$7 Billion SATCOM Equipment Markets, 2025 - Increase in the Launch of Small Satellites / Growing Demand for Ku- and Ka-Band Satellites

DUBLIN, July 29, 2019 /PRNewswire/ -- The "SATCOM Equipment Market for Space by Component (Transponders, Transceivers, Converters, Amplifiers, Antennas), Satellite Type (CubeSat, Small, Medium, Large), End User, Application, Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

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The SATCOM Equipment Market for Space is Projected to Grow from USD 2.8 Billion in 2019 to USD 7.0 Billion by 2025, at a CAGR of 16.8% from 2019 to 2025.

Increased demand for communications, high-speed internet, and global connectivity is expected to fuel the growth of the SATCOM equipment market for space across the globe

One of the major factors expected to fuel market growth is the rising demand for high-speed internet, global connectivity, and communications.

The commercial segment is estimated to grow at the highest CAGR during the forecast period

By end-user, the commercial segment is estimated to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increased launch of satellites to cater to the demand for communications, earth observation, and navigation. For instance, according to an article in January 2019 by Pixalytics Ltd, the Russian Soyuz rocket from the Vostochny Cosmodrome in Russia launched 27 EO satellites in orbit on 27 December 2018. The article also mentioned six scheduled launches of EO satellites in February 2019 from countries such as Canada, Egypt, and Italy, among others.

The earth observation & remote sensing segment is estimated to lead the SATCOM equipment market for space in 2019

By application, the earth observation & remote sensing segment is estimated to account for the largest share of the SATCOM equipment market for space in 2019. Need for agriculture monitoring, monitoring of weather patterns, environmental monitoring, ocean monitoring, and terrain mapping, among others, is driving the demand for EO satellites. Data related to determining soil moisture content and understanding the Earth's water cycle is in demand. This data can be derived using remote sensing satellites.

The increased use of CubeSats for testing new technologies will drive the SATCOM equipment market for space during the forecast period

By satellite type, the CubeSat (0.25U-27U) segment is estimated to grow at the highest CAGR during the forecast period. The usage of CubeSats for various applications has increased over the years due to the miniaturization of technology and the cost-saving benefits of using CubeSats for Low Earth Orbit missions. Most CubeSats are launched for EO missions as well as scientific experiments and testing of new technologies. For instance, the Estonian Space Agency plans to launch a CubeSat in 2019 to test advanced technologies such as plasma brake (for deorbiting satellites) and electric sail propulsion. The increasing launch of CubeSats for such missions will drive the SATCOM equipment market for space.

North America is estimated to account for the largest share of the SATCOM equipment market for space in 2019

The North American region is estimated to lead the SATCOM equipment market for space in 2019. The market in this region is highly competitive, owing to the presence of a large number of Original Component Manufacturers (OCMs) and Original Equipment Manufacturers (OEMs), such as Harris Corporation, General Dynamics Corporation, and Maxar Technologies. An increase in satellite launches in the US is expected to drive the growth of the SATCOM equipment market for space in North America during the forecast period.

Major players operating in the SATCOM equipment market for space include Airbus SE (Netherlands), Maxar Technologies (US), Mitsubishi Electric Corporation (Japan), General Dynamics Corporation (US), Honeywell International Inc. (US), Harris Corporation (US), ISIS - Innovative Solutions in Space B.V. (Netherlands), and Oxford Space Systems (UK).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in SATCOM Equipment Market for Space
4.2 Small Satellite (1-500 Kg) SATCOM Equipment Market for Space, By Type
4.3 Commercial End-User- SATCOM Equipment Market for Space, By Type
4.4 Government & Military End-User-SATCOM Equipment Market for Space, By Type
4.5 SATCOM Equipment Market for Space, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in Satellite Launches Globally
5.2.1.1.1 Increase in the Launch of Small Satellites
5.2.1.1.2 Growing Demand for Ku- and Ka-Band Satellites
5.2.1.1.3 Demand for Satellite Networks to Provide Internet Access
5.2.1.1.4 Increase in Demand for Earth Observation and Communications
5.2.2 Opportunities
5.2.2.1 High Data Rate Communication Equipment
5.2.2.2 New 3D-Printed RF Components
5.2.2.3 New Optical Technology for Inter-Satellite Communication
5.2.3 Challenges
5.2.3.1 Regulatory Challenges Related to Component Design
5.2.3.2 Regulatory Challenges Due to the Increasing Number of Proposed Small Satellite Launches

6 Industry Trends
6.1 Introduction
6.2 Technology Trends
6.2.1 Gradual Shift From LEO Satellites to GEO Satellites
6.2.2 Increasing Use of Phased Array Antennas for Broadband Communications in Space
6.2.3 Design of New Antennas Could Boost Satellite Communications
6.2.4 3D Printing RF Equipment Will Change Manufacturing Processes
6.2.5 Increasing Use of Gan in the SATCOM Equipment Market for Space
6.2.6 Increasing Use of Modular SSPA
6.3 Innovations & Patent Registrations

