Satellite Communication Terminal Market Analysis Report | Global Overview 2028

Satellite Communication Terminal Market Forecast to 2028 - Global Analysis by Classification (C Band, X Band, S Band, Ku Band, and Ka Band), Application (Military Use and Civil Use), and Satellite Type (GEO, MEO, and LEO)

  • Report Code : TIPRE00026525
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 197
Buy Now

[Research Report] The satellite communication terminal market was valued at US$ 4.2 billion in 2023, and it is expected to reach US$ 6.0 billion by 2028; it is estimated to record a CAGR of 7.3% from 2023 to 2028. 

Analyst Perspective

The satellite communication terminal market is growing because of the battlefield, the rise in public safety, and the desire for a reliable network during emergencies. As well as growing OTT and IPTV are other factors responsible for the growth of the satellite industry, which in turn promotes SATCOM communication and SATCOM communication hardware like terminals. However, the market's growth is hampered by high implementation costs, restricted data transit capabilities, and limited spectrum bandwidth. Government investments in mission-critical communication systems in the defense sector, on the other hand, are likely to generate attractive prospects for the industry in the coming years.

Market Overview

Within the coverage of its wireless network, the satellite communication system provides voice and data communication services to terminal devices. When natural or man-made disasters disrupt terrestrial communications, satellite communication networks rely on satellites in space to increase effective amplification of the coverage zone, which would provide guaranteed effective communication for fields or areas that are not served or under-served by terrestrial networks. To achieve global coverage with the current most basic and direct satellite communication technology, at least three satellites would be required. Satellite communication terminal products are terminal devices that provide communication services to consumers through the usage of a satellite communication system. Voice terminals (satellite phones), data terminals (data-access devices), and other types of terminals can be found.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Satellite Communication Terminal Market: Strategic Insights

satellite-communication-terminal-market
Market Size Value inUS$ 4.2 billion in 2023
Market Size Value byUS$ 6.0 billion by 2028
Growth rateCAGR of 7.3% from 2023 to 2028
Forecast Period2023-2028
Base Year2023
Analyst Image

Naveen

Have a question?

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst

Market Driver

Increasing Demand for Defense Satellite Communication Solutions to Drive Growth of Satellite Communication Terminal Market

The requirement for satellite communication terminals is increasing in the defense sector in various countries worldwide. One of the main reasons for the growing demand is the rising military spending of numerous nations. Singapore’s defense budget for 2023 is US$ 13.41 billion, an increase of 5.6% compared to 2022, which was US$ 12.56 billion. In addition, Germany’s defense spending in 2023 amounts to US$ 55.40 billion (EUR 50.1 billion), which is a decline of 0.6% compared to 2022 but increased by US$ 3.19 billion (EUR 2.76 billion) compared to 2021. The demand for phased array antenna systems is increasing in high-speed data communication in aircraft and respective maritime and airborne applications. In January 2021, the Thales Group received an order of AN/PRC-148D improved multiband inter/intra team radios from the US Army. The count of Multiband Inter/Intra Team Radio (MBITR) radio orders is expected to be more than 6,000.

Due to the attacks of 26/11 in India, the requirement for enhanced maritime satellite communication solutions has increased in the country. In September 2019, a SATCOM company Nelco Ltd.—a subsidiary of Tata Group—became the first Indian company that received a license from the Indian government to offer maritime SATCOM services in the nation’s territorial waters. Considering increased offshore activity, investments, and trade in the maritime sector, Japan and India are anticipated to be major contributors to the growth of the satellite communication terminal market. In December 2021, Florida-based Tampa Microwave got a US$ 62.1 million contract from the US Special Operations Command to provide Satellite Deployable Node-Lite (SDN-L) terminals, spares, and ancillary equipment. The SDN-Lite can operate in Ku-, Ka-, and X- frequency bands in support of other SDN family variants, which consist of the SOF Deployable Node-Heavy and SND-Medium terminals. Similarly, in January 2022, Get SAT announced that along with R4 Integration, the US Government agency had awarded them a multi-million-dollar contract to provide satellite communication for C-130 airplanes. Under this contract, the agency selected Get SAT’s Milli SAT EX Ka-band terminal, which is a compact all-in-one communications-on-the-move (COTM) Ka-band solution. This satellite terminal is designed to meet mission-critical requirements of C-130 airborne applications without requiring any modifications to the aircraft. The terminal offers an optimized for voice, video, and data transmission and provides high bandwidth data throughput exceeding 30 Mbps with HTS satellites. Thus, the rising demand for defense satellite communication solutions drives the requirement for various satellite communication terminals.

