Maritime VSAT Market Growth, Trends, Price and Forecasts To 2021 Maritime VSAT Market

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