Aviation News
Press release distribution service
Home > Aviation News & Resources
Aviation Industry
  • Aviation News
  • Business Aviation
  • Commercial Aviation
  • Defense
  • Submit News

    Watch Aviation News

  • Airbus News
  • Airlines News
  • Airport News
  • Aviation News
  • Boeing News

  • SATCOM equipment market for space | Revenue, Share and Forecast To 2025

     



    (Aviation-NewsWire.Com, July 24, 2019 ) [143 Pages Report] The SATCOM equipment market for space is projected to grow from USD 2.8 billion in 2019 to USD 7.0 billion by 2025, at a CAGR of 16.8% from 2019 to 2025. One of the major factors expected to fuel the market growth includes the increasing launch of satellites for a variety of applications, such as navigation, communication, Earth observation, and remote sensing.



    Download Sample Report



    https://www.marketsandmarkets.com/requestsampleNew.asp?id=177487346



    By satellite type, the CubeSat (0.25U–27U) segment is projected to grow at the highest CAGR during the forecast period.



    By satellite type, the CubeSat (0.25U—27U) segment of the SATCOM equipment market for space is projected to grow at the highest CAGR from 2019 to 2025. CubeSats are used for a variety of applications, including testing new technologies for space missions. A majority of the CubeSats launched is used for Earth observation and remote sensing applications. A rise in the demand for Earth observation applications is expected to drive the growth of the CubeSat (0.25U–27U) segment during the forecast period.

    By end user, the commercial segment is expected to lead the market from 2019 to 2025.



    Based on end user, the SATCOM equipment market for space has been segmented into commercial, government & military, and commercial, government, & military. The commercial segment is expected to lead the market due to the increasing launch of satellites for communication, Earth observation, and navigation.

    By application, the Earth observation & remote sensing segment is projected to grow at the highest CAGR from 2019 to 2025.



    Based on application, the SATCOM equipment market for space has been segmented into Earth observation & remote sensing, communication, scientific research & exploration, navigation, and others. The Earth observation & remote sensing segment is projected to grow at the highest CAGR during the forecast period. There is an increase in demand for Earth observation, global connectivity, navigation, and communication, among others. This demand is expected to have a significant impact on the market for SATCOM equipment for space.



    By region, the market in North America is projected to grow at the highest CAGR from 2019 to 2025.



    Press Release



    https://www.marketsandmarkets.com/PressReleases/space-satcom-equipment.asp



    By region, the SATCOM equipment market for space in North America is projected to grow at the highest CAGR during the forecast period due to the increasing launch of satellites in the region for communications, scientific research & development, and Earth observation. Private companies such as OneWeb (US), SpaceX (US), and Amazon (US) are heavily invested in the launch of small satellites into Low Earth Orbit for communications. According to an article published by Via Satellite in November 2018, SpaceX has received approval from the Federal Communications Commission (FCC) to launch over 7,000 satellites for its Starlink constellation. Such launches are driving the SATCOM equipment market for space in North America.

    Key Market Players



    The major players in the SATCOM equipment market for space include Airbus SE (Netherlands), Maxar Technologies (US), Mitsubishi Electric Corporation (Japan), General Dynamics Corporation (US), Honeywell International Inc. (US), Harris Corporation (US), ISIS - Innovative Solutions in Space B.V. (Netherlands), and Oxford Space Systems (UK). These players have adopted various growth strategies, such as contracts, acquisitions, expansions, new product launches, and partnerships & agreements, to further expand their presence in the market.



    Know More about Report



    https://www.marketsandmarkets.com/Market-Reports/space-satcom-equipment-market-177487346.html



    Browse Related Report

    MarketsandMarkets™

    Mr. Shelly Singh

    1-888-600-6441

    sales@marketsandmarkets.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Aviation News & Resources

    Aviation Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Governing
    Point of Beginning
    Overall Labor Effectiveness (OLE) Achieving a Highly Effective Workforce

    No credit cards, coupons, or promo codes required. Try it today!

    Press release service

    Aviation-Newswire.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    Aviation-NewsWire.Com - Newswire and Press Release service of GroupWeb Media LLC