Report : Middle East & Africa Satellite Communication Terminal Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Classification (C Band, X Band, S Band, Ku Band and Ka Band); Application (Military Use and Civil Use); and Satellite Type (GEO, MEO and LEO)
At 3.6% CAGR, the Middle East & Africa Satellite Communication Terminal Market is speculated to be worth US$ 437.55 million by 2028, says The Business Market Insights
According to the Business Market Insights’ research, the Middle East & Africa satellite communication terminal market was valued at US$ 366.18 million in 2023 and is expected to reach US$ 437.55 million by 2028, registering a CAGR of 3.6% from 2023 to 2028. Growing requirement for customized SATCOM solutions and rising adoption of portable and small SATCOM terminals are the critical factors attributed to the Middle East & Africa satellite communication terminal market expansion.
The trend of customized satellite communication solutions for the marine and military ground vehicle applications is increasing day by day. Many new SATCOM solutions help establish uninterrupted communication even when the ship or the military ground vehicle is moving. Satellite communication on the move (SOTM) allows respective defense forces to share data and voice communication effectively and efficiently when traveling in tactical vehicles at speeds of up to 80 mph (130 km/h). As per the location, size, and shape of the military ground vehicle or any ship, the requirement for customized satellite communication terminals is increasing nowadays. Lepton Global provides customized satellite communications plans for each end user as per distinct requirements with respect to design, engineering, very small aperture terminal (VSAT) system, installation, technical support, and network services. IDS Ingegneria Dei Sistemi S.p.A. offers reliable communication in various SOTM operational conditions. The company’s innovative satellite terminal design can be customized as per the specific naval, aeronautical, and terrain antenna requirements.
On the contrary, high costs of satellite communication terminals hurdles the growth of Middle East & Africa satellite communication terminal market.
Based on classification, the Middle East & Africa satellite communication terminal market is segmented into C band, X band, S band, Ku band, and Ka band. The X band segment held 31.7% market share in Middle East & Africa satellite communication terminal market in 2023, amassing US$ 116.21 million. It is projected to garner US$ 141.15 million by 2028 to expand at 4.0% CAGR during 2023–2028.
Based on application, the Middle East & Africa satellite communication terminal market is segmented into military use and civil use. The military use segment held 70.2% market share in the Middle East & Africa satellite communication terminal market in 2023, amassing US$ 257.03 million. It is projected to garner US$ 298.92 million by 2028 to expand at 3.1% CAGR during 2023–2028.
Based on satellite type, the Middle East & Africa satellite communication terminal market is segmented into GEO, MEO, and LEO. The GEO segment held 71.9% market share in the Middle East & Africa satellite communication terminal market in 2023, amassing US$ 263.46 million. It is projected to garner US$ 300.08 million by 2028 to expand at 2.6% CAGR during 2023–2028
Based on country, the Middle East & Africa satellite communication terminal market has been categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 35.8% market share in the Middle East & Africa satellite communication terminal market in 2023. It was assessed at US$ 130.96 million in 2023 and is likely to hit US$ 150.47 million by 2028, exhibiting a CAGR of 2.8% during the forecast period.
Key players dominating the Middle East & Africa satellite communication terminal market are Airbus SE, Collins Aerospace, General Dynamics Mission Systems Inc, Gilat Satellite Networks Ltd., Honeywell International Inc, L3Harries Technologies Inc, NEC Corp, Singapore Technologies Engineering Ltd, Thales SA, and Viasat Inc among others.
- In Dec 2021, ST Engineering's Corporate Venture Capital unit, ST Engineering Ventures Pte Ltd, announced that it led a US$30 million Series A round in Israel-based hiSky Ltd., a leading developer and provider of affordable and agile satellite Internet of Things (IoT) networks and solutions, with participation from Tawazun Holding's SDF (Strategic Development Fund) and hiSky's existing shareholders.
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