Satellite Cables and Assemblies Market
Satellite Cables and Assemblies Market Size, Share & Trends Analysis Report by Satellite Type (Small Satellite, Medium Satellite, and Large Satellite), by Cable Type (Round Cables, and Flat/ Ribbon Cables), by Conductor Material (Metal Alloys, and Fibers) by Component (Cables, Connectors, and Others ) by Insulation Type (Thermosetting, and Thermoplastic), and by (Conductor Type, Twisted pair, Coaxial, Fiber Optics, and Shielded/ Jacketed) Forecast Period (2024-2031)
Satellite cables and assemblies market is anticipated to grow at a CAGR of 6.7% during the forecast period (2024-2031). The demand for satellite communication services is being driven upward by high-speed internet, broadband services, and media content delivery on a global scale. Development in satellite technologies, and low earth orbit satellite constellations, is improving connectivity on a global level. Aerospace and defense market growth is also being accompanied by 5G network expansion and the need for a global navigation system. Satellite cables and assemblies are required to provide seamless integration with the ground networks and support the 5G infrastructure in rural and underserved areas. Technological advancements in the materials and emerging markets also drive the demand for satellite cables and assemblies.
Market Dynamics
Increasing Demand for Global Connection and Mobility
The increasing demand for global connectivity and mobility develops a market for satellite cables and assemblies. This is a backbone of global communication networks that requires reliable and efficient cable systems for data transfer and power distribution. According to the World Economic Forum, in April 2024, the space economy is projected to grow from $630 billion in 2023 to $1.8 trillion by 2035, driven by increasing global connectivity and mobility. This annual growth rate of 9% is significantly higher than the expected global GDP growth rate of 5% over the same period. Further, the space economy is growing at a rate of 6-8% per year and contributes to approximately half of the revenues that are going to be generated worldwide from the payments industry - around $3.2 trillion by 2027.
Expansion of 5G Networks
Satellite communication, which is more significant at infrastructural levels in underdeveloped or rural places, catalyzed more growth of 5G networks, and as such developed the need for more complicated cables to connect satellites effectively. According to the 5G Americas Org., in March 2024, reported that there were 1.76 billion global connections in 5G, with a 66% increase from the addition of 700 million new connections. In North America, 5G accounted for 29% of all wireless cellular connections. The total number of 5G connections reached 197 million by the end of the year growing 64% in a year with 77 million new connections. In Latin America, LTE connections stood at 582 million and reached 40 million more in one year, and 5G connections reached 39 million at the end.
Market Segmentation
- Based on the satellite type, the market is segmented into small satellites, medium satellites, and large satellites.
- Based on the cable type, the market is segmented into round cables, and flat/ ribbon cables.
- Based on the conductor material, the market is segmented into metal alloys and fibers.
- Based on the component, the market is segmented into cables, connectors, and others (cable harnesses, cable accessories, filters, and attenuators).
- Based on the insulation type, the market is segmented into thermosetting and thermoplastic.
- Based on the conductor type, the market is segmented into twisted pair, coaxial, fiber optics, and shielded/ jacketed.
Small Satellite Segment is Expected to Hold the Largest Market Share
The demand for small satellites is driving innovation in lightweight, high-performance components that can endure the adverse conditions of space. For instance, in August 2024, ISRO launched the EOS-08 Earth Observation Satellite onboard the Small Satellite Launch Vehicle (SSLV)-D3 from the Satish Dhawan Space Centre in Sriharikota.
Cables Segment to Hold a Considerable Market Share
Satellite cables and assemblies play a vital role in satellite systems to facilitate communication, data transmission, and power supply. It is used in various applications such as broadcasting, earth observation, and navigation. Coaxial, fiber optic, power, twisted pair, and high-frequency are the types of cables used. Miniaturization, increasing satellite constellations, emerging technologies, and space exploration are pushing the market forward, along with 5G networks driving advancement.
Regional Outlook
The global satellite cables and assemblies market is further segmented based on region including North America (the US, and Canada), Asia-Pacific (India, China, Japan, South Korea, and the Rest of Asia-Pacific), Europe (the UK, Germany, France, Italy, Spain, Germany, France, and the Rest of Europe), and the Rest of the World (the Middle East & Africa, and Latin America).
