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 is a telecommunication tool that receives and transmits data using microwave signals. It transforms electromagnetic (EM) energy into electrical energy during transmission and reception. It includes the antenna structure, feed system, and beam-forming network. It helps decrease interference with undesired signals and concentrates the satellite transmitting power into a specified geographical region through space-based platforms using wide-ranging frequencies such as ultra-high frequency (UHF), very high frequency (VHF), and X, L, S, and C bands. As a result, satellite antennas are gaining traction across the globe for numerous applications.
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 market is primarily driven by the rising space exploration missions and the surging need for satellite-aided warfare systems. In addition, the escalating demand for electronically steered phased antennas (ESPA), on account of the widespread adoption of communication on the move (COTM) solutions for trains, ships, and commercial vehicles, is contributing to the market growth. Moreover, the rising use of satellite antennae in earth observation, weather forecast, climate monitoring, deforestation, space research projects, and remote sensing represents another major growth-inducing factor. Besides this, the introduction of smart antennas and phased array antennas which aid in reducing signal fading, enhance power control and offer high efficiency, is fuelling the market growth. In line with this, extensive research and development (R&D) activities conducted by leading players to reduce the launch cost of satellite miniaturization are propelling the market growth. Furthermore, the widespread adoption of reusable rocket technology, off-the-shelf CubeSats, and wireless mobile communications are also creating a positive market outlook.

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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

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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