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Pulished Date June, 2021
ID: 11682
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Communication Satellite market by product (SATCOM receiver, SATCOM transmitter, SATCOM transreceiver, SATCOM antenna, SATCOM modem), by vertical (government & defense, commercial), by end use (portable SATCOM equipment, land mobile SATCOM equipment, maritime SATCOM equipment, airborne SATCOM equipment and land fixed SATCOM equipment), by geography(North America region, Europe region and Asia Pacific region) and by technology (SATCOM VSAT, SATCOM telemetry, SATCOM AIS, SATCOM on the move and SATCOM on the pause) 2021-2026

Pulished: June, 2021
ID: 11682
Pages: 175

Communication Satellite Market (Size, Trends, Forecast)- 2021-2026:

The market value of the Communication Satellite Market is valued at 18.63 billion US dollars in 2021 which is expected to increase the growth by 30.32 million US dollars by the end of 2026 with a compound annual growth rate of 8.4% during the forecast period of 2021 to 2026. The market value of Communication Satellites is expected to increase more during the forecast period.

Communication Satellite Market Driving Factors:

An increase in small satellites and the launch of reusable rocket vehicles is one of the major driving factors of the Communication Satellite market growth rate.

The increasing need for uninterrupted communication in various industries is one of the major driving factors of the Communication Satellite market growth rate.

A growing fleet of autonomous and connected vehicles which have garnered the interest of satellite manufacturers and related key players in the industry is one of the major driving factors which propels the growth of the communication satellite market revenue rate during the forecast period

Another major driving factor of the Communication Satellite market was the increase of applications.

Increasing adoption of artificial intelligence is one of the growth-supporting factors of the market of Communication Satellite revenue rate.

A shorter development cycle and lesser cost of development is one of the major driving factors of Communication Satellite market growth rate

Increasing of investments by the companies as well as government authorities from emerging economies such as India, Brazil, and China for new product innovation boosts the growth of the market of Communication Satellite.

Communication Satellite Market Challenges:

Radio spectrum availability issues, cyber security concerns are some of the major restraints which hinder the growth of the communication satellite market.

Another major restraint that is affecting the growth of the market of Communication Satellite was the High satellite service cost.

Fluctuations in the signal are one of the major restraint which hinders the growth of the Communication Satellite Market.

Another major restraint that is affecting the growth of the market of Communication Satellite was the stringent regulations from the government.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2021-2026

CAGR

8.4%

Segments Covered

Basis of end-user, the basis of vertical, basis of technology

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

L3 Technologies (US), Viasat (US), and Harris Corporation (US), General Dynamics Corporation (US), and Cobham Plc (UK).

Communication Satellite Market Segmentation:

The Communication Satellite market is segmented on the basis of product, on the basis of vertical, on the basis of end-use, on the basis of technology, and on the basis of geography.

On the basis of product, the Communication Satellite market is segmented into SATCOM receiver, SATCOM transmitter, SATCOM transceiver, SATCOM antenna, SATCOM modem, and other products.  Among these segments, the SATCOM transmitter segment holds the major share of the market among the others and is expected to hold dominance during the forecast period.

On the basis of end-users, the Communication Satellite market is segmented into portable SATCOM equipment, airborne SATCOM equipment, land mobile SATCOM equipment, maritime SATCOM equipment, and land fixed SATCOM equipment. Among these segments, the maritime SATCOM equipment segment holds the major share of the market as the commercial and naval vessels are at sea for long periods since they require robust satellite communication systems to maintain contact with shore under any weather and sea conditions and it is estimated that this segment will hold the major dominance of the market.

On the basis of vertical, the market of Communication Satellite is bifurcated into two types namely government & defense, commercial. Among these segments, the commercial segments hold the major share of the market.

On the basis of technology, the Communication Satellite market is segmented into SATCOM AIS, SATCOM on the move, SATCOM VSAT, SATCOM telemetry, and SATCOM on the pause.

Regional Analysis:

The Communication Satellite market is elaborated in various regions all around the world such as North America (US, Mexico, Canada and rest of North America), Asia Pacific region (Japan, India, China, Australia and rest of Asia Pacific), European region (UK, France, Italy, Germany, Spain and rest of Europe).

