Military Satellite Terminal Market to Approach $6 Billion, says Strategy Analytics
- Associated shipments growing at a CAGR of 3.8%
BOSTON, April 30, 2015 /PRNewswire/ -- Continuing demand for satellite communications will translate to continued spending on military satellite terminals. The Strategy Analytics Advanced Defense Systems (ADS) service series of military satellite terminal forecasts, outline global defense expenditure trends segmented on a regional basis before breaking out the expected spend on military satellite terminals incorporating systems, hardware, support and related services across the land, air and naval domains.
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- North America is estimated to have the largest demand, but will be superseded by spending from the Asia-Pacific region from 2017 onwards. There will also be growth in demand from the other regions with spending in the MEA region expected to grow at a CAGR of 4.3%.
- Land-based terminals will represent the largest market in dollar terms, accounting for 49% of the total market, and also represent the bulk of volume in terms of total shipments.
- The total number of terminal shipments is forecast to reach over 8000 units.
Strategy Analytics Global Military Satellite Terminal Market and Technology Forecast: 2014 - 2024 outlines analysis looking at the total military satellite terminal sector providing segmentation detail related to form factors, platforms, frequency, power and associated enabling component demand. The associated Land Military Satellite Terminal Market and Technology Forecast: 2014 - 2024, Airborne Military Satellite Terminal Market and Technology Forecast: 2014 - 2024 and Shipborne Military Satellite Terminal Market and Technology Forecast: 2014 - 2024 data models provide a deeper dive into system shipments segmented across the different domains.
"As well as growing demand for higher frequency Ka-band terminals, there will be an increasing emphasis towards systems that can support multi-band and/or wideband operation which will also influence future component technology choice and demand," notes Eric Higham, North American Director for ADS.
"Portable/dismounted terminals will drive volume in the land sector while the airborne sector will start to see increasing demand from the unmanned sector," observed Asif Anwar, Director at Strategy Analytics. "A continued emphasis on high power, long range communications will translate into the market for vacuum tube-based components remaining stable, especially in the shipborne military satellite terminal market. Across the board, however, solid-state semiconductor technologies such as GaN will see increasingly robust adoption."
About Strategy Analytics
Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com
European Contact: Asif Anwar, +44(0) 1908 423 635, aanwar@strategyanalytics.com
US Contact: Eric Higham, +1 617 614 0721, ehigham@strategyanalytics.com
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