Satellite Modem Market by Channel Type (SCPC & MCPC), Data Rate (High-Speed, Mid-Range, Entry-Level), Application (Mobile & Backhaul, IP Trunking, Offshore Communication), End User (Telecom, Marine, Oil & Gas), & Geography - Global Forecast to 2023
The satellite modem market is expected to grow from USD 282.4 Million in 2016 to USD 420.4 Million by 2023, at a CAGR of 6.0% between 2017 and 2023. The base year considered for the study is 2016, and the forecast period is between 2017 and 2023. The major factors driving the growth of the market include continuous innovation by satellite modem manufacturers to ensure the growth of the satellite modem market, rising need for enriched high-speed data communication, and growing demand for satellite communication from various verticals.
The report aims at estimating the satellite modem market size and future growth potential of the satellite modem market based on channel type, data rate, application, end user, and region. The report analyzes the structure of the market by identifying various segments of the market. It aims at identifying the major market trends and factors driving or restraining the growth of the market and its various submarkets. Moreover, this report analyzes the value chain of the satellite modem ecosystem. Furthermore, the report analyzes opportunities in the market for stakeholders by identifying the high-growth segments of the market, strategically profiles the key market players, and comprehensively analyzes their market size and core competencies in each segment.
The research methodology used to estimate and forecast the satellite modem market begins with obtaining data on key vendor revenues through secondary research. Some of the secondary sources referred to for this research include International Telecommunications Satellite Organization (US), International Mobile Satellite Organization (IMSO) (UK), and The Satellite Industry Association (SIA) (US). The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the market from the revenues of the key players. After arriving at the overall market size, the total market has been split into several segments, which have then been verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedure have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments.
The breakdown of primary participants has been depicted in the following figure:
To know about the assumptions considered for the study, download the pdf brochure
The satellite modem ecosystem includes R&D associations, R&D, product manufacturers/OEMs, satellite operators, and end users. The satellite modem market comprises major players such as ORBCOMM INC. (US), ViaSat Inc. (US), Gilat Satellite Networks Ltd. (Israel), NovelSat (Israel), Comtech EF Data Corporation. (US), Newtec Cy N.V. (Belgium), Datum Systems Inc. (US), Teledyne Paradise Datacom (UK), Hughes Network Systems, LLC (US), Advantech Wireless (Canada), WORK Microwave GmbH (Germany), and Amplus Communication Pte Ltd (Singapore)
Target Audience of the Report:
The intended audience for this report includes:
- Satellite operators
- Satellite service providers
- Telecom network operators
- Satellite equipment manufacturers and integrators
- Internet service providers
Scope of the Report
In this report, the satellite modem market has been segmented on the basis of channel type, data rate, application, end user, and region. To provide a holistic picture, the current market demand and forecasts have also been included in the report. The research report segments the market as follows:
Satellite Modem Market, by Channel Type:
- Single Channel Per Carrier (SCPC) Modems
- Multiple Channel Per Carrier (MCPC) Modems
Satellite Modem Market, by Data Rate:
- High-Speed Data Rate Modems
- Mid-Range Data Rate Modems
- Entry-Level Data Rate Modems
Satellite Modem Market, by Application:
- Mobile & Backhaul
- IP Trunking
- Offshore Communication
- Tracking & Monitoring
- Others
By End User:
- Energy & Utilities
- Mining
- Telecommunication
- Marine
- Military & Defense
- Transportation & Logistics
- Oil & Gas
- Other
By Region:
- North America
- Asia Pacific (APAC)
- Europe
- Rest of the World (RoW)
Available Customizations
With the given satellite modem market data, MarketsandMarkets offers customizations according to the companys specific needs. The following customization options are available for the report:
- Company information: Detailed analysis and profiling of additional five market players
The satellite modem market is expected to grow from USD 296.4 Million in 2017 to USD 420.4 Million by 2023, at a CAGR of 6.0% between 2017 and 2023. The major factors driving the growth of the satellite modem market include continuous innovation by satellite modem manufacturers to ensure the growth of the market, rising need for enriched high-speed data communication, and growing demand for satellite communication from various verticals.
