The very small aperture terminal market analysis document represents a detailed collection of prioritized market definitions, industry scope and reach, and pivotal industry insights. Information about the many pitfalls of the market as well as the frequent challenges encountered by core industry players have been summarized in the report. That apart, the document also endorses details about the numerous driving parameters impacting the revenue landscape of this vertical.
The very small aperture terminal market is projected to observe tremendous growth over the coming years due to the rising need for advanced satellite-based communication systems across for a plethora of application avenues. These systems are used for numerous indoor and outdoor applications to facilitate high-speed broadband services for business activities throughout the aerospace, naval, and maritime industries, which would majorly fuel the market outlook in the near future.
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With reference to band, the Ku band segment is projected to expand with a significant CAGR of over 7% through the analysis period. Increasing growth of the segment is attributed to the rising implementation of dedicated satellite-based communication throughout the world. Ku band frequencies allow communication by using high power signals while also ensuring a substantially reduced energy consumption. In addition, Ku band applications are supported by equipment that is typically 1.8-meter in size. With rising need for restricted area of installation, the use for Ku band frequency solutions across restricted bandwidth satellite applications is observing a significant growth, which would further proliferate the overall segment share.
The very small aperture terminal market is estimated to foresee immense revenue growth led by the SCPC (Single Channel Per Carrier) based terminal segment. SCPC based terminal technology finds extensive applications in audio/video communication and broadcasting. Single Channel Per Carrier is specially developed to support the unique transmitting and receiving VSAT as well as for point-to-point communication links. This technology also eliminates the use of the central control hub, further offering flexibility in the expansion. Additionally, the technology is also capable of supporting a dedicated high bandwidth when the contention or sharing is absent, which is further stimulating its adoption.
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Widespread growth of the regional defense and aerospace sector is projected to foster the Europe very small aperture terminal market outlook over the forthcoming time period. The rapid expansion of the regional aerospace and defense sector is leading to strategic collaborations between satellite communication firms, which is majorly shaping the industry share. Citing an instance, in September 2019, a Russian Satellite communications company announced a partnership deal with Thaicom Public Company Limited. Under the partnership agreement, both companies collaborated to developed a maritime satellite broadband connectivity by using the VSAT network. Considering these favorable factors, the regional industry is projected to hold more than 30% market share of the overall market by the end of the forecast timespan.
The competitive landscape of the global very small aperture terminal market is inclusive of players such as Singtel, Orbit Communication System, Norsat International Inc., Newtec, Marlink, L3Harris, KVH Industries, Inmarsat, Hughes Network System, Honeywell, Gilet Satellite networks, General Dynamics, and Cobham among others.
Major Key Points from Table of Content:
Chapter 5. Very Small Aperture Terminal Market, By Band
5.1. Key trends, by band
5.2. C
5.2.1. Market estimates and forecast, 2015 - 2026
5.3. Ku
5.3.1. Market estimates and forecast, 2015 – 2026
5.4. K, Ka
5.4.1. Market estimates and forecast, 2015 – 2026
5.5. P, L, S
5.5.1. Market estimates and forecast, 2015 – 2026
Chapter 6. Very Small Aperture Terminal Market, By Terminal
6.1. Key trends, by terminal
6.2. Single Channel Per Carrier (SCPC)
6.2.1. Market estimates and forecast, 2015 - 2026
6.3. Time Division Multiplexing (TDM)
6.3.1. Market estimates and forecast, 2015 – 2026
6.4. Time Division Multiple Access (TDMA)
6.4.1. Market estimates and forecast, 2015 - 2026
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