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Global satellite flat panel antenna market report 2022

The “Satellite Flat Panel Antenna Market – A Global and Regional Analysis: Focus on End-User, Type, Frequency, and Country – Analysis and Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s offering.

The global satellite flat panel antenna market is estimated to reach $18.39 billion in 2031, growing at a compound annual growth rate (CAGR) of 16.63% during the forecast period 2021-2031.

The major driving factor for the market’s robustness is the increasing requirement of satellite-based connectivity services across different applications such as communication and navigation.

Market Segmentation

  • End User: Automotive, Aviation, Defense and Government, Enterprise, Maritime, Oil and Gas, Space
  • Type: Electronically Steered Antenna, Mechanically Steered Antenna, Hybrid
  • Frequency: L and S Band (1 GHz – 4 GHz), C and X Band (4 GHz to 12 GHz), Ku, K, and Ka Band (13 GHz – 40 GHz)

Regional Segmentation

  • North America: U.S., Canada
  • EuropeGermany, U.K., France, Rest of Europe
  • Asia-PacificJapanChinaIndia, Rest-of-Asia-Pacific
  • Rest-of-the-World: Middle East and AfricaLatin America

Market Growth Drivers

  • Move Toward High Speed 5G/6G Services
  • Rapidly Decreasing Cost for Launching a Satellite

Market Challenges

  • High Initial Investment Cost
  • Stringent Government Regulations

Market Opportunities

  • Demand for Internet Connectivity Worldwide

Yahoo Finance

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