#Small Satellite Services Market Forecast 2030
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ragini-14 · 9 months ago
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Small Satellite Services Market Growth Outlook, Recent Developments, Innovative and Forecast by 2030
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The qualitative report published by Exactitude Consultancy research on the “Small Satellite Services Market offers an in-depth examination of the current trends, latest expansions, conditions, market size, various drivers, limitations, and key players along with their profile details. The Small Satellite Services market report offers the historical data for 2018 to 2023 and also makes available the forecast data from the year 2024 to 2030 which is based on revenue. With the help of all this information research report helps the Market contributors to expand their market positions. With the benefit of all these explanations, this market research report recommends a business strategy for present market participants to strengthen their role in the market. This report analyzes the impact of the Covid 19 pandemic on the Small Satellite Services Market from a Global and Regional perspective.
The global small satellite services market is expected to grow at 15.30 % CAGR from 2024 to 2030. It is expected to reach above USD 15.67 Billion by 2030 from USD 4.35 Billion in 2023.
For The Full Report Click here:
https://exactitudeconsultancy.com/reports/19719/small-satellite-services-market/
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maryyclark · 2 months ago
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Fixed Satellite Services (FSS) Industry Report: Global Market Manufacturers, Outlook and Growth till forecast
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Leading Forces in the Fixed Satellite Services (FSS) Market: Forecasts and Key Player Insights Through 2032
This Global Fixed Satellite Services (FSS) research report offers a comprehensive overview of the market, combining both qualitative and quantitative analyses. The qualitative analysis explores market dynamics such as growth drivers, challenges, and constraints, providing deep insights into the market's present and future potential. Meanwhile, the quantitative analysis presents historical and forecast data for key market segments, offering detailed statistical insights.
According to Straits Research, the global Fixed Satellite Services (FSS) market size was valued at USD 18.27 Billion in 2021. It is projected to reach from USD XX Billion in 2022 to USD 27.32 Billion by 2030, growing at a CAGR of 4.57% during the forecast period (2022–2030).
Who are the leading companies (Marketing heads, regional heads) in the Fixed Satellite Services (FSS) 
Eutelsat Communications S.A
Nigerian Communications Satellite Limited
Telesat Holdings
Intelsat S.A
Thaicom Public Company Limited
Arab Satellite Communications Organization
SES S.A.
SKY Perfect JSAT Group
Telenor Satellite AS
Singapore Telecommunications Limited.
We offer revenue share insights for the Fixed Satellite Services (FSS) Market, covering both publicly listed and privately held companies.
The report integrates comprehensive quantitative and qualitative analyses, offering a complete overview of the Fixed Satellite Services (FSS). It spans from a macro-level examination of overall market size, industry chain, and market dynamics, to detailed micro-level insights into segment markets by type, application, and region. This approach provides a holistic view and deep understanding of the market, covering all critical aspects. Regarding the competitive landscape, the report highlights industry players, including market share, concentration ratios, and detailed profiles of leading companies. This enables readers to better understand their competitors and gain deeper insights into the competitive environment. Additionally, the report addresses key factors such as mergers and acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts. In summary, this report is essential reading for industry players, investors, researchers, consultants, business strategists, and anyone with a stake or interest in entering the market.
Get Free Request Sample Report @ https://straitsresearch.com/report/fixed-satellite-services-market/request-sample
The report integrates comprehensive quantitative and qualitative analyses, offering a complete overview of the Fixed Satellite Services (FSS) markets. It spans from a macro-level examination of overall market size, industry chain, and market dynamics, to detailed micro-level insights into segment markets by type, application, and region. This approach provides a holistic view and deep understanding of the market, covering all critical aspects. Regarding the competitive landscape, the report highlights industry players, including market share, concentration ratios, and detailed profiles of leading companies. This enables readers to better understand their competitors and gain deeper insights into the competitive environment. Additionally, the report addresses key factors such as mergers and acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts. In summary, this report is essential reading for industry players, investors, researchers, consultants, business strategists, and anyone with a stake or interest in entering the market.
Global Fixed Satellite Services (FSS) Market: Segmentation
By Service Type
Broadband and Enterprise Network
Channel Broadcast
Backhaul Services
Wholesale
Managed Services
By Organization Size
Small and Medium Businesses
Small and Home Offices
Large Enterprises
By Industry Vertical
Government
Education
Aerospace and Defence
Retail
Oil and Gas
Telecom and IT.
Media and Entertainment
Others
Explore detailed Segmentation from here: @ https://straitsresearch.com/report/fixed-satellite-services-market/segmentation
The report forecasts revenue growth at all geographic levels and provides an in-depth analysis of the latest industry trends and development patterns from 2022 to 2030 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:
North America (U.S., Canada)
Europe (U.K., Germany, France, Italy)
Asia Pacific (China, India, Japan, Singapore, Malaysia)
Latin America (Brazil, Mexico)
Middle East & Africa
This Report is available for purchase on Buy Fixed Satellite Services (FSS) Market Report
Key Highlights
To explain Fixed Satellite Services (FSS) the following: introduction, product type and application, market overview, market analysis by countries, market opportunities, market risk, and market driving forces
The purpose of this study is to examine the manufacturers of Fixed Satellite Services (FSS), including profile, primary business, news, sales and price, revenue, and market share.
To provide an overview of the competitive landscape among the leading manufacturers in the world, including sales, revenue, and market share of Fixed Satellite Services (FSS) percent
To illustrate the market subdivided by kind and application, complete with sales, price, revenue, market share, and growth rate broken down by type and application
To conduct an analysis of the main regions by manufacturers, categories, and applications, covering regions such as North America, Europe, Asia Pacific, the Middle East, and South America, with sales, revenue, and market share segmented by manufacturers, types, and applications.
To investigate the production costs, essential raw materials, production method, etc.
Buy Now @ https://straitsresearch.com/buy-now/fixed-satellite-services-market
About Us:
StraitsResearch.com is a leading research and intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & research reports.
Contact Us:
Address: 825 3rd Avenue, New York, NY, USA, 10022
Tel: +1 6464807505, +44 203 318 2846
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trendingrepots · 2 months ago
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Satellite Communication Market - Forecast, 2024-2030
Satellite Communication Market Overview
The Market for Satellite Communication is projected to reach $15.18 billion by 2030, progressing at a CAGR of 9.4% from 2024 to 2030. Satellite communication refers to the transmission of data, voice, and video signals using artificial satellites as relay stations. This technology enables communication over long distances, including areas where traditional terrestrial communication infrastructure is unavailable or impractical. Satellite communication systems typically involve the use of ground stations to uplink data to orbiting satellites, which then downlink the data to other ground stations or directly to end-users. These systems are employed in various applications, including telecommunications, broadcasting, navigation, remote sensing, and military operations. The rising demand for various applications such as audio broadcasting and voice communications in end-user industries is analyzed to fuel the growth of the satellite communication industry. The significant adoption of direct-to-home (DTH) in media and entertainment applications is set to positively impact the growth of the market as satellite communication plays a crucial role in communication in providing subscribers with high-quality content. An increase in the use of High Throughput Satellite (HTR) and Low Earth Orbit Satellite for high-speed broadcasting satellite services, cellular backhaul, and other value-added services such as video conferencing, VOIP is set to be the major driver for the growth of the market. The rising adoption of satellite telemetry, automatic identification systems, and Very Small Aperture Terminal markets with improved uplink frequency will drive the market growth.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞
Report Coverage
The report based on: “Satellite Communication Market – Forecast (2024-2030)”, by IndustryARC covers an in-depth analysis of the following segments. By Technology: Satellite Telemetry, AIS, VSAT and Others. By Communication Network: Satellite Internet Protocol Terminals, Gateways, Modems and others. By Satellite Services: FSS, BSS, MSS, RNSS, Metrological Satellite Services, SBS, RSS. By Communication Equipment: Network Equipment, Consumer Devices. By End User: Commercial (Power and Utilities, Maritime, Mining, Healthcare, Telecommunication & others), Government & Military (Space Agencies, Defence, Academic Research & others). By Geography: North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, and Others), APAC (China, Japan India, South Korea, Australia and Others), South America (Brazil, Argentina and others), and ROW (Middle East and Africa).
