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 more than 3% growth rate annually. A satellite dish is used to transmit information from communication satellite or by radio waves. The satellite dishes are being used for various purposes such as for television, broadband, radio, and mobile among others. Military and government use information generated by satellite dishes for security purposes. As a consequence of aforementioned factors, we are expecting the satellite dishes market to show steady growth throughout the forecast period.
Market Synopsis
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VSAT Satellite Dish to Continue Leading the Market
The satellite dish market by product type is led by very small aperture terminal (VSAT) segment. The segment has the largest market share and have more than 30% of the revenue. VSAT satellite dish is the most commonly used satellite dish worldwide. VSAT satellite dishes has various advantages such as reliable telecommunication, cost effective, and less time consuming among others. 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 led the product segment during the forecast period.
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Asia Pacific to be the Fastest Growing Region
Satellite dish market is led by North America region with more than 1/3rd of the market revenue share worldwide. North America is the leader owing to have highest share in satellite industry worldwide. Asia Pacific to witness fastest growing segment in the satellite dish market throughout the forecast period. Growing disposable income and rising use of satellite in the region are the major growth factors for the region. Growing investments in satellite industry by developing countries of Asia Pacific such as China and India are the other growth factors for the region. As a consequence, we are expecting the Asia Pacific region to be the fastest growing during the forecast period.
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Some of the prominent players operating in the satellite dish market Viasat, Inc., Ubiquiti Networks, KVH Industries, SVEC, ThinKom Solutions, Inc., Electronic Controlled Systems, Hughes Network Systems, iDirect, Renqiu Sanwei Communication Equipment Co., Ltd., Wuxi Tianqi Communication Equipment Factory, Gilat Satellite Networks, Kymeta Corporation, Hebei Linuo Communication Equipment Co., Ltd., Shenzhen Huaxin 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 segments 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. The report provides a holistic view of global satellite dish market based on product type, application and geography.
Key segments covered in the report are as follows:
| ATTRIBUTE |
DETAILS |
| Research Period |
2018-2027 |
| Base Year |
2018 |
| Forecast Period |
2019-2027 |
| Historical Year |
2017 |
| Unit |
USD Billion |
| 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)
|
Key questions answered in this report
- What was the market size of satellite dish in 2018 and forecast up to 2027?
- Which is the largest regional market for satellite dish?
- What are the major trends followed in overall satellite dish across different regions?
- Who are the key satellite dish companies leading the market?
- What are the key strategies adopted by the leading satellite dish companies in market?
Unique data points of this report
- Statistics on satellite industry worldwide
- Recent trends across different regions in terms of adoption of satellite dish across various applications
- Notable developments going on in 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)
