Global Satcom Equipment Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Component;

Transponders, Transceivers, Converters, Amplifiers, and Antennas.

By Satellite Type;

CubeSat, Small, Medium, and Large.

By Application;

Earth Observation & Remote Sensing, Communication, Scientific Research & Exploration, Navigation, and Others.

By End-User;

Commercial and Government & Military.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn972634104 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Satcom Equipment Market (USD Million), 2020 - 2030

In the year 2023, the Global Satcom Equipment Market was valued at USD 31,566.81 million. The size of this market is expected to increase to USD 109,851.50 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 19.5%.

SATCOM, short for satellite communication, involves the use of artificial geostationary satellites to receive radio signals from Earth, amplify them, and relay them back to terrestrial receivers. This technology plays a crucial role in telecommunications, supporting various applications ranging from telecommunication and space exploration to military communication. Advanced technologies such as phased array antennas and 3D printed RF equipment contribute to the market's growth by enabling broadband communication in space. Additionally, SATCOM is utilized by space agencies to meet the demand for strategic satellites, while armed forces rely on satellite communication for military equipment due to the increasing need for bandwidth.

Key drivers of the SATCOM market include the growing demand for Ku- and Ka-Band satellites, driven by the need for high throughput satellite services and the rising utilization of SATCOM equipment in various sectors such as space exploration, telecommunications, and telemetry. Furthermore, the increasing adoption of Internet of Things (IoT) devices and the demand for customized SATCOM solutions in industries like aviation are anticipated to propel market growth. However, challenges such as cybersecurity concerns and high service costs for satellites present obstacles to market expansion.

Market segmentation for SATCOM includes components like transponders, transceivers, converters, amplifiers, and antennas. Satellite types are categorized into CubeSat, small, medium, and large, while applications encompass earth observation & remote sensing, communication, scientific research & exploration, navigation, and others. End-user markets include commercial and military & government sectors. Geographically, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World, offering a comprehensive view of SATCOM's global landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Satellite Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Global Satcom Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Growing Popularity of Gliding and Recreational Flying Activities
        2. Increasing Participation in Competitive Gliding Events
        3. Expansion of Sailplane Manufacturing and Distribution Networks
      2. Restraints:
        1. Competition from Alternative Recreational Activities and Sports
        2. Aging Demographic of Experienced Glider Pilots
        3. Maintenance and Repair Costs for Sailplane Fleet
      3. Opportunities:
        1. Integration of Electric and Hybrid Propulsion Systems in Sailplanes
        2. Growth of Gliding Tourism and Adventure Travel Experiences
        3. Expansion of Glider Pilot Training Programs and Certification Courses
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Satcom Equipment Market, By Component, 2020 - 2030 (USD Million)
      1. Transponders
      2. Transceivers
      3. Converters
      4. Amplifiers
      5. Antennas
    2. Global Satcom Equipment Market, By Satellite Type, 2020 - 2030 (USD Million)
      1. CubeSat
      2. Small
      3. Medium
      4. Large
    3. Global Satcom Equipment Market, By Application, 2020 - 2030 (USD Million)
      1. Earth Observation & Remote Sensing
      2. Communication
      3. Scientific Research & Exploration
      4. Navigation
      5. Others
    4. Global Satcom Equipment Market, By End-User, 2020 - 2030 (USD Million)
      1. Commercial
      2. Government & Military
    5. Global Satcom Equipment Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Airbus SE
      2. Maxar Technologies
      3. Mitsubishi Electric Corporation
      4. General Dynamics Corporation
      5. Honeywell International In
      6. Harris Corporation
  7. Analyst Views
  8. Future Outlook of the Market

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