Product Code: PM3785
The global maritime satellite communication market size is expected to reach USD 8.35 billion by 2032, according to a new study by Polaris market research. The report "Maritime Satellite Communication Market Share, Size, Trends, Industry Analysis Report, By Type (VSAT, MSS), By Revenue Source (Hardware, Software, Services), By End Use, By Region, And Segment Forecasts, 2023- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Growth in maritime communication services is propelled by the increasing demand for dependable and cost-effective communication solutions at sea. Rising adoption of satellite communication for a wide range of user-oriented services, including entertainment, tracking, and monitoring services, is expected to drive revenue growth in the coming years. It plays a crucial role in various sectors, including naval, commercial, leisure, and support vessels for oil rigs. Its services encompass voice calling, access to weather and oceanographic data for navigation and fishing purposes, data services for email and internet access, as well as vessel location tracking.
Timely delivery has emerged as a critical factor in the shipping industry, leading to substantial investments in research and development (R&D) activities. To achieve efficient and punctual deliveries, the industry relies on satellite vessel tracking services, which keep shore-side operations well-informed about the vessel's location and progress. Additionally, maritime communication services play a pivotal role in ensuring safety and efficiency during shipping operations. The ability to provide distress warnings when needed is a significant driver in the widespread adoption of maritime satellite communication. This feature enhances the industry's ability to respond swiftly and effectively to emergencies, further solidifying the importance of satellite-based communication solutions in the maritime sector.
The market is poised to experience increased demand for the installation of new VSAT services, replacing traditional MSS services, driven by technological innovations like reduced dish size and lower data usage costs. The adoption of VSAT systems utilizing KU and KA band frequencies presents significant growth opportunities for the market. Furthermore, substantial investments by major manufacturers of maritime communication equipment to introduce more cost-effective satellite communication solutions are expected to further propel market growth. These advancements and investments are set to revolutionize the maritime communication landscape, making efficient and affordable satellite communication solutions more accessible to a broader range of users in the industry.
Satellite networks were traditionally employed for ship-to-shore communication and communication between marine vessels. However, their role has evolved significantly over time. Nowadays, satellite communication serves not only for voice calls but also for a wide range of user-oriented data services, including entertainment, tracking, and monitoring services. The versatility of these equipment has led to their widespread use, catering to diverse applications such as DTH broadcasting, disaster management, weather forecasting, voice calls, & navigation.
Maritime Satellite Communication Market Report Highlights
Naval vessel segment expected to grow at the fastest rate, owing to increase in defense budgets, and communication systems in naval fleet
VSAT segment will grow at rapid pace, owing to high-speed data, efficient satellite communication
APAC will grow at fastest pace, owing to the growing adoption of VSAT technologies in cruise ships
The global key market players include: Inmarsat Global, Iridium Communications, Leonardo, Thuraya Telecommunications, and ViaSat
Polaris market research has segmented the maritime satellite communication market report based on communication type, revenue source, end use, and region:
Maritime Satellite Communication, Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Very Small Aperture Terminal (VSAT)
- Ka-Band
- C-Band
- Others
- Mobile Satellite Services (MSS)
Maritime Satellite Communication, Revenue Source Outlook (Revenue - USD Billion, 2019 - 2032)
- Hardware
- Software
- Services
Maritime Satellite Communication, Component Outlook (Revenue - USD Billion, 2019 - 2032)
- Naval Vessel
- Commercial Vessels
- Leisure Vessels
- Offshore Oil Rigs
Maritime Satellite Communication, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Maritime Satellite Communication Market Insights
- 4.1. Maritime Satellite Communication Market - End Use Snapshot
- 4.2. Maritime Satellite Communication Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising investment drives the market
- 4.2.1.2. Increasing interest in water sports and fishing activities
- 4.2.2. Restraints and Challenges
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Maritime Satellite Communication Market End Use Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Maritime Satellite Communication Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 5.3. Very Small Aperture Terminal (VSAT)
- 5.3.1. Global Maritime Satellite Communication Market, by Very Small Aperture Terminal (VSAT), by Region, 2019-2032 (USD Billion)
- 5.4. Ka-Band
- 5.4.1. Global Maritime Satellite Communication Market, by Ka-Band, by Region, 2019-2032 (USD Billion)
- 5.5. C-Band
- 5.5.1. Global Maritime Satellite Communication Market, by C-Band, by Region, 2019-2032 (USD Billion)
- 5.6. Others
- 5.6.1. Global Maritime Satellite Communication Market, by Others, by Region, 2019-2032 (USD Billion)
- 5.7. Mobile Satellite Services (MSS)
- 5.7.1. Global Maritime Satellite Communication Market, by Mobile Satellite Services (MSS), by Region, 2019-2032 (USD Billion)
6. Global Maritime Satellite Communication Market, by Revenue Source
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 6.3. Hardware
