High-Throughput Satellite Market Size (2023-2030)

The High Throughput Satellite (HTS) market was estimated to be worth USD 355.61 million in 2023 and is anticipated to reach a value of USD 1153.1 million by 2030 is anticipated to expand at a CAGR of 18.3% over the forecast period.

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A high-throughput satellite (HTS) is a communications satellite that offers a much lower cost-per-bit than a traditional FSS satellite while delivering throughput that is at least twice as high (though typically by a factor of 20 or more). More than 100 Gbit/s of capacity are given by ViaSat-1 and EchoStar XVII (also known as Jupiter-1), which is more than 100 times the capacity of a typical FSS satellite. A high level of frequency re-use and spot beam technology, both of which are defining technical characteristics of high-throughput satellites, enable frequency re-use all over numerous highly defined spot beams (typically in the order of hundreds of kilometres), as in cellular networks. This significantly increases capacity. Traditional satellite technology, on the other hand, makes use of a large single beam (often on the order of thousands of kilometres) to cover vast areas or even whole continents. HTS is distinguished by the fact that they frequently, but not exclusively, target the consumer market in addition to having a great amount of bandwidth capacity. Although most high-throughput satellites during the last ten years have operated in the Ka-band, this is not a defining requirement, and by the start of 2017, there were at least ten projects for Ku band HTS satellites, of which three had previously been launched and seven were under development.

At first, HTS mechanisms used satellites in the same geosynchronous orbit (at an altitude of 35,786 km) as satellite TV craft (with satellites like KA-SAT, Yahsat 1A, and Astra 2E sharing TV and HTS functionality). However, the transference lag for a round-trip internet protocol transmitting via a geosynchronous satellite can surpass 550 ms, which is disadvantageous to many digital interoperability apps, such as automated stock trades, intense videogames, and Videoconferencing and the focus of HTS is progressively turning to the lower Medium Earth Orbit (MEO) and Low Earth Orbit (LEO), with altitudes as low as 600 km and delays as little as 40ms. Additionally, the lower route losses of MEO and LEO orbits result in lower ground station and satellite power needs and prices, enabling constellations of many smaller, less expensive high-throughput satellites to achieve greatly enhanced throughput and worldwide coverage, as a result, is driving the market growth.

Compared to curved beam technology, the overall cost per circuit is significantly lower with spot beam technology, despite the greater expenditures involved. While Ku band FSS bandwidth in space can cost upwards of $100 million per gigabit per second, HTS such as ViaSat-1 can deliver a gigabit of throughput for less than $3 million. The lowest cost per bit is not usually the primary driver driving the design of an HTS system, depending on the business it will be servicing, even though a lower cost per bit is frequently highlighted as a significant benefit of high-throughput satellites.HTS is typically used to give point-to-point broadband Internet access services to underserved or unserved areas where they may deliver services that are equivalent to terrestrial services in terms of cost and capacity. While many of the existing HTS platforms were built with the consumer broadband market in mind, several are also providing services to the government, enterprise, and terrestrial cellular network operators who are dealing with an increase in demand for broadband backhaul to remote cell sites. The lower cost per bit of many HTS systems makes using satellite for cellular voice and data backhaul a far more appealing business model for wireless carriers. Some HTS systems are primarily made for the business, telecom, or maritime industries. HTS is also capable of supporting point-to-multipoint applications as well as broadcast services like DTH distribution to very limited geographic areas that are covered by a single spot beam.

Global High-Throughput Satellite Market Drivers:

Rapid IoT adoption in the manufacturing sector will drive market expansion

Through satellites, the Internet of Things (IoT) enables connection in industrial applications for production and machine management. Real-time data sharing between IoT-based sensors and processing units enhances production and machine control operations. Satellite connection is used by IoT devices during production to transmit data between IoT systems and components. Thus, the manufacturing industry and process automation benefit from high throughput satellite communication, which will promote the market's expansion.

The launch of the 5G network will boost market expansion

The introduction of 5G services improved user experience since they provide new apps and services at faster speeds. It raises a communication network's performance and dependability. In comparison to 4G, 5G decreases latency and greatly boosts data speeds. Terrestrial wireless networks in urban and suburban regions have received high data rates from high-altitude platform systems (HAPS) and high-throughput satellite communication (HTS). Additionally, 5G would advance the Internet of Things (IoT) and smart cities by putting electricity sensors in both urban and rural locations. The expansion of the high throughput satellite market is being driven by its multiple applications in the power industry, healthcare, energy, smart grids, and other industries.

Global High-Throughput Satellite Market Challenges:

Budget constraints are likely to hamper the market growth

Budget restrictions and constraints on IT expenditure for cutting-edge technology are a few of the factors that are impeding industry expansion. To determine their needs, organizations must first consider their usage. Companies in underdeveloped nations still lag behind industrialized ones due to a lack of technology. Nevertheless, there is room for development in the high throughput satellite market as businesses become more complicated and require high-speed data to run their operations more effectively.