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities

Segmental Analysis

Based on application, the global satellite communication terminal market is segmented into military use and civil use. User terminals, satellites, and a ground network that provides control and interface functions make up satellite communications networks. The advantage of a satellite communications network is that it can connect people to voice, video, and data information in places where alternative terrestrial networks may not be possible. The benefits and drawbacks of this mode of communication are largely determined by the satellite and network arrangement. Military units can organize and coordinate their infantry and units in the field via communication satellites. They allow for tactical communication while on the go and are simple to integrate into vehicles, naval vessels, and airplanes. All such factors contributing the segment’s growth in the satellite communication terminal market.

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities

Regional Analysis

The North America satellite communication terminal market was valued at US$ 1.5 billion in 2022 and is projected to reach US$ 2.2 billion by 2028; it is expected to grow at a CAGR of 6.6% during 2023–2028. The North America Satellite Communication Terminal Market is segmented into the US, Canada, and Mexico. The North America satellite communication terminal market is segmented into the US, Canada, and Mexico. North America is the most technologically advanced region, owing to high gross domestic product (GDP), positive outlook toward adoption of advanced technologies, high GDP per capita, favorable economic policies, high standard of living, and presence of a robust technology ecosystem. North America has a high emphasis on the defense sector as the governments spend significant amounts on the military, navy, and air force. Various domains such as telecommunication, media & entertainment, transportation & logistics, business & enterprise, scientific research & development, aviation, aerospace, defense, and retail & consumer drive the satellite communication terminal market in the region. As a part of the Commercial Broadband Satellite Program (CBSP), in August 2021, the US Navy has awarded a contract for 16 satellite communication terminals to L3Harris Technologies, Inc. This contract is said to be worth US$ 18 million and is expected to provide access to commercial broadband communications during maritime operations. CBSP ULV offers terminal-to-space, terminal-to-shore, and terrestrial connectivity in order to increase the throughput for commercial satellite communication. The CBSP program also consists of two US Navy contracts for distinct types of terminals, one for Unit-Level Variants (ULV) and another for Force-Level Variants (FLV). Similarly, in February 2023, the Inmarsat government announced that they had selected Cobham Satcom to supply SAILOR XTR user terminals to provide fast, reliable, and secure commercial satcom for the U.S. Navy Military Sealift Command’s (MSC) Next Generation Wideband service. Under this US$ 578 million contract, Cobham Satcom will replace all existing Ku-band user terminals on MSC vessels with the rapid deployment of 1 meter SAILOR 1000 XTR and 0.6-meter SAILOR 600 XTR Ka-band VSAT terminals. Thus, the rising demand for satellite communication in the region will further fuel the growth of the satellite communication terminal market.

As of 2019, several airports in the US were set for expansion. Some of them are Orlando International Airport, John F Kennedy International Airport, LaGuardia Airport, Newark Liberty International Airport, and O'Hare International Airport, among others. The expansion of airports is expected to drive the demand for aviation satellite communication terminals. Since many people had to stay at home due to COVID-19 restrictions, the size of online viewed content has grown notably since March 2020. Considering low prices and exclusive content, more than 45% of US online adults subscribed to at least one streaming service by June 2020. Furthermore, the use of small and portable satellite communication terminals is increasing by retail consumers working in remote areas. These retail consumers include wildlife staff, fisheries, foresters, loggers, and geologists. The satellite communication terminal market in the North American region is expected to grow promisingly in the coming years.

Key Player Analysis

The satellite communication terminal market analysis consists of the players such as Airbus; AVL Technologies; Collins Aerospace; General Dynamics Mission Systems, Inc.; Honeywell International Inc.; L3Harris Technologies, Inc.; NEC Corporation; ST ENGINEERING; Thales Group; and Viasat, Inc. Among the players in the satellite communication terminal Collins Aerospace and NEC Corporation are the top two players owing to the diversified product portfolio offered.

