Global Military SATCOM Ground Terminal Market: Introduction
Military SATCOM ground terminals play a vital role in global military communication system. These ground terminals serve as an anchor station for wide-area satellite communications between the ground control segment or reception and the deployed terminals. The global Military SATCOM Ground Terminal Market is expected to value at around US$ 5 Bn in 2019, and is expected to register a CAGR of 6.3%. The global military SATCOM ground terminal market is segmented on the basis of product, technology, and region.
Global Military SATCOM Ground Terminal Market: Dynamics
Factors driving market growth include increasing demand for communication network systems that can receive and broadcast information with improved reliability during out-of-area missions, coupled with rising war-like situations in some countries around the globe. This is resulting in increasing demand for convoys of armored vehicles equipped with satellite communication systems for essential battlefield situational awareness during missions.
Rapidly increasing electronic threats against satellite communications and growing cybersecurity concerns in the military sector is resulting in increasing government spending on reliable and secure communication networks and systems
According to Belfer Center for Science and International Affairs, the federal government of the US spent US$ 14 Bn on cyber security in 2016
Growing unexpected emergency situations in remote areas where environment can limit the availability of communications for the military is resulting in increasing demand for advanced communication systems that are designed for easy set-up and can operate in harsh environmental conditions
However, high cost of R&D activities and budgetary constraints for players in developing countries are major factors expected to restrain market growth.
Analysis By Segmentation:
The comprehensive research report comprises a complete forecast of the global military SATCOM ground terminals market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global military SATCOM ground terminals market is expected to register a CAGR of 6.3% during the forecast period.
Global Military SATCOM Ground Terminals Market: Segmental Snapshot
The market report has been segmented on the basis of product, technology, and region: The product segment includes receiver, transmitter/transponder, transceiver, antenna, and modem/router. The technology segment includes VSAT, SATCOM on the Move, and SATCOM on the Pause. The regions include the North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The Antenna segment accounted for highest revenue share contribution in 2017, as compared to other product segments. The transceiver segment is expected to register highest CAGR of over 6.5% over the forecast period
The VSAT segment accounted for highest revenue share contribution in 2017, as compared to other technology segments. The SATCOM on the Pause segment is expected to register highest CAGR of over 6%
The market in North America accounted for highest revenue share in the global military SATCOM ground terminals market in 2017. The Asia Pacific market is expected to register a CAGR of over 6.4%.
Global Military SATCOM Ground Terminals Market: Competitive Analysis
The research report on the global military SATCOM ground terminals market includes profiles of some of the major companies such as General Dynamics Corporation, L3 Technologies, Inc., Harris Corporation, Cobham plc, Viasat, Inc., Thales S.A., Airbus SE (ND SatCom GmbH), Iridium Communications Inc., Gilat Satellite Networks Ltd., Raytheon Company, United Technologies Corporation, BAE Systems Plc., EchoStar Corporation (Hughes Network Systems LLC.), and Northrop Grumman Corporation
The Global Military SATCOM Ground Terminals Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2019–2028 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the Global military SATCOM ground terminals Market for 2018–2028.
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