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Satellite Antenna Market Overview 2024-2033: Report on Share, Trends, Demand, and Overview
Satellite Antenna Market Overview
As per the report, the satellite antenna market size has grown rapidly in recent years. It will grow from $3.27 billion in 2023 to $3.61 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The satellite antenna market size is expected to see rapid growth in the next few years. It will grow to $5.41 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%.
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Small Satellite Surge Is Driving Growth In The Satellite Antenna Market
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. The increased deployment of small satellites has fueled innovation and expansion in the satellite antenna industry, creating a desire for more compact, cost-effective, and technologically sophisticated antenna systems. For instance, the United States Government Accountability Office (GAO) and Euroconsult are aiming to launch a considerable number of tiny satellites by 2030, there are about 5,500 active satellites in orbit as of spring 2022, with one projection predicting an additional 58,000 launches by 2030, largely in low Earth orbit (LEO). Therefore, the rising demand for small satellite will boost the market demand for satellite antenna.
Advancements In Ultra-Compact Satellite Antennas Transforming Military Communication Landscape
The development of ultra-compact satellite antennas for defense and combat purposes is a key trend in the satellite antenna market. 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 program that evaluates communications on-the-move (COTM) options for U.S. Army Armored Brigade Combat Teams (ABCT).
The satellite antenna market covered in this report is segmented -
1) By Antenna Type: Flat Panel Antenna, Parabolic Reflector Antenna, Horn Antenna
2) By Component Type: Reflectors, Feed Horns, Feed Networks, Low Noise Converters, Other Component Types
3) By Frequency Band: C Band, K/KU/KA Band, S And L Band, X Band, VHF And UHF Band, Other Frequency Bands
4) By Application: Space, Land, Maritime
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Major companies operating in the satellite antenna market report are Airbus SAS, General Dynamics Corporation, Mitsubishi Electric Corporation, Honeywell International Inc., Thales Group, L3Harris Technologies, CommScope Holding Company Inc., Viasat Inc., Cobham plc, Advantech Wireless Inc., EchoStar Corporation, Romantis GmbH, Maxar Technologies Inc., Inmarsat Global Limited, Skyware Technologies Ltd., Airbus Defence and Space Government Solutions Inc., MacDonald Dettwiler and Associates Ltd., Communications & Power Industries LLC, Comtech Telecommunications Corp, Gilat Satellite Networks Ltd., Intellian Technologies Inc., Satcom Direct Communications Inc., SpaceStar Technology Applications Co Ltd., Kymeta Corporation, Norsat International Inc., TECOM Industries Inc., C-COM Satellite Systems Inc., Pulse Power & Measurement Ltd., Elite Antennas Ltd., Orbital Systems (Pty) Ltd., SatPro Agro Pvt Ltd., Skytech Research Ltd., ThinKom Solutions Inc.
Contents of the report:
1. Executive Summary
2. Satellite Antenna Market Report Structure
3. Satellite Antenna Market Trends And Strategies
4. Satellite Antenna Market - Macro Economic Scenario
5. Satellite Antenna Market Size And Growth
…..
27. Satellite Antenna Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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