Satellite Communication (SATCOM) Equipment Market is projected to expand at a steady CAGR over the forecast by 2031 | Hughes Network Systems, Thales Group, Intelsat, Telesat

New York, 2022-Aug-05 — /EPR Network/ — Global Satellite Communication (SATCOM) Equipment Market report from Global Insight Services is the single authoritative source of intelligence on Satellite Communication (SATCOM) Equipment Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Satellite Communication (SATCOM) equipment includes a variety of devices and systems that are used to communicate with satellites. This equipment can be used for a variety of purposes, including telephony, television, and data communications. SATCOM equipment typically includes a transmitter, receiver, and antenna.

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Key Trends

SATCOM equipment is used for communications via satellites, and the key trends in this technology are miniaturization, increased capacity.

Miniaturization is necessary for SATCOM equipment to be carried on smaller satellites and spacecraft, as well as to allow for more equipment to be placed on larger satellites.

Increased capacity is necessary to keep up with the demand for satellite communications, which has been growing rapidly due to the proliferation of mobile devices and the increasing use of data-intensive applications such as video streaming.

Key Drivers

The SATCOM Equipment market is driven by the increasing demand for high-speed data communications. It is used to provide high-speed data communications between two or more locations.

The SATCOM Equipment market is expected to grow due to the increasing demand for broadband services. The SATCOM Equipment is used to provide broadband services to customers. The SATCOM Equipment is used in a variety of applications, such as VoIP, video conferencing, and data services.

Market Segments

The satellite communication market is segmented by platform, frequency, end-use, and region. By platform, the market is divided into portable, land mobile, land fixed, airborne, and maritime. On the basis of frequency, it is bifurcated into C band, X band, UHF band, and others. Based on end-use, the market is classified into commercial, and government and defense. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

Key Players

The global satellite communication market includes players such as Honeywell International Inc, Hughes Network Systems, Thales Group, Intelsat, Telesat, L3 Technologies, Inc, Cobham Ltd, Thuraya Telecommunications Company, SKY Perfect JSAT Group, and EchoStar Corporation.

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