Naval VSAT Market Size and Share: 2021 to 2031
The Naval VSAT Market is expected to register a CAGR of 12.5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Component [Antenna, Block Upconverter (BUC), Orthomode Transducer (OMT), Indoor unit (IDU), Stabilizers, Others]; Frequency Band (Ku-Band, Ka-Band, C-Band, X-Band, Others); Application (Naval Ships and Boats, Naval Bases). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Naval VSAT Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Naval VSAT Market Segmentation
Component [Antenna, Block Upconverter- BUC
- Orthomode Transducer
- Ku-Band
- Ka-Band
- C-Band
- X-Band
- Others
- Naval Ships and Boats
- Naval Bases
Strategic Insights
Naval VSAT Market Growth Drivers- Demand for Enhanced and Reliable Communication: The increasing demand for reliable communications network in naval applications is one of the major factors driving the growth of naval VSAT market.
- Increasing Naval Presence: The increasing expansion of naval forces across different regions including establishment of new base and expansion of existing bases is another major factor pushing the deployment of naval VSAT systems worldwide.
- Military Expenditure to Generate New Oppotunities: The rising investments from the military forces for procurement of new fleet of surface ships, submarines, aircraft, helicopters, and unmanned systems is one of the major factors likely to generate new opportunities for naval VSAT market vendors in the coming years.
- Collaborations with Commercial Satellite Service Providers: The increasing number of collaborations of naval forces with commercial satellite service providers is another major factor likely to generate new opportunities for naval VSAT market vendors in the coming years.
- Naval Fleet Modernization: The growing expansion of naval modernization programs across different regions is one of the major trends pushing the growth of naval VSAT market.
- Enhancements in Warfare Communication Systems: The growing deployment of enhanced warfare communication systems is another major trend pushing the growth of naval VSAT market.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Naval VSAT Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Naval VSAT Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Naval VSAT Market is estimated to witness a CAGR of 12.5% from 2023 to 2031
The major factors driving the naval VSAT market are:
1. Demand for Enhanced and Reliable Communication
2. Increasing Naval Presence
Some of the major trends driving the naval VSAT market are:
1. Naval Fleet Modernization
2. Enhancements in Warfare Communication Systems
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Naval VSAT Market - By Component
1.3.2 Naval VSAT Market - By Frequency Band
1.3.3 Naval VSAT Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. NAVAL VSAT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. NAVAL VSAT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. NAVAL VSAT MARKET - GLOBAL MARKET ANALYSIS
6.1. NAVAL VSAT - GLOBAL MARKET OVERVIEW
6.2. NAVAL VSAT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. NAVAL VSAT MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. ANTENNA
7.3.1. Overview
7.3.2. Antenna Market Forecast and Analysis
7.4. BLOCK UPCONVERTER (BUC)
7.4.1. Overview
7.4.2. Block Upconverter (BUC) Market Forecast and Analysis
7.5. ORTHOMODE TRANSDUCER (OMT)
7.5.1. Overview
7.5.2. Orthomode transducer (OMT) Market Forecast and Analysis
7.6. INDOOR UNIT (IDU)
7.6.1. Overview
7.6.2. Indoor unit (IDU) Market Forecast and Analysis
7.7. STABILIZERS
7.7.1. Overview
7.7.2. Stabilizers Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. NAVAL VSAT MARKET - REVENUE AND FORECASTS TO 2028 - FREQUENCY BAND
8.1. OVERVIEW
8.2. FREQUENCY BAND MARKET FORECASTS AND ANALYSIS
8.3. KU-BAND
8.3.1. Overview
8.3.2. Ku-Band Market Forecast and Analysis
8.4. KA-BAND
8.4.1. Overview
8.4.2. Ka-Band Market Forecast and Analysis
8.5. C-BAND
8.5.1. Overview
8.5.2. C-Band Market Forecast and Analysis
8.6. X-BAND
8.6.1. Overview
8.6.2. X-Band Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. NAVAL VSAT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Naval VSAT Market Overview
9.1.2 North America Naval VSAT Market Forecasts and Analysis
9.1.3 North America Naval VSAT Market Forecasts and Analysis - By Component
9.1.4 North America Naval VSAT Market Forecasts and Analysis - By Frequency Band
9.1.5 North America Naval VSAT Market Forecasts and Analysis - By Countries
9.1.5.1 United States Naval VSAT Market
9.1.5.1.1 United States Naval VSAT Market by Component
9.1.5.1.2 United States Naval VSAT Market by Frequency Band
9.1.5.2 Canada Naval VSAT Market
9.1.5.2.1 Canada Naval VSAT Market by Component
9.1.5.2.2 Canada Naval VSAT Market by Frequency Band
9.1.5.3 Mexico Naval VSAT Market
9.1.5.3.1 Mexico Naval VSAT Market by Component
9.1.5.3.2 Mexico Naval VSAT Market by Frequency Band
9.2. EUROPE
9.2.1 Europe Naval VSAT Market Overview
9.2.2 Europe Naval VSAT Market Forecasts and Analysis
9.2.3 Europe Naval VSAT Market Forecasts and Analysis - By Component
9.2.4 Europe Naval VSAT Market Forecasts and Analysis - By Frequency Band
