Israel Satellite Communications Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 462.88 Million |
| Market Size (2029) | USD 596.41 Million |
| CAGR (2024 - 2029) | 5.20 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Israel Satellite Communications Market Analysis
The Israel Satellite Communications Market size is estimated at USD 462.88 million in 2024, and is expected to reach USD 596.41 million by 2029, growing at a CAGR of 5.20% during the forecast period (2024-2029).
- Israel is known for its advancements in satellite communication technology. The country has a thriving space industry and has launched satellites for various purposes, including communication, earth observation, and scientific research.
- Israel has developed a robust communication infrastructure to support satellite operations. This includes ground stations, tracking facilities, and data centers that enable satellite signal reception, processing, and distribution. The country has invested in advanced technologies to ensure reliable and secure satellite communication services.
- The need for broadband communications is rapidly increasing. Connectivity requirements for users onboard aircraft, ships, and vehicles in fixed and moving locations are examples of such demand. These three platforms need ongoing communication throughout their travel routes, which commonly pass through underserved sections of major cities and less inhabited areas. Such advancements are expected to accelerate market growth.
- Israel is actively involved in satellite communication research and development. The country has academic institutions, research centers, and companies that focus on advancing satellite technologies, improving communication protocols, and exploring new applications for satellite-based services.
- Moreover, the country collaborates with other countries and organizations in the field of satellite communication. The country participates in international projects, shares expertise, and engages in cooperative ventures to enhance its satellite capabilities and expand its global reach.
- Since the entire process of launching a satellite to send data is so sensitive, cybersecurity has grown to be a crucial issue for satellite communication. Additionally, since the vulnerabilities are mission-critical, the difficulty is the potential harm such cybersecurity attacks may do. The launch systems, communications, telemetry, tracking and command, and mission completion are some of the mission-critical vulnerabilities vulnerable to cybersecurity attacks. The over-dependency of satellite communication on secure cyber capabilities across the satellite's lifespan makes it a serious concern, thus, hindering its adoption.
Israel Satellite Communications Market Trends
Increasing Demand of Satellite Communication in Security and Defense
- Satellite communication plays a crucial role in Israel's defense and security strategy. Israel has developed satellite communication infrastructure to enhance its military capabilities and ensure effective communication across its defense forces.
- Satellites provide Israel with the ability to gather valuable intelligence information from space. They can capture high-resolution imagery, monitor activities on the ground, and detect potential threats in real-time. This information helps Israeli defense agencies to make informed decisions and enhance situational awareness.
- The Israeli military extensively uses satellite-based navigation systems, such as the global positioning system (GPS), for accurate positioning, navigation, and targeting. These systems are crucial for coordinating troop movements, guiding precision airstrikes, and conducting complex military operations.
- In March 2023, Ofek-13, a new surveillance satellite developed by the Israeli Ministry of Defence (IMoD) and launched on a Shavit rocket, uses the most recent synthetic aperture radar (SAR) technology to gather high-resolution spatial intelligence for the Israel Defence Forces (IDF) and its 9900 Intelligence Unit. The satellite has started transmitting data since its launch near the center of Israel.
- According to SPIRI, as of 2023, the military expenditure share of Israel's GDP was about 5.32 percent. Furthermore, satellite communication capabilities are also utilized during emergency and disaster response situations. Satellites can quickly establish communication links in areas where terrestrial infrastructure has been damaged or destroyed. This enables rescue teams and authorities to coordinate relief efforts, assess the damage, and provide aid to affected areas.
Maritime Segment is Expected to Hold a Significant Market Share
- Israel's satellite communications technology has played a significant role in supporting the growing maritime sector in the country. Satcom technology enables seamless and reliable communication between ships at sea and onshore facilities, leading to enhanced operational efficiency, safety, and connectivity for the maritime industry.
- The maritime industry heavily relies on real-time communication for various purposes, such as vessel tracking, weather updates, navigation assistance, crew welfare, and operational coordination. Satcom services provided by Israeli companies like Spacecom ensure that maritime vessels can stay connected and access critical information even in remote areas or while sailing in international waters.
- Furthermore, satcom technology assists in improving maritime safety by enabling continuous communication between vessels and onshore authorities. This facilitates timely response to emergencies, search and rescue operations coordination, and efficient maritime traffic management.
