Satellite Communication (SATCOM) Equipment market size is estimated to be worth US$ 21370 million in 2022 and is forecast to a readjusted size of US$ 28310 million by 2028 with a CAGR of 4.8% - Valuates Reports

Satellite Communication (SATCOM) Equipment market size is estimated to be worth US$ 21370 million in 2022 and is forecast to a readjusted size of US$ 28310 million by 2028 with a CAGR of 4.8% during the review period. Fully considering the economic change by this health crisis, Portable SATCOM Equipment accounting for % of the Satellite Communication (SATCOM) Equipment global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.'
Satellite communications is the use of satellite technology in the field of communications. The services provided by satellite communications are voice and video calling, internet, fax, television and radio channels.
Satellite communications can provide communication capabilities spanning long distances and can operate under circumstances or conditions which are inoperable for other forms of communication.
With recent space exploration missions by space agencies, such as Indian Space Research Organization (India) and China National Space Administration (China), the SATCOM equipment market has witnessed significant growth in the Asia Pacific region.
In terms of production side, this report researches the Satellite Communication (SATCOM) Equipment capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Satellite Communication (SATCOM) Equipment by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Satellite Communication (SATCOM) Equipment market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Satellite Communication (SATCOM) Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Segment by Type
Portable SATCOM Equipment
Land Mobile SATCOM Equipment
Maritime SATCOM Equipment
Airborne SATCOM Equipment
Land Fixed SATCOM Equipment

Segment by Application
Government & Defense
Commercial

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