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SATCOM Broadcast Communications Equipment Market Size, Share Global Analysis Report, 2020–2026
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 Forecast 2020–2026
Industry Insights
According to the report published by Facts & Factors, the global SATCOM Broadcast Communications Equipment market size was worth around USD 6980 million in 2019 and is predicted to grow around USD 9760 million by 2026 with a compound annual growth rate (CAGR) of roughly 4.9% between 2020 and 2026. The report analyzes the global SATCOM Broadcast Communications Equipment market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the SATCOM Broadcast Communications Equipment market.
The SATCOM Broadcast Communications Equipment Market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire SATCOM broadcast communications equipment market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the SATCOM broadcast communications equipment industry. The report analyzes and declares the historical and current trends analysis of the SATCOM broadcast communications equipment industry and subsequently recommends the projected trends anticipated to be observed in the SATCOM broadcast communications equipment market during the upcoming years.
Key Insights from Primary Research
- As per our primary respondents, the SATCOM broadcast communications equipment market is set to grow annually at a rate of around 4.9%.
- It was established through primary research that the SATCOM broadcast communications equipment market was valued at around USD 6,984 million in 2019.
- After secondary research, we performed face-to-face interviews to validate our data. The insights interviewees declared that civilian application is the most used application for SATCOM broadcast communications equipment.
- On the basis of the product, the SATCOM receiver dominated the global SATCOM broadcast communications equipment market in 2019. It accounted for a 24.38% share of the total market in 2019.
- The civilian category, on the basis of application segmentation, was the leading revenue-generating category accounting for around 72% share, in 2019.
Key Recommendations from Analysts
- Based on the exhaustive secondary research done by our team, the SATCOM receiver is anticipated to become the most demanding product in the upcoming years, owing to a large number of receivers globally.
- As per our analysts, APAC recorded the highest CAGR of 6% by 2026, and the market is expected to bolster in this region, resulting in creating lucrative opportunities for new players.
- Growing at a CAGR of around 4.9%, the SATCOM broadcast communications equipment market provides numerous opportunities for all of the involved stakeholders across the entire value chain.
- Our analysts have identified SATCOM receiver and civil categories as the leading investment pockets for the SATCOM broadcast communications equipment market in terms of product and application segmentation respectively.
- Our analysts recommend that emerging players to focus on IoT and Cloud-based civilian applications for SATCOM broadcast communications equipment, as this segment is anticipated to bolster in the coming years.
Market Attractiveness – By Fiber Type
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the SATCOM broadcast communications equipment industry is exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the SATCOM broadcast communications equipment industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the SATCOM broadcast communications equipment market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the SATCOM broadcast communications equipment industry. The SATCOM broadcast communications equipment market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the SATCOM broadcast communications equipment sector. Key strategic developments in the SATCOM broadcast communications equipment markets competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the SATCOM broadcast communications equipment market are appropriately highlighted in the report.
SATCOM also known as satellite communication is communication between two piles of earth base stations through a satellite. Satellites are objects revolving around the earth in a fixed trajectory and maintaining a gravitational symmetry with the earth. The demands for the satellite are increasing rapidly owing to their diverse application across various verticals such as Television, DTH broadcasting, and many more. SATCOM plays a vital role in communication in remote areas. The SATCOM equipment market was valued at USD 6,984 million in 2019 and is estimated to read USD 9,760 by the end of 2026, at a CAGR of 4.9% from 2019 to 2026.
The rising need for unceasing communication across various industries and an increasing number of connected and autonomous vehicles have attracted the interest of satellite manufacturers and associated key players in the satellite communication industry. Further, the less development cost combined with even shorter development cycles has elicited the growth of SATCOM equipment industry.
The SATCOM broadcast communications equipment market research report delivers an acute valuation and taxonomy of the SATCOM broadcast communications equipment industry by practically splitting the market on the basis of different types, applications, and regions.
Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the SATCOM broadcast communications equipment industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the SATCOM broadcast communications equipment industry is provided for the leading economies of the world.
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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The SATCOM broadcast communications equipment market is segmented based on Product and Application. On the basis of application segmentation, the market is classified into SATCOM Receiver, SATCOM Transmitter/Transponder, SATCOM Transceiver, SATCOM Antenna, SATCOM Modem/Router, and Others. In terms of Application segmentation, the market is bifurcated into Military and Civilian.
Some of the essential players operating in the SATCOM broadcast communications equipment market, but not restricted include
- Harris Corporation
- Motorola Solutions Inc.
- Lockheed Martin Corporation
- The Boeing Company
- Raytheon Company
- L3Harris Technologies Inc.
- ITT Corp.
- DataPath Inc.
- AT&T Corporation
The taxonomy of the SATCOM broadcast communications equipment market by its scope and segmentation is 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)
- Military
- Civilian
Global SATCOM broadcast communications equipment Market: Regional Segmentation Analysis (Customizable)
- North America
- The U.S.
- Canada
- 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
Table of Content
Industry Major 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
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