The SATCOM Equipment Market is expected to register a CAGR of 10.8% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Component (Transponders, Transceivers, Converters, Amplifiers, Space Antennas, and Others), Satellite Type (CubeSat, Small, Medium, and Large), Application (Earth Observation and Remote Sensing, Communication, Navigation, Scientific Research and Exploration, and Others), End User (Commercial and Military). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments
Purpose of the ReportThe report SATCOM Equipment Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
SATCOM Equipment Market Segmentation
Component- Transponders
- Transceivers
- Converters
- Amplifiers
- Space Antennas
- Others
- CubeSat
- Small
- Medium
- Large
- Earth Observation and Remote Sensing
- Communication
- Navigation
- Scientific Research and Exploration
- Others
- Commercial and Military
Strategic Insights
SATCOM Equipment Market Growth Drivers- Increasing Demand for High-Speed, Reliable Communication Networks: The demand for high-speed, reliable communication systems is one of the primary drivers for the SATCOM (Satellite Communication) equipment market. As global connectivity needs expand, particularly in remote regions and during emergencies, satellite-based communication offers an efficient solution. SATCOM systems enable uninterrupted and reliable data transmission for industries such as telecommunications, broadcasting, defense, and maritime, supporting the growing need for high-speed, always-on communication.
- Expansion of 5G and IoT Networks: The global expansion of 5G networks and the growing adoption of Internet of Things (IoT) devices are boosting the SATCOM equipment market. Satellites are essential in providing backhaul and extending network coverage in areas where terrestrial infrastructure is unavailable or impractical. SATCOM solutions help to bridge connectivity gaps, enabling seamless communication for IoT applications, autonomous systems, and smart cities. As 5G and IoT adoption continue to grow, satellite communication will play a crucial role in delivering high-capacity, low-latency connectivity.
- Rising Military and Defense Applications: The growing need for secure, global communication systems in military and defense operations is driving demand for advanced SATCOM equipment. Military forces require satellite communication to ensure reliable, real-time communication, surveillance, and secure data transfer, especially in remote or hostile environments. The demand for secure, encrypted communication networks is spurring innovation and investment in SATCOM solutions, fueling growth in the defense sector
- Miniaturization and Cost Reduction of SATCOM Equipment: One of the key trends in the SATCOM market is the miniaturization of equipment and the reduction in costs. Technological advancements have led to the development of smaller, more affordable satellite communication systems that can be easily deployed across a wider range of industries. This trend is making SATCOM solutions more accessible to small and medium-sized enterprises (SMEs) and non-traditional sectors, expanding the market beyond the major telecommunications and defense industries.
- Increased Adoption of Low Earth Orbit (LEO) Satellites: The market is witnessing a significant shift towards Low Earth Orbit (LEO) satellite constellations, driven by companies like SpaceX with their Starlink initiative. LEO satellites offer lower latency, better coverage, and more efficient communication compared to traditional geostationary satellites. As the need for faster, global connectivity grows, the trend towards LEO satellite deployment is gaining momentum, offering a more efficient solution for internet connectivity, especially in rural and underserved regions.
- Hybrid SATCOM Solutions: There is a growing trend toward hybrid SATCOM solutions that combine satellite communication with terrestrial networks, providing enhanced performance, reliability, and scalability. These solutions offer seamless integration of satellite and ground-based communications, enabling businesses and governments to address various connectivity challenges. Hybrid systems are particularly beneficial for industries like maritime, aviation, and remote telecommunications, where continuous, high-quality connectivity is essential
- Expansion in Remote and Underserved Areas: One of the key opportunities for the SATCOM equipment market is the expansion of communication networks into remote and underserved areas. Satellite communication is the ideal solution for regions lacking the infrastructure for traditional broadband networks, such as rural communities, islands, and areas with difficult terrain. The growing push for global digital inclusion, especially in emerging markets, presents a significant opportunity for SATCOM equipment providers to help bridge the digital divide.
