Global satellite cables and assemblies market is anticipated to grow at a CAGR of 6.7% during the forecast period (2024-2031). The growing launch of space objects such as satellites, probes, landers, crewed spacecraft, and space station flight elements launched into Earth orbit or beyond has created demand for satellite cables and assemblies for telecommunications, broadcasting, internet connectivity, and military communications. Satellite cables and assemblies are applied in earth observation satellites, GNSS, military and defense satellites, internet and broadband systems, broadcasting, TV services, deep-space exploration missions, satellite payloads, solar panels, small satellites, and CubeSats. They guarantee the communication and data transfer of information with the help of onboard systems interconnection.
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The US has the highest number of objects launched into space in 2023. As per the United Nations Office for Outer Space Affairs, the US launched 2,166 space objects followed by the UK with 144 and China with 128 in 2023.
Recent Market Developments
- In November 2024, AST SpaceMobile completed its first five commercial satellites, called Bluebirds, with 693 square feet of communication arrays. These are the Largest communications arrays to be commercially deployed in low Earth orbit. They will deliver US nationwide non-continuous service with over 5,600 cells and a 10-fold increase in processing bandwidth.
- In April 2024, SV Microwave has powerful sensors and computing power in a very compact frame. It can range from as large as a refrigerator to as small as a matchbox, considerably cheaper compared to conventional satellites. SmallSats have stormed LEO partly because of its proximity and distance for radio signals that is 84% LEO satellites, and 3% MEO constellations.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- 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 Corp., W. L. Gore & Associates, Inc., Radiall SA, and others.
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?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Satellite Cables and Assemblies Market Report Segment
By Satellite Type
- Small Satellite
- Medium Satellite
- Large Satellite
By Cable Type
- Round Cables
- Flat/ Ribbon Cables
By Conductor Material
- Metal Alloys
- Fibers
By Component
- Cables
- Connectors
- Others (Cable Harnesses, Cable Accessories, and Filters and Attenuators)
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