North America Satellite Antenna Market - Leading Trends and Future Outlook

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North America Satellite Antenna Market Leading
Trends and Future Outlook
The Global Satellite Antenna Market is set for
significant growth, projected to expand from USD
4.1 billion in 2021 to USD 10.5 billion by 2026,
at a robust compound annual growth rate (CAGR) of
20.6, according to a comprehensive
research report by MarketsandMarkets. Key Drivers
of Market Growth Deployment of LEO
Satellites The increasing deployment of low
earth orbit (LEO) satellites and satellite
constellations for communication applications is
a primary growth driver. These satellites
enhance global communication networks, driving
demand for advanced satellite antenna
equipment. Download PDF Brochure _at_
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id238993430 Growing Demand for Ku- and
Ka-band Satellites Ku- and Ka-band satellites
offer higher bandwidth and faster data
transmission, which are crucial for modern
communication needs. Their increasing use in both
commercial and defense sectors is fueling the
market. Rise of Autonomous and Connected
Vehicles The expanding fleet of autonomous
and connected vehicles in military and
commercial sectors necessitates specialized
satellite antennas for seamless communication
and navigation, contributing to market
growth. Government Investments Significant
investments by governments in the US, India,
China, and other countries are propelling the
market. These investments are aimed at enhancing
satellite communication capabilities for defense
and commercial applications. Technological
Advancements Continuous advancements in
satellite antenna technologies, such as the
development of high-definition ISR (Intelligence,
Surveillance, and Reconnaissance) videos and UAV
(Unmanned Aerial Vehicle) connectivity, are
supporting market expansion. Segment Analysis By
Platform Airborne Segment Leading
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• The airborne segment is anticipated to dominate
  the market from 2021 to 2026. The increasing
  need for high-definition ISR videos, growing
  number of connected commercial aircraft, and
  rising adoption of UAVs are key factors driving
  this segment.
• By Technology SOTM Segment on the Rise
• The SOTM (Satellite-on-the-Move) segment is
  expected to lead the market, driven by the need
  for uninterrupted mobile broadband coverage,
  technological advancements in transport and
  logistics, and increasing demand for VSAT (Very
  Small Aperture Terminal) connectivity.
• Regional Insights
• North America Leading the Market
• North America, particularly the US, is projected
  to be the largest market for satellite antennas.
  The US government's increasing investments
  in advanced satellite antenna technologies for
  defense, surveillance, and critical
  infrastructure are major growth factors. For
  instance, in August 2020, the US Special
  Operations Command (USSOCOM) awarded Cubic
  Mission Solutions a contract worth USD 172
  million for advanced SATCOM terminals and
  communication equipment.
• Competitive Landscape
• The satellite antenna market is dominated by
  established key players such as
• Thales Group (France)
• L3Harris Technologies (US)
• Honeywell International Inc. (US)
• Hughes Network Systems (US)
• Viasat, Inc. (US)
• These companies are focusing on contracts,
  new product developments, and collaborations
  to maintain their market positions. For example,
  Thales' contract to design and build the
  next-generation Syracuse 4 satellite
  communication system for the French Defense
  agency is a significant development in the
  market.
• Ask for Sample Report _at_
• https//www.marketsandmarkets.com/requestsampleNew
  .asp?id238993430
• About MarketsandMarkets

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