Market Overview:
The global satellite connectivity market is expected to grow from USD 9.5 billion in 2018 to USD 23.8 billion by 2030, at a CAGR of 13.9% during the forecast period. The growth of the market can be attributed to the increasing demand for satellite-based communication and navigation services across the globe. Additionally, the increasing number of small satellites and miniaturization of components are also contributing to the growth of this market. However, stringent government regulations and high installation and maintenance costs are restraining the growth of this market. Based on type, VHF accounted for a major share ofthe global satellite connectivitymarket in 2017and is projectedto grow at a CAGRof 14%duringthe forecastperiod2018-2030 .
Product Definition:
Satellite Connectivity is a term used to describe the technology that allows devices to connect to the internet using satellites. The importance of satellite connectivity is that it provides a way for people and businesses to connect to the internet in remote areas where other forms of broadband access are not available.
VHF:
VHF is the radio frequency band between 30 MHz and 300 MHz. It covers the range of very high frequencies which are used for commercial purposes such as cell phones, two-way radios, walkie-talkies, etc. VHF has lower bandwidth than UHF but offers better transmission quality with less noise & interference.
UHF:
Ultra high frequency (UHF) is a radio frequency band that falls in the electromagnetic spectrum between 400 GHz to 860 GHz. UHF devices are generally used for wireless communication systems such as cordless phones, two-way radios, and home television among others. The usage of UHF is increasing in satellite connectivity market owing to the growing demand for mobile broadband services and next generation TV services such as Video on Demand (VoD), digital cable, and high-definition programming among others.
Application Insights:
The communication segment dominated the global satellite connectivity market in terms of revenue share in 2017. The growth can be attributed to the growing demand for mobile data services across all major regions. Moreover, increasing number of international voice and data roaming subscriptions is further driving the demand for globally connected satellites.
The earth observation segment is projected to witness significant growth over the forecast period owing to rising government initiatives and contracts for commercial use of space-based imagery worldwide. For instance, according to a contract signed between DigitalGlobe and Airbus Defense & Space, Airbus DS will provide launch services for at least 12 satellites with a total payload capacity of more than 3 tons each from 2018 to 2022. This contract was signed in response to an expression of interest issued by DigitalGlobe regarding procurement opportunities on commercially launched Earth Observation (EO) spacecrafts after 2016.
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for mobile connectivity, high penetration of smartphones, and rising investments in next-generation infrastructure. Moreover, growing demand for data services & broadband connectivity is further expected to drive industry growth over the forecast period.
North America region accounted for a significant revenue share in 2017 owing to early adoption of satellite communication technologies by companies operating in different sectors such as oil & gas, mining, utilities etc., which has led it being one of the most developed regions across all categories considered above. Furthermore North America’s space sector contributes significantly towards economic activity through spinoff benefits whereas space-related activities are also an important part of military operations thus making it one of the most developed regions across all categories considered above.
Growth Factors:
- Increasing demand for satellite-based broadband services from the commercial and government sectors
- Proliferation of small satellites and low-cost terminals
- Development of high throughput satellite (HTS) technology
- Expansion of mobile broadband services
- Growing demand for managed network services
Scope Of The Report
Report Attributes
Report Details
Report Title
Satellite Connectivity Market Research Report
By Type
VHF, UHF, SHF, EHF
By Application
Earth Observation, Communication, Navigation/Surveillance
By Companies
Thales Group, Indra Group, Echostar, Viasat, General Dynamics, Inmarsat, L3Harris, Honeywell, Israel Aerospace Industries, Norsat, Aselasan, SitaOnAir, Collins Aerospace (UTC), Singtel, Telemar Group, Marlink, Leonardo S.p.A, SpaceX, Cobham PLC
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Satellite Connectivity Market Report Segments:
The global Satellite Connectivity market is segmented on the basis of:
Types
VHF, UHF, SHF, EHF
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
Earth Observation, Communication, Navigation/Surveillance
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:
- Thales Group
- Indra Group
- Echostar
- Viasat
- General Dynamics
- Inmarsat
- L3Harris
- Honeywell
- Israel Aerospace Industries
- Norsat
- Aselasan
- SitaOnAir
- Collins Aerospace (UTC)
- Singtel
- Telemar Group
- Marlink
- Leonardo S.p.A
- SpaceX
- Cobham PLC
Highlights of The Satellite Connectivity 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:
- VHF
- UHF
- SHF
- EHF
- By Application:
- Earth Observation
- Communication
- Navigation/Surveillance
- 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 Satellite Connectivity 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Satellite connectivity is the ability to connect to satellites for communication.
Some of the key players operating in the satellite connectivity market are Thales Group, Indra Group, Echostar, Viasat, General Dynamics, Inmarsat, L3Harris, Honeywell, Israel Aerospace Industries, Norsat, Aselasan, SitaOnAir, Collins Aerospace (UTC), Singtel, Telemar Group, Marlink, Leonardo S.p.A, SpaceX, Cobham PLC.
The satellite connectivity market is expected to register a CAGR of 13.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Satellite Connectivity 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 Satellite Connectivity Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Satellite Connectivity 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 Satellite Connectivity 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 Satellite Connectivity Market Size & Forecast, 2020-2028
4.5.1 Satellite Connectivity Market Size and Y-o-Y Growth
4.5.2 Satellite Connectivity Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 VHF
5.2.2 UHF
5.2.3 SHF
5.2.4 EHF
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Earth Observation
6.2.2 Communication
6.2.3 Navigation/Surveillance
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Satellite Connectivity 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 Satellite Connectivity 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 VHF
9.6.2 UHF
9.6.3 SHF
9.6.4 EHF
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 Market Size Forecast by Applications
9.10.1 Earth Observation
9.10.2 Communication
9.10.3 Navigation/Surveillance
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 VHF
10.6.2 UHF
10.6.3 SHF
10.6.4 EHF
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 Market Size Forecast by Applications
10.10.1 Earth Observation
10.10.2 Communication
10.10.3 Navigation/Surveillance
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 VHF
11.6.2 UHF
11.6.3 SHF
11.6.4 EHF
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 Market Size Forecast by Applications
11.10.1 Earth Observation
11.10.2 Communication
11.10.3 Navigation/Surveillance
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 VHF
12.6.2 UHF
12.6.3 SHF
12.6.4 EHF
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 Market Size Forecast by Applications
12.10.1 Earth Observation
12.10.2 Communication
12.10.3 Navigation/Surveillance
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 VHF
13.6.2 UHF
13.6.3 SHF
13.6.4 EHF
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) Market Size Forecast by Applications
13.10.1 Earth Observation
13.10.2 Communication
13.10.3 Navigation/Surveillance
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 Satellite Connectivity Market: Competitive Dashboard
14.2 Global Satellite Connectivity Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thales Group
14.3.2 Indra Group
14.3.3 Echostar
14.3.4 Viasat
14.3.5 General Dynamics
14.3.6 Inmarsat
14.3.7 L3Harris
14.3.8 Honeywell
14.3.9 Israel Aerospace Industries
14.3.10 Norsat
14.3.11 Aselasan
14.3.12 SitaOnAir
14.3.13 Collins Aerospace (UTC)
14.3.14 Singtel
14.3.15 Telemar Group
14.3.16 Marlink
14.3.17 Leonardo S.p.A
14.3.18 SpaceX
14.3.19 Cobham PLC
