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Satellite Communication Service and Equipment Global Market Report 2024

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    Report

  • 175 Pages
  • April 2024
  • Region: Global
  • The Business Research Company
  • ID: 5954616
The satellite communication service and equipment market size has grown exponentially in recent years. It will grow from $26.9 billion in 2023 to $32.59 billion in 2024 at a compound annual growth rate (CAGR) of 21%. The increase in the historical period can be credited to the growing demand for space data-as-a-service, investments in satellite communications for national security, the need for dependable communication networks in remote regions, the introduction of low earth orbit (LEO) satellites and constellations, and collaborative efforts between the public and private sectors to capitalize on opportunities in the space industry.

The satellite communication service and equipment market size is expected to see rapid growth in the next few years. It will grow to $65.03 billion in 2028 at a compound annual growth rate (CAGR) of 18.8%. The anticipated growth in the forecast period can be ascribed to the expansion of cellular networks, increased adoption of IoT devices, the development of high-throughput satellites (HTS), a rising need for high-speed communication, the flourishing commercial space industry, and the demand for satellite technology in military and government applications. Noteworthy trends expected in the forecast period include ongoing technological advancements, a higher demand for more efficient satellites, the surge in edge computing, increased investments in artificial intelligence, and the introduction of digital technologies.

The satellite communication service and equipment market is anticipated to experience growth due to the increasing deployment of satellites. Satellite deployment involves placing satellites into orbit around the Earth or other celestial bodies. The demand for satellite deployments arises from the necessity for global connectivity, remote sensing capabilities, and national security. This facilitates communication, observation, navigation, and data transmission across extensive distances and challenging terrains. Satellite communication services and equipment are utilized in satellite deployments to establish reliable data transmission links between ground stations and orbiting satellites. These links enable crucial tasks such as telemetry, tracking, and command functions essential for mission control and data retrieval. In April 2023, the United Nations Office for Outer Space Affairs reported a significant increase of 11.84%, reaching 8,261 individual satellites orbiting the Earth compared to April 2021, indicating the escalating demand for satellite deployments and subsequently propelling the growth of the satellite communication service and equipment market. By January 2022, a total of 12,293 space objects had been launched into space.

Key players in the satellite communication service and equipment market are actively pursuing technological innovation, with a focus on LTE-based satellite broadband devices. These devices leverage LTE (Long-Term Evolution) technology to connect to the internet via satellite communication. Combining the speed and reliability of LTE cellular networks with the global coverage of satellite connections, these devices play a crucial role in enabling mission-critical communications during both natural disasters and normal operations. For instance, in January 2024, Sasken Technologies Limited, a telecommunications company based in India, introduced an LTE-based satellite broadband device tailored for critical communications needs. This innovative product, providing services including emergency communication support, ensures reliable satellite communications during natural disasters such as tsunamis. The integration of LTE over mobile satellite equipment brings standard 3GPP services over satellite infrastructure, revolutionizing traditional communication methods and expanding connectivity options for critical operations.

In May 2023, Viasat Inc., a US-based internet service provider and commercial company, acquired Inmarsat Global Limited. This strategic acquisition is aimed at enhancing Viasat's innovation by providing improved capabilities in satellite communication equipment and services. Inmarsat Global Limited, a UK-based satellite telecommunications company specializing in satellite voice and data services, adds value to Viasat's offerings in terms of speed, flexibility, reliability, coverage, and security.

Major companies operating in the satellite communication service and equipment market are Raytheon Technologies Corporation, Lockheed Martin Corporation, Airbus SE, QualComm Technologies Inc., General Dynamics Corporation, Honeywell International Inc., Safran SA, Texas Instruments Inc., Thales SA, L3Harris Technologies Inc., Bharti Airtel Limited, STMicroelectronics N.V., Singapore Technologies Engineering Ltd., ViaSat Inc., SES S.A., Tata Communications Ltd., Hughes Network Systems LLC, Eutelsat Communications S.A., Sky Perfect JSAT Holdings Inc., Furuno Electric Co. Ltd., Comtech Telecommunications Corp., China Satellite Communications Co. Ltd., Gilat Satellite Networks Ltd., APT Satellite Holdings Limited, Tejas Networks Limited, Global Invacom Group Limited, Space Star Technology Co. Ltd., AsiaSat Satellite Telecommunications Ltd., Synertone Communication Corporation, Avanti Communications Group plc.

