The global Mobile Satellite Terminal market was valued at US$ 4.84 billion in 2023 and is projected to reach US$ 7.50 billion by 2030, at a CAGR of 6.45% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global key manufacturers of Mobile Satellite Terminal include Acorde Technologies S.A., AVL Technologies, Inc, C-Com Satellite Systems Inc, DataPath, Inc., Echo Star, Ericsson, GlobalStar, Globecomm Systems Inc and Hindawi Limited., etc. in 2023, the global top five players have a share approximately % in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Mobile Satellite Terminal, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Mobile Satellite Terminal. This report contains market size and forecasts of Mobile Satellite Terminal in global, including the following market information:
- Global Mobile Satellite Terminal Market Revenue, 2019-2024, 2025-2030, ($ millions)
- Global top five companies in 2023 (%)
The global market for mobile satellite terminals has been experiencing robust growth due to increasing demand for reliable and uninterrupted communication services in remote and underserved areas. This growth is further driven by advancements in satellite technology and the rising need for secure military and defense communications.
Segment Analysis:
- By Type:
- Land Mobile: This segment holds the largest market share due to its extensive use in disaster management, emergency response, and remote area communications.
- Maritime: Significant growth is observed in this segment driven by increasing maritime activities and the need for efficient communication systems on vessels.
- Airborne: This segment is growing steadily, supported by the rising use of mobile satellite terminals in aviation for in-flight communication and connectivity.
- By End-User:
- Government & Defense: This sector remains the dominant user, accounting for over 40% of the total market share due to the critical need for secure and reliable communication in military operations.
- Transportation: Includes both maritime and aviation, contributing significantly to market expansion.
- Oil & Gas: The demand in this sector is driven by the need for robust communication systems in offshore and remote exploration sites.
- Others: This includes sectors like media, mining, and emergency services.
Regional Insights:
- North America: The largest market due to significant investments in defense and disaster management. The presence of major players and advanced technological infrastructure also contributes to its dominance.
- Europe: Follows closely due to the region’s focus on enhancing communication systems for maritime and aviation sectors.
- Asia-Pacific: Expected to witness the highest growth rate due to increasing government initiatives for disaster management and expanding oil & gas exploration activities.
- Latin America and Middle East & Africa: These regions are also showing promising growth potential, driven by investments in infrastructure development and increasing maritime activities.
Key Market Drivers:
- Technological Advancements: Innovations in satellite technology, such as higher bandwidth capacities and reduced latency, are fueling market growth.
- Rising Demand for Uninterrupted Communication: The need for reliable communication in remote and underserved areas is a significant driver.
- Military and Defense Applications: Increasing defense budgets and the need for secure communication channels are propelling demand in this sector.
- Disaster Management and Emergency Response: The growing frequency of natural disasters necessitates robust communication systems for effective response and coordination.
Challenges:
- High Costs: The high cost of mobile satellite terminals and associated services can be a barrier for market growth.
- Regulatory Hurdles: Different countries have varying regulatory frameworks for satellite communication, which can complicate market operations.
- Competition from Terrestrial Networks: The expanding reach of terrestrial communication networks poses a competitive threat to satellite-based solutions.
Competitive Landscape:
- Key Players: Some of the prominent players in the market include Inmarsat, Iridium Communications Inc., Viasat Inc., and Thuraya Telecommunications Company.
- Strategic Initiatives: Companies are focusing on strategic collaborations, mergers and acquisitions, and technological innovations to enhance their market position and expand their product portfolios.
We surveyed the Mobile Satellite Terminal companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Mobile Satellite Terminal Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global Mobile Satellite Terminal Market Segment Percentages, by Type, 2023 (%)
- Video Services
- Voice Services
- Data Services
- Tracking and Monitoring Services
Global Mobile Satellite Terminal Market, by Application, 2019-2024, 2025-2030 ($ millions)
Global Mobile Satellite Terminal Market Segment Percentages, by Application, 2023 (%)
- Oil and gas
- Mining
- Military and defense
- Aviation
- Transportation
- Others
Global Mobile Satellite Terminal Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global Mobile Satellite Terminal Market Segment Percentages, By Region and Country, 2023 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Mobile Satellite Terminal revenues in global market, 2019-2024 (estimated), ($ millions)
- Key companies Mobile Satellite Terminal revenues share in global market, 2023 (%)
key players include:
- Acorde Technologies S.A.
- AVL Technologies, Inc
- C-Com Satellite Systems Inc
- DataPath, Inc.
- Echo Star
- Ericsson
- GlobalStar
- Globecomm Systems Inc
- Hindawi Limited.
- Hughes Network Systems LLC
- Inmarsat
- Intelsat
- Iridium Communications
- Light Squared
- ND SatCom GmbH
- ORBCOMM
- Rig Net
- SingTel
- Telstra
- Ultisat
- Via Sat
Outline of Major Chapters:
Chapter 1: Introduces the definition of Mobile Satellite Terminal, market overview.
Chapter 2: Global Mobile Satellite Terminal market size in revenue.
Chapter 3: Detailed analysis of Mobile Satellite Terminal company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Mobile Satellite Terminal in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
