The global satellite communication equipment market size is expected to be worth around US$ 60.7 billion by 2030, according to a new report by Vision Research Reports.
The global satellite communication equipment market size was valued at US$ 21 billion in 2020 and is anticipated to grow at a CAGR of 20.1% during forecast period 2021 to 2030.
Report Coverage
Report Scope | Details |
Market Size | US$ 60.7 billion by 2030 |
Growth Rate | CAGR of 20.1% From 2021 to 2030 |
Base Year | 2021 |
Forecast Period | 2021 to 2030 |
Segments Covered | Solution, Platform, Technology, Vertical, Connectivity, Frequency |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | Thales Group (France), L3Harris Technologies (US), Honeywell International Inc. (US), Hughes Network Systems (US), Viasat, Inc. (US) are some of the major players of SATCOM equipment market. (25 Companies) |
Growth Factors
SATCOM equipment is an integral part of the communication in commercial and defense industry. The deployment of low earth orbit (LEO) satellites and constellations of satellites for communications applications has increased their demand across the globe. Other factors driving the market growth include growing demand for Ku- and Ka-band satellites, and the growing fleet of autonomous and connected vehicles used for various applications in the military and commercial sectors, which require customized SATCOM-on-the-move antennas.
Increased demand for communication on-the-move (OTM) solutions for platforms such as commercial vehicles, military vehicles, trains, and boats has led to the greater use of electronically steered phased antennas (ESPA). These antennas can track and maintain satellite links even when platforms such as military vehicles, trains, or boats, are in motion. Hybrid beam steering is used in this phased array for OTM, both electronically for elevation and mechanically for azimuth. As an antenna terminal’s steering plays a major role in acquiring a satellite link, ESPA is used to eliminate mechanical motion.
By Platform Analysis
Based on platform, airborne SATCOM segment is estimated to lead the SATCOM equipment market from 2021 to 2030 and is projected to grow further due to the increasing need for high-definition intelligence, surveillance, and reconnaissance (ISR) videos, and an increasing number of connected commercial aircraft, rising adoption of UAVs and rising number of private aviation companies worldwide supporting market growth.By Solution Analysis
Based on the solution, the market for product is expected to lead the SATCOM equipment market from 2021 to 2030. This is due to the increasing demand of phased-array antenna systems in airborne and maritime platforms, high-speed data communication in aircrafts, the need for high-bandwidth data in harsh and isolated environments, and weather-proof enclosures that protect SATCOM antennas.
By Verticals Analysis
Based on verticals, commercial segment is expected to lead the SATCOM equipment market from 2021 to 2030. This is due to the increasing need for uninterrupted mobile broadband coverage in remote and far-flung regions, streaming information and entertainment, extensive use of small satellites for commercialization and data transferability, technological advancements in transport and logistics network, and increasing demand for broadband connections and VSAT connectivity.
By Regional Analysis
Based on region, North America is expected to lead the SATCOM equipment market from 2021 to 2030. The US is a lucrative market for SATCOM equipment in the North American region. The US government is increasingly investing in the field of SATCOM to enhance the quality and effectiveness of satellite communication. The increasing investment on SATCOM equipment to enhance defense and surveillance capabilities of the armed forces, modernization of existing communication in military platforms, critical infrastructure, and law enforcement agencies are increasingly using SATCOM equipment are key factors expected to drive the SATCOM equipment market in North America
Key Players
Thales Group (France), L3Harris Technologies (US), Honeywell International Inc. (US), Hughes Network Systems (US), Viasat, Inc. (US) are some of the major players of SATCOM equipment market. (25 Companies)
Market Segmentation
By Solution
Products
Services
By Platform
Portable
Land Mobile
By Technology
SOTM/COTM
SOTP
By Vertical
Commercial
Government & Defense
Regional
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Asia Pacific
China
Japan
India
South America
Brazil
Middle East & Africa (MEA)
The Satellite Communication Equipment market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Satellite Communication Equipment market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Satellite Communication Equipment market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Satellite Communication Equipment market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Satellite Communication Equipment market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Satellite Communication Equipment capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Satellite Communication Equipment by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Satellite Communication Equipment market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Satellite Communication Equipment market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Satellite Communication Equipment market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Satellite Communication Equipment industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Satellite Communication Equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Satellite Communication Equipment market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Satellite Communication Equipment market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Satellite Communication Equipment market. These factors have benefited the growth of the global market for Satellite Communication Equipment. