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Maritime VSAT Market Astonishing Growth Rate of 13.46% CAGR between 2018-2023

Press release   •   Sep 24, 2019 08:37 IST

The Global Maritime VSAT Market is probable to list a 13.46% CAGR and is predicted to witness extensive growth in the market.

The new research from Ameco Research on Global Maritime VSAT Market Report for 2023 intends to offer target audience with a fresh outlook on the market and fill in the knowledge gaps with the help of processed information and opinions from industry experts. The information in the research report is well-processed and a report is accumulated by industry professionals and seasoned experts in the field to ensure the quality of research.

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Maritime VSAT Market Research Report - Global Forecast till 2024
Global Maritime VSAT Market: Information by Type (Ku-Band, C-Band, L-Band and High-Throughput Satellites [HTS] Band), Application (Military & Defense and Civil & Commercial) and Region (North America, Europe, Asia-Pacific, and South America, Middle East and Africa) - Forecast to 2024

Market Analysis

North America is anticipated to be the largest market for maritime VSAT and is expected to register a CAGR of 13.08% during the forecast period. During the forecast period, The Global Maritime VSAT Market is probable to list a 13.46% CAGR and is predicted to witness extensive growth in the market. Satellite-based connectivity plays a serious part in the maritime industry. As real-time communication is necessary between ship owners, passengers, crew, and on-ground staff grows regularly. Hence, there have been advancements in technologies such as VSAT. The arrival of VSAT broadband services has directed to a move away from traditional L-band connections that ship operators have relied on for decades. There is a huge demand for high-speed broadband and VSAT services help meet the demand for the same that can support bandwidth-intensive applications such as watching online videos, using Internet protocol-based telephony services, and downloading music. In addition, satellite broadband helps operators to improve daily operations, increase profitability, and improve life onboard for crew members. The accessibility of efficient broadband has also allowed the tracking of containers and appreciated goods in real-time. The navies and commercial ship operators from different countries are advancing their existing systems with new and advanced ones such as maritime VSAT that is expected to push market growth during the forecast period. Due to the presence of major manufacturers, such as Comtech Telecommunications Corp. and Viasat Inc., in the region, North America is predicted to be a prominent region for the maritime VSAT market followed by Europe that is expected to be the second-largest market due to the increasing demand for maritime VSAT in the region. The reason for the growth of the global maritime VSAT market is the increasing adoption of maritime VSAT and surge in international seaborne trade. North America is responsible for 51.51% of the global maritime VSAT global market in the year 2018, followed by Europe with 21.33% of the global market share.

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Market Segmentation

The Global Maritime VSAT Market is segmented based on Type Maritime VSAT Market has been segmented into Ku-Band, C-Band, L-Band, and High-Throughput Satellites (HTS) Band. Based on Application the market has been segmented into Military & Defense and Civil & Commercial. Based on Region the market is segmented into North America, Europe, Asia-Pacific, and South America, Middle East, and Africa respectively.

Regional Analysis

The Global Maritime VSAT Market is divided into North America, Europe, Asia-Pacific, and South America, Middle East, and Africa.

Major Players

Some of the major players are Comtech Telecommunications Corp. (US), EchoStar Corporation KVH Industries, Inc. (US), OmniAccess SL (Spain), Raytheon Company (US), SageNet Inc. (US), Speedcast International Limited (Australia), Telespazio SpA (Italy), Viasat Inc. (US), and VT iDirect, Inc. (US), Inmarsat Group Limited (UK), (US), EMC (US)

Available customization:

With the given market information, Ameco research offers customization's in line with the company's specific wishes. The following customization choices unit of measurement accessible for the report:
Regional and country-level analysis of the Global Maritime VSAT Market, by end-use.
Detailed analysis and profiles of additional market players.

