Market Trends of Israel Satellite Communications Industry
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.