Space SATCOM Equipment Market Share 2021: Global Trends, Key Players, Industry Analysis Report to 2027

The Space SATCOM Equipment Market is projected to grow at a significant CAGR during the forecast period. SATCOM equipment is comprised of certain devices that enable communication with satellites, such as space antennas, amplifiers, and transceivers. SATCOM handles the information and communication infrastructure of the space industry and hence it is considered as a backbone of space agencies and private space companies. Few major factors which are expected to boost the market growth include the rise in the demand for earth observation applications by government agencies and private companies. General-purpose use of SATCOM is in applications such as digital satellite newsgathering (DSNG), direct-to-home television broadcasting, telecommunication, weather tracking, and others
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The key market players in the market include Airbus SE, Mitsubishi Electric Corporation, Harris Corporation, and Oxford Space System. The defense department of various countries, commercial space research firms are increasing the launch of satellites primarily for communication purposes, earth observation, navigation, remote sensing, and a variety of applications that drives the space SATCOM equipment market. Demand for enriched data communication, increased government expenditure on space programs are the factors that increase the demand for the space SATCOM equipment. Moreover, demand for 5G high-speed internet, optical communication, a surge in cloud-based platforms, increasing global connectivity, and remote 3D printing present new pathways in the industry. Frequent satellite launches and a rise in expenditure on space programs are expected to drive the growth in the global space SATCOM equipment market.
Space SATCOM Equipment Market- Segmentation

Based on Satellite Type

• Cube Sat (0.25U–27U)
• Small Satellite (1–500 KG)
• Nano satellite (1–10 KG)
• Micro satellite (11–100 KG)
• Mini satellite (101–500 KG)
• Medium Satellite (501–2,500 KG)
• Large Satellite (>2,500 KG)

Based on Application

• Earth Observation & Remote Sensing
• Communication
• Scientific Research & Exploration
• Navigation
• Others

Based on Component

• Transponders
• Transceivers
• Converters
• Amplifiers
• Space Antennas
• Others

Based on End User

• Commercial
• Satellite Operators/Owners
• Scientific Research & Development
• Energy Industry
• Air Traffic & Navigation Service Providers
• Media & Entertainment
• Government & Military
• Space Agencies
• Department of Defense & Intelligence Agencies
• Search & Rescue Entities
• Academic Research Institutions
• Commercial, Government, & Military

Segment by Region

North America

• US
• Canada
• Mexico

Europe

• Germany
• France
• Italy
• Spain
• UK
• Rest of Europe

Asia-Pacific

• Japan
• China
• India
• Australia and New Zealand
• Rest of Asia-Pacific

Rest of the World

• South America
• Middle East
• Africa

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Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Space SATCOM Equipment Market Report

• What was the Space SATCOM Equipment Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Space SATCOM Equipment Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Space SATCOM Equipment Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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