Aerospace and defenceFinance

New report on Space and Satellite Insurance Market 2018: Briefing and Future Opportunities Outlook 2018 to 2025

 Global Space And Satellite Insurance Market is expected to grow at a Compound Annual Growth Rate (CAGR) of +6.9%. The base year considered for the study is 2018 and the forecast period considered is 2018 To 2025.

 Global Space And Satellite Insurance Market is expected to grow at a Compound Annual Growth Rate (CAGR) of +6.9%. The base year considered for the study is 2018 and the forecast period considered is 2018 To 2025.

 Space and Satellite Insurance

Satellite insurance market A key factor driving the growth of the market is the rising number of satellite launches. The demand for satellite-based services such as EO, climate monitoring, and reconnaissance from the telecommunication industry is growing in several countries. Advances in satellite technology and the development of low-cost small satellites and Nano satellites have also increased the demand for new satellites. Several countries and private spaceflight companies are planning to increase their number of satellite launches during the forecast period. space travel are categorized in ground risks and in-orbit risks. Even before a launch, there are various factors which need to be considered. During their erection and operation, the various production sites and launch facilities are exposed to hazards such as natural catastrophes or fire. Great efforts have to be made by the experts to assure safe procedures, as handled objects are at least delicate or, like explosive devices, also dangerous.

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A key factor driving market growth is the increase in satellite launches. In many countries, demand for satellite-based services such as EO, climate monitoring and telecommunications industry reconnaissance is increasing. The development of satellite technology and the development of low cost small satellites and nanosatellite have also increased the demand for new satellites. Some countries and civilian astronauts plan to increase the number of launches during the forecast period

Key vendors
Allianz Global Corporate & Specialty
American International Group
Atrium Underwriting Group
Brit Group Services
elseco
Global Aerospace
Marsh & McLennan Companies
Munich Re
XL Group

For more enquiry: https://bit.ly/2Lnqk7P

Market driver
• Rising number of satellite launches
• For a full, detailed list, view our report

Market challenge
• Decline in space launch insurance and satellite in-orbit insurance costs
• For a full, detailed list, view our report

Market trend
• Growing demand for small satellites
• For a full, detailed list, view our report

Launch Risk Guarantee
This product is for launch vehicle service providers. It provides coverage to the launch vehicle service provider for underperformance of the launch vehicle.

Satellite Launch Vehicle Flight Only Insurance
This product is available to the title holder of the satellite during the launch phase. It provides cover against the underperformance of the launch vehicle, up until separation of the satellite.

Satellite Post Separation Insurance
Coverage against loss, damage or failure of the satellite after the satellite has separated from the launch vehicle. This product is designed so that there is no gap in coverage with any policy that has provided coverage of the “launch phase”.

Table Of Content

Global   Space and Satellite Insurance Market Research Report

Chapter 1 Space and Satellite Insurance Market Overview

Chapter 2 Global Economic Impact

Chapter 3 Competition by Manufacturer

Chapter 4 Production, Revenue (Value) by Region

Chapter 5 Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Production, Revenue (Value), Price Trend by Type

Chapter 7 Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Market Forecast

Chapter 13 Appendix

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