𝐒𝐀𝐓𝐂𝐎𝐌 𝐄𝐐𝐔𝐈𝐏𝐌𝐄𝐍𝐓 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐦𝐚𝐧𝐝 & 𝐅𝐮𝐭𝐮𝐫𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐛𝐲 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟎 | 𝐂𝐨𝐦�

The global SATCOM equipment market size is expected to witness promising growth in the coming years on account of the rise in the number of small satellite launches. SATCOM equipment mainly comprises of the control system, communication payload, command, antenna, switching systems, transponder, and an antenna. They are used for a wide range of applications such as telecommunications, military service, weather monitoring, navigation, and others. More information on this market is provided in a recently published report by Fortune Business Insights™ titled, "SATCOM Equipment Market Size, Share & Industry Analysis, By Component (Transponders, Transceivers, Converters), By Satellite Type (Cubesat, Small, Medium, Large), By Application (Earth Observation & Remote Sensing, Communication, Scientific Research & Exploration, Navigation, Others), By End-User (Commercial, Government & Military) Others and Regional Forecast, 2019-2026."

𝐆𝐞𝐭 𝐚𝐧 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐀𝐓𝐂𝐎𝐌 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/satcom-equipment-market-102105

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐒𝐜𝐨𝐩𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭?

The report offers an extensive overview of the SATCOM equipment market based on parameters such as driving, repelling, promoting, and challenging factors. It also emphasizes on the different segments that the market is divided into based on factors such as component, satellite type, application, end user, and geography and throws light on the leading segments and their market figures. The report discusses the current SATCOM equipment market trends, recent industry developments, and other interesting insights into the market. It also studies the competitive landscape, list of players operating in it, and the names and critical strategies of key players to stand stiff in the competition and generate better revenue in the forecast period.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐒𝐀𝐓𝐂𝐎𝐌 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:

Cobham Plc (UK)
Mitsubishi Electric Corporation
General Dynamics Corporation (US)
Honeywell International Inc.
Tesat-Spacecom GmbH & Co. Kg
Oxford Space Systems
L3 Technologies (US)
Airbus SE
NEC Space Technologies, Ltd.
Gomspace A/S
Ball Aerospace and Technologies Corporation
Ruag Group
Antwerp Space
Maxar Technologies
Viasat (US), and Harris Corporation (US)
ISIS - Innovative Solutions in Space B.V.
Cobham PLC

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

𝐀𝐝𝐯𝐞𝐧𝐭 𝐨𝐟 𝟑𝐃 𝐏𝐫𝐢𝐧𝐭𝐞𝐝 𝐑𝐅 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭𝐬 𝐭𝐨 𝐂𝐫𝐞𝐚𝐭𝐞 𝐁𝐞𝐭𝐭𝐞𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬

The increasing number of small satellite launches is a significant factor in promoting the SATCOM equipment market growth. Additionally, the growing demand for Ka and Ku band satellites will also help augment the market in the forecast period. This, coupled with the rise in need for observing the earth and rising need for better satellite communication, will also aid in the expansion of the market. Furthermore, the increasing need for internet access to suffice to the growing demand for satellite networks.

However, regulatory challenges concerning the rising number of proposed small satellite launch or related to component design may pose a significant challenge to the market. Nevertheless, the new optical technology for inter-satellite communication, high data rate communication equipment, and the advent of 3D printed RF components are expected to offer lucrative growth opportunities for the market in the long run.

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐢𝐧𝐠 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:

https://www.fortunebusinessinsights.com/enquiry/queries/satcom-equipment-market-102105

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐰𝐢𝐥𝐥 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐢𝐭𝐡 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐍𝐮𝐦𝐛𝐞𝐫 𝐨𝐟 𝐒𝐚𝐭𝐞𝐥𝐥𝐢𝐭𝐞 𝐋𝐚𝐮𝐧𝐜𝐡𝐞𝐬

As per region, the market is segmented into Europe, North America, Asia Pacific, and the Rest of the World. Among these, the market is dominated by North America attributed to the rise in the number of satellite launches for 5G, thus driving the market in the U.S. Additionally, the market in Canada is engaging in the start of small satellites for research and development purposes, and this will further help this region continue dominating the market in the coming years.

On the other side, Asia Pacific is expected to earn a significant SATCOM equipment market share in the forthcoming years on account of the increasing investments in space programs by the government of India. Besides this, the launch of medium satellites in the nations of Germany and the UK will help the European market remarkably in the forecast period.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

𝐕𝐞𝐧𝐝𝐨𝐫𝐬 𝐄𝐧𝐠𝐚𝐠𝐢𝐧𝐠 𝐢𝐧 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐬 𝐰𝐢𝐭𝐡 𝐒𝐩𝐚𝐜𝐞 𝐀𝐠𝐞𝐧𝐜𝐢𝐞𝐬 𝐟𝐨𝐫 𝐁𝐞𝐭𝐭𝐞𝐫 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧

Companies operating in the global SATCOM equipment market are engaging in product development and up-gradation for gaining momentum in the market and reaching a prominent position in the competition. Companies are also striving to gain contracts with space agencies for implementing the latest technology into SATCOM services for a better experience. The government is also supporting this growth by adopting SATCOM services and implementing them in their defense services by getting into agreements and contracts worth millions with the vendors. Such initiatives will help attract high SATCOM equipment market revenue in the forecast period.

𝐒𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐀𝐓𝐂𝐎𝐌 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:

𝐍𝐨𝐯𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟏𝟗 - A contract worth USD 731.8 million was signed between the U.S Navy and General Dynamics Mission Systems Inc. for the MUOS communication system. MUOS is the next-generation satellite communication system that offers secure data and voice communications to the world from the U.S Navy.

𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟏𝟗 - A contract worth USD 89.9 million was assigned to Centurum Information Technology by the U.S. Department of Defense (DoD) for providing technical support for SATCOM services to the DoD.

𝐓𝐨 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭, 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞:

https://www.fortunebusinessinsights.com/checkout-page/102105

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This release was published on openPR.