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Satellite communication equipment market to hit USD 30.32 billion by 2022

Telecommunications Market Research

The SATCOM equipment market is estimated to be USD 20.20 Billion in 2017 and is projected to reach USD 30.32 Billion by 2022, at a CAGR of 8.46% from 2017 to 2022.

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Factors such as increasing need for uninterrupted communication in various industries and growing fleet of autonomous and connected vehicles have garnered the interest of satellite manufacturers and related players in the satellite industry, subsequently driving the growth of the SATCOM equipment market.

Target Audience

  • Component Providers
  • Original Equipment Manufacturers
  • Subsystem Manufacturers
  • Ministry of Defense
  • Technology Support Providers
  • Scientific Research Centers

The objective of this study is to define, describe, and forecast the SATCOM equipment market and map the segments and subsegments across major regions, namely, North America, Europe, Asia Pacific, Middle East & Africa, and Latin America; as well as to analyze the market and market statistics from 2017 to 2022.

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The report provides in-depth Satellite Communication Equipment market intelligence regarding market dynamics and major factors, such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the SATCOM equipment market, along with analyzing micromarkets with respect to individual growth trends, prospects and their contribution to the SATCOM equipment market.

Break-up of profiles of primary participants in this report:

  • By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
  • By Designation: C Level – 35%, Director Level – 25%, Others – 40%
  • By Region: North America –45%, Europe – 20%, Asia Pacific – 35%, RoW – 5%

The study segments the Satellite Communication Equipment market based on product, vertical, end-use, and technology, and maps these segments and sub segments across major regions, namely, North America, Europe, Asia Pacific, the Middle East &Africa (MEA), and Latin America.

Key players profiled in the Satellite Communication Equipment market report include General Dynamics Corporation (US), Cobham Plc (UK), L3 Technologies (US), Viasat (US), and Harris Corporation (US), among others. These players offer advanced technology systems, products, and services.

They also provide a broad range of management, engineering, technical, communications, and information service capabilities.

Access report at www.rnrmarketresearch.com/contacts…unt?rname=1463424 .

The report provides in-depth market intelligence regarding market dynamics and major factors, such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the SATCOM equipment market, along with analyzing micro markets with respect to individual growth trends, prospects, and their contribution to the SATCOM equipment market.

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