In this report, the satellite modem market is segmented on the basis of channel type, data rate, application, end user, and geography. Based on channel type, the MCPC modem is expected to drive the market in terms of market share as well as growth rate. This is because MCPC offers unparalleled channel efficiency, which is the core requirement of high-data-traffic industries such as mobile communication, and internet & broadband services. Therefore, the adoption rate of MCPC modem is expected to grow in above industries.
High-speed data rate modem is expected to hold the largest satellite modem market share between 2017 and 2023. High-speed data rate satellite modems are widely deployed to address the growing need for high-speed communication in applications such as mobile & backhaul and offshore communication, among others, which would help the satellite modem market to grow in terms of market share. The tracking and monitoring application is estimated to hold the largest market share because tracking and monitoring play a crucial role in industries such as transportation & logistics, marine, and military & defense to manage and track critical information such as real-time location, fuel consumption, and speed of the vehicles. For this, basic satellite infrastructure is required, wherein satellite modems are critical for transmitting and receiving data between the head office and the vehicle.
In terms of end users, the satellite modem market for military & defense is expected to grow at the highest rate during the forecast period. In the military & defense industry, reliable, secure, and uninterrupted communication is crucial irrespective of the location and weather condition. For this, satellite connectivity with the help of modems is the ideal solution. Furthermore, satellite modems also help in providing secure communication by following the encryption technology, which would make modem perfectly suitable for military & defense purposes.
The growth of the satellite modem market in the North America is likely to be fueled by the growing demand for satellite modems from major industries such as oil & gas, marine, and military & defense, where voice, video, data communication is critical for efficient decision-making. The US is at the forefront of adopting and installing the satellite communication network for all these industries. The market in APAC is likely to grow at a high rate between 2017 and 2023. The increasing telecom connectivity within the region drives the demand for mobile and backhaul, and satellite-based backhaul. Also, with the growing Long-Term Evolution (LTE) technology in Asian countries and the growth of broadband services in rural areas, there would be a strong demand for satellite services in the region not only for coverage but also for acquiring new customers. Thus, the growth of satellite-based backhauling and 4G rollout offers a major opportunity for the satellite modem market in APAC.
The major challenges for the companies in the market include meeting the increasing demand for high bandwidth application.
The major vendors in the satellite modem market include ORBCOMM INC. (US), ViaSat Inc. (US), Gilat Satellite Networks Ltd. (Israel), NovelSat (Israel), Comtech EF Data Corporation. (US), Newtec Cy N.V. (Belgium), Datum Systems Inc. (US), Teledyne Paradise Datacom (UK), Hughes Network Systems, LLC (US), Advantech Wireless (Canada), WORK Microwave GmbH (Germany), and Amplus Communication Pte Ltd (Singapore).
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Table of Contents
1 Introduction (Page No. - 14)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Research Data
2.1.1 Secondary and Primary Research
2.1.1.1 Key Industry Insights
2.1.2 Secondary Data