Asia Pacific region holds the major share of the market owing to the increased use of satellite antennas in automobiles in some of the emerging economies such as India and China propels the growth of the market of Communication Satellites in the Asia Pacific region. Furthermore, recent space explorations missions by space agencies such as the Indian Space research organization and also the China national space administration is also one of the major growth-supporting factors of the communication satellite market. This region is expected to hold dominance during the forecast period.

North America region holds the second-largest share of the market of Communication Satellites owing to the increasing need for uninterrupted communication in various industries.

Europe region is expected to increase the market value of Communication Satellites owing to the growing fleet of autonomous and connected vehicles which have garnered the interest of satellite manufacturers and related key players in the industry.

Key Market Players:

Some of the key market players of the Communication Satellite market are L3 Technologies (US), Viasat (US), and Harris Corporation (US), General Dynamics Corporation (US), and Cobham Plc (UK).

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods  

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Communication Satellite Market, By Product               

                                6.1.1 SATCOM receiver 

                                6.1.2 SATCOM transmitter          

                                6.1.3 SATCOM transreceiver      

                                6.1.4 SATCOM antenna

                                6.1.5 SATCOM modem 

     6.1.6 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.7 Y-o-Y Growth Rate Analysis              

                                6.1.8 Market Attractiveness Index           

                6.2 Communication Satellite Market, By Vertical               

                                6.2.1 government & defense     

                                6.2.2 commercial             

          6.2.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.4 Y-o-Y Growth Rate Analysis              

                                6.2.5 Market Attractiveness Index           

                6.3 Communication Satellite Market, By End User      

                                6.3.1 portable SATCOM equipment        

                                6.3.2 land mobile SATCOM equipment  

                                6.3.3 maritime SATCOM equipment       

                                6.3.4 airborne SATCOM equipment         

                                6.3.5 land fixed SATCOM equipment      

     6.3.6 Market Size Estimations & Forecasts (2021-2026)   

                                6.3.7 Y-o-Y Growth Rate Analysis              

                                6.3.8 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region      

                7.2 North America - Market Analysis (2021- 2026)     

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Product              

                                7.2.3 By Vertical               

                                7.2.4 By End User            

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Product              

                                7.3.3 By Vertical               

                                7.3.4 By End User            

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Product              

                                7.4.3 By Vertical               

                                7.4.4 By End User            

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Product              

                                7.5.3 By Vertical               

                                7.5.4 By End User            

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Product              

                                7.6.3 By Vertical               

                                7.6.4 By End User            

8. Key Player Analysis                                    

                8.1 L3 Technologies (US)                              

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Viasat (US)                 

                8.3 Harris Corporation (US)                         

                8.4 General Dynamics Corporation (US)                

                8.5 Cobham Plc (UK)                      

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and also identify the regions that are still untapped
  • The segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis, and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies, and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Communication Satellite Market By Region, From 2021-2026 ( USD Billion )
  2. Global Communication Satellite Market By product , From 2021-2026 ( USD Billion )
  3. Global SATCOM receiver Market By Region, From 2021-2026 ( USD Billion )
  4. Global SATCOM transmitter Market By Region, From 2021-2026 ( USD Billion )
  5. Global SATCOM transreceiver Market By Region, From 2021-2026 ( USD Billion )
  6. Global SATCOM antenna Market By Region, From 2021-2026 ( USD Billion )
  7. Global SATCOM modem Market By Region, From 2021-2026 ( USD Billion )
  8. Global Communication Satellite Market By Vertical, From 2021-2026 ( USD Billion )
  9. Global government & defense Market By Region, From 2021-2026 ( USD Billion )
  10. Global commercial Market By Region, From 2021-2026 ( USD Billion )
  11. Global Communication Satellite Market By End User, From 2021-2026 ( USD Billion )
  12. Global portable SATCOM equipment Market By Region, From 2021-2026 ( USD Billion )
  13. Global land mobile SATCOM equipment Market By Region, From 2021-2026 ( USD Billion )
  14. Global maritime SATCOM equipment Market By Region, From 2021-2026 ( USD Billion )
  15. Global airborne SATCOM equipment  Market By Region, From 2021-2026 ( USD Billion )
  16. Global land fixed SATCOM equipment Market By Region, From 2021-2026 ( USD Billion )

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