Satellite Communication (SATCOM) Equipment Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2032

The report on the global satellite communication (SATCOM) equipment market provides qualitative and quantitative analysis for the period from 2022-2032. The global satellite communication (SATCOM) equipment market was valued at approximately USD 20 billion in 2023 and is expected to reach nearly USD 44 billion in 2032, with a CAGR of nearly 10% during the forecast period of 2024-2032. The study on satellite communication (SATCOM) equipment market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2022-2032.

The report on satellite communication (SATCOM) equipment market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global satellite communication (SATCOM) equipment market over the period of 2022-2032. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global satellite communication (SATCOM) equipment market over the period of 2022-2032. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

• The increasing use of satellite communication (SATCOM) in government and defense sectors is driving the market's growth.
• The increasing demand for rural and remote connectivity is stimulating the growth of the market.

2) Restraints

• Government regulation and policies can hamper the growth of the market.

3) Opportunities

• The increasing demand for high-speed internet offers lucrative opportunities for the growth of the market.

Research Methodology

A) Primary Research

Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include

1. Key Opinion Leaders associated with Infinium Global Research

2. Internal and External subject matter experts

3. Professionals and participants from the industry

Our primary research respondents typically include

1. Executives working with leading companies in the market under review

2. Product/brand/marketing managers

3. CXO level executives

4. Regional/zonal/ country managers

5. Vice President level executives.

B) Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include

1. Company reports and publications

2. Government/institutional publications

3. Trade and associations journals

4. Databases such as WTO, OECD, World Bank, and among others.

5. Websites and publications by research agencies

Segment Covered

The global satellite communication (SATCOM) equipment market is segmented on the basis of product, type, technology, and end user.

The Global Satellite Communication (SATCOM) Equipment Market by Product

• SATCOM Receiver
• SATCOM Transmitter/ Transponder
• SATCOM Antenna
• SATCOM Transceiver
• Other Products

The Global Satellite Communication (SATCOM) Equipment Market by Type

• Portable SATCOM Equipment
• Land Mobile SATCOM Equipment
• Airborne SATCOM Equipment

o Commercial Aircrafts

o Military Aircrafts

o Business Jets

o Unmanned Aerial Vehicles (UAVs)

• Land Fixed SATCOM Equipment
• Maritime SATCOM Equipment

The Global Satellite Communication (SATCOM) Equipment Market by Technology

• SATCOM VSAT
• SATCOM-on-the-Move
• SATCOM Telemetry
• SATCOM Automatic Identification System

The Global Satellite Communication (SATCOM) Equipment Market by End User

• Commercial

o Telecommunication & Cellular backhaul

o Media & Entertainment

o Business & Enterprises

o Transportation & Logistics

o Aviation

o Marine

o Others

• Government

o Military

o Homeland Security & Emergency Management

Company Profiles

The companies covered in the report include

• General Dynamics Mission Systems, Inc.
• L3Harris Technologies, Inc.
• AvL Technologies
• ND SatCom GmbH
• Hughes Network Systems, LLC
• GILAT SATELLITE NETWORKS
• Skybrokers BV
• Mitsubishi Electric Corporation
• Honeywell International Inc.
• Viasat, Inc.

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the satellite communication (SATCOM) equipment market.

2. Complete coverage of all the segments in the satellite communication (SATCOM) equipment market to analyze the trends, developments in the global market and forecast of market size up to 2032.

3. Comprehensive analysis of the companies operating in the global satellite communication (SATCOM) equipment market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify. Show more