Satellite Communication Equipment Market Report

Market Insights

“The global satellite communication equipment market is expected to grow from USD 25.06 billion in 2024 to USD 43.4 billion by 2030, at a healthy CAGR of 9.54% during 2024-2030.”

Market Dynamics

Introduction

Satellite Communication Hardware (SATCOM) is equipment utilized to transmit, receive, and process signals through satellites. It comprises antennas, modems, transceivers, and terminals. SATCOM is extensively utilized in defence, aviation, maritime, broadcasting, disaster relief, and remote access, where ground networks are unavailable or sparse.

The Satellite Communication Equipment (SATCOM) market involves equipment that facilitates international voice, video, and data communication through satellites. It covers solutions such as antennas, transceivers, and terminals applied in defense, commercial, maritime, and aviation markets. The market is underpinned by strong growth stimulated by high-speed connectivity demands in remote locations, military modernization, the growing application of low Earth orbit (LEO) satellites, and increasing applications in disaster management, telemedicine, and international broadcasting networks.

Market Drivers

Increasing Deployment of LEO Satellite Constellations

The SATCOM market is growing globally as more deployment of LEO satellites, especially in the 500–2,000 km orbital range, is fuelling expansion. LEO satellites offer high-bandwidth, low-latency communication and perform better than GEO systems. The boom in demand for affordable, small satellites for enterprise, energy, and government markets is prompting a drive for investment in LEO constellations. This expansion is driving demand for sophisticated SATCOM infrastructure, terminals, phased-array antennas, modems, and RF systems to enable high-frequency, wideband data transmission. Further, upgraded telemetry, tracking systems, and ground stations are necessary to control satellite handovers. Driving the charge are big players such as SpaceX, OneWeb, and Amazon.

Market Challenges

Stringent government regulations and policies

Government policies are the biggest problem in the worldwide satellite communication (SATCOM) market. Rules regarding licensing, spectrum allocation guidelines, and domestic security limitations widely differ from nation to nation, creating compliance complications for SATCOM equipment makers and operators. FCC insists on rigid licensing procedures in the U.S., whereas the EU and nations such as the UK and Germany impose controlled bands on frequencies, restricting operation flexibility. India's recent regulatory changes, while directed at market liberalization, have created uncertainty among international players. These changing regulatory measures and issues on spectrum management can slow down quick SATCOM deployment, affecting investment channels and causing delays in infrastructure development globally.

Market Opportunities

Expansion of High-Speed Communication Networks To Remote Geographies

One of the key growth areas for the SATCOM equipment market is the rising need for high-speed, high-reliability connectivity in remote and underserved areas. Satellite communication makes it possible for critical operations where ground infrastructure is impossible, and supports industries such as oil & gas, mining, forestry, and emergency services. It also drives applications like telemedicine, remote education, and real-time monitoring. The use of high-throughput satellites (HTS), particularly in the Ku-band, provides improved service quality with increased data rates. Also, global funding initiatives and infrastructure investment are speeding up SATCOM growth, making it a crucial solution to bridge the gaps in global connectivity and drive market development.

Recent Developments

• In April 2025, space technology firm SpinLaunch revealed a strategic investment of USD 12 million from Kongsberg Defence & Aerospace to help develop and commercialize its game-changing Low-Earth Orbit (LEO) satellite broadband constellation, Meridian Space. The collaboration reflects SpinLaunch's aim to provide cost-effective and sustainable satellite communication services worldwide.
• In July 2024, the French Defence Procurement Agency (DGA) awarded the Neptune contract to Thales to provide 30 dual-band X/Ka satellite communications stations for French Army Serval vehicles under the Scorpion Program. The high-throughput tactical communications stations will serve the French Army, French Navy, and land and air forces previously. This order is part of the SYRACUSE IV Program.
• In May 2024, EchoStar Corporation (US) was contracted by the US Navy under an IDIQ contract for the US Naval Supply Systems Command Spiral 4 Program. Under its subsidiaries, Boost Mobile (US) and Hughes Network Systems (US), EchoStar will deliver 5G devices and services to DoD across the US, US territories, and foreign travel. The contract is aimed at serving DoD as well as other federal government agencies with mobile devices and service plans.

Market Segments' Analysis

“Airborne segment is estimated to lead the SATCOM equipment market from 2024 to 2030.”

During the forecast period, the airborne SATCOM category will lead the SATCOM equipment market, fueled by North American and European modernization programs. Both geographies are replacing plane-to-plane and plane-to-ground communication systems with next-gen, on-the-move SATCOM solutions to increase flight safety, lower delays, and minimize routing. Modernization programs like SESAR are aimed at incorporating next-gen SATCOM technology for real-time tracking of aircraft, improved pilot-to-ground communication, and better navigation through topographic imaging. The demand being driven by this expansion is both new aircraft integration and retrofit upgrades on existing fleets. Keywords: airborne SATCOM, aircraft communication modernization, SATCOM on-the-move, SESAR, aviation connectivity.

