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Satellite Antenna Market Trends 2023-2032: Growth Drivers, Share And Analysis | Airbus SAS, Cobham PLC, Dettwiler and Associates Ltd., Elite Antennas Ltd., General Dynamics Corporation
Satellite Antenna Market
Satellite Antenna Market Size, Growth Rate, And Forecast
The global satellite antenna market size grew from $3.06 billion in 2022 to $3.42 billion in 2023 at a compound annual growth rate (CAGR) of 11.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The satellite antenna market size is expected to grow to $5.2 billion in 2027 at a CAGR of 11.1%.
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Satellite Antenna Market Drivers
The rise in demand for small satellites is driving the satellite antenna market. Small satellites are cost-efficient and cheaper to launch while offering effective connectivity. According to Euroconsult, a France-based satellite consulting firm, 1805 small satellites were placed in orbit between 2010 and 2020, while the number is expected to rise to 10,000 by 2030.
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Satellite Antenna Market Segments
By Antenna Type: Flat Panel Antenna, Parabolic Reflector Antenna, Horn Antenna.
By Component Type: Reflectors, Feed Horns, Feed Networks, Low Noise Converters, Other Component Types.
By Frequency Band: C Band, K/KU/KA Band, S And L Band, X Band, VHF And UHF Band, Other Frequency Bands.
By Application: Space, Land, Maritime.
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Satellite Antenna market.
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Satellite Antenna Market Key Players
Major competitors in the satellite antenna market include Airbus SAS, Cobham PLC, Dettwiler and Associates Ltd., Elite Antennas Ltd., General Dynamics Corporation, Gilat Satellite Networks, Harris Corporation, Honeywell International Inc.
The Business Research Company's "Global Satellite Antenna Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Satellite Antenna Market Include:
1. Executive Summary
2. Satellite Antenna Market Characteristics
3. Satellite Antenna Market Trends And Strategies
4. Satellite Antenna Market - Macro Economic Scenario
5. Satellite Antenna Market Size And Growth
……
26. Africa Satellite Antenna Market
27. Satellite Antenna Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Satellite Antenna Market
29. Satellite Antenna Market Future Outlook and Potential Analysis
30. Appendix
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