Jersey City, New Jersey, Aug. 24, 2022 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Satellite Antenna Market” By Frequency Band (C Band, K/KU/KA Band, and X Band), By Antenna Type (Flat Panel Antenna, Parabolic Reflector Antenna, and Horn Antenna), By Application (Space, Land, Maritime, and Airborne), and By Geography. According to Verified Market Research, the Satellite Antenna Market size was valued at USD 3.9 Billion in 2022 and is projected to reach USD 27.8 Billion by 2030, growing at a CAGR of 24.1% from 2023 to 2030.
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Browse in-depth TOC on “Satellite Antenna Market”
202 - Pages
126 – Tables
37 – Figures
Global Satellite Antenna Market Overview
One of the key factors driving the growth of the Satellite Antenna Market is the expansion of the space sector. The market is expanding as a result of an increase in space exploration missions, cost-effective satellite launch operations, increased demand for satellite-assisted combat, and enhanced small satellite deployment. Additionally, the telecommunications industry’s development and demand for satellite antennas have been accelerating due to the growing demand for wireless and mobile communication.
The purpose of a satellite antenna is to receive or transmit data via radio waves to or from a communication device. During transmission, antennas transform electrical energy into EM energy, and during the reception, the reverse is true. Satellite antennas have become an essential part of the telecommunications and space industries because of wireless communication. The use of satellite components and antennas for numerous applications, including climate, weather forecasting, and deforestation, as well as increasing digitalization initiatives, are also contributing to the growth of the Satellite Antenna Market.
Key Players
The major players in the market are Honeywell International Inc., General Dynamics Corporation, Airbus Defence and Space, MacDonald, Mitsubishi Electric Corporation, Inmarsat Global Limited, Harris Corporation, Viasat Inc, Dettwiler and Associates Ltd, and Cobham Plc.
Verified Market Research has segmented the Global Satellite Antenna Market On the basis of Frequency Band, Antenna Type, Application, and Geography.
- Satellite Antenna Market, By Frequency Band
- C Band
- K/KU/KA Band
- X Band
- Satellite Antenna Market, By Antenna Type
- Flat Panel Antenna
- Parabolic Reflector Antenna
- Horn Antenna
- Satellite Antenna Market, By Application
- Space
- Land
- Maritime
- Airborne
- Satellite Antenna Market, By Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
- North America
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