Within the coverage of its wireless network, the satellite communication system provides voice and data communication services to terminal devices. When natural or man-made disasters disrupt terrestrial communications, satellite communication networks rely on satellites in space to increase effective amplification of the coverage zone, which would provide guaranteed effective communication for fields or areas that are not served or under-served by terrestrial networks. To achieve global coverage with the current most basic and direct satellite communication technology, at least three satellites would be required. Satellite communication terminal products are terminal devices that provide communication services to consumers through the usage of a satellite communication system. Voice terminals (satellite phones), data terminals (data-access devices), and other types of terminals can be found.
Viasat Inc., Airbus, General Dynamics, Thales Group and L3Harris Technologies –Prominent Market Participants in Satellite Communication Terminal Market
The satellite communication terminal market is growing because of the battlefield, the rise in public safety, and the desire for a reliable network during emergencies. As well as growing OTT and IPTV are other factors responsible for the growth of the satellite industry, which in turn promotes SATCOM communication and SATCOM communication hardware like terminals. However, the market’s growth is hampered by high implementation costs, restricted data transit capabilities, and limited spectrum bandwidth. Government investments in mission-critical communication systems in the defense sector, on the other hand, are likely to generate attractive prospects for the industry in the coming years.
North America is known for having a high emphasis on the defense sector as the governments spend significant amounts on the military, navy, and air force. Various domains such as telecommunication, media & entertainment, transportation & logistics, business & enterprise, scientific research & development, aviation, aerospace, defense, and retail & consumer drive the growth of the satellite communication terminal market in the region. As a part of the Commercial Broadband Satellite Program (CBSP), the U.S. Navy has awarded a contract for 16 satellite communication terminals to L3Harris Technologies, Inc.
Western European countries are heavily emphasizing on the use of advanced technologies for satellite communication terminals as compared to the eastern European countries. Telecommunications, enterprise & broadband, land mobility, remote sensing & earth observation, aviation, and aerospace are some of the domains that contribute to the growth of the satellite communication terminal market in the region. The service providers in Europe are understanding the increasing relevance of the 6GHz spectrum. In the near future, the region is all set to target the 6GHz band as it is very crucial for future capacity needs and growth. The telecommunication industry involves the significant use of satellite communication terminals.
The top five companies in the satellite communication terminal market are Viasat Inc., Airbus, General Dynamics, Thales Group and L3Harris Technologies. The above listing of key players is derived by considering multiple factors such as overall market insights, dynamic trends, revenue, product portfolio, new product launches, market initiatives, investment in technology up-gradation, mergers & acquisitions, and other joint activities. A few of the important market initiatives and product developments from the industry are mentioned below:
| Year | News | Country |
| Feb-2023 | The Egyptian Ministry of Military Production (MoMP) signed a deal with the U.S. defense company General Dynamics for the procurement of mobile SATCOMs-on-the-move 20M (SOTM) communication terminals. | North America |
| Dec-2022 | Viasat announced federal aviation administration (FAA) approved the company’s Ka-band in-flight connectivity (IFC) solution for Gulfstream G450 aircraft, a large cabin jet often deployed on long-distance, international expeditions. | North America |
| Dec-2021 | Airbus and OneWeb have inked a distribution partner agreement to deliver military and governmental low Earth orbit (LEO) satellite communication services. From the end of 2021, Airbus, as Europe’s largest provider of military satellite communication services, will offer new communication services based on the OneWeb constellation to select European and UK armed forces, as well as civil protection and security forces. | Europe |
