A recent report published by
Infinium Global Research on satellite terminal market provides in-depth
analysis of segments and sub-segments in the global as well as regional satellite
terminal market. The study also highlights the impact of drivers, restraints,
and macro indicators on the global and regional satellite terminal market over
the short term as well as long term. The report is a comprehensive presentation
of trends, forecast and dollar values of the global satellite terminal market.
According to the report, the global satellite terminal market is projected to
grow at a healthy CAGR over the forecast period of 2019-2025.
The satellite terminal is an
electronic communication hardware device that uses small antennas with tracking
systems, advanced modulation, and coding schemes. It allows them to provide
two-way, high-speed communications from aircraft, maritime vessels, trains, or
land vehicles. Satellite designers and terminal equipment manufacturers adopted
new technology capabilities such as spectrally efficient, ultra-small terminals
that provide broadband communications to support voice, video, high-speed data,
and access to the Internet. The satellite terminal is largely used in military
units to plan and coordinate their infantry and units in the field. The growing
number of out-of-area missions require a communication network that can receive
and broadcast information with the utmost reliability at all times.
Increasing demand for on-the-move
global broadband communications are the primary growth factor for the satellite
terminal market. Increasing living standards and economic growth of developing
countries are invariably linked to the availability and use of telecom
services. Satellite communications technologies have achieved remarkable
breakthrough efficiencies and increases in performance in these countries in
the past few decades. Furthermore, increasing use of satellite terminal in the
defense sector is boosting the market growth. Communication satellite terminal provides
tactical communication on the move and are easily integrated on vehicles, naval
vessels, and aircraft. The demand for vehicles equipped portable satellite
terminal is growing for essential battlefield situational awareness during
missions. However, high initial cost and cost of installation is a major
restraining factor for the satellite terminal market. The satellite terminal is
highly customized and difficult to upgrade which requires high costs for their
operating. Moreover, the emergence of broadcast satellite television represents
a large market opportunity for terminals.
the global satellite terminal market is divided into North America, Asia Pacific,
Europe, Latin America, and Middle East & Africa. North America dominates
the global satellite terminal market. The factors such as mајоr tесhnоlоgісаl
аdvаnсеmеntѕ and gоvеrnmеnt іnіtіаtіvеѕ to drіvе аdорtіоn оf wіrеlеѕѕ
соmmunісаtіоnѕ are driving the growth of the market in the North America
region. Іn аddіtіоn, оrgаnіzаtіоnѕ ѕuсh аѕ NАЅА аnd Ѕрасе Ехрlоrаtіоn
Тесhnоlоgіеѕ Соrр. are dеvеlоріng nеw ѕуѕtеmѕ that are anticipated to increase
demand fоr ѕаtеllіtе соmmunісаtіоn ѕоlutіоnѕ оvеr thе fоrесаѕt реrіоd. Аѕіа
Расіfіс is fastest growing region owing to gоvеrnmеntѕ оf соuntrіеѕ ѕuсh аѕ
Іndіа, Сhіnа, Ѕоuth Коrеа, аnd Јараn аrе expected to іnvеѕt ѕubѕtаntіаllу fоr
development оf thеіr rеѕресtіvе dеfеnѕе ѕуѕtеmѕ. The countries such as Сhіnа
аnd Іndіа аrе projected to be thе mоѕt рrоfіtаblе mаrkеtѕ fоr mіlіtаrу ЅАТСОМ
grоund tеrmіnаlѕ due to growing terror асtіvіtіеѕ аnd bоrdеr dіѕрutеѕ.
The report on global satellite
terminal market covers segments such as component, architecture, and applications.
On the basis of component, the sub-markets include outdoor unit, indoor unit,
and interfacility link. On the basis of architecture, the sub-markets include
fixed, and portable. On the basis of applications, the sub-markets include
government & defense, and commercial.
The report provides profiles of
the companies in the market such as Globecomm Systems Inc., General Dynamics,
Hughes Network Systems LLC., AVL Technologies, Inc., Acorde Technologies S.A.,
C-Com Satellite Systems Inc., ND SatCom GmbH, DataPath, Inc., Hindawi Limited,
and Viasat, Inc.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the satellite terminal market. Moreover, the study highlights current
market trends and provides forecast from 2019-2025. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.