Market Overview:
The global polar satcom market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for satellite-based communication services, rising number of small satellites, and growing investments in space exploration. Based on type, the global polar satcom market can be segmented into low polar orbit (LPO), middle polar orbit (MPO), and high polar orbit (HPO) segments. The LPO segment is expected to account for a major share of the global Polar Satcom Market during the forecast period. This can be attributed to its lower cost as compared with other types of orbits and higher data rate capacity. However, MPO is projected to grow at a higher CAGR than LPO during the forecast period owing to its advantages such as increased revisit time and improved image quality over LEO satellites. Based on application, the global Polar Satcom Market can be divided into natural resources management & monitoring, security & defense communications, communication industry applications such as broadband backhauling/fiber extension/last mile access networks deployment/fixed wireless access networks deployment etc., research & exploration activities including earth observation & remote sensing etc., and other applications including maritime surveillance etc.
Product Definition:
Polar Satcom is a satellite communications technology that uses satellites in orbits around the Earth's poles. These satellites are used to provide telecommunications and internet services to users in polar regions. The importance of Polar Satcom is that it provides essential telecommunications services to users in areas that would otherwise be difficult or impossible to reach.
Low Polar Orbit:
Low Polar Orbit (LPO) is a circular orbit with an altitude of approximately 60 to 90 degrees, which is inclined at an angle of less than 90 degrees from the equator. The inclination of the LPO orbital plane relative to the Earth’s equator varies between 30 and 44.5 degrees.
Middle Polar Orbit:
Middle Polarorbit is the orbit which passes through the poles and has an inclination of 90 degrees. It's a type of orbit which is used by communication satellites to communicate with people in different parts of the world. The satellite in middle polarorbit can be used for broadcasting as well as receiving signals, but it cannot be used for transmitting signals because its direction will always face towards Earth’s surface.
Application Insights:
The natural resources, security and defense, and communication industry are the major application sectors of the global polar satcom market. The natural resources sector is expected to dominate over the forecast period owing to increasing demand for satellite-based commodities in mining activities across various industries such as oil & gas, construction, forestry etc. Furthermore, growing investments by companies operating in these sectors are anticipated to boost growth over the coming years.
The middle Polar orbit provides coverage for approximately 40% of Earth¢â‚¬â„¢s surface while providing high data transmission speed and accuracy requirements at a relatively low cost than geosynchronous or equatorial orbits. Middle Polarorbit satellites have witnessed significant demand from customers within agriculture and water management applications due to their ability to provide highly accurate position information regarding weather monitoring equipment located on earth's surface which helps farmers with irrigation techniques as well as track soil moisture content remotely through radar technology thereby enhancing overall crop productivity significantly over recent years (decade).
Regional Analysis:
North America dominated the global market in 2017. The regional growth is attributed to the increasing demand for high-speed data communication and connectivity across North America. Europe accounted for a significant share of global revenue in 2017, owing to the growing number of international business trips and investments by companies operating globally.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to several initiatives undertaken by governments across this region for developing their telecommunication industry at a domestic level, thus creating opportunities forsatcom providers over next eight years.
The Asia Pacific satcom market has witnessed significant developments since 2015 as key players have been focusing more on emerging economies such as India and China due to lucrative opportunities offered by these countries along with other developing nations such as Indonesia.
Growth Factors:
- Increasing demand for satellite-based broadband services, especially in the developing countries
- Proliferation of small satellites and increase in launches, which is driving down the cost of satellite ownership and operation
- Rapid growth in maritime traffic and increasing need for maritime safety and security
- Demand for earth observation data to support urban planning, agricultural monitoring, disaster management etc
- Growing number of telecommunication service providers offering managed services that include VSAT networks
Scope Of The Report
Report Attributes
Report Details
Report Title
Polar Satcom Market Research Report
By Type
Low Polar Orbit, Middle Polar Orbit, High Polar Orbit
By Application
Natural Resources, Security and Defense, Communication Industry, Research and Exploration, Other
By Companies
Telesat, Optus, Telenor, Iridium, Russian Satellite Communications Company, Northrop Grumman Corporation, Springwise, EUMETSAT, Raytheon Company, Kepler Communications, LEO-HTS Opportunities
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Polar Satcom Market Report Segments:
The global Polar Satcom market is segmented on the basis of:
Types
Low Polar Orbit, Middle Polar Orbit, High Polar Orbit
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Natural Resources, Security and Defense, Communication Industry, Research and Exploration, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Telesat
- Optus
- Telenor
- Iridium
- Russian Satellite Communications Company
- Northrop Grumman Corporation
- Springwise
- EUMETSAT
- Raytheon Company
- Kepler Communications
- LEO-HTS Opportunities
Highlights of The Polar Satcom Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Polar Orbit
- Middle Polar Orbit
- High Polar Orbit
- By Application:
- Natural Resources
- Security and Defense
- Communication Industry
- Research and Exploration
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polar Satcom Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polar Satellite Communications is a type of satellite communication that uses the Earth's poles as an orbital location. This allows for greater coverage and improved reliability than other types of satellite communications.