2.1.2.1 Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Interviews With Experts
2.1.3.2 Breakdown of Primaries
2.1.3.3 Key Data From Primary Sources
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 28)
4 Premium Insights (Page No. - 34)
4.1 Attractive Opportunities in the Market
4.2 Market in APAC, By End User
4.3 Market, By Channel Type and By Data Rate
4.4 Market, By Geography
5 Market Overview (Page No. - 37)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Continuous Innovations By Satellite Modem Manufacturers
5.2.1.2 Rising Need for Enriched High-Speed Data Communication
5.2.1.3 Growing Demand for Satellite Communication From Various Verticals
5.2.2 Restraints
5.2.2.1 Lack of International Regulations on Common Protocols and Communication Standards for Satellite Modems
5.2.3 Opportunities
5.2.3.1 Conjunction of Satellite and Mobile Technologies
5.2.3.2 Growing Demand for Satellite Communication in Internet of Things (IoT)
5.2.4 Challenges
5.2.4.1 Meeting the Increasing Demand for High Bandwidth Application
5.3 Value Chain Analysis
6 Satellite Modem Market, By Channel Type (Page No. - 43)
6.1 Introduction
6.2 Single Channel Per Carrier (SCPC) Satellite Modem
6.3 Multiple Channel Per Carrier (MCPC) Satellite Modem
7 Satellite Modem Market, By Data Rate (Page No. - 53)
7.1 Introduction
7.2 High-Speed Data Rate Satellite Modem
7.3 Mid-Range Data Rate Satellite Modem
7.4 Entry-Level Data Rate Satellite Modem
8 Market, By Application (Page No. - 62)
8.1 Introduction
8.2 Mobile & Backhaul
8.3 IP Trunking
8.4 Offshore Communication
8.5 Tracking & Monitoring
8.6 Others
9 Market, By End User (Page No. - 73)
9.1 Introduction
9.2 Energy & Utilities
9.3 Mining
9.4 Telecommunication
9.5 Marine (Sea Or Water Transportation)
9.6 Military & Defense
9.7 Transportation and Logistics (Road Transportation)
9.8 Oil & Gas
9.9 Others
10 Geographic Analysis (Page No. - 88)
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Others
10.4 APAC
10.4.1 China
10.4.2 Japan
10.4.3 South Korea
10.4.4 India
10.4.5 Others
10.5 Rest of the World
10.5.1 South America
10.5.2 Middle East & Africa
11 Competitive Landscape (Page No. - 110)
11.1 Overview
11.2 Market Ranking Analysis 2016: Satellite Modem Market
11.3 Competitive Leadership Mapping
11.3.1 Visionary Leaders
11.3.2 Dynamic Differentiators
11.3.3 Emerging Companies
11.3.4 Innovators
11.4 Competitive Benchmarking
11.4.1 Strength of Product Portfolio
11.4.2 Business Strategy Excellence
25 Companies analyzed across the ecosystem are ORBCOMM INC.; ViaSat Inc.; Gilat Satellite Networks Ltd.; Comtech EF Data Corporation; Newtec Cy N.V.; Datum Systems; Teledyne Paradise Datacom; Hughes Network Systems, LLC; Advantech Wireless; WORK Microwave GmbH; Amplus Communication Pte Ltd; NovelSat; Ayecka Communication Systems, Ltd.; Singapore Technologies Electronics Limited; ND SatCom GmbH; Satcom Resources; Thuraya Telecommunications Company; General Dynamics SATCOM Technologies; Real-Time Logic, Inc.; Rohde & Schwarz INRADIOS GmbH; VT iDirect, Inc.; ASELSAN A.S.; HILTRON Communications; Satexpander; Warwick Wireless Ltd
11.5 Competitive Situations and Trends
11.5.1 Battle for Market Share: Product Launches Emerged as the Key Strategy
12 Company Profiles (Page No. - 118)
12.1 Introduction
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments)*
12.2 ORBCOMM INC.
12.3 ViaSat Inc.
12.4 Gilat Satellite Networks Ltd.
12.5 Novelsat
12.6 Comtech EF Data Corporation
12.7 Newtec Cy N.V.
12.8 Datum Systems
12.9 Teledyne Paradise Datacom
12.10 Hughes Network Systems, LLC
12.11 Advantech Wireless
12.12 WORK Microwave GmbH
12.13 Ayecka Communication Systems, Ltd.
12.14 Amplus Communication Pte Ltd
*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.
