
North America Satellite Communication Terminal Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Classification (C Band, X Band, S Band, Ku Band, and Ka Band) and Application (Military Use and Civil Use)
Description
North America Satellite Communication Terminal Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Classification (C Band, X Band, S Band, Ku Band, and Ka Band) and Application (Military Use and Civil Use)
The North America satellite communication terminal market is expected to grow from US$ 1,476.44 million in 2021 to US$ 2,214.65 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028.
The need for uninterrupted connectivity is growing across various domains in North America. Satellite communication terminals are used in various applications, such as weather forecasting, media & entertainment, aviation, television, internet, space, and telecommunication. Various technological developments to SATCOM terminals considerably contribute to the North America satellite communication terminal market growth. The growing need for communication on-the-move solutions for platforms, such as military vehicles, commercial vehicles, boats, and trains, is boosting the demand for respective satellite communication terminals. To stay aware of cyclones, tsunamis, and tornados, the need for accurate weather forecasting is growing across the region. With the launch of new airlines and a rise in investment in the aviation sector, the need for enhanced operational efficiencies and air traffic control is expected to increase significantly in the coming years. The International Air Transport Association (IATA) predicts that the number of air passengers is anticipated to reach ~7.2 billion by 2035, which nearly doubles the number of 3.8 billion air passengers in 2016. Thus, the growing telecommunication sector, media & broadcasting industry, and aviation sector are expected to drive the need for satellite communication terminals for uninterrupted connectivity, thereby boosting the satellite communication terminal market growth across North America.
North America is one of the most significant regions concerning the adoption and growth of new technologies due to favorable government policies to fuel innovation. The COVID-19 pandemic had an economic impact on a few industries, such as leisure, travel, and tourism. Aviation, media & entertainment, and telecommunication are among the significant fields that contribute majorly toward the growth of the in North America satellite communication terminal market. In April 2020, Nielsen, a US rating agency, estimated that people who had to stay at home led to a remarkable 60% increase in the amount of online and entertainment content watched in the US, Canada, and Mexico. The COVID-19 pandemic delayed the expansion project of Austin-Bergstrom Airport in the US, which hampered the satellite communication terminal market growth. Moreover, since nonessential activities were prohibited, the demand for small and portable SATCOM terminals from foresters, loggers, and geologists reduced remarkably. Restrictions, such as a limited workforce, impacted the market from the supply side. However, with increasing vaccination drives, the production of satellite communication terminals is also recovering.
With new features and technologies, vendors attract new customers and expand their footprints in emerging markets, which will drive the North America satellite communication terminal market growth.
North America Satellite Communication Terminal Market Revenue and Forecast to 2028 (US$ Million)
North America Satellite Communication Terminal Market Segmentation
North America Satellite Communication Terminal Market - By Classification
C Band X Band S Band Ku Band Ka Band North America Satellite Communication Terminal Market - By Application
Military Use Civil Use North America Satellite Communication Terminal Market, by Country
The US Canada Mexico North America Satellite Communication Terminal Market - Companies Mentioned
Airbus AVL Technologies Collins Aerospace General Dynamics Mission Systems, Inc. Honeywell International Inc. L3Harris Technologies, Inc. NEC Corporation ST Engineering Thales Group Viasat, Inc.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America satellite communication terminal market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the North America satellite communication terminal market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the satellite communication terminal market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The North America satellite communication terminal market is expected to grow from US$ 1,476.44 million in 2021 to US$ 2,214.65 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028.
The need for uninterrupted connectivity is growing across various domains in North America. Satellite communication terminals are used in various applications, such as weather forecasting, media & entertainment, aviation, television, internet, space, and telecommunication. Various technological developments to SATCOM terminals considerably contribute to the North America satellite communication terminal market growth. The growing need for communication on-the-move solutions for platforms, such as military vehicles, commercial vehicles, boats, and trains, is boosting the demand for respective satellite communication terminals. To stay aware of cyclones, tsunamis, and tornados, the need for accurate weather forecasting is growing across the region. With the launch of new airlines and a rise in investment in the aviation sector, the need for enhanced operational efficiencies and air traffic control is expected to increase significantly in the coming years. The International Air Transport Association (IATA) predicts that the number of air passengers is anticipated to reach ~7.2 billion by 2035, which nearly doubles the number of 3.8 billion air passengers in 2016. Thus, the growing telecommunication sector, media & broadcasting industry, and aviation sector are expected to drive the need for satellite communication terminals for uninterrupted connectivity, thereby boosting the satellite communication terminal market growth across North America.
