Satellite Communication Terminal Market is surging with CAGR of 6.5% from 2022 to 2028 | Top Countries Data
According to our latest market study, titled” Satellite Communication Terminal Market” portable satellite communication terminal, also known as a hotspot or satellite communicator, is one of the smallest 2-way SATCOM devices. Such satellite communication terminal uses an internal GPS chip for gathering location information. When the SEND option is selected, the location information is sent to a commercial monitoring agency via commercial satellites. The role of the commercial monitoring agency is to forward the information to the respective responding agency. Typically, the purchasers of portable satellite communication devices are involved in activities like mountain biking, hiking, boating, climbing, and flying. Small SATCOM terminals are also useful for individuals who have to work in remote areas, such as foresters, loggers, fishers, geologists, and wildlife staff.
Enhanced features such as breadcrumb tracking via Google Earth and sending preprogrammed messages are also offered via portable and small SATCOM terminals. Some of the latest devices that provide 2-way communication via satellite are Spot X, Germin InReach mini, Bivy stick blue, and Zoleo satellite communicator, among others.
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List Of TOP KEY PLAYERS in Satellite Communication Terminal Market Report are –
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. are among the key players profiled during the satellite communication terminal market study. In addition, several other important satellite communication terminal market players were studied and analyzed during the market research study to get a holistic view of the global satellite communication terminal market and its ecosystem.
Enhanced features such as breadcrumb tracking via Google Earth and sending preprogrammed messages are also offered via portable and small SATCOM terminals. Some of the latest devices that provide 2-way communication via satellite are Spot X, Germin InReach mini, Bivy stick blue, and Zoleo satellite communicator, among others. Iridium started its Global Maritime Distress and Safety System service (GMDSS) in 2020. The launch of new GMDSS terminals facilitates access to a fleet of vessels, which are needed by maritime law to maintain the L-band safety service. The demand for portable and small SATCOM terminals is forecasted to grow notably in the coming years due to enhanced utility.
The trend of customized satellite communication solutions for marine and military ground vehicle applications is increasing day by day. Many new SATCOM solutions help establish uninterrupted communication even when the ship or the military ground vehicle is moving. Satellite communication on the move (SOTM) allows respective defense forces to share data and voice communication effectively and efficiently when traveling in tactical vehicles at speeds of up to 80 mph (130 km/h). As per the location, size, and shape of the military ground vehicle or any ship, the requirement for customized satellite communication terminals is increasing nowadays.
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Satellite Communication Terminal Market : Segments
The satellite communication terminal market is segmented based on classification, application, and geography. Based on application, the global satellite communication terminal market is segmented into military use and civil use. Based on classification, the market is segmented into C Band, X Band, S Band, Ku Band, and Ka Band. In terms of geography, the satellite communication terminal market is primarily segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. The key companies operating in the satellite communication terminal industry include 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.
Due to the COVID-19 pandemic, lockdowns were implemented in many countries of the world, resulting in significant supply chain disruption. Satellite communication caters to various fields such as telecommunication, aerospace, television, radio, internet, aviation, media & entertainment, and weather forecasting. Until the COVID-19 outbreak, fields such as aviation, aerospace, and defense were witnessing notable growth. However, the outbreak led to the decline in the production of satellite communication terminals for the mentioned fields. Due to national and international travel bans, the movement of people was restricted. This impacted the aviation industry drastically. The decline in flight operations negatively affected the demand for aviation satellite communication terminals in 2020. However, other domains such as media & entertainment, weather forecasting, and telecommunication saw a considerable requirement for satellite communication terminals.
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With tables and figures, helping analyze worldwide Global Satellite Communication Terminal Market Forecast provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the Market.
Major Table Of Contents:
- Key Takeaways
- Research Methodology
- Market Landscape
- Key Market Dynamics
- Satellite Communication Terminal Market – Global Market Analysis
- Global Satellite Communication Terminal Market Analysis – By Technology
- Global Satellite Communication Terminal Market Analysis – By End User
- Satellite Communication Terminal Market – Geographic Analysis
- Industry Landscape
- Company Profiles
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Published Thu, 18 Aug 2022 21:54:17 -0500