Stratview Research has recently published a report on the Satellite Antenna Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.

The market is segmented By Type (Parabolic Reflector, Flat Panel, FRP, Horn, Iron Antenna with Mold Stamping, Others), By Application (Space, Land, Maritime, Airborne), and Region.

Satellite Antenna Market Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Satellite Antenna Market is estimated to grow from USD 20.34 billion in 2021 to reach USD 75.69 billion by 2028 at an impressive CAGR of 20.59% during the forecast period.

What is a satellite antenna?

A satellite antenna can be defined as an antenna which is specifically designed to receive or transmit information through radio waves from or to a communication satellite. Based on type, a satellite antenna can be categorized as a parabolic reflector, flat panel, FRP, horn, iron antenna with mold stamping, and others.

Some of the companies drive the market growth:

  • Honeywell International Inc. (US)
  • General Dynamics Corporation (US)
  • Mitsubishi Electric Corporation (Japan)
  • Gilat Satellite Networks (Israel)
  • Elite Antennas Ltd (UK)
  • MDA Ltd. (Canada)
  • Harris Corporation (US)
  • Cobham Limited (UK)
  • Airbus Defence and Space (Germany)
  • Space Star Technology CO., Ltd (China)

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Segments Analysis

Application Trends

The market has been divided into space, land, maritime and airborne. The space application segment accounted for the largest market share in 2021. The segment growth can be attributed to increasing emphasis on the production of small satellites for numerous purposes, particularly communication.

Regional Analysis

The North American market accounted for the largest share in 2021 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to the presence of the established space industry and key market players such as Honeywell International Inc. (US) and General Dynamics Corporation (US). The market progress in the Asia-Pacific region is expected to grow at the fastest CAGR during the review on account of the strong presence of the marine industry and significant progress of the space industry particularly in China and India.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

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