13 Appendix (Page No. - 155)
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets Subscription Portal
13.4 Introducing RT: Real Time Market Intelligence
13.5 Available Customizations
13.6 Related Report
13.7 Author Details
List of Tables (64 Tables)
Table 1 List of Major Secondary Sources
Table 2 Assumptions for the Research Study
Table 3 Satellite Modem Market, By Channel Type, 20142023 (USD Million)
Table 4 Market, By Channel Type, 20142023 (Units)
Table 5 Single Channel Per Carrier (SCPC) Modem Market, By Data Rate, 20142023 (USD Million)
Table 6 Single Channel Per Carrier (SCPC) Market, By Data Rate, 20142023 (Units)
Table 7 Single Channel Per Carrier (SCPC) Market, By Application, 20142023 (USD Million)
Table 8 Single Channel Per Carrier (SCPC) Market, By End-User, 20142023 (USD Million)
Table 9 Single Channel Per Carrier (SCPC) Market, By Region, 20142023 (USD Million)
Table 10 Multiple Channel Per Carrier (MCPC) Modem Market, By Data Rate, 20142023 (USD Million)
Table 11 Multiple Channel Per Carrier (MCPC) Market, By Data Rate, 20142023 (Units)
Table 12 Multiple Channel Per Carrier (MCPC) Market, By Application, 20142023 (USD Million)
Table 13 Multiple Channel Per Carrier (MCPC) Market, By End-User, 20142023 (USD Million)
Table 14 Multiple Channel Per Carrier (MCPC) Market, By Region, 20142023 (USD Million)
Table 15 Market, By Data Rate, 20142023 (USD Million)
Table 16 High-Speed Data Rate Market, By Channel Type, 20142023 (USD Million)
Table 17 High-Speed Data Rate Market, By Application, 20142023 (USD Million)
Table 18 Mid-Range Data Rate Market, By Channel Type, 20142023 (USD Million)
Table 19 Mid-Range Data Rate Market, By Application, 20142023 (USD Million)
Table 20 Entry-Level Data Rate Market, By Channel Type, 20142023 (USD Million)
Table 21 Entry-Level Data Rate Market, By Application, 20142023 (USD Million)
Table 22 Market, By Application, 20142023 (USD Million)
Table 23 Market, By Application, 20142023 (Units)
Table 24 Market for Mobile & Backhaul, By Channel Type, 20142023 (USD Million)
Table 25 Market for Mobile & Backhaul, By Data Rate, 20142023 (USD Million)
Table 26 Market for IP Trunking, By Channel Type, 20142023 (USD Million)
Table 27 Market for IP Trunking, By Data Rate, 20142023 (USD Million)
Table 28 Market for Offshore Communication, By Channel Type, 20142023 (USD Million)
Table 29 Market for Offshore Communication, By Data Rate, 20142023 (USD Million)
Table 30 Market for Tracking & Monitoring, By Channel Type, 20142023 (USD Million)
Table 31 Market for Tracking & Monitoring, By Data Rate, 20142023 (USD Million)
Table 32 Market for Other Applications, By Channel Type, 20142023 (USD Million)
Table 33 Market for Other Applications, By Data Rate, 20142023 (USD Million)
Table 34 Market, By End User, 20142023 (USD Million)
Table 35 Market for Energy & Utilities, By Channel Type, 20142023 (USD Million)
Table 36 Market for Energy & Utilities, By Region, 20142023 (USD Million)
Table 37 Market for Mining, By Channel Type, 20142023 (USD Million)
Table 38 Market for Mining, By Region, 20142023 (USD Million)
Table 39 Market for Telecommunication, By Channel Type, 20142023 (USD Million)
Table 40 Market for Telecommunication, By Region, 20142023 (USD Million)
Table 41 Market for Marine, By Channel Type, 20142023 (USD Million)
Table 42 Market for Marine, By Region, 20142023 (USD Million)
Table 43 Market for Military & Defense, By Channel Type, 20142023 (USD Million)
Table 44 Market for Military & Defense, By Region, 20142023 (USD Million)
Table 45 Market for Transportation & Logistics, By Channel Type, 20142023 (USD Million)
Table 46 Market for Transportation & Logistics, By Region, 20142023 (USD Million)
Table 47 Market for Oil & Gas, By Channel Type, 20142023 (USD Million)
Table 48 Market for Oil & Gas, By Region, 20142023 (USD Million)
Table 49 Market for Other End Users, By Channel Type, 20142023 (USD Million)
Table 50 Market for Other End Users, By Region, 20142023 (USD Million)
Table 51 Satellite Modem Market, By Region, 20142023 (USD Million)
Table 52 Market in North America, By End User, 20142023 (USD Million)
Table 53 Market in North America, By Channel Type, 20142023 (USD Million)
