Press release
Satellite Antenna Market by Component & Opportunities, Analysis and Forecasts to 2023
According to Publisher, the Global Satellite Antenna market is expected to grow from $1.90 billion in 2016 to reach $3.03 billion by 2023 with a CAGR of 9.8%. Growing number of space exploration missions, cost-effective satellite launch operations, rising demand for satellite aided warfare and improved deployment of small satellites are the major factors driving the market. On the other side, having problems with poor transmission of signals, scarcities of qualified workforce and issues with the availability of radio spectrum are the factors hampering the market growth.By platform, the land segment is estimated to hold the highest CAGR during the forecast period due to huge investments flow into R&D activities, like observation of earth, navigation and telecommunications. Also, increasing demand for TV & radio broadcast, weather forecast applications and noise free telephone networks are some factors driving the market. Adding to this, high-throughput satellite communication services, commercial satellite imagery based services, SatCom in commercial aviation usage and augmented satellite based navigation are some of the crucial reasons expected to drive the market.
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Among geography, Asia Pacific region is expected to hold the highest CAGR during the forecast period. Moreover, China and India are estimated to be the largest contributors, followed by Japan and South Korea. Space exploration missions by space agencies are increasing recently in Asia Pacific region such as Indian Space and Research Organization (ISRO) and China National Space Administration (CNSA), the satellite antenna market has witnessed significant market growth.
Some of the key players in Global Satellite Antenna market include Airbus Defence and Space, Space Star Aerospace Technology Applications Co., Ltd., Harris Corporation, Gilat Satellite Networks, Mitsubishi Electric Corporation, Macdonald, Dettwiler and Associates Ltd., General Dynamics Corporation, Cobham PLC, Honeywell International Inc. and Elite Antennas Ltd.
Frequency Bands Covered:
-VHF & UHF Band
-X Band
-S & L Band
-C Band
-K/KU/KA Band
-Other Frequency Bands
Antenna Types Covered:
-Iron Antenna with Mold Stamping
-Horn Antenna
-Parabolic Reflector Antenna
-Fiberglass Reinforced Plastic Antenna
-Flat Panel Antenna
-Other Antennas
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Components Covered:
-Feed Networks
-Low Noise Block (LNB) Converters
-Reflectors
-Feed Horns
-Other Components
Platforms Covered:
-Airborne
-Land
-Maritime
-Space
Regions Covered:
-North America
o US
o Canada
o Mexico
-Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
-Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
-South America
o Argentina
o Brazil
o Chile
o Rest of South America
-Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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