Demand for Earth Observation Satellites Is Growing In the Asia-Pacific Region
India's earth observation satellite launch is expected to boost demand for high bandwidth cables and fiber optics for reliable data from space to ground stations. In June 2024, the government has planned to raise 12 earth observation satellites partially through a PPP model to boost the domestic private space sector demand. The incentives to boost demand for the domestic private space sector include the establishment of a PPP model for earth observation satellites as well as encouraging domestic launches of rockets.
Global Satellite Cables and Assemblies Market Growth by Region 2024-2031
North America Holds Major Market Share
North America region has a significant market share owing to the US-based satellite deployment and the high demand for space-based broadband services in the global satellite cables and assemblies market. In August 2024, AST SpaceMobile obtained the commercial license but under strictly limited terms through an FCC license to its commercial BlueBird satellites to orbit at low Earth orbit and launch the five largest communication arrays ever commercially launched in that orbit. This can operate space-based cellular broadband services to every ordinary smartphone in any location in the US, close the digital divide, enhance emergency communications, speed digital transformation, and promote US direct-to-device regulation.
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the satellite cables and assemblies market include Amphenol Corp., W. L. Gore & Associates, Inc., Radiall SA, and others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers and acquisitions to stay competitive in the market.
Recent Developments
- In May 2024, SES and Intelsat merged in a $3.1 billion deal and developed a combined fleet of around 100 geostationary orbit satellites, as traditional operators face increasing competition from low-Earth orbit broadband mega-constellations.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Satellite Cables and Assemblies market. Based on the availability of data, information related to new products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Industry Trends
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Amphenol Corp.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. W. L. Gore & Associates, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Radiall SA
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Satellite Cables and Assemblies Market by Satellite Type
4.1.1. Small Satellite
4.1.2. Medium Satellite
4.1.3. Large Satellite
4.2. Global Satellite Cables and Assemblies Market by Cable Type
4.2.1. Round Cables
4.2.2. Flat/ Ribbon Cables
4.3. Global Satellite Cables and Assemblies Market by Conductor Material
4.3.1. Metal Alloys
4.3.2. Fibers
4.4. Global Satellite Cables and Assemblies Market by Component
4.4.1. Cables
4.4.2. Connectors
4.4.3. Others (Cable Harnesses, Cable Accessories, and Filters and Attenuators)
4.5. Global Satellite Cables and Assemblies Market by Insulation Type
4.5.1. Thermosetting
4.5.2. Thermoplastic
4.6. Global Satellite Cables and Assemblies Market by Conductor Type
4.6.1. Twisted pair
4.6.2. Coaxial
4.6.3. Fiber Optics
4.6.4. Shielded/ Jacketed
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East and Africa
6. Company Profiles
6.1. Arrow Electronics, Inc.
6.2. AXON' CABLE SAS
6.3. Bel Fuse Inc.
6.4. Belden Inc.
6.5. CAES Mission Systems LLC
6.6. Cicoil Corp.
6.7. Eaton Corp. plc
6.8. Harwin Plc
6.9. HUBER+SUHNER AG
6.10. Litra Manufacturing Inc
6.11. Prysmian S.p.A.
6.12. Rosenberger Hochfrequenztechnik GmbH & Co. KG
6.13. Smiths Group plc
6.14. TE Connectivity plc
6.15. Times Microwave Systems
1. Global Satellite Cables and Assemblies Market Research And Analysis By Satellite Type, 2023-2031 ($ Million)
2. Global Satellite Cables and Assemblies For Small Satellite Market Research And Analysis By Region, 2023-2031 ($ Million)
3. Global Satellite Cables and Assemblies For Medium Satellite Market Research And Analysis By Region, 2023-2031 ($ Million)
4. Global Satellite Cables and Assemblies For Large Satellite Market Research And Analysis By Region, 2023-2031 ($ Million)
5. Global Satellite Cables and Assemblies Market Research And Analysis By Cable Type, 2023-2031 ($ Million)
