Satellite Modem Market Size was valued at USD 452 million in 2022, and is expected to reach USD 1105 million by 2030, and grow at a CAGR of 11.8% over the forecast period 2023-2030.
Satellite modem or satmodem is an advanced communication solution designed to establish data transfer using satellite communication as a transmitter. The main function of a satellite modem is to convert input bitstream input into a radio signal and vice versa. In addition, satellite internet modem is intended to use satellites that are designed to provide communication links between various points around the world. however, the opportunity for the satellite modem market is largely driven by the growing trend of digital digitalization in the Internet of Things Solutions during forecasting.
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KEY DRIVERS:
Growing need for satellite communication in the Internet of Things (IoT).
Growing demand for enhanced high-speed data connection.
RESTRAINTS:
Uncertainty in the regulatory framework governing satellite communication protocols and standards
OPPORTUNITIES:
5G commercialization.
Satellite networks are being proposed for construction to give internet connectivity in remote places.
CHALLENGES:
SATCOM equipment are vulnerable to cybersecurity attacks
Based on Channel Type, the satellite modem market is segmented into MCPC modem and SCPC modem. The MCPC channel satellite module market is expected to grow at a high CAGR from 2023 to 2030. The growth of this category is due to the incomparable channel performance provided by these modems, which is a key requirement for high-performance data traffic applications, such as mobile communications, the Internet, and broadband services. MCPC satellite modules can be integrated with IP networks to provide seamless voice, video, and data traffic. Broadband internet services for business networks are possible with MCPC modem technology due to its high data rate over satellite technology.
Based on the Technology, the satellite modem market is segmented into Satcom Automatic Identification System (AIS), VSAT, Satcom-on-the-Move, Satellite Telemetry and Satcom-on-the-Pause. SOTM modem is expected to grow at a high CAGR during the forecasting. Satcom on-the-move (SOTM) terminals are increasingly being used in military and commercial systems. For military purposes, these terminals are primarily used for intelligent communication. SOTM terminals are used for broadband communications by sea ships, trains, planes, land vehicles, and other vehicles. However, in commercial systems, these terminals are mainly used for broadband internet services.
Based on Data Rate, the satellite modem market is segmented into Entry Level, Mid- Range and High Speed. Satellite modem data speed are expected to hold the largest share in the market from 2023 to 2030. This is due to the growing demand for high data and high-bandwidth applications such as mobile & backhaul and offshore connections. Satellite service providers enable internet, mobile, and data networks over long distances. To meet the high demand for data while managing operating costs, high speed data satellite modules are required. In addition, the growing demand from the commercial and military sectors for mobile communications at high data rates is advancing the market for high data satellite modems.
Based on End-User Industry, the satellite modem market is segmented into Energy & Utilities, Mining, Marine, Transportation & Logistics, Telecommunications, Military & Defense, Oil & Gas and Others.
The satellite modem transportation and logistics market are expected to grow at a very high CAGR at the time of forecasting. In transportation and logistics, there is an ongoing need to transfer real-time data, including vehicle location, traffic congestion, video and audio, temperature between rotting vehicles, and emergency notices. To transmit and receive such data, high-speed data satellite modes, which can establish a communication channel between the vehicle and the monitoring center, are used. Satellite modems also increase the accuracy and speed of the Global Positioning System (GPS).
The outbreak and spread of COVID-19 have affected the satellite modem market. Many industry experts believe the epidemic will subside by the end of the second quarter of FY2021. Considering the input from various industry experts from different phases of the satellite modem value chain including OEMs, suppliers, end users, and distributors and post-consultation and financing of various companies to the 2020 satellite ecosystem 2020, it. it is estimated that the market size of satellite modem has seen a decrease of 4-5% from 2019 to 2020. In some countries such as the US and the UK, the second wave of COVID-19 has affected the performance of satellite module companies due to the closure of manufacturing facilities. A few companies have experienced delays in potential order awards and order delays for US military customers. In the satellite modem market, COVID-19 has had a significant impact on the maritime and aviation industries.