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Key Takeaways
Media and Entertainment is set to dominate the satellite communication market owing to the rising demand from a growing population. This is mainly attributed to the increasing demand for the internet and online streaming services such as Amazon Prime Video, Netflix and so on.
North America has dominated the market share in 2023, however APAC is analysed to grow at highest rate during the forecast period due to the high implementation of 5G in the mobile broadband technologies.
Deployment of 5G, requiring high bandwidth for communication is set to drive the market during the forecast period 2024-2030.
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marketingreportz · 2 months ago
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CubeSat Global Market - Forecast(2024–2030)
1. Market Overview
Size and Growth: The CubeSat market was valued at approximately USD 210 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of over 15–20% by 2030. The expansion is driven by demand from commercial, governmental, and educational sectors.
Key Regions: The major regions contributing to CubeSat production and deployment are North America (with the U.S. leading), Europe, and Asia-Pacific (with rising interest from countries like India, China, and Japan).
Launches: A significant number of CubeSats have been launched in recent years, with forecasts predicting thousands more to be deployed by 2030 as launch costs continue to decline due to innovations in reusable rockets (like SpaceX’s Falcon 9).
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2. Applications
CubeSats are used in a range of applications, with many sectors contributing to market growth:
Earth Observation: Used for environmental monitoring, disaster management, climate research, and agricultural data collection.
Communication: CubeSats can be used to provide Internet of Things (IoT) services, global communications, and serve as part of a broader network of satellites for data relay.
Scientific Research: Universities and research institutions are increasingly using CubeSats for space experiments, space weather studies, and astronomical observations.
Defense and Security: Government organizations use CubeSats for surveillance, reconnaissance, and intelligence gathering.
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3. Market Drivers
Lower Costs: CubeSats are much cheaper to build and launch than traditional satellites, making them more accessible to both private companies and educational institutions.
Miniaturization of Technology: Advancements in electronics, power systems, and communications have allowed powerful capabilities to be incorporated into CubeSats despite their small size.
Standardization: The CubeSat format (often measured in units, or “U” — typically 1U, 2U, 3U, etc.) has become a global standard, simplifying production, integration, and launch processes.
Government Funding: Space agencies such as NASA, ESA (European Space Agency), and private sector organizations are heavily investing in CubeSat technology for their missions.
4. Challenges
Regulatory Hurdles: As more CubeSats are deployed, concerns around orbital debris and spectrum allocation have led to stricter regulatory oversight.
Space Debris: The increased number of CubeSats adds to the problem of space debris, requiring better end-of-life disposal solutions.
Limited Lifespan: CubeSats have a shorter operational lifespan compared to traditional satellites, typically lasting 1–2 years.
Inquiry Before Buying:
5. Key Players
Several companies and organizations are shaping the CubeSat market:
Planet Labs: Known for its large constellation of Earth observation CubeSats.
Spire Global: Offers CubeSat-based data services for weather forecasting and tracking ships and aircraft.
NanoAvionics: Specializes in building CubeSats and providing satellite solutions to other businesses.
Tyvak Nanosatellite Systems: A leading company in CubeSat development and launch services.
AAC Clyde Space: A European company that provides CubeSat platforms and related technology.
6. Future Outlook
Growth of Mega-Constellations: Companies like SpaceX and Amazon are planning to deploy massive constellations of small satellites, including CubeSats, to provide global internet coverage.
Advanced Capabilities: Future CubeSats are expected to become more capable, with better propulsion systems, advanced sensors, and autonomous operations.
International Collaboration: As the market grows, collaborations between space agencies, universities, and private companies across borders will continue to spur innovation and expand the CubeSat ecosystem.
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7. Investment and Funding
Venture capital and private investments in the space sector are rising, with CubeSat ventures receiving a significant share. Startups in this field are attracting funding for new technologies in propulsion, data analytics, and satellite servicing.
In conclusion, the CubeSat market is set for robust growth, supported by technological advancements, expanding use cases, and decreasing launch costs. The sector is expected to play a crucial role in the broader new space economy, with widespread applications across industries.
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The United States has been leading the way in CubeSats innovation right from their inception. NASA, in cooperation with academic institutions, has played a pivotal role in driving forward CubeSat technology. It has established the CubeSat standard, which has become the worldwide yardstick for CubeSat design. NASA’s CubeSat Launch Initiative (CSLI) regularly presents opportunities for CubeSat developers to catch a ride to space on a variety of missions.
For more about CubeSat Global Market click here
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trendingreportz · 2 months ago
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Millimeter Wave Technology Market - Forecast(2024 - 2030)
Millimeter Wave Technology Market Overview
Millimeter Wave Technology Market is analysed to grow at a CAGR of 18.9% during the forecast 2021-2026 to reach $2.56 billion by 2026. Millimeter radio waves also known as Millimeter band which is electromagnetic waves with wavelength between 1 and 10 Millimeters. They have respective frequencies ranging from 30-300 GHz with respect to the applications. The Millimeter wave technology is applied mainly in Radio Detection and Ranging (RADAR) systems. The increasing demand of higher data transmission technologies and product miniaturization to offer high bandwidth tend to significantly drive the Millimeter wave technology market during the forecast period. Moreover, with the increasing trend of multi-input multi-output (MIMO) communications, MMW is been offering interest in understanding the capabilities of low-complexity approaches such as beamforming that require only a single RF chain in MMW systems. This application further helps in spatial processing for sensing and integrating information pertaining to a location in space which tends to uplift its market growth in the Aerospace sector. However, for most Millimeter wavebands, rain attenuation leads to a few dB of additional path loss within the distance range of 1 km which degrades the signal caused by the electromagnetic interference. Consequently, MMW technology is extensively utilized in various services such as radio broadcaster, remote sensing, automotive radars, wireless sensing, imaging and others which is analysed to create huge market growth across the globe.
Report Coverage
The report: “Millimeter Wave Technology Industry Outlook – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Millimeter Wave Technology Market.
By Product Type: Scanner Systems (Active Systems, Passive Systems), Radar and Satellite Communications Systems (Perimeter Surveillance Radar Systems, Application-Specific Radar Systems and Satellite Communication Systems), Telecommunication Equipment (Small-Cell Equipment, Macrocell Equipment) and Others.
By Frequency Band: 24 GHz to 57 GHz, 57 GHz to 86 GHz, 86 GHz to 300 GHz and Others.
By License Type: Light Licensed, Unlicensed and Fully Licensed.
By Component: Antennas & Transceiver Components, Frequency Sources, Communication & Networking, Imaging Components, RF & Radio Components, Sensors & Controls, Power & Battery Components, Interface Components and Others.
By End-Use Industry: Mobile & Telecommunication, Consumer Electronics, Automotive, Healthcare, Industrial, Aerospace & Défense and Others.
By Geography: North America(U.S., Canada and Mexico); Europe(U.K., Germany, Italy, France, Spain, Russia, Rest of Europe); APAC (China, Japan, South Korea, India, Australia, Rest of APAC); South America(Brazil, Argentina, Rest of Americas); RoW (Middle East & Africa).
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Key Takeaways
Increasing demand of Broadband and high mobile speeds across the globe is analysed to significantly drive the Millimeter Wave Technology Market during the forecast period 2021-2026.
Antennas & Transceiver Components are analysed to hold significant share in 2020 owing to its increasing adoption in the automotive sector for AEB (automatic emergency braking) applications.
Mobile & Telecommunication sector is expected to hold the highest market share in the forecast period among other end-use industries owing to the increasing demand for wireless communications technologies and its huge adoption in different smartphones.
Asia-Pacific is analysed to hold the highest share in 2020 owing to the extensive application of Millimeter wave technology in telecommunications and mobile applications and increasing production of smartphones in this region.
