Tuesday, November 29, 2022

SATCOM on the Move Market worth $42.8 billion by 2026

 The SATCOM on the move market is projected to grow from USD 17.7 billion in 2021 to USD 42.8 billion by 2026, at a CAGR of 19.3%. SATCOM equipment is an integral part of the communication in commercial and defense industry.

The deployment of low earth orbit (LEO) satellites and constellations of satellites for communications applications has increased their demand across the globe. Other factors driving the market growth include growing demand for Ku- and Ka-band satellites, and the growing fleet of autonomous and connected vehicles used for various applications in the military and commercial sectors, which require customized SATCOM-on-the-move antennas.


Get Free Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=122774120


Major manufacturers in this market are based in North America and Europe. Thales Group (France), L3Harris Technologies (US), Honeywell International Inc.(US), Hughes Network Systems (US), Viasat, Inc. (US) are among a few leading players operating in the SATCOM on the move market. Major focus was given to the development of new hardware due to the changing requirements of SATCOM equipment customers across the world. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities further to expand their presence in the SATCOM on the move market.


To know about the assumptions considered for the study download the pdf brochure


L3HARRIS TECHNOLOGIES

L3Harris is a proven and recognized leader in the telecommunications industry, with thousands of installations worldwide. Serving both the military and commercial markets, L3Harris designs and manufactures standard and customized satellite communications equipment, including up/down converters, test loop translators, uplink power control (UPC) units, and redundant low noise amplifier (LNA) plates. It also offers state-of-the-art converter solutions for emerging very high-throughput satellite (VHTS) earth stations. In April 2021, L3Harris Technologies received contracts worth USD 50 million from a country in Asia for a fully integrated suite of manpacks and SATCOM terminals as part of the country’s software-defined radio modernization program.


HONEYWELL INTERNATIONAL INC.

Honeywell International Inc. invents and commercializes technologies that cater to some of the world’s most critical challenges in energy, security, global urbanization, and manufacturing. The company is one of the leading manufacturers and service providers of airborne SATCOM products, inflight connectivity, integrated flight decks, displays, and navigation and communication systems. In March 2019, Honeywell introduced a new mission communication system and the latest installation of the Aspire 200 communication system on Bell B429. It improved previous messaging and monitoring technologies used by fleet operators.


THALES GROUP

Thales (France) is a holding company engaged in the manufacturing, marketing, and selling of electronic equipment and systems for the aeronautics, naval, and defense sectors. It is a leading provider of precise sighting, detection, and identification systems and solutions to the defense industry. The company also functions as a prime contractor, aircraft electrical equipment supplier, systems integrator, and value-added service provider for civil and military programs. The Aerospace segment comprises various business divisions, namely, flight avionics, connected in-flight entertainment, microwave tubes, and space solutions. In December 2019, Thales received a contract from Iridium Certus to provide them with avionics and connectivity services. Moreover, it is the only company to offer Iridium SATCOM solutions for air, land, and sea with Thaleslink family of products.


VIASAT, INC.

Viasat, Inc. is an America-based communications company. It is a provider of high-speed satellite broadband services and secure networking systems covering military and commercial markets. It offers broadband digital satellite communications and wireless networking services. It also provides satellite communications products such as network control systems, information distribution systems, modems, terminals, and simulation test equipment. In November 2020, Viasat UK Ltd. provided ultra-high frequency (UHF) satellite communications (SATCOM) for the new Type 31 frigates delivered by Babcock Team 31 for the Royal Navy.


HUGHES NETWORK SYSTEMS

Hughes Network Systems provides a high-speed satellite internet service, HughesNet, which has over a million subscribers in the Americas. The company delivers services using very small aperture terminal satellites, digital subscriber lines, and wireless transport platforms. Hughes Network serves customers internationally. Millions of families across the Americas rely on HughesNet, the worlds leading satellite Internet service, to share photos, send and receive emails, listen to music, watch videos, work from home, and connect to distance learning. It serves residential, small business, government and defense, enterprise and franchise, and global and mobility customers. In May 2021, Hughes Network Systems announced that the company and OneWeb were selected by the US Air Force Research Lab (AFRL) to demonstrate managed LEO satellite communications (SATCOM) services to connect the Arctic region to sites across the world.


