An artificial satellite called a satellite communication establishes a channel between a transmitter and a receiver at various points on Earth in order to transmit a signal using a transponder. Satellite communication systems are used in telephone, radio, television, internet, and military applications. The use of satellite communication systems is essential to both the commercial and defence industries. Global demand for satellites has surged as a result of the launching of LEO satellites and constellations of satellites for communications applications. A growing fleet of autonomous and connected vehicles used for various applications in the military and commercial sectors, which require specialised SATCOM-on-the-move antennas, is another factor that is propelling the market's expansion. These vehicles are also increasing the demand for Ku- and Ka-band satellites.
The development of new prospects in cutting-edge areas of the industry was facilitated by changes in satellite communications as well as advancements in all forms of telecommunications and computer operations. The need for effective wireless connections via terrestrial wireless and satellite communications is growing fast as industrial production facilities and mining operations move further into inhospitable terrains. According to the Satellite Industry Association, the commercial satellite industry played a pivotal role during the COVID-19 pandemic. Due to its numerous uses in providing voice, data, and broadcast communications solutions as well as navigation, earth observation, remote sensing, and other specialised services essential for businesses, government clients, and consumers both domestically and globally, the demand for satellite communication system has increased. International space agencies, like NASA, used communication satellites to show how COVID-19 changed the entire earth.
The rising demand for Internet of Things devices is one important aspect that affects the development of the worldwide satellite communication system sector. Additionally, the market is anticipated to grow due to the increase in demand for military and defence satellite communication solutions and the increased use of satellite communication systems in internet streaming services, radio, and TV transmission. The market's expansion could be hampered by interference with satellite data transmission. Contrarily, it is predicted that the market would expand rapidly over the forecast period as a result of technological developments in satellite missions in developing economies.
The global satellite communication system market is segmented on the basis of satellite orbit, component, end user and region. On the basis of satellite orbit, the market is divided into Low Earth Orbit (LEO), Medium Earth Orbit (MEO), and Geostationary Orbit (GEO). Based on component, the market is segregated into equipment and service. On the basis of end user, the market is divided into industrial, transportation and logistics, aerospace and defense, maritime, government, media, and others.
The key players that operate in the market include Advantech Wireless Technologies Inc. (Baylin Technologies), Al Yah Satellite Communications Company PJSC (Yahsat), Gilat Satellite Networks, Inmarsat Communications, Iridium Communications Inc., KVH Industries, Inc., L3Harris Technologies Inc., Orbcomm Inc., Thales Group, and ViaSat Inc.
The development of new prospects in cutting-edge areas of the industry was facilitated by changes in satellite communications as well as advancements in all forms of telecommunications and computer operations. The need for effective wireless connections via terrestrial wireless and satellite communications is growing fast as industrial production facilities and mining operations move further into inhospitable terrains. According to the Satellite Industry Association, the commercial satellite industry played a pivotal role during the COVID-19 pandemic. Due to its numerous uses in providing voice, data, and broadcast communications solutions as well as navigation, earth observation, remote sensing, and other specialised services essential for businesses, government clients, and consumers both domestically and globally, the demand for satellite communication system has increased. International space agencies, like NASA, used communication satellites to show how COVID-19 changed the entire earth.
The rising demand for Internet of Things devices is one important aspect that affects the development of the worldwide satellite communication system sector. Additionally, the market is anticipated to grow due to the increase in demand for military and defence satellite communication solutions and the increased use of satellite communication systems in internet streaming services, radio, and TV transmission. The market's expansion could be hampered by interference with satellite data transmission. Contrarily, it is predicted that the market would expand rapidly over the forecast period as a result of technological developments in satellite missions in developing economies.
The global satellite communication system market is segmented on the basis of satellite orbit, component, end user and region. On the basis of satellite orbit, the market is divided into Low Earth Orbit (LEO), Medium Earth Orbit (MEO), and Geostationary Orbit (GEO). Based on component, the market is segregated into equipment and service. On the basis of end user, the market is divided into industrial, transportation and logistics, aerospace and defense, maritime, government, media, and others.
