International Satellite tv for pc Antenna Market Set To Attain $ Three Billion By 2026
SAN FRANCISCO, June 30, 2021 / PRNewswire / – A new market research report released by Global Industry Analysts Inc. (GIA), the leading market research firm, today released its report entitled “Satellite Antenna – Global Market Trajectory & Analytics”. The report offers new perspectives on opportunities and challenges in a strongly changed market after COVID-19.
Global Satellite Antenna Market
FACTS AT A GLANCE
Edition: 8; Published: January 2021
Executive engagements: 1031
Enterprises: 78 – Actors covered include Airbus Defense and Space; Cobham Limited; Elite Antennas Ltd .; General Dynamics Corporation; Gilat Satellite Networks Ltd .; Honeywell International Inc .; Kymeta Society; L3Harris Technologies, Inc .; MacDonald Dettwiler & Associates Corporation; Mitsubishi Electric Corporation; Norsat International Inc .; Viasat, Inc. and others.
Coverage: All major regions and key segments
Segments: components (reflectors, feed horns, feed networks, low noise block (LNB) converter, other components); Platform (land, space, sea, air)
Geographies: World; United States; Canada; Japan; China; Europe; France; Germany; Italy; UNITED KINGDOM; the rest of Europe; Asia Pacific; Rest of the world.
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Reaching Global Satellite Antenna Market $ 3 billion by 2026
Satellite antennas are telecommunications devices designed to receive microwave signals and are commonly used in broadcast and broadcast applications. These antennas convert microwave signals into electrical signals that can be used by various devices such as televisions and computers. The growth in the world market is fueled by the continuous expansion of the satellite market together with technological advances that enable improved transmission capacity while reducing the cost of satellite launch for military and commercial applications. One of the main trends driving market growth is the increasing adoption of reusable missile technology and off-the-shelf CubeSats. Technological advances related to satellites have created the need for sophisticated antenna systems and other communication supporting platforms. The market is supported by the growing focus on small satellites, the use of satellite-based warfare systems and increasing investments in space research programs. Small satellites are increasingly being used in earth observation and space research projects because of their advantages, such as cost-effective launch. The satellite antenna market will be further strengthened with access to advanced satellite navigation systems and equipment such as antennas, receivers and software. Other major market drivers include the strong demand for phased array antennas, the miniaturization of satellites, hosted payloads, and the increasing affordability of satellites.
The story goes on
In the midst of the COVID-19 crisis, the global market for satellite antennas is valued at $ 2.2 billion in 2020 is expected to reach a revised size of $ 3 billion until 2026 with a CAGR of 5.2% in the analysis period. Reflectors, one of the segments analyzed in the report, are expected to grow 5.8% CAGR to reach $ 1.2 billion until the end of the analysis period. After a thorough analysis of the business impact of the pandemic and its triggered economic crisis, the Feed Horns segment growth will be adjusted to a revised CAGR of 5.2% for the next 7 year period. This segment currently accounts for 24.6% of the global satellite antenna market. An antenna reflector refers to a device that reflects electromagnetic waves. The reflector antennas are available either as an integral part of the antenna assembly or as a stand-alone device. Among the various types of reflector antennas, the most popular is the parabolic antenna, which provides superior performance during broadcasting and satellite communications that require high reliability. When designing the total reflector antenna, the design and the right choice of feed play an important role. High power feeds are increasingly used to manufacture high power antennas.
The US market is estimated at $ 922 million in 2021, while China is expected to reach $ 396.5 million by 2026
The US satellite antenna market is estimated at $ 922 million in 2021. The country currently has a 40.95% share of the world market. China, the second largest economy in the world, is expected to have an estimated market size of. to reach $ 396.5 million in 2026 with a CAGR of 8% over the analysis period. Other notable geographic markets include Japan and Canadawho forecast growth of 4.4% and 5.3%, respectively, in the analysis period. Within Europe, Germany is expected to grow by around 4.2% CAGR while reaching the rest of the European market (as defined in the study) $ 430.4 million until the end of the analysis period. Asia Pacific represents an important market due to the increasing use of satellite antennas in the automotive industry. In addition, the increasing number of space research programs announced by leading space agencies such as the China National Space Administration (CNSA) and the Indian Space and Research Organization (ISRO) is likely to stimulate market growth.
Feed Networks segment $ 584.7 million by 2026
Feeding networks are a very important part of an array model or antenna, as they are used to evaluate the reflection coefficients and antenna excitations. In the global Feed Networks segment United States, Canada, Japan, China and Europe will drive the estimated CAGR of 4.7% for this segment. These regional markets make a combined market size of $ 377.6 million in 2020 a forecast size of $ 520.8 million until the end of the analysis period. China will be one of the fastest growing in this cluster of regional markets. Led by countries like Australia, India, and South Korea, the market in Asia Pacific is expected to be reached $ 57 million by 2026. More
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SOURCE Global Industry Analysts, Inc.