Press release
Satellite Communication Equipment Market to Reach USD 43.4 Billion by 2030, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/satellite-communication-equipment-market#form
Market Statistics
• Market size: USD 25.06 billion in 2024
• Forecast value: USD 43.4 billion by 2030
• CAGR: 9.54%
• Forecast period: 2024-2030
• Base year: 2023
• Total number of segments: 9
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
By Connectivity Type
• LEO
• MEO/GEO
By Frequency Type
• C-Band
• L & S-Band
• X-Band
• KA-Band
• KU-Band
• VHF/UHF-Band
• EHF/SHF-Band
• Multi-Band
• Q-Band
By Type
• Satcom-On-The-Move
• Satcom-On-The-Pause
By Vertical Type
• Commercial
• Government & Defence
By Solution Type
• Product
• Service
By Platform Type
• Portable
• Land Mobile
• Land Fixed
• Airborne
• Maritime
By Terminal
• LTE-Based
• Non-LTE-Based
By Technology Type
• Next-Generation
• Legacy
By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
Segment Analysis
By connectivity type, the LEO segment is anticipated to drive the market during the forecast period. This is mainly because LEO satellites support high-bandwidth and low-latency communication compared with traditional systems, increasing the need for terminals, phased-array antennas, modems, RF systems, telemetry systems, and ground stations. For SATCOM equipment suppliers, this points to stronger opportunities around LEO-compatible infrastructure and advanced ground communication systems.
By frequency type, KA-Band will hold the largest market share during the forecast period. KA-Band demand is supported by the need for higher-capacity satellite communication, especially where high-throughput connectivity is required across defense, aviation, maritime, and commercial networks. Equipment manufacturers aligned with KA-Band systems may benefit from demand for higher-performance antennas, transceivers, and related communication hardware.
By type, the SATCOM-On-The-Move segment is projected to account for a larger share than SATCOM-On-The-Pause during the forecast period. SOTM systems support secure, high-speed, beyond-line-of-sight satellite connectivity for mobile platforms in defense, transportation, emergency response, and media broadcasting. This creates a stronger business case for suppliers focused on mobile, adaptive, and high-integrity communication systems.
By vertical type, the Government & Defence segment is projected to grow at the fastest CAGR over the forecast period. Demand is being supported by military modernization, secure communication needs, and the growing use of satellite-enabled systems across tactical and mobile defense applications. This makes government and defense procurement a critical demand channel for SATCOM equipment vendors.
By solution type, the product segment is projected to capture the largest share during the forecast period. Demand is driven by sophisticated transceivers and phased-array antennas for naval and airborne platforms, along with the use of high-throughput satellites, LEO constellations, IoT integration, MIMO, and beamforming. This indicates continued importance for hardware manufacturers that can supply adaptive, high-performance SATCOM equipment.
By platform type, the airborne segment is estimated to lead the SATCOM equipment market from 2024 to 2030. The segment is supported by modernization programs replacing plane-to-plane and plane-to-ground communication systems with next-generation, on-the-move SATCOM solutions to improve flight safety, reduce delays, and support real-time aircraft tracking and pilot-to-ground communication. This supports both new aircraft integration and retrofit demand across existing fleets.
By terminal type, the Non-LTE-Based segment is anticipated to be the leading segment during the forecast period. Since satellite communication often serves environments where terrestrial networks are unavailable or sparse, non-LTE-based terminals remain important for defense, aviation, maritime, disaster relief, and remote access use cases. Suppliers serving mission-critical and remote connectivity requirements may see continued demand for dedicated SATCOM terminal solutions.
By technology type, Next-Generation is the emerging segment during the forecast period. Its growth is linked to the transition toward high-throughput satellites, LEO constellations, adaptive antennas, MIMO, beamforming, and integrated communication systems. Companies investing in next-generation SATCOM capabilities will be better positioned to support high-frequency, wideband, and low-latency communication requirements.
Regional Insights
Asia-Pacific SATCOM equipment market is poised for significant growth, driven by increasing demand for launch and early orbit support, telemetry, tracking, and command services, as well as data handling and processing capabilities. Technological advancements are supporting the development of high-performance SATCOM equipment with enhanced integration capabilities, while China's satellite broadband market, military satellite applications, and quantum communication initiatives are adding momentum to the regional outlook.
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Market Drivers
• Increasing deployment of LEO satellite constellations is raising demand for terminals, phased-array antennas, modems, RF systems, telemetry systems, and ground stations that support low-latency, high-bandwidth satellite communication.
• Rising demand for high-speed connectivity in remote and underserved locations is increasing the need for SATCOM equipment across oil & gas, mining, forestry, emergency services, telemedicine, remote education, and real-time monitoring.
• Military modernization is increasing demand for secure, high-speed, beyond-line-of-sight communication systems across mobile defense platforms, tactical vehicles, naval systems, and airborne applications.
• Expansion of high-throughput satellites is improving service quality and data rates, increasing demand for advanced antennas, transceivers, terminals, and related communication hardware.
• Recent activity from companies and defense programs, including SpinLaunch's LEO broadband constellation investment with Kongsberg Defence & Aerospace, Thales' dual-band X/Ka SATCOM station contract, and EchoStar's contract-linked role in delivering communication services to the US Department of Defense, reflects continued institutional demand for SATCOM infrastructure.
Top Companies in the Market
• Echostar Corporation (US)
• L3Harris Technologies Inc. (US)
• Thales (France)
• RTX (US)
• General Dynamics Corporation (US)
• Cobham Satcom (Denmark)
• Honeywell International Inc. (US)
• Viasat, Inc. (US)
• Gilat Satellite Networks (Israel)
• Aselsan A.S (Turkey)
FAQs
How big is the satellite communication equipment market in 2024?
The global satellite communication equipment market is valued at USD 25.06 billion in 2024.
How much will the SATCOM equipment market be worth by 2030?
The market is forecast to reach USD 43.4 billion by 2030.
What CAGR is expected for the satellite communication equipment market through 2030?
The global satellite communication equipment market is expected to grow at a CAGR of 9.54% during 2024 to 2030.
Which SATCOM equipment segment offers strong growth potential for suppliers?
The LEO segment is anticipated to drive the market during the forecast period, supported by the deployment of low Earth orbit satellite constellations and rising demand for low-latency, high-bandwidth communication equipment.
Which region should SATCOM equipment companies watch for growth?
Asia-Pacific is poised for significant growth, supported by demand for launch and early orbit support, telemetry, tracking, and command services, data handling, satellite broadband, and military satellite applications.
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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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