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SATELLITE COMMUNICATION (SATCOM) EQUIPMENT

Global Market Trajectory & Analytics

MCP14561

VALIDATED EXECUTIVE ENGAGEMENTS

Number of executives repeatedly engaged by snail & email outreach*

POOL + OUTREACH

556

Interactions with Platform & by Email *

INTERACTIONS

111

Unique # Participated *

PARTICIPANTS

22

Responses Validated *

VALIDATIONS

11

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  •  DATE

    JUNE 2020

  •  TABLES

    108

  •  PAGES

    179

  •  EDITION

    7

  •  PRICE

    US$4950


COVID-19 IMPACT SURVEY MAY 2020

Amid the COVID-19 crisis and the looming economic recession, the Satellite Communication (SATCOM) Equipment market worldwide will grow by a projected US$14.4 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 7.2%. Maritime, one of the segments analyzed and sized in this study, is forecast to grow at over 8.3% and reach a market size of US$13.2 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Maritime market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 8.5% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$629.7 Million to the region's size over the next 7 to 8 years. In addition, over US$649.4 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the Maritime segment will reach a market size of US$1.1 Billion by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Satellite Communication (SATCOM) Equipment market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 7.3% over the next couple of years and add approximately US$2.3 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Satellite Communication (SATCOM) Equipment market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others, Aselsan A.S.; AvL Technologies; Campbell Scientific Inc.; Cobham PLC; General Dynamics Corporation; Gilat Satellite Networks; Harris Corporation; Holkirk Communications Ltd.; Hughes Network Systems LLC; Intellian Technologies Inc.; Iridium Communications, Inc.; L3 Technologies, Inc.; ND SatCom GmbH; Network Innovations Inc.; Newtec Cy NV; Satcom Global Ltd.; ViaSat, Inc.

SEGMENTS

» End-Use (Maritime, Land Mobile, Portable, Airborne, Land Fixed) » Vertical (Commercial, Government & Defense)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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