6. Global Satellite Round Cables Market Research And Analysis By Region, 2023-2031 ($ Million)
7. Global Satellite Flat/ Ribbon Cables Market Research And Analysis By Region, 2023-2031 ($ Million)
8. Global Satellite Cables and Assemblies Market Research And Analysis By Conductor Material, 2023-2031 ($ Million)
9. Global Metal Alloys Satellite Cables and Assemblies Market Research And Analysis By Region, 2023-2031 ($ Million)
10. Global Fibers Satellite Cables and Assemblies Market Research And Analysis By Region, 2023-2031 ($ Million)
11. Global Satellite Cables and Assemblies Market Research And Analysis By Component, 2023-2031 ($ Million)
12. Global Satellite Cables Market Research And Analysis By Region, 2023-2031 ($ Million)
13. Global Satellite Cables Connectors Market Research And Analysis By Region, 2023-2031 ($ Million)
14. Global Other Satellite Cables and Assemblies Market Research And Analysis By Region, 2023-2031 ($ Million)
15. Global Satellite Cables and Assemblies Market Research And Analysis By Insulation Type, 2023-2031 ($ Million)
16. Global Thermosetting Satellite Cables and Assemblies Market Research And Analysis By Region, 2023-2031 ($ Million)
17. Global Thermoplastic Satellite Cables and Assemblies Market Research And Analysis By Region, 2023-2031 ($ Million)
18. Global Satellite Cables and Assemblies Market Research And Analysis By Conductor Type, 2023-2031 ($ Million)
19. Global Twisted Pair Satellite Cables and Assemblies Market Research And Analysis By Region, 2023-2031 ($ Million)
20. Global Coaxial Satellite Cables and Assemblies Market Research And Analysis By Region, 2023-2031 ($ Million)
21. Global Fiber Optics Satellite Cables and Assemblies Market Research And Analysis By Region, 2023-2031 ($ Million)
22. Global Shielded/ Jacketed Satellite Cables and Assemblies Market Research And Analysis By Region, 2023-2031 ($ Million)
23. Global Satellite Cables and Assemblies Market Research And Analysis By Region, 2023-2031 ($ Million)
24. North American Satellite Cables and Assemblies Market Research And Analysis By Country, 2023-2031 ($ Million)
25. North American Satellite Cables and Assemblies Market Research And Analysis By Satellite Type, 2023-2031 ($ Million)
26. North American Satellite Cables and Assemblies Market Research And Analysis By Cable Type, 2023-2031 ($ Million)
27. North American Satellite Cables and Assemblies Market Research And Analysis By Conductor Material, 2023-2031 ($ Million)
28. North American Satellite Cables and Assemblies Market Research And Analysis By Component, 2023-2031 ($ Million)
29. North American Satellite Cables and Assemblies Market Research And Analysis By Insulation Type, 2023-2031 ($ Million)
30. North American Satellite Cables and Assemblies Market Research And Analysis By Conductor Type, 2023-2031 ($ Million)
31. European Satellite Cables and Assemblies Market Research And Analysis By Country, 2023-2031 ($ Million)
32. European Satellite Cables and Assemblies Market Research And Analysis By Satellite Type, 2023-2031 ($ Million)
33. European Satellite Cables and Assemblies Market Research And Analysis By Cable Type, 2023-2031 ($ Million)
34. European Satellite Cables and Assemblies Market Research And Analysis By Conductor Material, 2023-2031 ($ Million)
35. European Satellite Cables and Assemblies Market Research And Analysis By Component, 2023-2031 ($ Million)
36. European Satellite Cables and Assemblies Market Research And Analysis By Insulation Type, 2023-2031 ($ Million)
37. European Satellite Cables and Assemblies Market Research And Analysis By Conductor Type, 2023-2031 ($ Million)
38. Asia-Pacific Satellite Cables and Assemblies Market Research And Analysis By Country, 2023-2031 ($ Million)
39. Asia-Pacific Satellite Cables and Assemblies Market Research And Analysis By Satellite Type, 2023-2031 ($ Million)
40. Asia-Pacific Satellite Cables and Assemblies Market Research And Analysis By Cable Type, 2023-2031 ($ Million)
41. Asia-Pacific Satellite Cables and Assemblies Market Research And Analysis By Conductor Material, 2023-2031 ($ Million)
42. Asia-Pacific Satellite Cables and Assemblies Market Research And Analysis By Component, 2023-2031 ($ Million)
43. Asia-Pacific Satellite Cables and Assemblies Market Research And Analysis By Insulation Type, 2023-2031 ($ Million)
