Global MIL Shipborne Sat. Terminal Market Tech Forecast 2021-2031
End Market Analysis forecasts global military shipborne satellite terminal expenditure will approach $1.5 billion by 2031, representing a CAGR of 4.6%. This analysis looks at the terminal market across region, platform types as well as frequency and power categories. Trends driving spending on the shipborne satellite terminals will be underpinned by rapidly increasing bandwidth demand, software-defined and solid-state technologies, and satellite terminal connectivity with radio as well as ship-to-ship and ship-to-shore networks. OPV-FAC-USV shipborne satellite terminals will represent the largest market both in both dollar and shipment terms, with North America continuing to lead the regional market opportunity for the terminal system and component suppliers.
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