
Global Satellite Communication Unit Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030
Report ID: MS-1916 | Aerospace and Defence | Last updated: Oct, 2024 | Formats*:

Satellite Communication Unit Report Highlights
Report Metrics | Details |
---|---|
Forecast period | 2019-2030 |
Base Year Of Estimation | 2023 |
Growth Rate | CAGR of 8.44% |
By Product Type | SATCOM Transponder, SATCOM Transceiver, SATCOM Antenna, SATCOM Modem, SATCOM Receiver |
Key Market Players |
|
By Region |
|
Satellite Communication Unit Market Trends
The market for satellite communication units is on a growth trajectory owing to the increasing need for faster internet access and modern amenities available on a global scale. Data analytics also records the rise in usage of IoT devices, particularly in the transmission of information in transport, farming, and smart cities, which is fuelling the growth of the units. Furthermore, the deployment of low-earth-orbit satellite constellations by the likes of SpaceX and OneWeb is enhancing satellite communications by providing low latency and extensive coverage even in the unserved regions. This is, in turn, increasing the investment that is directed towards satellites and the associated technology and infrastructure, thus improving global communication. Also, there exists a rise in demand for mini-compact satellite communication units. The cause of this is technological improvement, which has led manufacturers to design and produce smaller devices that are light and can be put on almost everything, including drones, ships, and land vehicles. This is further aided by computer network software defined networks (SDN) and network function virtualisation (NFV) that provide communication solutions in adaptive modes and empower the scalability of the solutions.Satellite Communication Unit Market Leading Players
The key players profiled in the report are Cobham Plc (UK), General Dynamics Mission Systems Inc. (US), Gilat Satellite Networks (Israel), Honeywell International Inc. (US), Indra Sistemas (Spain), Inmarsat plc (UK), Iridium Satellite Communications Inc. (US), L3Harris Technologies Inc. (US), Qualcomm Technologies Inc. (US), Viasat Inc. (US)Growth Accelerators
In this context, the unit sales of satellite communication systems will tend to be closely related to the willingness and ability of users to pay for and hence, subscribe to high-speed internet connectivity and broadband services, especially in remote areas or regions that are poorly served. As the internet continues to penetrate different parts of the globe, basic satellite communications services for systems where ground-based infrastructure is either restricted or completely unavailable are in high demand. That is because the expansion of the Internet of Things (IoT), which creates a need for uninterrupted and consistent information transfer over long ranges, is an enabling factor in this regard as well as in relation to the satellite communication units. Furthermore, the market is also growing due to improvements in satellite technology, for instance, the incorporation of high-throughput satellites (HTS) and low-earth orbit (LEO) satellite networks. These deal specifically with the efficient use of bandwidth, reduced latencies, and therefore, enhancing satellite communications into other areas, including for military, maritime, aviation, and emergency rescue activities.Satellite Communication Unit Market Segmentation analysis
The Global Satellite Communication Unit is segmented by Type, Application, and Region. By Type, the market is divided into Distributed SATCOM Transponder, SATCOM Transceiver, SATCOM Antenna, SATCOM Modem, SATCOM Receiver . The Application segment categorizes the market based on its usage such as Commercial, Government, Defense. Geographically, the market is assessed across key Regions like North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
The market for satellite communication units is not only growing but also has several established operators and new start-ups who are competing for a share of the market, making it a very dynamic industry. Corporations like Boeing, Lockheed Martin, and SES are famed for their high-end equipment and a wealth of experience in the designing and launching of satellites. These firms utilise their skills of manufacturing and launching satellites in order to offer total communication packages to government, military, and commercial clients. Due to lower latency services becoming widely available and demand for bandwidth increasing, the market is experiencing numerous partnerships and collaborations between satellite operators, telecoms, and technology companies. The purpose of these agreements is to improve services and cover a greater geographical area. Furthermore, the entry of new players with the focus on LEO satellite constellations such as Starlink by Space and Project Kuiper by Amazon is further enriching competition by displacing traditional geostationary operators with various innovative service and pricing models. Adapting to the ever-changing business environment that this industry is, factors like technology, regulations, and consumer behaviour will further alter the competition within the satellite communication unit market.Challenges In Satellite Communication Unit Market
