Lucintel Forecasts the Global Satellite Spectrum Monitoring Market to Reach $6 Billion by 2030
Lucintel Forecasts the Global Satellite Spectrum Monitoring Market to Reach $6 Billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global satellite spectrum monitoring market looks promising with opportunities in the aerospace, maritime, oil & gas, military, government, telecom, and media and entertainment markets. The global satellite spectrum monitoring market is expected to reach an estimated $6 billion by 2030 from $4 billion in 2024 at a CAGR of 8.2% from 2024 to 2030. The major drivers for this market are growing need for satellite-based communication systems and expansive deep space communication networks, rising demand from defense industry, and increasing usage of broadband connectivity.
A more than 150-page report to understand trends, opportunity and forecast in global satellite spectrum monitoring market to 2030 by solution (hardware and software), frequency (very high frequency (VHF), ultra-high frequency (UHF), super high frequency (SHF), and extremely high frequency (EHF)), end use industry (aerospace, maritime, oil and gases, military, government, telecom, and media and entertainment), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that hardware will remain the larger segment over the forecast period due to increasing demand for products related to satellite spectrum monitoring, including analyzers, direction finders, and antennas.
Through this market, military will remain the largest segment over the forecast period due to growing military advancements and rising demands for satellite spectrum monitoring products and solutions in the coming years.
Europe is expected to witness the highest growth over the forecast period due to existence of a large number of satellite spectrum monitoring manufacturers, such as CRFS limited, Integrasys S.A., Sky and Space Company Limited, and Atos, as well as favorable government policies in the region.
Anritsu Corporation, Atos, Calian Group, Clearbox Systems, CRFS Limited, Integrasys, Keysight Technologies, Narda Safety Test Solutions, National Instruments Corporation, Tektronix are the major suppliers in the satellite spectrum monitoring market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056