Market Share of ASEAN Satellite Communications Industry
The ASEAN satellite communication (SATCOM) market is Semi-Consolidated, with the presence of major players like Inmarsat global limited, Lockheed Martin, Viasat Inc., Mu Space, and Advance Technology Company, and L3Harris Technologies Inc Players in the market are adopting strategies such as partnerships, innovations, mergers, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In August 2022, Thailand Marine Department will use Thaicom to deploy thousands of Globalstar SPOT Gen4 satellite trackers. This is the first step in a significant new collaboration between Globalstar and Thaicom Public Company Limited, Asia's largest independent satellite operator. The SPOT Gen4 was chosen because of its ability to provide always-on connectivity independent of the availability of other communications networks.
In March 2022, Thailand's top satellite operator, Thaicom Public Company Limited, announced the signing of a partnership agreement with Globalstar, Inc., a global LEO satellite operator and a leading supplier of satellite IoT solutions and mobile satellite services, to work together on the establishment and operation of Globalstar's low-earth orbit satellite (LEO) ground facilities in Thailand and the deployment of regional commercial services, with an emphasis on personnel safety and management solutions.
ASEAN Satellite Communications Market Leaders
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Mu Space and Advance Technology Company
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Inmarsat Global Limited
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Lockheed Martin
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Viasat Inc.
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L3Harris Technologies Inc
*Disclaimer: Major Players sorted in no particular order
