Satellite Antenna Market to Witness Impressive Growth During 2021-2026

August 4th,2022/IndustryNewsGlobal/ — This new report from Stratview Research analyses the Satellite Antenna Market over the trend period from 2015 to 2020 and forecast period from 2021 to 2026. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Satellite Antenna Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Satellite Antenna Market is no different. Derived from the previous market scenario, the Satellite Antenna Market is estimated to grow from USD 2.5 billion in 2020 to USD 3.8 billion by 2026 at a healthy CAGR of 7.4% during the forecast period.

Key Players:

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

The Satellite Antenna Market is segmented by–

  • By Type(Parabolic Reflector, Flat Panel, FRP, Horn, Iron Antenna with Mold Stamping, Others),
  • By Application(Space, Land, Maritime, Airborne),
  • By Region (North America, Europe, Asia-Pacific, and Rest of the World)

Get access to a deeper coverage of the impact of COVID-19 on this Market here:

Regional analysis:

By region, the North America Satellite Antenna Market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to presence of established space industry and key market players such as Honeywell International Inc. (US) and General Dynamics Corporation (US). The market growth in Asia-Pacific region is expected to grow at a fastest CAGR during the review on account of strong presence of marine industry and significant growth of the space industry particularly in China and India.

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

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