Satellite Antenna Market Gaining Momentum With Forecasted 14.9% CAGR
Satellite Antenna Market Poised for Rapid Expansion Driven by Connectivity Demand and Space Innovations** The Satellite Antenna industry is undergoing a transformative phase as global demand for high-speed communication, remote sensing, navigation, and broadcasting services accelerates. With the market valued at US$ 8.32 Billion in 2023 and expected to reach US$ 22 Billion by 2030 , the sector is experiencing robust momentum fueled by digital transformation, satellite-based connectivity, and innovations across the space ecosystem. As governments, enterprises, and technology providers increase investments in satellite communication infrastructure, the global satellite antenna landscape is set for significant growth during the forecast period. Satellite antennas play a central role in enabling reliable wireless communication by converting electrical energy into electromagnetic waves for transmission and reversing this process for reception. Their application...