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

Satellite communication services and equipment encompass the technology, infrastructure, and services facilitating communication through Earth-orbiting satellites. These systems are instrumental in delivering a range of communication services, such as broadcasting, internet connectivity, telecommunication, and data transmission. Long-distance communication in remote areas, such as ships at sea, aircraft, and locations with limited terrestrial infrastructure, is made possible by this technology.

The primary categories of satellite communication services and equipment include satellite communication services and satellite communication equipment. Satellite communication services involve the sending and receiving of data, voice, and video signals via Earth-orbiting satellites. These satellites are utilized across various sectors, including broadcasting, telecommunications, aviation, maritime, and emergency response. The frequency bands encompass c band, l and s band, x band, ka band, ku band, very high frequency (VHF) and ultra-high frequency (UHF) bands, extremely high frequency (EHF) and super high frequency (SHF) bands, multi band, and q band. These bands find applications in diverse sectors, such as government and military, civil satellite communications, commercial, and others.

The satellite communication service and equipment research report is one of a series of new reports that provides satellite communication service and equipment market statistics, including the satellite communication service and equipment industry's global market size, regional shares, competitors with an satellite communication service and equipment market share, detailed satellite communication service and equipment market segments, market trends and opportunities, and any further data you may need to thrive in the satellite communication service and equipment industry. This satellite communication service and equipment market 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 communication service and equipment market consist of revenues earned by entities through customer subscription fees, data and messaging services, television broadcasting services, and internet and broadband services. The market value includes the value of related goods sold by the service provider or included within the service offering. The satellite communication service and equipment market also includes sales of satellite phones, modems, antennas, and transponders. 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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Table of Contents

