Press release
SATCOM on the Move Market to Witness the Highest Growth in North America Region
According to a research report "SATCOM on the Move Market by Platform (Land, Airborne, Maritime), Vertical (Government & Defense, Commercial), Frequency(C Band, L,&S Band, X Band, Ka Band, Ku Band, VHF/UHF Band, EHF/SHF Band, Multi Band, Q Band), and Region - Forecast to 2026" published by MarketsandMarkets, the SATCOM on the move market is estimated at USD 17.7 billion in 2021 and is projected to reach USD 42.8 billion by 2026, at a CAGR of 19.3% from 2021 to 2026.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=122774120
The SATCOM on the move market is growing at a significant rate across the world, and a similar trend is expected to be observed during the forecast period. The deployment of low earth orbit (LEO) satellites and constellations of satellites for communications applications has increased their demand across the globe. Other factors driving the market growth include growing demand for Ku- and Ka-band satellites, and the growing fleet of autonomous and connected vehicles used for various applications in the military and commercial sectors, which require customized SATCOM-on-the-move antennas.
Growing investments by several governments, particularly in developed and developing economies such as the US, India, and China, among others. COVID-19 has affected the SATCOM on the move market growth to some extent, and this varies from country to country. Industry experts believe that the pandemic has not affected the demand for SATCOM equipment.
Based on platform, airborne segment is estimated to account for the fastest growth of the SATCOM on the move market from 2021 to 2026.
Based on platform, airborne SATCOM segment is estimated to lead the SATCOM on the move market from 2021 to 2026 and is projected to grow further due to the increasing need for high-definition intelligence, surveillance, and reconnaissance (ISR) videos, and increasing number of connected commercial aircraft, rising adoption of UAVs and rising number of private aviation companies worldwide supporting market growth. In December 2019, The French Airforce have enhanced their Airborne Satellite communication capabilities by adopting new Thales technologies. The French Defense agency awarded a contract to Thales to design and built the next-generation Syracuse 4 satellite communication system. This contract enables French defense forces to improvise the SATCOM system in the Charles De Gaulle Aircraft Carrier and the Rafale combat aircraft.
Based on verticals, commercial segment is estimated to account for the fastest growth of the SATCOM on the move market from 2021 to 2026.
Based on verticals, the commercial segment is expected to lead the SATCOM on the move market from 2021 to 2026. This is due to increasing need for uninterrupted mobile broadband coverage in remote and far-flung regions, streaming information and entertainment, extensive use of small satellites for commercialization and data transferability, technological advancements in transport and logistics network, and increasing demand for broadband connections and VSAT connectivity. In July 2021, the Digital Communications Commission (DCC) accepted the sector regulator’s call to allow VSAT operators to provide satellite-based cellular backhaul connectivity to telcos to ensure uninterrupted mobile broadband coverage in remote and far-flung regions.
The North American market is projected to contribute the largest share from 2021 to 2026 in the SATCOM equipment market
Based on region, North America is expected to lead the SATCOM on the move market from 2021 to 2026. The US is a lucrative market for SATCOM equipment in the North American region. The US government is increasingly investing in the field of SATCOM to enhance the quality and effectiveness of satellite communication. The increasing investment on SATCOM equipment to enhance defense and surveillance capabilities of the armed forces, modernization of existing communication in military platforms, critical infrastructure and law enforcement agencies are increasingly using SATCOM equipment are key factors expected to drive the SATCOM on the move market in North America. In August 2020, The US Special Operations Command (USSOCOM) awarded Cubic Mission Solutions (CMS) a follow-on, single-award, indefinite-delivery/indefinite-quantity (ID/IQ) contract with a ceiling of USD 172 million. The contract is for the delivery of Ground Area Transmit Receive (GATR) inflatable SATCOM terminals and baseband communications equipment in support of the communications requirements of Special Operations Forces (SOF).
Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=122774120
Contracts were the main strategy adopted by leading players to sustain their position in the SATCOM equipment market, followed by new product developments with advanced technologies. Many companies also collaborated to set up special centers for the research & development of advanced SATCOM equipment.
The SATCOM on the move market is dominated by a few globally established players such as Thales Group (France), L3Harris Technologies (US), Honeywell International Inc. (US), Hughes Network Systems (US), Viasat, Inc. (US), among others.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release SATCOM on the Move Market to Witness the Highest Growth in North America Region here
News-ID: 2517364 • Views: …
More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…

With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…

Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…

Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for SATCOM
SATCOM Amplifier Systems Market Future Growth Potential, Demand, Analysis By 203 …
The New Market Research Report - SATCOM Amplifier Systems Market
The analysis tracks the impact of key market dynamics on the major challenges and the strategies adopted by key vendors and market players to overcome the challenges and expand their market presence. The study takes a closer look at the strategies and measures adopted by key stakeholders and investors to boost the development of product; the analysis will be useful in…
Aeronautical Satcom Market 2021 Analysis by Leading Players - Satcom Global, AER …
The Aeronautical Satcom market research report covers detailed information about market definitions and its classification, along with, global segmentation for the market, product overview, and industry outline. In addition, the research report offers a critical analysis of market dynamics, a detailed study of key regional trends, and further delivers country-level market scope and revenue of the Aeronautical Satcom Industry. Moreover, the Aeronautical Satcom market report holds industry regulatory policies, drivers,…
COVID-19 Impact on Aeronautical Satcom Market 2020 Growth, Opportunities and Key …
Aeronautical Satcom Industry 2020 Market report discusses the primary market growth drivers and challenges that the vendors and the market as a whole face and provide an overview of the key trends emerging in the industry. Aeronautical Satcom Market report covers the industry structure and even landscape, the problems along with business strategies and industry effectiveness.
Since the COVID-19 virus outbreak in December 2020, the disease has spread to over 210…
SATCOM Transceivers Market 2020-2027 :Agilis, SAGE Satcom, Advantech Wireless, A …
Global SATCOM Transceivers Market Research Report 2020-2027 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
(Exclusive Offer: Up…
SATCOM Amplifier Systems Market 2019: Top Key Players are ND Satcom, Comtech Tel …
SATCOM Amplifier Systems Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry.
Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13759344
Global SATCOM Amplifier Systems market 2019 research provides a basic overview of the industry…
SATCOM Amplifier Systems Market Research Report 2019-2025 | Top Key Players - Ad …
UpMarketResearch offers a latest published report on “Global SATCOM Amplifier Systems Market Analysis and Forecast 2019-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 112 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/46923
SATCOM Amplifier Systems Market research report delivers…