
North America Satellite Communication Terminal Market
No. of Pages: 144 | Report Code: TIPRE00028679 | Category: Electronics and Semiconductor
No. of Pages: 144 | Report Code: TIPRE00028679 | Category: Electronics and Semiconductor
The requirement for satellite communication terminals is increasing in the defense sector in various countries across the region. One of the main reasons for the growing demand is the rising military spending of numerous nations. The demand for phased array antenna systems is increasing in high-speed data communication in aircraft and respective maritime and airborne applications. In January 2021, the Thales Group received an order of AN/PRC-148D improved multiband inter/intra team radios from the US Army. The count of Multiband Inter/Intra Team Radio (MBITR) radio orders is expected to be more than 6,000.
In December 2021, Florida-based Tampa Microwave got a US$ 62.1 million contract from the US Special Operations Command to provide Satellite Deployable Node-Lite (SDN-L) terminals, spares, and ancillary equipment. The SDN-Lite can operate in Ku-, Ka-, and X- frequency bands in support of other SDN family variants, which consist of the SOF Deployable Node-Heavy and SND-Medium terminals. Similarly, in January 2023, Get SAT announced that along with R4 Integration, the US Government agency had awarded them a multi-million-dollar contract to provide satellite communication for C-130 airplanes. Under this contract, the agency selected Get SAT’s Milli SAT EX Ka-band terminal, which is a compact all-in-one communications-on-the-move (COTM) Ka-band solution. This satellite terminal is designed to meet mission-critical requirements of C-130 airborne applications without requiring any modifications to the aircraft. The terminal offers an optimized for voice, video, and data transmission and provides high bandwidth data throughput exceeding 30 Mbps with HTS satellites. Thus, the rising demand for defense satellite communication solutions drives the requirement for various satellite communication terminals.
The North America satellite communication terminal market is segmented into the US, Canada, and Mexico. North America is the most technologically advanced region, owing to high gross domestic product (GDP), positive outlook toward adoption of advanced technologies, high GDP per capita, favorable economic policies, high standard of living, and presence of a robust technology ecosystem. North America has a high emphasis on the defense sector as the governments spend significant amounts on the military, navy, and air force. Various domains such as telecommunication, media & entertainment, transportation & logistics, business & enterprise, scientific research & development, aviation, aerospace, defense, and retail & consumer drive the satellite communication terminal market in the region. As a part of the Commercial Broadband Satellite Program (CBSP), in August 2021, the US Navy has awarded a contract for 16 satellite communication terminals to L3Harris Technologies, Inc. This contract is said to be worth US$ 18 million and is expected to provide access to commercial broadband communications during maritime operations. CBSP ULV offers terminal-to-space, terminal-to-shore, and terrestrial connectivity in order to increase the throughput for commercial satellite communication. The CBSP program also consists of two US Navy contracts for distinct types of terminals, one for Unit-Level Variants (ULV) and another for Force-Level Variants (FLV). Thus, the rising demand for satellite communication in the region will further fuel the growth of the satellite communication terminal market.
Strategic insights for the North America Satellite Communication Terminal provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the North America Satellite Communication Terminal refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.North America Satellite Communication Terminal Strategic Insights
North America Satellite Communication Terminal Report Scope
Report Attribute
Details
Market size in 2023
US$ 1,612.61 Million
Market Size by 2028
US$ 2,214.65 Million
Global CAGR (2023 - 2028)
6.6%
Historical Data
2021-2022
Forecast period
2024-2028
Segments Covered
By Classification
By Application
By Satellite Type
Regions and Countries Covered
North America
Market leaders and key company profiles
North America Satellite Communication Terminal Regional Insights
North America Satellite Communication Terminal Market Segmentation
The North America satellite communication terminal market is segmented into classification, application, satellite type, and country.
Based on classification, the market is sub segmented into C band, X band, S band, Ku band, and Ka band. The X band segment registered the largest market share in 2023.
Based on application, the market is segmented into military use and civil use. The military use segment held a larger market share in 2023.
Based on satellite type, the market is segmented into GEO, MEO, and LEO. The GEO segment held the largest market share in 2023.
Based on country, the market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2023.
Airbus SE; AVL Technologies; Collins Aerospace; General Dynamics Mission Systems Inc; Gilat Satellite Networks Ltd.; Honeywell International Inc; L3Harries Technologies Inc; NEC Corp; Singapore Technologies Engineering Ltd; Thales SA; and Viasat Inc are the leading companies operating in the satellite communication terminal market in the region.
The North America Satellite Communication Terminal Market is valued at US$ 1,612.61 Million in 2023, it is projected to reach US$ 2,214.65 Million by 2028.
As per our report North America Satellite Communication Terminal Market, the market size is valued at US$ 1,612.61 Million in 2023, projecting it to reach US$ 2,214.65 Million by 2028. This translates to a CAGR of approximately 6.6% during the forecast period.
The North America Satellite Communication Terminal Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Satellite Communication Terminal Market report:
The North America Satellite Communication Terminal Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Satellite Communication Terminal Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Satellite Communication Terminal Market value chain can benefit from the information contained in a comprehensive market report.