The bifurcation point where a satellite component buds from another component is characterized by the existence of the common tangent line between the two osculating components appearing in the degree-n bifurcation set. We investigate the existence, location and number of bifurcation points for satellite components budding from the main component in the degree-n bifurcation set as well as a parametric boundary equation of the main component of the degree-n bifurcation set. Cusp points are also located on the boundary of the main component. Typical degree-n bifurcation sets and their components are illustrated with some computational results.