This Satellite Antenna Market report focuses on the status and outlook for major applications/end users, consumption (sales), market share, and growth rate for each application. Geographically, the report is categorized into several regions such as North America, South America, Asia Pacific, the Middle East and Africa, and the rest of the world. Moreover, the report also offers a covid-19 impact on the Satellite Antenna Market, enabling businesses to understand market drivers and restraints.
Satellite Antenna Market Overview
The global Satellite Antenna Market size is projected to reach a CAGR of 21.6% from 2022-2028.
Satellite antennas are primarily being used to provide communication paths with other satellites as well as with the earth stations. A typical satellite antenna consists of three main components: antenna structure, beam-forming network, and feed system.
The deployment of low earth orbit (LEO) satellites and constellations of satellites for communication applications has increased their demand across the globe, 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 are some of the factors that have supported long-term expansion for Satellite Antenna Market.
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The COVID-19 pandemic has caused significant damage to the economic activities of countries across the world. The manufacturing of satellite antenna equipment, including systems, subsystems, and components, has also been impacted.
Satellite Antenna Market Regional Analysis
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.
Satellite Antenna Market Competitive Landscape
Key Players
- Honeywell International Inc.
- General Dynamics Corporation
- Mitsubishi Electric Corporation
- Harris Corporation
- Airbus SAS
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Satellite Antenna Market Recent Developments
- In June 2021, Gilat Satellite Networks received a contract from Peru’s programa Nacional de telecomunicaciones (Pronatel) for the delivery of internet services to hundreds of sites in Peru.
- In May 2021, ASELSAN signed a contract with Türksat for the Ka-Band National Satellite Communication HUB System and Modem Development Project. The systems to be developed under the project will support the delivery of uninterrupted broadband satellite internet service, especially in challenging terrains where there is no terrestrial infrastructure. These systems will also provide air and sea platforms with easier access to broadband satellite internet service.
Reasons to Acquire in the Satellite Antenna Market
- Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
- Gain authentic and granular data access for Satellite Antenna Market so as to understand the trends and the factors involved behind changing market situations
- Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
- In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Frequently Asked Questions
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