The key players that operate in the market include Advantech Wireless Technologies Inc. (Baylin Technologies), Al Yah Satellite Communications Company PJSC (Yahsat), Gilat Satellite Networks, Inmarsat Communications, Iridium Communications Inc., KVH Industries, Inc., L3Harris Technologies Inc., Orbcomm Inc., Thales Group, and ViaSat Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the satellite communication system market analysis from 2021 to 2031 to identify the prevailing satellite communication system market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the satellite communication system market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global satellite communication system market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Component
- Equipment
- Services
By Satellite Orbit
- Low Earth Orbit (LEO)
- Medium Earth Orbit (MEO)
- Geostationary Orbit (GEO)
By End User
- Maritime
- Aerospace and Defense
- Industrial
- Government
- Transportation and Logistics
- Media
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Al Yah Satellite Communications Company PJSC (Yahsat)
- gilat satellite networks
- Inmarsat Communications
- KVH Industries, Inc.
- L3Harris Technologies Inc.
- Thales Group
- Viasat Inc.
- Iridium Communications Inc.
- ORBCOMM Inc.
- Advantech Wireless Technologies Inc. (Baylin Technologies)
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. High bargaining power of suppliers
3.3.2. High bargaining power of buyers
3.3.3. Moderate threat of substitutes
3.3.4. High threat of new entrants
3.3.5. High intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in Internet of Things (IoT).
3.4.1.2. Rise in demand for military and defense satellite communication system solutions.
3.4.1.3. Increase in adoption of satellite communication equipment in online streaming services, radio, and TV broadcast.
3.4.2. Restraints
3.4.2.1. Interference in satellite data transmission and reception.
3.4.3. Opportunities
3.4.3.1. Technological advancements in satellite missions
3.5. COVID-19 Impact Analysis on the market
3.6. Patent Landscape
CHAPTER 4: SATELLITE COMMUNICATION SYSTEM MARKET, BY SATELLITE ORBIT
4.1. Overview
4.1.1. Market size and forecast
4.2. Low Earth Orbit (LEO)
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Medium Earth Orbit (MEO)
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Geostationary Orbit (GEO)
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
CHAPTER 5: SATELLITE COMMUNICATION SYSTEM MARKET, BY COMPONENT
5.1. Overview
5.1.1. Market size and forecast
5.2. Equipment
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Services
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
CHAPTER 6: SATELLITE COMMUNICATION SYSTEM MARKET, BY END USER
6.1. Overview
6.1.1. Market size and forecast
6.2. Maritime
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Aerospace and Defense
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
6.4. Industrial
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market share analysis by country
6.5. Government
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market share analysis by country
6.6. Transportation and Logistics
6.6.1. Key market trends, growth factors and opportunities
6.6.2. Market size and forecast, by region
6.6.3. Market share analysis by country
6.7. Media
6.7.1. Key market trends, growth factors and opportunities
6.7.2. Market size and forecast, by region
6.7.3. Market share analysis by country
6.8. Others
6.8.1. Key market trends, growth factors and opportunities
6.8.2. Market size and forecast, by region
6.8.3. Market share analysis by country
CHAPTER 7: SATELLITE COMMUNICATION SYSTEM MARKET, BY REGION
7.1. Overview
7.1.1. Market size and forecast By Region
7.2. North America
7.2.1. Key trends and opportunities
7.2.2. Market size and forecast, by Satellite Orbit
7.2.3. Market size and forecast, by Component
7.2.4. Market size and forecast, by End User
7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. Key market trends, growth factors and opportunities
7.2.5.1.2. Market size and forecast, by Satellite Orbit
7.2.5.1.3. Market size and forecast, by Component
7.2.5.1.4. Market size and forecast, by End User
7.2.5.2. Canada
7.2.5.2.1. Key market trends, growth factors and opportunities