- Growth in Commercial Space Exploration and Satellite Networks: The increasing interest in commercial space exploration, satellite constellations, and satellite-based services presents a significant growth opportunity for the SATCOM equipment market. As private companies invest in satellite technology for global communication, remote sensing, and Earth observation, the demand for specialized SATCOM equipment to support these projects is rising. This presents a lucrative opportunity for manufacturers of communication equipment, especially those focused on LEO satellites and satellite communication infrastructure.
- Development of 5G Satellite Backhaul Solutions: As 5G networks continue to expand globally, there is an opportunity for SATCOM equipment to play a pivotal role in 5G satellite backhaul solutions. Satellite-based backhaul services enable seamless integration of remote areas into the global 5G network, ensuring continuous high-speed data transmission even in regions where terrestrial networks are not feasible. The development of SATCOM solutions for 5G backhaul will help meet the demands of high-speed internet connectivity and drive market growth in the satellite communication sector.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the SATCOM Equipment Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the SATCOM Equipment Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
Compact terminal designs
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Growing demand for high-speed connectivity, Need for secure communications systems, Rise of private space companies
The SATCOM Equipment Market is estimated to witness a CAGR of 10.8% from 2023 to 2031
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 SATCOM Equipment Market - By Component
1.3.2 SATCOM Equipment Market - By Satellite Type
1.3.3 SATCOM Equipment Market - By Application
1.3.4 SATCOM Equipment Market - By End User
1.3.5 SATCOM Equipment Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SATCOM EQUIPMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. SATCOM EQUIPMENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. SATCOM EQUIPMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. SATCOM EQUIPMENT - GLOBAL MARKET OVERVIEW
6.2. SATCOM EQUIPMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SATCOM EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. TRANSPONDERS
7.3.1. Overview
7.3.2. Transponders Market Forecast and Analysis
7.4. TRANSCEIVERS
7.4.1. Overview
7.4.2. Transceivers Market Forecast and Analysis
7.5. CONVERTERS
7.5.1. Overview
7.5.2. Converters Market Forecast and Analysis
7.6. AMPLIFIERS
7.6.1. Overview
7.6.2. Amplifiers Market Forecast and Analysis
7.7. SPACE ANTENNAS
7.7.1. Overview
7.7.2. Space Antennas Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. SATCOM EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - SATELLITE TYPE
8.1. OVERVIEW
8.2. SATELLITE TYPE MARKET FORECASTS AND ANALYSIS
8.3. CUBESAT
8.3.1. Overview
8.3.2. CubeSat Market Forecast and Analysis
8.4. SMALL
8.4.1. Overview
8.4.2. Small Market Forecast and Analysis
8.5. MEDIUM
8.5.1. Overview
8.5.2. Medium Market Forecast and Analysis
8.6. LARGE
8.6.1. Overview
8.6.2. Large Market Forecast and Analysis
9. SATCOM EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. EARTH OBSERVATION AND REMOTE SENSING
9.3.1. Overview
9.3.2. Earth Observation and Remote Sensing Market Forecast and Analysis
9.4. COMMUNICATION
9.4.1. Overview
9.4.2. Communication Market Forecast and Analysis
9.5. NAVIGATION
9.5.1. Overview
9.5.2. Navigation Market Forecast and Analysis
