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VSAT and Wireless Equipment Market Size, Share Global Analysis Report, 2019 – 2027

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VSAT and Wireless Equipment Market By Offering (Integrated Systems and Standalone Products) and By Application (Army, Navy, and Air Force): Global Industry Perspective, Comprehensive Analysis, and Forecast 2019 – 2027

Industry Insights

The report covers the forecast and analysis of the VSAT and Wireless Equipment market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the VSAT and Wireless Equipment market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the VSAT and Wireless Equipment market on a global level.

VSAT-and-wireless-equipment-market-size

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In order to give the users of this report a comprehensive view of the VSAT and Wireless Equipment market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new service & product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

logoReport Scope

Report Attribute

Details

Market Size in 2018

USD 3,507 Million

Projected Market Size in 2027

USD 9,480 Million

CAGR Growth Rate

11.96 % CAGR

Base Year

2017

Forecast Years

2018 – 2027

Key Market Players

C-COM Satellite Systems Inc., Cobham plc, FURUNO ELECTRIC CO., LTD., Over-Sat, New Japan Radio Co., Ltd., and SageNet, Inc.

Key Segment

By Offering, By Application, By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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The study provides a decisive view of the VSAT and Wireless Equipment market by segmenting the market based on offering, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Advanced satellite communications today are aiding most of the critical communications globally, thereby becoming the adaptable systems aiding the resilient & flexible communication means. This is likely to steer market expansion during the forecast timeline. Moreover, these satellite providers have introduced new technologies supporting the land device aiding the user movement across air, land, and water. The innovative technologies also fulfill the defense requirements. All these aspects will further accelerate the market growth trends over the period from 2019 to 2027. Based on the offering, the market for VSAT and Wireless Equipment is divided into Integrated Systems and Standalone Products.  Application-wise, the industry is classified into Army, Navy, and Air Force.

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Industry Major Market Players

  • C-COM Satellite Systems Inc., 
  • Cobham plc, 
  • FURUNO ELECTRIC CO. Ltd., 
  • Over-Sat, 
  • New Japan Radio Co. Ltd., 
  • SageNet Inc.

Frequently Asked Questions

VSAT & Wireless equipment offer secure and proficient grids while playing a bigger role in the success of military communications systems. The speed, security, and coverage of satellite communications are constantly being upgraded by commercial service providers to incorporate innovative technologies along with fulfilling meet government & military requirements.
growing military needs like augmentation of broadband capacities with gigabit capacity on satellites will prompt the expansion of the VSAT and Wireless Equipment industry during the period from 2019 to 2027.
According to the report, the global VSAT and wireless equipment market is predicted to be valued at approximately USD 3,507 million in 2018 and is expected to reach a value of around USD 9,480 million by 2027, at a CAGR of around 11.96 % between 2019 and 2027.
The market in the Asia Pacific zone is predicted to record the highest growth rate of over 12% during the forecast timespan.
Some of the key players in the market include C-COM Satellite Systems Inc., Cobham plc, FURUNO ELECTRIC CO., LTD., Over-Sat, New Japan Radio Co., Ltd., and SageNet, Inc.