7.2.5.2.2. Market size and forecast, by Satellite Orbit
7.2.5.2.3. Market size and forecast, by Component
7.2.5.2.4. Market size and forecast, by End User
7.2.5.3. Mexico
7.2.5.3.1. Key market trends, growth factors and opportunities
7.2.5.3.2. Market size and forecast, by Satellite Orbit
7.2.5.3.3. Market size and forecast, by Component
7.2.5.3.4. Market size and forecast, by End User
7.3. Europe
7.3.1. Key trends and opportunities
7.3.2. Market size and forecast, by Satellite Orbit
7.3.3. Market size and forecast, by Component
7.3.4. Market size and forecast, by End User
7.3.5. Market size and forecast, by country
7.3.5.1. UK
7.3.5.1.1. Key market trends, growth factors and opportunities
7.3.5.1.2. Market size and forecast, by Satellite Orbit
7.3.5.1.3. Market size and forecast, by Component
7.3.5.1.4. Market size and forecast, by End User
7.3.5.2. Germany
7.3.5.2.1. Key market trends, growth factors and opportunities
7.3.5.2.2. Market size and forecast, by Satellite Orbit
7.3.5.2.3. Market size and forecast, by Component
7.3.5.2.4. Market size and forecast, by End User
7.3.5.3. France
7.3.5.3.1. Key market trends, growth factors and opportunities
7.3.5.3.2. Market size and forecast, by Satellite Orbit
7.3.5.3.3. Market size and forecast, by Component
7.3.5.3.4. Market size and forecast, by End User
7.3.5.4. Spain
7.3.5.4.1. Key market trends, growth factors and opportunities
7.3.5.4.2. Market size and forecast, by Satellite Orbit
7.3.5.4.3. Market size and forecast, by Component
7.3.5.4.4. Market size and forecast, by End User
7.3.5.5. Rest of Europe
7.3.5.5.1. Key market trends, growth factors and opportunities
7.3.5.5.2. Market size and forecast, by Satellite Orbit
7.3.5.5.3. Market size and forecast, by Component
7.3.5.5.4. Market size and forecast, by End User
7.4. Asia-Pacific
7.4.1. Key trends and opportunities
7.4.2. Market size and forecast, by Satellite Orbit
7.4.3. Market size and forecast, by Component
7.4.4. Market size and forecast, by End User
7.4.5. Market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. Key market trends, growth factors and opportunities
7.4.5.1.2. Market size and forecast, by Satellite Orbit
7.4.5.1.3. Market size and forecast, by Component
7.4.5.1.4. Market size and forecast, by End User
7.4.5.2. Japan
7.4.5.2.1. Key market trends, growth factors and opportunities
7.4.5.2.2. Market size and forecast, by Satellite Orbit
7.4.5.2.3. Market size and forecast, by Component
7.4.5.2.4. Market size and forecast, by End User
7.4.5.3. India
7.4.5.3.1. Key market trends, growth factors and opportunities
7.4.5.3.2. Market size and forecast, by Satellite Orbit
7.4.5.3.3. Market size and forecast, by Component
7.4.5.3.4. Market size and forecast, by End User
7.4.5.4. South Korea
7.4.5.4.1. Key market trends, growth factors and opportunities
7.4.5.4.2. Market size and forecast, by Satellite Orbit
7.4.5.4.3. Market size and forecast, by Component
7.4.5.4.4. Market size and forecast, by End User
7.4.5.5. Rest of Asia-Pacific
7.4.5.5.1. Key market trends, growth factors and opportunities
7.4.5.5.2. Market size and forecast, by Satellite Orbit
7.4.5.5.3. Market size and forecast, by Component
7.4.5.5.4. Market size and forecast, by End User
7.5. LAMEA
7.5.1. Key trends and opportunities
7.5.2. Market size and forecast, by Satellite Orbit
7.5.3. Market size and forecast, by Component
7.5.4. Market size and forecast, by End User
7.5.5. Market size and forecast, by country
7.5.5.1. Latin America
7.5.5.1.1. Key market trends, growth factors and opportunities
7.5.5.1.2. Market size and forecast, by Satellite Orbit
7.5.5.1.3. Market size and forecast, by Component
7.5.5.1.4. Market size and forecast, by End User
7.5.5.2. Middle East
7.5.5.2.1. Key market trends, growth factors and opportunities
7.5.5.2.2. Market size and forecast, by Satellite Orbit
7.5.5.2.3. Market size and forecast, by Component
7.5.5.2.4. Market size and forecast, by End User
7.5.5.3. Africa
7.5.5.3.1. Key market trends, growth factors and opportunities
7.5.5.3.2. Market size and forecast, by Satellite Orbit
7.5.5.3.3. Market size and forecast, by Component
7.5.5.3.4. Market size and forecast, by End User
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1. Advantech Wireless Technologies Inc. (Baylin Technologies)