Recent Developments

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the satellite communication terminal market. A few recent key market developments are listed below: 

  • In April 2022, ST Engineering iDirect announced that satellite service provider X2nSat is leveraging their Mx-DMA MRC return technology on the Newtec Dialog platform to power their Smart Blending Technology. The Smart Blending Technology, featuring blended cellular and Ku-band satellite communications, is a connectivity solution that allows the delivery of live broadcasts and enables transmission continuity and disaster recovery by broadcasters and public safety agencies.
  • In November 2021, ST Engineering iDirect announced that Kacific, a satellite broadband operator in Asia Pacific, has deployed its Mx-DMA MRC technology in conjunction with its Ka-band satellite, Kacific1, to provide high-speed, low-cost, and ultra-reliable broadband to rural and suburban areas of the Pacific and Southeast Asia.
  • In April 2021, ST Engineering iDirect announced that satellite service provider—Ningbo BIRDSAT is leveraging their Mx-DMA MRC technology to offer differentiated services in the competitive market. ST Engineering iDirect’s Mx-DMA MRC technology helped Ningbo BIRDSAT to provide reliable and uninterrupted satellite connectivity to ~500 Chinese fishing vessels.
  • In April 2021, The Egyptian Ministry of Military Production (MoMP) signed a deal with the U.S. defense company General Dynamics for the procurement of mobile SATCOMs-on-the-move 20M (SOTM) communication terminals.
  • In Viasat announced federal aviation administration (FAA) approved the company’s Ka-band in-flight connectivity (IFC) solution for Gulfstream G450 aircraft, a large cabin jet often deployed on long-distance, international expeditions.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Classification, Application, and Satellite Type

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, UAE, UK, US

Frequently Asked Questions


What will be the global market size of satellite communication terminal market by 2028?

The global market size of satellite communication terminal market by 2028 will be around US$ 6.0 billion.

What are the driving factors impacting the satellite communication terminal market?

1. Increasing Demand for Defense Satellite Communication Solutions
2. Growing Need for Uninterrupted Connectivity
3. Increasing LEO satellite

What is the incremental growth of the satellite communication terminal market during the forecast period?

The satellite communication terminal market is expected to register an incremental growth value of US$ 1.7 billion during the forecast period

Which are the key players holding the major market share of satellite communication terminal market?

Viasat Inc., Airbus, General Dynamics, Thales Group and L3Harris Technologies are the key market players expected to hold a major market share of satellite communication terminal market in 2023.

Which country is holding the major market share of satellite communication terminal market?

The US is expected to hold a major market share of satellite communication terminal market in 2023.

Which is the leading application segment in the satellite communication terminal market?

Civil use segment is expected to hold a major market share of satellite communication terminal market in 2023.

What is the estimated global market size for the satellite communication terminal market in 2023?

The estimated global market size for the satellite communication terminal market in 2023 is expected to be around US$ 4.2 billion.

What is the future trend in the satellite communication terminal market?

1. Growing Requirement for Customized SATCOM Solutions
2. Growing Advancement in Satellite Technology

Which is the fastest growing regional market?

Asia Pacific is expected to register highest CAGR in the satellite communication terminal market during the forecast period (2023-2028).

Which countries are registering a high growth rate during the forecast period?

India, South Korea, and Germany are expected to register high growth rate during the forecast period.

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Satellite Communication Terminal Market Landscape

4.1 Market 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 & Africa PEST Analysis

4.2.5 South America PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

4.5 Premium Insights

4.5.1 Qualitative Insights on Mx-DMA and H-DNA Technologies

4.5.1.1 Mx-DMA

4.5.1.2 H-DNA

5. Satellite Communication Terminal Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Demand for Defense Satellite Communication Solutions