9.6. SCIENTIFIC RESEARCH AND EXPLORATION
9.6.1. Overview
9.6.2. Scientific Research and Exploration Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis
10. SATCOM EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - END USER
10.1. OVERVIEW
10.2. END USER MARKET FORECASTS AND ANALYSIS
10.3. COMMERCIAL
10.3.1. Overview
10.3.2. Commercial Market Forecast and Analysis
10.4. MILITARY
10.4.1. Overview
10.4.2. Military Market Forecast and Analysis
11. SATCOM EQUIPMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America SATCOM Equipment Market Overview
11.1.2 North America SATCOM Equipment Market Forecasts and Analysis
11.1.3 North America SATCOM Equipment Market Forecasts and Analysis - By Component
11.1.4 North America SATCOM Equipment Market Forecasts and Analysis - By Satellite Type
11.1.5 North America SATCOM Equipment Market Forecasts and Analysis - By Application
11.1.6 North America SATCOM Equipment Market Forecasts and Analysis - By End User
11.1.7 North America SATCOM Equipment Market Forecasts and Analysis - By Countries
11.1.7.1 United States SATCOM Equipment Market
11.1.7.1.1 United States SATCOM Equipment Market by Component
11.1.7.1.2 United States SATCOM Equipment Market by Satellite Type
11.1.7.1.3 United States SATCOM Equipment Market by Application
11.1.7.1.4 United States SATCOM Equipment Market by End User
11.1.7.2 Canada SATCOM Equipment Market
11.1.7.2.1 Canada SATCOM Equipment Market by Component
11.1.7.2.2 Canada SATCOM Equipment Market by Satellite Type
11.1.7.2.3 Canada SATCOM Equipment Market by Application
11.1.7.2.4 Canada SATCOM Equipment Market by End User
11.1.7.3 Mexico SATCOM Equipment Market
11.1.7.3.1 Mexico SATCOM Equipment Market by Component
11.1.7.3.2 Mexico SATCOM Equipment Market by Satellite Type
11.1.7.3.3 Mexico SATCOM Equipment Market by Application
11.1.7.3.4 Mexico SATCOM Equipment Market by End User
11.2. EUROPE
11.2.1 Europe SATCOM Equipment Market Overview
11.2.2 Europe SATCOM Equipment Market Forecasts and Analysis
11.2.3 Europe SATCOM Equipment Market Forecasts and Analysis - By Component
11.2.4 Europe SATCOM Equipment Market Forecasts and Analysis - By Satellite Type
11.2.5 Europe SATCOM Equipment Market Forecasts and Analysis - By Application
11.2.6 Europe SATCOM Equipment Market Forecasts and Analysis - By End User
11.2.7 Europe SATCOM Equipment Market Forecasts and Analysis - By Countries
11.2.7.1 Germany SATCOM Equipment Market
11.2.7.1.1 Germany SATCOM Equipment Market by Component
11.2.7.1.2 Germany SATCOM Equipment Market by Satellite Type
11.2.7.1.3 Germany SATCOM Equipment Market by Application
11.2.7.1.4 Germany SATCOM Equipment Market by End User
11.2.7.2 France SATCOM Equipment Market
11.2.7.2.1 France SATCOM Equipment Market by Component
11.2.7.2.2 France SATCOM Equipment Market by Satellite Type
11.2.7.2.3 France SATCOM Equipment Market by Application
11.2.7.2.4 France SATCOM Equipment Market by End User
11.2.7.3 Italy SATCOM Equipment Market
11.2.7.3.1 Italy SATCOM Equipment Market by Component
11.2.7.3.2 Italy SATCOM Equipment Market by Satellite Type
11.2.7.3.3 Italy SATCOM Equipment Market by Application
11.2.7.3.4 Italy SATCOM Equipment Market by End User
11.2.7.4 United Kingdom SATCOM Equipment Market
11.2.7.4.1 United Kingdom SATCOM Equipment Market by Component
11.2.7.4.2 United Kingdom SATCOM Equipment Market by Satellite Type
11.2.7.4.3 United Kingdom SATCOM Equipment Market by Application
11.2.7.4.4 United Kingdom SATCOM Equipment Market by End User
11.2.7.5 Russia SATCOM Equipment Market