9.1.1. Company overview
9.1.2. Key Executives
9.1.3. Company snapshot
9.1.4. Operating business segments
9.1.5. Product portfolio
9.2. Al Yah Satellite Communications Company PJSC (Yahsat)
9.2.1. Company overview
9.2.2. Key Executives
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.2.6. Business performance
9.2.7. Key strategic moves and developments
9.3. gilat satellite networks
9.3.1. Company overview
9.3.2. Key Executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.3.6. Business performance
9.3.7. Key strategic moves and developments
9.4. Inmarsat Communications
9.4.1. Company overview
9.4.2. Key Executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.4.6. Key strategic moves and developments
9.5. Iridium Communications Inc.
9.5.1. Company overview
9.5.2. Key Executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.5.6. Business performance
9.5.7. Key strategic moves and developments
9.6. KVH Industries, Inc.
9.6.1. Company overview
9.6.2. Key Executives
9.6.3. Company snapshot
9.6.4. Operating business segments
9.6.5. Product portfolio
9.6.6. Business performance
9.6.7. Key strategic moves and developments
9.7. L3Harris Technologies Inc.
9.7.1. Company overview
9.7.2. Key Executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.7.6. Business performance
9.7.7. Key strategic moves and developments
9.8. ORBCOMM Inc.
9.8.1. Company overview
9.8.2. Key Executives
9.8.3. Company snapshot
9.8.4. Operating business segments
9.8.5. Product portfolio
9.8.6. Business performance
9.8.7. Key strategic moves and developments
9.9. Thales Group
9.9.1. Company overview
9.9.2. Key Executives
9.9.3. Company snapshot
9.9.4. Operating business segments
9.9.5. Product portfolio
9.9.6. Business performance
9.9.7. Key strategic moves and developments
9.10. Viasat Inc.
9.10.1. Company overview
9.10.2. Key Executives
9.10.3. Company snapshot
9.10.4. Operating business segments
9.10.5. Product portfolio
9.10.6. Business performance
9.10.7. Key strategic moves and developments
List of Tables
Table 01. Global Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 02. Satellite Communication System Market for Low Earth Orbit (Leo), by Region, 2021-2031 (Revenue, $Million)
Table 03. Satellite Communication System Market for Medium Earth Orbit (Meo), by Region, 2021-2031 (Revenue, $Million)
Table 04. Satellite Communication System Market for Geostationary Orbit (Geo), by Region, 2021-2031 (Revenue, $Million)
Table 05. Global Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 06. Satellite Communication System Market for Equipment, by Region, 2021-2031 (Revenue, $Million)
Table 07. Satellite Communication System Market for Services, by Region, 2021-2031 (Revenue, $Million)
Table 08. Global Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 09. Satellite Communication System Market for Maritime, by Region, 2021-2031 (Revenue, $Million)
Table 10. Satellite Communication System Market for Aerospace and Defense, by Region, 2021-2031 (Revenue, $Million)
Table 11. Satellite Communication System Market for Industrial, by Region, 2021-2031 (Revenue, $Million)
Table 12. Satellite Communication System Market for Government, by Region, 2021-2031 (Revenue, $Million)
Table 13. Satellite Communication System Market for Transportation and Logistics, by Region, 2021-2031 (Revenue, $Million)
Table 14. Satellite Communication System Market for Media, by Region, 2021-2031 (Revenue, $Million)
Table 15. Satellite Communication System Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 16. Satellite Communication System Market, by Region, 2021-2031 (Revenue, $Million)
Table 17. North America Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 18. North America Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 19. North America Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 20. North America Satellite Communication System Market, by Country, 2021-2031 (Revenue, $Million)
Table 21. U.S. Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 22. U.S. Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 23. U.S. Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 24. Canada Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 25. Canada Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 26. Canada Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 27. Mexico Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 28. Mexico Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 29. Mexico Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 30. Europe Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 31. Europe Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 32. Europe Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 33. Europe Satellite Communication System Market, by Country, 2021-2031 (Revenue, $Million)