7 SATCOM Equipment Market for Space, By Component
7.1 Introduction
7.2 Transponders
7.2.1 Rise in Demand for 5G Communication Satellites Will Drive the Market for Transponders
7.3 Transceivers
7.3.1 Transmitters
7.3.1.1 Increased Use of Hts for Broadband Connectivity
7.3.2 Receivers
7.3.2.1 Increase in Customer Demand for High Data Rate Applications
7.4 Converters
7.4.1 Increase in Launch of Satellites in LEO for Earth Observation Will Drive the Market for Converters
7.5 Amplifiers
7.5.1 Increase in Launch of Satellites in GEO for Deep Space Missions Will Drive the Market for Amplifiers
7.6 Space Antennas
7.6.1 Increased Use of Phased Array Antennas for Communications Will Drive the Market for Space Antennas
7.6.1.1 Wire Antennas
7.6.1.2 Horn Antennas
7.6.1.3 Array Antennas
7.6.1.4 Reflector Antennas
7.7 Others

8 SATCOM Equipment Market for Space, By Satellite Type
8.1 Introduction
8.2 CubeSat (0.25u-27u)
8.2.1 Increase in Launch of CubeSats for Earth Observation is Expected to Drive the SATCOM Equipment Market
8.3 Small Satellite (1-500 Kg)
8.3.1 Nanosatellite (1-10 Kg)
8.3.1.1 Use of Nanosatellites for A Variety of Commercial Applications
8.3.2 Microsatellite (11-100 Kg)
8.3.2.1 Testing New Technologies in A Realistic Orbital Environment
8.3.3 Minisatellite (101-500 Kg)
8.3.3.1 Widely Used for Earth Observation and Broadband Internet
8.4 Medium Satellite (501-2,500 Kg)
8.4.1 Increase in Launch of Medium Satellites for Scientific Research & Exploration is Expected to Drive the SATCOM Equipment Market
8.5 Large Satellite (Above 2,500 Kg)
8.5.1 Increase in Launch of Large Satellites for Navigation and Tracking is Expected to Drive the SATCOM Equipment Market

9 SATCOM Equipment Market for Space, By Application
9.1 Introduction
9.2 Earth Observation & Remote Sensing
9.2.1 Increase in Launch of Satellites for Earth Observation and Remote Sensing Expected to Drive the SATCOM Equipment Market
9.3 Communication
9.3.1 Need for Global Network Coverage With High-Speed Data Transfer Expected to Positively Influence the Market
9.4 Scientific Research & Exploration
9.4.1 Use of CubeSats for Preliminary Scientific Missions and Testing New Technologies Expected to Drive the Scientific Research & Exploration Segment
9.5 Navigation
9.5.1 Launch of New Constellations of Satellites for Gnss Expected to Drive the SATCOM Equipment Market for Space
9.6 Others

10 SATCOM Equipment Market for Space, By End User
10.1 Introduction
10.2 Commercial
10.2.1 Satellite Operators/Owners
10.2.1.1 Increased Demand for Satellite Communications Services
10.2.2 Scientific Research & Development
10.2.2.1 Increased Launch of Satellites for Deep Space Exploration
10.2.3 Energy Industry
10.2.3.1 Increased Demand for Satellite Communications Services
10.2.4 Media & Entertainment
10.2.4.1 Increasing Demand for On-Demand and Streaming Information and Entertainment
10.3 Government & Military
10.3.1 Space Agencies
10.3.1.1 Increased Demand for Strategic Satellites
10.3.2 Department of Defense & Intelligence Agencies
10.3.2.1 The Continuously Growing Demand for Bandwidth Within the Military
10.3.3 Search & Rescue Entities
10.3.3.1 Earth Observation Satellites Play A Vital Role in Search & Rescue Operations
10.3.4 Academic Research Institutions
10.3.4.1 Universities Collaborate With Space Agencies to Conduct Research and Launch Satellites
10.4 Commercial, Government, & Military
10.4.1 Increase in Launch of Satellites for Increased Connectivity and Provision of High-Speed Data is Expected to Drive the Market

11 Regional Analysis

Companies Mentioned

    --  Airbus SE
    --  Antwerp Space
    --  Ball Aerospace and Technologies Corporation
    --  Cobham PLC
    --  General Dynamics Corporation
    --  Gomspace A/S
    --  Harris Corporation
    --  Honeywell International Inc.
    --  ISIS - Innovative Solutions in Space B.V.
    --  Maxar Technologies
    --  Mitsubishi Electric Corporation
    --  NEC Space Technologies, Ltd.
    --  Oxford Space Systems
    --  Ruag Group
    --  Tesat-Spacecom GmbH & Co. Kg

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