The market for satellite communication equipment and units is challenged by a number of issues, which are mostly due to high prices and complicated technologies. Developing and launching an external multicellular may require a large amount of money, which can discourage new players, hence reducing competition. Also, operational costs such as maintenance of the required ground systems for satellite services and provision of the services themselves are quite expensive. This high entry and sustainability cost can restrain creative developments and cause stagnation of the market, more so for small and new market entrants aiming at technologically aggressive markets that require novel ideas. On top of that, government policies, or lack thereof, and international relations create other challenges in the satellite communication unit market. Satellite operators have to deal with various regulations in many different countries, which takes a lot of time and money. There is also the process of getting a frequency spectrum, getting a license, and ensuring operational activities are done according to international standards.Risks & Prospects in Satellite Communication Unit Market
The market for satellite communication units is also lucrative owing to the rising need for high-speed internet and global communication. There has been a paradigm shift towards remote work, which in turn has created a need for internet access even in non-inhabitancy lands where traditional infrastructure can’t be provided. Satellite communication units present a practical way of ensuring connectivity in places where a hi-tech version of communication or traditional means of providing infrastructure is not possible. The increasing number of satellite launches, especially from private players, is anticipated to increase global broadband availability, which will help penetrate new markets and improve existing services. Additionally, 5G, IoT, and AI have added potential growth drivers to the satellite communication market. These advancements require an efficient communication infrastructure to support massive data connectivity with zero latency. Such systems are bound to enhance existing kinetic systems and connect with other machines and people, as seen within the agricultural, transport, and military sectors where communication needs are quick and reliable. Products and services based on satellite communication units are therefore expected to continue increasing and changing radically as development in technology raises the need for connectivity.Key Target Audience
The satellite communication unit market is mostly skewed towards the telecommunications service providers who are dependent on the satellite technology to provide communication services over large distances. Such services incorporate satellite communication units to offer broadband internet, voice, and data services, especially in remote spaces where there is little or no land-based infrastructure.,, Another important audience consists of broadcasters and media houses owing to their utilisation of satellite communication units for television and radio broadcasting. Such firms ambitiously hop on the latest satellite technologies to achieve seamless coverage and distribution of their services around the world.Merger and acquisition
Lately, the unit market for satellite communications has also experienced a number of mergers and acquisitions, which seem to be more of a strategic consolidation in order to improve technology as well as the service scope. Looking closely at operations in the market, it comes as no surprise that SES S.A. plc has purchased Germánia in a move that is expected to bolster its satellite broadband services and rivalry in the world market. This acquisition is in line with SES’s objectives of increasing its operational capabilities and providing satellite solutions to various customers, including those of government and corporate businesses. The other major news was the deal when Intelsat and Gogo’s Commercial Aviation division merged, which was supposed to build a bigger worldwide infrastructure for passenger in-flight connectivity. This merger is expected to harness the strengths of the two companies and improve service provision and customer satisfaction in the aviation business. With predictions of high demand for satellite-enabled communications, these mergers and acquisitions show a more integrated approach where bigger players are emerging who are able to provide full and complete solutions that are fit for the current markets.- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Satellite Communication Unit- Snapshot
- 2.2 Satellite Communication Unit- Segment Snapshot
- 2.3 Satellite Communication Unit- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Satellite Communication Unit Market by Type
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 SATCOM Transponder
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 SATCOM Transceiver
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
- 4.4 SATCOM Antenna
- 4.4.1 Key market trends, factors driving growth, and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country
- 4.5 SATCOM Modem
