Press release distribution to media in EMEA
  • Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
No Result
View All Result
MENA NEWS | Press release distribution to media in UAE and MENA regions
  • Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
No Result
View All Result
PR distribution to media in EMEA
Submit PR
Home Press

Satellite Antenna Market to Witness the Highest Growth in North America Region by 2026

admin by admin
February 28, 2022
in Press
Satellite Antenna Market to Witness the Highest Growth in North America Region by 2026
Share on FacebookShare on Twitter


 


(EMAILWIRE.COM, February 28, 2022 ) According to a research report “Satellite Antenna Market by Platform (Land fixed, Land mobile, Airborne, Maritime, Space), Antenna Type, Technology (SOTM, SOTP), Component Type (Reflectors, Feed Horns, Feed Networks, Low Noise Converters), Frequency and Region – Forecast to 2026″ published by MarketsandMarkets, the satellite antenna market is projected to grow from USD 4.1 billion in 2021 to USD 10.5 billion by 2026, at a CAGR of 20.6%.

Satellite antenna equipment is an integral part of communication in the commercial and defense industry. The deployment of low earth orbit (LEO) satellites and constellations of satellites for communication applications has increased their demand across the globe. Other factors driving the market growth include growing demand for Ku- and Ka-band satellites, and the growing fleet of autonomous and connected vehicles used for various applications in the military and commercial sectors, which require customized satellite antennas.

Download PDF Brochure @

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=238993430

Growing investments by several governments particularly in developed and developing economies such as the US, India, and China, among others. COVID-19 has affected the Satellite antenna market growth to some extent, and this varies from country to country. Industry experts believe that the pandemic has not affected the demand for satellite antenna equipment.

Key Market Players

The satellite antenna market is dominated by a few globally established players such as Thales Group (France), L3Harris Technologies (US), Honeywell International Inc. (US), Hughes Network Systems (US), Viasat, Inc. (US), among others.

Based on platform, airborne segment is estimated to lead the satellite antenna market from 2021 to 2026.

The market is projected to grow further due to the increasing need for high-definition intelligence, surveillance, and reconnaissance (ISR) videos, and increasing number of connected commercial aircraft, rising adoption of UAVs and rising number of private aviation companies worldwide supporting market growth. In December 2019, The French Airforce have enhanced their Airborne Satellite communication capabilities by adopting new Thales technologies. The French Defense agency awarded a contract to Thales to design and built the next-generation Syracuse 4 satellite communication system. This contract enables French defense forces to improvise the SATCOM system in the Charles De Gaulle Aircraft Carrier and the Rafale combat aircraft.

Based on technology, SOTM segment is expected to lead the satellite antenna market from 2021 to 2026.

This is due to increasing need for uninterrupted mobile broadband coverage in remote and far-flung regions, streaming information and entertainment, extensive use of small satellites for commercialization and data transferability, technological advancements in transport and logistics network, and increasing demand for broadband connections and VSAT connectivity. In July 2021, the Digital Communications Commission (DCC) accepted the sector regulator’s call to allow VSAT operators to provide satellite-based cellular backhaul connectivity to telcos to ensure uninterrupted mobile broadband coverage in remote and far-flung regions.

Based on region, North America is expected to lead the satellite antenna market from 2021 to 2026.

The US is a lucrative market for satellite antenna equipment in the North American region. The US government is increasingly investing in advanced satellite antenna technologies to enhance the quality and effectiveness of satellite communication. The increasing investment on satellite antenna equipment to enhance defense and surveillance capabilities of the armed forces, modernization of existing communication in military platforms, critical infrastructure and law enforcement agencies are increasingly using satellite antenna equipment are key factors expected to drive the satellite antenna market in North America. In August 2020, The US Special Operations Command (USSOCOM) awarded Cubic Mission Solutions (CMS) a follow-on, single-award, indefinite-delivery/indefinite-quantity (ID/IQ) contract with a ceiling of USD 172 million. The contract is for the delivery of Ground Area Transmit Receive (GATR) inflatable SATCOM terminals and baseband communications equipment in support of the communications requirements of Special Operations Forces (SOF).

Contracts were the main strategy adopted by leading players to sustain their position in the Satellite antenna market, followed by new product developments with advanced technologies. Many companies also collaborated to set up special centers for the research & development of advanced satellite antenna equipment.

Ask for Sample Report @

https://www.marketsandmarkets.com/requestsampleNew.asp?id=238993430

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.



Source link

Previous Post

Arab Newswire™ Updates Media Lists for Arab Countries, Middle East and North Africa (MENA) Regions for Press Release Distribution

Next Post

Ukraine’s Fog of War and the Correction | MarketMinder

RelatedPosts

Press

Visual Effects (VFX) Market expected to grow at a CAGR of 8.2 percent during the forecast period

(EMAILWIRE.COM, March 27, 2023 ) As per the Maximize Market research, a global business and consultancy firm, the...

by admin
March 27, 2023
Power Grid Market worth $367.4 Billion by 2028
Press

Power Grid Market worth $367.4 Billion by 2028

 (EMAILWIRE.COM, March 27, 2023 ) The global Power Grid Market is projected to reach USD 367.4 billion in...

by admin
March 27, 2023
Metagenomic Sequencing Market: Continuous technological innovations in NGS platforms
Press

Metagenomic Sequencing Market: Continuous technological innovations in NGS platforms

 (EMAILWIRE.COM, March 27, 2023 ) The Growth in the metagenomic sequencing market is mainly driven by continuous technological...

by admin
March 27, 2023
Press

Graphene Nanoplatelets Market expected to grow at a CAGR 37.40 percent of during the forecast period

(EMAILWIRE.COM, March 27, 2023 ) As per the Maximize Market research, a global business and consultancy firm, the...

by admin
March 27, 2023
Load More

Advertize

Latest Post

Black Hats are becoming the biggest threats to Nigeria’s budding digital economy

Black Hats are becoming the biggest threats to Nigeria’s budding digital economy

by admin
March 29, 2023

USTR Releases 21st Annual Report to Congress on China’s WTO Compliance, while Biden Administration Releases its 2023 Trade Policy Agenda | Perspectives & Events

USTR Releases 21st Annual Report to Congress on China’s WTO Compliance, while Biden Administration Releases its 2023 Trade Policy Agenda | Perspectives & Events

by admin
March 29, 2023

Middle East airports need $151bn investment by 2040 – Arabian Business

by admin
March 27, 2023

Israeli parliament OKs 2023-24 state budget in preliminary vote

Israeli parliament OKs 2023-24 state budget in preliminary vote

by admin
March 27, 2023

French Refining Is Barely Running as Strikes Enter Week Four

French Refining Is Barely Running as Strikes Enter Week Four

by admin
March 27, 2023

How the U.S. Can Lead on Tech Regulation

How the U.S. Can Lead on Tech Regulation

by admin
March 27, 2023

MENANEWS provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in Europe, Middle east and Africa (MENANEWS) Submit press release or contact us today.

Share Us

CATEGORIES

MIDDLE EAST
NORTH AFRICA
GLOBAL
BUSINESS
FINANCE
TECHNOLOGY
PRESS

Subscribe To Our Newslatter

    © 2023 Copyright MENANEWS.CLUB
    No Result
    View All Result
    • Middle East
    • North Africa
    • Global
    • Business
    • Finance
    • Technology
    • Press
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    © Copyright MenaNews.club™