Global Maritime VSAT Market Size and Forecast to 2025

At Verified Market Intelligence, we provide a market study that encompasses both qualitative and quantitative assessments of latest trends for the market segmentations classified by our analysts. According to Verified Market Intelligence, the Global Maritime VSAT Market was valued at USD 1.92 billion in 2017 and is projected to reach USD 5.19 billion by 2025, growing at a CAGR of 13.3% from 2018 to 2025.
Maritime VSAT is a Very-Small-Aperture Terminal placed on ships both offshore and onshore. It helps in tracking the position of the ship. It is placed in such a way that the position of the antenna is always towards north. The antenna uses satellite communication to receive and transmit the signals and helps in keeping a track of ships in both military and civil maritime.

Rising demands for data communication in the maritime industry and wide range of maritime satellite communication are the main characteristics of the global maritime VSAT market and acts as potential drivers for it. Apart from this, volatile environmental conditions might hamper the growth of overall market.

The "Global Maritime VSAT Market" study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Speedcast International Limited, Echostar Corporation, Inmarsat Plc, KVH Industries, Inc., Rignet, Viasat, Inc, VT Idirect, Inc., EMC, Comtech Telecommunications Corporation, Telespazio, Marlink AS, Eutelsat, Omniaccess, RH Marine Group. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
As a part of market estimation, the study also comprises a list of tables and figures for the "Global Martime VSAT Market" which focuses on a constructive knowledge essential for the companies or individuals interested in the market study report. As a part of market segmentation, our study exhibits a market analysis on the basis of type, industry application and geography.
On the basis of type, the Global Martime VSAT Market can be categorized into two primary sections; source, technology and application. This market study analyses the industry for Maritime VSAT Market based on these divisions. The Martime VSAT market is divided into Hight throughput Satellites, L-Band, KU-Band, C-Band. The industry is then sectioned by application which includes military and civil. In terms of geography, Asia Pacific accounts for the fastest growing market due to the presence of numerous developing countries in this region along with their emerging markets. The Chinese market has a major share in this region.
TABLE OF CONTENTS

