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

  • May 2017
  • 32 pages
  • Ibisworld
Report ID: 171052

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A steady orbit: New digital markets and increased government spending will help maintain steady growth

Radar & Satellite Operations in the US

Over the five years to 2017, the Radar and Satellite Operations industry has experienced steady restructuring and downsizing activities among its largest operators.

Moving forward, industry revenue is expected to continue increasing. The industry will benefit from an expanding global economy and stability in demand from the downstream satellite telecommunications market over the next five years. However, industry revenue is expected to grow at a slower rate over the next five years compared with the previous five-year period. Fortunately, the ongoing demand from businesses and consumers for satellite telecommunications service and repair will stretch satellite network capacity and necessitate some infrastructure upgrades and expansions.

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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