Synopsis
The global Satellite Phone market size is expected to reach US$ 1111.1 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of Satellite Phone in various end use industries. The expanding demands from the Aerospace & Defense, Maritime, Energy and Government, are propelling Satellite Phone market. Geosynchronous Satellite Phones, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Low-Earth Orbit Satellite Satellite Phones segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Satellite Phone market, driven by demand from China, the second largest economy with some signs of stabilising, the Satellite Phone market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Satellite Phone, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Satellite Phone market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Satellite Phone market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Satellite Phone sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Satellite Phone covered in this report include Inmarsat, Iridium, Thuraya, Globalstar and TerreStar, etc.
The global Satellite Phone market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Inmarsat
Iridium
Thuraya
Globalstar
TerreStar
Global Satellite Phone market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Satellite Phone market, Segment by Type:
Geosynchronous Satellite Phones
Low-Earth Orbit Satellite Satellite Phones
Global Satellite Phone market, by Application
Aerospace & Defense
Maritime
Energy
Government
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Satellite Phone companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index
1 Market Overview of Satellite Phone
1.1 Satellite Phone Market Overview
1.1.1 Satellite Phone Product Scope
1.1.2 Satellite Phone Market Status and Outlook
1.2 Global Satellite Phone Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Satellite Phone Market Size by Region (2018-2029)
1.4 Global Satellite Phone Historic Market Size by Region (2018-2023)
1.5 Global Satellite Phone Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Satellite Phone Market Size (2018-2029)
1.6.1 North America Satellite Phone Market Size (2018-2029)
1.6.2 Europe Satellite Phone Market Size (2018-2029)
1.6.3 Asia-Pacific Satellite Phone Market Size (2018-2029)
1.6.4 Latin America Satellite Phone Market Size (2018-2029)
1.6.5 Middle East & Africa Satellite Phone Market Size (2018-2029)
2 Satellite Phone Market by Type
2.1 Introduction
2.1.1 Geosynchronous Satellite Phones
2.1.2 Low-Earth Orbit Satellite Satellite Phones
2.2 Global Satellite Phone Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Satellite Phone Historic Market Size by Type (2018-2023)
2.2.2 Global Satellite Phone Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Satellite Phone Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Satellite Phone Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Satellite Phone Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Satellite Phone Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Satellite Phone Revenue Breakdown by Type (2018-2029)
3 Satellite Phone Market Overview by Application
3.1 Introduction
3.1.1 Aerospace & Defense
3.1.2 Maritime
3.1.3 Energy
3.1.4 Government
3.1.5 Others
3.2 Global Satellite Phone Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Satellite Phone Historic Market Size by Application (2018-2023)
3.2.2 Global Satellite Phone Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Satellite Phone Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Satellite Phone Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Satellite Phone Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Satellite Phone Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Satellite Phone Revenue Breakdown by Application (2018-2029)
4 Satellite Phone Competition Analysis by Players
4.1 Global Satellite Phone Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Satellite Phone as of 2022)
4.3 Date of Key Players Enter into Satellite Phone Market
4.4 Global Top Players Satellite Phone Headquarters and Area Served
4.5 Key Players Satellite Phone Product Solution and Service
4.6 Competitive Status
4.6.1 Satellite Phone Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Inmarsat
5.1.1 Inmarsat Profile
5.1.2 Inmarsat Main Business
5.1.3 Inmarsat Satellite Phone Products, Services and Solutions
5.1.4 Inmarsat Satellite Phone Revenue (US$ Million) & (2018-2023)
5.1.5 Inmarsat Recent Developments
5.2 Iridium
5.2.1 Iridium Profile
5.2.2 Iridium Main Business
5.2.3 Iridium Satellite Phone Products, Services and Solutions
5.2.4 Iridium Satellite Phone Revenue (US$ Million) & (2018-2023)
5.2.5 Iridium Recent Developments
5.3 Thuraya
5.3.1 Thuraya Profile
5.3.2 Thuraya Main Business
5.3.3 Thuraya Satellite Phone Products, Services and Solutions
5.3.4 Thuraya Satellite Phone Revenue (US$ Million) & (2018-2023)
5.3.5 Globalstar Recent Developments
5.4 Globalstar
5.4.1 Globalstar Profile
5.4.2 Globalstar Main Business
5.4.3 Globalstar Satellite Phone Products, Services and Solutions
5.4.4 Globalstar Satellite Phone Revenue (US$ Million) & (2018-2023)
5.4.5 Globalstar Recent Developments
5.5 TerreStar
5.5.1 TerreStar Profile
5.5.2 TerreStar Main Business
5.5.3 TerreStar Satellite Phone Products, Services and Solutions
5.5.4 TerreStar Satellite Phone Revenue (US$ Million) & (2018-2023)
5.5.5 TerreStar Recent Developments
6 North America
6.1 North America Satellite Phone Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Satellite Phone Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Satellite Phone Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Satellite Phone Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Satellite Phone Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Satellite Phone Market Dynamics
11.1 Satellite Phone Industry Trends
11.2 Satellite Phone Market Drivers
11.3 Satellite Phone Market Challenges
11.4 Satellite Phone Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List