- Israel's satcom capabilities also contribute to the development of the maritime sector by supporting the growth of technologies like autonomous ships and unmanned maritime vehicles. These advanced systems require robust and reliable communication links to operate effectively, and SATCOM plays a crucial role in enabling their connectivity.
Israel Satellite Communications Industry Overview
The satellite communications market is moderately consolidated, with the presence of major players like SES S.A, ViaSat Inc., Gilat Satellite Networks, Telesat, Iridium Communications Inc., Inmarsat global limited, AMOS Spacecom, Orbit Communication Systems Ltd, Quantum Communication, SpaceIL. Players in the market are adopting strategies such as partnerships, innovations, mergers, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In March 2023, SES announced its partnership with Intelsat; with this partnership, the two major satellite companies would join forces for a combined fleet of more than 120 satellites in geostationary orbit (GEO) and medium-earth orbit (MEO). SES operates over 70 satellites, whereas Intelsat runs over 50.
Israel Satellite Communications Market Leaders
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SES S.A
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ViaSat Inc.
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Gilat Satellite Networks
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Telesat
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Iridium Communications Inc.
*Disclaimer: Major Players sorted in no particular order
Israel Satellite Communications Market News
- March 2023: Gilat Satellite Networks Ltd. announced the successful completion of a proof of concept (PoC) for transforming analog signals to digital signals using digital intermediate frequency interoperability. The standard paves the way for the space industry's digital revolution by enabling interoperability at the IF/RF layer.
- January 2023: TAU is leading Israel's initiative to develop optical and quantum-based satellite communication channels. This satellite will travel into space in order to execute long-distance quantum communication across hundreds of kilometers or more. TAU-SAT3 is intended to prepare the path for the eventual construction at TAU of a quantum nanosatellite that will demonstrate quantum communication.
Israel Satellite Communications Market Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Assessment of the Impact of COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing Demand of Satellite Communication in Security and Defence
5.1.2 Technological Advancement in Various Industries
5.2 Market Restraints
5.2.1 Regulatory and Licensing Requirements
5.2.2 Cybersecurity Threats to Satellite Communication
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 Ground Equipment
6.1.2 Services
6.2 By Platform
6.2.1 Portable
6.2.2 Land
6.2.3 Maritime
6.2.4 Airborn3
6.3 By End-User Vertical
6.3.1 Maritime
6.3.2 Defense and Government
6.3.3 Enterprises
6.3.4 Media and Entertainment
6.3.5 Other End-User Verticals
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 SES S.A
7.1.2 ViaSat Inc.
7.1.3 Gilat Satellite Networks
7.1.4 Telesat
7.1.5 Iridium Communications Inc.
7.1.6 Inmarsat global limited
7.1.7 AMOS Spacecom
7.1.8 Orbit Communication Systems Ltd
7.1.9 Quantum communication
7.1.10 SpaceIL
7.2 *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
Israel Satellite Communications Industry Segmentation
The satellite communication (SATCOM) market is defined based on the revenues generated from the types that are being used in various end-use industries such as maritime, defense & government, enterprises, and media & entertainment, among other end-users.
The Israel satellite communications market is segmented by type (ground equipment, services), platform (portable, land, maritime, airborn3), and end-user vertical (maritime, defense and government, enterprises, media and entertainment, other end-user verticals). The report offers market forecasts and size in value (USD) for all the above segments.
Israel Satellite Communications Market Market Research Faqs
How big is the Israel Satellite Communications Market?
The Israel Satellite Communications Market size is expected to reach USD 462.88 million in 2024 and grow at a CAGR of 5.20% to reach USD 596.41 million by 2029.
What is the current Israel Satellite Communications Market size?
In 2024, the Israel Satellite Communications Market size is expected to reach USD 462.88 million.
Who are the key players in Israel Satellite Communications Market?
SES S.A, ViaSat Inc., Gilat Satellite Networks, Telesat and Iridium Communications Inc. are the major companies operating in the Israel Satellite Communications Market.
What years does this Israel Satellite Communications Market cover, and what was the market size in 2023?
In 2023, the Israel Satellite Communications Market size was estimated at USD 438.81 million. The report covers the Israel Satellite Communications Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Israel Satellite Communications Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Israel Satellite Communications Market Industry Report
Statistics for the 2024 Israel Satellite Communications market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Israel Satellite Communications analysis includes a market forecast outlook to for 2024 to (2024to2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