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Satellite Communication Equipment. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Satellite Communication Equipment are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Satellite Communication Equipment Market, By Solution
7.1. Satellite Communication Equipment Market, by Solution, 2021-2030
7.1.1. Products
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Services
7.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Satellite Communication Equipment Market, By Platform
8.1. Satellite Communication Equipment Market, by Platform, 2021-2030
8.1.1. Portable
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Land Mobile
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Land Fixed
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Airborne
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Maritime
8.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Satellite Communication Equipment Market, By Technology
9.1. Satellite Communication Equipment Market, by Technology, 2021-2030
9.1.1. SOTM/COTM
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. SOTP
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Satellite Communication Equipment Market, By Vertical
10.1. Satellite Communication Equipment Market, by Vertical, 2021-2030
10.1.1. Commercial
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Government & Defense
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Satellite Communication Equipment Market, By Connectivity
11.1. Satellite Communication Equipment Market, by Connectivity, 2021-2030
11.1.1. LEO orbit
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. MEO/GEO orbit
11.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Satellite Communication Equipment Market, By Frequency
12.1. Satellite Communication Equipment Market, by Frequency, 2021-2030
12.1.1. C Band
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. L,&S Band
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. X Band
12.1.3.1. Market Revenue and Forecast (2017-2030)
12.1.4. Ka Band
12.1.4.1. Market Revenue and Forecast (2017-2030)
12.1.5. Ku Band
12.1.5.1. Market Revenue and Forecast (2017-2030)
12.1.6. UHF Band
12.1.6.1. Market Revenue and Forecast (2017-2030)
12.1.7. SHF Band
12.1.7.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Satellite Communication Equipment Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Solution (2017-2030)
13.1.2. Market Revenue and Forecast, by Platform (2017-2030)
13.1.3. Market Revenue and Forecast, by Technology (2017-2030)
13.1.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.1.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.1.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.1.7. U.S.
13.1.7.1. Market Revenue and Forecast, by Solution (2017-2030)
13.1.7.2. Market Revenue and Forecast, by Platform (2017-2030)
13.1.7.3. Market Revenue and Forecast, by Technology (2017-2030)
13.1.7.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.1.7.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.1.7.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Solution (2017-2030)
13.1.8.2. Market Revenue and Forecast, by Platform (2017-2030)
13.1.8.3. Market Revenue and Forecast, by Technology (2017-2030)
13.1.8.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.1.8.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.1.8.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Solution (2017-2030)
13.2.2. Market Revenue and Forecast, by Platform (2017-2030)
13.2.3. Market Revenue and Forecast, by Technology (2017-2030)
13.2.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.2.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.2.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.2.7. UK
13.2.7.1. Market Revenue and Forecast, by Solution (2017-2030)
13.2.7.2. Market Revenue and Forecast, by Platform (2017-2030)
13.2.7.3. Market Revenue and Forecast, by Technology (2017-2030)
13.2.7.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.2.7.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.2.7.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.2.8. Germany
13.2.8.1. Market Revenue and Forecast, by Solution (2017-2030)
13.2.8.2. Market Revenue and Forecast, by Platform (2017-2030)
13.2.8.3. Market Revenue and Forecast, by Technology (2017-2030)
13.2.8.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.2.8.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.2.8.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.2.9. France
13.2.9.1. Market Revenue and Forecast, by Solution (2017-2030)
13.2.9.2. Market Revenue and Forecast, by Platform (2017-2030)
13.2.9.3. Market Revenue and Forecast, by Technology (2017-2030)
13.2.9.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.2.9.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.2.9.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.2.10. Rest of Europe