Table 34. UK Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 35. UK Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 36. UK Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 37. Germany Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 38. Germany Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 39. Germany Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 40. France Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 41. France Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 42. France Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 43. Spain Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 44. Spain Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 45. Spain Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 46. Rest of Europe Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 47. Rest of Europe Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 48. Rest of Europe Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 49. Asia-Pacific Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 50. Asia-Pacific Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 51. Asia-Pacific Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 52. Asia-Pacific Satellite Communication System Market, by Country, 2021-2031 (Revenue, $Million)
Table 53. China Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 54. China Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 55. China Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 56. Japan Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 57. Japan Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 58. Japan Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 59. India Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 60. India Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 61. India Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 62. South Korea Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 63. South Korea Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 64. South Korea Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 65. Rest of Asia-Pacific Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 66. Rest of Asia-Pacific Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 67. Rest of Asia-Pacific Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 68. LAMEA Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 69. LAMEA Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 70. LAMEA Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 71. LAMEA Satellite Communication System Market, by Country, 2021-2031 (Revenue, $Million)
Table 72. Latin America Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 73. Latin America Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 74. Latin America Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 75. Middle East Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 76. Middle East Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 77. Middle East Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 78. Africa Satellite Communication System Market, by Satellite Orbit, 2021-2031 (Revenue, $Million)
Table 79. Africa Satellite Communication System Market, by Component, 2021-2031 (Revenue, $Million)
Table 80. Africa Satellite Communication System Market, by End-user, 2021-2031 (Revenue, $Million)
Table 81. Advantech Wireless Technologies Inc. (Baylin Technologies): Key Executives
Table 82. Advantech Wireless Technologies Inc. (Baylin Technologies): Company Snapshot
Table 83. Advantech Wireless Technologies Inc. (Baylin Technologies): Product Segments
Table 84. Advantech Wireless Technologies Inc. (Baylin Technologies): Product Portfolio
Table 85. Al Yah Satellite Communications Company Pjsc (Yahsat): Key Executives
Table 86. Al Yah Satellite Communications Company Pjsc (Yahsat): Company Snapshot
Table 87. Al Yah Satellite Communications Company Pjsc (Yahsat): Service Segments
Table 88. Al Yah Satellite Communications Company Pjsc (Yahsat): Product Portfolio
Table 89. Al Yah Satellite Communications Company Pjsc (Yahsat): Key Stratergies
Table 90. Gilat Satellite Networks: Key Executives
