PUBLISHER: Orion Market Research | PRODUCT CODE: 1159305
PUBLISHER: Orion Market Research | PRODUCT CODE: 1159305
Global Satellite Cables and Assemblies Market Size, Share & Trends Analysis Report, By Satellite Type (Small Satellite, Medium Satellite and Large Satellite), By Cable Type (Round Cables and Flat/Ribbon Cables), By Conductor Material (Metal Alloys, and Fibers), By Component (Cables, Conductors and Others), By Insulation Type (Thermosetting and Thermoplastic), By Conductor Type (Twisted Pair, Coaxial, Fiber Optics, and Shielded/Jacketed), Forecast (2022-2028).
The global satellite cables and assemblies market is anticipated to grow at a substantial CAGR during the forecast period. The growth of the global satellite cables and assemblies market during the forecast period can be attributed to the versatility, low cost, and advanced materials of satellite cables and assemblies. Furthermore, satellite launches and increasing demand for interconnect solutions are driving the growth of the market. For instance, in February 2022, ISRO launched the Polar Satellite Launch Vehicle PSLV- C52 with the EOS-04 satellite from the first launch pad of Satish Dhawan Space Centre (SDSC), SHAR, Sriharikota.
The global satellite cables and assemblies market is segmented based on satellite type, cable type, conductor material, component, insulation type and conductor type. Based on the satellite type, the market is sub-segmented into small satellites, medium satellites and large satellites. Based on the cable type, the market is sub-segmented into round cables and flat/ribbon cables. Based on the conductor material, the market is sub-segmented into metal alloys and fibers. Based on the component, the market is sub-segmented into the cables, conductors and others. Based on the insulation type, the market is sub-segmented into thermosetting and thermoplastic. Based on the conductor type, the market is sub-segmented into twisted pair, coaxial, fiber optics, and shielded/jacketed. Among these, the cable segment is anticipated to grow due to the increasing adoption of cables in modern communication technologies, miniaturization, and deep space exploration.
Geographically, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America holds the major share in the market due to the growing investment by the government in satellite technologies in the region. Furthermore, Asia-Pacific is the second-highest region to hold the market share due to the increasing adoption of advanced technologies in the countries such as China, and India in the region. Further, the launch of the small satellite in the region is also boosting the market growth. For instance, in March 2022, ISRO launched a small satellite launch vehicle (SSLV) for ground testing of the newly developed solid booster stage (SS1) at Satish Dhawan Space Centre (SDSC), Sriharikota.
The major companies serving the global satellite cables and assemblies market include Amphenol, Huber+Suhner, Nexans S.A, T.E Connectivity, and W.L Gore & Associates, Inc., among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, partnerships and collaborations, and geographical expansion, to stay competitive in the market. For instance, in January 2020, TE Connectivity announced the launch of M12 data cable assemblies that supports Ethernet protocols as part of its Industrial Ethernet and Fieldbus solutions package.
Research Methodology
The market study of the global satellite cables and assemblies Market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: