Market Overview:
The global satellite communication (SATCOM) market exhibited moderate growth during 2015-2020. Satellite communication (SATCOM) refers to the artificial satellite-based communication system to support data link channels. SATCOM facilitates the exchange of signals in the form of a beam of modulated waves between the sender and receiver antenna through a satellite. It includes a data unit, high power amplifier, antenna and a steerable beam. SATCOM transmits the information in the form of voice, audio and video formats through electromagnetic waves and carrier signals, which are amplified and sent back to the receiver antenna on the earth's surface. As a result, it finds extensive applications across industries for radio broadcasting, voice communications, navigation, remote sensing and water and weather monitoring.
Significant growth in the aerospace and aviation industries across the globe is one of the key factors creating a positive outlook for the market. Moreover, the increasing requirement for uninterrupted communication for military and defense applications is providing a thrust to the market growth. SATCOM is widely used for wide area network (WAN) communications, cellular backhaul, internet trunking, television broadcasting and rural telephony. It is also utilized for facilitating video on demand (VoD), Voice over Internet Protocol (VoIP) and telemedicine services. Additionally, various technological advancements, such as the integration of connected devices with the Internet of Things (IoT) and the launch of portable SATCOM systems, are acting as other growth-inducing factors. These innovative systems enable the smooth functioning of autonomous and connected vehicles and the deployment of remote and terrestrial networks. Other factors, including extensive improvements in the telecommunication infrastructure, along with the increasing utilization of cloud-based services for ground mobility platforms, are anticipated to drive the market toward growth. Looking forward, IMARC Group expects the global satellite communication (SATCOM) market to grow at a CAGR of around 8% during the forecast period (2021-2026).
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global satellite communication (SATCOM) market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, component, application and end use industry.
Breakup by Component:
- Equipment
- Transmitter/Transponder
- Antenna
- Transceiver
- Receiver
- Modem/Router
- Others
- Services
Breakup by Application:
- Voice Communication
- Broadcasting
- Data Communication
Breakup by End Use Industry:
- Aerospace and Defense
- Transportation and Logistics
- Agriculture
- Government and Military
- Media and Entertainment
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Cobham Limited, EchoStar Corporation, General Dynamics Corporation, Gilat Satellite Networks, Honeywell International Inc., L3Harris Technologies Inc., SES S.A, SKY Perfect JSAT Holdings Inc, Telesat (Loral Space & Communications Inc.), Thuraya Telecommunications Company (Al Yah Satellite Communication Company) and Viasat Inc.
Key Questions Answered in This Report:
- How has the global satellite communication (SATCOM) market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global satellite communication (SATCOM) market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global satellite communication (SATCOM) market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Satellite Communication (SATCOM) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Equipment
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Transmitter/Transponder
6.1.2.2 Antenna
6.1.2.3 Transceiver
6.1.2.4 Receiver
6.1.2.5 Others
6.1.3 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Voice Communication
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Broadcasting
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Data Communication
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Aerospace and Defense
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Transportation and Logistics
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Agriculture
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Government and Military
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Media and Entertainment
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Cobham Limited
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 EchoStar Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 General Dynamics Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Gilat Satellite Networks
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Honeywell International Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 L3Harris Technologies Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 SES S.A
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 SKY Perfect JSAT Holdings Inc
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 Telesat (Loral Space & Communications Inc. )
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Thuraya Telecommunications Company (Al Yah Satellite Communication Company)
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Viasat Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
List of Figures
Figure 1: Global: Satellite Communication Market: Major Drivers and Challenges
Figure 2: Global: Satellite Communication Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Satellite Communication Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Satellite Communication Market: Breakup by Component (in %), 2020
Figure 5: Global: Satellite Communication Market: Breakup by Application (in %), 2020
Figure 6: Global: Satellite Communication Market: Breakup by End Use Industry (in %), 2020
Figure 7: Global: Satellite Communication Market: Breakup by Region (in %), 2020
Figure 8: Global: Satellite Communication (Equipment) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Satellite Communication (Equipment) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Satellite Communication (Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Satellite Communication (Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Satellite Communication (Voice Communication) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Satellite Communication (Voice Communication) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Satellite Communication (Broadcasting) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Satellite Communication (Broadcasting) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Satellite Communication (Data Communication) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Satellite Communication (Data Communication) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Satellite Communication (Aerospace and Defense) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Satellite Communication (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Satellite Communication (Transportation and Logistics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Satellite Communication (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Satellite Communication (Agriculture) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Satellite Communication (Agriculture) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Satellite Communication (Government and Military) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Satellite Communication (Government and Military) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Satellite Communication (Media and Entertainment) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Satellite Communication (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Satellite Communication (Other End Use Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Satellite Communication (Other End Use Industries)) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: North America: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: North America: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: United States: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: United States: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Canada: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Canada: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Asia-Pacific: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Asia-Pacific: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: China: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: China: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Japan: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Japan: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: India: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: India: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: South Korea: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: South Korea: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Australia: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Australia: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Indonesia: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Indonesia: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Others: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Others: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Europe: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Europe: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Germany: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Germany: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: France: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: France: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: United Kingdom: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: United Kingdom: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Italy: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Italy: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Spain: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Spain: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Russia: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Russia: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Others: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Others: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Latin America: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Latin America: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Brazil: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Brazil: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Mexico: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Mexico: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Others: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Others: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Middle East and Africa: Satellite Communication Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Middle East and Africa: Satellite Communication Market: Breakup by Country (in %), 2020
Figure 78: Middle East and Africa: Satellite Communication Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Global: Satellite Communication Industry: SWOT Analysis
Figure 80: Global: Satellite Communication Industry: Value Chain Analysis
Figure 81: Global: Satellite Communication Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Satellite Communication Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Satellite Communication Market Forecast: Breakup by Component (in Million US$), 2021-2026
Table 3: Global: Satellite Communication Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Satellite Communication Market Forecast: Breakup by End Use Industry (in Million US$), 2021-2026
Table 5: Global: Satellite Communication Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Satellite Communication Market: Competitive Structure
Table 7: Global: Satellite Communication Market: Key Players