Satellite communication (SATCOM) equipment market Is Registering a Healthy 6.7% CAGR Between 2019 An

The global satellite communication equipment market is estimated to reach USD 32.6 Billion in 2024 at a CAGR of 6.7%. Growing demand of uninterrupted broadcasting and increasing adoption of IoT (Internet of Things) is expected to drive the satellite communication equipment market during the forecast period. However, high deployment cost is expected to restrain the market during the forecast period. New service demands in civilian and defence-related markets is expected to become an opportunity for satellite communication equipment market.

Satellite communication is defined as the communication taking place between two earth stations using satellite. In satellite communication the signals are transferred as electromagnetic waves carrying information such as voice, audio, or any other data. satellite communication (SATCOM) equipment are those components which are used in the assembly of various communication satellites. Satellite communication covers majority of the space industry. Some key players in satellite communication (SATCOM) equipment are ST Engineering iDirect, Inc. dba iDirect, General Dynamics Corporation, L3Harris Technologies, Inc., Cobham plc, and Viasat, Inc. among others.

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Satellite communication equipment market: Trends, Segmentation & Drivers

This market research report offers a comprehensive analysis of key market trends in the global satellite communication (SATCOM) equipment market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of component, the market is segmented into space segment and earth segment. By application, the satellite communication (SATCOM) equipment market is segmented into telecom, television broadcasting, defence communication, global positioning service (GPS) and others. By end use industry, satellite communication (SATCOM) equipment market is segmented into aerospace & defense, internet service provider, maritime, government and public sector, and others.

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Satellite communication (SATCOM) equipment market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Satellite Communication (SATCOM) Equipment Market by Component

• Space Segment
• Transponder
• Low Noise Amplifier
• Power Amplifier
• Antenna
• Passive components
• Others
• Earth Segment
• Encoder
• Modulator
• Up Converter
• High Power Amplifier
• Parabolic Reflectors
• Down Converter
• Demodulator
• Others

Satellite Communication (SATCOM) Equipment Market by Application

• Telecom
• Television Broadcasting
• Defense Communication
• Global Positioning Services (GPS)
• Others

Satellite Communication (SATCOM) Equipment Market by End Use Industry

• Aerospace & Defense
• Internet Service Provider
• Maritime
• Government and Public Sector
• Others

Satellite Communication (SATCOM) Equipment Market Market by Region

• Asia-Pacific
• China
• India
• Singapore
• Hong Kong
• Taiwan
• Rest of Asia-Pacific
• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• Ireland
• UK
• Denmark
• Rest of Europe
• Middle East and Africa
• Saudi Arabia
• Israel
• UAE
• Rest of Middle East & Africa
• South America
• Brazil
• Argentina
• Rest of South America

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