Satellite Antenna Market Growth Analysis Report (2023-2028)

Satellite Antenna Market Growth Analysis Report (2023-2028)

Satellite Antenna Market Growth Analysis Report (2023-2028)
Report code - SRAD231 Delivery - 2 Weeks
Satellite Antenna Market Size, Share, Trends, Dynamics, Forecast, Industry, & Growth A See more...

Market Insights

"The global satellite antenna market size was estimated at USD 20.34 billion in 2021 and is likely to grow at a CAGR of 20.59% during 2022-2028 to reach USD 75.69 billion in 2028."

Satellite-Antenna-Market-Insights

Wish to get a free sample? Click Here.

A satellite antenna can be defined as an antenna which is specifically designed to receive or transmit information through radio waves from or to a communication satellite. Based on type, a satellite antenna can be categorized as a parabolic reflector, flat panel, FRP, horn, iron antenna with mold stamping, and others.

Satellite Antenna Market Report Overview

Market Size in 2028

USD 75.69 Billion

Market Size in 2021

USD 20.34 Billion

Market Growth (2022-2028)

CAGR of 20.59%

Base Year of Study

2021

Trend Period

2016-2020

Forecast Period

2022-2028

Market Dynamics

Market Drivers

These factors are expected to boost the demand for the market in the coming year:

  • Primarily driven by significant product demand across applications such as space and maritime worldwide.
  • Increasing adoption of small satellites for communication and earth observation applications.
  • Rising integration of advanced features in the satellites is likely to create lucrative opportunities for the players operating.

Covid-19 Impact

The outbreak of COVID-19 significantly impacted the materials supply chains, international trade, and manufacturing operations across the world. The production of satellite antenna declined amidst the COVID-19 pandemic as the market players had to shut production facilities or operate the facilities below the optimal production capacities to avoid the spread of the coronavirus.

Segments Analysis

Segmentations

List of Sub-Segments

Dominant and Fastest-Growing Segments

Application-Type Analysis

Space, Land, Maritime, Airborne

The space application segment accounted for the largest market share in 2021.

Regional Analysis

North America, Europe, Asia-Pacific, and Rest of the World

North America is expected to grow at a significant CAGR during the review period.

Application Trends

"The space segment accounted for the largest market share."

The market has been divided into space, land, maritime and airborne. The space application segment accounted for the largest market share in 2021. The segment growth can be attributed to increasing emphasis on the production of small satellites for numerous purposes, particularly communication.

Regional Insights

"North America accounted for the largest market share."

The North American market accounted for the largest share in 2021 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to the presence of the established space industry and key market players such as Honeywell International Inc. (US) and General Dynamics Corporation (US).

The market progress in the Asia-Pacific region is expected to grow at the fastest CAGR during the forecast period. The market progress in the Asia-Pacific region is expected to grow at the fastest CAGR during the review on account of the strong presence of the marine industry and significant progress of the space industry particularly in China and India.

Satellite-Antenna-Market-Regional-Insights

To know which region offers the best growth opportunities, Register Here.

The critical questions answered in the report

  • What are the key trends in the global market?
  • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
  • What is the impact of COVID-19 on the global market?
  • What are the key strategies adopted by the major vendors to lead in the global market?
  • What is the market share of the top vendors?

Key Players

The following are the key players in the satellite antenna market (arranged alphabetically).

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

Report Features

This report provides intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the dynamics and will enable strategic decision-making for the existing players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Key questions this report answers

Relevant contents in the report

How big is the sales opportunity?

In-depth analysis of the Satellite Antenna Market

How lucrative is the future?

The market forecast and trend data and emerging trends

Which regions offer the best sales opportunities?

Global, regional and country-level historical data and forecasts

Which are the most attractive market segments?

Market segment analysis and Forecast

Which are the top players and their market positioning?

Competitive landscape analysis, Market share analysis

How complex is the business environment?

Porter’s five forces analysis, PEST analysis, Life cycle analysis

What are the factors affecting the market?

Drivers & challenges

Will I get the information on my specific requirement?

10% free customizatio

The market is segmented into the following categories.

By Type

  • Parabolic Reflector
  • Flat Panel
  • FRP
  • Horn
  • Iron Antenna with Mold Stamping
  • Others

By Application Type

  • Space
  • Land
  • Maritime
  • Airborne

By Region

  • North America (Country Analysis: the USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and the Rest of Europe)
  • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and the Rest of Asia-Pacific)
  • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Satellite-Antenna-Market-Report-Features

Want to get a free sample? Register Here

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s satellite antenna market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to 3 players).
  • SWOT analysis of key players (up to 3 players).

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

Frequently Asked Questions (FAQs)

A satellite antenna can be defined as an antenna which is specifically designed to receive or transmit information through radio waves from or to a communication satellite. Based on type, a satellite antenna can be categorized as a parabolic reflector, flat panel, FRP, horn, iron antenna with mold stamping, and others.

The satellite antenna market is expected to grow at a CAGR of 20.59 % during the upcoming five years.

The study period of the market is 2016-2028.

The progress of market size is primarily driven by significant product demand across applications such as space and maritime worldwide. The increasing adoption of small satellites for communication and earth observation applications is likely to propel the market progress at a significant rate during the review period. In addition to this, the rising integration of advanced features in the satellites is likely to create lucrative opportunities for the players operating in the global market in the coming years.

The satellite antenna market size is estimated to grow from USD 20.34 Bn in 2021 to USD 75.69 Bn by 2028.

The space application segment has the largest share of the market during the estimated time.

North America is expected to largest share of the market during the assessment period.

Honeywell International Inc. (US), General Dynamics Corporation (US), Mitsubishi Electric Corporation (Japan), Gilat Satellite Networks (Israel), Elite Antennas ltd (UK), MDA Ltd. (Canada), Harris Corporation (US), Cobham Limited (UK), Airbus Defence and Space (Germany), Space Star technology CO., Ltd (China) are the key companies in the market.

  •   

    Why are We Class Apart?

    No One Does Better in Aerospace Market Research Than Us

    Largest Number of Premium Studies in Aerospace Industry

    >60% of the First Buyers Come Back to Us

    >95% Client Satisfaction Ratio, the Industry's Highest

    Clients Across Aerospace Value Chain

    Track the Latest Trends in Aerospace Industry

    Know High Growth Opportunities