Maritime Satellite Communication Market 2020 Future Trends, Dynamic Growth & Forecast To 2028
Get link
Facebook
Twitter
Pinterest
Email
Other Apps
The Global Maritime Satellite Communication Market is expected to grow from USD 3.53 Billion in 2019, at a CAGR of 9.1% during the forecast period. It is anticipated that the increasing need for enriched data communication and extensive use of satellite communication in the maritime industry along with less expensive technology to attract end users who did not have the ability to use satellite communication initially will drive the market during the forecast period. For More Information, Download Sample Of The Premium Report Maritime Satellite Communication MarketDuring the forecast period, the very tiny opening terminal (VSAT) technology segment is projected to dominate the industry for maritime satellite communication. VSAT currently maintains over 61 percent of the overall market share. The fast transition from mobile satellite communication (MSS) to VSAT is ascribed to VSAT maritime users ' bandwidth and price benefits. VSAT's reach across the Ka-Band is currently peaking and this pattern is anticipated to persist until 2028. On the other hand, due to the growing activities of maritime cable relay facilities across Ku-Band, the Ku-Band section is anticipated to record the largest growth during the forecast period. Key Factors Impacting Market Growth:
The increasing need for data communication in the marine industry.
Fast adoption of technology in the Asia Pacific especially in China & India
In April 2019 ORBCOMM, a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, announced that the Australian Maritime Safety Authority (AMSA) has extended its contract for another year through ORBCOMM’s partner Kordia. ORBCOMM and Kordia, a leading provider of mission-critical technology solutions in Australia and New Zealand, will provide satellite Automatic Identification System (AIS) data used for ship tracking and other maritime navigational and safety efforts to AMSA for designated regions and specific maritime projects.
On 25th March 2019, the British satellite communications company Inmarsat agreed to a takeover by a group led by the private equity firms Apax and Warburg Pincus, becoming the latest UK technology business to be sold to investment companies.
Companies Covered: Inmarsat communications, Inc., Iridium Communications, Inc., Thuraya Telecommunications Company, Hughes Network System LLC., KVH Industries, Inc., VIASAT, Harris Caprock, Royal Imtech N.V., Globecomm Systems Inc., and VT iDirect, Inc., Speedcast, Navarino, NSSL Global, MTN, and Network Innovation.
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Type
By Application
By End User Industry
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Type
By Application
By End User Industry
Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Type
By Application
By End User Industry
Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Type
By Application
By End User Industry
Rest of the World
By Region (South America, Africa)
By Type
By Application
By End User Industry
Reasons To Buy This Report:
Market size estimation of the global maritime satellite communication market on a regional and global basis
The unique research design for market size estimation and forecast
Profiling of major companies operating in the market with key developments
Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
By Segment
By Sub-segment
By Region/Country
ABOUT US: QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.
Market Analysis The shrink sleeve labels market , according to the new MRFR analysis, will develop at a 6.5% CAGR between 2017- 2023. Shrink sleeves are plastic/polyester labels that are wrapped on the entire perimeter of the object/product. Numerous factors are adding to the share and revenue of the market. As per the MRFR report, these factors comprise developing manufacturing and retail sector, burgeoning need for shrink label and stretch sleeve labels, surging need for pharmaceutical products, increased investments in the packaging sectors by companies to improve technology, on-shelf appeal, brand competitiveness, and cost-efficiency. Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/1785 On the contrary, growing awareness regarding packaging items that are eco-friendly, bio-degradable, and have low density, availability of cost-effective alternatives such as pressure-sensitive labels & self-adhesive, and the impact of the on-going COVID-19 outbr
Market Highlights Ambient Food Packaging refers to packaging a food product in pasteurized and sterilized packs to increase its shelf life. Ambient food packing has become a trend in the food packaging industry and ambient food products are preferred by majority of the customers over others. Increasing demand for having more empty space in chill cabinets calls for the adoption of the food packaging methods that can offer a better shelf life to the product even without a refrigerator. Demand for sustainable packaging materials has become a new trend in the ambient food packaging industry. The ambient food packaging manufacturers are continuously involved in new packaging processes that extend product shelf life and prevent contamination. Food packaging can be done in cans, cups, sachets, tubes and bottles according to customer convenience and product requirement. Ambient food packaging manufacturers have also started offering services such as injection moulding, thermoforming and
The Global Aromatic Solvents Market is projected to reach USD 9.15 billion by 2028, growing at a CAGR of 3.1% during the forecast period. The worldwide increase in construction activities & consequent growth of paints industry is expected to propel the aromatic solvents market during the forecast period. Click Here To Get Sample of The Premium Report What are aromatic solvents? Aromatic solvents are composed of aromatic hydrocarbons such as xylene, naphthalene, and toluene. The aromatic solvents are used to dissolve solid materials to form homogeneous solutions. Aromatic solvents are produced by fractional distillation of crude oil in oil refineries. Due to their high levels of solvency, the demand for aromatic solvents is on the global rise. Market dynamics by QMI- The paints & coating industry is the principal end user of aromatic solvents. Toluene is utilized as a base material for the production of toluene diisocyanate, cement for polystyrene kits, and fullerene indicato
Comments
Post a Comment