Government regulations are too strict, which will limit the development of space launch programs

Government organizations on a global and national scale have imposed several limitations on the space sector. To detect and track space objects, each state is required under the International Space Law to register its space objects with the global registry. Internationally speaking, there are five UN treaties about space. There are five of them: the Moon Agreement, Liability Convention, Registration Convention, and Outer Space Treaty. The state must also give its approval and oversight for the actions carried out by non-governmental organizations.

Global High-Throughput Satellite Market Opportunities:

The Global High-Throughput Satellite Market is anticipated to deliver lucrative opportunities for businesses, which include investments, partnerships, collaborations, and agreements during the forecasted period. Furthermore, the rapid adoption of IoT devices for data management and the increased use of 5G networks by consumers can develop the market for High-Throughput satellites and enhance its future growth opportunities.

COVID-19 Impact on Global High-Throughput Satellite Market:

The introduction of Covid-19 has resulted in a significant expansion in the High Throughput Satellite market size. This is a result of quarantines, airline bans, and travel restrictions, all of which led to a temporary shutdown of all offline operations and offices. Due to these factors, the need for adopting digital techniques expanded significantly. These supply chain problems hurt the High Throughput Satellite industry. However, due to the suspension of several construction operations, usage of the area for construction decreased.

Global High-Throughput Satellite Market Recent Developments:

• In September 2022, Hughes Communications India launched India’s first High-Throughput Satellite broadband service in collaboration with ISRO. The service aimed to deliver high-speed connectivity to people across the country and make broadband accessible to remote areas as well.
• In January 2020, a geostationary communications satellite run by Eutelsat is called Konnect. On the Spacebus NEO 100 platform, the satellite was created and produced by Thales Alenia Space, and it was launched on an Ariane 5 ECA on January 16, 2020. Europe and Sub-Saharan Africa can get communications and broadband internet thanks to the satellite.

HIGH-THROUGHPUT SATELLITE MARKET REPORT COVERAGE:

Segmentation Analysis

Global High-Throughput Satellite Market Segmentation: By Type

• Payload

• Structure

• Power System

• Attitude Control System

• Propulsion System

Out of these, the Payload is anticipated to increase market share and is anticipated to keep holding the top spot during the projection period. This is a result of the payload's technical breakthroughs, which have decreased the cost per unit. Moreover, they witness increasing demand from communication segments such as television broadcasting, internet connectivity, telephone services, and others. This has further raised the demand for HTS in the market owing to growing consumer demand for Wi-Fi and 5G connectivity even in remotest places. Additionally, it is used for remote sensing, and navigation purposes that help to identify weather conditions, provide location information to people through GPS technology, and others. The power systems segment has witnessed a significant market share owing to increasing needs from the power generation, storage, and distribution industry. These include PV cells, panels, thermonuclear power generators, and others. Further, these types of HTS provide power to satellites through radioscopic generators and PV cells. Further, the use of batteries ensures power backup to these satellites making them popular in the energy generation sector.

Global High-Throughput Satellite Market Segmentation: By Application

• Broadband

• Mobility

• Enterprise

• Government

• Cellular Backhaul

• Broadcast

A significant CAGR is anticipated for the broadband market. The main reason for this is the rise in demand for internet access. Broadband technology is used in the military and aerospace industries since there is a great demand to transport massive loads of data with security and dependability. These keep the signal going strong without using repeaters. Further, the government segment holds a sizeable market share. HTS can provide high data throughputs to the government through waveforms, modems, and antennas and thus enabling the government to provide connectivity to remote regions and increasing people’s accessibility to the internet. The broadcast segment is the fastest-growing segment during the forecast period. HTS enables television and radio broadcasting and enables DTH support in small remote areas. Further, this enables broadcasters to deliver HD content to consumers and boost their revenue.

Global High-Throughput Satellite Market Segmentation: By Region

• North America

• Europe

• Asia Pacific

• Middle East and Africa

• South America

By region, the High Throughput Satellite market is grouped into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. With approximately 32.0% of worldwide sales, North America led the market in 2022. This is due to the military's and defence industry's surging need for constant contact and the widespread deployment of satellite communication technology. Additionally, other satellite communication service providers, like Telesat, Viasat, Inc., and EchoStar Corporation, support market expansion. Asia Pacific is predicted to experience a considerable CAGR throughout the projection period. Countries like China and Japan are significantly responsible for the contribution and growth of this region.

Global High-Throughput Satellite Market Key Players:

1. Airbus Group Se

2. Eutelsat S.A.

3. Hughes Network Systems, Llc

4. Inmarsat

5. Intelsat

6. Orbital Atk Inc.

7. Ses S.A.

8. Space Systems Loral

9. Thales Group

10. The Boeing Company