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How are market drivers shaping the future growth trajectory of the satcom transceivers industry?
The growing number of satellite launches is expected to propel the growth of the SATCOM transceivers market going forward. Satellite launches refer to sending satellites into space using a launch vehicle or rocket to place them into orbit around Earth or to travel to other celestial bodies. Satellite launches are increasing due to government funding, low costs, rapid development cycles, and versatility. A SATCOM transceiver enables real-time satellite and ground control communication, facilitating command and control, data transmission, and monitoring of the satellite’s health and status. For instance, in September 2022, according to the U.S. Government Accountability Office, a U.S.-based government agency, nearly 5,500 satellites were in orbit in 2022, with an estimated 58,000 more to be launched by 2030. Therefore, the growing number of satellite launches is driving the growth of the SATCOM transceivers market.
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What is the estimated market size of the satcom transceivers sector by 2029, based on current forecasts?
The SATCOM transceivers market size has grown strongly in recent years. It will grow from $33.12 billion in 2024 to $36.2 billion in 2025 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to expanding use in defense and military applications, increasing adoption in commercial aviation, growth of the commercial space industry, increasing demand for remote sensing applications, rising integration of the internet of things (IoT).
The SATCOM transceivers market size is expected to see strong growth in the next few years. It will grow to $51.78 billion in 2029 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to increasing demand for real-time data transfer, rise of unmanned aerial vehicles (UAVs) and autonomous systems, growing number of satellite launches, growing demand for in-flight connectivity, growing demand for high-throughput satellites (HTS). Major trends in the forecast period include technological innovation in SATCOM transceivers, advancements in satellite technology, advancements in RF and microwave technologies, development of software-defined radios (SDR) technology, use of artificial intelligence (AI).
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#Who are the top players in the satcom transceivers market?
Major companies operating in the SATCOM transceivers market are Hitachi Ltd., The Boeing Company, Airbus SE, Northrop Grumman Corporation, Mitsubishi Electric Corporation, Honeywell International Inc., Fujitsu Limited, NEC Corporation, Thales Group, L3Harris Technologies Inc., Kyocera Corporation, Viasat Inc., Cobham Limited, Rohde & Schwarz GmbH & Co. KG, SES S.A., Intelsat Ltd., Iridium Communications Inc., KVH Industries Inc., Comtech EF Data Corporation, AnaCom Inc., Intellian Technologies Inc., Advantech Wireless Technologies Inc., Skyware Technologies Limited, ACORDE TECHNOLOGIES S.A., Amplus Communication Pte. Ltd., ViaLite Communications LLC, Arralis Ltd.
#What are the major trends in the satcom transceivers market?
Major companies operating in the SATCOM transceivers market are focused on developing innovative technologies such as very-small-aperture terminals (VSAT) to increase their profitability in the market. A very small aperture terminal (VSAT) provides reliable point-to-point data, voice, or video communication links in SATCOM transceivers, allowing for global communication and connectivity and enabling access to data and information from various locations worldwide. For instance, in August 2022, Cobham Ltd., a UK-based aerospace company, launched the SAILOR 1000 XTR Ka and SAILOR 600 XTR Ka antennas, part of the innovative SAILOR XTR series, to enhance broadband access via the THOR 7 satellite, boasting features such as advanced VSAT, dual-polarization, and wide-band Ka capabilities. These antennas promise seamless tech integration, easy setup, and superior performance, aiming to improve safety, reduce costs, and minimize environmental impact through reliable data connectivity on Telenor Satellite’s European network.
Which geography holds the highest satcom transceivers market share?
North America was the largest region in the SATCOM transceivers market in 2024. The regions covered in the satcom transceivers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the satcom transceivers market?
The SATCOM transceivers market covered in this report is segmented –
1) By Component: Navigation, Scientific Research, Communication, Remote Sensing, Other Components
2) By Frequency Band: K Band, C Band, X Band, Ku Band, Other Frequency Band
3) By Application: Air Traffic Control, Satellite Communication, Direct To Home, X-Ray, Electronic Countermeasure (ECM), Food Processing, Material Processing, Other Applications
Subsegments:
1) By Navigation: Global Positioning Systems (GPS), Satellite-Based Augmentation Systems (SBAS), Differential GPS (DGPS)
2) By Scientific Research: Earth Observation Satellites, Atmospheric Research, Space Science Missions
3) By Communication: Commercial Communication Satellites, Military Communication Satellites, Broadband Satellite Services
4) By Remote Sensing: Earth Imaging Satellites, Weather Satellites, Surveillance Satellites
5) By Other Components: Antennas, Modems, Signal Processors
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What defines the structure and scope of the satcom transceivers market?
SATCOM transceivers are devices that transmit and receive voice and data communications through satellites. They enable long-distance communication for various applications, including maritime, aviation, military, and emergency services, to facilitate global connectivity, even in remote or challenging environments.
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