SATCOM Transceivers Global Market Report 2024

The SATCOM Transceivers market size has grown rapidly in recent years. It will grow from $24.33 billion in 2023 to $26.81 billion in 2024 at a compound annual growth rate (CAGR) of 10.20%. The expansion observed in the historic period can be attributed to several factors, including the growing utilization of SATCOM transceivers in defense and military applications, their increasing adoption within commercial aviation, the burgeoning growth of the commercial space industry, rising demand for remote sensing applications, and the integration of the Internet of Things (IoT) into various sectors.

The SATCOM Transceivers market size is expected to see rapid growth in the next few years. It will grow to $39.26 billion in 2028 at a compound annual growth rate (CAGR) of 10.00%. The projected growth is driven by increased demand for real-time data transfer, the proliferation of unmanned aerial vehicles (UAVs) and autonomous systems, a rising number of satellite launches, escalating demand for in-flight connectivity, and the expanding market for high-throughput satellites (HTS). Key trends in the forecast period encompass technological advancements in SATCOM transceivers, progress in satellite technology, developments in RF and microwave technologies, the evolution of software-defined radios (SDR) technology, and the integration of artificial intelligence (AI).

The rise in satellite launches is anticipated to propel the growth of the SATCOM transceivers market in the coming years. Satellite launches involve deploying satellites into space via launch vehicles or rockets, either to orbit Earth or to explore celestial bodies. This increase in satellite launches is driven by factors such as government funding, cost-effectiveness, rapid development cycles, and the versatility of satellite technology. SATCOM transceivers play a vital role in enabling real-time communication between satellites and ground control stations, facilitating command and control operations, data transmission, and monitoring satellite health and status. For example, as reported by the U.S. Government Accountability Office in September 2022, the number of satellites in orbit reached nearly 5,500 in 2022, with an estimated additional 58,000 satellites expected to be launched by 2030, highlighting the significant growth potential of the SATCOM transceivers market.

Key players in the SATCOM transceivers market are strategically focusing on the development of innovative technologies such as very small aperture terminals (VSAT) to drive profitability and market expansion. VSAT technology enables reliable point-to-point communication links for data, voice, or video transmission via SATCOM transceivers, facilitating global communication and connectivity. This technology enables access to data and information from various locations worldwide. For instance, Cobham Ltd., a UK-based aerospace company, launched the SAILOR 1000 XTR Ka and SAILOR 600 XTR Ka antennas in August 2022 as part of the SAILOR XTR series. These antennas boast advanced VSAT capabilities, dual-polarization, and wide-band Ka capabilities, enhancing broadband access via the THOR 7 satellite. They are designed for seamless tech integration, easy setup, and superior performance, aiming to enhance safety, reduce costs, and minimize environmental impact through reliable data connectivity on Telenor Satellite's European network.

In August 2021, Space Exploration Technologies Corp. (SpaceX), a US-based astronautics company, acquired Swarm Technologies Inc., a US-based satellite technology company, for an undisclosed amount. Through this acquisition, SpaceX aimed to leverage Swarm Technologies' expertise in satellite Internet-of-Things (IoT) connectivity. This strategic move allowed SpaceX to enhance its team, expand its technological capabilities in IoT, and enter new markets leveraging Swarm Technologies' established relationships and regulatory channels. Swarm Technologies specializes in developing constellations of satellites in low Earth orbit (LEO) to enhance communication capabilities, particularly for IoT applications.

Major companies operating in the satcom transceivers market report are Hitachi Ltd., The Boeing Company, Airbus SE, Northrop Grumman Corporation, Mitsubishi Electric Corporation, Honeywell International Inc., Fujitsu Limited, NEC Corporation, Thales Group, L3Harris Technologies Inc., Kyocera Corporation, Viasat Inc., Cobham Limited, Rohde & Schwarz GmbH & Co. KG, SES S.A., Intelsat Ltd., Iridium Communications Inc., KVH Industries Inc., Comtech EF Data Corporation, AnaCom Inc., Intellian Technologies Inc., Advantech Wireless Technologies Inc., Skyware Technologies Limited, ACORDE TECHNOLOGIES S.A., Amplus Communication Pte. Ltd., ViaLite Communications LLC, Arralis Ltd.

North America was the largest region in the SATCOM transceivers market in 2023. The regions covered in the satcom transceivers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the satcom transceivers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

SATCOM transceivers are essential devices that facilitate the transmission and reception of voice and data communications via satellites. They play a crucial role in enabling long-distance communication across various sectors such as maritime, aviation, military, and emergency services. These transceivers ensure global connectivity, bridging communication gaps even in remote or challenging environments.

The primary components of SATCOM transceivers include navigation, scientific research, communication, remote sensing, and others. Navigation involves planning and following routes for transportation purposes. These transceivers utilize a range of frequency bands such as the K band, C band, X band, Ku band, and others. They serve diverse applications such as air traffic control, satellite communication, direct-to-home services, X-ray imaging, electronic countermeasures (ECM), food processing, material processing, and more.

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

The SATCOM transceivers market consists of revenues earned by entities by providing services such as data transmission, internet access, video broadcasting, and disaster recovery. The market value includes the value of related goods sold by the service provider or included within the service offering. The SATCOM transceivers market also includes sales of power amplifiers, satellite antennas, low-noise block downconverters, signal processing software, security software, and mobile satellite phones, which are used in providing services. 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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