Press release
The SATCOM Equipment Market Detailed Analysis Of Current Industry Trends, Growth Forecast To 2026
The SATCOM Equipment Market for space is projected to grow at a CAGR 7.49% rate from 2021 to 2026. One of the major factors the increasing launch of satellites for a variety of applications, such as navigation, communication, Earth observation, and remote sensing.View Complete Report @ https://whipsmartmi.com/Report/Satcom-Equipment-Market
The SATCOM Equipment Market has been segmented into Earth observation & remote sensing, communication, scientific research & exploration, navigation, and others and due to increase in demand for Earth observation, global connectivity, navigation, and communication the Earth observation & remote sensing segment is projected to grow at the highest rate from 2021 to 2026.
The SATCOM equipment market for space in North America is projected to grow at the highest CAGR during the forecast period due to the increasing launch of satellites in the region for communications, scientific research & development, and Earth observation.
Key Market Players include Airbus SE (Netherlands), Maxar Technologies (US), Mitsubishi Electric Corporation (Japan), General Dynamics Corporation (US), Honeywell International Inc. (US), Harris Corporation (US), ISIS - Innovative Solutions in Space B.V. (Netherlands), and Oxford Space Systems (UK).
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