DUBLIN--(BUSINESS WIRE)--The "Global High-throughput Satellite Market - Focus on Application (Broadband, Enterprise, Mobility, Government, Cellular Backhaul, and Broadcast), and Subsystem: Analysis and Forecast, 2018-2023" report has been added to ResearchAndMarkets.com's offering.
Global High-throughput Satellite Market to Reach $7.31 Billion by 2023
The global high-throughput satellite market has exhibited a high growth in the recent past. Currently, the space industry is at the cusp of a major revolution, as a large number of HTS are expected to be launched in the next five years. The HTS market has witnessed a high growth rate owing to the growing need for network connectivity, rise in the demand for high-throughput satellite constellations, and increase in the deployment of high-throughput satellites for commercial end users. The recent innovations in satellite equipment and services enable the HTS technology to reach a wider segment of consumers in the industry.
HTS deliver much higher capacity than do traditional satellites at a mere fraction of the cost. This is made possible because HTS are based on spot beam technology, which enables frequency re-use across multiple narrow-focused spot beams. High-throughput satellites offer unique advantages and have a huge potential to serve various application areas such as enterprise network, government, and cellular backhaul, among others.
Market Dynamics
Market Drivers
- Growing Demand for Network Connectivity
- Rise in the Demand for High-throughput Satellite Constellations for Multiple Applications
Market Challenges
- High Cost of Payload in High-throughput Satellites (HTS)
- Technical Challenges of High-throughput Satellites
Market Opportunities
- Growing Opportunity for High-throughput Satellites in Asia-Pacific Nations
- Growing Requirement for In-Flight Mobile Connectivity
Some of the key players in the high-throughput satellite market include:
- Airbus Group SE
- Eutelsat S.A.
- Hughes Network Systems, LLC
- Inmarsat
- Intelsat
- Orbital ATK, Inc.
- SES S.A.
- Space Systems/Loral, LLC (SSL)
- Thales Group
- The Boeing Company
Key Topics Covered:
Executive Summary
1 Market Dynamics
2 Competitive Insights
3 Industry Analysis
4 Global High-throughput Satellite Market, 2017-2023
5 Global High-throughput Satellite Market (by Application)
6 Global High-throughput Satellite Market (by Subsystem)
7 Global High-throughput Satellite Market (by Region)
8 Company Profile
9 Research Scope and Methodology
10 Appendix
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