- 4.5.1 Key market trends, factors driving growth, and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market share analysis by country
- 4.6 SATCOM Receiver
- 4.6.1 Key market trends, factors driving growth, and opportunities
- 4.6.2 Market size and forecast, by region
- 4.6.3 Market share analysis by country
5: Satellite Communication Unit Market by Application / by End Use
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Commercial
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Government
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
- 5.4 Defense
- 5.4.1 Key market trends, factors driving growth, and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market share analysis by country
6: Satellite Communication Unit Market by Technology
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 SATCOM VSAT
- 6.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
- 6.3 SATCOM Telemetry
- 6.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country
- 6.4 SATCOM Automatic Identification System (AIS)
- 6.4.1 Key market trends, factors driving growth, and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market share analysis by country
- 6.5 SATCOM-On-the-Move
- 6.5.1 Key market trends, factors driving growth, and opportunities
- 6.5.2 Market size and forecast, by region
- 6.5.3 Market share analysis by country
- 6.6 SATCOM-On-the-Pause
- 6.6.1 Key market trends, factors driving growth, and opportunities
- 6.6.2 Market size and forecast, by region
- 6.6.3 Market share analysis by country
7: Satellite Communication Unit Market by Region
- 7.1 Overview
- 7.1.1 Market size and forecast By Region
- 7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 Market size and forecast, by Type
- 7.2.3 Market size and forecast, by Application
- 7.2.4 Market size and forecast, by country
- 7.2.4.1 United States
- 7.2.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.2.4.1.2 Market size and forecast, by Type
- 7.2.4.1.3 Market size and forecast, by Application
- 7.2.4.2 Canada
- 7.2.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.2.4.2.2 Market size and forecast, by Type
- 7.2.4.2.3 Market size and forecast, by Application
- 7.2.4.3 Mexico
- 7.2.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.2.4.3.2 Market size and forecast, by Type
- 7.2.4.3.3 Market size and forecast, by Application
- 7.2.4.1 United States
- 7.3 South America
- 7.3.1 Key trends and opportunities
- 7.3.2 Market size and forecast, by Type
- 7.3.3 Market size and forecast, by Application
- 7.3.4 Market size and forecast, by country
- 7.3.4.1 Brazil
- 7.3.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.1.2 Market size and forecast, by Type
- 7.3.4.1.3 Market size and forecast, by Application
- 7.3.4.2 Argentina
- 7.3.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.2.2 Market size and forecast, by Type
- 7.3.4.2.3 Market size and forecast, by Application
- 7.3.4.3 Chile
- 7.3.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.3.2 Market size and forecast, by Type
- 7.3.4.3.3 Market size and forecast, by Application
- 7.3.4.4 Rest of South America
- 7.3.4.4.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.4.2 Market size and forecast, by Type
- 7.3.4.4.3 Market size and forecast, by Application
- 7.3.4.1 Brazil
- 7.4 Europe
- 7.4.1 Key trends and opportunities
- 7.4.2 Market size and forecast, by Type
- 7.4.3 Market size and forecast, by Application
- 7.4.4 Market size and forecast, by country
- 7.4.4.1 Germany
- 7.4.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.1.2 Market size and forecast, by Type
- 7.4.4.1.3 Market size and forecast, by Application
- 7.4.4.2 France
- 7.4.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.2.2 Market size and forecast, by Type
- 7.4.4.2.3 Market size and forecast, by Application
- 7.4.4.3 Italy
- 7.4.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.3.2 Market size and forecast, by Type
- 7.4.4.3.3 Market size and forecast, by Application
- 7.4.4.4 United Kingdom
- 7.4.4.4.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.4.2 Market size and forecast, by Type
- 7.4.4.4.3 Market size and forecast, by Application
- 7.4.4.5 Benelux
- 7.4.4.5.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.5.2 Market size and forecast, by Type
- 7.4.4.5.3 Market size and forecast, by Application
- 7.4.4.6 Nordics
- 7.4.4.6.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.6.2 Market size and forecast, by Type
- 7.4.4.6.3 Market size and forecast, by Application
- 7.4.4.7 Rest of Europe
- 7.4.4.7.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.7.2 Market size and forecast, by Type
- 7.4.4.7.3 Market size and forecast, by Application
- 7.4.4.1 Germany
- 7.5 Asia Pacific
- 7.5.1 Key trends and opportunities
- 7.5.2 Market size and forecast, by Type
- 7.5.3 Market size and forecast, by Application
- 7.5.4 Market size and forecast, by country
- 7.5.4.1 China
- 7.5.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.1.2 Market size and forecast, by Type
- 7.5.4.1.3 Market size and forecast, by Application
- 7.5.4.2 Japan
- 7.5.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.2.2 Market size and forecast, by Type
- 7.5.4.2.3 Market size and forecast, by Application
- 7.5.4.3 India
- 7.5.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.3.2 Market size and forecast, by Type
