The requirement for satellite communication terminals is increasing in the defense sector in various countries across the region. One of the main reasons for the growing demand is the rising military spending of numerous nations. Germany’s defense spending in 2023 amounts to US$ 55.40 billion (EUR 50.1 billion), which is a decline of 0.6% compared to 2023 but increased by US$ 3.19 billion (EUR 2.76 billion) compared to 2021. The demand for phased array antenna systems is increasing in high-speed data communication in aircraft and respective maritime and airborne applications.
Under this contract, the agency selected Get SAT’s Milli SAT EX Ka-band terminal, which is a compact all-in-one communications-on-the-move (COTM) Ka-band solution. This satellite terminal is designed to meet mission-critical requirements of C-130 airborne applications without requiring any modifications to the aircraft. The terminal offers an optimized for voice, video, and data transmission and provides high bandwidth data throughput exceeding 30 Mbps with HTS satellites. Thus, the rising demand for defense satellite communication solutions drives the requirement for various satellite communication terminals.
The European satellite communication terminal market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The region is characterized by high GDP, high GDP per capita, a high standard of living, favorable economic policies, vast industrialization, an aging population, and a positive outlook for the adoption of new technology. Western European countries heavily emphasize the use of advanced technologies for satellite communication terminals compared to Eastern European countries. Telecommunications, enterprise & broadband, land mobility, remote sensing & earth observation, aviation, and aerospace are some domains that contribute to the growth of the satellite communication terminal market in the region. The service providers in Europe understand the increasing relevance of the 6 GHz spectrum. The region is set to target the 6 GHz band as it is crucial for future capacity needs and growth. The telecommunication industry involves the significant use of satellite communication terminals. Expanding telecommunication, defense, and aerospace sectors drive the Europe satellite communication terminal market.
Europe Satellite Communication Terminal Market Segmentation
The Europe satellite communication terminal market is segmented into classification, application, satellite type, and country.
Based on classification, the market is sub segmented into C band, X band, S band, Ku band, and Ka band. The X band segment registered the largest market share in 2023.
Based on application, the market is segmented into military use and civil use. The military use segment held a larger market share in 2023.
Based on satellite type, the market is segmented into GEO, MEO, and LEO. The GEO segment held the largest market share in 2023.
Based on country, the market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Russia dominated the market share in 2023.
Airbus SE, AVL Technologies, 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 are the leading companies operating in the satellite communication terminal market in the region.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 968.49 Million |
| Market Size by 2028 | US$ 1,413.76 Million |
| CAGR (2023 - 2028) | 7.9% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2028 |
| Segments Covered |
By Classification
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Satellite Communication Terminal Market is valued at US$ 968.49 Million in 2023, it is projected to reach US$ 1,413.76 Million by 2028.
As per our report Europe Satellite Communication Terminal Market, the market size is valued at US$ 968.49 Million in 2023, projecting it to reach US$ 1,413.76 Million by 2028. This translates to a CAGR of approximately 7.9% during the forecast period.
The Europe Satellite Communication Terminal Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Satellite Communication Terminal Market report:
The Europe Satellite Communication Terminal Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Satellite Communication Terminal Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Satellite Communication Terminal Market value chain can benefit from the information contained in a comprehensive market report.
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