Satellite Antenna Market Size 2023 | Worth US$ 5.0 Billion by 2028 | Growth Rate (CAGR) of 6.99% | IMARC Group

The latest research study "Satellite Antenna Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that the global satellite antenna market size reached US$ 3.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.99% during 2023-2028.

A satellite antenna represents a communication tool designed to receive and transmit information using microwave signals. It converts electromagnetic (EM) into electrical energy during transmission and reception. Comprising a beam-forming network, an antenna structure, and a feed system, a satellite antenna is widely installed on maritime, land, airborne, and space-based platforms to communicate in wide-ranging frequencies, such as ultra-high frequency (UHF), X band, very high frequency (VHF), and C band. It also assists in reducing the interference from undesired signals and concentrating the transmitting power into a designated geographical region. 

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Satellite Antenna  Market Trends and Drivers: 

The escalating number of space exploration missions, the proliferation of small satellites, inflating investments, and the increasing demand for satellite-aided warfare systems are among the primary factors driving the satellite antenna market. Besides this, the elevating requirement for electronically steered phased antennas (ESPA), owing to the rising need for communication on the move (COTM) solutions for commercial vehicles, trains, and boats is further augmenting the market growth. Moreover, the introduction of phased array satellite antennas that provide high efficiency, low-drag, robust bird strike compliance, and equatorial or skew angle performance is also catalyzing the global market. Apart from this, the development of innovative and technologically advanced products that assist in minimizing signal fading, enhancing power control, and managing efficient wireless communications is acting as another significant growth-inducing factor. Additionally, the extensive utilization of satellites in remote sensing, earth observation, space research projects, weather forecast, climate monitoring, and deforestation is also stimulating the market growth. Furthermore, the widespread usage of wireless and mobile communications and the growing popularity of reusable rocket technology and off-the-shelf CubeSats are anticipated to propel the satellite antenna market over the forecasted period. 

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Satellite Antenna Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Airbus SE, Ball Corporation, Cobham Limited, General Dynamics Mission Systems (General Dynamics Corporation), Gilat Satellite Networks, Honeywell International Inc., L3Harris Technologies, MDA Ltd., Mitsubishi Electric Corporation, Norsat International Inc. (Hytera), Thales Group and Viasat Inc.

Breakup by Frequency Band:

C Band
K/KU/KA Band
X Band

Breakup by Technology:

SOTM
SOTP

Breakup by Antenna Type:

Flat Panel Antenna
Parabolic Reflector Antenna
Horn Antenna

Breakup by Platform:

Land Fixed
Land Mobile
Airborne
Maritime
Space

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Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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