Table of Contents

Global Maritime VSAT Market 2018 by Manufacturers, Regions, Type and Application Forecast to 2023

1 Market Overview
1.1 Maritime VSAT Introduction
1.2 Global Maritime VSAT Market by Type
1.2.1 Ku-Band
1.2.2 C-Band
1.2.3 L-Band
1.2.4 HTS Band
1.3 Global Maritime VSAT Market by Application
1.3.1 Military & Defense
1.3.2 Civil & Commercial
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2013-2023)
1.4.1.2 Canada Market States and Outlook (2013-2023)
1.4.1.3 Mexico Market States and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Europe: Maritime VSAT Market, 2013–2023 (USD Million)
1.4.2.2 Germany Market States and Outlook (2013-2023)
1.4.2.3 France Market States and Outlook (2013-2023)
1.4.2.4 UK Market States and Outlook (2013-2023)
1.4.2.5 Russia Market States and Outlook (2013-2023)
1.4.2.6 Italy Market States and Outlook (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2013-2023)
1.4.3.2 Japan Market States and Outlook (2013-2023)
1.4.3.3 Korea Market States and Outlook (2013-2023)
1.4.3.4 India Market States and Outlook (2013-2023)
1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)
1.4.4 South America, Middle East and Africa
1.4.4.1 South America, Middle East and Africa
1.4.4.2 Brazil Market States and Outlook (2013-2023)
1.4.4.3 Egypt: Maritime VSAT Market, 2013–2023 (USD Million)
1.4.4.4 Saudi Arabia: Maritime VSAT Market, 2013–2023 (USD Million)
1.4.4.5 South Africa: Maritime VSAT Market, 2013–2023 (USD Million)
1.4.4.6 Nigeria: Maritime VSAT Market, 2013–2023 (USD Million)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 Comtech Telecommunications Corp.
2.1.1 Company Overview
2.1.2 Financial Overview
2.1.3 Products/Services Offered
2.1.4 Key Developments
2.1.5 SWOT Analysis
2.1.6 Key Strategies
2.2 EchoStar Corporation
2.2.1 Company Overview
2.2.2 Financial Overview
2.2.3 Products/Services Offered
2.2.4 Key Developments
2.2.5 SWOT Analysis
2.2.6 Key Strategies
2.3 Inmarsat Group Limited
2.3.1 Company Overview
2.3.2 Financial Overview
2.3.3 Products/Services Offered
2.3.4 Key Developments
2.3.5 SWOT Analysis
2.3.6 Key Strategies
2.4 Speedcast International Limited
2.4.1 Company Overview
2.4.2 Financial Overview
2.4.3 Products/Services Offered
2.4.4 Key Developments
2.4.5 SWOT Analysis
2.4.6 Key Strategies
2.5 Viasat Inc.
2.5.1 Company Overview
2.5.2 Financial Overview
2.5.3 Products/Services Offered
2.5.4 Key Developments
2.5.5 SWOT Analysis
2.5.6 Key Strategies
2.6 EMC
2.6.1 Company Overview
2.6.2 Financial Overview
2.6.3 Products/Services Offered
2.6.4 Key Developments
2.6.5 SWOT Analysis
2.6.6 Key Strategies
2.7 KVH Industries, Inc.
2.7.1 Company Overview
2.7.2 Financial Overview
2.7.3 Products/Services Offered
2.7.4 Key Developments
2.7.5 SWOT Analysis
2.7.6 Key Strategies
2.8 OmniAccess SL
2.8.1 Company Overview
2.8.2 Financial Overview
2.8.3 Products/Services Offered
2.8.4 Key Developments
2.8.5 SWOT Analysis
2.8.6 Key Strategies
2.9 Raytheon Company
2.9.1 Company Overview
2.9.2 Financial Overview
2.9.3 Products/Services Offered
2.9.4 Key Developments
2.9.5 SWOT Analysis
2.9.6 Key Strategies
2.1 SageNet, Inc.
2.10.1 Company Overview
2.10.2 Financial Overview
2.10.3 Products/Services Offered
2.10.4 Key Developments
2.10.5 SWOT Analysis
2.10.6 Key Strategies
2.11 Telespazio SpA
2.11.1 Company Overview
2.11.2 Financial Overview
2.11.3 Products/Services Offered
2.11.4 Key Developments
2.11.5 SWOT Analysis
2.11.6 Key Strategies
2.12 VT iDirect, Inc.
2.12.1 Company Overview
2.12.2 Financial Overview
2.12.3 Products/Services Offered
2.12.4 Key Developments
2.12.5 SWOT Analysis
2.12.6 Key Strategies
2.13 Leading Players in Terms of Number of Developments in the Global Maritime VSAT Market
2.14 Key Developments & Growth Strategies
