Press release
Satellite Antenna Market 2023 - By Competitor Analysis, Major Players, Key Strategies And Forecast To 2032
Satellite Antenna Market
The Business Research Company's Satellite Antenna Global Market Report 2023 identifies rise in demand for small satellites as the major driver for the Satellite Antenna market's growth in the forecast period. 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.
The global satellite antenna market size will grow 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 market size of the satellite antenna is expected to grow to $5.2 billion in 2027 at a CAGR of 11.1%.
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Major competitors in the Satellite Antenna market are Airbus SAS, Cobham PLC, Dettwiler and Associates Ltd., Elite Antennas Ltd., General Dynamics Corporation, Gilat Satellite Networks.
A key trend in the Satellite Antenna market includes development of ultra-compact satellite antennas for defence and combat purposes. The ultra-compact satellite antenna offers high data rate transmission for IP-based voice and video transfer capabilities since it operates on multiple bands such as Ku, KA, X, and Q. An ultra-compact satellite antenna connects ground control stations to advanced ground combat vehicles while offering a seamless transfer of information and communication capabilities, which are vital for ground troops in a crucial mission. In 2021, ThinKom Solutions, a US-based satellite antenna manufacturer, was selected by the US Army for the supply of phased-array satellite terminals as part of a pilot programme which evaluates communications on-the-move (COTM) options for U.S. Army Armored Brigade Combat Teams (ABCT).
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The Satellite Antenna market is segmented -
• 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.
The Business Research Company's "Global Satellite Antenna 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.
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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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