Press release
Satellite Antenna Market is Forecasted to Reach US$ 75.69 Billion in 2028, Says Stratview Research
The global satellite antenna market is projected to witness a growth rate of 20.59% annually from 2022 to 2028 with an anticipated size of US$ 75.69 billion by 2028, according to an analysis by Stratview Research.Stratview Research, a global market research firm has launched a report on the global satellite antenna market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/591/satellite-antenna-market.html#form
Report Highlights:
Market Size in 2028: US$ 75.69 billion
Growth (CAGR): 20.59% during 2022-2028
Forecast Period: 2022-2028
Trend Period: 2016-2020
Base Year: 2021
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Satellite Antenna Market:
The global satellite antenna market is segmented based on type, application type, and region.
Based on application type - The market has been divided into space, land, maritime and airborne. The space application segment accounted for the largest market share in 2021. The segment growth can be attributed to increasing emphasis on the production of small satellites for numerous purposes, particularly communication.
To know the most attractive segments, click here:
https://www.stratviewresearch.com/591/satellite-antenna-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that North American market accounted for the largest share in 2021 and is expected to grow at a significant CAGR during the review period. This growth outlook is majorly attributed to the following-
• The regional market growth can be attributed to the presence of the established space industry and key market players such as Honeywell International Inc. (US) and General Dynamics Corporation (US).
Asia-Pacific region is expected to grow at the fastest CAGR during the forecast period. The market progress in the Asia-Pacific region is expected to grow at the fastest CAGR during the review on account of the strong presence of the marine industry and significant progress of the space industry, particularly in China and India.
Satellite Antenna Market Drivers:
Some of the key drivers listed in the report are given below.
• Primarily driven by significant product demand across applications such as space and maritime worldwide.
• Increasing adoption of small satellites for communication and earth observation applications.
• Rising integration of advanced features in the satellites is likely to create lucrative opportunities for the players operating.
Top Companies in the Satellite Antenna Market:
Stratview Research has identified the following companies as the top market players.
• Airbus Defence and Space (Germany)
• Cobham Limited (UK)
• Elite Antennas Ltd (UK)
• General Dynamics Corporation (US)
• Gilat Satellite Networks (Israel)
• Harris Corporation (US)
• Honeywell International Inc. (US)
• MDA Ltd. (Canada)
• Mitsubishi Electric Corporation (Japan)
• Space Star Technology CO., Ltd (China)
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Satellite Antenna Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Military Antenna Market: https://www.stratviewresearch.com/2926/military-antenna-market.html
• Aircraft Antenna Market: https://www.stratviewresearch.com/551/aircraft-antenna-market.html
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About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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