Maritime VSAT Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Maritime VSAT Market covers analysis By Components (Antenna, Block Upconverter (BUC), Low-noise block Downcoverter (LNB), Orthomode Transducer (OMT), Interfacility Link Cable (IFL), And Indoor Unit (IDU)); End Users (Merchant Shipping, Offshore, Passenger Ships, Leisure Vessels, Government and Defense) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPTE100001278
  • Category : Aerospace and Defense
  • Status : Upcoming
  • No. of Pages : 150
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MARKET OVERVIEW

VSAT stands for very small terminal aperture. Maritime VSAT anticipate use of satellite communication through a Very-Small-Aperture Terminal (VSAT) on a marine vehicle. The antenna needs to be stabilized with reference to the horizon and True north, so as to transmit and receive signals hassle-free to and from the satellite. Pertaining to the increase in maritime threats has led the satellite network providers as well as ships/vessel operators to adopt this robust technologies, thereby catalyzing the market growth in the current scenario.

MARKET SCOPE

The "Global Maritime VSAT Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the maritime VSAT market with detailed market segmentation by type, category, distribution channel, and geography. The report provides key statistics on the market status of the leading maritime VSAT market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION

  •   Based on Components, the global maritime VSAT market is segmented into Antenna, Block Upconverter (BUC), Low¬ noise block Downcoverter (LNB), Orthomode Transducer (OMT), Interfacility Link Cable (IFL), and Indoor Unit (IDU).
  •   On the basis of End Users, the market is segmented into Merchant Shipping, Offshore, Passenger Ships, Leisure Vessels, Government and Defense.


MARKET DYNAMICS
Drivers:

  •   Growing adoption of satellite network to monitor oil & gas rigs and autonomous shipping, performance monitoring, and fleet management, gained interest by the evolution of IoT connected and sensing devices
  •  

Restraints

  •   rapidly growing threats to cyber security is a major concerns for the service providers of maritime VSAT, as these networks are highly vulnerable to cyber threats

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The maritime VSAT market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the maritime VSAT market in these regions.

IMPACT OF COVID-19 ON VINEGAR MARKET
The outbreak of the COVID-19 has severely impacted the defense, aerospace, aviation and other related industries. The emergence of COVID-19 virus across the globe which led to lockdown scenarios has led to unprecedented series of closures in maritime activity across the globe. This disruption is expected to leave an impact on the defense and maritime industry through till mid-2021. With the rising concern of health of the general public, governments across nations are focused on investments on healthcare and related industries and there has been a shift of budget allocation from defense to healthcare. However, demand for defense related products such as border security systems will remain unaffected as the budgets for defense related projects had been allocated prior to the pandemic. However, the market associated with passenger ships and leisure vessels segment has been hit drastically by the COVID-19 pandemic and will recover from mid - 2021.

Maritime VSAT Market Report Analysis

Maritime VSAT Market
  • CAGR
    CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • L3Harris Corporation
  • Hughes Network Systems LLC
  • Inmarsat plc
  • KVH Industries, Inc.
  • Viasat Inc.
  • Iridium Communications Inc.
  • OmniAccess S.L.
  • Raytheon Technologies Corporation
  • VT iDirect, Inc.

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market Segment By Components
  • Antenna
  • Block Upconverter
  • Low-noise block Downcoverter
  • Orthomode Transducer
  • Interfacility Link Cable
  • Indoor Unit
Market Segment By End Users
  • Merchant Shipping
  • Offshore
  • Passenger Ships
  • Leisure Vessels
  • Government and Defense
MARKET PLAYERS


The report covers key developments in the maritime VSAT market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from maritime VSAT market are anticipated to lucrative growth opportunities in the future with the rising demand for maritime VSAT in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the maritime VSAT market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   L3Harris Corporation
  •   Hughes Network Systems LLC
  •   Inmarsat plc
  •   KVH Industries, Inc.
  •   Viasat nc.
  •   Iridium Communications Inc.
  •   OmniAccess S.L.
  •   Raytheon Technologies Corporation
  •   VT iDirect, Inc.
  •   NSSLGlobal Technologies AS


The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Maritime VSAT Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Components
  • Antenna
  • Block Upconverter
  • Low-noise block Downcoverter
  • Orthomode Transducer
  • Interfacility Link Cable
  • Indoor Unit
By End Users
  • Merchant Shipping
  • Offshore
  • Passenger Ships
  • Leisure Vessels
  • Government and Defense
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • L3Harris Corporation
  • Hughes Network Systems LLC
  • Inmarsat plc
  • KVH Industries, Inc.
  • Viasat Inc.
  • Iridium Communications Inc.
  • OmniAccess S.L.
  • Raytheon Technologies Corporation
  • VT iDirect, Inc.
    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

    This text is related
    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

    This text is related
    to country scope.

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    The List of Companies

    1. L3Harris Corporation
    2. Hughes Network Systems LLC
    3. Inmarsat plc
    4. KVH Industries, Inc.
    5. Viasat Inc.
    6. Iridium Communications Inc.
    7. OmniAccess S.L.
    8. Raytheon Technologies Corporation
    9. VT iDirect, Inc.
    10. NSSLGlobal Technologies AS