Global Satellite Internet for Automotive Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Satellite Internet for Automotive is an internet service provided to individual vehicle users with the application geostationary Satellites. Vehicle Satellite Internet Systems enable remote data communications and telephone service at remote locations. Additionally, these systems are available in different sizes based on the vehicle style. The increasing penetration of connected vehicles and growing adoption of advanced vehicles in armed forces are key factors driving the market growth.
The increasing penetration of connected vehicles is contributing towards the growth of the Global Satellite Internet for Automotive Market. For instance - according to Statista - in 2021, the globally connected car market was valued at USD 65 billion, up from USD 56 billion in 2020. It is expected that the market would grow to USD 121 billion by 2025. Also, rising growth of automotive manufacturing industry in developing economies and increasing investment from automotive companies in satellite-based Internet service would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Satellite Internet for Automotive stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Satellite Internet for Automotive Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the increasing penetration of internet enabled vehicles as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising expansion of automotive manufacturing industry as well as increasing penetration of leading market players in the region.
Major market players included in this report are:
- Embratel
- Eutelsat Communications SA
- Freedomsat
- Hughes Network Systems, LLC
- OneWeb
- Singtel
- Skycasters
- SpaceX
- ViaSat, Inc.
- Wireless Innovations, Ltd.
Recent Developments in the Market:
- In October 2022, SpaceX's Starlink announced the expansion of satellite internet service for moving RVs, trucks, and cars for USD 135/month. This new device would require an upgraded, USD 2,500 satellite dish.
Global Satellite Internet for Automotive Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Offering, Operating Band, Vehicle Type, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Offering
By Operating Band
- C-Band
- X-Band
- L-Band
- K-Band
- Others
By Vehicle Type
- Personal Vehicle
- Commercial Vehicle
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Satellite Internet for Automotive Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Satellite Internet for Automotive Market, by Offering, 2019-2029 (USD Billion)
- 1.2.3. Satellite Internet for Automotive Market, by Operating Band, 2019-2029 (USD Billion)
- 1.2.4. Satellite Internet for Automotive Market, by Vehicle Type, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Satellite Internet for Automotive Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Satellite Internet for Automotive Market Dynamics
- 3.1. Satellite Internet for Automotive Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing penetration of connected vehicles
- 3.1.1.2. Growing adoption of advanced vehicle in armed forces
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Satellite Internet services for Automotive
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising growth of automotive manufacturing industry in developing economies
- 3.1.3.2. Increasing investment from automotive companies in satellite-based Internet service
Chapter 4. Global Satellite Internet for Automotive Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Satellite Internet for Automotive Market, by Offering
- 6.1. Market Snapshot
- 6.2. Global Satellite Internet for Automotive Market by Offering, Performance - Potential Analysis
- 6.3. Global Satellite Internet for Automotive Market Estimates & Forecasts by Offering 2019-2029 (USD Billion)
- 6.4. Satellite Internet for Automotive Market, Sub Segment Analysis
- 6.4.1. Solution
- 6.4.2. Services
Chapter 7. Global Satellite Internet for Automotive Market, by Operating Band
- 7.1. Market Snapshot
- 7.2. Global Satellite Internet for Automotive Market by Operating Band, Performance - Potential Analysis
- 7.3. Global Satellite Internet for Automotive Market Estimates & Forecasts by Operating Band 2019-2029 (USD Billion)
- 7.4. Satellite Internet for Automotive Market, Sub Segment Analysis
- 7.4.1. C-Band
- 7.4.2. X-Band
- 7.4.3. L-Band
- 7.4.4. K-Band
- 7.4.5. Others
Chapter 8. Global Satellite Internet for Automotive Market, by Vehicle Type
- 8.1. Market Snapshot
- 8.2. Global Satellite Internet for Automotive Market by Vehicle Type, Performance - Potential Analysis
- 8.3. Global Satellite Internet for Automotive Market Estimates & Forecasts by Vehicle Type 2019-2029 (USD Billion)
- 8.4. Satellite Internet for Automotive Market, Sub Segment Analysis
- 8.4.1. Personal Vehicle
- 8.4.2. Commercial Vehicle
Chapter 9. Global Satellite Internet for Automotive Market, Regional Analysis
- 9.1. Satellite Internet for Automotive Market, Regional Market Snapshot
- 9.2. North America Satellite Internet for Automotive Market
- 9.2.1. U.S. Satellite Internet for Automotive Market
- 9.2.1.1. Offering breakdown estimates & forecasts, 2019-2029
- 9.2.1.2. Operating Band breakdown estimates & forecasts, 2019-2029
- 9.2.1.3. Vehicle Type breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Satellite Internet for Automotive Market
- 9.3. Europe Satellite Internet for Automotive Market Snapshot
- 9.3.1. U.K. Satellite Internet for Automotive Market
- 9.3.2. Germany Satellite Internet for Automotive Market
- 9.3.3. France Satellite Internet for Automotive Market
- 9.3.4. Spain Satellite Internet for Automotive Market
- 9.3.5. Italy Satellite Internet for Automotive Market
- 9.3.6. Rest of Europe Satellite Internet for Automotive Market
- 9.4. Asia-Pacific Satellite Internet for Automotive Market Snapshot
- 9.4.1. China Satellite Internet for Automotive Market
- 9.4.2. India Satellite Internet for Automotive Market
- 9.4.3. Japan Satellite Internet for Automotive Market
- 9.4.4. Australia Satellite Internet for Automotive Market
- 9.4.5. South Korea Satellite Internet for Automotive Market
- 9.4.6. Rest of Asia Pacific Satellite Internet for Automotive Market
- 9.5. Latin America Satellite Internet for Automotive Market Snapshot
- 9.5.1. Brazil Satellite Internet for Automotive Market
- 9.5.2. Mexico Satellite Internet for Automotive Market
- 9.5.3. Rest of Latin America Satellite Internet for Automotive Market
- 9.6. Rest of The World Satellite Internet for Automotive Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Embratel
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Eutelsat Communications SA
- 10.2.3. Freedomsat
- 10.2.4. Hughes Network Systems, LLC
- 10.2.5. OneWeb
- 10.2.6. Singtel
- 10.2.7. Skycasters
- 10.2.8. SpaceX
- 10.2.9. ViaSat, Inc.
- 10.2.10. Wireless Innovations, Ltd.
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption