subsystems is also expected to grow. in conclusion, the uk satellite bus market is expected to witness significant growth in the coming years due to the increasing use of satellites for various applications. the demand for advanced attitude and orbit control, power, thermal control, and communication and data handling subsystems is expected to increase, creating opportunities for companies operating in this market.

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