CPI International Inc. was awarded an order by Eutelsat totaling more than USD 25 million to support a next-generation very high throughput satellite (VHTS) system.
ND SATCOM unveiled the SKYWAN 5G Release 2.0 which is claimed to redefine customers’ possibilities by powering the next level of immersive VSAT experiences.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 4006
Published Date: Apr 27, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the market growth are the increasing number of satellite launches in recent years and the growing demand for enhanced data communication across the world.
The market size of SATCOM transceivers is anticipated to attain a CAGR of 9% over the forecast period, i.e., 2023-2035.
High development and maintenance costs of infrastructures to support SATCOM devices along with less awareness about the advantages are estimated to be the growth hindering factors for the market expansion.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
The major players in the market are AnaCom, Inc., ACORDE Technologies S.A., Advantech Wireless Technologies, Inc., Comtech EF Data Corporation, ND SatCom GmbH, CPI International Inc., REMEC Broadband Wireless Networks LLC, Arralis Ltd., Amplus Communication, ViaLite Communications, and other key players.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by component, application, frequency band, industry, end user, and by region.
The government segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.