The report "Satellite Antenna
Market by Antenna Type
(Parabolic Reflector, Flat Panel, FRP, Horn, Iron), Component (Reflector, Feed
Horn, Feed Networks), Platform (Land, Space, Maritime, Airborne), Frequency
Bands (K/KA/KU, C, X), & Region - Global Forecast to 2022", The satellite antenna market is estimated to
be valued at USD 2.05 Billion in 2017 and is projected to reach USD 2.99
Billion by 2022, at a CAGR of 7.85% during the forecast period.
Browse 80 Market Data Tables and 42 Figures
spread through 166 Pages and in-depth TOC on "Satellite Antenna Market - Global Forecast
to 2022"
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The growth of this market is driven by the demand for advanced,
energy-efficient, and lightweight antennas, which offer enhanced life span,
functionalities, and reliability in a cost-effective way.
The parabolic reflector antenna segment is
expected to lead the satellite antenna market during the forecast period.
The parabolic reflector antenna segment is estimated to hold the
largest share of the satellite antenna market in 2017 and is also expected to
be the largest segment throughout the forecast period. However, the flat panel
antenna segment is projected to grow at the highest CAGR during the forecast
period due to the rise in use of small satellites for navigational purposes as
well as for surveillance by defense authorities worldwide. There has been an
increase in research and development activities for satellites in the US as
well as in emerging economies, such as India and China, over the past few
years, which is pushing the growth of parabolic reflector antenna segment
worldwide.
The land segment is expected to dominate the satellite
antenna market during the forecast period.
Satellite systems are now a vital part of the global ecosystem and
continue to play a major role in daily lives of people across the world.
Satellite systems are used in a wide array of applications, such as
telecommunications, weather monitoring, TV broadcasting services, military, and
navigation, among others. This has resulted in the increasing demand for
satellite antennas to cater such applications. Based on platform, the
land-based satellite antennas segment is expected to dominate the satellite
antenna market. Land-based satellite antennas are widely used to obtain
real-time information during warfare. Detection of objects, tracking, and
reporting functions are performed by military satellite antennas. Furthermore,
land-based systems can effectively locate unexploded ordinance and tunnels.
Movement near exterior walls as well as critical infrastructures and buildings
can be traced using land-based satellite antennas. Land-based satellite
antennas are used, along with airborne, naval, and space satellites for target
integration.
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North America is expected to account for the
largest share of the satellite antenna market in 2017.
The major driver for the satellite antenna market in North America
is technological advancements, which have led to an improvement in antenna
transmission capacity and in minimizing the cost of launching satellites for
commercial and military applications. The latest developments in technologies,
such as propulsion technology and spacecraft design, and advancements in Earth
observation services have also contributed towards the growth of this market.
Moreover, the high demand for satellites from NASA, the US Department of
Defense, and the private sector, along with the rising demand for satellites in
the defense sector due to their contribution in terms of providing persistent
surveillance fuel the satellite antenna market.
General Dynamics Corporation (US), Airbus Defence and Space
(France), MacDonald, Dettwiler and Associates Ltd. (Canada), Honeywell
International (US), Cobham Plc (UK), Harris Corporation (US), Mitsubishi
Electric Corporation (Japan), Gilat Satellite Networks (Israel), Elite Antennas
Ltd. (UK), and Space Star Technology Applications Co. Ltd. (China) are the
leading players in the satellite antenna market.
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