Satellite Communication (SATCOM) Equipment

Global Satellite Communication (SATCOM) Equipment Market to Reach US$46.1 Billion by 2030

The global market for Satellite Communication (SATCOM) Equipment estimated at US$25.7 Billion in the year 2024, is expected to reach US$46.1 Billion by 2030, growing at a CAGR of 10.3% over the analysis period 2024-2030. LEO Orbit Connectivity, one of the segments analyzed in the report, is expected to record a 10.3% CAGR and reach US$38.9 Billion by the end of the analysis period. Growth in the MEO / GEO Orbit Connectivity segment is estimated at 9.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$9.5 Billion While China is Forecast to Grow at 11.6% CAGR

The Satellite Communication (SATCOM) Equipment market in the U.S. is estimated at US$9.5 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.0 Billion by the year 2030 trailing a CAGR of 11.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 8.9% and 10.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9.7% CAGR.

Global Satellite Communication (SATCOM) Equipment Market - Key Trends & Drivers Summarized

Satellite communication (SATCOM) equipment forms the backbone of global telecommunications, enabling data transmission across vast distances where terrestrial infrastructure is impractical or non-existent. This equipment includes a variety of devices such as satellite transponders, modems, antennas, and ground stations, all of which work together to facilitate seamless communication. SATCOM systems are critical for various applications, including television broadcasting, internet access, military communications, and disaster recovery. These systems operate in different frequency bands, such as C-band, Ku-band, and Ka-band, each suited to specific applications and environments. The integration of SATCOM equipment into global networks ensures that remote and underserved areas have access to vital communication services, thereby bridging the digital divide and supporting global connectivity.

Technological advancements have significantly enhanced the capabilities and efficiency of SATCOM equipment. Innovations in satellite technology, such as the development of high-throughput satellites (HTS) and low Earth orbit (LEO) constellations, have revolutionized data transmission by offering higher bandwidth, lower latency, and increased coverage. Modern SATCOM equipment incorporates advanced signal processing techniques, adaptive coding, and modulation schemes, which improve the reliability and efficiency of data links. Furthermore, the miniaturization of electronic components and the use of lightweight materials have reduced the size and weight of SATCOM terminals, making them more portable and easier to deploy in various environments. These advancements have expanded the applications of SATCOM equipment, making it indispensable for modern communication networks, including emerging technologies like the Internet of Things (IoT) and autonomous systems.

The growth in the SATCOM equipment market is driven by several factors, including the increasing demand for high-speed internet connectivity, the expansion of satellite-based services, and advancements in satellite and communication technologies. The proliferation of connected devices and the need for reliable communication networks in remote and rural areas have spurred the demand for SATCOM solutions. The deployment of next-generation satellite constellations, such as those in LEO, has further enhanced the capacity and performance of SATCOM networks, driving the need for advanced ground equipment. Additionally, the rising use of SATCOM in military and defense applications, as well as in disaster response and emergency communications, has bolstered market growth. Regulatory initiatives promoting the expansion of broadband services and the growing investment in satellite infrastructure are also key factors contributing to the robust growth of the SATCOM equipment market, highlighting its critical role in global communications and technological advancement.

SCOPE OF STUDY:

The report analyzes the Satellite Communication (SATCOM) Equipment market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Connectivity (LEO Orbit, MEO / GEO Orbit); Technology (SOTM / COTM, SOTP); Platform (Airborne, Maritime, Land Mobile, Portable, Land-Fixed); Vertical (Commercial, Government & Defense)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 98 Featured) -

• Airbus SE
• Ball Aerospace & Technologies Corporation
• China Aerospace Science and Technology Corporation (CASC)
• EchoStar Corporation
• General Dynamics Mission Systems, Inc.
• Honeywell International Inc.
• Intelsat US LLC
• ISIS - Innovative Solutions in Space B.V.
• L3Harris Technologies Inc.
• Mitsubishi Electric Corporation
• Oxford Space Systems
• RTX Corporation
• SES S.A.
• SKY Perfect JSAT Corporation
• Thales Group
• Thuraya Telecommunications Company
• Viasat, Inc.

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