Overview and Scope
SATCOM transceivers are devices that transmit and receive voice and data communications through satellites. They enable long-distance communication for various applications, including maritime, aviation, military, and emergency services, to facilitate global connectivity, even in remote or challenging environments.
Sizing and Forecast
The SATCOM Transceivers market size has grown rapidly in recent years. It will grow from $24.33 billion in 2023 to $26.81 billion in 2024 at a compound annual growth rate (CAGR) of 10.20%. The growth in the historic period can be attributed to expanding use in defense and military applications, increasing adoption in commercial aviation, growth of the commercial space industry, increasing demand for remote sensing applications, rising integration of the internet of things (IoT).
The SATCOM Transceivers market size is expected to see rapid growth in the next few years. It will grow to $39.26 billion in 2028 at a compound annual growth rate (CAGR) of 10.00%. The growth in the forecast period can be attributed to increasing demand for real-time data transfer, rise of unmanned aerial vehicles (UAVs) and autonomous systems, growing number of satellite launches, growing demand for in-flight connectivity, growing demand for high-throughput satellites (HTS). Major trends in the forecast period include technological innovation in SATCOM transceivers, advancements in satellite technology, advancements in RF and microwave technologies, development of software-defined radios (SDR) technology, use of artificial intelligence (AI).
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Segmentation & Regional Insights
The satcom transceivers market covered in this report is segmented –
1) By Component: Navigation, Scientific Research, Communication, Remote Sensing, Other Components
2) By Frequency Band: K Band, C Band, X Band, Ku Band, Other Frequency Band
3) By Application: Air Traffic Control, Satellite Communication, Direct To Home, X-Ray, Electronic Countermeasure (ECM), Food Processing, Material Processing, Other Applications
North America was the largest region in the SATCOM transceivers market in 2023. The regions covered in the satcom transceivers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing number of satellite launches is expected to propel the growth of the SATCOM transceivers market going forward. Satellite launches refer to sending satellites into space using a launch vehicle or rocket to place them into orbit around Earth or to travel to other celestial bodies. Satellite launches are increasing due to government funding, low costs, rapid development cycles, and versatility. A SATCOM transceiver enables real-time satellite and ground control communication, facilitating command and control, data transmission, and monitoring of the satellite’s health and status. For instance, in September 2022, according to the U.S. Government Accountability Office, a U.S.-based government agency, nearly 5,500 satellites were in orbit in 2022, with an estimated 58,000 more to be launched by 2030. Therefore, the growing number of satellite launches is driving the growth of the SATCOM transceivers market.
Key Industry Players
Major companies operating in the satcom transceivers market are Hitachi Ltd., The Boeing Company, Airbus SE, Northrop Grumman Corporation, Mitsubishi Electric Corporation, Honeywell International Inc., Fujitsu Limited, NEC Corporation, Thales Group, L3Harris Technologies Inc., Kyocera Corporation, Viasat Inc., Cobham Limited, Rohde & Schwarz GmbH & Co. KG, SES S.A., Intelsat Ltd., Iridium Communications Inc., KVH Industries Inc., Comtech EF Data Corporation, AnaCom Inc., Intellian Technologies Inc., Advantech Wireless Technologies Inc., Skyware Technologies Limited, ACORDE TECHNOLOGIES S.A., Amplus Communication Pte. Ltd., ViaLite Communications LLC, Arralis Ltd.
The satcom transceivers market report table of contents includes:
- Executive Summary
- SATCOM Transceivers Market Characteristics
- SATCOM Transceivers Market Trends And Strategies
- SATCOM Transceivers Market – Macro Economic Scenario
- Global SATCOM Transceivers Market Size and Growth
- SATCOM Transceivers Market Segmentation
- SATCOM Transceivers Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The SATCOM Transceivers Market
- SATCOM Transceivers Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global SATCOM Transceivers Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global SATCOM Transceivers Market, Segmentation By Frequency Band, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global SATCOM Transceivers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Hitachi Ltd. Financial Performance
Table 75: The Boeing Company Financial Performance
Table 76: Airbus SE Financial Performance
Table 77: Northrop Grumman Corporation Financial Performance
Table 78: Mitsubishi Electric Corporation Financial Performance
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