Viasat Inc., Airbus, General Dynamics, Thales Group and L3Harris Technologies – Prominent Market Participants in Satellite Communication Terminal Market

The North America satellite communication terminal market is segmented into the US, Canada, and Mexico. North. The North America satellite communication terminal market is segmented into the US, Canada, and Mexico. North America is the most technologically advanced region, owing to high gross domestic product (GDP), positive outlook toward adoption of advanced technologies, high GDP per capita, favorable economic policies, high standard of living, and presence of a robust technology ecosystem. North America has a high emphasis on the defense sector as the governments spend significant amounts on military, navy, and air force. Various domains such as telecommunication, media & entertainment, transportation & logistics, business & enterprise, scientific research & development, aviation, aerospace, defense, and retail & consumer drive the satellite communication terminal market in the region. As a part of the Commercial Broadband Satellite Program (CBSP), the US Navy has awarded a contract of 16 satellite communication terminals to L3Harris Technologies, Inc.

Viasat Inc., Airbus, General Dynamics, Thales Group and L3Harris Technologies – are among the well-known players operating in the global satellite communication terminal market and are focused on product development and innovations. The S-band is a short-wave radar frequency band that operates between 2 and 4 GHz. This band is mostly used for radar and communication. It's designed specifically for two-way communication and content delivery for small devices like mobile terminals, vehicular terminals, and handhelds, which is why it's used for satellite communication, especially in scenarios that require clarity and speed, like those required by NASA for the Space Shuttle and the International Space Station. The S-band is adaptable and powerful, making it a suitable technology for a variety of public-facing applications, most notably communication. The system might be used to send out distress signals in the event of an accident, as well as to transmit real-time traffic and weather data and status.

The top five companies in the market are Viasat Inc., Airbus, General Dynamics, Thales Group and L3Harris Technologies. The above listing of key players is derived by considering multiple factors such as overall revenue, current satellite communication terminal market portfolio, new product launches, market initiatives, investment in technology up-gradation, mergers & acquisitions, and other joint activities. A few of the important market initiatives and product developments from the industry are mentioned below: