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Dublin, Jan. 25, 2021 (GLOBE NEWSWIRE) -- The "Satellite Connectivity Market - A Global and Regional Analysis: Focus on Satellite Connectivity Solutions, End Users, Components, Application, and Operational Orbit - Analysis and Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering. The satellite connectivity industry analysis projects the market to have significant growth of CAGR of 13.09% based on the values during the forecast period from 2020 to 2027. The North America region is expected to dominate the market by 2027 with a share of 43.21%. The North America region includes the U.S. and Canada, but the U.S. is expected to acquire a major share in 2027 due to the increase in the investment of companies in the country. The satellite connectivity market has gained huge importance in the past few years. This is due to the rising demand for commercial satellite communications. Several space agencies and research organizations and industry players are engaged in establishing global satellite communications. Scope of the Global Satellite Connectivity Market The satellite connectivity market research provides the market information for segmentation such as the range of application of satellite communications based on its end-users and range of usable frequencies. The market is also divided depending upon the components and their operational orbits. The market analysis examines the satellite connectivity market outlook in terms of the trends, driving forces, opportunities, technological advancements, and competitive benchmarking, among others. The report further takes into consideration the market and business dynamics, along with the detailed product contribution of the key players operating in the market. Global Satellite Connectivity Market Segmentation The report constitutes an extensive study of the satellite connectivity industry. The report largely focuses on providing market information for satellite communication covering various segments, components, frequencies, and regions. The frequency range included VHF, UHF, SHF, and EHF. The orbits were classified into low Earth orbit, middle Earth orbit, and geostationary orbit. The market is further segmented into three end use, namely government/civil, defense, and commercial. The satellite connectivity market is segregated by region under four major regions, namely North America, Europe, APAC, and Rest-of-the-World. Data for each of these regions (by country) is provided. Key Companies in the Global Satellite Connectivity Industry The key players in the global satellite connectivity market include Thales Group, Indra Group, Echostar, Viasat, General Dynamics, Inmarsat, Cobham PLC, L3Harris Technologies, Honeywell, Israel Aerospace Industries, Norsat, Aselasan, SitaOnAir, Collins Aerospace (UTC), Singtel, Telemar Group, Marlink, Leonardo S.p.A, SpaceX, Kongsberg and government space agencies such as the European Space Agency (France), and Indian Space Research Organisation (India). Key Questions Answered in this Report: What are the major drivers, challenges, and opportunities for the satellite connectivity market during the forecast period 2020 -2027?How is COVID -19 affecting the growth of the global satellite connectivity market?What are the recent trends in the satellite connectivity market and shift in demand within the orbit segment?Who are the key players in the satellite connectivity market, and what is their competitive benchmarking?What is the expected revenue generated by the global satellite connectivity market during the forecast period 2020 -2027?What are the strategies adopted by the key players in the market to increase its market presence in the industry?Which application of the satellite connectivity and end-user is expected to dominate the market in 2027?What are the competitive strengths of the key players in the satellite connectivity market?What would be the aggravated revenue generated by the satellite connectivity market segmented by region (North America, Europe, Asia-Pacific, and Rest-of-the-World) by 2027? Key Topics Covered: 1 Markets1.1 Industry Outlook1.1.1 Impact of Futuristic Technologies on Satellite Connectivity Market1.1.1.1 Introduction of Multicarrier Modulation (MCM) to Increase Operational Efficiency of Satellite Connectivity1.1.1.2 Emergence of 5G Technology1.1.1.3 Adoption of Laser Communication to Increase Data Transfer Rates1.1.2 Regulatory Landscape1.2 Patent Analysis1.3 Impact of COVID-19 on Satellite Connectivity Market1.3.1 COVID-19 Effect on Manufacturing Sector1.3.2 COVID-19 Effect on Investment1.4 Supply Chain Analysis1.5 Business Dynamics1.5.1 Business Drivers1.5.1.1 Rising Dependency of Uninterrupted Satellite Connectivity Systems1.5.1.2 Adoption of New Technologies like IoT and AI in Satellite Connectivity Market1.5.1.3 Rising Use of Re-Usable Launch Systems and CubeSats To Reduce Satellite Launch Cost1.5.2 Business Challenges1.5.2.1 Short-Term Challenges1.5.2.1.1 Slow Data Transfer Speed, Posing Market Challenges1.5.2.2 