06-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “SATCOM Broadcast Communications Equipment Market By Product (SATCOM Receiver, SATCOM Transmitter/Transponder, SATCOM Transceiver, SATCOM Antenna, SATCOM Modem/Router and Others) and By Application (Military and Civilian): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global SATCOM Broadcast Communications Equipment market in 2019 was approximately USD 6,980 million. The market is expected to grow at a CAGR of 4.9% and is anticipated to reach around USD 9,760 million by 2026.
Satellites are objects that revolve around the Earth in a fixed trajectory, maintaining a gravitational equilibrium to encircle Earth. The communication between two earth stations through a satellite is called as satellite communication. The demands of the satellite are increasing rapidly owing to its diverse application across various verticals such as Television, DTH broadcasting and many more. SATCOM plays a vital role in communication in remote areas.
Browse the full “SATCOM Broadcast Communications Equipment Market By Product (SATCOM Receiver, SATCOM Transmitter/Transponder, SATCOM Transceiver, SATCOM Antenna, SATCOM Modem/Router and Others) and By Application (Military and Civilian): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/satcom-broadcast-communications-equipment-market-by-product-satcom-662
The enhanced geographical connectivity and the flexible deployment infrastructure make it a vital solution for deployment in rural and remote areas is one of the key factors driving the global satellite communication equipment market. In addition, its high bandwidth combined with broadcasting and multicasting capability on a large scale is anticipated to drive the SATCOM industry worldwide. Moreover, advanced technological development offering good picture and video quality experience to the customers is estimated to augment the market growth in the near future.
However, lack of infrastructural developments in key industries such as the satellite launch, military satellite, and broadcasting equipment market is likely to restrain the market growth in developing regions. The adoption of point to point fiber-based connectivity services which are cheaper and have greater control than satellite-based communication is hampering the market growth in developing regions.
Conversely, the increasing number of service providers, growing competition among the local players is creating lucrative growth opportunities for the satellite broadcasting industry.
Further, the demand for flexible and cost-effective SATCOM solutions for domestic and international networks, irrespective of the geographic location is anticipated to create a range of opportunities for the global SATCOM broadcasting communication equipment market.
The type segment of the SATCOM broadcast communication equipment market consists of SATCOM Modem/Router, SATCOM Transmitter/Transponder, SATCOM Transceiver, SATCOM Receiver, SATCOM Antenna, and Others. The SATCOM receiver segment acquires a major revenue share in the type segment and is anticipated to maintain its dominance during the forecast period. A major share of the SATCOM receiver in the global market is attributed to a large number of receivers globally.
By application, the civilian application of SATCOM broadcast equipment held the major share worldwide owing to the wide range of usage in the civil industry such as television, IoT equipment, and much more.
The North America SATCOM broadcasting communication equipment market is anticipated to reach a market value of USD 3,645.67 million by the end of 2025 registering a CAGR of 4.6% between 2019-2025 this growth is attributable to owing to the increasing number of consumers opting for high definition output and a rising need for cloud-based services, especially for the ground mobility platform.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 6,980 Million |
Projected Market Size in 2026 |
USD 9,760 Million |
CAGR Growth Rate |
4.9% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Harris Corporation, Motorola Solutions, Inc., Lockheed Martin Corporation, The Boeing Company, Raytheon Company, L3Harris Technologies, Inc., ITT Corp., DataPath, Inc., AT&T Corporation, and others. |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Some of the essential players operating in the SATCOM broadcast communications equipment market, but not restricted to include Harris Corporation, Motorola Solutions, Inc., Lockheed Martin Corporation, The Boeing Company, Raytheon Company, L3Harris Technologies, Inc., ITT Corp., DataPath, Inc., AT&T Corporation, and others.
This report segments the SATCOM broadcasting communication equipment market as follows:
Global SATCOM broadcast communications equipment Market: By Type Segmentation Analysis (Customizable)
- SATCOM Receiver
- SATCOM Transmitter/Transponder
- SATCOM Transceiver
- SATCOM Antenna
- SATCOM Modem/Router
- Others
Global SATCOM broadcast communications equipment Market: By Application Segmentation Analysis (Customizable)
Global SATCOM broadcast communications equipment Market: Regional Segmentation Analysis (Customizable)
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
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