Title: LATAM VSAT Maritime Antennas Market - Forecast(2021 - 2026)
1LATAM VSAT Maritime Antennas MarketLATAM VSAT
Maritime Antennas Market - Forecast(2021 - 2026)
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- LATAM VSAT Maritime Antenna market is anticipated
to reach 220 million by 2026 with a CAGR of
13.2Â in the forecast period 2021-2026. - Increasing demand from passengers, as well as
regulatory pressure on communications and crew
welfare are major factors pushing maritime
operators to install new generation satellite
systems on their vessels. In addition, decreasing
prices for capacity and terminals encourage
increased VSAT services adoption.
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- Marine Electronics Market Growth Drivers
- Adoption of VSAT owing to its improved
communication reliability and efficiency is
growing rapidly in the forecast period. VSAT
technology is widely adopted by naval forces and
coastal security due to its enhanced
characteristics such as easy installation,
cheaper cost and smaller size..
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The high Cost required for deploying VSAT
antenna, especially for Naval, merchant and other
vessels is limiting their adoption. For instance
to install a stabilized Ku-band antenna like the
SeaTel 4006 or 4009, the Orbit 7103 or the KNS
Z10 costs in the region of 50,000 to 60,000.Â
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KEY PLAYERS Technologies Cobham Furuno
Electric Co Ltd Gilat Satellite Networks
EchoStar Corporation Viasat, Inc Inmarsat Plc
Speedcast International
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LATAM VSAT Maritime Antennas
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