Satellite Communication (SATCOM) Equipment Market: Summary
The global satellite communication (SATCOM) equipment market is estimated to reach USD 32.6 Billion in 2024 at a CAGR of 6.7%. Growing demand of uninterrupted broadcasting and increasing adoption of IoT (Internet of Things) is expected to drive the satellite communication (SATCOM) equipment market during the forecast period. However, high deployment cost is expected to restrain the market during the forecast period. New service demands in civilian and defense-related markets is expected to become an opportunity for satellite communication (SATCOM) equipment market.
Satellite communication is defined as the communication taking place between two earth stations using satellite. In satellite communication the siganls are transferred as electromagnetic waves carrying information such as voice, audio, or any other data. satellite communication (SATCOM) equipments are those components which are used in the assembly of various communication satellites. Satellite communication covers majority of the space industry. Some key players in satellite communication (SATCOM) equipment are ST Engineering iDirect, Inc. dba iDirect, General Dynamics Corporation, L3Harris Technologies, Inc., Cobham plc, and Viasat, Inc. among others.
Satellite Communication (SATCOM) Equipment Market: Report Synopsis
This market research report offers a comprehensive analysis of key market trends in the global satellite communication (SATCOM) equipment market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks.
- Based on component: Space segment and earth segment.
- By application: Telecom, television broadcasting, GPS.
defence communication, and others.
- By end-user: Aerospace & defense, maritime,
government and public sector, internet service provider, and others.
Satellite Communication (SATCOM) Equipment Market: Report Scope
The report on the satellite communication (SATCOM) equipment market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2019-2024 (2019 estimated year, forecasted up to 2024)
Value (USD Million)
Component, Application, End Use Industry
Asia-Pacific, North America, Europe, Middle East & Africa, South America
- ST Engineering iDirect, Inc. dba iDirect (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- General Dynamics Corporation
- L3Harris Technologies, Inc.
- Cobham plc
- Viasat, Inc.
- Gilat Satellite Networks
- Aselsan A.Ş
- Intellian Technologies, Inc.
- Iridium Communications Inc.
- Campbell Scientific, Inc
- Holkirk Communications Ltd.
- Other Key Companies
Satellite Communication (SATCOM) Equipment Market: Report Segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Satellite Communication (SATCOM) Equipment Market by Component
- Space Segment
- Low Noise Amplifier
- Power Amplifier
- Passive components
- Earth Segment
- Up Converter
- High Power Amplifier
- Parabolic Reflectors
- Down Converter
Satellite Communication (SATCOM) Equipment Market by Application
- Television Broadcasting
- Defense Communication
- Global Positioning Services (GPS)
Satellite Communication (SATCOM) Equipment Market by End Use Industry
- Aerospace & Defense
- Internet Service Provider
- Government and Public Sector
Satellite Communication (SATCOM) Equipment Market Market by Region
- Hong Kong
- Rest of Asia-Pacific
- North America
- Rest of Europe
- Middle East and Africa
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Rest of South America
Key Questions answered by the report
- What are the major developments impacting the satellite communication equipment market and its growth?
- What will be the effects of the developments in the satellite communication equipment market on the industry and on the market players in the near and far future?
- What are the evolving types of the satellite communication equipment market?
- What are the evolving applications of satellite communication equipment market?
- What are the major characteristics that will affect the satellite communication equipment market growth during the study period?
- Who are the key players operating in the satellite communication equipment market?
- How are the major players leveraging in the existing market conditions?
- Satellite Communication Equipment Market Providers
- Satellite Communication Equipment Market Solution and Services Suppliers, Distributors and Dealers
- End-Users of Varied Segments of Satellite Communication Equipment Market
- Government Bodies and Intellectual Institutions
- Associations and Industrial Organizations
- Research & Consulting Service Providers
- Research & Development Organizations
- Investment Banks & Private Equity Firms
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE SATELLITE COMMUNICATION (SATCOM) EQUIPMENT MARKET STUDY