The technological advancement in terms of size, reliability, transfer rate, and power consumption are driving the global space-based RF & microwave technology market. In addition, the introduction of new private players and increasing government and institutional funding within the space domain help generate market opportunities.
MARKET SCOPE
The "Global Space-Based RF and Microwave Technology Market Analysis to 2028"? is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the space-based RF and microwave technology market with detailed market segmentation by platform, component, application and geography. The report provides key statistics on the market status of the leading space-based RF and microwave technology market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on platform, the global space-based RF and microwave technology market is segmented into space-based platform, ground-based platform
- On the basis of component, the market is segmented transmitter/receiver module, amplifier, rf switches, rf cables, others
- On the basis of application, the market is segmented communication, earth observation, navigation/gps, others
MARKET DYNAMICS
Drivers:
- Rising Demand for Satellite Communication Systems
- Rising Usage of CubeSats and Other Cost-Effective Satellite Solutions
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The space-based RF and microwave technology market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the space-based RF and microwave technology market in these regions.
IMPACT OF COVID-19ON SPACE-BASED RF AND MICROWAVE TECHNOLOGY MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the space-based RF and microwave technology market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from space-based RF and microwave technology market are anticipated to lucrative growth opportunities in the future with the rising demand for airport tugs in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the space-based RF and microwave technology market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ASELSAN A.S
- Airbus S.A.S.
- Cobham Limited
- General Dynamics Mission Systems, Inc.
- Honeywell International Inc.
- HUBER+SUHNER
- Kongsberg
- L3Harris Technologies, Inc.
- Leonardo S.p.A.
- Mitsubishi Electric Corporation