The global satellite communication equipment market market is projected to rise by USD 15 billion by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 7.7 percent during the forecast period.
This industry report offers market estimates of the global market, followed by a detailed analysis of the product, technology, platform, end user, and region. The global market data on satellite communication equipment can be segmented by product: SATCOM antenna, SATCOM modem, SATCOM receiver, SATCOM transceiver, SATCOM transponder, others. Satellite communication equipment market is further segmented by technology: SATCOM VSAT, SATCOM telemetry, SATCOM automatic identification system (AIS), SATCOM-on-the-move, SATCOM-on-the-pause. Based on platform, the satellite communication equipment market is segmented into: portable, land mobile, maritime, airborne, land fixed. On the basis of end user, the satellite communication equipment market also can be divided into: commercial, government & defense. Satellite communication equipment market by region is categorized into: North America, Asia Pacific, Europe, Rest of the World (ROW).
The global satellite communication equipment market is highly competitive. The prominent players operating in the global satellite communication equipment market include Cobham Limited, General Dynamics Mission Systems Inc., Gilat Satellite Networks Ltd., Honeywell International Inc., Indra Sistemas S.A., Inmarsat plc, Iridium Communications Inc., L3Harris Technologies Inc., Qualcomm Technologies Inc., Viasat Inc.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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