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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global SATCOM Equipment Market Outlook
The global SATCOM equipment market attained a value of USD 32.79 billion in 2023. The SATCOM equipment market is further expected to grow in the forecast period of 2024-2032 at a CAGR of about 10.5% to reach about USD 80.64 billion by 2032.
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Properties and Applications
SATCOM equipment collects real-time data, incorporates targets, and tracks and locates undetected tunnels, among other uses. The equipment for satellite communication is equipped for a range of beneficial uses, including distance learning, TV, cellular backhaul, etc.
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Based on the product, the SATCOM equipment market can be divided into:
- SATCOM Receiver
- SATCOM Transmitter
- SATCOM Transceiver
- SATCOM Antenna
- SATCOM Modem/Router
- Others
SATCOM receiver is further divided into low-noise amplifier, down converter, demodulator, and decoder.
SATCOM transmitter can further be classified into modulator, up converter, high power amplifier, and encode.
The SATCOM equipment market can be broadly categorised based on its applications into:
- Portable SATCOM Equipment
- Land Mobile SATCOM Equipment
- Maritime SATCOM Equipment
- Airborne SATCOM Equipment
- Land Fixed SATCOM Equipment
The EMR report looks into the regional SATCOM equipment markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The growing demand in the aviation industry and the increased need for uninterrupted communication across various industries are the key drivers for the market growth. In addition, the increasing use of cloud-based services for the ground mobility platform would provide extensive market growth opportunities. Nevertheless, high component and production costs can impede the growth of the market in the coming years.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global SATCOM equipment market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- General Dynamics Mission Systems, Inc.
- L3Harris Technologies, Inc.
- Cobham Limited
- Iridium Communications Inc.
- Gilat Satellite Networks Ltd.
- Viasat, Inc.
- ASELSAN A.S.
- Intellian Technologies, Inc.
- Campbell Scientific, Inc.
- ST Engineering iDirect, Inc.
- Others
The EMR report gives an in-depth insight into the SATCOM equipment market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Technology |
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market attained a value of approximately USD 32.79 billion.
The market is projected to grow at a CAGR of 10.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 80.64 billion by 2032.
The major drivers of the market include rising population, growing demand in the aviation industry, and the increased need for uninterrupted communication across various industries.
The increasing use of cloud-based services for ground mobility platforms and reduction of the cost of new space missions are expected to be key trends guiding the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The product types of SATCOM equipment available are SATCOM receiver, SATCOM transmitter, SATCOM transceiver, SATCOM antenna, and SATCOM modem/router, amongst others. SATCOM receiver is further divided into low-noise amplifier, down converter, demodulator, and decoder. SATCOM transmitter can further be classified into modulator, up converter, high power amplifier, and encode.
By technology, the market can be divided into SATCOM VSAT, SATCOM-on-the-move (SOTM), SATCOM-on-the-pause (SOTP), SATCOM telemetry, and SATCOM automatic identification system.
SATCOM equipment find applications as portable SATCOM equipment, land mobile SATCOM equipment, maritime SATCOM equipment, airborne SATCOM equipment, and land fixed SATCOM equipment.
The end uses in the market include telecom and IT, scientific research and development, transportation and logistics, media and entertainment, government and defence, homeland SATCOM equipment, and public safety, among others.
The leading players in the global SATCOM equipment market are General Dynamics Mission Systems, Inc., L3Harris Technologies, Inc., Cobham Limited, Iridium Communications Inc., Gilat Satellite Networks Ltd., Viasat, Inc., ASELSAN A.S., Intellian Technologies, Inc., Campbell Scientific, Inc., and ST Engineering iDirect, Inc., amongst others.
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