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.
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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-
- By Satellite Type
- By Cable Type
- By Conductor Material
- By Component
- By Insulation Type
- By Conductor Type
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Amphenol, Huber+Suhner, Nexans S.A, T.E Connectivity, and W.L Gore & Associates, Inc.
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- AXON’ CABLE SAS
- ARROW ELECTRONICS
- BEL FUSE INC.
- CARLISLE INTERCONNECT TECHNOLOGIES
- CICOIL CORP.
- EATON CORP. PLC
- LEONI AG
- MEGGITT PLC
- PRYSMIAN S.P.A
- SMITHS GROUP PLC
Company Profiles
- AXON’ CABLE SAS
- ARROW ELECTRONICS
- BEL FUSE INC.
- CARLISLE INTERCONNECT TECHNOLOGIES
- CICOIL CORP.
- EATON CORP. PLC
- LEONI AG
- MEGGITT PLC
- PRYSMIAN S.P.A
- SMITHS GROUP PLC
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