United Kingdom Micro VSAT Market Size, Share, and COVID-19 Impact Analysis, By Sourcing Frequency (Ku-Band, Ka-Band, X-Band, and Others), By Application (Airborne, Maritime, and Land), and UK Micro VSAT Market Insights, Industry Trend, Forecasts to 2033

Industry: Machinery & Equipment

RELEASE DATE Aug 2024
REPORT ID SI5849
PAGES 210
REPORT FORMAT PathSoft

United Kingdom Micro VSAT Market Insights Forecasts to 2033

  • The Market Size is Growing at a CAGR of 7.9% from 2023 to 2033
  • The U.K. Micro VSAT Market Size is Expected to Hold a Significant Share by 2033

 

United Kingdom Micro VSAT Market

Get more details on this report -

Request Free Sample PDF

 

The United Kingdom Micro VSAT Market is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 7.9% from 2023 to 2033.

 

Market Overview

A Micro VSAT is a Very Small Aperture Terminal (VSAT) with an antenna that is smaller than 60 cm in diameter. Micro VSATs are created to be energy-efficient, durable, lightweight, and offer high data transmission capacity despite the technical obstacles they may face. A telemedicine system involves a connection between hardware, software, and a communication channel in order to link two different locations for information exchange and remote consultation. Telehealth can improve healthcare in rural areas by connecting rural healthcare providers and their patients to remote services and emphasizing patient-focused healthcare. Telehealth enables rural providers and patients to access services from a distant location. Communication technologies play a crucial role in the telemedicine procedure. Different methods of communication, both on land and in space, are utilized to establish the connection. Videoconferencing is a crucial element of telemedicine as it allows participants to communicate in real-time. Several factors determine the quality of a video conference, with the type of connection and bandwidth playing a crucial role in its success. Video conferencing involves synchronous visual communication for collaborative purposes.

 

Report Coverage

This research report categorizes the market for the U.K. micro VSAT market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the UK micro VSAT market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the UK micro VSAT market.

 

United Kingdom Micro VSAT Market Report Coverage

Report CoverageDetails
Base Year:2023
Forecast Period:2023 – 2033
Forecast Period CAGR 2023 – 2033 :7.9%
Historical Data for:2019-2022
No. of Pages:210
Tables, Charts & Figures:110
Segments covered:By Sourcing, By Application
Companies covered:: Ultra Electronics, Thales Group, ThinKom Solutions, Inc, Ovzon AB, L3Harris Technologies, Inc., Jonsa Technologies Co. Ltd, Cobham Satcom, Paradigm, Intellian Technologies, Inc, Others
Pitfalls & Challenges:Covid-19 Impact, Challenge, Future,Growth and Analysis

Get more details on this report -

Request Free Sample PDF
 

Driving Factors

Satellite technology improvements have boosted the effectiveness and productivity of micro VSAT systems. Modern satellites provide increased data transfer rates, expanded geographic reach, and faster response times, allowing for diverse uses beyond basic communication. The market opportunities for micro VSAT providers have grown due to technological advancements, enabling them to serve various sectors like energy, mining, agriculture, and emergency response. The main factors contributing to the growth of the micro VSAT market include the increasing use of maritime VSAT and a higher demand for broadband data connections from government and business sectors.

 

Restraining Factors

Deploying and maintaining micro VSAT systems comes with a significant initial cost, which is one of the main challenges. Small enterprises and organizations with restricted budgets may find it challenging to overcome the barrier of making a significant initial investment in equipment and installation for these systems.  

 

Market Segmentation

The United Kingdom micro VSAT market share is classified into sourcing frequency and application.

 

  • The Ka-band segment is expected to hold the largest market share through the forecast period.   

The U.K. micro VSAT market is segmented by sourcing frequency into ku-band, ka-band, x-band, and others. Among these, the Ka-band segment is expected to hold the largest market share through the forecast period. Frequencies ranging from 26.5 to 40 GHz are part of the Ka-band. The Ka-band is a segment within the microwave range of the electromagnetic spectrum, specifically in the K band. The abbreviation "Ka" represents "K-Top", indicating a cluster higher than the K group.

 

  • The land segment dominates the market with the largest market share over the predicted period.

The UK micro VSAT market is segmented by application into airborne, maritime, and land. Among these, the land segment dominates the market with the largest market share over the predicted period. The growth in utilizing VSAT systems on terrestrial platforms for efficient connectivity is forecasted to boost the land VSAT sector. VSATs offer fast connectivity and broadband solutions for both terrestrial and land-based systems.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom micro VSAT market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Ultra Electronics
  • Thales Group
  • ThinKom Solutions, Inc
  • Ovzon AB
  • L3Harris Technologies, Inc.
  • Jonsa Technologies Co. Ltd
  • Cobham Satcom
  • Paradigm
  • Intellian Technologies, Inc
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-added resellers (VARs)

 

Recent Developments

  • In May 2024, Ovzon secures a 12-month extension for ongoing assistance to UK MoD. Ovzon has been granted a 12-month service renewal contract for the fourth year in a row to provide Ovzon SATCOM-as-a-Service to the UK MoD. The request comes from Babcock International, a top global defense, aerospace, and security firm, with an order worth about 1 million U.S. dollars.

 

Market Segment

This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Micro VSAT Market based on the below-mentioned segments:

 

United Kingdom Micro VSAT Market, By Sourcing Frequency

  • Ku-Band
  • Ka-Band
  • X-Band
  • Others

 

United Kingdom Micro VSAT Market, By Application

  • Airborne
  • Maritime
  • Land

Need help to buy this report?

Inquiry Before Buy
We'll use cookies to improve and customize your experience if you continue to browse. Is it OK if we also use cookies to show you personalized ads?
Learn more and manage your cookies
Yes, Accept Cookies