Millimeter Wave Technology Market Segment Analysis - By Component
By Component, the Millimeter Wave Technology Market Report is segmented into Antennas & Transceiver Components, Frequency Sources, Communication & Networking, Imaging Components, RF & Radio Components, Sensors & Controls, Power & Battery Components, Interface Components and Others. Antennas & Transceiver components is analysed to hold highest share 21.56% in 2020 owing to its increasing adoption in automotive sector. Millimeter wave technology has profoundly impacted the evolution of the radar sensors and has offered significant capabilities and efficiency improvements. The automotive industry is expected to benefit from this development. The increasing AEB (automatic emergency braking) applications in the 77 GHz radar system is one such indicator which tend to bring major opportunities for its market growth during the forecast period. With the recent focus on safety, such as the release of new federal guidance for automated vehicles, such as Automated Vehicles 3.0 by the National Highway Traffic Safety Administration (NHTSA), the market potential has been extended for use in the mid-end cars which tend to bring significant growth in its demand during the forecast period.
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Millimeter Wave Technology Market Segment Analysis - By End-Use Industry
By End-Use Industry, the Millimeter Wave Technology Market Report is segmented into Mobile & Telecommunication, Consumer Electronics, Automotive, Healthcare, Industrial, Aerospace & Défense and Others. Mobile & Telecommunication sector is analysed to hold the highest share during the forecast period 2021-2026. The Millimeter waves are considered to be the key enabling technology for successful deployment of 5th generation wireless communication network across the globe which is a major growing factor for its market growth in Mobile & Telecommunication sector. Increasing investment and adoption of 5G technology network is expected to create a huge demand for Millimeter wave technology equipment. The telecommunication industry is going under a radical change with the growing data consumption and limited bandwidth. Moreover, in last few years, the production and sales of smartphones, tablets and other mobile devices has brought a significant growth in the demand for wireless connectivity solutions. For instance, according to Global System for Mobile Communications Association (GSMA) Mobile economy report 2021, there were approximately 5.2 billion unique mobile subscribers in 2020 which was forecasted to reach 5.7 billion by the end of 2025 among which smartphones accounted for 60% of the connections and it is expected that the number would reach approximately six billion in 2026, with an 80% share of smartphones. This tend to bring significant growth in the demand of Millimeter wave technologies for supreme wireless connectivity solutions, further driving its market growth during the forecast period.
Millimeter Wave Technology Market Segment Analysis – By Geography
Asia-Pacific is analysed to be the major region with a share of 35% in 2020 for the Millimeter Wave Technology Market owing to the increasing application of Millimeter wave technology in Mobile & Telecommunication sector. Asia Pacific Millimeter wave technology market is primarily driven by increasing data consumption that has created the demand for efficient wireless backhaul solutions which tend to uplift the demand of telecommunication equipment further driving the market growth in this region. Moreover, with increasing infrastructural investment to set up 5th generation wireless network is analysed to be a driving factor for the growth of Millimeter wave technology in this region during the forecast period. For instance, as per the CISCO VNI, Asia Pacific accounted for 47% of global data traffic in 2021. This tend to create huge demand for the high bandwidth data transmission solutions which further drive the Millimeter wave technology market growth. Moreover, according to India Brand Equity Foundation (IBEF), mobile phone exports in India reached a record of $ 1.5 billion in 2020, of which 98% are expected to be smartphones. This increasing production of smartphones in this region is anticipated to bring huge demand for high broadband and mobile speed technologies which will drive the market growth of Millimeter wave technology in this region.
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Millimeter Wave Technology Market Drivers
Increasing demand of broadband and 5G connectivity solutions will enhance Millimeter wave technology market growth
High broadband speed is a crucial part for a wide range of end-use applications. With the increasing demand of broadband speed improvements which has resulted in increased consumption of high-bandwidth content tend to be a major driving factor for the market growth of Millimeter wave technology during the forecast period. In the next few years, the global average broadband speed is expected to grow from 62.5 Mbps to >130 Mbps owing to several factors such as deployment and adoption of fibre-to-the-home (FTTH), high-speed DSL and cable broadband adoption, as well as overall broadband penetration. These factors have brought growth in the adoption of various Millimeter wave technologies further driving its market growth during the forecast period. According to Organization for Economic Co-operation and Development (OECD), the communication network and service environment would become more complex by 2023, and the 5G technology market would witness immense growth due to the ongoing advancements in 5G network infrastructure. The unique characteristics of Millimeter waves enable near-line-of-sight wireless networks and make point-to-multipoint technology possible, enabling a single transmitter to serve multiple transceivers at various locations. This tend to drive its market growth during the forecast period.
Increasing application of Millimeter wave technology to reduce data traffic will propel the Millimeter Wave Technology Market
With the increasing users of smartphones and adoption of cloud-based services across various end-users, the data traffic issue has been a major factor that disrupts their working efficiency through latency and data crash. Data traffic refers to the amount of data which is transferred between the internet and the hosting account on the web server. With the user moving towards more data intensive content such as video streaming, augmented reality, voice over data, 4K video, increasing number of internet user on smart phone etc. data traffic is expected to rise in future. Growing data traffic creates bandwidth complexities and network congestion. For instance, according to Cisco Internet Annual Reports, 5G connection will generate nearly 3 times more traffic than a 4G connection by 2023 among which IoT devices will account for 50% of all networked devices. With the implementation of Millimeter wave technology, it is easy to transmit large amount of data as the frequency is directly proportional to bit rates. Thus, the Millimeter waves are suitable for transmission of digital data, cellular communications. This creates need for efficient wireless mobile backhaul. These features uplift its demand across various end-use industries using cloud-based services, further driving its market growth.
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Millimeter Wave Technology Market Challenges
Low penetration power through obstacles is analysed to hamper Millimeter Wave Technology Market growth
While Millimeter wave technology offers massive advantages over other radio frequencies but on the other hand, they also have some disadvantages which include low penetration power through obstacles. Millimeter waves are not capable of bouncing off physical objects which disrupts the connectivity and bring major challenges for its adoption especially in closed locations. Obstacles such as tree branches and walls can interfere and absorb the transmission and halt the signal. Additionally, Millimeter waves are more expensive than other commonly used frequencies. This makes the technology almost inaccessible for smaller companies that do not have the finances. Currently, mobile network providers are focused on building Millimeter wave-friendly 5G infrastructure. Moreover, rise in environmental concerns and adverse impact by Millimeter wave technology on the environment hamper its market growth across the globe.
Millimeter Wave Technology Market Landscape
Production Innovation, Acquisitions, Collaboration, and R&D activities are key strategies adopted by players in the Millimeter Wave Technology Market. In 2020, the market of Millimeter Wave Technology industry outlook has been fragmented by several companies. Millimeter Wave Technology top 10 companies include:
Axxcss Wireless Solutions
NEC Corporation
Siklu Communication
L3 HARRIS
Smiths Group
Eravant,
Aviat Networks
Farran Technologies
Millimeter Wave Products
Keysight Technologies
Acquisitions/Technology Launches/Partnerships
In March 2020, Keysight technologies and VIOMI, the pioneer of IoT@Home, announced their strategic partnership to advance 5G enabled IoT smart homes. Keysight’s 5G solutions were chosen by VIOMI to test the radio frequency (RF) performance of the company’s IoT devices for home applications. This will enhance the market growth of MMW technology in consumer electronics sector.
In January 2020, NEC Corporation launched their new Millimeter-wave distributed antenna radio unit to make better use of the 5G Millimeter-wave spectrum (28 GHz band). This will uplift channel quality for indoor 5G applications, further driving MMW technology market growth.
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omshinde5145 · 3 months ago
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Dark Fiber Market Share, Key Market Players, Trends & Forecast, 2024–2030
The Dark Fiber Market was valued at USD 6.4 billion in 2023 and will surpass USD 12.5 billion by 2030; growing at a CAGR of 10.0% during 2024 - 2030. the importance of robust, high-speed, and reliable communication networks cannot be overstated. While much attention has been focused on innovations like 5G, satellite internet, and cloud computing, one critical component operates largely in the shadows: dark fiber. This article delves into the dark fiber market, exploring its significance, growth drivers, and future potential.
Dark fiber refers to unused or unlit optical fibers that have been laid down but are not currently in use by any service provider. These fibers, also known as unlit fiber, are often laid during the construction of telecom networks but remain dormant until they are needed. The term "dark" refers to the fact that no light pulses are being sent through the fibers, as they are not yet connected to any transmission equipment.
