Satellite Telephones Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027
The global satellite telephones market
is estimated to grow at a CAGR during the forecast period. Instead of using
traditional continental cellular networks, satellite telephones, or satphones,
enable telecommunication access via orbiting satellites. These phones are
comparable to regular phones, however, they have the extra benefit of enabling
continuous connectivity in remote areas and sensitive areas where all forms of
communication are censored. Military forces on the ground and other government
agencies stationed in sensitive areas primarily use these. Over 2,000
artificial satellites are currently in use. They are utilised for traditional
point-to-point communications, mobile applications, and the distribution of TV
and radio programming, and can be found in geostationary, Molniya, elliptical,
and low Earth orbits.
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Floods, storm surge, coastal flooding,
tropical cyclones, and cold/heat waves are instances of climate-related
calamities that, in addition to causing large-scale harm, affect traditional
land-based cellular networks. Growing concerns about these unintentional
incidents, as well as the importance of being prepared in the event of an
emergency, are projected to drive the satellite telephone business forward. Due
to the need to coordinate their efforts in the event of such emergencies,
military forces, public safety agencies, and disaster management teams are
likely to be the key users.
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For Instance, In July 2019, UbiquitiLink
launched its prototype model into space focusing on cellphone service to deploy
small satellites into orbit that can easily link to any mobile phone without
requiring any alterations to the phones themselves. The company has invented a
system that allows regular handsets to use satellites as cell towers, allowing
millions of people to communicate for less money.
Market
Coverage
·
The market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
·
Segment Covered-
o By
Type
o By
Application
·
Competitive Landscape: Inmarsat, Iridium,
Globalstar, TerreStar, Thuraya among others.
Key
questions addressed by the report
·
What is the market growth rate?
·
Which segment and region dominates the market in
base year?
·
Which segment and region will project fastest
growth in the market?
·
How COVID-19 impacted the market?
o Recovery
Timeline
o Deviation
from pre-COVID forecast
o Most
affected region and segment
·
Who is the leader in the market?
·
How players are addressing challenges to sustain
growth?
·
Where is the investment opportunity?
Global
Satellite Telephones Market by Segments
By
Type
• Geosynchronous
• Low-Earth
Orbit
By
Application
• Defense
• Maritime
• Aviation
• Energy
• Others
(Public safety agencies, disaster management, and tourism)
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Satellite Telephones Market– Segment by Region
North America
·
United States
·
Canada
Europe
·
Germany
·
United Kingdom
·
France
·
Spain
·
Italy
·
Rest of Europe
Asia-Pacific
·
China
·
Japan
·
India
·
Rest of
Asia-Pacific
Rest of the World
·
Middle East &
Africa
·
Latin America
Company Profiles
·
Inmarsat
·
Iridium
·
Globalstar
·
TerreStar
·
Thuraya
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