Press release
Satellite Antenna Global Market 2025: Soaring to $3.86 Billion, Fascinating Growth at 9.3% CAGR, Driven by AI and HTS System Trends
Satellite Antenna Global Market Growth
Thriving Market Projections Amidst Rising Demand and Advanced Technological Trends
What Is The Projected Market Size Of The Global Satellite Antenna Global Market Report 2025 And Its Growth Rate?
- 2024 Market Size: $3.53 billion
- 2025 Market Size: $3.86 billion (9.3% CAGR)
The strong growth in the market size can be attributed to global expansion of satellite communication, demand for high data transmission rates, rise in demand for broadcasting services, military and defence applications, and exploration and navigation needs.
- Forecasted 2029 Market Size: $6.12 billion (12.2% CAGR)
The rapid growth in the forecasted period is due to emergence of low earth orbit (LEO) satellites, demand for high-frequency bands, expansion of 5G satellite networks, and increasing space exploration missions.
What Is Driving The Growth In The Satellite Antenna Global Market Report 2025?
The growth in the Satellite Antenna Global Market is driven by the rise in demand for small satellites. These compact, cost-efficient satellites are cheaper to launch and offer effective connectivity. Their increased deployment has fueled innovation and expansion in the satellite antenna industry, with a push 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. As of spring 2022, there are about 5,500 active satellites in orbit. One projection predicts an additional 58,000 launches by 2030, largely in low Earth orbit (LEO). Therefore, the rising demand for small satellites will bolster the market demand for satellite antenna.
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Who Are the Key Players Driving Satellite Antenna Global Market Report 2025 Growth?
- 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.
What Are The Key Trends In The Satellite Antenna Global Market Report 2025?
Key trends in the Satellite Antenna market include:
- Integration of artificial intelligence (AI) in antenna systems
- Demand for high-throughput satellite (HTS) systems
- Focus on antenna design for electrically small satellites
- Increased emphasis on antenna testing and simulation
- Rising interest in inter-satellite links (ISL)
What Are The Segments Of The Global Satellite Antenna Global Market Report 2025?
The Satellite Antenna Market is segmented as follows:
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
Which Region Leads The Satellite Antenna Global Market Report 2025?
In the Satellite Antenna market, North America was the largest region in 2024. However, Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the Satellite Antenna Global Market Report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Satellite Antenna Global Market Report 2025 Global Market Report?
Market Size Analysis: Analyze the Satellite Antenna Global Market Report 2025 size by key regions, countries, product types, and applications.
Market Segmentation Analysis: Identify various subsegments within the Satellite Antenna Global Market Report 2025 for effective categorization.
Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
Market Contribution: Evaluate contributions of different segments to the overall Satellite Antenna Global Market Report 2025 growth.
Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
Industry Challenges: Analyze challenges and risks affecting the Satellite Antenna Global Market Report 2025.
Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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