Pat Hindle, MWJ Editor
RSS

Pat Hindle is responsible for editorial content, article review and special industry reporting for Microwave Journal magazine and its web site in addition to social media and special digital projects. Prior to joining the Journal, Mr. Hindle held various technical and marketing positions throughout New England, including Marketing Communications Manager at M/A-COM (Tyco Electronics), Product/QA Manager at Alpha Industries (Skyworks), Program Manager at Raytheon and Project Manager/Quality Engineer at MIT. Mr. Hindle graduated from Northeastern University - Graduate School of Business Administration and holds a BS degree from Cornell University in Materials Science Engineering.

Aerospace and Defense Channel

Keysight Report on Space Tech Market

April 24, 2023

Patrick Hindle, Editorial Director

0 Comments

Keysight Technologies recently released a very nice report on the Space Tech Market, Defying Gravity. The market value of the global space industry is estimated currently to be between $380–388 B and is forecasted to grow as high as $540 B 2025–26. The SATCOM sector is projected to expand even faster than the overall global space industry, nearly doubling in size in the same time frame going from $72 B to $138 B.

The report covers the key drivers for growth: Defense Industry, 5G, Media/Entertainment, Broadband for Underserved Regions, Aviation and Alternative Communications Approaches. It also reviews the various government driven programs in each country or region plus the major defense OEMs, commercial constellations and startups. It then reviews the key challenges and trends the industry is facing. Check out the report here.