Industry Background:
Satellite antenna is designed to transmit and receive signals from satellite in order to establish better communication infrastructure. The real purpose of this antenna is to focus on pre-defined area on the earth with the desired polarization by acting as spatial filter. Of late, it has been seen that modern small satellite are dominating in space industry. Amid growing space exploration activities, countries are leaving no stone unturned to establish and strengthen their space presence as China in May 2018 launched space satellite to explore darker side of the moon. The launched satellite carries largest communication antenna used ever for space research. Other countries are also following the suit which in turn provide great opportunity for key players to flourish in the market.
This growth is primarily driven by Growing Space Exploration Activities and Increasing Cost Effective Satellite Launches.
Globally, a noticeable market trend is evident Growing Deployment of Small Satellites
. Major Players, such as Honeywell International Inc. [United States], General Dynamics Corporation [United States], Mitsubishi Electric Corporation [Japan], Gilat Satellite Networks [Israel], Elite Antennas Ltd. [United Kingdom], Macdonald, Dettwiler and Associates Ltd. [United States], Harris Corporation [United States], Cobham PLC [United Kingdom] and Airbus Defence and Space [Germany] etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In October 2018, United States based Harris Corporation merged with United States based space giant L3 Technologies. The merger is expected to provide huge opportunity to strengthen their market presence.
Recently in November 2018, Amazon launched new antenna service to download or upload data from satellite. The company is focusing on making data transfer from space inexpensive and easier with the help of 12 antennas that permits direct transmission to its data centers located worldwide.
Market Drivers
- Growing Space Exploration Activities
- Increasing Cost Effective Satellite Launches
Market Trend
- Growing Deployment of Small Satellites
- Use of All All-electric Propulsion Systems for Satellite Launch
Restraints
- Poor Transmission of Signals Affects the Efficiency
- Inadequate Testing Facilities and Lack of Budgets in Emerging Countries
Opportunities
Integration of Satellite Antenna With Moving Vehicles Such as Cars, Trains and Others and Favorable Government Initiatives with an Aim to Provide Internet Connectivity in Remote Areas
Challenges
Issue Related with Radio Spectrum Availability and Dearth of Skilled Workforce in Satellite Antenna Operation
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Satellite Antenna Study Sheds Light on
The Satellite Antenna Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Satellite Antenna industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Satellite Antenna industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.