5.1.2 Growing Need for Uninterrupted Connectivity

5.1.3 Increasing LEO satellite

5.2 Market Restraints

5.2.1 High Costs of Satellite Communication Terminals

5.3 Market Opportunities

5.3.1 Rising Adoption of Portable and Small SATCOM Terminals

5.3.2 Rising Adoption of GEO

5.4 Future Trends

5.4.1 Growing Requirement for Customized SATCOM Solutions

5.4.2 Growing Advancement in Satellite Technology

5.5 Impact Analysis of Drivers and Restraints

6. Satellite Communication Terminal Market – Global Market Analysis

6.1 Global Satellite Communication Terminal Market Overview

6.2 Global Satellite Communication Terminal Market Forecast and Analysis

6.3 Market Positioning- Top Five Players

7. Satellite Communication Terminal Market Analysis – By Classification

7.1 Overview

7.2 Satellite Communication Terminal Market, By Classification (2022 and 2028)

7.3 C Band

7.3.1 Overview

7.3.2 C Band: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

7.4 X Band

7.4.1 Overview

7.4.2 X Band: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

7.5 S Band

7.5.1 Overview

7.5.2 S Band: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Ku Band

7.6.1 Overview

7.6.2 Ku Band: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Ka Band

7.7.1 Overview

7.7.2 Ka Band: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

8. Satellite Communication Terminal Market Analysis – By Application

8.1 Overview

8.2 Satellite Communication Terminal Market, By Application (2022 and 2028)

8.3 Military Use

8.3.1 Overview

8.3.2 Military Use: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Civil Use

8.4.1 Overview

8.4.2 Civil Use: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

9. Satellite Communication Terminal Market Analysis – By Satellite Type

9.1 Overview

9.2 Satellite Communication Terminal Market, By Satellite Type (2022 and 2028)

9.3 GEO

9.3.1 Overview

9.3.2 GEO: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

9.4 MEO

9.4.1 Overview

9.4.2 MEO: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

9.5 LEO

9.5.1 Overview

9.5.2 LEO: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

10. Global Satellite Communication Terminal Market – Geographic Analysis

10.1 Overview

10.2 North America: Satellite Communication Terminal Market

10.2.1 Overview

10.2.2 North America Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

10.2.3 North America Satellite Communication Terminal Market Breakdown, By Classification

10.2.4 North America Satellite Communication Terminal Market Breakdown, By Application

10.2.5 North America Satellite Communication Terminal Market Breakdown, By Satellite Type

10.2.6 North America Satellite Communication Terminal Market Breakdown, by Country

10.2.6.1 US Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.2.6.1.1 US Satellite Communication Terminal Market Breakdown, by Classification

10.2.6.1.2 US Satellite Communication Terminal Market Breakdown, by Application

10.2.6.1.3 US Satellite Communication Terminal Market Breakdown, by Satellite Type

10.2.6.2 Canada Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.2.6.2.1 Canada Satellite Communication Terminal Market Breakdown, by Classification

10.2.6.2.2 Canada Satellite Communication Terminal Market Breakdown, by Application

10.2.6.2.3 Canada Satellite Communication Terminal Market Breakdown, by Satellite Type

10.2.6.3 Mexico Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.2.6.3.1 Mexico Satellite Communication Terminal Market Breakdown, by Classification

10.2.6.3.2 Mexico Satellite Communication Terminal Market Breakdown, by Application

10.2.6.3.3 Mexico Satellite Communication Terminal Market Breakdown, by Satellite Type

10.3 Europe: Satellite Communication Terminal Market

10.3.1 Overview

10.3.2 Europe Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

10.3.3 Europe Satellite Communication Terminal Market Breakdown, By Classification

10.3.4 Europe Satellite Communication Terminal Market Breakdown, By Application

10.3.5 Europe Satellite Communication Terminal Market Breakdown, By Satellite Type

10.3.6 Europe Satellite Communication Terminal Market Breakdown, by Country

10.3.6.1 Germany Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.3.6.1.1 Germany Satellite Communication Terminal Market Breakdown, by Classification

10.3.6.1.2 Germany Satellite Communication Terminal Market Breakdown, by Application

10.3.6.1.3 Germany Satellite Communication Terminal Market Breakdown, by Satellite Type

10.3.6.2 France Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.3.6.2.1 France Satellite Communication Terminal Market Breakdown, by Classification

10.3.6.2.2 France Satellite Communication Terminal Market Breakdown, by Application

10.3.6.2.3 France Satellite Communication Terminal Market Breakdown, by Satellite Type

10.3.6.3 Italy Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.3.6.3.1 Italy Satellite Communication Terminal Market Breakdown, by Classification