Some of the key players operating in the polar satcom market are Telesat, Optus, Telenor, Iridium, Russian Satellite Communications Company, Northrop Grumman Corporation, Springwise, EUMETSAT, Raytheon Company, Kepler Communications, LEO-HTS Opportunities.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polar Satcom Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polar Satcom Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polar Satcom Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polar Satcom Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polar Satcom Market Size & Forecast, 2018-2028
4.5.1 Polar Satcom Market Size and Y-o-Y Growth
4.5.2 Polar Satcom Market Absolute $ Opportunity
Chapter 5 Global Polar Satcom Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Polar Satcom Market Size Forecast by Type
5.2.1 Low Polar Orbit
5.2.2 Middle Polar Orbit
5.2.3 High Polar Orbit
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polar Satcom Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Polar Satcom Market Size Forecast by Applications
6.2.1 Natural Resources
6.2.2 Security and Defense
6.2.3 Communication Industry
6.2.4 Research and Exploration
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polar Satcom Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polar Satcom Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Polar Satcom Analysis and Forecast
9.1 Introduction
9.2 North America Polar Satcom Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Polar Satcom Market Size Forecast by Type
9.6.1 Low Polar Orbit
9.6.2 Middle Polar Orbit
9.6.3 High Polar Orbit
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Polar Satcom Market Size Forecast by Applications
9.10.1 Natural Resources
9.10.2 Security and Defense
9.10.3 Communication Industry
9.10.4 Research and Exploration
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Polar Satcom Analysis and Forecast
10.1 Introduction
10.2 Europe Polar Satcom Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Polar Satcom Market Size Forecast by Type
10.6.1 Low Polar Orbit
10.6.2 Middle Polar Orbit
10.6.3 High Polar Orbit
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Polar Satcom Market Size Forecast by Applications
10.10.1 Natural Resources
10.10.2 Security and Defense
10.10.3 Communication Industry
10.10.4 Research and Exploration
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Polar Satcom Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polar Satcom Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Polar Satcom Market Size Forecast by Type
11.6.1 Low Polar Orbit
11.6.2 Middle Polar Orbit
11.6.3 High Polar Orbit
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Polar Satcom Market Size Forecast by Applications
11.10.1 Natural Resources
11.10.2 Security and Defense
11.10.3 Communication Industry
11.10.4 Research and Exploration
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Polar Satcom Analysis and Forecast
12.1 Introduction
12.2 Latin America Polar Satcom Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Polar Satcom Market Size Forecast by Type
12.6.1 Low Polar Orbit
12.6.2 Middle Polar Orbit
12.6.3 High Polar Orbit
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Polar Satcom Market Size Forecast by Applications
12.10.1 Natural Resources
12.10.2 Security and Defense
12.10.3 Communication Industry
12.10.4 Research and Exploration
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Polar Satcom Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polar Satcom Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Polar Satcom Market Size Forecast by Type
13.6.1 Low Polar Orbit
13.6.2 Middle Polar Orbit
13.6.3 High Polar Orbit
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Polar Satcom Market Size Forecast by Applications
13.10.1 Natural Resources
13.10.2 Security and Defense
13.10.3 Communication Industry
13.10.4 Research and Exploration
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polar Satcom Market: Competitive Dashboard
14.2 Global Polar Satcom Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Telesat
14.3.2 Optus
14.3.3 Telenor
14.3.4 Iridium
14.3.5 Russian Satellite Communications Company
14.3.6 Northrop Grumman Corporation
14.3.7 Springwise
14.3.8 EUMETSAT
14.3.9 Raytheon Company
14.3.10 Kepler Communications
14.3.11 LEO-HTS Opportunities
