Friday, October 4, 2013

Global Markets For Satellite Technologies To Reach $21.4 Billion By 2018

Telecommunication components, modules, and devices are integral to the crucial "eye in the sky" and data-relay functions that satellites perform for businesses and governments worldwide. At the ground monitoring-and-control level, telecommunication technologies help to control the satellite, transfer payload data, and allow end users to communicate with these satellites. Continuing developments in satellite functionality and demand as well as advances in end-user side applications will drive growth in this market over the next five years.
BCC Research provides an in-depth analysis of the global markets for telecommunication components, modules, and devices used in satellite technologies through its report Global Markets for SatelliteTechnologies . According to the report, this market was estimated at $18.5 billion in 2012 and is expected to reach $19.5 billion in 2013. BCC Research projects the market to grow to $21.4 billion by 2018, and register a five-year compound annual growth rate (CAGR) of 1.9% from 2013 to 2018.

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Use this report to:
  • Gain an overview of the global market for satellite technologies, which is a complex interplay of defense, regulatory, and market forces as the technology is considered a critical resource in most countries.
  • Analyze global market trends, with data from 2011 and 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018.
  • Understand how commercial applications of satellites have developed almost hand-in-hand with defense, communications, and environmental applications.
  • Evaluate coverage of broadcast and network management equipment and devices, including transponders, antennas, gateways, and terrestrial management infrastructure; and coverage of user premise-based and user-operated equipment and devices, including satellite phones, satellite radios, VSATs, navigation devices, reception antennas, and set-top boxes.
  • Review a breakdown of satellite applications, such as defense, weather, communications, and navigation, as well as end-use applications, such as gaming, media, and entertainment; telecommunications; education and research; defense and government; maritime; logistics; and automotive.
This report provides a granular analysis of the market for telecommunication components, modules, and devices in satellite technologies. It will be of value to telecommunication component makers to identify the market size for their products in each operating segment, as well as to anyone who needs to know where this market is heading over the next five years.

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