North America is one of the most significant regions concerning the adoption and growth of new technologies due to favorable government policies to fuel innovation. The COVID-19 pandemic had an economic impact on a few industries, such as leisure, travel, and tourism. Aviation, media & entertainment, and telecommunication are among the significant fields that contribute majorly toward the growth of the in North America satellite communication terminal market. In April 2020, Nielsen, a US rating agency, estimated that people who had to stay at home led to a remarkable 60% increase in the amount of online and entertainment content watched in the US, Canada, and Mexico. The COVID-19 pandemic delayed the expansion project of Austin-Bergstrom Airport in the US, which hampered the satellite communication terminal market growth. Moreover, since nonessential activities were prohibited, the demand for small and portable SATCOM terminals from foresters, loggers, and geologists reduced remarkably. Restrictions, such as a limited workforce, impacted the market from the supply side. However, with increasing vaccination drives, the production of satellite communication terminals is also recovering.
With new features and technologies, vendors attract new customers and expand their footprints in emerging markets, which will drive the North America satellite communication terminal market growth.
North America Satellite Communication Terminal Market Revenue and Forecast to 2028 (US$ Million)
North America Satellite Communication Terminal Market Segmentation
North America Satellite Communication Terminal Market - By Classification
C Band X Band S Band Ku Band Ka Band North America Satellite Communication Terminal Market - By Application
Military Use Civil Use North America Satellite Communication Terminal Market, by Country
The US Canada Mexico North America Satellite Communication Terminal Market - Companies Mentioned
Airbus AVL Technologies Collins Aerospace General Dynamics Mission Systems, Inc. Honeywell International Inc. L3Harris Technologies, Inc. NEC Corporation ST Engineering Thales Group Viasat, Inc.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America satellite communication terminal market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the North America satellite communication terminal market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the satellite communication terminal market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
115 Pages
- 1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. North America Satellite Communication Terminal Market Landscape
- 4.1 Market Overview
- 4.2 North America PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 5. North America Satellite Communication Terminal Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Rising Demand for Defense Satellite Communication Solutions
- 5.1.2 Accentuating Need for Uninterrupted Connectivity
- 5.2 Market Restraints
- 5.2.1 Overpriced Satellite Communication Terminals
- 5.3 Market Opportunities
- 5.3.1 Surging Adoption of Portable and Small SATCOM Terminals
- 5.4 Future Trends
- 5.4.1 Escalating Requirement for Customized SATCOM Solutions
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Satellite Communication Terminal Market - North America Analysis
- 6.1 North America Satellite Communication Terminal Market Overview
- 6.2 North America Satellite Communication Terminal Market Forecast and Analysis
- 7. North America Satellite Communication Terminal Market Analysis - By Classification
- 7.1 Overview
- 7.2 North America Satellite Communication Terminal Market, By Classification (2020 and 2028)
- 7.3 C Band
- 7.3.1 Overview
- 7.3.2 C Band: Satellite Communication Terminal Market - Revenue and Forecast to 2028 (US$ Million)
- 7.4 X Band
- 7.4.1 Overview
- 7.4.2 X Band: Satellite Communication Terminal Market - Revenue and Forecast to 2028 (US$ Million)
- 7.5 S Band
- 7.5.1 Overview
- 7.5.2 S Band: Satellite Communication Terminal Market - Revenue and Forecast to 2028 (US$ Million)
- 7.6 Ku Band
- 7.6.1 Overview
- 7.6.2 Ku Band: Satellite Communication Terminal Market - Revenue and Forecast to 2028 (US$ Million)
- 7.7 Ka Band
- 7.7.1 Overview
- 7.7.2 Ka Band: Satellite Communication Terminal Market - Revenue and Forecast to 2028 (US$ Million)
- 8. North America Satellite Communication Terminal Market Analysis - By Application
- 8.1 Overview
- 8.2 North America Satellite Communication Terminal Market, By Application (2020 and 2028)
- 8.3 Military Use
- 8.3.1 Overview
- 8.3.2 Military Use: Satellite Communication Terminal Market - Revenue and Forecast to 2028 (US$ Million)
- 8.4 Civil Use
- 8.4.1 Overview
- 8.4.2 Civil Use: Satellite Communication Terminal Market - Revenue and Forecast to 2028 (US$ Million)
- 9. North America Satellite Communication Terminal Market - Country Analysis
- 9.1 Overview
- 9.1.1 North America Satellite Communication Terminal Market Breakdown, by Country
- 9.1.1.1 US Satellite Communication Terminal Market, Revenue and Forecast to 2028
