Satellite Antenna Market Future Challenges and Industry Growth Outlook 2028
Stratview Research delivers key insights on the global Satellite Antenna Market.
The report also covers the Covid
impact on the market. Covid-19 has impacted the market dynamics, competition,
and global supply chain. The revenues have gone down in 2021 and an uptrend is
witnessed from 2022.
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report here:
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Market Insights
The Satellite
Antenna Market was accounted for US$ 730.4 Mn in terms of value in 2021
and is expected to grow at CAGR of 9.0% for the period 2022-2028.
Profiling Key Companies –
Airbus Defence and Space,
Cobham PLC,
Elite Antennas Ltd.,
General Dynamics Corporation,
Gilat Satellite Networks,
Harris Corporation,
Honeywell International Inc.,
Macdonald,
Dettwiler and Associates Ltd.,
Mitsubishi Electric Corporation,
Space Star Aerospace Technology Applications Co. Ltd.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Satellite
Antenna Market value and growth drivers over the trend period of 2022-27.
According to the report -
Satellite antenna market is likely to witness an impressive
CAGR of 9.1% during the forecast period. Rising demand for hosted payloads,
satellite miniaturization, and reducing costs of satellites are the factors
that are expected to bolster the growth of the global satellite antenna market.
Segment Analysis:
Based on Antenna Type:
Based on the antenna type, the market is segmented as
parabolic reflector antenna, flat panel antenna, fiberglass reinforced plastic
antenna, horn antenna, iron antenna with mold stamping, and others. The flat
panel antenna (FPA) segment is estimated to register the highest growth during
the forecast period. Rising number of airlines adopting in-flight connectivity,
flourishing luxury boats/cruise markets, established land mobile government
sector, and various mobile applications are anticipated to stimulate the growth
of the FPA’s segment globally.
Based on Region:
In terms of regions, the Asia-Pacific satellite antenna
market is expected to register the highest growth during the forecast period,
driven by the increasing use of satellite antennas in automobiles in the region.
With the recent space exploration missions by space agencies in the
Asia-Pacific region, such as Indian Space and Research Organization (ISRO) and
China National Space Administration (CNSA), the satellite antenna market has
witnessed substantial growth. North America and Europe are also expected to
offer sizeable growth opportunities in the coming five years.
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Covid Impact
This informative research report also
includes the most recent global events concerning the coronavirus pandemic. The
report provides a detailed analysis of the pandemic's impact and the industry's
economic scenario. The report consists of tables, graphs, charts, figures, and
diagrams, that are used to graphically represent important statistical
information.
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Appropriate market trend and forecast analysis.
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All-inclusive report
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Decent price-performance ratio
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Reliable data
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Attractive market segments and associated
growth opportunities.
Custom Research:
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research services across the sectors. In case of any custom research
requirement related to market assessment, competitive benchmarking, sourcing
and procurement, target screening, and others, please connect with our experts
at +1-313-307-4176.
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