Market Share of Satellite Antenna Industry
The Satellite Antenna market comprises several global and regional players vying for attention in a highly competitive market space due to the presence of many large players. The market poses high barriers to entry for new players, impacting the opportunities to gain traction. Many users opt for annual contracts or lease-based services to cut their costs. Of late, companies have also been opting for antennas that provide better frequency bands for various applications. This has led to an increase in the demand for satellite antennas. Most companies providing the product are major players in the market, such as Honeywell Inc., Harris, Mitsubishi, etc. Innovation brings about a sustainable and competitive advantage. The firm concentration ratio is expected to record moderate growth during the forecast period because several companies consider this market a lucrative opportunity. Overall, the competitive rivalry is expected to be high.
In June 2023, Oerlikon AM and Airbus signed a EUR 3.8 million (USD 4.18 million) contract for the additive manufacture of satellite antenna clusters. These components would be used in a series of communication satellites put into orbit. As part of this new contract, Oerlikon AM would 3D print aluminum antenna clusters that measure approximately 400 x 400 x 400 mm using laser powder bed fusion technology.
In February 2023, MDA secured a new contract with Argentina's National Telecommunications Company to supply Ka-band multi-beam antennas for its ARSAT-SG1 satellite which provides high-speed internet and digital video and voice services across the country and to Bolivia, Paraguay, and Chile.
Satellite Antenna Market Leaders
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Honeywell International Inc.
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CPI International Inc.
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Kymeta Corporation
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Norsat International Inc.
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COBHAM LIMITED (AI Convoy (Luxembourg) S.a r.l.)
*Disclaimer: Major Players sorted in no particular order