Table 54 Market in North America, By Country, 20142023 (USD Million)
Table 55 Market in Europe, By End User, 20142023 (USD Million)
Table 56 Market in Europe, By Channel Type, 20142023 (USD Million)
Table 57 Market in Europe, By Country, 20142023 (USD Million)
Table 58 Market in APAC, By End User, 20142023 (USD Million)
Table 59 Market in APAC, By Channel Type, 20142023 (USD Million)
Table 60 Market in APAC, By Country, 20142023 (USD Million)
Table 61 Market in RoW, By End User, 20142023 (USD Million)
Table 62 Market in RoW, By Channel Type, 20142023 (USD Million)
Table 63 Market in RoW, By Region, 20142023 (USD Million)
Table 64 Ranking of the Key Players in the Market, 2016
List of Figures (46 Figures)
Figure 1 Segmentation of Market
Figure 2 Satellite Modem Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Market, By By Data Rate, 20172023 (USD Million)
Figure 7 Market, By Chanel Type, 20142023 (USD Million)
Figure 8 Market Share, By Application (2017 vs 2023)
Figure 9 Market for Military & Defense Estimated to Witness the Highest Growth Between 20172023
Figure 10 Global Market, By Geography, 2016
Figure 11 Growing Demand for High-Speed Data Rate Communication to Drive the Market for High-Speed Satellite Modems During the Forecast Period
Figure 12 Oil & Gas Industry Held the Largest Share of the Market in APAC (2016)
Figure 13 Multiple Channel Per Carrier (MCPC) Satellite Modem Held the Largest Share of the Market in 2016
Figure 14 India to Register the Highest CAGR in the Market During the Forecast Period
Figure 15 Continuous Innovation By Satellite Modem Manufacturers Ensure the Growth of the Market
Figure 16 Market: Value Chain Analysis
Figure 17 Market, By Channel Type
Figure 18 Multiple Channel Per Carrier (MCPC) Satellite Modem Estimated to Grow at A Higher CAGR During the Forecast Period
Figure 19 Transportation & Logistics Industry for SCPC Satellite Modem Expected to Witness the Highest CAGR Between 2017 and 2023
Figure 20 North America to Lead the Global MCPC Market During the Forecast Period
Figure 21 Market, By Data Rate
Figure 22 High-Speed Data Rate Satellite Modem Estimated to Hold the Largest Market Share Between 2017 and 2023
Figure 23 MCPC Satellite Modem Expected to Hold the Larger Market Size for Mid Range Data Rate Modems During the Forecast Period
Figure 24 Entry-Level Data Rate Market for Tracking & Monitoring Estimated to Grow at the Highest CAGR Between 2017 and 2023
Figure 25 Market, By Application
Figure 26 Market for Offshore Communication Estimated to Grow at the Highest CAGR Between 2017 and 2023
Figure 27 MCPC Satellite Modem Estimated to Hold the Larger Share of the Market in 2017
Figure 28 Mid-Range Data Rate Market Estimated to Grow at the Highest CAGR for the Tracking and Monitoring Application Between 2017 and 2023
Figure 29 Market, By End User
Figure 30 Market for Military & Defense Estimated to Witness the Highest CAGR During the Forecast Period
Figure 31 MCPC Modem Estimated to Hold the Larger Share of the Telecommunication Market in 2017
Figure 32 North America to Lead the Global Market Between 2017 and 2022
Figure 33 Market, By Region (20172023)
Figure 34 Market in APAC Estimated to Grow at the Highest CAGR Between 2017 and 2023
Figure 35 US to Hold the Largest Share of the North American Market Between 2017 and 2023
Figure 36 Market in US Estimated to Hold the Largest Market Size By 2023
Figure 37 Market in UK to Witness the Highest CAGR Between 2017 and 2023
Figure 38 Germany to Hold the Largest Share of the Market in 2017
Figure 39 China to Lead the Market in APAC Between 2017 and 2023
Figure 40 Market in India to Grow at the Highest CAGR During the Forecast Period
Figure 41 Market in the Middle East & Africa Expected to Grow at the Highest CAGR Between 2017 and 2023
Figure 42 Companies Adopted Product Launches as the Key Growth Strategy Between 2011 and 2017
Figure 43 Market (Global) Competitive Leadership Mapping, 2017
Figure 44 ORBCOMM INC.: Company Snapshot
Figure 45 ViaSat Inc.: Company Snapshot
Figure 46 Gilat Satellite Networks Ltd.: Company Snapshot
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