10.3.6.3.2 Italy Satellite Communication Terminal Market Breakdown, by Application

10.3.6.3.3 Italy Satellite Communication Terminal Market Breakdown, by Satellite Type

10.3.6.4 United Kingdom Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.3.6.4.1 United Kingdom Satellite Communication Terminal Market Breakdown, by Classification

10.3.6.4.2 United Kingdom Satellite Communication Terminal Market Breakdown, by Application

10.3.6.4.3 United Kingdom Satellite Communication Terminal Market Breakdown, by Satellite Type

10.3.6.5 Russia Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.3.6.5.1 Russia Satellite Communication Terminal Market Breakdown, by Classification

10.3.6.5.2 Russia Satellite Communication Terminal Market Breakdown, by Application

10.3.6.5.3 Russia Satellite Communication Terminal Market Breakdown, by Satellite Type

10.3.6.6 Rest of Europe Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.3.6.6.1 Rest of Europe Satellite Communication Terminal Market Breakdown, by Classification

10.3.6.6.2 Rest of Europe Satellite Communication Terminal Market Breakdown, by Application

10.3.6.6.3 Rest of Europe Satellite Communication Terminal Market Breakdown, by Satellite Type

10.4 Asia-Pacific: Satellite Communication Terminal Market

10.4.1 Overview

10.4.2 Asia-Pacific Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

10.4.3 Asia-Pacific Satellite Communication Terminal Market Breakdown, By Classification

10.4.4 Asia-Pacific Satellite Communication Terminal Market Breakdown, By Application

10.4.5 Asia Pacific Satellite Communication Terminal Market Breakdown, By Satellite Type

10.4.6 Asia-Pacific Satellite Communication Terminal Market Breakdown, by Country

10.4.6.1 Australia Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.4.6.1.1 Australia Satellite Communication Terminal Market Breakdown, by Classification

10.4.6.1.2 Australia Satellite Communication Terminal Market Breakdown, by Application

10.4.6.1.3 Australia Satellite Communication Terminal Market Breakdown, by Satellite Type

10.4.6.2 China Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.4.6.2.1 China Satellite Communication Terminal Market Breakdown, by Classification

10.4.6.2.2 China Satellite Communication Terminal Market Breakdown, by Application

10.4.6.2.3 China Satellite Communication Terminal Market Breakdown, by Satellite Type

10.4.6.3 India Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.4.6.3.1 India Satellite Communication Terminal Market Breakdown, by Classification

10.4.6.3.2 India Satellite Communication Terminal Market Breakdown, by Application

10.4.6.3.3 India Satellite Communication Terminal Market Breakdown, by Satellite Type

10.4.6.4 Japan Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.4.6.4.1 Japan Satellite Communication Terminal Market Breakdown, by Classification

10.4.6.4.2 Japan Satellite Communication Terminal Market Breakdown, by Application

10.4.6.4.3 Japan Satellite Communication Terminal Market Breakdown, by Satellite Type

10.4.6.5 South Korea Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.4.6.5.1 South Korea Satellite Communication Terminal Market Breakdown, by Classification

10.4.6.5.2 South Korea Satellite Communication Terminal Market Breakdown, by Application

10.4.6.5.3 South Korea Satellite Communication Terminal Market Breakdown, by Satellite Type

10.4.6.6 Rest of Asia-Pacific Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.4.6.6.1 Rest of Asia-Pacific Satellite Communication Terminal Market Breakdown, by Classification

10.4.6.6.2 Rest of Asia-Pacific Satellite Communication Terminal Market Breakdown, by Application

10.4.6.6.3 Rest of Asia-Pacific Satellite Communication Terminal Market Breakdown, by Satellite Type

10.5 Middle East and Africa: Satellite Communication Terminal Market

10.5.1 Overview

10.5.2 Middle East and Africa Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

10.5.3 Middle East and Africa Satellite Communication Terminal Market Breakdown, By Classification

10.5.4 Middle East and Africa Satellite Communication Terminal Market Breakdown, By Application

10.5.5 Middle East and Africa Satellite Communication Terminal Market Breakdown, By Satellite Type

10.5.6 Middle East and Africa Satellite Communication Terminal Market Breakdown, by Country

10.5.6.1 South Africa Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.5.6.1.1 South Africa Satellite Communication Terminal Market Breakdown, by Classification

