The global satellite payloads market is estimated to be USD 11.84 Billion in 2017 and is projected to reach USD 18.15 Billion by 2022, at a CAGR of 8.92% during the forecast period. Increased demand for hosted payloads, satellite miniaturization, and reducing costs of satellites are the key factors expected to fuel the growth of the satellite payloads market. Based on orbit type, the LEO (Low Earth Orbit) segment is projected to lead the satellite payloads market during the forecast period. The satellite payloads designed for LEO are mainly used for earth observation, remote sensing, and mobile & telecommunication services due to lower latency. The communication payload segment is expected to lead the satellite payloads market during the forecast period Based on payload type, the communication payload segment is estimated to lead the satellite payloads market during the forecast period. This payload type is used for transmitting highly critical data. It is also used in the tel...