Table 91. Gilat Satellite Networks: Company Snapshot
Table 92. Gilat Satellite Networks: Product Segments
Table 93. Gilat Satellite Networks: Product Portfolio
Table 94. Gilat Satellite Networks: Key Stratergies
Table 95. Inmarsat Communications: Key Executives
Table 96. Inmarsat Communications: Company Snapshot
Table 97. Inmarsat Communications: Service Segments
Table 98. Inmarsat Communications: Product Portfolio
Table 99. Inmarsat Communications: Key Stratergies
Table 100. Iridium Communications Inc.: Key Executives
Table 101. Iridium Communications Inc.: Company Snapshot
Table 102. Iridium Communications Inc.: Product Segments
Table 103. Iridium Communications Inc.: Product Portfolio
Table 104. Iridium Communications Inc.: Key Stratergies
Table 105. Kvh Industries, Inc.: Key Executives
Table 106. Kvh Industries, Inc.: Company Snapshot
Table 107. Kvh Industries, Inc.: Product Segments
Table 108. Kvh Industries, Inc.: Service Segments
Table 109. Kvh Industries, Inc.: Product Portfolio
Table 110. Kvh Industries, Inc.: Key Stratergies
Table 111. L3Harris Technologies Inc.: Key Executives
Table 112. L3Harris Technologies Inc.: Company Snapshot
Table 113. L3Harris Technologies Inc.: Product Segments
Table 114. L3Harris Technologies Inc.: Product Portfolio
Table 115. L3Harris Technologies Inc.: Key Stratergies
Table 116. Orbcomm Inc.: Key Executives
Table 117. Orbcomm Inc.: Company Snapshot
Table 118. Orbcomm Inc.: Product Segments
Table 119. Orbcomm Inc.: Product Portfolio
Table 120. Orbcomm Inc.: Key Stratergies
Table 121. Thales Group: Key Executives
Table 122. Thales Group: Company Snapshot
Table 123. Thales Group: Product Segments
Table 124. Thales Group: Product Portfolio
Table 125. Thales Group: Key Stratergies
Table 126. Viasat Inc.: Key Executives
Table 127. Viasat Inc.: Company Snapshot
Table 128. Viasat Inc.: Product Segments
Table 129. Viasat Inc.: Product Portfolio
Table 130. Viasat Inc.: Key Stratergies
List of Figures
Figure 01. Satellite Communication System Market, 2021-2031
Figure 02. Segmentation of Satellite Communication System Market, 2021-2031
Figure 03. Top Investment Pockets in Satellite Communication System Market (2022-2031)
Figure 04. High Bargaining Power of Suppliers
Figure 05. High Bargaining Power of Buyers
Figure 06. Moderate Threat of Substitutes
Figure 07. High Threat of New Entrants
Figure 08. High Intensity of Rivalry
Figure 09. Drivers, Restraints and Opportunities: Globalsatellite Communication System Market
Figure 10. Patent Analysis by Company
Figure 11. Patent Analysis by Country
Figure 12. Satellite Communication System Market, by Satellite Orbit, 2021 (%)
Figure 13. Comparative Share Analysis of Satellite Communication System Market for Low Earth Orbit (Leo), by Country 2021-2031 (%)
Figure 14. Comparative Share Analysis of Satellite Communication System Market for Medium Earth Orbit (Meo), by Country 2021-2031 (%)
Figure 15. Comparative Share Analysis of Satellite Communication System Market for Geostationary Orbit (Geo), by Country 2021-2031 (%)
Figure 16. Satellite Communication System Market, by Component, 2021 (%)
Figure 17. Comparative Share Analysis of Satellite Communication System Market for Equipment, by Country 2021-2031 (%)
Figure 18. Comparative Share Analysis of Satellite Communication System Market for Services, by Country 2021-2031 (%)
Figure 19. Satellite Communication System Market, by End-user, 2021 (%)
Figure 20. Comparative Share Analysis of Satellite Communication System Market for Maritime, by Country 2021-2031 (%)
Figure 21. Comparative Share Analysis of Satellite Communication System Market for Aerospace and Defense, by Country 2021-2031 (%)
Figure 22. Comparative Share Analysis of Satellite Communication System Market for Industrial, by Country 2021-2031 (%)
Figure 23. Comparative Share Analysis of Satellite Communication System Market for Government, by Country 2021-2031 (%)
Figure 24. Comparative Share Analysis of Satellite Communication System Market for Transportation and Logistics, by Country 2021-2031 (%)
Figure 25. Comparative Share Analysis of Satellite Communication System Market for Media, by Country 2021-2031 (%)
Figure 26. Comparative Share Analysis of Satellite Communication System Market for Others, by Country 2021-2031 (%)
Figure 27. Satellite Communication System Market by Region, 2021
Figure 28. U.S. Satellite Communication System Market, 2021-2031 ($Million)
