Press release
Global Satellite Communication (SATCOM) Equipment Market - By Size, Share Analysis, Growth Trends And Forecasts 2023-2032
Satellite Communication (SATCOM) Equipment Market
The Business Research Company's Satellite Communication (SATCOM) Equipment Global Market Report 2023 identifies increasing number of mobile satellite services and small satellites as the major driver for the Satellite Communication (SATCOM) Equipment market's growth in the forecast period. Mobile satellite services (MSS) offer two-way voice and data communications to people all over the world who are travelling or residing in remote areas. Widespread adoption of small satellites and mobile satellites is increasing as it gives the entire programme crucial flexibility for earth science research missions.
The global satellite communication (satcom) equipment market size grew from $34.4 billion in 2022 to $39.43 billion in 2023 at a compound annual growth rate (CAGR) of 14.6%. 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 communication (satcom) equipment market size is expected to grow to $67.68 billion in 2027 at a CAGR of 14.5%.
Download Free Sample Of Satellite Communication (SATCOM) Equipment Market Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=7725&type=smp
Major competitors in the Satellite Communication (SATCOM) Equipment market are SKY Perfect JSAT Holdings Inc., L3 Technologies Inc., SES S.A., Telesat LLC, Intelsat S.A., Viasat Inc.
A key trend in the Satellite Communication (SATCOM) Equipment market includes product innovations. Major companies operating in the satellite communication equipment sector are focused on developing new product innovations and solutions to strengthen their position. For instance, in June 2020, Honeywell International Inc., a US-based company operating in satellite communication primarily in aerospace, launched its smallest and lightest satellite, known as the Honeywell Small UAV SATCOM system, a miniature of a large satellite communication system for communication on land and in the air. Honeywell's Small UAV SATCOM system can be installed anywhere in the vehicle for a wide range of coverage of the platform, to reduce unnecessary bulk, and to provide safety. Moreover, it can connect unnamed vehicles even in remote areas or over water, where other ground-based communications systems, such as 4G, are not available.
Read More On The Global Satellite Communication (SATCOM) Equipment Market Report Here:
https://www.thebusinessresearchcompany.com/report/satellite-communication-satcom-equipment-global-market-report
The Satellite Communication (SATCOM) Equipment market is segmented -
• By Satellite Type: Large Satellite (>2500 KG), Medium Satellite (501 - 2500 KG), Small Satellite (1 - 500 KG), Cubesat (0.27 - 27 Cubic Unit Of 103 Cm)
• By Component Type: Amplifiers, Transceivers, Space Antennas, Transponders, and Other Components
• By Application: Navigation, Scientific Research, Communication, Remote Sensing, Other Applications
• By End-Use: Commercial, Government, and Military
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Satellite Communication (SATCOM) Equipment market.
The Business Research Company's "Global Satellite Communication (SATCOM) Equipment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Satellite Communication (SATCOM) Equipment Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7725
The Table Of Content For The Satellite Communication (SATCOM) Equipment Market Include:
1. Executive Summary
2. Satellite Communication (SATCOM) Equipment Market Characteristics
3. Satellite Communication (SATCOM) Equipment Market Trends And Strategies
4. Satellite Communication (SATCOM) Equipment Market - Macro Economic Scenario
5. Satellite Communication (SATCOM) Equipment Market Size And Growth
………………………………………………..
26. Africa Satellite Communication (SATCOM) Equipment Market
27. Satellite Communication (SATCOM) Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Satellite Communication (SATCOM) Equipment Market
29. Satellite Communication (SATCOM) Equipment Market Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
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 Global Satellite Communication (SATCOM) Equipment Market - By Size, Share Analysis, Growth Trends And Forecasts 2023-2032 here
News-ID: 3193537 • Views: …
More Releases from The Business research company
Leading Companies Solidify Their Presence in the Silicone Structural Glazing Mar …
The silicone structural glazing market is positioned for significant expansion in the coming years, driven by advances in building technology and increased environmental awareness. This sector is evolving rapidly as demand grows for more energy-efficient and aesthetically appealing architectural solutions. Let's explore the market's current size, key players, emerging trends, and the main segments that are shaping its future.
