Satellite Antenna Global Market Report 2024

The satellite antenna market size has grown rapidly in recent years. It will grow from $3.27 billion in 2023 to $3.61 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The growth observed in the historic period can be attributed to the global expansion of satellite communication, the demand for high data transmission rates, an increase in the demand for broadcasting services, applications in military and defense, and the needs for exploration and navigation.

The satellite antenna market size is expected to see rapid growth in the next few years. It will grow to $5.41 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The anticipated growth in the forecast period can be attributed to the emergence of low Earth orbit (LEO) satellites, the demand for high-frequency bands, the expansion of 5G satellite networks, and the increasing focus on space exploration missions. Major trends expected in the forecast period include the integration of artificial intelligence (AI) in antenna systems, a heightened demand for high-throughput satellite (HTS) systems, a specific focus on antenna design for electrically small satellites, increased emphasis on antenna testing and simulation, and a rising interest in inter-satellite links (ISL).

The satellite antenna market is witnessing growth due to the rising demand for small satellites. Small satellites offer cost efficiency and effective connectivity, driving their increased deployment. The United States Government Accountability Office (GAO) and Euroconsult aim to launch a considerable number of tiny satellites by 2030. As of spring 2022, there are about 5,500 active satellites in orbit, with projections estimating an additional 58,000 launches by 2030, particularly in low Earth orbit (LEO). The growing demand for small satellites is boosting the market demand for satellite antennas.

The satellite antenna market is witnessing growth due to the increasing adoption of IoT devices. IoT devices, part of a network of interconnected physical devices, utilize satellite antennas for global coverage and seamless connectivity. Exploding Topics projects an anticipated 25.4 billion IoT devices by 2030. The rising adoption of IoT devices is driving the growth of the satellite antenna market.

The satellite antenna market witnesses a key trend in the development of ultra-compact satellite antennas for defense and combat purposes. ThinKom Solutions, a US-based satellite antenna manufacturer, was selected by the US Army in 2021 to supply phased-array satellite terminals for a pilot program evaluating communications on-the-move (COTM) options for U.S. Army Armored Brigade Combat Teams (ABCT). These ultra-compact satellite antennas offer high data rate transmission for IP-based voice and video transfer capabilities, crucial for ground troops in critical missions.

Major companies in the satellite antenna market are introducing new products such as flat panel antennas to gain a competitive edge. A flat panel antenna, characterized by its flat, planar shape, was launched by Kymeta Corporation, a US-based company specializing in satellite communication and flat-panel antenna technology, in June 2023. The Peregrine u8 LEO terminal aims to revolutionize marine communications with its energy efficiency, compact size, and not requiring high-power below-deck hardware, providing solutions for military and commercial applications.

In May 2023, Viasat Inc., a US-based communications company providing satellite and wireless communication services, acquired Inmarsat Global Limited for an undisclosed amount. This acquisition was expected to broaden access to a wider range of international services, emphasizing enhanced connectivity for government and consumer markets. Inmarsat Global Limited, based in the UK, is a satellite telecommunications company providing mobile communication services via satellite.

Major companies operating in the satellite antenna market report are Airbus SAS, General Dynamics Corporation, Mitsubishi Electric Corporation, Honeywell International Inc., Thales Group, L3Harris Technologies, CommScope Holding Company Inc., Viasat Inc., Cobham PLC, Advantech Wireless Inc., EchoStar Corporation, Romantis GmbH, Maxar Technologies Inc., Inmarsat Global Limited, Skyware Technologies Ltd., Airbus Defence and Space Government Solutions Inc., MacDonald Dettwiler and Associates Ltd., Communications & Power Industries LLC, Comtech Telecommunications Corp., Gilat Satellite Networks Ltd., Intellian Technologies Inc., Satcom Direct Communications Inc., SpaceStar Technology Applications Co. Ltd., Kymeta Corporation, Norsat International Inc., TECOM Industries Inc., C-COM Satellite Systems Inc., Pulse Power & Measurement Ltd., Elite Antennas Ltd., Orbital Systems (Pty) Ltd., SatPro Agro Pvt. Ltd., Skytech Research Ltd., ThinKom Solutions Inc.

North America was the largest region in the satellite antenna market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the satellite antenna market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the satellite antenna market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary types of satellite antennas encompass flat panel antennas, parabolic reflector antennas, and horn antennas. Parabolic reflector antennas find applications in domestic satellite television reception, terrestrial microwave data links, and general satellite communications. The components of satellite antennas include reflectors, feed horns, feed networks, low-noise converters, and others. These antennas operate in frequency bands such as C band, K/KU/KA band, S and L band, X band, VHF and UHF band, and are used in space, land, and maritime navigation.

The satellite antenna research report is one of a series of new reports that provides satellite antenna statistics, including satellite antenna industry global market size, regional shares, competitors with satellite antenna shares, detailed satellite antenna segments, market trends and opportunities, and any further data you may need to thrive in the satellite antenna industry. This satellite antenna research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The satellite antenna market consists of sales of wire antennas, horn antennas, reflector antennas, and array antennas. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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