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Global Satellite Communication (SATCOM) Market to Grow at 9.5% during 2022-2027, Impelled by Expanding Aerospace and Aviation Industry

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Satellite Communication (SATCOM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global satellite communication (SATCOM) market is expected to exhibit a CAGR of 9.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. 

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.

 

 
 

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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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global satellite communication (SATCOM) market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, application and end use industry.

Breakup by Component:

 

 
 

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  • 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:

 

 
 

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  • 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
     

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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component, Application, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

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$), 2016-2021
Figure 3: Global: Satellite Communication Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Satellite Communication Market: Breakup by Component (in %), 2021
Figure 5: Global: Satellite Communication Market: Breakup by Application (in %), 2021
Figure 6: Global: Satellite Communication Market: Breakup by End Use Industry (in %), 2021
Figure 7: Global: Satellite Communication Market: Breakup by Region (in %), 2021
Figure 8: Global: Satellite Communication (Equipment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Satellite Communication (Equipment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Satellite Communication (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Satellite Communication (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Satellite Communication (Voice Communication) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Satellite Communication (Voice Communication) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Satellite Communication (Broadcasting) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Satellite Communication (Broadcasting) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Satellite Communication (Data Communication) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Satellite Communication (Data Communication) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Satellite Communication (Aerospace and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Satellite Communication (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Satellite Communication (Transportation and Logistics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Satellite Communication (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Satellite Communication (Agriculture) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Satellite Communication (Agriculture) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Satellite Communication (Government and Military) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Satellite Communication (Government and Military) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Satellite Communication (Media and Entertainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Satellite Communication (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Satellite Communication (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Satellite Communication (Other End Use Industries)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Canada: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Canada: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Asia-Pacific: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Asia-Pacific: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: China: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Japan: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Japan: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: South Korea: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: South Korea: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Australia: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Australia: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Indonesia: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Indonesia: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Germany: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: France: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: France: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Italy: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Italy: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Russia: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Russia: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Latin America: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Latin America: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Brazil: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Mexico: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Mexico: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Middle East and Africa: Satellite Communication Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Middle East and Africa: Satellite Communication Market: Breakup by Country (in %), 2021
Figure 78: Middle East and Africa: Satellite Communication Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Satellite Communication Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Satellite Communication Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Satellite Communication Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 5: Global: Satellite Communication Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Satellite Communication Market: Competitive Structure
Table 7: Global: Satellite Communication Market: Key Players


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