How Big Is The Satellite Antenna Market:
IMARC Group, a leading market research company, has recently releases report titled “Satellite Antenna Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” the global satellite antenna market size reached US$ 3.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.99% during 2023-2028.
What are satellite antenna?
A satellite antenna represents a communication tool designed to receive and transmit information using microwave signals. It converts electromagnetic (EM) signals into electrical energy during transmission and reception. Comprising a beam-forming network, an antenna structure, and a feed system, a satellite antenna is widely installed on maritime, land, airborne, and space-based platforms to communicate in wide-ranging frequencies, such as ultra-high frequency (UHF), X band, very high frequency (VHF), and C band. In addition to this, it also assists in reducing the interference from undesired signals and concentrating the transmitting power into a designated geographical region.
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What are the growth prospects and trends in the Satellite Antenna Industry:
The escalating number of space exploration missions, the proliferation of small satellites, inflating investments, and the increasing demand for satellite-aided warfare systems are among the primary factors driving the satellite antenna market. Besides this, the elevating requirement for electronically steered phased antennas (ESPA), owing to the rising need for communication on the move (COTM) services for commercial vehicles, trains, and boats, is further augmenting the market growth. Moreover, the introduction of phased array satellite antennas that provide high efficiency, low-drag, robust bird strike compliance, and equatorial or skew angle performance is also catalyzing the global market.
Apart from this, the development of innovative and technologically advanced products that assist in minimizing signal fading, enhancing power control, and managing efficient wireless communications is acting as another significant growth-inducing factor. Additionally, the extensive utilization of satellites in remote sensing, earth observation, space research projects, weather forecast, climate monitoring, and deforestation is also stimulating the market growth. Furthermore, the widespread usage of wireless and mobile communications and the growing popularity of reusable rocket technology and off-the-shelf CubeSats are anticipated to propel the satellite antenna market over the forecasted period.
Who are the key players operating in the industry?
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Airbus SE, Ball Corporation
- Cobham Limited
- General Dynamics Mission Systems (General Dynamics Corporation)
- Gilat Satellite Networks
- Honeywell International Inc.
- L3Harris Technologies
- MDA Ltd.
- Mitsubishi Electric Corporation
- Norsat International Inc. (Hytera)
- Thales Group and Viasat Inc.
Breakup by Frequency Band:
- C Band
- K/KU/KA Band
- X Band
Breakup by Technology:
- SOTM
- SOTP
Breakup by Antenna Type:
- Flat Panel Antenna
- Parabolic Reflector Antenna
- Horn Antenna
Breakup by Platform:
- Land Fixed
- Land Mobile
- Airborne
- Maritime
- Space
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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