10.5.6.1.2 South Africa Satellite Communication Terminal Market Breakdown, by Application

10.5.6.1.3 South Africa Satellite Communication Terminal Market Breakdown, by Satellite Type

10.5.6.2 Saudi Arabia Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.5.6.2.1 Saudi Arabia Satellite Communication Terminal Market Breakdown, by Classification

10.5.6.2.2 Saudi Arabia Satellite Communication Terminal Market Breakdown, by Application

10.5.6.2.3 Saudi Arabia Satellite Communication Terminal Market Breakdown, by Satellite Type

10.5.6.3 UAE Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.5.6.3.1 UAE Satellite Communication Terminal Market Breakdown, by Classification

10.5.6.3.2 UAE Satellite Communication Terminal Market Breakdown, by Application

10.5.6.3.3 UAE Satellite Communication Terminal Market Breakdown, by Satellite Type

10.5.6.4 Rest of Middle East and Africa Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.5.6.4.1 Rest of Middle East and Africa Satellite Communication Terminal Market Breakdown, by Classification

10.5.6.4.2 Rest of Middle East and Africa Satellite Communication Terminal Market Breakdown, by Application

10.5.6.4.3 Rest of Middle East and Africa Satellite Communication Terminal Market Breakdown, by Satellite Type

10.6 South America: Satellite Communication Terminal Market

10.6.1 Overview

10.6.2 South America Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

10.6.3 South America Satellite Communication Terminal Market Breakdown, By Classification

10.6.4 South America Satellite Communication Terminal Market Breakdown, By Application

10.6.5 South America Satellite Communication Terminal Market Breakdown, By Satellite Type

10.6.6 South America Satellite Communication Terminal Market Breakdown, by Country

10.6.6.1 Brazil Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.6.6.1.1 Brazil Satellite Communication Terminal Market Breakdown, by Classification

10.6.6.1.2 Brazil Satellite Communication Terminal Market Breakdown, by Application

10.6.6.1.3 Brazil Satellite Communication Terminal Market Breakdown, by Satellite Type

10.6.6.2 Argentina Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.6.6.2.1 Argentina Satellite Communication Terminal Market Breakdown, by Classification

10.6.6.2.2 Argentina Satellite Communication Terminal Market Breakdown, by Application

10.6.6.2.3 Argentina Satellite Communication Terminal Market Breakdown, by Satellite Type

10.6.6.3 Rest of South America Satellite Communication Terminal Market, Revenue and Forecast to 2028

10.6.6.3.1 Rest of South America Satellite Communication Terminal Market Breakdown, by Classification

10.6.6.3.2 Rest of South America Satellite Communication Terminal Market Breakdown, by Application

10.6.6.3.3 Rest of South America Satellite Communication Terminal Market Breakdown, by Satellite Type

11. Satellite Communication Terminal Market - COVID-19 Impact Analysis

11.1 Overview

11.1.1 North America: Impact Assessment of COVID-19 Pandemic

11.1.2 Europe: Impact Assessment of COVID-19 Pandemic

11.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

11.1.5 South America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Product Development

12.4 Mergers & Acquisitions

13. Company Profiles

13.1 Gilat Satellite Networks Ltd

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 Airbus SE

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 AVL Technologies

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 Collins Aerospace

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 General Dynamics Mission Systems 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 Honeywell International Inc

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 L3Harris Technologies Inc

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 Singapore Technologies Engineering Ltd

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 Thales SA

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 Viasat, Inc.

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

13.11 NEC Corp

13.11.1 Key Facts

13.11.2 Business Description

13.11.3 Financial Overview

13.11.4 SWOT Analysis

13.11.5 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary

LIST OF TABLES

Table 1. North America Satellite Communication Terminal Market, Revenue and Forecast To 2028 – By Classification (US$ million)

Table 2. North America Satellite Communication Terminal Market, Revenue and Forecast To 2028 – By Application (US$ million)

Table 3. North America Satellite Communication Terminal Market, Revenue and Forecast To 2028 – By Satellite Type (US$ million)

Table 4. US Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 5. US Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 6. US Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 7. Canada Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 8. Canada Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 9. Canada Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 10. Mexico Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 11. Mexico Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 12. Mexico Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 13. Europe Satellite Communication Terminal Market, Revenue and Forecast To 2028 – By Classification (US$ million)

