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#Satellite Communication (SATCOM) Equipment Market Size And Revenue Forecast Through 2030
The satellite communication (satcom) equipment market size has seen rapid growth in recent years. It is projected to expand from $46.8 billion in 2025 to $54.44 billion in 2026, achieving a compound annual growth rate (CAGR) of 16.3%. This historical growth can be attributed to the broadening of satellite-based communication networks, the increasing utilization of satellites for defense and military applications, the rising reliance on satellite broadcasting, the development of global navigation systems, and the growing demands for remote connectivity.
The satellite communication (satcom) equipment market is projected to undergo substantial expansion in the upcoming years. Its value is expected to reach $102.98 billion by 2030, growing at a compound annual growth rate (CAGR) of 17.3%. This anticipated growth can be linked to the increasing rollout of low-earth-orbit satellite constellations, a rising need for broadband satellite services, the extended application of satcom in various mobility platforms, a sharpening focus on secure satellite communications, and greater investments in future satellite infrastructure. Significant trends for this period encompass the increased deployment of high-throughput satellite terminals, the growing acceptance of small satellite communication equipment, an escalating demand for secure satcom systems, the modernization of ground stations, and an intensified focus on low-latency satellite connectivity.
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Satellite Communication (SATCOM) Equipment Market Opportunity Drivers: What Is Creating New Revenue Potential?
The expanding presence of mobile satellite services and a growing count of small satellites are propelling the expansion of the satellite communication (SATCOM) equipment market. Mobile satellite services (MSS) provide global two-way voice and data connectivity to individuals who are either traveling or living in secluded regions. The widespread uptake of both small and mobile satellites is rising, offering vital adaptability to various programs, particularly for earth science research endeavors. Facilitated by satellite communication equipment, small satellites empower scientists to further scientific and human exploration, cut down expenses for novel space missions, and broaden accessibility to space. For instance, in June 2024, a US-based trade association noted that as satellite capabilities and affordability continued to improve, the quantity of GEO satellites orbiting increased by 5 percent compared to 2022. Concurrently, commercial satellite sustainability initiatives started yielding significant income, contributing more than $300 million in 2023. Consequently, the rising volume of mobile satellite services and small satellites is fueling the demand for growth in the satellite communication (SATCOM) equipment market.
Satellite Communication (SATCOM) Equipment Market Segment Landscape: Which Areas Lead Market Development?
The satellite communication (satcom) equipment market covered in this report is segmented –
1) By Component Type: Amplifiers, Transceivers, Space Antennas, Transponders, Other Components
2) By Application: Navigation, Scientific Research, Communication, Remote Sensing, Other Applications
3) By End-Use: Commercial, Government, Military
Subsegments:
1) By Amplifiers: Low Noise Amplifiers (LNA), High Power Amplifiers (HPA), Traveling Wave Tube Amplifiers (TWTA), Solid State Power Amplifiers (SSPA)
2) By Transceivers: Satellite Transceivers, RF Transceivers, Optical Transceivers, Software-Defined Transceivers
3) By Space Antennas: Reflector Antennas, Phased Array Antennas, Patch Antennas, Helical Antennas
4) By Transponders: Bent-Pipe Transponders, Regenerative Transponders, Analog Transponders, Digital Transponders
5) By Other Components: Modems, Frequency Converters (Up-Converters And Down-Converters), Waveguides And RF Cables, Filters And Duplexers, Power Supply Units, Control And Monitoring Units
Satellite Communication (SATCOM) Equipment Market Innovation Trends: Which Developments Are Transforming The Industry?
Leading companies in the satellite communication (SATCOM) equipment sector are concentrating on alliances with aerospace firms to install satellite communication equipment, specifically high-speed SATCOM systems, in aircraft to improve ground connectivity. Such high-speed satellite communication systems facilitate safer flight operations with enhanced communication and tracking, also reducing the required distance between two aircraft from 100 nautical miles to 30 nautical miles. For example, in June 2023, Collins Aerospace, a US-based aerospace and defense technology company, unveiled a high-speed satellite communication (SATCOM) system for business jet cabins that integrates the Iridium Certus 700 broadband satellite service. The primary aim of the Collins Aerospace IRT NX SATCOM system is to provide comprehensive cabin connectivity for business jets of all sizes worldwide. Additionally, Bombardier Inc., a Canada-based aircraft manufacturing company, collaborated with Collins Aerospace to equip all Challenger 3500 aircraft with Iridium Certus connectivity.
Satellite Communication (SATCOM) Equipment Market Industry Leaders And Market Competition
Major companies operating in the satellite communication (satcom) equipment market are SKY Perfect JSAT Holdings Inc; SES S.A.; Telesat LLC; Intelsat S.A.; Viasat Inc.; L3 Technologies Inc.; General Dynamics Corporation; Thuraya Telecommunications Company; EchoStar Corporation; Honeywell International Inc.; Hughes Network Systems LLC; Boeing Company; General Dynamics Mission Systems Inc.; Iridium Communications Inc.; ASELSAN A.S.; Intellian Technologies Inc.; ST Engineering iDirect Inc.; Thales Group; Raytheon Technologies Corporation; Inmarsat Communications; KVH Industries Inc.; Orbcomm Inc.; Cobham PLC; Maxar Technologies Inc.; Viking SatCom Inc.; Kepler Communications; Gilat Satellite Networks; Comtech Telecommunications Corp.
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Satellite Communication (SATCOM) Equipment Market Geographic Distribution And Regional Opportunities
North America was the largest region in the satellite communication (SATCOM) equipment market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the satellite communication (satcom) equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.