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The Growth of the Dark Fiber Market
The dark fiber market has witnessed significant growth in recent years, driven by several factors:
Data Explosion: The exponential growth in data traffic, fueled by the proliferation of IoT devices, cloud computing, and video streaming services, has created an insatiable demand for bandwidth. Service providers are increasingly turning to dark fiber to meet this demand, as it allows them to quickly and cost-effectively expand their network capacity.
5G Rollout: The deployment of 5G networks is a key driver of dark fiber demand. 5G requires a dense network of small cells, each of which needs to be connected by high-speed fiber-optic cables. Dark fiber provides the necessary infrastructure to support these connections, making it a critical component of 5G networks.
Enterprise Demand: Large enterprises, particularly those in data-intensive industries such as finance, healthcare, and technology, are increasingly opting for dark fiber to secure dedicated, private networks. This approach offers greater control over network performance, security, and scalability, making it an attractive option for businesses with high data demands.
Cost-Effectiveness: Leasing dark fiber can be more cost-effective in the long run compared to leasing lit fiber services. By using dark fiber, companies can light and manage the fiber themselves, offering flexibility and potentially reducing costs as their data needs grow.
Government and Infrastructure Projects: Governments around the world are investing in digital infrastructure to boost economic growth and ensure future connectivity. These initiatives often include the deployment of dark fiber to provide a scalable foundation for future communication networks.
Market Segmentation
The dark fiber market can be segmented based on various criteria, including:
Fiber Type: Single-mode vs. multi-mode fibers.
Network Type: Metro vs. long-haul networks.
Application: Telecom, BFSI (Banking, Financial Services, and Insurance), healthcare, IT, and others.
Geography: North America, Europe, Asia-Pacific, and other regions.
North America currently dominates the dark fiber market, driven by the high demand for advanced communication infrastructure and the presence of major technology companies. However, Asia-Pacific is expected to witness the highest growth rate in the coming years, fueled by rapid urbanization and increasing investments in 5G and smart city projects.
Challenges in the Dark Fiber Market
Despite its growth potential, the dark fiber market faces several challenges:
High Initial Costs: The cost of deploying dark fiber can be substantial, especially for long-haul networks. This can be a barrier for smaller companies or those with limited budgets.
Maintenance and Management: While dark fiber offers flexibility, it also requires companies to manage and maintain the network themselves, which can be resource-intensive.
Regulatory Hurdles: In some regions, regulatory challenges can slow down the deployment of dark fiber networks. Navigating these hurdles requires careful planning and a thorough understanding of local regulations.
Competition from Lit Fiber Providers: Some companies may prefer to lease lit fiber services from traditional telecom providers, which can offer easier management and bundled services. This competition can impact the growth of the dark fiber market.
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The Future of Dark Fiber
The future of the dark fiber market looks promising, with several trends expected to drive its growth:
Edge Computing: The rise of edge computing, which brings data processing closer to the source of data, will increase the demand for dark fiber. As more data is processed at the edge, the need for high-capacity, low-latency networks will grow, making dark fiber an attractive option.
Smart Cities: The development of smart cities, which rely on interconnected devices and systems to improve urban living, will require extensive fiber networks. Dark fiber will play a key role in supporting the infrastructure needed for smart city initiatives.
Global Connectivity: As the world becomes increasingly interconnected, the demand for international and intercontinental fiber-optic networks will rise. Dark fiber will be essential in enabling these global connections, supporting everything from international business operations to global internet traffic.
Conclusion
The dark fiber market is a silent powerhouse in the world of modern connectivity, providing the backbone for many of the technologies and services we rely on today. As data demands continue to soar and new technologies emerge, the importance of dark fiber will only grow. Companies and governments alike are recognizing the strategic value of dark fiber, and its market is poised for significant expansion in the years to come. Whether you're an investor, a telecom provider, or an enterprise with high data needs, dark fiber represents a key opportunity in the evolving landscape of global connectivity.
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market-insider · 6 months ago
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Market Dynamics of Nanosatellite And Microsatellite Products: Analyzing Current Size, Share, and Growth Trends
The global nanosatellite and microsatellite market size is expected to reach USD 13.89 billion by 2030, growing at a CAGR of 23.3% from 2022 to 2030, according to a new report by Grand View Research, Inc. The upsurge in Earth observation missions and the development of Small Satellite Launch Vehicles (SSLVs) are expected to propel the growth of the market. For instance, in February 2022, EOS-04, an Earth observation satellite, was launched into a sun-synchronous polar orbit by India's Polar Satellite Launch Vehicle PSLV-C52. The satellite weighs 1,710 kg and provides high-quality photographs.
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Nanosatellite And Microsatellite Market Report Highlights
The nanosatellites segment is expected to grow at a significant CAGR over the forecast period. The progression toward low-cost satellite-based internet services is enabling a transition toward the adoption of these satellites
The Earth observation/remote sensing segment growth can be attributed to the development of low-mass and low-power navigation sensors for small satellites, which provides impetus to new remote sensing and Earth observation missions
The civil segment is expected to grow at a CAGR of more than 24% over the forecast period as the commercialization of small satellites introduces academic institutions and research organizations to the space technology
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period owing to increased nanosatellite launches by various academic institutions and increased government support for developing space programs
For More Details or Sample Copy please visit link @: Nanosatellite And Microsatellite Market Report
The emerging role of small satellites in the telecom sector has enabled telecom providers to accelerate 5G deployment globally, in addition to creating market opportunities for the satellite communication (Satcom) industry stakeholders. Developing small satellites for 5G deployment can particularly benefit in the form of wide-area coverage, cost-effectiveness, and reliability. Latest technologies such as new solar panel cell technology and star tracker technology are allowing providers of small satellites to strengthen their position in the broader satellite industry.
For instance, in January 2022, Sateliot, a nanosatellite and telecommunications operator based in Spain, signed a Memorandum of Understanding (MoU) with the European Space Agency, an intergovernmental organization of 22 member countries devoted to space exploration, to assess, develop, and enforce innovative products, technologies, and services with space capability using 5G. The company intends to invest approximately 100 million Euros in launching a fleet of 20 nanosatellites for 5G network design, mixed terrestrial space networks, spectrum exchange, and spectrum management.
The growth of the communications sector and the continued adoption of Internet of Things (IoT) are expected to create growth opportunities in the market. The continued adoption of IoT would particularly encourage start-ups to launch their small satellites. For instance, Hiber launched its first nanosatellite in 2019 to deliver internet connectivity to remote locations using a Hiberband modem and support potential IoT projects globally. In November 2021, Fleet Space Technologies Pty Ltd acquired USD 26 million in Series B funding to accelerate the development of its nanosatellite internet of things connectivity fleet.
The IoT nanosatellite fleet facilitates two-way communications in rural locations with inadequate mobile phone and broadband connectivity. Government support is the key factor encouraging companies to launch nanosatellites and microsatellites for communication and navigation, Earth observation, and remote sensing applications. However, frequent delays in satellite launches are leading to skepticism. Nevertheless, independent launch vehicles are being developed and low-cost sensors are being manufactured by the key companies, which is expected to help overcome the growth barriers.
