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Global Satellite Modem Market to reach USD 536.07 million by 2027.

Global Satellite Modem Market Size study, by Data Rate (High-Speed Data Rate Satellite Modem, Mid-Range Data Rate Satellite Modem, Entry-Level Data Rate Satellite Modem), Application (Mobile & Backhaul, IP Trucking, Offshore Communication, Tracking & Monitoring, Others), by End use (Energy & Utilities, Mining, Telecommunication, Marine (Sea or Water Transportation), Military & Defense, Transportation and Logistics (Road Transportation), Oil & Gas, Others) and Regional Forecasts 2021-2027

Product Code: SASAAD_48771727
Publish Date: 20-01-2021
Page: 200

Global Satellite Modem Market is valued approximately USD 356.52 million in 2020 and is anticipated to grow with a healthy growth rate of more than 6 % over the forecast period 2021-2027. Satellite modem is a device which used to convert and receive signals from a satellite transponder. For transmission, it modulates digital data encrypted signals from a device into a carrier (transporter) frequency for delivery to an upconverter, amplifier and antenna. Continuous innovations, rising need for high-speed data communication and growing investment in satellite launching has fueled the market growth across the forecast period. The rising demand for satellite communication is due to increase in telecommunication industry for high speed secured connection. For instance, NSIL in India, the government’s commercial space arm, plans to invest Rs 10,000 crore over the next five years to own and operate satellites as well as launch rockets. However, lack of international regulations impedes the growth of the market over the forecast period of 2021-2027. Also, the increasing technological advancements, are likely to create new opportunities for the market during the forecast period.

Global Satellite Modem Market is segmented on the basis of geographical region as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the technology advancements and major satellite launching enterprises such as SpaceX and NASA located in this region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as increasing investment in satellite launching stations and rise in demand for high-speed data would create profitable growth prospects for the Satellite Modem Market across Asia-Pacific region.

Major market player included in this report are:
ORBCOMM INC.
ViaSat Inc.
Gilat Satellite Networks Ltd.
Novelsat
Comtech EF Data Corporation
Newtec Cy N.V.
Datum Systems
Teledyne Paradise Datacom
Hughes Network Systems, LLC
Advantech Wireless

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Data rate:
High-Speed Data Rate Satellite Modem
Mid-Range Data Rate Satellite Modem
Entry-Level Data Rate Satellite Modem
By Application:
Mobile & Backhaul
IP Trunking
Offshore Communication
Tracking & Monitoring
Others
By End Use:
Energy & Utilities
Mining
Telecommunication
Marine (Sea or Water Transportation)
Military & Defense
Transportation and Logistics (Road Transportation)
Oil & Gas
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Satellite Modem Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Satellite Modem Market, by region, 2019-2027 (USD Billion)
1.2.2. Satellite Modem Market, by Data Rate, 2019-2027 (USD Billion)
1.2.3. Satellite Modem Market, by Application, 2019-2027 (USD Billion)
1.2.4. Satellite Modem Market, by End Use, 2019-2027 (USD Billion)
1.2.5. Satellite Modem Market, by Region Analysis, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Satellite Modem Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Satellite Modem Market Dynamics
3.1. Satellite Modem Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Continuous innovations
3.1.1.2. Rising need for high-speed data
3.1.2. Market Challenges
3.1.2.1. Lack of international regulations
3.1.3. Market Opportunities
3.1.3.1. Increasing technology advancement
Chapter 4. Global Satellite Modem Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Satellite Modem Market, by Data Rate
5.1. Market Snapshot
5.2. Global Satellite Modem Market by Data Rate, Performance – Potential Analysis
5.3. Global Satellite Modem Market Estimates & Forecasts by Data Rate 2018-2027 (USD Billion)
5.4. Satellite Modem Market, Sub Segment Analysis
5.4.1. High-Speed Data Rate Satellite Modem
5.4.2. Mid-Range Data Rate Satellite Modem
5.4.3. Entry-Level Data Rate Satellite Modem
Chapter 6. Global Satellite Modem Market, by Application
6.1. Market Snapshot
6.2. Global Satellite Modem Market by Application, Performance – Potential Analysis
6.3. Global Satellite Modem Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.4. Satellite Modem Market, Sub Segment Analysis
6.4.1. Mobile & Backhaul
6.4.2. IP Trunking
6.4.3. Offshore Communication
6.4.4. Tracking & Monitoring
6.4.5. Others
Chapter 7. Global Satellite Modem Market, by End Use
7.1. Market Snapshot
7.2. Global Satellite Modem Market by End Use, Performance – Potential Analysis.
7.3. Global Satellite Modem Market Estimates & Forecasts by End Use Type 2018-2027 (USD Billion)
7.4. Satellite Modem Market, Sub Segment Analysis
7.4.1. Energy & Utilities
7.4.2. Mining
7.4.3. Telecommunication
7.4.4. Marine (Sea or Water Transportation)
7.4.5. Military & Defense
7.4.6. Transportation and Logistics (Road Transportation)
7.4.7. Oil & Gas
7.4.8. Others
Chapter 8. Global Satellite Modem Market, Regional Analysis
8.1. Satellite Modem Market, Regional Market Snapshot
8.2. North America Satellite Modem Market
8.2.1. U.S. Satellite Modem Market
8.2.1.1. Data Rate breakdown estimates & forecasts, 2018-2027
8.2.1.2. Application breakdown estimates & forecasts, 2018-2027
8.2.1.3. End Use Type breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Satellite Modem Market
8.3. Europe Satellite Modem Market Snapshot
8.3.1. U.K. Satellite Modem Market
8.3.2. Germany Satellite Modem Market
8.3.3. France Satellite Modem Market
8.3.4. Spain Satellite Modem Market
8.3.5. Italy Satellite Modem Market
8.3.6. Rest of Europe Satellite Modem Market
8.4. Asia-Pacific Satellite Modem Market Snapshot
8.4.1. China Satellite Modem Market
8.4.2. India Satellite Modem Market
8.4.3. Japan Satellite Modem Market
8.4.4. Australia Satellite Modem Market
8.4.5. South Korea Satellite Modem Market
8.4.6. Rest of Asia Pacific Satellite Modem Market
8.5. Latin America Satellite Modem Market Snapshot
8.5.1. Brazil Satellite Modem Market
8.5.2. Mexico Satellite Modem Market
8.6. Rest of The World Satellite Modem Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. ORBCOMM INC.
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. ViaSat Inc.
9.2.3. Gilat Satellite Networks Ltd.
9.2.4. Novelsat
9.2.5. Comtech EF Data Corporation
9.2.6. Newtec Cy N.V.
9.2.7. Datum Systems
9.2.8. Teledyne Paradise Datacom
9.2.9. Hughes Network Systems, LLC
9.2.10. Advantech Wireless
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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