1 INTRODUCTION 11
1.1 PRODUCT AND MARKET DEFINITION 11
1.2 MARKET SCOPE 12
1.3 ASSUMPTIONS 13
2 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE 14
2.1 DATA MINING 14
2.2 SECONDARY RESEARCH 14
2.3 PRIMARY RESEARCH 14
2.4 SUBJECT MATTER EXPERT ADVICE 14
2.5 QUALITY CHECK 15
2.6 FINAL REVIEW 15
2.7 DATA TRIANGULATION 15
2.8 BOTTOM-UP APPROACH 16
2.9 TOP DOWN APPROACH 16
2.10 RESEARCH FLOW 17
2.11 DATA SOURCES 17
2.12 PRIMARY INTERVIEW TRANSCRIPTS 18
3 EXECUTIVE SUMMARY 19
3.1 MARKET OVERVIEW 19
3.2 GLOBAL MARITIME VSAT MARKET GEOGRAPHICAL ANALYSIS 20
3.3 GLOBAL MARITIME VSAT MARKET, BY TECHNOLOGY 21
3.4 GLOBAL MARITIME VSAT MARKET, BY APPLICATION 22
4 MARKET OUTLOOK 23
4.1 GLOBAL MARITIME VSAT MARKET OUTLOOK 23
4.2 MARKET DRIVERS 24
4.2.1 ESCALATING NEED FOR ENRICHED DATA COMMUNICATION 24
4.2.2 EXPANSIVE APPLICATIONS OF MARITIME SATELLITE COMMUNICATION 25
4.3 MARKET RESTRAINTS 26
4.3.1 SUSCEPTIBILITY TO BAD WEATHER 26
4.4 MARKET OPPORTUNITIES 27
4.4.1 GROWING ADOPTION OF IP BASED APPLICATIONS 27
4.4.2 THE NEED TO REDUCE OPERATIONAL COST 28
4.5 PORTER'S FIVE FORCES ANALYSIS 29
4.6 MARINE VSAT ADOPTION ANALYSIS 30
4.6.1 MARINE VSAT BROADBAND ADVANTAGES 30
4.6.1.1 Increases Business Productivity 30
4.6.1.2 Reduces the Cost of Vessel Management 30
4.6.1.3 Improves Crew Welfare and Retention 31
4.6.1.4 Decreases Fuel Costs and Lessens Delays 31
4.6.2 REPLACEMENT OF L-BAND MSS BY VSAT 32
4.6.2.1 VSAT is Faster 32
4.6.2.2 VSAT enables a more Cost-Effective Use of Satellite Capacity 32
4.6.3 MARITIME NETWORK OPTIONS 33
4.6.4 MARINE VSAT PRICE ANALYSIS 34
4.6.4.1 Hardware Costs 34
4.6.4.2 Bandwidth Costs 34
5 PREMIUM INSIGHTS 35
5.1 OPPORTUNITIES IN THE MARITIME VSAT MARKET 35
5.2 GLOBAL MARKET SPLIT 36
5.3 COUNTRY CAGRS, 2018 - 2025 37
6 GLOBAL MARITIME VSAT MARKET, BY TECHNOLOGY 38
6.1 OVERVIEW 39
6.2 HIGH THROUGHPUT SATELLITES (HTS) 41
6.3 L-BAND 41
6.4 KU-BAND 41
6.5 C-BAND 42
7 GLOBAL MARITIME VSAT MARKET, BY APPLICATION 43
7.1 OVERVIEW 44
7.2 MILITARY 45
7.3 CIVIL 45
8 GLOBAL MARITIME VSAT MARKET, BY GEOGRAPHY 47
8.1 OVERVIEW 48
8.2 NORTH AMERICA 50
8.2.1 U.S. 53
8.2.2 CANADA 54
8.2.3 MEXICO 55
8.3 EUROPE 56
8.3.1 GERMANY 60
8.3.2 UK 61
8.3.3 FRANCE 62
8.4 ASIA PACIFIC 63
8.4.1 CHINA 66
8.4.2 JAPAN 67
8.4.3 INDIA 68
8.5 LATIN AMERICA 69
8.5.1 BRAZIL 72
8.6 REST OF THE WORLD 73
9 COMPETITIVE LANDSCAPE 75
9.1 OVERVIEW 75
9.2 GLOBAL MARITIME VSAT MARKET COMPANY SHARE, 2017 75
9.3 VENDOR LANDSCAPE 76
9.4 KEY DEVELOPMENT STRATEGIES 77
10 COMPANY PROFILES 78
10.1 SPEEDCAST INTERNATIONAL LIMITED 78
10.1.1 COMPANY OVERVIEW 78
10.1.2 SPEEDCAST INTERNATIONAL LIMITED: KEY FACTS 78
10.1.3 FINANCIAL PERFORMANCE 79
10.1.4 PRODUCT BENCHMARKING 80
10.2 ECHOSTAR CORPORATION 81
10.2.1 COMPANY OVERVIEW 81
10.2.2 ECHOSTAR CORPORATION: KEY FACTS 81
10.2.3 FINANCIAL PERFORMANCE 82
10.2.4 PRODUCT BENCHMARKING 83
10.2.5 SWOT ANALYSIS 83
10.3 INMARSAT PLC 84
10.3.1 COMPANY OVERVIEW 84
10.3.2 INMARSAT PLC: KEY FACTS 84
10.3.3 FINANCIAL PERFORMANCE 84
10.3.4 PRODUCT BENCHMARKING 86
10.3.5 SWOT ANALYSIS 87
10.4 KVH INDUSTRIES, INC. 88
10.4.1 COMPANY OVERVIEW 88
10.4.2 KVH INDUSTRIES, INC.: KEY FACTS 88
10.4.3 FINANCIAL PERFORMANCE 89
10.4.4 PRODUCT BENCHMARKING 90
10.5 RIGNET 91
10.5.1 COMPANY OVERVIEW 91
10.5.2 RIGNET: KEY FACTS 91
10.5.3 FINANCIAL PERFORMANCE 92
10.5.4 PRODUCT BENCHMARKING 93
10.6 VIASAT, INC. 94
10.6.1 COMPANY OVERVIEW 94
10.6.2 VIASAT, INC.: KEY FACTS 94
10.6.3 FINANCIAL PERFORMANCE 95
10.6.4 PRODUCT BENCHMARKING 96
10.6.5 SWOT ANALYSIS 97
10.7 VT IDIRECT, INC. 98
10.7.1 COMPANY OVERVIEW 98
10.7.2 PRODUCT BENCHMARKING 99
10.8 EMC 100
10.8.1 COMPANY OVERVIEW 100
10.8.2 EMC: KEY FACTS 100
10.8.3 PRODUCT BENCHMARKING 100
10.9 COMTECH TELECOMMUNICATIONS CORPORATION 101
10.9.1 COMPANY OVERVIEW 101
10.9.2 COMTECH TELECOMMUNICATIONS CORPORATION: KEY FACTS 101
10.9.3 FINANCIAL PERFORMANCE 101
10.9.4 PRODUCT BENCHMARKING 102
10.10 TELESPAZIO 104
10.10.1 TELESPAZIO: KEY FACTS 104
10.10.2 PRODUCT BENCHMARKING 105
10.11 MARLINK AS 106
10.11.1 COMPANY OVERVIEW 106
10.11.2 MARLINK AS: KEY FACTS 106
10.11.3 PRODUCT BENCHMARKING 106
10.12 EUTELSAT 108
10.12.1 COMPANY OVERVIEW 108
10.12.2 EUTELSAT: KEY FACTS 109
10.12.3 FINANCIAL PERFORMANCE 109
10.12.4 PRODUCT BENCHMARKING 111
10.13 OMNIACCESS 112
10.13.1 COMPANY OVERVIEW 112
10.13.2 OMNIACCESS: KEY FACTS 112
10.13.3 PRODUCT BENCHMARKING 112
10.14 RH MARINE GROUP 113
10.14.1 COMPANY OVERVIEW 113
10.14.2 RH MARINE GROUP: KEY FACTS 114
10.14.3 PRODUCT BENCHMARKING 114