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researchinsights24 · 11 months ago
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Small Satellite Market Fuels by Space Enterprises Revolutionization
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Small satellites can weigh from 1 to 500 kg with lower power consumption and costs as compared to traditional satellites. They play an indispensable role in communication, earth observation and navigation applications. Increasing investment in developing nations for Earth Observation satellites is driving the small satellite market. Small satellites provide high-resolution imagery at lower costs for applications like agricultural monitoring, natural disaster management and urban planning. They have also found utility in providing broadband connectivity in remote areas. The global small satellite market is estimated to be valued at US$ 4.51 Bn in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Dynamics Growing demand for Earth Observation applications: Growing need for high-resolution imagery for monitoring agricultural land, natural resources, disaster management and urban development is driving demand for small satellites. Developing economies are increasingly investing in Earth Observation programs to gain insights for strategic development planning. For example, Indian Space Research Organization (ISRO) launched an Earth Observation satellite EOS-03 to study agricultural crops and natural resources. Rising investments in communication constellations: Several companies are investing heavily in developing constellations of small satellites to provide broadband communication services globally. For instance, SpaceX plans to launch around 42,000 Starlink satellites into low Earth orbit to provide high-speed internet connectivity. Amazon has been approved to launch over 3,000 Kuiper satellites to offer broadband services. Such large constellations will majorly contribute to small satellite market growth. SWOT Analysis Strength: The small satellite market offers various advantages over traditional large satellites. Small satellites have a short development cycle and lower capital cost. They help reduce the risk of launch failure as multiple small satellites can be launched together. Weakness: Reliability and performance of small satellites are still limited compared to traditional large satellites. Their small size also restricts payload and operational capabilities. Manufacturing of miniaturized components for small satellites remains technically challenging. Opportunity: Growth in satellite-based internet services and remote sensing is driving demand for small satellites. Constellations of small satellites can provide global connectivity and Earth observation. Government investments and private funding are supporting small satellite technology development. Threats: Traditional satellite manufacturers are entering the small satellite market with technological capabilities. Competition from new space companies and lowering launch costs pose threats. Dependency on few launch vehicle providers can impact business plans of small satellite companies. Key Takeaways The Global Small Satellite Market Size is expected to witness high growth over the forecast period of 2023 to 2030 driven by increasing constellations for space-based internet. Regional analysis: North America currently dominates the small satellite market owing to presence of major players and government funding for technology development in the region. Asia Pacific is expected to be the fastest growing market due to increasing satellite launches and remote sensing projects by China, India and other emerging economies. Key players: Key players operating in the small satellite market are One10 LLC, 360 Destination Group, CWT Meetings & Events, ITA Group, ConferenceDirect, Experient, Inc., Eventbrite, Cvent Inc, Reed Exhibitions, Informa plc, Emerald Expositions, BCD Meetings and Events, ATPI Ltd., Interpublic Group, Ruckus Marketing, LLC, Hubb, Freeman, Maritz, BI Worldwide, Conference Care Ltd. Small satellite manufacturers and newspace companies like SpaceX are also enhancing capabilities.
For More Insights, Read: https://www.newsstatix.com/small-satellite-market-trends-growth-and-regional-outlook-2023-2030/
Related Reports: https://allmeaninginhindi.com/navigating-the-evolving-landscape-of-enterprise-artificial-intelligence-solutions/
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datadiscoveriesdaily · 1 year ago
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Global Satellite IoT Market as a Service Market 2023: Global Industry Analysis, Size, Share, Growth, Trends and Forecast to 2030
The Satellite Internet of Things (IoT) market is witnessing remarkable growth, propelled by the ever-expanding landscape of connected devices and the insatiable demand for seamless communication across diverse industries. The overview of the Satellite IoT market reveals a dynamic ecosystem where satellite technology plays a pivotal role in facilitating connectivity beyond the constraints of terrestrial networks. As industries embrace digital transformation, the need for ubiquitous, reliable, and global communication has become imperative, driving the Satellite IoT market to the forefront of technological innovation.
Several drivers fuel the robust expansion of the Satellite IoT market. Foremost among these is the scalability and global reach that satellite technology provides. Unlike traditional terrestrial networks, satellite IoT enables connectivity in remote and inaccessible areas, making it an indispensable solution for industries such as agriculture, maritime, and logistics. The proliferation of small satellites, coupled with advancements in miniaturization and cost reduction, has further accelerated the adoption of satellite-based IoT services. This surge in connectivity has empowered businesses with real-time data acquisition, enabling enhanced decision-making processes and operational efficiency.
However, the Satellite IoT market is not without its restraints. One significant challenge is the cost associated with satellite deployment and maintenance. While advancements have lowered the overall expense, the initial investment remains substantial for some businesses, particularly smaller enterprises. Additionally, concerns regarding spectrum allocation and regulatory frameworks pose challenges to the market's growth. As the Satellite IoT ecosystem expands, collaboration between industry stakeholders and policymakers becomes crucial to address regulatory hurdles and ensure a conducive environment for market development.
Despite challenges, several growth factors continue to propel the Satellite IoT market forward. The increasing adoption of satellite communication for mission-critical applications, such as asset tracking, environmental monitoring, and emergency response, underscores the market's significance. Moreover, the ongoing development of Low Earth Orbit (LEO) satellite constellations by industry giants has the potential to revolutionize the landscape by offering low-latency, high-throughput connectivity on a global scale. These constellations promise to usher in a new era of connectivity, catering to diverse sectors and fostering innovation in IoT applications.
In this dynamic landscape, technological advancements play a pivotal role in shaping the Satellite IoT market. Innovations such as advanced antenna technologies, improved energy efficiency of satellite devices, and the integration of Artificial Intelligence (AI) for data analytics contribute to the market's evolution. As businesses increasingly recognize the value of data-driven insights, the demand for sophisticated satellite IoT solutions is poised to grow.
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In conclusion, the Satellite IoT market is experiencing unprecedented growth, driven by a confluence of factors that include global connectivity needs, technological advancements, and the proliferation of connected devices. While challenges such as cost and regulatory complexities persist, the market's trajectory remains optimistic. The continued integration of satellite technology into the IoT ecosystem holds the potential to redefine industries, enhance operational capabilities, and foster innovation in an increasingly interconnected world. As stakeholders collaborate to address challenges and leverage growth opportunities, the Satellite IoT market is poised to play a pivotal role in shaping the future of connected solutions across diverse sectors.
Market segment by players, this report covers
    ORBCOMM
    Iridium Communication
    Global-star
    Inmarsat Global Limited
    Astrocast
    Airbus S.A.S
    Intelsat Corporation
Market segment by Type
    Sat-IoT Backhaul Services
    Direct to Satellite Services
Market segment by Application
    Agriculture
    Oil & Gas
    Automotive
    Transportation & Logistics
    Energy & Utilities
    Healthcare
    Military & Defense
    Others
Market segment by regions, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
    South America (Brazil, Argentina and Rest of South America)
    Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
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certainrebelarbiter · 1 year ago
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Space Launch Services Market size, share 2030
The global space launch services market size was valued at USD 8.07 billion in 2022 and is expected to reach USD 9.15 billion in 2023. The market is projected to touch USD 20.54 billion by 2030, recording a CAGR of 12.2% during the forecast period of 2023-2030.
Space launch services help launch cargo, satellites, humans, and other payload into the earth’s orbit or in deep space to conduct exploration activities. The market has many public and private companies that provide these services at varying costs. There is a considerable rise in the number of modernization contracts between the National Aeronautics and Space Administration (NASA) and other key organizations companies to modernize rockets and their components.
3D printed rocket engines and other modifications in launch vehicles are a few of the examples of such agreements. The market is predicted to showcase consistent growth due to the introduction of emerging economies in the Asia Pacific region such as South Korea, Japan, and India. The space market in the Middle East is also estimated to grow at a steady rate due to the development of new spaceports to promote space launches in the region.
Fortune Business Insights™ displays this information in a report titled, "Space Launch Services Market, 2023-2030."
List of Key Players Profiled in the Space Launch Services Market Report:
Antrix Corporation Limited (India)
ArianeGroup SAS (France)
Lockheed Martin Corporation (U.S.)
China Great Wall Industry Corporation (China)
United Launch Alliance (U.S.)
Space Exploration Technologies Corp. (Space X) (U.S.)
Mitsubishi Heavy Industries, LTD. (Japan)
Northrop Grumman Systems Corporation (U.S.)
Spaceflight Industries (U.S.)
Roscosmos (Russia)
NASA (U.S.)
Jaxa (Japan)
CNSA (China)
Browse Detailed Summary of Research Report with TOC:
Segments:
LEO Segment to Hold Dominant Market Share Owing to Extensive Research in Low Earth Orbit
Based on orbit type, the market is divided into LEO, MEO, GEO, and others. The LEO segment might capture a dominant market share during the forecast timeframe. This growth can be attributed to the rising frequency of spaceflights to transport cargo to the International Orbital Station (ISS) and the launch of small satellites in space. These factors are expected to boost the LEO segment growth.
Small Lift Launch Vehicles to be Widely Used due to Rising Number of Small Satellite Constellations
By launch vehicle, the market is segmented into small lift launch vehicle, medium lift launch vehicle, and heavy lift launch vehicle. The small lift launch vehicle segment held a dominant position in the market in 2022. These vehicles are being widely used due to increasing number of small satellites mission.
