Radar & Satellite Operations in the US - Industry Market Research Report

Radar & Satellite Operations in the US - Industry Market Research Report

  • November 2020 •
  • 49 pages •
  • Report ID: 171052 •
  • Format: PDF
Strong signal: Profit is expected to increase as input costs continue to decrease

Abstract

Radar & Satellite Operations in the US
The Radar and Satellite Operations industry occupies a robust position in the US telecommunications sector; working closely with telecommunications service providers, this industry offers specialized satellite telecommunications services and plays a critical role in the operation of satellites. Participants are involved in satellite telemetry, tracking and control services and the operation of ground control stations; however, the industry does not manufacture satellite equipment. Over the five years to 2019, industry revenue has grown. The industry’s success relies on an expansion in downstream broadband connections, an increase in government spending and strong investment in computers and software. Although the Radar and Satellite Operations industry remains vital for telecommunications and defense contractors, it is expected to experience steady but slowing revenue growth over the five years to 2024.

Industry operators provide specialized satellite telecommunication services, such as satellite tracking, telemetry and radar station operation. They also provide terminal stations and facilities connected with terrestrial systems that transmit telecommunications to, and receive telecommunications from, satellite systems. The industry does not provide telecommunication services, but works closely with those that do, reflecting high interdependence with the telecommunications sector.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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