11.2.7.5.1 Russia SATCOM Equipment Market by Component
11.2.7.5.2 Russia SATCOM Equipment Market by Satellite Type
11.2.7.5.3 Russia SATCOM Equipment Market by Application
11.2.7.5.4 Russia SATCOM Equipment Market by End User
11.2.7.6 Rest of Europe SATCOM Equipment Market
11.2.7.6.1 Rest of Europe SATCOM Equipment Market by Component
11.2.7.6.2 Rest of Europe SATCOM Equipment Market by Satellite Type
11.2.7.6.3 Rest of Europe SATCOM Equipment Market by Application
11.2.7.6.4 Rest of Europe SATCOM Equipment Market by End User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific SATCOM Equipment Market Overview
11.3.2 Asia-Pacific SATCOM Equipment Market Forecasts and Analysis
11.3.3 Asia-Pacific SATCOM Equipment Market Forecasts and Analysis - By Component
11.3.4 Asia-Pacific SATCOM Equipment Market Forecasts and Analysis - By Satellite Type
11.3.5 Asia-Pacific SATCOM Equipment Market Forecasts and Analysis - By Application
11.3.6 Asia-Pacific SATCOM Equipment Market Forecasts and Analysis - By End User
11.3.7 Asia-Pacific SATCOM Equipment Market Forecasts and Analysis - By Countries
11.3.7.1 Australia SATCOM Equipment Market
11.3.7.1.1 Australia SATCOM Equipment Market by Component
11.3.7.1.2 Australia SATCOM Equipment Market by Satellite Type
11.3.7.1.3 Australia SATCOM Equipment Market by Application
11.3.7.1.4 Australia SATCOM Equipment Market by End User
11.3.7.2 China SATCOM Equipment Market
11.3.7.2.1 China SATCOM Equipment Market by Component
11.3.7.2.2 China SATCOM Equipment Market by Satellite Type
11.3.7.2.3 China SATCOM Equipment Market by Application
11.3.7.2.4 China SATCOM Equipment Market by End User
11.3.7.3 India SATCOM Equipment Market
11.3.7.3.1 India SATCOM Equipment Market by Component
11.3.7.3.2 India SATCOM Equipment Market by Satellite Type
11.3.7.3.3 India SATCOM Equipment Market by Application
11.3.7.3.4 India SATCOM Equipment Market by End User
11.3.7.4 Japan SATCOM Equipment Market
11.3.7.4.1 Japan SATCOM Equipment Market by Component
11.3.7.4.2 Japan SATCOM Equipment Market by Satellite Type
11.3.7.4.3 Japan SATCOM Equipment Market by Application
11.3.7.4.4 Japan SATCOM Equipment Market by End User
11.3.7.5 South Korea SATCOM Equipment Market
11.3.7.5.1 South Korea SATCOM Equipment Market by Component
11.3.7.5.2 South Korea SATCOM Equipment Market by Satellite Type
11.3.7.5.3 South Korea SATCOM Equipment Market by Application
11.3.7.5.4 South Korea SATCOM Equipment Market by End User
11.3.7.6 Rest of Asia-Pacific SATCOM Equipment Market
11.3.7.6.1 Rest of Asia-Pacific SATCOM Equipment Market by Component
11.3.7.6.2 Rest of Asia-Pacific SATCOM Equipment Market by Satellite Type
11.3.7.6.3 Rest of Asia-Pacific SATCOM Equipment Market by Application
11.3.7.6.4 Rest of Asia-Pacific SATCOM Equipment Market by End User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa SATCOM Equipment Market Overview
11.4.2 Middle East and Africa SATCOM Equipment Market Forecasts and Analysis
11.4.3 Middle East and Africa SATCOM Equipment Market Forecasts and Analysis - By Component
11.4.4 Middle East and Africa SATCOM Equipment Market Forecasts and Analysis - By Satellite Type
11.4.5 Middle East and Africa SATCOM Equipment Market Forecasts and Analysis - By Application
11.4.6 Middle East and Africa SATCOM Equipment Market Forecasts and Analysis - By End User
11.4.7 Middle East and Africa SATCOM Equipment Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa SATCOM Equipment Market
11.4.7.1.1 South Africa SATCOM Equipment Market by Component
11.4.7.1.2 South Africa SATCOM Equipment Market by Satellite Type
