Maritime VSAT Market Size , Share , Trends , Analysis and Forecasts To 2021
Market Research analysts forecast the global maritime VSAT market to grow at a CAGR of 13.74 % during the period 2017-2021 .
The following companies as the key players in the global maritime VSAT market : Harris CapRock , Hughes Network Systems , Inmarsat , KVH Industries , ViaSat , and VT iDirect .
Other Prominent Vendors in the market are : Comtech Telecommunications , Emerging Markets Communications , OmniAccess , Raytheon , SageNet , SpeedCast , and Telespazi .
Commenting on the report , an analyst said : The latest trend gaining momentum in the market is increased use of satellite-based EO in maritime surveillance . Earth observation ( EO ) providers have entered maritime surveillance to leverage their high revenue potential . EO satellites and synthetic aperture radar ( SAR ) instruments are predominantly used in maritime surveillance . Satellites such as TerraSAR-X and RADARSAT-2 provide images for maritime surveillance and cover the entire surface of the Earth .
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According to the report , one of the major drivers for this market is growing adoption of satellite communication to monitor oil and gas rigs . The transportation of oil and gas through pipelines requires 24 / 7 surveillance and monitoring due to the high risk and financial loss associated with its leakage . Therefore , supervisory control and data acquisition ( SCADA ) systems are used for remote surveillance , monitoring , and maintenance of these pipelines .
Further , the report states that one of the major factors hindering the growth of this market is congestion of frequency bands . Satellite technology and its applications in the core sectors such as aeronautical and maritime is growing rapidly , and the requirement of higher frequency bands has increased significantly to facilitate efficient radio communications . Due to increase in the number and size of the satellites , congestion has become a challenge in delivering application-suitable frequency bands .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry . The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors .
About Maritime VSAT
VSAT services help in maritime surveillance , commodity tracking , identifying illegal fishing , improving maritime domain awareness ( MDA ), search and rescue operations , and anti-piracy . The major