Table 14. Europe Satellite Communication Terminal Market, Revenue and Forecast To 2028 – By Application (US$ million)

Table 15. Europe Satellite Communication Terminal Market, Revenue and Forecast To 2028 – By Satellite Type (US$ million)

Table 16. Germany Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 17. Germany Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 18. Germany Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 19. France Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 20. France Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 21. France Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 22. Italy Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 23. Italy Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 24. Italy Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 25. United Kingdom Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 26. United Kingdom Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 27. United Kingdom Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 28. Russia Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 29. Russia Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 30. Russia Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 31. Rest of Europe Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 32. Rest of Europe Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 33. Rest of Europe Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 34. Asia-Pacific Satellite Communication Terminal Market, Revenue and Forecast To 2028 – By Classification (US$ million)

Table 35. Asia-Pacific Satellite Communication Terminal Market, Revenue and Forecast To 2028 – By Application (US$ million)

Table 36. Asia Pacific Satellite Communication Terminal Market, Revenue and Forecast To 2028 – By Satellite Type (US$ million)

Table 37. Australia Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 38. Australia Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 39. Australia Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 40. China Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 41. China Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 42. China Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 43. India Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 44. India Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 45. India Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 46. Japan Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification | (US$ million)

Table 47. Japan Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 48. Japan Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 49. South Korea Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 50. South Korea Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 51. South Korea Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 52. Rest of Asia-Pacific Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 53. Rest of Asia-Pacific Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 54. Rest of Asia-Pacific Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 55. Middle East and Africa Satellite Communication Terminal Market, Revenue and Forecast To 2028 – By Classification (US$ million)

Table 56. Middle East and Africa Satellite Communication Terminal Market, Revenue and Forecast To 2028 – By Application (US$ million)

Table 57. Middle East and Africa Satellite Communication Terminal Market, Revenue and Forecast To 2028 – By Satellite Type (US$ million)

Table 58. South Africa Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 59. South Africa Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 60. South Africa Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 61. Saudi Arabia Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 62. Saudi Arabia Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 63. Saudi Arabia Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 64. UAE Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 65. UAE Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 66. UAE Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 67. Rest of Middle East and Africa Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 68. Rest of Middle East and Africa Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 69. Rest of Middle East and Africa Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 70. South America Satellite Communication Terminal Market, Revenue and Forecast To 2028 – By Classification (US$ million)

Table 71. South America Satellite Communication Terminal Market, Revenue and Forecast To 2028 – By Application (US$ million)

Table 72. South America Satellite Communication Terminal Market, Revenue and Forecast To 2028 – By Satellite Type (US$ million)

Table 73. Brazil Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 74. Brazil Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 75. Brazil Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 76. Argentina Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 77. Argentina Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 78. Argentina Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 79. Rest of South America Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Classification (US$ million)

Table 80. Rest of South America Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 81. Rest of South America Satellite Communication Terminal Market, Revenue and Forecast to 2028 – By Satellite Type (US$ million)

Table 82. Glossary of Terms, Satellite Communication Terminal Market

LIST OF FIGURES

Figure 1. Satellite Communication Terminal Market Segmentation

Figure 2. Satellite Communication Terminal Market Segmentation - Geography

Figure 3. Satellite Communication Terminal Market Overview

Figure 4. Satellite Communication Terminal Market, By Classification

Figure 5. Satellite Communication Terminal Market, By Application

Figure 6. Satellite Communication Terminal Market, By Satellite Type

Figure 7. Satellite Communication Terminal Market, By Region

Figure 8. North America PEST Analysis

Figure 9. Europe – PEST Analysis

Figure 10. Asia Pacific PEST Analysis

Figure 11. Middle East & Africa PEST Analysis

Figure 12. South America PEST Analysis

Figure 13. Satellite Communication Terminal Market Ecosystem Analysis

Figure 14. Expert Opinion

Figure 15. Satellite Communication Terminal Market Impact Analysis of Drivers and Restraints

Figure 16. Global Satellite Communication Terminal Market

Figure 17. Global Satellite Communication Terminal Market, Forecast and Analysis (US$ Mn)

Figure 18. Market Positioning- Top Five Players

Figure 19. Satellite Communication Terminal Market Revenue Share, by Classification (2022 and 2028)

Figure 20. C Band: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. X Band: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. S Band: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Ku Band: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Ka Band: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. Satellite Communication Terminal Market Revenue Share, by Application (2022 and 2028)