By Solution Type Analysis

“Product segment of the SATCOM equipment market is projected to capture the largest share during the forecast period.”

The product segment will dominate the SATCOM equipment market through the forecast period, driven by the growing demand for sophisticated transceivers and phased-array antennas for naval and airborne platforms. The growth is driven by the use of high-throughput satellites (HTS), LEO constellations, IoT integration, and next-generation antenna technologies such as MIMO and beamforming. SATCOM antennas, including reflectors, feed horns, LNB converters, and phased arrays, facilitate high-performance, adaptive communication. Transceivers, which combine transmission and reception into a single device, are required for low-latency, high-bandwidth satellite communications.

By Type Analysis

“SOTM segment is projected to account for a larger share of the SATCOM equipment market than the SOTP segment during the forecast period.”

The SATCOM equipment industry, divided into SATCOM-on-the-move (SOTM/COTM) and SATCOM-on-the-pause (SOTP), is dominated by the SOTM segment, which is expected to have a greater market share during the forecast period. SOTM systems provide secure, high-speed, beyond-line-of-sight satellite connectivity for mobile platforms in defence, transportation, emergency response, and media broadcasting. These systems provide real-time data transfer for military operations, fleet management, and in-transit connectivity. Technological advancements in high-throughput satellites (HTS) and adaptive antennas complement SOTM performance further through increased bandwidth, signal quality, and communication integrity.

Regional Analysis

“Asia Pacific SATCOM equipment market is poised for significant growth, driven by increasing demand for launch and early orbit support, telemetry, tracking, and command (TT&C) services.”

The Asia Pacific SATCOM equipment market is poised for significant growth, driven by increasing demand for launch and early orbit support, telemetry, tracking, and command (TT&C) services, as well as data handling and processing capabilities. Technological advancements have led to the development of high-performance SATCOM equipment with enhanced integration capabilities. China, a key player in the region, is at the forefront of this expansion, with a robust satellite broadband market and growing military satellite applications. The country has also made strides in quantum communication, exemplified by the launch of a quantum key distribution satellite aimed at securing communications for national defence purposes. 

Key Players

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the global satellite communication equipment market -  

• Echostar Corporation (US)
• L3Harris Technologies Inc. (US)
• Thales (France)
• RTX (US)
• General Dynamics Corporation (US)
• Cobham Satcom (Denmark)
• Honeywell International Inc. (US)
• Viasat, Inc. (US)
• Gilat Satellite Networks (Israel)
• Aselsan A.S (Turkey)

Note: The above list does not necessarily include all the top players in the market.

Are you a leading player in this market? We would love to include your name. Please write to us at [email protected]

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

The global satellite communication equipment market is segmented into the following categories. 

Global Satellite Communication Equipment Market, by Connectivity Type

• LEO (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• MEO/GEO (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Global Satellite Communication Equipment Market, by Frequency Type

• 12 V (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• 24 V (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Global Satellite Communication Equipment Market, by Application Type

• C-Band (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• L & S-Band (Regional Analysis:  North America, Europe, Asia-Pacific, and Rest of the World)
• KA-Band (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• KU-Band (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• VHF/UHF-Band (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• EHF/SHF-Band (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• MULTI-Band (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Q-Band (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Global Satellite Communication Type

• SATCOM-On-The-Move (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• SATCOM-On-The-Move (Regional Analysis:  North America, Europe, Asia-Pacific, and Rest of the World)

Global Satellite Communication Equipment Market, by Vertical Type

• Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Government & Defence (Regional Analysis:  North America, Europe, Asia-Pacific, and Rest of the World)

Global Satellite Communication Equipment Market, by Solution Type

• Product (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Service (Regional Analysis:  North America, Europe, Asia-Pacific, and Rest of the World)

Global Satellite Communication Equipment Market, by Platform Type

• Portable (Regional Analysis:  North America, Europe, Asia-Pacific, and Rest of the World)
• Land Mobile (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Land Fixed (Regional Analysis:  North America, Europe, Asia-Pacific, and Rest of the World)
• Airborne (Regional Analysis:  North America, Europe, Asia-Pacific, and Rest of the World)
• Maritime (Regional Analysis:  North America, Europe, Asia-Pacific, and Rest of the World)

Global Satellite Communication Equipment Market, Terminal Type

• LTE-Based (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Non-LTE-Based (Regional Analysis:  North America, Europe, Asia-Pacific, and Rest of the World)

Global Satellite Communication Equipment Market, by Technology Type

• Next Generation (Regional Analysis:  North America, Europe, Asia-Pacific, and Rest of the World)
• Legacy (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Global Satellite Communication Equipment Market, by Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, Italy, The UK, and the Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s global satellite communication equipment market realities and future market possibilities for the forecast period.

• The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respected clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

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