2.14.1 Contracts and Agreements
2.14.2 New Product/Service Launches
2.14.3 Expansions and Partnerships
3 Global Maritime VSAT Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
3.1 Global Maritime VSAT Sales and Market Share by Manufacturer (2016-2017)
3.2 Global Maritime VSAT Revenue and Market Share by Manufacturer (2016-2017)
3.3 Market Concentration Rate
3.3.1 Top 3 Maritime VSAT Manufacturer strategies in 2017
3.4 Market Competition Trend
4 Global Maritime VSAT Market Analysis by Regions
4.1 Global Maritime VSAT Sales, Revenue and Market Share by Regions
4.1.1 Global Maritime VSAT Sales and Market Share by Regions (2013-2023)
4.1.2 Global Maritime VSAT Revenue and Market Share by Regions (2013-2023)
4.2 North America Maritime VSAT Sales and Growth Rate (2013-2018)
4.3 Europe Maritime VSAT Sales and Growth Rate (2013-2018)
4.4 Asia-Pacific Maritime VSAT Sales and Growth Rate (2013-2018)
4.5 South America, Middle East, and Africa Maritime VSAT Sales and Growth Rate (2013-2018)
5 North America Maritime VSAT by Countries
5.1 North America Maritime VSAT Sales, Revenue and Market Share by Countries
5.1.1 North America Maritime VSAT Sales and Market Share by Countries (2013-2023)
5.2 United States Maritime VSAT Sales and Growth Rate (2013-2018)
5.3 Canada Market States and Outlook (2013-2023)
5.4 Mexico Market States and Outlook (2013-2023)
6 Europe Maritime VSAT by Countries
6.1 Europe Maritime Vsat Sales, Revenue And Market Share By Countries
6.1.1 Europe Maritime Vsat Sales And Market Share By Countries (2013-2023)
6.2 Germany Maritime Vsat Sales And Growth Rate (2013-2018)
6.3 Uk Maritime Vsat Sales And Growth Rate (2013-2018)
6.4 France Maritime Vsat Sales And Growth Rate (2013-2018)
6.5 Russia Maritime Vsat Sales And Growth Rate (2013-2018)
6.6 Italy Maritime Vsat Sales And Growth Rate (2013-2018)
7 Asia-Pacific Maritime VSAT by Countries
7.1 Asia-Pacific Maritime Vsat Sales, Revenue And Market Share By Countries
7.1.1 Asia-Pacific Maritime VSAT Sales and Market Share by Countries (2013-2023)
7.2 China Maritime Vsat Sales And Growth Rate (2013-2018)
7.3 India Maritime Vsat Sales And Growth Rate (2013-2018)
7.4 Japan Maritime Vsat Sales And Growth Rate (2013-2018)
7.5 South Korea Maritime VSAT Sales and Growth Rate (2013-2018)
7.6 Southeast Asia Maritime VSAT Sales and Growth Rate (2013-2018)
8 South America, Middle East, and Africa Maritime VSAT by Countries
8.1 South America, Middle East, And Africa Maritime Vsat Sales, Revenue And Market Share By Countries
8.1.1 South America, Middle East, and Africa Maritime VSAT Sales and Market Share by Countries (2013-2023)
8.2 Brazil Maritime Vsat Sales And Growth Rate (2013-2018)
8.3 Egypt Maritime Vsat Sales And Growth Rate (2013-2018)
8.4 Saudi Arabia Maritime Vsat Sales And Growth Rate (2013-2018)
8.5 South Africa Maritime Vsat Sales And Growth Rate (2013-2018)
8.6 Nigeria Maritime Vsat Sales And Growth Rate (2013-2018)
9 Global Maritime VSAT Market Segment by Type
9.1 Global Maritime VSAT Sales, Revenue and Market Share by Type (2013-2023)
9.1.1 Global Maritime VSAT Sales and Market Share by Type (2013-2023)
9.2 Ku Band Sales Growth and Price
9.2.1 Global Ku Band Sales Growth (2013-2023)
9.3 C-Band Sales Growth and Price
9.3.1 Global C-Band Sales Growth (2013-2023)
9.4 L-Band Sales Growth and Price
9.4.1 Global L-Band Sales Growth (2013-2023)
9.5 HTS Band Sales Growth and Price
9.5.1 Global HTS Band Sales Growth (2013-2023)
10 Sales Channel, Distributors, Traders and Dealers
10.1 Sales Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Future Trend
10.1.3.1 Podcasts
10.1.3.2 Email
10.1.3.3 Social Media
10.1.3.4 SEO
10.1.4 Key Distributors, Traders and Dealers
11 Research Findings and Conclusion

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