Global Satellite Communication Terminal Market is Estimated to Surpass US$ 6,030.7 Million by 2028

 Rising Adoption of Portable and Small SATCOM Terminals to Provide Growth Opportunities for Satellite Communication Terminal Market During 2021–2028

 

According to our latest market study on “Satellite Communication Terminal Market Forecast to 2028 - COVID-19 Impact and Global Analysis – by Classification and Application,” the market was valued at US$ 3,877.1 million in 2021 and is projected to reach US$ 6,030.7 million by 2028; it is expected to grow at a CAGR of 6.5% from 2021 to 2028.

 

A portable satellite communication terminal, also known as a hotspot or satellite communicator, is one of the smallest 2-way SATCOM devices. Such satellite communication terminal uses an internal GPS chip for gathering location information. When the SEND option is selected, the location information is sent to a commercial monitoring agency via commercial satellites. The role of the commercial monitoring agency is to forward the information to the respective responding agency. Typically, the purchasers of portable satellite communication devices are involved in activities like mountain biking, hiking, boating, climbing, and flying. Small SATCOM terminals are also useful for individuals who have to work in remote areas, such as foresters, loggers, fishers, geologists, and wildlife staff.

Enhanced features such as breadcrumb tracking via Google Earth and sending preprogrammed messages are also offered via portable and small SATCOM terminals. Some of the latest devices that provide 2-way communication via satellite are Spot X, Germin InReach mini, Bivy stick blue, and Zoleo satellite communicator, among others. Iridium started its Global Maritime Distress and Safety System service (GMDSS) in 2020. The launch of new GMDSS terminals facilitates access to a fleet of vessels, which are needed by maritime law to maintain the L-band safety service. The demand for portable and small SATCOM terminals is forecasted to grow notably in the coming years due to enhanced utility.

 

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The trend of customized satellite communication solutions for marine and military ground vehicle applications is increasing day by day. Many new SATCOM solutions help establish uninterrupted communication even when the ship or the military ground vehicle is moving. Satellite communication on the move (SOTM) allows respective defense forces to share data and voice communication effectively and efficiently when traveling in tactical vehicles at speeds of up to 80 mph (130 km/h). As per the location, size, and shape of the military ground vehicle or any ship, the requirement for customized satellite communication terminals is increasing nowadays.

Russian military’s anti-terrorist operations against Ukrainian armed forces consist of the jamming of ultra-high frequency (UHF), very high frequency (VHF), and GSM signals along with complete network suppression in a few areas of eastern Ukraine. Such developments have prompted various armed forces of the world, including the US Department of Defense (DoD), to look for alternative satellite communication systems in a tactical environment. Lepton Global provides customized satellite communications plans for each end user as per distinct requirements with respect to design, engineering, very small aperture terminal (VSAT) system, installation, technical support, and network services. IDS Ingegneria Dei Sistemi S.p.A. offers reliable communication in various SOTM operational conditions. The company’s innovative satellite terminal design can be customized as per the specific naval, aeronautical, and terrain antenna requirements.

 

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Impact of COVID-19 Pandemic on Satellite communication terminal Market

 

North America is one of the most significant regions with respect to the adoption and growth of new technologies, owing to favorable government policies to boost innovation. The COVID-19 pandemic impacted certain industries like leisure, travel, and tourism. Aviation, media & entertainment, and telecommunication are significant fields that contribute majorly toward the satellite communication terminal market growth in North America. In April 2020, Nielsen, a US rating agency, estimated that “staying in the home” can lead to a remarkable 60% increase in the amount of content watched. Since many people had to stay at home in the US, Canada, and Mexico, the amount of viewed online and entertainment content went up drastically. The COVID-19 pandemic resulted in the postponement of the expansion project of Austin-Bergstrom Airport in the US, which negatively impacted the satellite communication terminal market growth. Also, since non-essential activities were prohibited, the demand for small and portable SATCOM terminals from foresters, loggers, and geologists reduced to a remarkable extent. Restrictions like a limited workforce impacted the market from the supply side. However, with increasing vaccination drives, the production of satellite communication terminals is coming back to normalcy.

 

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Airbus; AVL Technologies; Collins Aerospace; General Dynamics Mission Systems, Inc.; Honeywell International Inc.; L3Harris Technologies, Inc.; NEC Corporation; ST ENGINEERING; Thales Group; and Viasat, Inc. are among the key players profiled during the satellite communication terminal market study. In addition, several other important satellite communication terminal market players were studied and analyzed during the market research study to get a holistic view of the global satellite communication terminal market and its ecosystem.

 

The satellite communication terminal market is segmented based on classification, application, and geography. Based on classification, the market is segmented into C band, X band, S band, Ku band, and Ka band. Based on application, the market is segmented into military use and civil use. In terms of region, the satellite communication terminal market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

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