Growing Need for Small Communication Satellites and Surveillance Systems to Bolster Deployment of Satellites
In terms of payload, the market covers satellite, human spacecraft, cargo, and testing probes. The satellite segment captured a large market share in 2022 and is expected to register the highest CAGR during the forecast timeframe. This is primarily due to the high global demand for earth observation and communication satellites.
Geographically, the market is divided into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Report Coverage:
The research report offers a detailed study of the market. It also looks into various key aspects, such as R&D capabilities and optimization of the production process. The market research report also provides valuable insights into the market trends and highlights key industry developments. Apart from the above-mentioned factors, the report also focuses on other factors contributing to the global market growth.
Drivers and Restraints:
Rising Public and Private Space Missions to Boost Market Growth
Many space launch services industry verticals are increasing their investments in space research. Government agencies across the globe are also taking initiatives to make heavy investments in R&D to create efficient and advanced technologies for space applications. For example, Space Capital LP, a U.S.-based venture capital company that invests in space-based technologies, added USD 7.2 billion to its 3% share of the total global venture capital flows during the first quarter of 2022. Such developments have boosted the number of satellites launches across the world for different purposes. As per a report published by the Satellite Industry Association (SIA), in 2021, 44% more satellites were launched as compared to 2020. These aspects will increase the global space launch market share.
Abandoned launcher stages, mission-related junk, non-functioning spaceships, and fragmented debris are some of the classic examples of orbital debris. The traveling speed of this debris can touch 17,500 miles per hour, which is fast enough for small particles to damage spacecraft and satellites. Rising volumes of space debris in deep space can threaten the functioning of all spacecraft, including the International Space Station. These factors are expected to hinder the market growth.
Regional Insights:
North America to Dominate due to Rising Adoption of Private Launch Services
North America dominates the space launch services market share and was valued at USD 3.53 billion in 2022. The regional market is growing rapidly due to the rising adoption of private launch services for commercial applications. Blue Origin and SpaceX are some of the key private players in North America operating in the market.
Competitive Landscape:
Growth in Joint Ventures by Key Players to Boost Market Growth
The global market growth is being positively impacted by the presence of top space launch services players such as Antrix Corporation Limited, Ariane Group, United Launch Alliance, SpaceX, and Ros cosmos. The per-kg launch cost is a crucial aspect in this market to help companies gain competitive advantage. Other factors, such as technological innovations and partnerships, will help firms reduce their overall cost and acquire more ride share missions.
Key Industry Development:
July 2022 – Virgin Orbit signed a deal to perform a launch operation in Brazil. The company aimed to launch its Launcher One system, a two-stage orbital launch vehicle from the Alcantara launch center.
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infofeasting · 2 years ago
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A Comprehensive Analysis of the Space Launch Services Market
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The market for Space Launch Services continues to grow, as more companies enter the sector and focus on cost-effective ways of delivering payloads. From a competitive landscape analysis to forecasts of future growth, this post provides a comprehensive overview of the space launch services market.
Overview of the Space Launch Services Market:
The Space Launch Services Market size was valued at USD 11.20 billion in 2021 and is predicted to reach USD 40.12 billion by 2030 with a CAGR of 13.6% from 2022 to 2030. This growth is driven by increased demand for heavy body satellites and robust investments in the development of payloads and access to remote areas on Earth. The market is expected to be driven by high potential in the Asia Pacific region and emerging technologies such as reusable launch vehicles.
North America is the leading region in the space launch services market. The United States has seen significant investments in the development of payloads, suborbital missions and launch vehicles. Additionally, the development of infrastructure for launches combined with increased space exploration and satellite launches are expected to boost demand for space launches.
Furthermore, Europe is likely to grow at a considerable rate owing to supportive regulations that allow commercialization of reusable launch vehicles (RLVs). Moreover, various countries such as India have developed advanced telemetry and tracking networks across the world which will propel demand for space launch services in the coming years.
Key Market Insights & Developments:
The top players in the space launch services market include Space Exploration Technologies Corp. (SpaceX), Orbital Sciences Corporation, Sierra Nevada Space Systems, Lockheed Martin, Boeing, United Launch Alliance, Virgin Galactic, Rocket Lab, Planet, and Capella Space.
Development of new and innovative technologies such as reusable launch vehicles is expected to drive the growth of this market. Additionally, collaborations between industry giants and start-ups are expected to increase the investments in R&D of orbital payloads and launches.
Moreover, technological advancements in autonomous docking systems, AI enabled control systems, and autonomous navigation system, have enabled the space launch services market to achieve operational efficiencies of lift off and rendezvous for precise arrival at the International Space Station.
The increasing number of contracts between space industry giants is one of the key factors contributing to the growth of this market. For instance, in April 2018 NASDA signed an agreement with NASA for launching JAXA (Japan Aerospace Exploration Agency) cargo mission to the International Space Station using SpaceX Falcon 9 rocket.
Factors Driving Demand within the Space Launch Services Sector:
The space launch services market is driven by a variety of factors, including growth in satellite launches, the cost effectiveness of re-useable rockets and the increasing cooperation between private companies and government agencies to pursue ambitions projects. Significant investments in research and development along with favourable government regulations have propelled the growth of this sector.
Additionally, privatisation efforts from major players along with advancement in propulsion technology are also expected to increase demand for space launch services over the forecast period. Growing demand for launching small satellites, such as nano or microsatellites presents a significant opportunity for space launch service providers as they are generally less expensive to manufacture.
Furthermore, the rise in number of private companies operating in the space sector has created an influx in space activities, which has translated into increased demand for satellite and rocket launches. To this end, the privatization of former state-owned organizations is expected to provide further stimulus to the growth of the market.
Additionally, technological advancements related to launch vehicles, such as re-usable rockets and automated take-offs are expected to drive growth within this segment over the forecast period.
Growth Opportunities and Challenges in the Space Launch Services Market:
The space launch services market offers attractive growth opportunities due to the variety of factors driving its expansion. For instance, rapid technological advancements in propulsion technology are enabling higher performance, flexibility and efficiency for satellite launches.
Globalisation is also proving beneficial for the sector as global companies focus on cost effectiveness which can be achieved through shared resources in a multi-player environment. On the other hand, operators in this market are facing certain challenges such as balancing increased competition, rising costs and volatile demand. Additionally, there is a lack of skilled professionals with adequate experience to handle these operations effectively.
To overcome the challenges and benefit from the opportunities mentioned above, many space launch services providers are exploring new business models to create strategic partnerships with customers. These alliances are helping cut overhead costs, secure more launch opportunities, and increase operational efficiency.
Additionally, market participants are also focusing on investments in research and development activities to develop advanced technologies for more accurate control over launches for extra payload. As a result of these activities, consumers can expect improved services in the near future.
Competition & Industry Consolidation Trends in the Space Launch Services Market:
One of the key trends in the space launch services market is increasing competition and industry consolidation, with multiple players vying for contracts from major satellite operators. This is primarily due to new entrants offering more competitive prices and better performance.
Additionally, increasingly cost-sensitive customers are increasingly opting for the lowest bidding contractors, resulting in further consolidation of the sector. To stay ahead of the competition, prominent market players are focusing on research & development activities to technology advancements including small launches.
Furthermore, some of the large market players are also entering into collaboration agreements with small companies and start-ups to develop payloads. Additionally, mergers and acquisition activities are increasing in the space launch services market due to desire for technological advancement as well as increase reach and decrease costs.
For instance, in 2020, Space Exploration Technologies Corporation (SpaceX) merged with USAF Space Venture in a bid to expand range of low-cost launch vehicles. This merger enabled SpaceX to get access to USAF’s portfolio of orbital and sub-orbital launches services.
Looking for an in-depth analysis of the space launch services market? This post covers all the details you need to stay up-to-date on the growth and trends in this sector.
