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Satellite Cables and Assemblies Market Size, Share and COVID-19 Impact Analysis, By Components (Wires, Connectors, and Others), By Cable Types (Coaxial, Fiber Optics, and Others), By Type of Insulation (Thermoplastic and Thermosetting) By Type of Satellite (Small, Medium, and Large), and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI108400 | Status : Ongoing

 

KEY MARKET INSIGHTS

Satellite cables and assemblies are critical components in the space industry for more effective and reliable signals and power supply transmission between different space components such as antennas, transmitters, receivers, and other components. The most needed quality features for satellite cables, connectors, and assemblies are lightweight and resistant to high temperatures.


Key Market Insights:


The satellite cables and assemblies market is very widespread. This market includes several industries, including the small-satellite launching industry, remote sensing, IOT-based sensor market, and communication service providers. Versatility, low cost, advanced manufacturing materials, mass production, and short life cycle are the key factors to drive this market.

Increasing number of launches of small satellites in lower earth orbit is a key driver for the growth of the satellite cables and assemblies market. Interconnection and cabling systems are used in new-age small-size and lightweight satellites for high–throughput. Developing technologically flexible and high data transmitting cables and mechanically durable connectors are the emerging market trends.

The high cost of raw materials and developments in wireless technology paused major challenge for satellite cable and assembly market in the forecasted period. Moreover, incidents of satellite collision with space debris also hamperd the market and leads to requirement of robust and durable systems.  

Impact of COVID-19 on the Satellite Cables and Assemblies Market:


The COVID-19 pandemic significantly impacted the satellite cables and assemblies market due to the complete lockdown and economic crisis in several high-growth regions during the pandemic. Also, global disruption in the supply chain industry resulted in reduced production and delayed delivery. But as the pandemic is normal again, the satellite cables and assemblies market is also experiencing growth in the coming years due to the rapid launch of small satellites in LEO orbit.

Satellite cables and assemblies market can be segmented into different types. By components, this market can be segmented by wires, connectors, and others. Based on cable types, this market is fragmented into coaxial, fiber optics, and others. Based on the type of satellite, this market can be divided into small, medium, and large satellites. On the basis of type of insulation, the market can be divided into thermoplastic and thermosetting. From a regional point of view, this market can be categorized into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.

Key Insights:


The report will cover the following key insights:


  • The report analyzes a detailed industry overview, including qualitative and quantitative information.

  • It analyzes an overview and forecast of the satellite cables and assemblies market based on various segments.

  • The report also analyzes comprehensive PEST analysis for all regions, i.e., North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America, after evaluating economic, political, and technological factors affecting the impact of the Satellite Cables and Assemblies Market in these regions.


Regional Analysis:


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The North American region has captured the highest market share of the Satellite Cables and Assemblies Market due to many key satellite cables and assemblies manufacturers such as W.L Gore and Associates, Gecko, Litra Manufacturing, CAES, Carlisle IT, etc. The market development in North America is mainly due to the increasing focus on space exploration programs by NASA, SpaceX, and other major players. 86 satellites by the U.S. only, 46% of the total satellites were launched last year. Furthermore, the Asia Pacific region is predicted to be experienced the highest growth rate due to the rise of technology in the region.

Key Players Covered:


The report includes the profiles of key players such as Nexans, Amphenol, T.E Connectivity, Huber +Suhner, W.L Gore and Associates, Gecko, Litra Manufacturing, CAES, CarlisleIT, Radiall, Harwin, and Axon, and others.

Segmentation:




















By    Components


By Satellite Type


By   Type of Insulation


By Cable Type


By Region


 


  • Wires

  • Connectors

  • Others




  • Small

  • Medium

  • Large




  • Thermoplastic

  • Thermosetting  




  • Coaxial

  • Fibre Optics

  • Others




  • North America (The U.S. and Canada)

  • Europe (The U.K., Germany, France, Russia, and Rest of Europe)

  • Asia Pacific (India, China, Japan, South Korea, and Rest of Asia Pacific)

  • Middle East and Africa (UAE, Saudi Arabia, Israel, and Rest of Middle East and Africa)

  • Latin America (Brazil, Argentina, and Rest of Latin America)



Key Industry Developments:



  • In August 2022, Huber+Suhner, one of the global cable manufacturers, introduced a new flexible microwave cable assembly named MINI250H, which transmits antenna signals for application in space.

  • In April 2023, based on the new Quartz design, Radiall, a global satellite manufacturer company, introduced a robust architecture that saves weight, has more compact systems, and reduced the final cost of systems.





  • Ongoing
  • 2023
  • 2019-2022

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