- 9.1.1.1.1 US Satellite Communication Terminal Market Breakdown, by Classification
- 9.1.1.1.2 US Satellite Communication Terminal Market Breakdown, by Application
- 9.1.1.2 Canada Satellite Communication Terminal Market, Revenue and Forecast to 2028
- 9.1.1.2.1 Canada Satellite Communication Terminal Market Breakdown, by Classification
- 9.1.1.2.2 Canada Satellite Communication Terminal Market Breakdown, by Application
- 9.1.1.3 Mexico Satellite Communication Terminal Market, Revenue and Forecast to 2028
- 9.1.1.3.1 Mexico Satellite Communication Terminal Market Breakdown, by Classification
- 9.1.1.3.2 Mexico Satellite Communication Terminal Market Breakdown, by Application
- 10. North America Satellite Communication Terminal Market - COVID-19 Impact Analysis
- 10.1 North America: Impact Assessment of COVID-19 Pandemic
- 11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 12. Company Profiles
- 12.1 Airbus
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 AVL Technologies
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Collins Aerospace
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 General Dynamics Mission Systems, Inc.
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Honeywell International Inc.
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 L3Harris Technologies, Inc.
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 NEC Corporation
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 ST Engineering
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Thales Group
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 Viasat, Inc.
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
- 13. Appendix
- 13.1 About The Insight Partners
- 13.2 Glossary
- List of Tables
- Table 1. North America Satellite Communication Terminal Market - Revenue, and Forecast to 2028 (US$ Million)
- Table 2. US Satellite Communication Terminal Market, Revenue and Forecast to 2028 - By Classification (US$ million)
- Table 3. US Satellite Communication Terminal Market, Revenue and Forecast to 2028 - By Application (US$ million)
- Table 4. Canada Satellite Communication Terminal Market, Revenue and Forecast to 2028 - By Classification (US$ million)
- Table 5. Canada Satellite Communication Terminal Market, Revenue and Forecast to 2028 - By Application (US$ million)
- Table 6. Mexico Satellite Communication Terminal Market, Revenue and Forecast to 2028 - By Classification (US$ million)
- Table 7. Mexico Satellite Communication Terminal Market, Revenue and Forecast to 2028 - By Application (US$ million)
- Table 8. Glossary of Terms
- List of Figures
- Figure 1. North America Satellite Communication Terminal Market Segmentation
- Figure 2. North America Satellite Communication Terminal Market Segmentation - Country
- Figure 3. North America Satellite Communication Terminal Market Overview
- Figure 4. North America Satellite Communication Terminal Market, By Classification
- Figure 5. North America Satellite Communication Terminal Market, By Country
- Figure 6. North America PEST Analysis
- Figure 7. North America Satellite Communication Terminal Market Ecosystem Analysis
- Figure 8. Expert Opinion
- Figure 9. North America Satellite Communication Terminal Market Impact Analysis of Drivers and Restraints
- Figure 10. North America Satellite Communication Terminal Market, Forecast and Analysis (US$ Mn)
- Figure 11. North America Satellite Communication Terminal Market Revenue Share, by Classification (2020 and 2028)
- Figure 12. North America C Band: Satellite Communication Terminal Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 13. North America X Band: Satellite Communication Terminal Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 14. North America S Band: Satellite Communication Terminal Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 15. North America Ku Band: Satellite Communication Terminal Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 16. North America Ka Band: Satellite Communication Terminal Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 17. North America Satellite Communication Terminal Market Revenue Share, by Application (2020 and 2028)
- Figure 18. North America Military Use: Satellite Communication Terminal Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 19. North America Civil Use: Satellite Communication Terminal Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 20. North America: Satellite Communication Terminal Market Overview, By Country - 2020 (US$ Mn)
- Figure 21. North America Satellite Communication Terminal Market Breakdown, by Country, 2020 & 2028 (%)
- Figure 22. US Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)
- Figure 23. Canada Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)
- Figure 24. Mexico Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)
- Figure 25. Impact of COVID-19 Pandemic in North America Country Markets
Pricing
Currency Rates
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