Full Report @ https://www.marketsandmarkets.com/Market-Reports/satcom-on-the-move-market-122774120.html


Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

Precision Guided Munition Market worth $41.0 billion by 2026

 The global Precision Guided Munition Market size is projected to grow from USD 32.8 billion in 2021 to USD 41.0 billion by 2026, at a CAGR of 4.5% from 2021 to 2026. The precision guided munition market is expected to witness growth due to consistent increase in defense budget across the globe and the need for advanced precision guided munition to counter the modern combat around the country’s border. Furthermore, increasing number of conflicts, and high defense spending are some of the major factors driving the market globally. Governments of various countries, such as the US, China, India, and Russia, are spending heavily on modernizing their military resources. Thus, a large number of weapon manufacturers are shifting their focus towards developing precision guided munitions. However, issues related to the integration of missiles pose a challenge for precision guided munition market growth.

Get Free Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=109859417


Lockheed Martin Corporation (US), BAE Systems (UK), Raytheon Technologies (US), Northrop Grumman Corporation (US), and Saab AB (Sweden) are some of the leading players operating in the precision guided munition market. These companies secure contracts from governments of different countries to carry out various precision guided munition programs.

To know about the assumptions considered for the study download the pdf brochure

Northrop Grumman develops and builds some of the world’s most advanced precision guided munition technologies from command systems to advanced interceptors, powerful space sensors, and directed energy weapons, as well as systems that test and verify their efficacy. The company is a leading provider of interceptors and seekers used in the test and verification of precision guided munition and interceptor boosters employed in the defense.

The Lockheed Martin’s Missile and Fire Control (MFC) segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. Its major programs include Patriot Advanced Capability-3 (PAC-3) and Terminal High Altitude Area Defense (THAAD) air and missile defense programs.

General Dynamics Corporation is a leading provider of aircraft flight control systems, auxiliary ships, business jets, combat vehicles, communications systems, IT systems, ships munitions, nuclear-powered submarines, stealth ship tanks, vision systems, and watercraft weapon systems. General Dynamics has a very good global presence as well, and Its scientists and engineers are continuously working on enabling technologies in guided-missile destroyers for sea defense.

The hypersonic missiles threat type segment is projected to grow at the highest CAGR rate for the precision guided munition market during the forecast period.

Based on speed, the precision guided munition market has been segmented into subsonic, supersonic, and hypersonic. Hypersonic precision-guided munitions are equipped with a propulsion system to enable them to attain a speed of Mach 5 or higher, which is five times faster than the speed of sound. Hypersonic precision-guided weapons are difficult to counter due to their high speed. Currently, these weapons are in a development phase and are expected to be operational in the near future.

By product, the tactical missiles segment is estimated to account for the largest share (41.4%) of the precision guided munition market in 2021

Based on product, the precision guided munition market has been segmented into tactical missiles, guided rockets, guided ammunition, torpedoes, and loitering munitions. Tactical missiles are used for a shorter range and can carry a variety of warheads that can be used for various purposes. They are very versatile and can be fired in various modes, angles, and platforms. These weapons are equipped with guidance technologies that enable them to hit targets with precision.

The North American market is projected to contribute the largest share from 2021 to 2026

North America is projected to be the largest regional share of precision guided munition market during the forecast period. Major companies such Northrop Grumman Corporation, Lockheed Martin, Boeing, Raytheon Technologies, and General Dynamics Corporation are based in the US. These players continuously invest in the R&D of new and advanced technology used in missile defense system.


Full Report @ https://www.marketsandmarkets.com/Market-Reports/precision-guided-munition-market-109859417.html


Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com


SATCOM on the Move Market worth $42.8 billion by 2026

  The SATCOM on the move market is projected to grow from USD 17.7 billion in 2021 to USD 42.8 billion by 2026, at a CAGR of 19.3%. SATCOM ...