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iCrowdNewswire Nov 3, 2020 5:00 AM ET

Satellite Communication Market To See Extraordinary Growth | SES S.A., Viasat Inc., Intelsat Corporation, Telesat


iCrowd Newswire - Nov 3, 2020

Global Satellite Communication Market Size study, by Component (Equipment and Services), by Application (Voice Communication, Broadcasting and Data Communication), by End-Use Industry (Maritime, Aerospace & Defense, Industrial, Transportation & Logistics, Agriculture, Media, Government & Public Safety, Enterprises and Others) and Regional Forecasts 2020-2027  , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of 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. It places the market within the context of the wider Satellite Communication market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Satellite Communication market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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Key Segments Studied in the Global Satellite Communication Market

Global Satellite Communication Market is valued approximately at USD 62.19 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 9.2% over the forecast period 2020-2027. Satellite Communication is sending, receiving and processing of information or in other words telecommunication. It relays and amplifies radio telecommunication signals via a transponder. The growing need for uninterrupted communication in various industries and increasing need for high throughput satellite services will drive the market growth. Moreover, increasing use of internet of things (IoT) and growing fleet of autonomous and connected vehicles are the few factors responsible for growth of the market over the forecast period. The rising IoT spending along with the increasing demand for wireless distributed control system in Asia pacific regions, may act as a major driving factor to the growth of the market during the forecast period. According to Statista, the China led the Asia Pacific region in terms of IoT spending, spend around USD 168 billion in 2019. Further the number of internet connections in China was 1.59 billion in 2017 and has risen by 6 billion in 2020. Furthermore, the introduction of products and services along with other strategic alliance by market key players will create a lucrative demand for this market.  For instance: on 25th October 2018, Viasat Inc., enter into an agreement with SpaceX to launch its ViaSat-3 satellite missions in the 2020 – 2022 timeframe from the Launch Complex 39A (LC-39A) at NASA’s Kennedy Space Center in Florida. This mission aims to deliver terabits of data from space to meet growing global broadband demand and will directly-inject close to geostationary orbit. Whereas, high development and maintenance cost of earth station infrastructures to support satcom devices the growth of global Satellite Communication  market during the forecast period.

The regional analysis of global Satellite Communication market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world owing to the rising demand for continuous communication by the defense industry and increased demand for SATCOM equipment by the US defense department. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:

SES S.A.

Viasat Inc.

Intelsat Corporation

Telesat

EchoStar Corporation

L3 Technologies, Inc.

Thuraya Telecommunications Company

SKY Perfect JSAT Group

Gilat Satellite Networks

Cobham Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

by Component:

Equipment

Services

by Application:

Voice Communication

Broadcasting

Data Communication

By End-Use Industry:

Maritime

Aerospace & Defense

Industrial

Transportation & Logistics

Agriculture

Media

Government & Public Safety

Enterprises

Others

 A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

 Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.

Study Explore :

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 Geographical Breakdown: 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 impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

The study objectives of this report are:

The Study Explore COVID 19 Outbreak Impact Analysis

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Key Points Covered in Satellite Communication Market Report:

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Satellite Communication market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Satellite Communication  Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

……..and view more in complete table of Contents

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Keywords:    Satellite Communication Market, Satellite Communication Market Analysis, Satellite Communication Market Growth, Satellite Communication Market Scope, Satellite Communication Market Share, Satellite Communication Market Trend, Satellite Communication Market Development, Satellite Communication Market Sales, Satellite Communication Market Forecast, Satellite Communication Market Opportunities, Satellite Communication Market Size

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