Satellite Communication Equipment Market to see Rapid Growth by 2028

The Satellite Communication Equipment Market size is expected to grow at an annual average of CAGR 8% during the forecast period (2022-2028). Satellite communication involves the transmission of signals between transmitter and receiver antennas with the aid of satellites. The demand for satellite communication equipment has become widespread due to various applications such as DTH broadcasting, television, etc. Satellite communication plays an important role in expanding information and communication technology infrastructure in remote areas that are inaccessible to humans. In satellite communications, signals in the form of modulated wave beams are transmitted to satellites. This signal is amplified and transmitted back to a receiver antenna on the Earth’s surface. Satellite communication plays an important role in expanding information and communication technology infrastructure in rural areas.

The following segmentation are covered in this report:

By Application

• Asset Tracking/Monitoring
• Airtime
• M2M
• Voice
• Data
• Drones Connectivity
• Data Backup and Recovery
• Navigation and Monitoring
• Tele-medicine
• Broadcasting

By Vertical

• Agriculture
• Communication Companies
• Corporates/Enterprises
• Media & Broadcasting
• Events
• Aviation
• Environmental & Monitoring
• Forestry
• End User – Consumer
• Healthcare
• Others

Company Profile

• Viasat, Inc.
• Intelsat
• Telesat
• EchoStar Corporation
• L3 Technologies, Inc.
• Thuraya Telecommunications Company
• SKY Perfect JSAT Group
• GILAT SATELLITE NETWORKS
• Cobham Limited

Scope of the report

The research study analyses the Satellite Communication Equipment Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North America market size and/or volume
• Latin America market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Satellite Communication Equipment Market Report

• What was the Satellite Communication Equipment Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the Satellite Communication Equipment Market CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Satellite Communication Equipment Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.