Satellite communications is the use of satellite technology in the field of communications. The services provided by satellite communications are voice and video calling, internet, fax, television and radio channels.
Satellite communications can provide communication capabilities spanning long distances and can operate under circumstances or conditions which are inoperable for other forms of communication.
The Asia Pacific SATCOM equipment market is expected to witness the highest CAGR, owing to the increased use of satellite antennas in automobiles in the region. With recent space exploration missions by space agencies, such as Indian Space Research Organization (India) and China National Space Administration (China), the SATCOM equipment market has witnessed significant growth in the Asia Pacific region.
Market Analysis and Insights: Global Satellite Communication (SATCOM) Equipment Market
The global Satellite Communication (SATCOM) Equipment market was valued at US$ 19780 million in 2020 and it is expected to reach US$ 28310 million by the end of 2027, growing at a CAGR of 4.8% during 2021-2027.
Global Satellite Communication (SATCOM) Equipment Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Satellite Communication (SATCOM) Equipment Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Portable SATCOM Equipment
Land Mobile SATCOM Equipment
Maritime SATCOM Equipment
Airborne SATCOM Equipment
Land Fixed SATCOM Equipment
Segment by Application
Government & Defense
Commercial
By Company
General Dynamics
L3 Technologies
Harris
Cobham
Viasat
Iridium
Gilat Satellite Networks
Aselsan
Intellian Technologies
Hughes Network Systems
Newtec
Campbell Scientific
Nd Satcom
Satcom Global
Holkirk Communications
Network Innovations
Avl Technologies
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Satellite communications can provide communication capabilities spanning long distances and can operate under circumstances or conditions which are inoperable for other forms of communication.
The Asia Pacific SATCOM equipment market is expected to witness the highest CAGR, owing to the increased use of satellite antennas in automobiles in the region. With recent space exploration missions by space agencies, such as Indian Space Research Organization (India) and China National Space Administration (China), the SATCOM equipment market has witnessed significant growth in the Asia Pacific region.
Market Analysis and Insights: Global Satellite Communication (SATCOM) Equipment Market
The global Satellite Communication (SATCOM) Equipment market was valued at US$ 19780 million in 2020 and it is expected to reach US$ 28310 million by the end of 2027, growing at a CAGR of 4.8% during 2021-2027.
Global Satellite Communication (SATCOM) Equipment Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Satellite Communication (SATCOM) Equipment Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Portable SATCOM Equipment
Land Mobile SATCOM Equipment
Maritime SATCOM Equipment
Airborne SATCOM Equipment
Land Fixed SATCOM Equipment
Segment by Application
Government & Defense
Commercial
By Company
General Dynamics
L3 Technologies
Harris
Cobham
Viasat
Iridium
Gilat Satellite Networks
Aselsan
Intellian Technologies
Hughes Network Systems
Newtec
Campbell Scientific
Nd Satcom
Satcom Global
Holkirk Communications
Network Innovations
Avl Technologies
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.