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ketakicreation · 2 years ago
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spaceexp · 6 years ago
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Small-satellite launch service revenues to pass $69B by 2030
London, UK (SPX) Jan 09, 2019 Frost and Sullivan forecasts an estimated launch demand for 11,746 small satellites for new constellation installations and replacement missions by 2030. Such demand would take the small-satellite launch services market past the $69 billion mark and present significant growth opportunities throughout the industry. In order to keep up with market demand, Frost and Sullivan anticipates innov Full article
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abhigunjal · 6 years ago
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According to the new market research report "Rocket Propulsion Market by Type (Rocket Motor, Rocket Engine), Orbit (LEO, MEO, GEO, Beyond GEO), Launch Vehicle Type (Manned, Unmanned), End User (Military & Government, Commercial), Propulsion Type, Component, Region - Global Forecast to 2023", The rocket propulsion market is estimated to be USD 4.23 billion in 2018 and is projected to reach USD 6.36 billion by 2023, at a CAGR of 8.50% from 2018 to 2023. Increasing focus on reducing mission cost with the use of small satellites, combined with higher efficiency and technological advancements in rockets are expected to drive the growth of the rocket propulsion market during the forecast period. Reduction in cost is anticipated to provide impetus for small satellite missions and spacecraft buses that support the same. In addition, technological advancements are expected to further enhance the capabilities of small satellites and also cost less. Moreover, increasing commercial applications of the space industry are expected to lead to high-potential growth rate in future and are expected to fuel production and drive the rocket propulsion market during the forecast period.
Data Tables-60
Figures-48
Pages-153
In-depth TOC on "Rocket Propulsion Market - Global Forecast to 2023"
https://www.marketsandmarkets.com/Market-Reports/rocket-propulsion-market-131843671.html
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Based on type, the rocket engine segment is expected to lead the rocket propulsion market during the forecast period
Based on type, the rocket engine segment is expected to lead the rocket propulsion market during the forecast period. Growth of the rocket engine segment can be attributed to the increasing the number of launch service providers around the world, reduction in prices for launches, and the growing demand for reusable launch vehicles. Increasing capabilities of rocket engines and advanced technological options for second stage engine integration are expected to contribute to the growth of the rocket engine segment of the rocket propulsion market.
Based on end user, the military & government segment of the rocket propulsion market is anticipated to grow at the higher CAGR during the forecast period
Based on end user, the military & government segment of the rocket propulsion market is expected to grow at the higher CAGR from 2018 to 2023. Military communication & surveillance satellites have a high demand owing to the increasing need to boost national security. These satellites are intended to monitor the surface of the Earth to obtain valuable information to map, survey, monitor high-security areas, and other activities.
North America is estimated to account for the largest share of the rocket propulsion market in 2018
North America is estimated to lead the rocket propulsion market in 2018. Increasing demand for space launch services for various payloads, such as satellites, human spacecraft, missions to ISS, and testing probes is anticipated to drive the growth of the rocket propulsion market in North America. The region is investing significantly for the development of space tourism and exploration probe missions which is expected to add to the growth of rocket propulsion market.
Major players in the rocket propulsion market include Aerojet Rocketdyne (US), Orbital ATK (US), SpaceX (US), Antrix (India), and Mitsubishi Heavy Industries (Japan), among others.
Don’t miss out on business opportunities in Rocket Propulsion Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
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trendingreportz · 4 months ago
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Satellite Communication Market - Forecast, 2024-2030
Satellite Communication Market Overview
The Market for Satellite Communication is projected to reach $15.18 billion by 2030, progressing at a CAGR of 9.4% from 2024 to 2030. Satellite communication refers to the transmission of data, voice, and video signals using artificial satellites as relay stations. This technology enables communication over long distances, including areas where traditional terrestrial communication infrastructure is unavailable or impractical. Satellite communication systems typically involve the use of ground stations to uplink data to orbiting satellites, which then downlink the data to other ground stations or directly to end-users. These systems are employed in various applications, including telecommunications, broadcasting, navigation, remote sensing, and military operations. The rising demand for various applications such as audio broadcasting and voice communications in end-user industries is analyzed to fuel the growth of the satellite communication industry. The significant adoption of direct-to-home (DTH) in media and entertainment applications is set to positively impact the growth of the market as satellite communication plays a crucial role in communication in providing subscribers with high-quality content. An increase in the use of High Throughput Satellite (HTR) and Low Earth Orbit Satellite for high-speed broadcasting satellite services, cellular backhaul, and other value-added services such as video conferencing, VOIP is set to be the major driver for the growth of the market. The rising adoption of satellite telemetry, automatic identification systems, and Very Small Aperture Terminal markets with improved uplink frequency will drive the market growth.
Report Coverage
The report based on: “Satellite Communication Market – Forecast (2024-2030)”, by IndustryARC covers an in-depth analysis of the following segments. By Technology: Satellite Telemetry, AIS, VSAT and Others. By Communication Network: Satellite Internet Protocol Terminals, Gateways, Modems and others. By Satellite Services: FSS, BSS, MSS, RNSS, Metrological Satellite Services, SBS, RSS. By Communication Equipment: Network Equipment, Consumer Devices. By End User: Commercial (Power and Utilities, Maritime, Mining, Healthcare, Telecommunication & others), Government & Military (Space Agencies, Defence, Academic Research & others). By Geography: North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, and Others), APAC (China, Japan India, South Korea, Australia and Others), South America (Brazil, Argentina and others), and ROW (Middle East and Africa).
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Key Takeaways
Media and Entertainment is set to dominate the satellite communication market owing to the rising demand from a growing population. This is mainly attributed to the increasing demand for the internet and online streaming services such as Amazon Prime Video, Netflix and so on.
North America has dominated the market share in 2023, however APAC is analysed to grow at highest rate during the forecast period due to the high implementation of 5G in the mobile broadband technologies.
Deployment of 5G, requiring high bandwidth for communication is set to drive the market during the forecast period 2024-2030.
Satellite Communication Market Segment Analysis - by Satellite Services
Satellite services is segmented into fixed satellite services, broadcasting satellite services, mobile satellite services, radio navigation satellite services and others. Mobile satellite services is analyzed to hold the highest share in the satellite communication market in 2023 at 39.1% majorly attributed to the high number of subscribers. There are majorly deployed in aeronautical, land, and maritime services for communication thereby contributing to the growth of the market. For instance, SpaceX's Starlink aims to roll out a commercial satellite-to-phone service in 2024, starting with SMS, then expanding to voice, data, and IoT connectivity by 2025. Advertising on their website, they emphasize compatibility with unaltered LTE phones for setup. In November 2023, The Indian Space Research Organization (ISRO) and NASA are launched a collaborative Earth observation satellite in the first quarter of the upcoming year, as confirmed by the deputy minister for science and technology.
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Satellite Communication Market Segment Analysis - by End User
Media and Entertainment segment is set to dominate the market in 2023 at 25.9%. The significant rise in usage of services like Netflix, Amazon Prime Video, YouTube and so on for entertainment is set to contribute to the growth of the market. Adding to this, the breakout of COVID-19 has led to the high traffic in entertainment applications due to lockdowns implemented in various countries. This is set to be a major contributing factor for increasing demand for higher bandwidths resulting in the growth of the market during the forecast period. The Telecom and IT segment is analysed to grow at significant rate during the forecast period, majorly attributed to the deployment of technologically advanced internet connectivity solutions in the majority of the firms. All these factors are together impacting the growth of the satellite communication market. As a result, growing the demand for satellite services continues to surge across various sectors, driven by advancements in communication technology and expanding applications
Satellite Communication Market by Geography - Segment Analysis
North America is analyzed to be the dominant region in 2023 at 43%, followed by APAC and Europe. This is mainly attributed to the high adoption of advanced technologies in the region alongside the large infrastructural development for the implementation of high broadband services. APAC is anticipated to showcase the highest growth rate during the forecast period 2024-2030. This is majorly due to the high number of satellite launches aimed at communication. For instance, India launched GSAT-24, a communication satellite, in mid-2022. The satellite is built by ISRO for NewSpace India Limited (NSIL), a government company under the Department of Space. GSAT-24 is a 24-ku band satellite that weighs 4180 kg. Adding to this, the development of advanced technologies in countries such as China and South Korea is set to elevate the market growth rate. In December 2023, China became a pioneering force in 5G, boasting over 3 million base stations and extending services to 750 million mobile users and 17,000 factories. This technological advancement solidifies China's position as a global leader in both the deployment and commercialization of 5G infrastructure. These factors are set to boost the market growth during the forecast period 2024-2030.
