(MENAFN- EIN Presswire) SATCOM Equipment Market
Space agencies has been spending more in space programs to achieve breakthrough in advance technologies.
OREGAON, PORTLAND, UNITED STATES , May 4, 2023 /einpresswire.com / -- Allied market Research published a new report, titled, " SATCOM Equipment Market by Satellite Type (Large Satellite (and2500 KG), Medium Satellite (501 - 2500 KG), Small Satellite (1 - 500 KG), CubeSat (0.27 - 27 Cubic Unit of 103 cm)), by Component (Amplifiers, Transceivers, Space Antennas, Transponders, Others), by Application (Navigation, Scientific Research, Communication, Remote Sensing, Others) and by End Use (Commercial, Government Military): Global Opportunity Analysis and Industry Forecast, 2023-2032 "
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The global satellite communication (SATCOM) equipment market for space is making a substantial progress due to increasing launch of satellites in recent years. SATCOM equipment comprises electronic devices that enable communication with satellites in earth's orbit or space, such as amplifiers, space antennas, and transceivers. Space SATCOM equipment is the backbone of space agencies and commercial space companies, as SATCOM takes care of the information & communication infrastructure of space industry. Moreover, SATCOM is used for various other application such as direct-to-home television broadcasting, telecommunication, digital satellite news gathering (DSNG), weather tracking, and others.
Key Benefits from SATCOM Equipment Market Report 2023-2032 :
●This study presents the analytical depiction of the global SATCOM equipment industry for space along with the current trends and future estimations to determine the imminent investment pockets.
●The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global SATCOM equipment market for space share.
●The current market is quantitatively analyzed to highlight the global SATCOM equipment market for space growth scenario.
●Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.
●The report provides a detailed global SATCOM equipment market for space analysis based on competitive intensity and how the competition will take shape in coming years.
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The key players profiled in this report include - Oxford Space Systems, Honeywell International Inc., ISIS – Innovative Solutions in Space B.V., General Dynamics Corporation, Airbus SE, Mitsubishi Electric Corporation, Harris Corporation, Antwerp Space, Ball Aerospace & Technologies Corporation, Maxar Technologies
Space agencies has been spending more in space programs to achieve breakthrough in advance technologies. For instance, in 2019, Estonian space agency finished the development and construction of a CubeSat (103 cm cubic miniature satellite, known as ESTCube-2) to test plasma braking (satellite deorbiting technology), electric rail propulsion (propulsion system utilizing dynamic thrust of solar winds), and a classified high-speed communication sub-system. Launch of this satellite is due in 2021, moreover the whole project is expected to cost approx. 550,000 USD. Such expenditure on pursuance of advanced technologies in space industry will drive the global space SATCOM equipment market for space.
Surge in satellite dispatch for applications such as remote sensing and earth observation, demand for enriched data communication, and rise in expenditure on space programs are the factors that drive the global SATCOM equipment market for space. However, government regulations on space equipment & satellite launches hinder the market growth. Contrarily, demand for 5G high-speed internet, global connectivity, optical communications, 3-D printing, and cloud-based platforms present new pathways in the industry.
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Region wise competitive landscape for SATCOM Equipment Market is also available in the report. The regions in the study involves North America (U.S., Canada, Mexico), Europe (France, Germany, UK, Russia, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), LAMEA (Latin America, MIddle East, Africa).
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David Correa
Allied Analytics LLP
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