Long-Term Challenges1.5.2.2.1 Rising Obsolete Satellites to Pose Threat in Space1.5.2.2.2 Decreasing Operational Space Slots in Low Earth Orbits Due to Mega Constellations1.5.3 Opportunities1.5.3.1 Connectivity Requirements in Rural Areas and Developing Countries1.5.3.2 Increasing Demand for High Speed Secure Uninterrupted and Private Communication Network1.5.3.3 Increasing Satellite Applications1.6 Key Market Insights and Development1.6.1 Key Strategies and Developments1.6.1.1 Product Development and Innovation1.6.1.2 Long Term Collaborations, Mergers, Acquisition, Investments1.6.1.3 Other Development 2 Application2.1 Global Satellite Connectivity Market (by End User)2.1.1 Government/Civil2.1.2 Defense2.1.3 Commercial2.2 Global Satellite Connectivity Market (by Application)2.2.1 Earth Observation2.2.2 Communication2.2.3 Navigation/Surveillance2.2.4 Technology Development 3 Products3.1 Global Satellite Connectivity Market (by Frequency)3.1.1 VHF3.1.2 UHF3.1.3 SHF3.1.4 EHF3.2 Global Satellite Connectivity Market (by Component)3.2.1 Transponder3.2.2 Receiver3.2.3 Encoder/Decoder3.2.4 Amplifier3.2.5 RF Repeater3.2.6 Antenna3.2.7 Others3.3 Global Satellite Connectivity Market (by Orbit)3.3.1 LEO3.3.2 MEO3.3.3 GEO 4 Region4.1 North America4.2 Europe4.3 Asia-Pacific4.4 Rest-of-the-World 5 Markets - Competitive Benchmarking & Company Profiles5.1 Competitive Benchmarking5.2 ASELSAN A.S.5.2.1 Company Overview5.2.1.1 Role of ASELSAN A.S. in Satellite Connectivity Market5.2.1.2 Product Portfolio5.2.2 Corporate Strategies5.2.2.1 Partnership and Collaboration5.2.3 Strength and Weakness of ASELSAN A.S.5.2.4 R&D Analysis5.3 Cobham Limited5.3.1 Company Overview5.3.1.1 Role of Cobham Limited in Satellite Connectivity Market5.3.1.2 Product Portfolio5.3.2 Business Strategies5.3.2.1 New Product Launch5.3.3 Strength and Weakness of Cobham Limited5.3.4 R&D Analysis5.4 Echostar Corporation5.4.1 Company Overview5.4.1.1 Role of Echostar Corporation in Satellite Connectivity Market5.4.1.2 Product Portfolio5.4.2 Business Strategies5.4.2.1 Satellite Developments5.4.3 Strength and Weakness of Echostar Corporation5.4.4 R&D Analysis5.5 Honeywell International Inc.5.5.1 Company Overview5.5.1.1 Role of Honeywell International Inc. in Satellite Connectivity Market5.5.1.2 Product Portfolio5.5.2 Corporate Strategies5.5.2.1 Partnership5.5.3 Strength and Weakness of Honeywell5.5.4 R&D Analysis5.6 General Dynamics5.6.1 Company Overview5.6.1.1 Role of General Dynamics in Satellite Connectivity Market5.6.1.2 Product Portfolio5.6.2 Corporate Strategies5.6.2.1 Partnership5.6.2.2 New Product Launch5.6.3 Strength and Weakness of General Dynamics5.6.4 R&D Analysis5.7 Indra Sistemas, S.A.5.7.1 Company Overview5.7.1.1 Role of Indra Sistemas, S.A.in Satellite Connectivity Market5.7.1.2 Product Portfolio5.7.2 Business Strategies5.7.2.1 Long Term Contract5.7.3 Strength and Weakness of Indra Sistemas, S.A.5.7.4 R&D Analysis5.8 Inmarsat Global Limited5.8.1 Company Overview5.8.1.1 Role of Inmarsat Global Limited in Satellite Connectivity Market5.8.1.2 Product Portfolio5.8.2 Business Strategies5.8.2.1 Business Collaboration5.8.3 Strength and Weakness of Inmarsat5.8.4 R&D Analysis5.9 Israel Aerospace Industries5.9.1 Company Overview5.9.1.1 Role of IAI in Satellite Connectivity Market5.9.1.2 Product Portfolio5.9.2 Business Strategies5.9.2.1 Product Developments5.9.3 Strength and Weakness of IAI5.9.4 R&D Analysis5.10 L3Harris Technologies, Inc.5.10.1 Company Overview5.10.1.1 Role of L3Harris Technologies in Satellite Connectivity Market5.10.1.2 Product Portfolio5.10.2 Business Strategies5.10.2.1 Product Developments5.10.3 Strength and Weakness of L3Harris technologies, Inc.5.10.4 R&D Analysis5.11 Myriota5.11.1 Company Overview5.11.1.1 Role of Myriota in Satellite Connectivity Market5.11.1.2 Product Portfolio5.11.2 Business Strategies5.11.2.1 Partnership5.11.3 Strength and Weakness of Myriota5.12 Norsat International Inc.5.12.1 Company Overview5.12.1.1 Role of Norsat International Inc.in Satellite Connectivity Market5.12.1.2 Product Portfolio5.12.2 Business Strategies5.12.2.1 New Product Launch5.12.3 Strength and Weakness of Norsat International Inc.5.13 Space Exploration Technologies Corp. (SpaceX)5.13.1 Company Overview5.13.1.1 Role of SpaceX in Satellite Connectivity Market5.13.1.2 Product Portfolio5.13.2 Business Strategies5.13.2.1 Product Innovation5.13.3 Strength and Weakness of SpaceX5.14 Thales Group5.14.1 Company Overview5.14.1.1 Role of Thales Group in Satellite Connectivity Market5.14.1.2 Product Portfolio5.14.2 Business Strategies5.14.2.1 Product Developments5.14.3 Strength and Weakness of Thales Group5.14.4 R&D Analysis5.15 Viasat, Inc.5.15.1 Company Overview5.15.1.1 Role of Viasat, Inc.in Satellite Connectivity Market5.15.1.2 Product Portfolio5.15.2 Business Strategies5.15.2.1 Product Developments5.15.3 Strength and Weakness of Viasat, Inc.5.15.4 R&D Analysis 6 Research Methodology For more information about this report visit https://www.researchandmarkets.com/r/h4rnaa CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900