The global satellite cables and assemblies market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The major factor driving the growth of the global satellite cables and assemblies market during the forecast period is the increasing launches of small satellites across the globe. For instance, in December 2021, NASA announced to launch of five small satellites into space including BAMA-1, CURIE, INCA, QubeSat and R5-S1 as part of the first mission under the agency’s Venture Class Launch Services Demonstration 2 contract.
Browse the full report description of “Global 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, Conductors and Others), By Insulation Type (Thermosetting and Thermoplastic), By Conductor Type (Twisted Pair, Coaxial, Fiber Optics, and Shielded/Jacketed) Forecast (2022-2028)” at https://www.omrglobal.com/industry-reports/satellite-cables-and-assemblies-market
Moreover, due to growing demands for high- throughput, ruggedness, small size, and less spacecraft weight, there is a growing demand for interconnect and cabling systems in the satellite industry. Additionally, effective communication among spacecraft components requires signal speed and integrity. Hence, cables are used for the transmission of data which in turn is driving the growth of the global satellite cables and assemblies market during the forecast period.
The major companies serving the global satellite cables and assemblies market include Amphenol, Huber+Suhner, Nexans S.A, T.E Connectivity, and W.L Gore & Associates, Inc., among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, partnerships and collaborations, and geographical expansion, to stay competitive in the market. For instance, in July 2021, TE Connectivity announced the launch of its Rochester Greaseless Cable Technology. It provides more efficient field operation for downhole logging applications and replaces steel cables in cased hole operations as well as has faster run speeds than traditional wireline.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Satellite Type
o By Cable Type
o By Conductor Material
o By Component
o By Insulation Type
o By Conductor Type
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Amphenol, Huber+Suhner, Nexans S.A, T.E Connectivity, and W.L Gore & Associates, Inc.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Satellite Cables and Assemblies Market Report by Segment
By Satellite Type
By Cable Type
By Conductor Material
By Component
By Insulation Type
By Conductor Type
Global Satellite Cables and Assemblies Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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