9.2.5 Europe Naval VSAT Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Naval VSAT Market
9.2.5.1.1 Germany Naval VSAT Market by Component
9.2.5.1.2 Germany Naval VSAT Market by Frequency Band
9.2.5.2 France Naval VSAT Market
9.2.5.2.1 France Naval VSAT Market by Component
9.2.5.2.2 France Naval VSAT Market by Frequency Band
9.2.5.3 Italy Naval VSAT Market
9.2.5.3.1 Italy Naval VSAT Market by Component
9.2.5.3.2 Italy Naval VSAT Market by Frequency Band
9.2.5.4 United Kingdom Naval VSAT Market
9.2.5.4.1 United Kingdom Naval VSAT Market by Component
9.2.5.4.2 United Kingdom Naval VSAT Market by Frequency Band
9.2.5.5 Russia Naval VSAT Market
9.2.5.5.1 Russia Naval VSAT Market by Component
9.2.5.5.2 Russia Naval VSAT Market by Frequency Band
9.2.5.6 Rest of Europe Naval VSAT Market
9.2.5.6.1 Rest of Europe Naval VSAT Market by Component
9.2.5.6.2 Rest of Europe Naval VSAT Market by Frequency Band
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Naval VSAT Market Overview
9.3.2 Asia-Pacific Naval VSAT Market Forecasts and Analysis
9.3.3 Asia-Pacific Naval VSAT Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific Naval VSAT Market Forecasts and Analysis - By Frequency Band
9.3.5 Asia-Pacific Naval VSAT Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Naval VSAT Market
9.3.5.1.1 Australia Naval VSAT Market by Component
9.3.5.1.2 Australia Naval VSAT Market by Frequency Band
9.3.5.2 China Naval VSAT Market
9.3.5.2.1 China Naval VSAT Market by Component
9.3.5.2.2 China Naval VSAT Market by Frequency Band
9.3.5.3 India Naval VSAT Market
9.3.5.3.1 India Naval VSAT Market by Component
9.3.5.3.2 India Naval VSAT Market by Frequency Band
9.3.5.4 Japan Naval VSAT Market
9.3.5.4.1 Japan Naval VSAT Market by Component
9.3.5.4.2 Japan Naval VSAT Market by Frequency Band
9.3.5.5 South Korea Naval VSAT Market
9.3.5.5.1 South Korea Naval VSAT Market by Component
9.3.5.5.2 South Korea Naval VSAT Market by Frequency Band
9.3.5.6 Rest of Asia-Pacific Naval VSAT Market
9.3.5.6.1 Rest of Asia-Pacific Naval VSAT Market by Component
9.3.5.6.2 Rest of Asia-Pacific Naval VSAT Market by Frequency Band
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Naval VSAT Market Overview
9.4.2 Middle East and Africa Naval VSAT Market Forecasts and Analysis
9.4.3 Middle East and Africa Naval VSAT Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa Naval VSAT Market Forecasts and Analysis - By Frequency Band
9.4.5 Middle East and Africa Naval VSAT Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Naval VSAT Market
9.4.5.1.1 South Africa Naval VSAT Market by Component
9.4.5.1.2 South Africa Naval VSAT Market by Frequency Band
9.4.5.2 Saudi Arabia Naval VSAT Market
9.4.5.2.1 Saudi Arabia Naval VSAT Market by Component
9.4.5.2.2 Saudi Arabia Naval VSAT Market by Frequency Band
9.4.5.3 U.A.E Naval VSAT Market
9.4.5.3.1 U.A.E Naval VSAT Market by Component
9.4.5.3.2 U.A.E Naval VSAT Market by Frequency Band
9.4.5.4 Rest of Middle East and Africa Naval VSAT Market
9.4.5.4.1 Rest of Middle East and Africa Naval VSAT Market by Component
9.4.5.4.2 Rest of Middle East and Africa Naval VSAT Market by Frequency Band
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Naval VSAT Market Overview
9.5.2 South and Central America Naval VSAT Market Forecasts and Analysis
9.5.3 South and Central America Naval VSAT Market Forecasts and Analysis - By Component
9.5.4 South and Central America Naval VSAT Market Forecasts and Analysis - By Frequency Band
9.5.5 South and Central America Naval VSAT Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Naval VSAT Market
9.5.5.1.1 Brazil Naval VSAT Market by Component
9.5.5.1.2 Brazil Naval VSAT Market by Frequency Band
9.5.5.2 Argentina Naval VSAT Market
9.5.5.2.1 Argentina Naval VSAT Market by Component
9.5.5.2.2 Argentina Naval VSAT Market by Frequency Band
9.5.5.3 Rest of South and Central America Naval VSAT Market
9.5.5.3.1 Rest of South and Central America Naval VSAT Market by Component
9.5.5.3.2 Rest of South and Central America Naval VSAT Market by Frequency Band
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. NAVAL VSAT MARKET, KEY COMPANY PROFILES
11.1. AIRBUS S.A.S.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. COBHAM SATCOM
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. COMROD COMMUNICATION AS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. EM SOLUTIONS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GENERAL DYNAMICS MISSION SYSTEMS, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. INMARSAT PLC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MARINE TECHNOLOGIES, LLC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NAVISYSTEM MARINE ELECTRONICS SRL
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. ORBIT COMMUNICATION SYSTEMS LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THALES GROUP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Airbus S.A.S.
2. Cobham SATCOM
3. Comrod Communication AS
4. EM Solutions
5. General Dynamics Mission Systems, Inc.
6. INMARSAT PLC
7. MARINE TECHNOLOGIES, LLC
8. Navisystem Marine Electronics Srl
9. ORBIT Communication Systems Ltd.
10. Thales Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.