Global Satellite Communications Equipment (SATCOM) Market, By Product (Receiver, Transmitter/Transpo

Published Date: | Report Code : AD1912112

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Market Dynamics:

The Satellite Communications Equipment Market is expected to promise high growth owing to the increasing demand for communication device manufacturers the recent years. Increasing demand from end-use industries defense & military, government, commercial, and Others is expected to drive the growth of the satellite communications equipment market. This market has witnessed a number of key developments by major companies including Cobham Plc, L3 Technologies, Harris Corporation, Viasat, and General Dynamics Corporation, and others with a focus on organic as well as inorganic growth strategies.  Developing regions including the Asia Pacific and the Middle East have been among the high potential markets with high growth in some of the key economies.

Satellite communications are telecommunication systems, which provide communication links between various points on earth. They provide telephonic services, radio connectivity, television broadcast, etc. They also provide radio communications for the defense sector in areas where there is no means of communication. They are used in many industries such as aerospace, military, broadcasting channels, etc. They help in establishing a connection that involves up-linking of a signal from an earth station to a satellite via satellite gateway or antennas.

The increasing demand for enriched data communication and high communication capacity channels are driving the growth of the SATCOM market. Moreover, increasing cloud-based platforms, satellite technologies, and development of defense communication gadgets are also contributing to the growth of this market. North America is expected to lead the market due to the increasing number of communication equipment manufacturers in the US, followed by Europe and Asia Pacific.

Key Factors Impacting Market Growth:

  • Increasing communication device manufacturers
  • Military requirement of satellite communication equipment

Regional Analysis:

The Satellite Communications Equipment Market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and Rest of the World. The rest of the World includes South America and Africa. North America and European region have been traditional regions for the aerospace & defense sector with presence of major manufacturers and high market demand. In addition to this, these regions have been aggressive in terms of technological developments and research. This is one of the key factors governing the demand for the satellite communications equipment market during the forecast period. Major countries in these regions include US, France, UK, Germany, Italy, Russia, Canada, and So on. This sector is one of the key contributors to the economies in the region.

The Asia Pacific is estimated to be the fastest growing region with increase expenditure on defense and space research. With the presence of some of fastest growing economies including India and China, this region is projected to be a major market for satellite communications equipment during the forecast period. Other key countries in the region include South Korea, Japan, and Australia. The Middle East region promises a high potential demand for satellite communications equipment market during the forecast period. Major countries in this region include UAE, Saudi Arabia, Iran, Israel, and others. The rest of World is an emerging market for satellite communications equipment with demand from countries including South Africa, Brazil, Argentina, Nigeria, and others during the forecast period.

Companies Covered:  Cobham Plc, L3 Technologies, Harris Corporation, Viasat, and General Dynamics Corporation…

Market Segmentation:

By Product:

  • Receiver
  • Transmitter/Transponder
  • Transceiver
  • Antenna 
  • Others

By End-Use Industry:

  • Defense & Military
  • Government
  • Commercial
  • Others

By Technology:

  • VSAT
  • SATCOM on the Move
  • SATCOM on the Pause

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Product
    • By End-Use Industry
    • By Technology
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Europe)
    • By Product
    • By End-Use Industry
    • By Technology
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Product
    • By End-Use Industry
    • By Technology
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product
    • By End-Use Industry
    • By Technology
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Product
    • By End-Use Industry
    • By Technology
  • Rest of the World
    • By Country (South America, Africa)
    • By Product
    • By End-Use Industry
    • By Technology

Reasons To Buy This Report:

  • Market size estimation of the satellite communications equipment market on regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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