South America Satellite Communication Terminal Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Classification (C Band, X Band, S Band, Ku Band, and Ka Band) and Application (Military Use and Civil Use)
The SAM satellite communication terminal market is expected to grow from US$ 139.55 million in 2021 to US$ 162.66 million by 2028; it is estimated to grow at a CAGR of 2.2% from 2021 to 2028.
A portable satellite communication terminal, also known as a hotspot or satellite communicator, is one of the smallest 2-way SATCOM devices. Such satellite communication terminal uses an internal GPS chip for gathering location information. When the SEND option is selected, the location information is sent to a commercial monitoring agency via commercial satellites. The role of the commercial monitoring agency is to forward the information to the respective responding agency. Typically, the purchasers of portable satellite communication devices are involved in activities like mountain biking, hiking, boating, climbing, and flying. Small SATCOM terminals are also useful for individuals who have to work in remote areas, such as foresters, loggers, fishers, geologists, and wildlife staff. Enhanced features such as breadcrumb tracking via Google Earth and sending preprogrammed messages are also offered via portable and small SATCOM terminals. Iridium started its Global Maritime Distress and Safety System service (GMDSS) in 2020. The launch of new GMDSS terminals facilitates access to a fleet of vessels, which are needed by maritime law for maintaining the L-band safety service. The demand for portable and small SATCOM terminals is forecasted to grow notably in the coming years due to enhanced utility, thereby driving the SAM satellite communication terminal market growth.
The COVID-19 pandemic has highly affected Brazil, followed by Colombia, Argentina, and Peru. The government authorities of various countries in SAM are taking several initiatives to protect people and contain the spread of COVID-19 through respective limitations and restrictions. The construction of new airports and development in the aerospace sector increased the demand for respective satellite communication terminals before the emergence of the COVID-19 pandemic. However, disruptions in the supply chain and scarcity of raw materials led to delays in scheduled deliveries. Due to the growing telecommunication sector and media & entertainment industry, the demand for respective satellite communication terminals was present during the pandemic. However, due to the challenges in the production process, the supply of satellite communication terminals was hampered considerably.
With new features and technologies, vendors attract new customers and expand their footprints in emerging markets, which will drive the SAM satellite communication terminal market growth.
SAM Satellite Communication Terminal Market Revenue and Forecast to 2028 (US$ Million)
SAM Satellite Communication Terminal Market Segmentation
SAM Satellite Communication Terminal Market - By Classification
C Band X Band S Band Ku Band Ka Band SAM Satellite Communication Terminal Market - By Application
Military Use Civil Use SAM Satellite Communication Terminal Market, by Country
Brazil Argentina The Rest of SAM SAM Satellite Communication Terminal Market - Companies Mentioned
Airbus Collins Aerospace General Dynamics Mission Systems, Inc. Honeywell International Inc. L3Harris Technologies, Inc. NEC Corporation ST Engineering Thales Group Viasat, Inc.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM satellite communication terminal market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the SAM satellite communication terminal market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the satellite communication terminal market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook