Satellite Antenna Market Size Worth US$ 5.0 Billion, Globally by 2028 | Exclusive Report by IMARC Group

PRESS RELEASE

Published April 12, 2023

The latest research study “Satellite Antenna Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group, finds that the global satellite antenna market size reached US$ 3.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.99% during 2023-2028.

A satellite antenna refers to a communication tool designed to transmit and receive information using microwave signals. It transforms electromagnetic (EM) energy into electrical power during reception and transmission. A satellite antenna contains an antenna structure, beam-forming network, and feed system and is extensively installed on airborne, maritime, land, and space-based platforms to communicate in wide-ranging frequencies, including very high frequency (VHF), ultra-high frequency (UHF), X band, and C band. In addition, it also aids in decreasing interference from undesired signals and concentrating the satellite transmitting power into a specified geographical region.

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Satellite Antenna Market Trends and Drivers:

The growing number of space exploration missions, the proliferation of small satellites, the increasing investments, and the escalating demand for satellite-aided warfare systems are primarily augmenting the satellite antenna market. Furthermore, the rising utilization of electronically steered phased antennas (ESPA), owing to the elevating requirement for communication on the move (COTM) solutions for commercial vehicles, trains, and boats, is also bolstering the market growth. Apart from this, the introduction of phased array antennas that provide high efficiency, low-drag, robust bird strike compliance, and equatorial or skew angle performance is positively influencing the global market. Moreover, the development of smart antennas that assist in minimizing signal fading, enhancing power control, and managing efficient cordless transmissions is further catalyzing the market growth. Besides this, the increasing application of satellites in remote sensing, earth observation, space analysis projects, weather forecast, climate monitoring, and deforestation is acting as another significant growth-inducing factor. Additionally, the escalating demand for wireless and mobile communications, the widespread adoption of reusable rocket technology and off-the-shelf CubeSats, and extensive research and development (R&D) activities toward satellite miniaturization for reducing launch cost are expected to drive the satellite antenna market in the coming years.

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Satellite Antenna Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Airbus SE, Ball Corporation
Cobham Limited
General Dynamics Mission Systems (General Dynamics Corporation)
Gilat Satellite Networks
Honeywell International Inc.
L3Harris Technologies
MDA Ltd.
Mitsubishi Electric Corporation
Norsat International Inc. (Hytera)
Thales Group and Viasat Inc.

Breakup by Frequency Band:

C Band
K/KU/KA Band
X Band

Breakup by Technology:

SOTM
SOTP

Breakup by Antenna Type:

Flat Panel Antenna
Parabolic Reflector Antenna
Horn Antenna

Breakup by Platform:

Land Fixed
Land Mobile
Airborne
Maritime
Space

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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