13.2.10.1. Market Revenue and Forecast, by Solution (2017-2030)
13.2.10.2. Market Revenue and Forecast, by Platform (2017-2030)
13.2.10.3. Market Revenue and Forecast, by Technology (2017-2030)
13.2.10.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.2.10.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.2.10.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Solution (2017-2030)
13.3.2. Market Revenue and Forecast, by Platform (2017-2030)
13.3.3. Market Revenue and Forecast, by Technology (2017-2030)
13.3.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.3.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.3.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.3.7. India
13.3.7.1. Market Revenue and Forecast, by Solution (2017-2030)
13.3.7.2. Market Revenue and Forecast, by Platform (2017-2030)
13.3.7.3. Market Revenue and Forecast, by Technology (2017-2030)
13.3.7.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.3.7.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.3.7.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Solution (2017-2030)
13.3.8.2. Market Revenue and Forecast, by Platform (2017-2030)
13.3.8.3. Market Revenue and Forecast, by Technology (2017-2030)
13.3.8.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.3.8.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.3.8.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.3.9. Japan
13.3.9.1. Market Revenue and Forecast, by Solution (2017-2030)
13.3.9.2. Market Revenue and Forecast, by Platform (2017-2030)
13.3.9.3. Market Revenue and Forecast, by Technology (2017-2030)
13.3.9.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.3.9.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.3.9.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.3.10. Rest of APAC
13.3.10.1. Market Revenue and Forecast, by Solution (2017-2030)
13.3.10.2. Market Revenue and Forecast, by Platform (2017-2030)
13.3.10.3. Market Revenue and Forecast, by Technology (2017-2030)
13.3.10.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.3.10.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.3.10.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Solution (2017-2030)
13.4.2. Market Revenue and Forecast, by Platform (2017-2030)
13.4.3. Market Revenue and Forecast, by Technology (2017-2030)
13.4.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.4.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.4.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.4.7. GCC
13.4.7.1. Market Revenue and Forecast, by Solution (2017-2030)
13.4.7.2. Market Revenue and Forecast, by Platform (2017-2030)
13.4.7.3. Market Revenue and Forecast, by Technology (2017-2030)
13.4.7.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.4.7.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.4.7.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Solution (2017-2030)
13.4.8.2. Market Revenue and Forecast, by Platform (2017-2030)
13.4.8.3. Market Revenue and Forecast, by Technology (2017-2030)
13.4.8.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.4.8.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.4.8.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.4.9. South Africa
13.4.9.1. Market Revenue and Forecast, by Solution (2017-2030)
13.4.9.2. Market Revenue and Forecast, by Platform (2017-2030)
13.4.9.3. Market Revenue and Forecast, by Technology (2017-2030)
13.4.9.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.4.9.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.4.9.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.4.10. Rest of MEA
13.4.10.1. Market Revenue and Forecast, by Solution (2017-2030)
13.4.10.2. Market Revenue and Forecast, by Platform (2017-2030)
13.4.10.3. Market Revenue and Forecast, by Technology (2017-2030)
13.4.10.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.4.10.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.4.10.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Solution (2017-2030)
13.5.2. Market Revenue and Forecast, by Platform (2017-2030)
13.5.3. Market Revenue and Forecast, by Technology (2017-2030)
13.5.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.5.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.5.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.5.7. Brazil
13.5.7.1. Market Revenue and Forecast, by Solution (2017-2030)
13.5.7.2. Market Revenue and Forecast, by Platform (2017-2030)
13.5.7.3. Market Revenue and Forecast, by Technology (2017-2030)
13.5.7.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.5.7.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.5.7.6. Market Revenue and Forecast, by Frequency (2017-2030)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Solution (2017-2030)
13.5.8.2. Market Revenue and Forecast, by Platform (2017-2030)
13.5.8.3. Market Revenue and Forecast, by Technology (2017-2030)
13.5.8.4. Market Revenue and Forecast, by Vertical (2017-2030)
13.5.8.5. Market Revenue and Forecast, by Connectivity (2017-2030)
13.5.8.6. Market Revenue and Forecast, by Frequency (2017-2030)
Chapter 14. Company Profiles
14.1. Thales Group (France)
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. L3Harris Technologies
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Honeywell International Inc.
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Hughes Network Systems
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Viasat, Inc.
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms