The Global Satellite Communication (SATCOM) Equipment Market size was valued at USD 18.63 billion in 2016 and is anticipated to cross USD xx.xx billion throughout the forecast timespan. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 8.02% during the forecast period that is 2017-2025. Some of the factors that are expected to fuel the growth of the SATCOM equipment market are increasing global connectivity, navigation, earth observation, and communication. Satellite communication equipment serves varied beneficial purposes, such as distance learning, television broadcasting, and cellular backhaul, etc. North America led the global SATCOM equipment market, in terms of revenue share, in 2018. It is expected to retain its leading position throughout the forecast years.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global SATCOM equipment market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global SATCOM equipment market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.    

Segment Analysis

This research report segments the market for satellite communication equipment on the basis of component, application, end-user and region along with forecast of revenue and analyzing trends in each of the submarkets.

Application Insights: On the basis of satellite the global satellite communication equipment market has been segmented into Earth Observation & Remote Sensing, Communication, Scientific Research & Exploration, Navigation and Others and others. The Earth Observation & Remote Sensing segment led the market growth in 2017 and is anticipated to be fastest growing segment over the forecast period in terms of demand and revenue. Other segment will contribute significant growth in coming years due to the products witnessing measurable demand. Each type is further described in detail in the report with value forecasts between 2017 and 2025 period.

Satellite Analysis: Based on application the satellite communication equipment market has been categorized into CubeSat, Small, Medium, Large and others. In 2018 the CubeSat segment was valued to collect healthy growth rate and is estimated to show it’s continue dominance over the forecast period in terms of revenue. Each end-user is further described in detail in the report with value forecasts for aforementioned period.

Segment Analysis

North America was valued significant growth in 2017 and is projected to be fastest growing region in the global satellite communication (SATCOM) equipment market over the forecast period in terms of revenue due to the huge satellite communication (SATCOM) equipment demand by the U.S. defense department and NASA and the growing demand for continuous communication by the defense industry. Europe will play significant growth in coming years because of some of the world-class research organizations presence in this region and developed economies which are spending more on space exploration such as Russia, U.K., France, and others. Asia Pacific is the largest market in the world for the satellite communication (SATCOM) equipment. China, India, Japan and Australia hold the maximum share for the market. The rising high investment by government and private sectors in SATCOM from emerging economies such as China and India will drive the market further.

Global Satellite Communication Equipment Market Size, Share Analysis, By Region 2017

Global Satellite Communication (SATCOM) Equipment Market Study Objective

1. To forecast the market size of the SATCOM equipment market in terms of quantity and income as well as market possibilities for shareholders, along with defining and identifying the market, in order to provide a competitive landscape for worldwide market players.

2. SATCOM equipment market analysis and forecast based on region, substratum, and implementation or end-use industries. Profiling significant market players and comprehensively analyzing their market stocks and vital skills.

3. To evaluate and elaborate important variables that will have an important effect on edge analytics market growth, such as drivers, constraints, difficulties, and prospects.

4. SATCOM equipment market regional assessment to stimulate the size of the market of five main worldwide areas, including Europe, North America, South America, Middle East & Africa, and The Asia Pacific.

5. Strategic assessment of micro markets in terms of individual prospects, possibilities, trends in development and general market participation.

6. To provide a detailed examination of competitive and strategic trends on the SATCOM equipment market such as a fresh product launch, partnership & contract, investment & development, and mergers & acquisitions of companies.

Key Players Landscape

The key players operating in the market are L3 Technologies, Inc., General Dynamics Corporation, Harris Corporation, Cobham Plc, Viasat, Inc., Gilat Satellite Networks, Campbell Scientific, Inc., Hughes Network Systems LLC, Aselsan A. S., and Communications & Power Industries LLC, among others.

Global Satellite Communication (SATCOM) Equipment Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.