SATCOM Equipment Market Size, Growth | 2021 Covid-19 Impact on Healthcare Sector, Share, Business, Regional Analysis, Competitive Landscape with Global Forecast To 2030

In a recent published report, Kenneth Research has updated the market report for SATCOM Equipment Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for SATCOM Equipment Market products.

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Moreover, the median health expenditure per capita recorded in the high-income, upper-middle income, and low & lower-middle income countries, recorded to be over USD 2,000, USD 400, and USD 100 respectively. Additionally, in the same year, the spending on health in high-income countries and in the low- and middle-income countries comprised approximately 8.2% and 6.3% of the GDP respectively.

Global SATCOM Equipment Market is estimated to reach $39.61 billion by 2025; growing at a CAGR of 8.6% from 2017 to 2025. Satellite communications equipment are used for the transmission, conditioning, & reception of satellite signals in global telecommunications. Satellite communications equipment varies in terms of there performance with frequency, output power, operating voltage, gain, return loss, operating temperature, & operating humidity. Various types of satellite communications equipment used are modem/router, receiver, transmitter/transponder, transceiver, antenna, and other SATCOM products. With increasing need for the nonstop communication in several industries, and growth in demand for customized SATCOM solutions in the aviation industry, it is expected that the SATCOM equipment market is going to register high growth over the forecasted period.

High use of SATCOM equipment in telecommunication, space exploration, and telemetry is the driving factor for the growth of the market. Other factors impacting the growth of the market are growing requirement for high throughput satellite services, growing demand for customized satcom solutions in the aviation industry, and increasing requirement of continuous communication in several industries. Huge development & maintenance cost of earth station infrastructures to support SATCOM devices adversely affect the SATCOM market growth. Also, growing usage of cloud-based services for ground mobility platform would create new opportunities for players in this market.

The SATCOM equipment market has been categorized on the basis of product, technology, vertical, end-use, and geography. Product includes SATCOM modem/router, SATCOM receiver, SATCOM transmitter/transponder, SATCOM transceiver, SATCOM antenna, and other SATCOM products. By technology, market is categorized into SATCOM telemetry, SATCOM VSAT, SATCOM AIS, SATCOM-on-the-move, and SATCOM-on-the-pause. Further, vertical includes government & defense, and commercial. End-Use comprises land mobile SATCOM equipment, portable SATCOM equipment, maritime SATCOM equipment, airborne SATCOM equipment, and land fixed SATCOM equipment.

Global SATCOM equipment market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe segment consist of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

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The key players operating in the market are L3 Technologies, Inc., General Dynamics Corporation, Harris Corporation, Cobham Plc, Viasat, Inc., Gilat Satellite Networks, Campbell Scientific, Inc., Hughes Network Systems LLC, Aselsan A. S., and Communications & Power Industries LLC, among others.

The key takeaways from the report
The report will provide detailed analysis of Global SATCOM Equipment Market with respect to major segments such as product, technology, vertical, and end-use

The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025

Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global SATCOM Equipment Market has been included in the report

Profile of the key players in the Global SATCOM Equipment Market will be provided, which include key financials, product & Synthetic Platelets, new developments and business strategies
Scope of the Global SATCOM Equipment Market
Product Segments

SATCOM Modem/Router
SATCOM Receiver
SATCOM Transmitter/Transponder
SATCOM Transceiver
SATCOM Antenna
Other SATCOM Products
Technology Segments

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SATCOM Telemetry
SATCOM VSAT
SATCOM AIS
SATCOM-on-the-Move
SATCOM-on-the-Pause
Vertical Segments

Government & Defense
Commercial
End-Use Segments

Land Mobile SATCOM Equipment
Portable SATCOM Equipment
Maritime SATCOM Equipment
Airborne SATCOM Equipment
Land Fixed SATCOM Equipment
Geographical Segments

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North America
U.S.
Canada
Mexico
Europe
UK
Russia
Germany
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of Asia-Pacific
RoW
South America
Middle East
Africa

Table of Contents
Chapter 1 Prefix
1.1 Market Scope
1.2 Report Description
1.3 Research Methodology
1.3.1 Primary Research
1.3.2 Secondary Research
1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
2.1 Global SATCOM Equipment Market Year-on-Year Growth, 2017 – 2025 (%)
Chapter 3 Market Outline
3.1 Market Inclination, Trend, Outlook and Viewpoint
3.2 Market Share Analysis: Company’s Competitive Scenario
3.3 Market Dynamics
3.3.1 Drivers
3.3.1.1 Impact Analysis
3.3.2 Restraints
3.3.2.1 Impact Analysis
3.3.3 Opportunities

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