44. Asia-Pacific Satellite Cables and Assemblies Market Research And Analysis By Conductor Type, 2023-2031 ($ Million)
45. Rest Of The World Satellite Cables and Assemblies Market Research And Analysis By Region, 2023-2031 ($ Million)
46. Rest Of The World Satellite Cables and Assemblies Market Research And Analysis By Satellite Type, 2023-2031 ($ Million)
47. Rest Of The World Satellite Cables and Assemblies Market Research And Analysis By Cable Type, 2023-2031 ($ Million)
48. Rest Of The World Satellite Cables and Assemblies Market Research And Analysis By Conductor Material, 2023-2031 ($ Million)
49. Rest Of The World Satellite Cables and Assemblies Market Research And Analysis By Component, 2023-2031 ($ Million)
50. Rest Of The World Satellite Cables and Assemblies Market Research And Analysis By Insulation Type, 2023-2031 ($ Million)
51. Rest Of The World Satellite Cables and Assemblies Market Research And Analysis By Conductor Type, 2023-2031 ($ Million)
1. Global Satellite Cables and Assemblies Market Share By Satellite Type, 2023 Vs 2031 (%)
2. Global Satellite Cables and Assemblies For Small Satellite Market Share By Region, 2023 Vs 2031 (%)
3. Global Satellite Cables and Assemblies For Medium Satellite Market Share By Region, 2023 Vs 2031 (%)
4. Global Satellite Cables and Assemblies For Large Satellite Market Share By Region, 2023 Vs 2031 (%)
5. Global Satellite Cables and Assemblies Market Share Analysis By Cable Type, 2023-2031 ($ Million)
6. Global Satellite Round Cables Market Share By Region, 2023 Vs 2031 (%)
7. Global Satellite Flat/ Ribbon Cables Market Share By Region, 2023 Vs 2031 (%)
8. Global Satellite Cables and Assemblies Market Share Analysis By Conductor Material, 2023 Vs 2031 (%)
9. Global Metal Alloys Satellite Cables and Assemblies Market Share By Region, 2023 Vs 2031 (%)
10. Global Fibers Satellite Cables and Assemblies Market Share By Region, 2023 Vs 2031 (%)
11. Global Satellite Cables and Assemblies Market Share Analysis By Component, 2023 Vs 2031 (%)
12. Global Satellite Cables Market Share By Region, 2023 Vs 2031 (%)
13. Global Satellite Cables Connectors Market Share By Region, 2023 Vs 2031 (%)
14. Global Other Satellite Cables and Assemblies Market Share By Region, 2023 Vs 2031 (%)
15. Global Satellite Cables and Assemblies Market Share Analysis By Insulation Type, 2023 Vs 2031 (%)
16. Global Thermosetting Satellite Cables and Assemblies Market Share By Region, 2023 Vs 2031 (%)
17. Global Thermoplastic Satellite Cables and Assemblies Market Share By Region, 2023 Vs 2031 (%)
18. Global Satellite Cables and Assemblies Market Share Analysis By Conductor Type, 2023-2023 Vs 2031 (%)
19. Global Twisted Pair Satellite Cables and Assemblies Market Share By Region, 2023 Vs 2031 (%)
20. Global Coaxial Satellite Cables and Assemblies Market Share By Region, 2023 Vs 2031 (%)
21. Global Fiber Optics Satellite Cables and Assemblies Market Share By Region, 2023 Vs 2031 (%)
22. Global Shielded/ Jacketed Satellite Cables and Assemblies Market Share By Region, 2023 Vs 2031 (%)
23. Global Satellite Cables and Assemblies Market Share By Region, 2023 Vs 2031 (%)
24. US Satellite Cables and Assemblies Market Size, 2023-2031 ($ Million)
25. Canada Satellite Cables and Assemblies Market Size, 2023-2031 ($ Million)
26. UK Satellite Cables and Assemblies Market Size, 2023-2031 ($ Million)
27. France Satellite Cables and Assemblies Market Size, 2023-2031 ($ Million)
28. Germany Satellite Cables and Assemblies Market Size, 2023-2031 ($ Million)
29. Italy Satellite Cables and Assemblies Market Size, 2023-2031 ($ Million)
30. Spain Satellite Cables and Assemblies Market Size, 2023-2031 ($ Million)
31. Rest Of Europe Satellite Cables and Assemblies Market Size, 2023-2031 ($ Million)
32. India Satellite Cables and Assemblies Market Size, 2023-2031 ($ Million)
33. China Satellite Cables and Assemblies Market Size, 2023-2031 ($ Million)
34. Japan Satellite Cables and Assemblies Market Size, 2023-2031 ($ Million)
35. South Korea Satellite Cables and Assemblies Market Size, 2023-2031 ($ Million)
36. Rest Of Asia-Pacific Satellite Cables and Assemblies Market Size, 2023-2031 ($ Million)
37. Latin America Satellite Cables and Assemblies Market Size, 2023-2031 ($ Million)
38. Middle East And Africa Satellite Cables and Assemblies Market Size, 2023-2031 ($ Million)
