The EMEA Satellite Antenna Market size is estimated at USD 1.11 billion in 2024, and is expected to reach USD 1.87 billion by 2029, growing at a CAGR of 10.93% during the forecast period (2024-2029).
The EMEA satellite antenna market is moderately fragmented, with local and international players having decades of experience. The vendors are incorporating a powerful competitive strategy by leveraging their expertise. Overall, the intensity of the competitive rivalry is high in the market, and it is expected to remain the same over the forecast period.
April 2024: Hughes Network Systems, LLC (HUGHES), a subsidiary of EchoStar, unveiled the Hughes HL1120W Terminal. Based on the electronically steerable antenna (ESA) technology, this terminal secured operational approval from Eutelsat OneWeb for its low Earth orbit (LEO) satellite network. This endorsement marked a significant achievement for Hughes, empowering the company to extend Eutelsat OneWeb's top-tier, high-speed connectivity to a global clientele.
January 2024: Eutelsat OneWeb, a division of the Eutelsat Group and integrated GEO-LEO satellite operator, along with STC Group, a key player in digital transformation, announced their final preparations for launching commercial services from their Tabuk ground station in Saudi Arabia. This ground station, situated in Tabuk and developed in collaboration with Albabtain LeBlanc, a prominent Saudi Arabian construction firm, boasts 15 advanced satellite tracking antenna systems. It is poised to significantly enhance communication services, particularly for Eutelsat OneWeb's low-Earth orbit (LEO) connectivity offerings in the Middle East.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook