Market Research Report
Global Middle Earth Orbit (MEO) Satellite Market 2021-2027
|Global Middle Earth Orbit (MEO) Satellite Market 2021-2027|
Published: January 28, 2022
Orion Market Research Pvt Ltd
Content info: 157 Pages
Delivery time: 2-3 business days
Global Middle Earth Orbit (GEO) Satellite Market Size, Share & Trends Analysis Report, By Component (SATCOM Transmitter, SATCOM Antenna, SATCOM Receiver, SATCOM Modem, and Others), By Application (Monitoring, Airtime, Voice transmission, Data transmission, Navigation, and Broadcasting), By Vertical (Energy and utility, Government and Defense, Transport, and Others) Forecast (2021-2027)
The global middle earth orbit (MEO) satellite market is anticipated to grow at a considerable CAGR during the forecast period. The increasing demand for satellite communication (SATCOM) coupled with the rising need for air traffic management is the prominent factor for the market growth. Moreover, the escalating demand for satellite communication (SATCOM) solutions in the aviation and defense sector for various applications such as atmospheric and geospace research, tactical communication, medium resolution imagery is further projected to enhance the overall market growth. With the rise of 5G network across the globe, SATCOM is expected to grow at a rapid pace, in turn growing the demand for the MEO satellite market.
The global middle earth orbit (MEO) satellite market is segmented on component, application, and vertical. Based on component, the market is sub-segmented into SATCOM transmitter, SATCOM antenna, SATCOM receiver, SATCOM modem, and others. On the basis of application, the market is sub-segmented into monitoring, airtime, voice transmission, data transmission, navigation, and broadcasting. Based on vertical, the market is sub-categorized into energy and utility, government and defense, transport, and others.
Geographically, the global middle earth orbit (MEO) satellite market covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and the Rest of the World.
Some of the companies operating in the global middle earth orbit (MEO) satellite market include SES S.A, Viasat, Inc., Intelsat, Telesat, Echostar Corp., L3Harris Technologies, SKY Perfect JSAT Holdings, Inc., Cobham Ltd., Gilat Satellite Networks, and many others.
The Report Covers