Satellite antenna market opportunity analysis & industry forecast from 2021-2030. The global market is segmented by frequency band, application & region.
PORTLAND, ORAGON, UNITED STATES, November 8, 2021 /EINPresswire.com/ — A satellite antenna is a telecommunication device that receives microwave signals. It is often used for transmitting and broadcasting. It transforms microwave signals to electric signals that can be used by computers, television, or other devices. Technological developments in the field of satellite antennas, which have enhanced transmission capacity and reduced the cost of launching satellite for commercial and military applications, are fueling the growth in the satellite antenna market. Satellite Antenna is known to be an orbiting device that relays signals among different communication stations. The two types of communication satellites between which such communication occurs are active communications and passive communications.
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The North American region is expected to dominate the market studied, during the forecast period, due to the highest number of investments and researches in the market, the presence of sophisticated infrastructure to undertake several space programs, and has witnessed the earliest and highest adoption of commercial satellite imaging across various industries in the region. Furthermore, to this, the constant space mission keeps the satellite solution providers extremely occupied in the region. For instance, the U.S. recently launched the fifth advanced extremely high-frequency spacecraft (AEHF-5), a secure military communications satellite that will offer jam-proof communications, including real-time video, between the U.S. national leadership and deployed military forces.
The key players analyzed in the report include 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.
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COVID-19 Impact Analysis
The COVID impact on the satellite antenna market is unpredictable and it is expected to last throughout the second quarter of 2021. To limit the growth of the COVID-19 outbreak forced governments across the globe to implement strict lockdowns and made social distancing mandatory. Consequently, several organizations began work from home programs as safety measures. This resulted in the sudden increase in demand for internet service, which in turn promotes a rise in demand for satellite antennas across the globally. During the outbreak, satellite imaging and analytics companies would see an increase in demand in remote monitoring of sites that have become more difficult to access due to travel restrictions. Industry participants see short-term disruption in satellite development and its services during the outbreak, which may create new opportunities for the adoption of the satellite antenna market. Furthermore, the nationwide lockdown forced the satellite manufacturing facilities to partially or completely shut their operations. The adverse impacts of the COVID-19 pandemic have resulted in delays in the activities and initiatives regarding the development of innovative satellite antenna market.
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Top Impacting Factors
Surge in satellite aided-warfare systems, rise in demand of small satellites, rise in demand for military & defense satellite communication solutions, and surge in demand in maritime application drive the growth of the market.
Radio spectrum availability hinder the growth of the market.
Rise in demand of satellite navigation equipment, off-the-shelf CubeSats, and reusable rocket technology act as an opportunity for the market investments.
Key Benefits of the Report:
This study presents the analytical depiction of the satellite antenna market 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 challenges of the satellite antenna market.
The current market is quantitatively analyzed from 2020 to 2030 to highlight the growth scenario of the satellite antenna market.
The report provides a detailed satellite antenna market analysis based on competitive intensity and the competition that will take shape in coming years.
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Questions Answered in the Satellite Antenna Market Research Report:
Who are the leading market players active in the satellite antenna market?
What is the detailed impact of COVID-19 on the market?
What are the current trends that would influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the satellite antenna market?
What are the future projections that would help in taking further strategic steps?
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Source: EIN Presswire