VSAT (Very Small Aperture Terminal) Market

Market Leader - VSAT (Very Small Aperture Terminal) Market

The global VSAT market size is projected to grow from USD 9.5 billion in 2020 to USD 13.7 billion by 2025, at a CAGR of 7.5% from 2020 to 2025. The market is driven by various factors, such as the growing demand for VSAT systems from the maritime industry and increasing demand for VSAT on-the-move solutions for various platforms, and for commercial services are the major drivers of VSAT market

Gilat Satellite Networks (Israel), L3 Harris Technologies (US), Viasat Inc (US), Inmarsat Global Limited (UK), and Orbit Communication System (Israel), among others, are some of the leading players operating in the VSAT Market. These players have adopted various organic and inorganic growth strategies to strengthen their position in the market. These include new product developments, contracts, partnerships, expansions, agreements, acquisitions, and research & development (R&D) activities further to expand their presence in the VSAT Market.

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Gilat Satellite Networks (Israel) is the leading player in the VSAT market. It has a strong presence in North America and Latin America, with approximately 72% of its revenue being generated from these regions. The company has a diverse product portfolio. The company designs and manufactures VSAT equipment and provides network management and professional services to satellite and telecommunication companies. It also provides services for in-flight connectivity, maritime, land mobility, cellular backhaul, broadband access, enterprise communications, and defense and public safety applications. In 2019, Gilat Satellite Networks announced that its subsidiary, Wave Stream, received an order worth USD 6 million from the US Department of Defense (DoD) for its state-of-the-art GaN BUCs.

L3Harris Technologies Inc (US) ranks second in the VSAT market. It is a key player in the US market, generating approximately 81% of its revenue from the country. The communication systems segment of the company offers integrated system solutions for the US and international defense and public safety networks. The company provides advanced VSAT systems that connect forces with communications satellites to deliver their data and mission-critical insights not just over the horizon, but anywhere on Earth. In January 2020, L3Harris Technologies has received a contract worth USD 100 million from the US Special Operations Command (USSOCOM) to upgrade very small aperture terminals (VSATs).

Viasat Inc (US) secures the third position in the VSAT market. The company has a strong presence in the US, with approximately 88% of its revenue being generated from the US. Viasat is a market leader in remote sensing antenna systems that process imaging data for applications like Google maps. Mobile satellite networking is one of the fastest-growing technologies. This technology is used in VSAT systems for commercial and military applications. The company also offers services that include installation, integration, and upgrading of frequency bands such as L-band, S-band, X-band, and Ka-band for VSAT systems globally. In January 2020, the US Air Force awarded Viasat a contract worth USD 90 million to provide special warfare airmen new handheld radios. Viasat will provide its battlefield awareness targeting system-dismounted (BATS-D) handheld Link 16 radios.

Inmarsat Global Limited (UK) ranks fourth in the VSAT market and has a strong global presence. It provides services for the aerospace, defense, transportation, and security markets. The company offers an unrivaled portfolio of global VSAT solutions, including VSAT services, to keep you connected at all times – whether traveling on land, at sea or in the air. The company also provides voice and high-speed data services to almost anywhere on the planet.  In 2019, Inmarsat secured a contract from Garuda to provide Inmarsat's GX Aviation inflight broadband solution.

Orbit Communication System (Israel) secures the fifth position in the VSAT market. Its VSAT services are used in a wide range of applications in jet fighters, cruise ships, navy vessels, ground vessels, and offshore platforms. The company delivers innovative, cost-effective, and reliable VSAT solutions to space agencies, defense securities, and aircraft companies. In March 2020, Orbit Communications Systems received a contract from an undisclosed Asian navy for the delivery of maritime VSAT terminals. The announcement of the contract was made at the Satellite 2020 Conference in Washington, DC, US.

Related Reports:

VSAT (Very Small Aperture Terminal) Market by Network Architecture, Vertical, Frequency, Solution (Equipment, Support Services, Connectivity), Platform (Land, Maritime, Airborne), End-Use (Broadband, Voice, Broadcast), and Region - Global Forecast to 2025

Mr. Aashish Mehra
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