Over the past seven years, satellite capacity pricing has maintained a year-on-year downward spiral, primarily driven by the imbalance in supply-demand dynamics and the transition to High Throughput Satellites (HTS) with better unit economies. However, since 2020, with the outbreak of the COVID-19 pandemic, satellite capacity pricing negotiations have become increasingly intricate as service providers.
2021 saw a continuation of industry-wide transition in the satellite communications market, with the COVID-19 pandemic accelerating or worsening key industry trends. Most of NSR’s guidance for the satcom market persisted through the year, and some are set to accelerate in 2022. These trends include uneven growth across various verticals, vertical integration and horizontal consolidation,.
The COVID-19 pandemic triggered a slowdown of most operational activities along the satellite manufacturing value chain. In the early pandemic days, manufacturing facilities had to put their activities on hold, and launches were delayed due to the interdependence of actors in the supply chain from both sides and the restraints put on personnel movement. This.
For the better part of the past decade, “Crew Welfare” has been one of the infamous use-cases fuelling the transformation of connectivity in the Merchant Maritime markets. Enabled by the ‘unlimited use’ and consistent monthly bills of VSAT-based services, building out a robust connectivity option for capturing latent crew connectivity requirements was cited as one.
A very impressive $17B in equipment revenues is anticipated and addressed by NSR’s Flat Panel Satellite Antenna Analysis, 6th Edition report. The report sees over 6M cumulative FPA shipments generating nearly $17B in equipment revenues over the next decade. The growing Non-GEO HTS Consumer Broadband market will yield nearly 5M in shipments alone, driven by the growing.