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Satellite Communication Market Drivers
Growing demand for Maritime Satellite Communication
The increasing demand for maritime satellite communication is significantly set to contribute to the growth of the market. The growing concern for the safety of the people at the borders is creating a dire need for communication. This is set to impact the growth of the maritime communication satellite market. In February 2022, The Russian Satellite Communications Company (RSCC) 's maritime VSAT network expanded to 400 vessels, including 373 sea-going and river ships, along with 27 ice-class ships, including 12 icebreakers. This marks a significant milestone for the Russian Satellite Communications Company in providing connectivity to maritime fleets. This is mainly attributed to providing satellite Automatic Identification System (AIS) data used for ship tracking and specific maritime projects.
Increased Investments for Deployment of 5G
The rise in demand for the 5G and the rising investments for the infrastructure development is to boost the wireless connectivity market. However, the deployment of 5G requires high bandwidth resulting in the launch of satellites thereby contributing to the growth of the satellite communication market. In 2022, For the deployment of 5G, SpaceX has received approval to launch nearly 12,000 starlink internet satellites. Therefore, the launch of these satellites is set to drive the satellite communication market.
Satellite Communication Market Challenges
Space Debris Hindering Launch of Satellites
The presence of space debris is set to pose severe challenges to the communication satellite market. In 2022, the ESA's Space Environment Report reported that over 30,000 pieces of space debris have been recorded and are regularly tracked by space surveillance networks. Space debris poses a significant threat, hindering satellite launches due to collision risks. This dead satellite is also a liability for other satellites that are on a similar trajectory as it’s a popular spot to deposit communications and surveillance satellites. The presence of dead satellites is resulting in the space debris is posing a severe threat to the various other satellites as well as the environment. These factors are set to hinder the growth of the market.
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Satellite Communication Market Landscape
Partnerships, acquisitions, collaboration, technological innovation along with product launches are the key strategies adopted by the players in the Satellite Communication Market. The top players of the market include AsiaSat, Hughes, Bharti Airtel, Space Star Technology, Airbus SE, Thales Group, L3Harris Technologies Inc., Swarm Technologies, Inc., Viasat, Inc., General Dynamics, among others
Acquisitions/Technology Launches/Partnerships
In September 2022, Hughes Communications India has launched India's first High-Throughput Satellite broadband service, utilizing ISRO's GSAT-11 and GSAT-29 satellites along with Hughes JUPITER™ Platform ground technology. It delivers high-speed connectivity across India, supporting enterprise and government networks, community internet access, SD-WAN solutions, mobile network extension, and satellite internet for small businesses.
In November 2023, Viasat, Inc. and Skylo Technologies introduced the world's inaugural global direct-to-device (D2D) network, revolutionizing connectivity for consumers, businesses, and governments worldwide. Leveraging Viasat's expertise in satellite communications and Skylo's non-terrestrial network (NTN) services, this partnership unlocks vast potential for direct connectivity.
In July 2023, the SYRACUSE 4B secure military communications satellite, developed by Airbus and Thales Alenia Space, was triumphantly launched from the Guiana Space Center. This historic event marked the final mission for the Ariane 5, Europe's esteemed heavy launcher.
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licasmith · 3 years ago
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Fixed Satellite Services Market detailed analysis of future growth prospects and industry trends by 2030
The global Fixed Satellite Services market size is expected to reach USD 27.66 Billion in 2030 and register a revenue CAGR of 4.6% over the forecast period, according to latest report by Reports and Data. Increasing investments in military satellite communication infrastructure and rising demand for broadband services in residential and commercial sectors are key factors expected to drive market revenue growth during the forecast period.
Increasing 5G penetration is another factor expected to boost market revenue growth due to increasing need for high-speed Internet among consumers in various countries across the globe. 5G connection requires fixed satellites to develop high-speed connection, and is ideal prospect for satellite network operators to offer considerably wider range of services to its customers. 5G technology enables service providers to utilize satellite connectivity in order to enhance services offered and offload the network using capabilities of 5G technology such as backhauling, multicasting, and mobility access. Network operators will be able to combine their 5G services with satellite connections to offload their terrestrial networks on a massive scale. These factors are boosting revenue growth of the Fixed Satellite Services market.
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Increasing investments in military satellite communication and rising demand for corporate enterprise networks and consumer broadband are factors expected to boost revenue growth of the global Fixed Satellite Services market. Consumers are demanding high-speed Internet connectivity, especially in rural areas, which can be provided through fixed satellite services. Satellite companies are deploying new satellites to fulfill ongoing demand in remote places. In addition, high demand for Fixed Satellite Services for enhancing military satellite communications infrastructure such as support airborne intelligence, surveillance, and reconnaissance assets is expected to boost market revenue growth during the forecast period.
However, frequency of fixed satellite service satellites in orbit is restricted by satellite bandwidth and orbital site accessibility. Once a satellite provider has obtained access to an orbital site, it is unlikely that orbital site will be relinquished for use by other operators unless orbital area is no longer required to fulfill current demand. Limited orbital sites and enforcement procedures within international regulations constrain could hamper Fixed Satellite Services market revenue growth during the forecast period.
Some Key Highlights in the Report
Backhaul services segment is expected to     register significantly rapid revenue growth rate during the forecast     period due to increasing adoption of backhaul services among government     agencies, and Small and Medium-sized Enterprises (SMEs) to connect     multiple offices operating in different geographical areas without the     need for huge investments in fiber optic cables.
Media and entertainment segment is     expected to register rapid revenue CAGR over the forecast period due to     rising demand for Fixed Satellite Services from this industry. In     addition, increasing use of Internet-based services such as Video on     Demand (VoD), live streaming, and high-definition broadcasting is expected     to drive revenue growth of this segment during the forecast period.
Europe market is expected to register     steady revenue growth rate over the forecast period, due to rise in demand     for broadband access, increasing production and sale of smartphones and     various Internet-powered devices, and growing use of business     communication lines in various SMEs and large-scale companies such as     trunking and backhauling .
Major companies profiled in the global     market report include Arab Satellite Communications Organization, Eutelsat     Communications S.A, Telesat Holdings Inc., Singapore Telecommunications     Limited, Intelsat S.A, Thaicom Public Company Limited, SES S.A, SKY     Perfect JSAT Group, Telenor Satellite AS, and Nigerian Communications     Satellite Limited
In February 2022, Eutelsat     Communications signed a multi-year contract extension with Marlink,     expanding on a worldwide maritime partnership deal signed by both firms in     2019. Eutelsat will supply additional Ku-band Geostationary Orbit (GEO)     capacity to Marlink's maritime Very-Small-Aperture Terminal (VSAT)     platform throughout the Americas, Africa, Asia Pacific, and Middle East as     part of extension.
For this report, Reports and Data has segmented the global Fixed Satellite Services market based on service type, organization size, industry vertical, and region:
Service Type Outlook (Revenue, USD Billion; 2019-2030)
Channel Broadcast
Wholesale
Audiovisual Contribution and     Distribution
Broadband and Enterprise Network
Backhaul Services
Managed Services
Others
Organization Size Outlook (Revenue, USD Billion; 2019-2030)
Small Office and Home Office
Small and Medium Businesses
Large Enterprises
Industry Vertical Outlook (Revenue, USD Billion; 2019-2030)
Aerospace and Defense
Government
Education
Retail
Media and Entertainment
Oil and Gas
Telecom and IT
Others
Regional Outlook (Revenue, USD Billion; 2019-2030)
North     America
Europe
Asia-Pacific
Latin     America
Middle     East & Africa
Key Advantages of Fixed Satellite Services Report:
•             Identification and analysis of the market size and competition
•             Qualitative and quantitative analysis of the market data
•             Data validated by industry experts after extensive primary and secondary research
•             Extensive regional analysis of the Fixed Satellite Services industry
•             Profiling of key players along with their business overview, business strategies, deals and partnerships, and product portfolio
•             SWOT and Porter’s Five Forces Analysis for in-depth understanding of the competitive landscape
•             Feasibility analysis and investment analysis to enable strategic investment decisions
•             Analysis of opportunities, drivers, restraints, challenges, risks, and limitations
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