Silicone Structural Glazing Market Value Forecast Through 2030
The market for silicone…
Future Prospects: Key Trends Shaping the Self-Healing Concrete Market up to 2030
The self-healing concrete market is capturing significant attention as innovations and sustainability demands rise in construction. This sector is set to experience remarkable growth due to advancements in materials and technology, shaping the future of durable and intelligent infrastructure solutions. Let's explore the market's size, key players, emerging trends, and segment outlook to understand its trajectory.
Projected Market Size and Growth Prospects for the Self-Healing Concrete Market
The self-healing concrete market…
Analysis of Key Market Segments Driving the ROS-Based Robot Industry
The ROS-based robot market is positioned for substantial growth as robotics technology continues to advance rapidly. With increasing innovation in software, hardware, and AI integration, this sector is set to transform multiple industries by 2030. Below, we explore the market's future size, leading companies, key trends, and segmentation details to understand its evolving landscape.
Projected Market Size and Expansion of the ROS-Based Robot Market
The ROS-based robot market is anticipated to…
Global Trends Overview: The Rapid Evolution of the Robotic Panelized Home Builde …
The robotic panelized home builder market is positioned for impressive growth in the coming years as automation and robotics increasingly transform construction processes. Driven by technological advancements and expanding prefab housing projects, this market is set to reshape how homes are built with greater speed and efficiency. Let's explore the market's size, leading companies, emerging trends, and key segments that are shaping its future.
Strong Growth Forecast for the Robotic Panelized…
More Releases for Satellite
Military Satellite Market Size, Military Satellite Market Forecast, Military Sat …
According to The Insight Partners, "Military Satellite Market" report 2028, discusses various factors driving or restraining the market, which will help the future market to grow with promising CAGR. The Military Satellite Market Research Reports offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Military Satellite Market is based on company profiles and their efforts on increasing product value…
Satellite Transponders Market to Witness Huge Growth by 2026| APT Satellite Comp …
Latest released the research study on Global Satellite Transponders Market, offers a detailed overview of the factors influencing the global business scope. Satellite Transponders Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Satellite Transponders.
The study covers emerging player's data, including: competitive…
Satellite Transponders Leasing Market Is Booming Worldwide | SingTel Optus, MEAS …
HTF MI recently introduced Global Satellite Transponders Leasing Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Intelsat, SES, Eutelsat, SingTel Optus, MEASAT satellite systems, Asia Broadcast…
Satellite Transponders Leasing Market 2019: Comprehensive Study by Key Players I …
The growing demand for C band and Ku band transponder by the commercial sector across the globe to spur the satellite transponders leasing market in the coming years. Along with the digitization of the broadcasting industry and emergence of enhanced TV media, such as HD and UHD TV the number of subscribers for advanced media broadcasting have increased. Also, the rising demand for OTT and demand based supply of channels…
Satellite Market by Type (Large Satellite, Mini Satellite, Micro Satellite, and …
The global satellite market is driven by increase in demand for direct to home (DTH) television, high definition TV conversion, and intercontinental transmission in developed economies. In addition, continuous growth of video diffusion and internet access, increase in demand for digital TV and growth in communication and broadcasting market fuels the market growth. However, technology risk, spectrum access risk, and increase in competition from fiber optical cable limit the market…
Satellite Market by Type (Large Satellite, Mini Satellite, Micro Satellite, and …
The global satellite market is segmented on the basis of type, end user, and application. Type segment covered in this study include large satellite, mini satellite, micro satellite, and nano satellite. Based on end user, the market is categorized into commercial, civil, government, and others. On the basis of application, the market is divided into scientific research, technology demonstration and verification, earth observation and remote sensing, scientific research, communication, and…
