Dublin, January 13, 2021 (GLOBE NEWSWIRE) – Added Report “Marine Satellite Communications – Global Market Outlook (2019-2027)” ResearchAndMarkets.com’s offering.
According to this report, the Global Satellite Communications market accounted for $ 2.19 billion in 2019 and is expected to reach $ 4.31 billion by 2027 growing at a CAGR of 8.8% over the forecast period . The growing demands for broadband and VSAT connectivity, and high-throughput satellites to unlock cloud and IoT services, are the main drivers of market growth. However, lack of awareness about advanced marine satellite services is hindering market growth.
Satellite communications technologies help track ships and cargo around the globe. VSAT destinations are communication terminals that allow the transmission and receipt of text, audio and video data using satellite broadband internet services. These destinations act as geostationary satellites on the Ku, Ka, and C bands.
Based on the end user, the commercial vessel sector has experienced profitable growth in the forecast period as a result of the increase in trading activity using commercial vessels. Maritime trade continues to expand and bring benefits to consumers around the world through competitive logistics costs. With the rise in global manufacturing and trade, there has been an increase in the number of marine vessels added to the existing fleet. Geographically, Asia Pacific is experiencing profitable growth in the forecast period due to high demand, particularly in oil and gas, merchant shipping, mining, and passenger shipping verticals. The APAC division is heavily implementing marine satellite communications solutions.
Some of the key players defined in the Marine Satellite Communications Market include Globecomm Systems Inc, Harris Caprock Communications Inc, Hughe Network Systems LLC, Inmarsat Group Limited, Iridium Communications Inc, KVH Industries Inc, MTN Group Limited, Navarino Telecom USA, Network Innovation Inc, NSSL Global Limited, Singapore Telecommunications Limited, Speedcast International Limited, Thuraya Telecommunications Company, Viasat Inc and VT Idirect Inc.
Types Covered:
- Trackers
- Surveillance and Monitoring
Interests covered:
Applications covered:
- Perioperative Care
- Intensive care units
- Neurological Care Units
- Coronation Care Units
- Emergency / urgent care
End users covered:
- Coastal Security Services
- Construction
- Government
- Fishing
- Manufacturing
- Recreational vessel
- Buyer’s Shipping
- Naval Forces
- Offshore Oil Rigs and Support Ships
- Passenger Ships
- Exchange Vessel
- Naval Vessel
- Commercial Vessels
Categories covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- RA
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What the report offers:
- Market segment assessments for the regional and country segments
- Strategic proposals for the new entrants
- Covers market data for the years 2018, 2019 2020, 2024, and 2027
- Market trends (drivers, restrictions, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic proposals in key industry segments based on market estimates
- Competitive landscape mapping the main common trends
- Company profile with detailed strategies, finances and recent developments
- Supply chain trends map the latest technological advances
Key topics covered:
1 Executive Minutes
2 Introduction
2.1 Summary
2.2 Stake Keepers
2.3 Scope of Research
2.4 Research Methodology
2.4.1 Data mining
2.4.2 Data Analysis
2.4.3 Data Verification
2.4.4 Research Methodology
2.5 Research Sources
2.5.1 Key Research Sources
2.5.2 Secondary Research Sources
2.5.3 assumptions
3 Market Trend Review
3.1 Introduction
3.2 Drivers
3.3 Barriers
3.4 Opportunities
3.5 Risks
3.6 Application Analysis
3.7 End-user analysis
3.8 Emerging Markets
3.9 Effect of Covid-19
4 Porters Five Force Audit
4.1 Bargaining power of suppliers
4.2 Buyer’s bargaining power
4.3 Substitute risk
4.4 Risk of new entrants
4.5 Competitive competition
5 Global Marine Satellite Communications Market, by Type
5.1 Introduction
5.2 Trackers
5.3 Inspection and Monitoring
6 Global Marine Satellite Communications Market, By Interest
6.1 Introduction
6.2 Hardware
6.3 Solution
6.3.1 Very Small Open Terminal (VSAT)
6.3.1.1 Ku-band
6.3.1.2 C-band
6.3.1.3 Ka-band
6.3.2 Mobile Satellite Service (MSS)
6.4 Service
6.4.1 Administration and Audit
6.4.2 Video
6.4.3 Data
6.4.4 Guth
7 Global Marine Satellite Communications Market, By Demand
7.1 Introduction
7.2 Perioperative Care
7.3 Intensive Care Units
7.4 Neuro Care Units
7.5 Coronation Care Units
7.6 Emergency / urgent care
8 Global Marine Satellite Communications Market, With End User
8.1 Introduction
8.2 Coastal Security Services
8.3 Construction
8.4 Government
8.5 Fishing
8.6 Manufacturing
8.7 Recreational Vessel
8.8 Merchant Shipping
8.9 Naval Forces
8.10 Offshore Oil Rigs and Support Vessels
8.11 Passenger Ships
8.12 Exchange Vessel
8.13 Naval Vessel
8.14 Commercial Vessels
9 Global Marine Satellite Communications Market, According to Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 RA
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Sile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 Launch of new product
10.4 Extension
10.5 Other Key Strategies
11 Company Profile
11.1 Globecomm Systems Inc.
11.2 Harris Caprock Communications Inc.
11.3 Hughes Network Systems LLC
11.4 Inmarsat Group Limited
11.5 Iridium Communications Inc.
11.6 KVH Industries Inc.
11.7 MTN Group Limited
11.8 Navarino Telecom SA
11.9 Network Innovation Inc.
11.10 NSSL Global Limited
11.11 Singapore Telecommunications Limited
11.12 Speedcast International Limited
11.13 Thuraya telecommunications company
11.14 Viasat Inc.
11.15 VT Idirect Inc.
For more information about this report, visit https://www.researchandmarkets.com/r/iu4t58
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