Figure 29. Canada Satellite Communication System Market, 2021-2031 ($Million)
Figure 30. Mexico Satellite Communication System Market, 2021-2031 ($Million)
Figure 31. UK Satellite Communication System Market, 2021-2031 ($Million)
Figure 32. Germany Satellite Communication System Market, 2021-2031 ($Million)
Figure 33. France Satellite Communication System Market, 2021-2031 ($Million)
Figure 34. Spain Satellite Communication System Market, 2021-2031 ($Million)
Figure 35. Rest of Europe Satellite Communication System Market, 2021-2031 ($Million)
Figure 36. China Satellite Communication System Market, 2021-2031 ($Million)
Figure 37. Japan Satellite Communication System Market, 2021-2031 ($Million)
Figure 38. India Satellite Communication System Market, 2021-2031 ($Million)
Figure 39. South Korea Satellite Communication System Market, 2021-2031 ($Million)
Figure 40. Rest of Asia-Pacific Satellite Communication System Market, 2021-2031 ($Million)
Figure 41. Latin America Satellite Communication System Market, 2021-2031 ($Million)
Figure 42. Middle East Satellite Communication System Market, 2021-2031 ($Million)
Figure 43. Africa Satellite Communication System Market, 2021-2031 ($Million)
Figure 44. Top Winning Strategies, by Year
Figure 45. Top Winning Strategies, by Development
Figure 46. Top Winning Strategies, by Company
Figure 47. Product Mapping of Top 10 Players
Figure 48. Competitive Dashboard
Figure 49. Competitive Heatmap: Satellite Communication System Market
Figure 50. Top Player Positioning, 2021
Figure 51. Al Yah Satellite Communications Company Pjsc (Yahsat): Net Revenue, 2019-2021 ($Million)
Figure 52. Al Yah Satellite Communications Company Pjsc (Yahsat): Revenue Share by Segment, 2021 (%)
Figure 53. Al Yah Satellite Communications Company Pjsc (Yahsat): Revenue Share by Region, 2021 (%)
Figure 54. Gilat Satellite Networks: Net Revenue, 2019-2021 ($Million)
Figure 55. Gilat Satellite Networks: Research & Development Expenditure, 2019-2021
Figure 56. Gilat Satellite Networks: Revenue Share by Region, 2021 (%)
Figure 57. Gilat Satellite Networks: Revenue Share by Segment, 2021 (%)
Figure 58. Iridium Communications Inc.: Net Revenue, 2019-2021 ($Million)
Figure 59. Iridium Communications Inc.: Research & Development Expenditure, 2019-2021
Figure 60. Iridium Communications Inc.: Revenue Share by Region, 2021 (%)
Figure 61. Kvh Industries, Inc.: Net Sales, 2019-2021 ($Million)
Figure 62. Kvh Industries, Inc.: Research & Development Expenditure, 2019-2021
Figure 63. Kvh Industries, Inc.: Revenue Share by Segment, 2021 (%)
Figure 64. L3Harris Technologies Inc.: Net Revenue, 2019-2021 ($Million)
Figure 65. L3Harris Technologies Inc.: Research & Development Expenditure, 2019-2021
Figure 66. L3Harris Technologies Inc.: Revenue Share by Segment, 2021 (%)
Figure 67. L3Harris Technologies Inc.: Revenue Share by Region, 2021 (%)
Figure 68. Orbcomm Inc.: Net Sales, 2019-2021 ($Million)
Figure 69. Thales Group: Research & Development Expenditure, 2019-2021
Figure 70. Thales Group: Net Sales, 2019-2021 ($Million)
Figure 71. Thales Group: Revenue Share by Segment, 2021 (%)
Figure 72. Thales Group: Revenue Share by Region, 2021 (%)
Figure 73. Viasat Inc.: Research & Development Expenditure, 2019-2021
Figure 74. Viasat Inc.: Net Sales, 2019-2021 ($Million)
Figure 75. Viasat Inc.: Revenue Share by Segment, 2021 (%)
Figure 76. Viasat Inc.: Revenue Share by Region, 2021 (%)
Executive Summary
According to the report titled, “Satellite Communication System Market," The satellite communication system market was valued at $25.8 billion in 2021, and is estimated to reach $61.5 billion by 2031, growing at a CAGR of 9.5% from 2022 to 2031.A wide range of industrial applications use satellite communication system, including media broadcasting, extending broadband coverage, setting up 5G communications systems, integrating and combining various wired and wireless technologies, earth observation, defense and security applications, and surveillance. Unabated demand for broadband communications persists, and it is not always location based. These demands include the need for connectivity for passengers on planes, ships, and moving and stationary vehicles (including emergency vehicles). These three distinct platforms require constant communication along their journeys, which frequently pass-through underserved portions of big cities and less heavily inhabited regions.