11.4.7.1.3 South Africa SATCOM Equipment Market by Application
11.4.7.1.4 South Africa SATCOM Equipment Market by End User
11.4.7.2 Saudi Arabia SATCOM Equipment Market
11.4.7.2.1 Saudi Arabia SATCOM Equipment Market by Component
11.4.7.2.2 Saudi Arabia SATCOM Equipment Market by Satellite Type
11.4.7.2.3 Saudi Arabia SATCOM Equipment Market by Application
11.4.7.2.4 Saudi Arabia SATCOM Equipment Market by End User
11.4.7.3 U.A.E SATCOM Equipment Market
11.4.7.3.1 U.A.E SATCOM Equipment Market by Component
11.4.7.3.2 U.A.E SATCOM Equipment Market by Satellite Type
11.4.7.3.3 U.A.E SATCOM Equipment Market by Application
11.4.7.3.4 U.A.E SATCOM Equipment Market by End User
11.4.7.4 Rest of Middle East and Africa SATCOM Equipment Market
11.4.7.4.1 Rest of Middle East and Africa SATCOM Equipment Market by Component
11.4.7.4.2 Rest of Middle East and Africa SATCOM Equipment Market by Satellite Type
11.4.7.4.3 Rest of Middle East and Africa SATCOM Equipment Market by Application
11.4.7.4.4 Rest of Middle East and Africa SATCOM Equipment Market by End User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America SATCOM Equipment Market Overview
11.5.2 South and Central America SATCOM Equipment Market Forecasts and Analysis
11.5.3 South and Central America SATCOM Equipment Market Forecasts and Analysis - By Component
11.5.4 South and Central America SATCOM Equipment Market Forecasts and Analysis - By Satellite Type
11.5.5 South and Central America SATCOM Equipment Market Forecasts and Analysis - By Application
11.5.6 South and Central America SATCOM Equipment Market Forecasts and Analysis - By End User
11.5.7 South and Central America SATCOM Equipment Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil SATCOM Equipment Market
11.5.7.1.1 Brazil SATCOM Equipment Market by Component
11.5.7.1.2 Brazil SATCOM Equipment Market by Satellite Type
11.5.7.1.3 Brazil SATCOM Equipment Market by Application
11.5.7.1.4 Brazil SATCOM Equipment Market by End User
11.5.7.2 Argentina SATCOM Equipment Market
11.5.7.2.1 Argentina SATCOM Equipment Market by Component
11.5.7.2.2 Argentina SATCOM Equipment Market by Satellite Type
11.5.7.2.3 Argentina SATCOM Equipment Market by Application
11.5.7.2.4 Argentina SATCOM Equipment Market by End User
11.5.7.3 Rest of South and Central America SATCOM Equipment Market
11.5.7.3.1 Rest of South and Central America SATCOM Equipment Market by Component
11.5.7.3.2 Rest of South and Central America SATCOM Equipment Market by Satellite Type
11.5.7.3.3 Rest of South and Central America SATCOM Equipment Market by Application
11.5.7.3.4 Rest of South and Central America SATCOM Equipment Market by End User
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. SATCOM EQUIPMENT MARKET, KEY COMPANY PROFILES
13.1. AIRBUS S.A.S.
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. BALL CORPORATION
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. COBHAM PLC
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. GENERAL DYNAMICS MISSION SYSTEMS, INC.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. HONEYWELL INTERNATIONAL INC.
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. L3 HARRIS
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. MDA CORPORATION (MAXAR TECHNOLOGIES)
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. MITSUBISHI ELECTRIC CORPORATION
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. NEC CORPORATION
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. RUAG GROUP
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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