- 6.3.1. Global Maritime Satellite Communication Market, by Hardware, by Region, 2019-2032 (USD Billion)
- 6.4. Software
- 6.4.1. Global Maritime Satellite Communication Market, by Software, by Region, 2019-2032 (USD Billion)
- 6.5. Services
- 6.5.1. Global Maritime Satellite Communication Market, by Services, by Region, 2019-2032 (USD Billion)
7. Global Maritime Satellite Communication Market, by End Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 7.3. Naval Vessel
- 7.3.1. Global Maritime Satellite Communication Market, by Naval Vessel, By Region, 2019-2032 (USD Billion)
- 7.4. Commercial Vessels
- 7.4.1. Global Maritime Satellite Communication Market, by Commercial Vessels, By Region, 2019-2032 (USD Billion)
- 7.5. Leisure Vessels
- 7.5.1. Global Maritime Satellite Communication Market, by Leisure Vessels, By Region, 2019-2032 (USD Billion)
- 7.6. Offshore Oil Rigs
- 7.6.1. Global Maritime Satellite Communication Market, by Offshore Oil Rigs, By Region, 2019-2032 (USD Billion)
8. Global Maritime Satellite Communication Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Maritime Satellite Communication Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Maritime Satellite Communication Market - North America
- 8.3.1. North America: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.3.3. North America: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.3.4. Maritime Satellite Communication Market - U.S.
- 8.3.4.1. U.S.: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.3.5. Maritime Satellite Communication Market - Canada
- 8.3.5.1. Canada: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.4. Maritime Satellite Communication Market - Europe
- 8.4.1. Europe: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.4.3. Europe: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.4.4. Maritime Satellite Communication Market - UK
- 8.4.4.1. UK: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.4.5. Maritime Satellite Communication Market - France
- 8.4.5.1. France: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.4.5.3. France: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.4.6. Maritime Satellite Communication Market - Germany
- 8.4.6.1. Germany: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.4.7. Maritime Satellite Communication Market - Italy
- 8.4.7.1. Italy: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.4.8. Maritime Satellite Communication Market - Spain
- 8.4.8.1. Spain: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.4.9. Maritime Satellite Communication Market - Netherlands
- 8.4.9.1. Netherlands: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.4.10. Maritime Satellite Communication Market - Russia
- 8.4.10.1. Russia: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.5. Maritime Satellite Communication Market - Asia Pacific
- 8.5.1. Asia Pacific: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.5.4. Maritime Satellite Communication Market - China
- 8.5.4.1. China: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.5.4.3. China: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.5.5. Maritime Satellite Communication Market - India
- 8.5.5.1. India: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.5.5.3. India: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.5.6. Maritime Satellite Communication Market - Malaysia
- 8.5.6.1. Malaysia: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.5.7. Maritime Satellite Communication Market - Japan
- 8.5.7.1. Japan: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.5.8. Maritime Satellite Communication Market - Indonesia
- 8.5.8.1. Indonesia: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.5.9. Maritime Satellite Communication Market - South Korea
- 8.5.9.1. South Korea: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.6. Maritime Satellite Communication Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.6.4. Maritime Satellite Communication Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.6.5. Maritime Satellite Communication Market - UAE
- 8.6.5.1. UAE: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.6.6. Maritime Satellite Communication Market - Israel
- 8.6.6.1. Israel: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.6.7. Maritime Satellite Communication Market - South Africa
- 8.6.7.1. South Africa: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.7. Maritime Satellite Communication Market - Latin America
- 8.7.1. Latin America: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.7.4. Maritime Satellite Communication Market - Mexico
- 8.7.4.1. Mexico: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.7.5. Maritime Satellite Communication Market - Brazil
- 8.7.5.1. Brazil: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
- 8.7.6. Maritime Satellite Communication Market - Argentina
- 8.7.6.1. Argentina: Maritime Satellite Communication Market, by Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Maritime Satellite Communication Market, by End Use, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Maritime Satellite Communication Market, by Revenue Source, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. EchoStar
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Inmarsat Global
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Iridium Communications
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Kongsberg Maritime
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. KVH Industries
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Leonardo
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Orbcomm
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Singapore Technologies Engineering
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Saab ABRohde
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Thuraya Telecommunications
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. ViaSat
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development