The Satellite Cables and Assemblies Market is projected to grow from USD 210 million in 2021 to USD 560 million by 2026, at a CAGR of 21.7 %. Satellite cables and assemblies systems hold a huge potential for satellite data service providers, small sat service providers, remote sensing service providers, technical service providers, and investors. Factors such as versatility, low cost, advanced materials, ease of manufacturing and assembly, mass production, and short lifecycles have driven investments in the satellite cables and assemblies market. Satellite cables and assemblies are inherently balanced and provide better mechanical reliability than the conventional cables for transmitting signals, supplying power, or sending earth images.
Major manufacturers in this market are based in North America and Europe. Nexans S.A (France), Amphenol Corporation (US), T.E Connectivity (Switzerland), Huber +Suhner (Switzerland), W.L Gore & Associates (US) are among a few leading players operating in the satellite cables and assemblies market. Major focus was given to the development of new hardware due to the changing requirements of satellite communication and earth observation service customers across the world. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities further to expand their presence in the satellite cables and assemblies market.
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Nexans SA offers a complete service leveraging digital technology to maximize the performance and efficiency of critical assets. The Nexan Group designs solutions and services for the entire value chain in three main business areas: building & territories (including utilities and e-mobility), high voltage & projects (covering offshore wind farms, subsea interconnections, land high voltage), telecom & data, and industry & solutions (including renewables, transportation, oil and gas, automation), and others.
Nexans SA focuses on automation, renewables & wind OEMs, aerospace, rail & rolling stock, and downstream oil & gas sectors under the industry and solution segment. Its goal is to support OEMs with customized cabling and connectivity solutions for power, data transmission, and automation needs. Its product portfolio is comprehensive and covers nearly all demands such as airframe wires & cables, fire-zone & high-temperature cables, power feeders, coax, databus, quad Ethernet, and optical fiber for IFE and subsystems.
Amphenol Corporation is the largest provider of high-technology interconnect sensors and antenna solutions. The company offers capabilities to various end markets, including space, automotive, broadband communications, commercial aerospace, industrial, information technology, data communications, military, mobile devices, and mobile networks.
Amphenol Corporation works under the following segments: interconnect products and assemblies and cable products and solutions. The Amphenol MAO, a subsidiary of Amphenol, manufacturers products such as connector & connector systems, sensor & sensor-based products, and value add products, including cable assemblies, harnesses, cable management products, cables, and their components. These products are used in commercial aerospace for various applications such as aircraft & airframe power distribution, avionics, controls and instrumentation, engines, in-flight entertainment, in-flight internet connectivity, lighting and control systems, wire bundling, and cable management. The company offers its solutions in the US, China, and other countries.
TE Connectivity Ltd. is a global industrial technology leader creating a safer, sustainable, productive, and connected future. The broad range of connectivity and sensor solutions is proven in the harshest environments, enabling advancements in transportation, industrial applications, medical technology, energy, data communications, and the home.
TE Connectivity Ltd. is segmented into transportation, industrial, and communication solutions. Its products are used in aerospace, defense, oil & gas, industrial equipment. Communication solutions include appliances, data, and devices. It also offers aluminum wire & cables, cable assemblies, high-speed digital & data cables, hookup wires, multicore cables, power cables, wire & cable accessories, etc. Cable assemblies include copper cable assemblies, data bus components, fiber optic cable assemblies, high-speed backplane cable assemblies, and RF cable assemblies. The company offers products and solutions across Asia Pacific, Europe, the Middle East, Africa, and America.
Huber+Suhner offers customers around the globe products and services for their electrical and optical connectivity needs. The company focuses on the industrial, communication, and transportation markets, which are addressed under 3 business segments: radio frequency, fiber optics, and low frequency. Huber+Suhner products deliver high performance, quality, reliability, and long service. A global production network, combined with subsidiaries and agencies in over 80 countries, has enhanced its customer reach. It provides solutions to various markets such as automotive, aerospace, space, etc. It offers products and services across America, Asia, Switzerland, and EMEA (Europe, Middle East, and Africa)
WL Gore & Associates, Inc is a technology company incorporated in 1958 and headquartered in Newark, United States of America. The operating segment is product-based and includes manufacturing space cables and assemblies, advanced synthetic fabrics used for aerospace, electronics, clothing, automotive, medical, and other applications.
The cable and cable assemblies division cater to various segments such as Outer Space, Aerospace, Defense, Land systems, semiconductors, and microelectronics. In 1958, the company started prototyping ribbon cables and fluorocarbon-insulated wires for use in space vehicles (satellites, rockets), defense aircraft, and ground control equipment. It provides high-performance solutions for semiconductors, oil well drilling equipment, commercial airliners, etc.
Satellite Cables and Assemblies Market by Satellite Type (Small, Medium, Large satellites), Component (Cables, Connectors), Cable type, Conductor material (Metal Alloys, Fibers), Insulation type, Conductor type and Region - Forecast to 2026
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