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Defense

Land Military Satellite Terminal Market and Technology Forecast: 2014 - 2024



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Report Summary:

Strategy Analytics forecasts the land-based military satellite terminal market will approach $2.9 billion in 2024, representing a CAGR of 3.5%. North America will represent the largest regional end market at the beginning; however demand from the Asia-Pacific region will outpace other regions and account for 34% of the global market in 2014. Portable/dismounted terminals will drive volume, with the total number of terminal shipments growing at a CAGR of 3.8% through 2024. Demand for UHF, L-band, C-band and X-band terminals will be maintained but growth will be driven by a move towards Ka-band as well as multi-band and wideband terminals. The associated market for semiconductors and other components will reach $149 million with growing demand for solid-state architectures to enable portability in the field.

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