Increasing launch of satellites for navigation, communication, remote sensing, and similar applications is creating a demand for the SATCOM equipment. Private companies in the developed regions are investing in the launches of small satellites into low earth orbits. The current SATCOM equipment market landscape is likely to witness favorable growth on account of blooming satellite industry and growing participation by private players during the forecast period.
The SATCOM equipment market is anticipated to grow in the forecast period owing to driving factors such as increasing demand for Ku-band and Ka-band satellites coupled with an increasing need for satellite networks for internet access. Moreover, a growing need for earth observation and communication is further likely to augment market growth. However, cybersecurity concerns and high costs of satellite service may hamper the growth of the SATCOM equipment market in the forecast period. On the other hand, newer optical technologies for inter-satellite communication offer lucrative opportunities to key players operating in the market.
Get sample PDF copy @ https://www.theinsightpartners.com/sample/TIPRE00006118/
Leading industry players with information such as company profiles,
– Airbus S.A.S.
– Ball Corporation
– Cobham plc
– General Dynamics Mission Systems, Inc.
– Honeywell International Inc.
– L3 Harris
– MDA Corporation (Maxar Technologies)
– Mitsubishi Electric Corporation
– NEC Corporation
– RUAG Group
The global SATCOM equipment market is segmented on the basis of component, satellite type, application, and end user. By component, the market is segmented as transponders, transceivers, converters, amplifiers, space antennas, and others. Based on satellite type, the market is segmented as CubeSat, small, medium, and large. On the basis of the application, the market is segmented as earth observation & remote sensing, communication, navigation, scientific research & exploration, and others. The market on the basis of the end user is classified as commercial and military.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global SATCOM equipment market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The SATCOM equipment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The reports cover key developments in the SATCOM equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from SATCOM equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for SATCOM equipment in the global market. Below mentioned is the list of few companies engaged in the SATCOM equipment market.
Buy Now This Report at: https://www.theinsightpartners.com/buy/TIPRE00006118/
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.