Figure 26. Military Use: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Civil Use: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. Satellite Communication Terminal Market Revenue Share, by Application (2022 and 2028)

Figure 29. GEO: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. MEO: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. LEO: Satellite Communication Terminal Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Global Satellite Communication Terminal Market Breakdown, By Region, 2022 & 2028 (%)

Figure 33. North America Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 34. North America Satellite Communication Terminal Market Breakdown, By Classification, 2022 & 2028 (%)

Figure 35. North America Satellite Communication Terminal Market Breakdown, By Application, 2022 & 2028 (%)

Figure 36. North America Satellite Communication Terminal Market Breakdown, By Satellite Type, 2022 & 2028 (%)

Figure 37. North America Satellite Communication Terminal Market Breakdown, by Country, 2022 & 2028 (%)

Figure 38. US Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 39. Canada Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 40. Mexico Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 41. Europe Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 42. Europe Satellite Communication Terminal Market Breakdown, By Classification, 2022 & 2028 (%)

Figure 43. Europe Satellite Communication Terminal Market Breakdown, By Application, 2022 & 2028 (%)

Figure 44. Europe Satellite Communication Terminal Market Breakdown, By Satellite Type, 2022 & 2028 (%)

Figure 45. Europe Satellite Communication Terminal Market Breakdown, by Country, 2022 & 2028 (%)

Figure 46. Germany Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 47. France Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 48. Italy Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 49. United Kingdom Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 50. Russia Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 51. Rest of Europe Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 52. Asia-Pacific Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 53. Asia-Pacific Satellite Communication Terminal Market Breakdown, By Classification, 2022 & 2028 (%)

Figure 54. Asia-Pacific Satellite Communication Terminal Market Breakdown, By Application, 2022 & 2028 (%)

Figure 55. Asia Pacific Satellite Communication Terminal Market Breakdown, By Satellite Type, 2022 & 2028 (%)

Figure 56. Asia-Pacific Satellite Communication Terminal Market Breakdown, by Country, 2022 & 2028 (%)

Figure 57. Australia Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 58. China Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 59. India Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 60. Japan Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 61. South Korea Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 62. Rest of Asia-Pacific Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 63. Middle East and Africa Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 64. Middle East and Africa Satellite Communication Terminal Market Breakdown, By Classification, 2022 & 2028 (%)

Figure 65. Middle East and Africa Satellite Communication Terminal Market Breakdown, By Application, 2022 & 2028 (%)

Figure 66. Middle East and Africa Satellite Communication Terminal Market Breakdown, By Satellite Type, 2022 & 2028 (%)

Figure 67. Middle East and Africa Satellite Communication Terminal Market Breakdown, by Country, 2022 & 2028 (%)

Figure 68. South Africa Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 69. Saudi Arabia Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 70. UAE Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 71. Rest of Middle East and Africa Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 72. South America Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 73. South America Satellite Communication Terminal Market Breakdown, By Classification, 2022 & 2028 (%)

Figure 74. South America Satellite Communication Terminal Market Breakdown, By Application, 2022 & 2028 (%)

Figure 75. South America Satellite Communication Terminal Market Breakdown, By Satellite Type, 2022 & 2028 (%)

Figure 76. South America Satellite Communication Terminal Market Breakdown, by Country, 2022 & 2028 (%)

Figure 77. Brazil Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 78. Argentina Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 79. Rest of South America Satellite Communication Terminal Market, Revenue and Forecast to 2028 (US$ million)

Figure 80. Impact of COVID-19 Pandemic in North America Country Markets

Figure 81. Impact of COVID-19 Pandemic in Europe Country Markets

Figure 82. Impact of COVID-19 Pandemic in APAC Country Markets

Figure 83. Impact of COVID-19 Pandemic in Middle East and Africa Countries

Figure 84. Impact of COVID-19 Pandemic in South America Countries

The List of Companies - Satellite Communication Terminal Market

  1. Airbus
  2. AVL Technologies
  3. Collins Aerospace
  4. General Dynamics Mission Systems, Inc.
  5. Honeywell International Inc.
  6. L3Harris Technologies, Inc.
  7. NEC Corporation
  8. ST ENGINEERING
  9. Thales Group
  10. Viasat, Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Satellite Communication Terminal Market