Global Satellite Communication (SATCOM) Equipment Market – Analysis and Forecast (2018-2024)

Industry Insights by Product (Satcom Transmitter/Transponder, Satcom Antenna, Satcom Receiver, Satcom Transceiver, Satcom Modem/Router, and Others), by Vertical (Commercial and Government & Defense), by Technology (Satcom-On-The-Pause (SOTP), Satcom Vsat, Satcom Automatic Identification System, Satcom-On-The-Move (SOTM), and Satcom Telemetry), and by End User (Land Fixed Satcom Equipment, Portable Satcom Equipment, Maritime Satcom Equipment, Land Mobile Satcom Equipment, and Airborne Satcom Equipment)

Status : Upcoming
Report Code : VRICT5080
Available Format : PDF
Industry : ICT & Media

Industry Overview

Satellite communication equipment is expended in an extensive range of applications, such as military, telecommunications, weather monitoring, and navigation. The mounting requirement for continuous communication in several industries and augmented requirement for elevated throughput satellite services are the factors driving the growth of the global satellite communication equipment.

Different products such as satcom transmitter/transponder, satcom antenna, satcom receiver, satcom transceiver, and satcom modem/router contributed to the satellite communication equipment market size. The market has witnessed a high demand for satcom transceiver segment due to the mounting usage of satellites for navigational purposes and surveillance by defense authorities.

Market Segmentation

Insight by Product

On the basis of the product, the market is subdivided into satcom transmitter/transponder, satcom antenna, satcom receiver, satcom transceiver, satcom modem/router, and others. Of all the products, the satcom transceiver segment accounted the largest share and is expected to grow at the fastest rate in the market due to the mounting usage of satellites for navigational purposes and surveillance by defense authorities.

The satcom transmitter/transponder is further subdivided into up converter, encoder, modulator, and high power amplifier. In addition, satcom receiver is further subdivided into down converter, low-noise amplifier, demodulator, and decoder.

Insight by Vertical

On the basis of the vertical, the market is subdivided into commercial and government & defense. Among both vertical, the commercial segment accounted the larger share in the market, due to the constant decrease in the price of SATCOM systems. The commercial segment is further subdivided into transportation & logistics, telecom & IT, media & entertainment, scientific research & development, and others. The telecom & IT segment accounted the largest share in the market.

In addition, the government & defense segment is further subdivided into military, public safety, and homeland security & emergency management.

Insight by End User

On the basis of the end user, the market is subdivided into land fixed satcom equipment, portable satcom equipment, maritime satcom equipment, land mobile satcom equipment, and airborne satcom equipment. Among all end user, the maritime satcom equipment segment accounted the largest share in the market. In addition, land mobile satcom equipment segment is expected to grow at fastest rate in the market, as it is used to attain real-time data during warfare, and mounting usage by military forces to deliver improved strategic radio network competencies.

The portable satcom equipment segment is further subdivided into manpack, handheld, and deployable/flyaway. In addition, the land fixed sitcom equipment segment is further subdivided into command & control centers, and earth stations. The land mobile sitcom equipment segment is further subdivided into commercial vehicles, emergency vehicles, unmanned ground vehicles, military vehicles, and trains.

The maritime sitcom equipment segment is further subdivided into military ships, commercial ships, and unmanned maritime vehicles. Moreover, airborne satcom equipment segment is further subdivided into military aircraft, commercial aircraft, and unmanned aerial vehicles (UAV). The portable satcom equipment segment is further subdivided into the handheld, deployable/flyaway, and manpack.

Insight by Technology

On the basis of the technology, the market is subdivided into Satcom-On-The-Pause (SOTP), Satcom Vsat, Satcom Automatic Identification System, Satcom-On-The-Move (SOTM), and Satcom Telemetry.

Industry Dynamics

Industry Trends

Usage of extensive v band for satellite communication, controller-pilot data link communication (CPDLC), multiband tactical communication amplifiers, expansion of satcom on the move (SOTM) antennas, growth of small satellite constellations to improve communication, usage of huge reflectors for elevated speed broadcast, and active direct radiating array technologies are the trends in the satellite communication equipment market.

Growth Drivers

The mounting requirement for continuous communication in several industries, expanding usage of Internet of Things (IoT), augmented requirement for elevated throughput satellite services, mounting need for customized satcom solutions in the aviation industry, escalating usage of satcom equipment in space exploration, telemetry,and telecommunication, expanding requirement for customized satcom solutions in the maritime industry, and mounting fleet of independent and connected vehicles are the primary growth drivers for satellite communication equipment market.

Mounting usage of cloud-based services for ground mobility platform, and application of land mobile radios in various industries such as military & defense, and transportation are also facilitating the growth of the satellite communication equipment market.

Challenges

Elevated development and upholding cost of earth station infrastructures to maintain satcom devices, radio spectrum accessibility concerns, elevated satellite service price and cybersecurity issues are the major challenges for the growth of satellite communication equipment market.

Industry Ecosystem

Globally, the manufacturing companies trying to enter the satellite communication equipment market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier to the entry of new players. This offers an edge to the established players in the industry competition.

Geographic Overview

Geographically, North America accounted the largest share in the market, due to technological advancement. In addition, high demand for SATCOM equipment from NASA, and the mounting requirement for continuous communication in several industries are also driving the growth of the North American satellite communication equipment market.

Asia-Pacific is observed to witness the fastest growth in the market, due to the augmented usage of satellite antennas in automobiles. In addition, the upsurge in digital TV and escalation in the requirement for mobile broadband are also fueling the growth of the Asia-Pacific market.

Competitive Insight

Key players in the satellite communication equipment market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In July 2017, General Dynamics Mission Systems launched HOOK Combat Survival Radio (CSR), a direct line-of-sight voice and encoded two-way data communications, in order to locate and rescue lay down pilots and remote military personnel. General Dynamics, Intellian Technologies, L3 Technologies, Viasat, Gilat Satellite Networks, and Holkirk Communications are the key players offering satellite communication equipment.

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