Satellite Dish Market By Product Type (Motor-Driven, Multi-Satellite, Very Small Aperture Terminal (VSAT), Others), By Application (Commercial And Civil, Government, Military) - Growth, Future Prospects, And Competitive Landscape, 2019-2027
Increased Satellite Industry to give Boost to the Satellite Dish Market
The satellite dish market worldwide is expected to grow with a CAGR of 3.4% during the forecast period from 2019 to 2027. The satellite industry is rising with a more than 3% growth rate annually. A satellite dish is used to transmit information from a communication satellite or by radio waves. Satellite dishes are used for various purposes, such as for television, broadband, radio, and mobile. In addition, the military and government use the information generated by satellite dishes for security purposes. As a consequence of the aforementioned factors, we are expecting the satellite dishes market to show steady growth throughout the forecast period.
Market Synopsis
VSAT Satellite Dish to Continue Leading the Market
The satellite dish market by product type is led by a very small aperture terminal (VSAT) segment. The segment has the largest market share and has more than 30% of the revenue. VSAT satellite dish is the most commonly used satellite dish worldwide. VSAT satellite dishes have various advantages, such as reliable telecommunication, cost-effectiveness, and less time consuming. Wide application of VSAT satellite dishes in satellite internet access, polling, credit card, and others are the major growth drivers for the segment. Therefore, we are expecting the VSAT satellite dish market to continue leading the product segment during the forecast period.
The Asia Pacific to be the Fastest Growing Region
The North American region leads the satellite dish market, with more than 1/3rd of the market revenue share worldwide. North America is the leader owing to having the highest share in the satellite industry worldwide. The Asia Pacific to witness the fastest growing segment in the satellite dish market throughout the forecast period. Growing disposable income and the rising use of satellites in the region are the major growth factors for the region. Growing investments in the satellite industry by developing countries of the Asia Pacific, such as China and India, are the other growth factors for the region. Consequently, we expect the Asia Pacific region to be the fastest growing during the forecast period.
Some of the prominent players operating in the satellite dish market are Viasat, Inc., Ubiquiti Networks, KVH Industries, SVEC, ThinKom Solutions, Inc., Electronic Controlled Systems, Hughes Network Systems, iDirect, RenqiuSanwei Communication Equipment Co., Ltd., Wuxi Tianqi Communication Equipment Factory, Gilat Satellite Networks, Kymeta Corporation, HebeiLinuo Communication Equipment Co., Ltd., ShenzhenHuaxin Antenna Technology Co., Ltd. among others.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The satellite dish market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global satellite dish market based on product type, application, and geography.
Segmentation Product Type (2017–2027; US$ Bn)
Motor-driven
Multi-satellite
Very Small Aperture Terminal (VSAT)
Others (Direct to Home (DTH), SMARTV, etc.)
Application (2017–2027; US$ Bn)
Commercial and Civil
Government
Military
Geography Segment (2017–2027; US$ Bn)
North America (U.S., Rest of North America)
Europe (U.K., Germany, France, Rest of Europe)
Asia Pacific (China, Japan, India, Rest of Asia Pacific)
Rest of the World (Middle East & Africa, Latin America)
Unique data points of this report
Statistics on the satellite industry worldwide
Recent trends across different regions in terms of the adoption of satellite dishes across various applications
Notable developments going on in the satellite dish market
Attractive investment proposition for segments as well as geography
Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
Frequently asked questions :
The market for Satellite Dish Market is expected to reach US$ XX Bn by 2027.
The Satellite Dish Market is expected to see significant CAGR growth over the coming years, at 3.4%.
The report is forecasted from 2019-2027.
The base year of this report is 2018.
Viasat Inc., Ubiquiti Networks, KVH Industries, SVEC, Thinkom Solutions Inc., Electronic Controlled Systems are some of the major players in the global market.