Key factors driving the growth of the Satellite communication system market include the reduction in satellite communication systems device costs, new business models and applications, and IoT adoption have all contributed to an increase in connected devices and endpoints globally. Global rollout of NB-IoT and Cat-M1 huge IoT technologies is still ongoing. In comparison to broadband IoT cellular connections, Massive IoT technologies are expected to account for 51% of all cellular IoT connections. Satellite communication is becoming increasingly necessary as a result of the large rise in IoT adoption, which is fostering the development of the market under investigation. Companies globally are concentrating on extending their IoT reach through strategic partnerships, alliances, and collaborations as more businesses adopt the Internet of Things. For instance, For instance, in November 2021, Rakuten Mobile, in partnership with the University of Tokyo Graduate School of Engineering, jointly expanded the reach of Internet of Things (IoT)s networks by using Low Earth Orbit (LEO) satellites to enable long-distance communications with existing narrowband (NB) devices. The partnership is expected to focus on stabilizing and optimizing LTE satellite communications, developing relevant NB-IoT software, and exploring use cases for IoT ultra-coverage.
The market also offers growth opportunities to the key players in the market. One of the smallest 2-way satellite communications systems is a portable satellite communications terminal, often known as a satellite communicator or hotspot. An inbuilt GPS chip in the gadget is used to track its whereabouts. This information is transmitted when the SEND is activated through commercial satellites to a commercial monitoring agency, whose job it is to transmit the information to the proper reacting agency. Participants in sports including hiking, mountain biking, climbing, sailing, and flying are typical users of these gadgets. Additionally, it helps people who work in faraway locations (loggers, foresters, geologists, fisheries, and wildlife staff). Sending pre-programmed messages and Google Earth breadcrumb tracking are further options. Some newer devices offer 2-way communication via satellite; for example, Germin InReach mini, Spot X, Zoleo satellite communicator, and Bivy stick blue.
The global Satellite communication system market is segmented on the basis of satellite orbit, component, end user and region. On the basis of satellite orbit, the market is divided into Low Earth Orbit (LEO), Medium Earth Orbit (MEO), and Geostationary Orbit (GEO). Based on component, the market is segregated into equipment and service. On the basis of end user, the market is divided into industrial, transportation and logistics, aerospace and defense, maritime, government, media, and others.
Competitive analysis and profiles of the major global Satellite communication system market players that have been provided in the report include Advantech Wireless Technologies Inc. (Baylin Technologies), Al Yah Satellite Communications Company PJSC (Yahsat), Gilat Satellite Networks, Inmarsat Communications, Iridium Communications Inc., KVH Industries, Inc., L3Harris Technologies Inc., Orbcomm Inc., Thales Group, and ViaSat Inc.
Key Market Insights
- By satellite orbit, the Low Earth Orbit (LEO) segment was the highest revenue contributor to the market, with $9,144.9 million in 2021, and is estimated to reach $18,619.8 million by 2031, with a CAGR of 7.81%.
- By component, the Services segment was the highest revenue contributor to the market, with $17,122.6 million in 2021, and is estimated to reach $39,002.6 million by 2031, with a CAGR of 9.04%..
- By end user, the Media segment was the highest revenue contributor to the market, with $6,047.6 million in 2021, and is estimated to reach $17,033.5 million by 2031, with a CAGR of 11.36%.
- Based on region, Europe was the highest revenue contributor, accounting for $8,634.4 million in 2021, and is estimated to reach $19,899.4 million by 2031, with a CAGR of 9.17%. Asia-Pacific is estimated to reach $21,509.5 million by 2031, at a significant CAGR of 10.97%.
Companies Mentioned
- Al Yah Satellite Communications Company PJSC (Yahsat)
- gilat satellite networks
- Inmarsat Communications
- KVH Industries, Inc.
- L3Harris Technologies Inc.
- Thales Group
- Viasat Inc.
- Iridium Communications Inc.
- ORBCOMM Inc.
- Advantech Wireless Technologies Inc. (Baylin Technologies)
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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