Satcom Equipment Market Size, Share, Industry & Forecast 2027

SATCOM Equipment Market

The Satcom Equipment Market is estimated to grow at a faster CAGR over the forecast period (2020-2027).

The factors driving the growth of Satcom Equipment Market includes increasing use of Satcom Equipment in the defense and commercial industries, growing demand for autonomous and connected cars and rising popularity of Ku- and Ka-band satellites. According to the report published by Bloomberg, the Global Connected Car Device Market is anticipated to reach USD 52.78 billion by the end of 2031, expanding at a CAGR of 7.25% over the forecast period (2022-2031), which will boost the Global SATCOM Equipment Market in the approaching years. Moreover, increasing application of electronically steered phased antennas in boats military vehicles and trains, growing adoption of portable SATCOM terminals by retail consumers and rise in the space exploration activities around the world, are some of the additional factors supplementing the Satcom Equipment Market size. In addition, the commercialization of 5G services, rise in Government’s expenditure for funding various space programs, expansion of the aviation industry, increasing disposable incomes and rapid urbanization, are further contributing to the market growth.

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However, the growth of Satcom Equipment Market is hindered due to high maintenance cost of SATCOM equipment.

The leading players operating in the market are Codan Satcom, AVL Technologies, Newtec Group, General Dynamics Corporation, Cobham Plc, L3 Technologies Inc, Harris Corporation, Datum Systems Inc, Viasat Inc and Anacom Inc., among others.

Vertical: Segment Analysis

Based on Vertical, the Commercial segment is predicted to grow at a remarkable CAGR over the forecast period attributed to increasing use of SATCOM services in weather monitoring, telecommunications, and navigation.

End-Use: Segment Analysis

Based on End-Use, the Maritime SATCOM Equipment segment is projected to expand at a significant CAGR during the forecast period because the maritime satcom services provide digital experience to the cruise passenger and helps in cargo monitoring.

Regional: Segment Analysis

Based on Region, the Asia-Pacific region is anticipated to capture a sizeable market share over the forecast period. Rise in the space exploration activities, growing demand for high-speed internet connectivity, technological advancements in the satellite, increasing use of SATCOM services by defense forces for surveillance and high population growth rates, are some of the important factors propelling the market growth in Asia-Pacific.

Market Segmentation

SATCOM Equipment Market by Product

• Receiver

  • Low-Noise Amplifier

  • Down Converter

  • Demodulator

  • Decoder

• Transmitter/Transponder

  • Modulator

  • Up Converter

  • High Power Amplifier

  • Encoder

• Transceiver

• Antenna

• Modem/Router

• Others

SATCOM Equipment Market by Vertical

• Government & Defense

  • Military

  • Homeland Security & Emergency Management

  • Public Safety

• Commercial

  • Telecom & IT

  • Scientific Research & Development

  • Transportation & Logistics

  • Media & Entertainment

  • Others

SATCOM Equipment Market by End-Use

• Portable SATCOM Equipment

  • Handheld

  • Manpack

  • Deployable/Flyaway

• Land Mobile SATCOM Equipment

  • Commercial Vehicles

  • Military Vehicles

  • Emergency Vehicles

  • Trains

  • Unmanned Ground Vehicles

• Maritime SATCOM Equipment

  • Commercial Ships

  • Military Ships

  • Unmanned Maritime Vehicles

• Airborne SATCOM Equipment

  • Commercial Aircraft

  • Military Ships

  • Unmanned Maritime Vehicles

• Land Fixed SATCOM Equipment

  • Command & Control Centers

  • Earth Stations

SATCOM Equipment Market by Technology

• SATCOM VSAT

• SATCOM Telemetry

• SATCOM AIS

• SATCOM-on-the-Move

• SATCOM-on-the-Pause

• Satcom Automatic Identification System

SATCOM Equipment Market by Region

• Asia Pacific

  • China

  • Japan

  • India

  • Rest of APAC

• North America

  • United States of America

  • Canada

• Europe

  • United Kingdom

  • Germany

  • France

  • Spain

  • Rest of Europe

• RoW

  • Brazil

  • South Africa

  • Saudi Arabia

  • UAE

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