- 7.5.4.3.3 Market size and forecast, by Application
- 7.5.4.4 South Korea
- 7.5.4.4.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.4.2 Market size and forecast, by Type
- 7.5.4.4.3 Market size and forecast, by Application
- 7.5.4.5 Australia
- 7.5.4.5.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.5.2 Market size and forecast, by Type
- 7.5.4.5.3 Market size and forecast, by Application
- 7.5.4.6 Southeast Asia
- 7.5.4.6.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.6.2 Market size and forecast, by Type
- 7.5.4.6.3 Market size and forecast, by Application
- 7.5.4.7 Rest of Asia-Pacific
- 7.5.4.7.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.7.2 Market size and forecast, by Type
- 7.5.4.7.3 Market size and forecast, by Application
- 7.5.4.1 China
- 7.6 MEA
- 7.6.1 Key trends and opportunities
- 7.6.2 Market size and forecast, by Type
- 7.6.3 Market size and forecast, by Application
- 7.6.4 Market size and forecast, by country
- 7.6.4.1 Middle East
- 7.6.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.6.4.1.2 Market size and forecast, by Type
- 7.6.4.1.3 Market size and forecast, by Application
- 7.6.4.2 Africa
- 7.6.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.6.4.2.2 Market size and forecast, by Type
- 7.6.4.2.3 Market size and forecast, by Application
- 7.6.4.1 Middle East
- 8.1 Overview
- 8.2 Key Winning Strategies
- 8.3 Top 10 Players: Product Mapping
- 8.4 Competitive Analysis Dashboard
- 8.5 Market Competition Heatmap
- 8.6 Leading Player Positions, 2022
9: Company Profiles
- 9.1 Cobham Plc (UK)
- 9.1.1 Company Overview
- 9.1.2 Key Executives
- 9.1.3 Company snapshot
- 9.1.4 Active Business Divisions
- 9.1.5 Product portfolio
- 9.1.6 Business performance
- 9.1.7 Major Strategic Initiatives and Developments
- 9.2 General Dynamics Mission Systems Inc. (US)
- 9.2.1 Company Overview
- 9.2.2 Key Executives
- 9.2.3 Company snapshot
- 9.2.4 Active Business Divisions
- 9.2.5 Product portfolio
- 9.2.6 Business performance
- 9.2.7 Major Strategic Initiatives and Developments
- 9.3 Gilat Satellite Networks (Israel)
- 9.3.1 Company Overview
- 9.3.2 Key Executives
- 9.3.3 Company snapshot
- 9.3.4 Active Business Divisions
- 9.3.5 Product portfolio
- 9.3.6 Business performance
- 9.3.7 Major Strategic Initiatives and Developments
- 9.4 Honeywell International Inc. (US)
- 9.4.1 Company Overview
- 9.4.2 Key Executives
- 9.4.3 Company snapshot
- 9.4.4 Active Business Divisions
- 9.4.5 Product portfolio
- 9.4.6 Business performance
- 9.4.7 Major Strategic Initiatives and Developments
- 9.5 Indra Sistemas (Spain)
- 9.5.1 Company Overview
- 9.5.2 Key Executives
- 9.5.3 Company snapshot
- 9.5.4 Active Business Divisions
- 9.5.5 Product portfolio
- 9.5.6 Business performance
- 9.5.7 Major Strategic Initiatives and Developments
- 9.6 Inmarsat plc (UK)
- 9.6.1 Company Overview
- 9.6.2 Key Executives
- 9.6.3 Company snapshot
- 9.6.4 Active Business Divisions
- 9.6.5 Product portfolio
- 9.6.6 Business performance
- 9.6.7 Major Strategic Initiatives and Developments
- 9.7 Iridium Satellite Communications Inc. (US)
- 9.7.1 Company Overview
- 9.7.2 Key Executives
- 9.7.3 Company snapshot
- 9.7.4 Active Business Divisions
- 9.7.5 Product portfolio
- 9.7.6 Business performance
- 9.7.7 Major Strategic Initiatives and Developments
- 9.8 L3Harris Technologies Inc. (US)
- 9.8.1 Company Overview
- 9.8.2 Key Executives
- 9.8.3 Company snapshot
- 9.8.4 Active Business Divisions
- 9.8.5 Product portfolio
- 9.8.6 Business performance
- 9.8.7 Major Strategic Initiatives and Developments
- 9.9 Qualcomm Technologies Inc. (US)
- 9.9.1 Company Overview
- 9.9.2 Key Executives
- 9.9.3 Company snapshot
- 9.9.4 Active Business Divisions
- 9.9.5 Product portfolio
- 9.9.6 Business performance
- 9.9.7 Major Strategic Initiatives and Developments
- 9.10 Viasat Inc. (US)
- 9.10.1 Company Overview
- 9.10.2 Key Executives
- 9.10.3 Company snapshot
- 9.10.4 Active Business Divisions
- 9.10.5 Product portfolio
- 9.10.6 Business performance
- 9.10.7 Major Strategic Initiatives and Developments
10: Analyst Perspective and Conclusion
- 10.1 Concluding Recommendations and Analysis
- 10.2 Strategies for Market Potential
Scope of Report
Aspects | Details |
---|---|
By Type |
|
By Application |
|
By Technology |
|
Report Licenses
Frequently Asked Questions (FAQ):
What is the growth rate of Satellite Communication Unit Market?
+
-
What are the latest trends influencing the Satellite Communication Unit Market?
+
-
Who are the key players in the Satellite Communication Unit Market?
+
-
How is the Satellite Communication Unit } industry progressing in scaling its end-use implementations?
+
-
What product types are analyzed in the Satellite Communication Unit Market Study?
+
-
What geographic breakdown is available in Global Satellite Communication Unit Market Study?
+
-
Which region holds the second position by market share in the Satellite Communication Unit market?
+
-
Which region holds the highest growth rate in the Satellite Communication Unit market?
+
-
How are the key players in the Satellite Communication Unit market targeting growth in the future?
+
-
What are the opportunities for new entrants in the Satellite Communication Unit market?
+
-