1. Executive Summary2. Satellite Communication Service and Equipment Market Characteristics3. Satellite Communication Service and Equipment Market Trends and Strategies
4. Satellite Communication Service and Equipment Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Satellite Communication Service and Equipment Market Size and Growth
5.1. Global Satellite Communication Service and Equipment Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Satellite Communication Service and Equipment Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Satellite Communication Service and Equipment Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Satellite Communication Service and Equipment Market Segmentation
6.1. Global Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Satellite Communication Service
  • Satellite Communication Equipment
6.2. Global Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • C Band
  • L and S Band
  • X Band
  • Ka Band
  • Ku Band
  • Very High Frequency (VHF) and Ultra High Frequency (UHF) Bands
  • Extremely High Frequency (EHF) and Super High Frequency bands (SHF) Bands
  • Multi Band
  • Q Band
6.3. Global Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Government and Military Applications
  • Civil Satellite Communications
  • Commercial Application
  • Other Applications
7. Satellite Communication Service and Equipment Market Regional and Country Analysis
7.1. Global Satellite Communication Service and Equipment Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Satellite Communication Service and Equipment Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Satellite Communication Service and Equipment Market
8.1. Asia-Pacific Satellite Communication Service and Equipment Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Satellite Communication Service and Equipment Market
9.1. China Satellite Communication Service and Equipment Market Overview
9.2. China Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Satellite Communication Service and Equipment Market
10.1. India Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Satellite Communication Service and Equipment Market
11.1. Japan Satellite Communication Service and Equipment Market Overview
11.2. Japan Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Satellite Communication Service and Equipment Market
12.1. Australia Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Satellite Communication Service and Equipment Market
13.1. Indonesia Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Satellite Communication Service and Equipment Market
14.1. South Korea Satellite Communication Service and Equipment Market Overview
14.2. South Korea Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Satellite Communication Service and Equipment Market
15.1. Western Europe Satellite Communication Service and Equipment Market Overview
15.2. Western Europe Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Satellite Communication Service and Equipment Market
16.1. UK Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Satellite Communication Service and Equipment Market
17.1. Germany Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Satellite Communication Service and Equipment Market
18.1. France Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Satellite Communication Service and Equipment Market
19.1. Italy Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Satellite Communication Service and Equipment Market
20.1. Spain Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Satellite Communication Service and Equipment Market
21.1. Eastern Europe Satellite Communication Service and Equipment Market Overview
21.2. Eastern Europe Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Satellite Communication Service and Equipment Market
22.1. Russia Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Satellite Communication Service and Equipment Market
23.1. North America Satellite Communication Service and Equipment Market Overview
23.2. North America Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Satellite Communication Service and Equipment Market
24.1. USA Satellite Communication Service and Equipment Market Overview
24.2. USA Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Satellite Communication Service and Equipment Market
25.1. Canada Satellite Communication Service and Equipment Market Overview
25.2. Canada Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Satellite Communication Service and Equipment Market
26.1. South America Satellite Communication Service and Equipment Market Overview
26.2. South America Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Satellite Communication Service and Equipment Market
27.1. Brazil Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Satellite Communication Service and Equipment Market
28.1. Middle East Satellite Communication Service and Equipment Market Overview
28.2. Middle East Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Satellite Communication Service and Equipment Market
29.1. Africa Satellite Communication Service and Equipment Market Overview
29.2. Africa Satellite Communication Service and Equipment Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Satellite Communication Service and Equipment Market, Segmentation by Frequency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Satellite Communication Service and Equipment Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Satellite Communication Service and Equipment Market Competitive Landscape and Company Profiles
30.1. Satellite Communication Service and Equipment Market Competitive Landscape
30.2. Satellite Communication Service and Equipment Market Company Profiles
30.2.1. Raytheon Technologies Corporation
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Lockheed Martin Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Airbus SE
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. QualComm Technologies Inc.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. General Dynamics Corporation
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Satellite Communication Service and Equipment Market Other Major and Innovative Companies
31.1. Honeywell International Inc.
31.2. Safran SA
31.3. Texas Instruments Inc.
31.4. Thales SA
31.5. L3Harris Technologies Inc.
31.6. Bharti Airtel Limited
31.7. STMicroelectronics N.V.
31.8. Singapore Technologies Engineering Ltd.
31.9. ViaSat Inc.
31.10. SES S.A.
31.11. Tata Communications Ltd.
31.12. Hughes Network Systems LLC
31.13. Eutelsat Communications S.A.
31.14. Sky Perfect JSAT Holdings Inc.
31.15. Furuno Electric Co. Ltd.
32. Global Satellite Communication Service and Equipment Market Competitive Benchmarking33. Global Satellite Communication Service and Equipment Market Competitive Dashboard34. Key Mergers and Acquisitions in the Satellite Communication Service and Equipment Market
35. Satellite Communication Service and Equipment Market Future Outlook and Potential Analysis
35.1 Satellite Communication Service and Equipment Market in 2028 - Countries Offering Most New Opportunities
35.2 Satellite Communication Service and Equipment Market in 2028 - Segments Offering Most New Opportunities
35.3 Satellite Communication Service and Equipment Market in 2028 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Satellite Communication Service And Equipment Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on satellite communication service and equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for satellite communication service and equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The satellite communication service and equipment market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Satellite Communication Service; Satellite Communication Equipment
2) By Frequency: C Band; L And S Band; X Band; Ka Band; Ku Band; Very High Frequency (VHF) And Ultra High Frequency (UHF) Bands; Extremely High Frequency (EHF) And Super High Frequency bands (SHF) Bands; Multi Band; Q Band.
3) By Application: Government And Military Applications; Civil Satellite Communications; Commercial Application; Other Applications.

Key Companies Mentioned: Raytheon Technologies Corporation; Lockheed Martin Corporation; Airbus SE; QualComm Technologies Inc.; General Dynamics Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Raytheon Technologies Corporation
  • Lockheed Martin Corporation
  • Airbus SE
  • QualComm Technologies Inc.
  • General Dynamics Corporation
  • Honeywell International Inc.
  • Safran SA
  • Texas Instruments Inc.
  • Thales SA
  • L3Harris Technologies Inc.
  • Bharti Airtel Limited
  • STMicroelectronics N.V.
  • Singapore Technologies Engineering Ltd.
  • ViaSat Inc.
  • SES S.A.
  • Tata Communications Ltd.
  • Hughes Network Systems LLC
  • Eutelsat Communications S.A.
  • Sky Perfect JSAT Holdings Inc.
  • Furuno Electric Co. Ltd.
  • Comtech Telecommunications Corp.
  • China Satellite Communications Co. Ltd.
  • Gilat Satellite Networks Ltd.
  • APT Satellite Holdings Limited
  • Tejas Networks Limited
  • Global Invacom Group Limited
  • Space Star Technology Co. Ltd.
  • AsiaSat Satellite Telecommunications Ltd.
  • Synertone Communication Corporation
  • Avanti Communications Group plc

Methodology

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