BY CHANNEL TYPE
MCPC Modem
SCPC Modem
BY TECHNOLOGY
Satcom Automatic Identification System (AIS)
VSAT
Satcom-on-the-Move
Satellite Telemetry
Satcom-on-the-Pause
BY DATA RATE
Entry Level
Mid Range
High Speed
BY APPLICATION
Mobile & Backhaul
IP Trunking
Tracking & Monitoring
In-flight Connectivity
Offshore Communication
Enterprise & Broadband
Media & Broadcast
Others
BY END-USER INDUSTRY
Energy & Utilities
Mining
Marine
Transportation & Logistics
Telecommunications
Military & Defense
Oil & Gas
Others
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The satellite modem market in APAC is expected to grow at a very high CAGR from 2023 to 2030. This market will be driven by a growing demand for metals such as steel for complex industrial use. China, Japan, South Korea, and India are expected to operate the satellite modem market at APAC. China remains the largest market for satellite modems and is expected to remain dominant during the forecast period. Investments in increasing glass production and government support for steel production are set to provide greater opportunities for the APAC satellite module market.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The key players in the satellite modem market are Gilat Satellite Networks, Hughes Network Systems, ORBCOMM, Novelsat, Comtech Telecommunications, Datum System, ST Engineering, Teledyne Technologies, Viasat, Work Microwave & Other Players.
Hughes Network Systems-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 452 Mn |
| Market Size by 2030 | US$ 1105 Mn |
| CAGR | CAGR of 11.8% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Channel Type (MCPC Modem, SCPC Modem) • By Technology (Satcom Automatic Identification System (AIS), VSAT, Satcom-On-The-Move, Satellite Telemetry, Satcom-On-The-Pause) • By Data Rate (Entry Level, Mid-Range, High Speed) • By Application (Mobile & Backhaul, IP Trunking, Tracking & Monitoring, In-Flight Connectivity, Offshore Communication, Enterprise & Broadband, Media & Broadcast, Others) • By End User Industry (Energy & Utilities, Mining, Marine, Transportation & Logistics, Telecommunications, Military & Defense, Oil & Gas, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Gilat Satellite Networks, Hughes Network Systems, ORBCOMM, Novelsat, Comtech Telecommunications, Datum System, ST Engineering, Teledyne Technologies, Viasat, and Work Microwave. |
| Key Drivers | • Growing need for satellite communication in the Internet of Things (IoT). • Growing demand for enhanced high-speed data connection. |
| Restraints | • Uncertainty in the regulatory framework governing satellite communication protocols and standards. |
The Satellite Modem Market Size was valued at USD 452 million in 2022.
Growing need for satellite communication in the Internet of Things (IoT), and Growing demand for enhanced high-speed data connection.
The key players in the satellite modem market are Gilat Satellite Networks, Hughes Network Systems, ORBCOMM, Novelsat, Comtech Telecommunications, Datum System, ST Engineering, Teledyne Technologies, Viasat, and Work Microwave.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Satellite Modem Segmentation, by channel type
8.1Introduction
8.2 MCPC Modem
8.3 SCPC Modem
9. Satellite Modem Segmentation, by technology
9.1 Introduction
9.2 Satcom Automatic Identification System (AIS)
9.3 VSAT
9.4 Satcom-on-the-Move
9.5 Satellite Telemetry
9.6 Satcom-on-the-Pause
10. Satellite Modem Segmentation, by data rate
10.1 Introduction
10.2 Entry Level
10.3 Mid Range
10.4 High Speed
11. Satellite Modem Segmentation, by application
11.1 Introduction
11.2 Mobile & Backhaul
11.3 IP Trunking
11.4 Tracking & Monitoring
11.5 In-flight Connectivity
11.6 Offshore Communication
11.7 Enterprise & Broadband
11.8 Media & Broadcast
11.9 Others
12. Satellite Modem Segmentation, by end user industry
12.1 Introduction
12.2 Energy & Utilities
12.3 Mining
12.4 Marine
12.5 Transportation & Logistics
12.6 Telecommunications
12.7 Military & Defense
12.8 Oil & Gas
12.9 Others
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 USA
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 France
13.3.4 Italy
13.3.5 Spain
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4 Asia-Pacific
13.4.1 Japan
13.4.2 South Korea
13.4.3 China
13.4.4 India
13.4.5 Australia
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.1 Israel
13.5.2 UAE
13.5.3 South Africa
13.5.4 Rest
13.6 Latin America
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of Latin America
14.Company Profiles
14.1 Teledyne Technologies
14.1.1 Financial
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 Gilat Satellite Networks
14.3 Hughes Network Systems
14.4 ORBCOMM
14.5 Novelsat
14.6 Comtech Telecommunications
14.7 Datum System
14.8 ST Engineering
14.9 Viasat,
14.10 Work Microwave
14.11 Others
15.Competitive Landscape
15.1 Competitive Benchmark
15.2 Market Share analysis
15.3 Recent Developments
16.Conclusion
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