LIST OF TABLES

TABLE 1 MARITIME NETWORK OPTIONS 33
TABLE 2 TYPICAL HARDWARE AND INSTALLATION COSTS 34
TABLE 3 BANDWIDTH COST PER MB 34
TABLE 4 GLOBAL MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 40
TABLE 5 GLOBAL MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 45
TABLE 6 GLOBAL MARITIME VSAT MARKET, BY GEOGRAPHY, 2012 - 2025 (USD MILLION) 49
TABLE 7 NORTH AMERICA MARITIME VSAT MARKET, BY COUNTRY, 2012 - 2025 (USD MILLION) 51
TABLE 8 NORTH AMERICA MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 52
TABLE 9 NORTH AMERICA MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 52
TABLE 10 U.S. MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 53
TABLE 11 U.S. MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 53
TABLE 12 CANADA MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 54
TABLE 13 CANADA MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 54
TABLE 14 MEXICO MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 55
TABLE 15 MEXICO MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 55
TABLE 16 EUROPE MARITIME VSAT MARKET, BY COUNTRY, 2012 - 2025 (USD MILLION) 58
TABLE 17 EUROPE MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 59
TABLE 18 EUROPE MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 59
TABLE 19 GERMANY MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 60
TABLE 20 GERMANY MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 60
TABLE 21 UK MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 61
TABLE 22 UK MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 61
TABLE 23 FRANCE MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 62
TABLE 24 FRANCE MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 62
TABLE 25 ASIA PACIFIC MARITIME VSAT MARKET, BY COUNTRY, 2012 - 2025 (USD MILLION) 64
TABLE 26 ASIA PACIFIC MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 65
TABLE 27 ASIA PACIFIC MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 65
TABLE 28 CHINA MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 66
TABLE 29 CHINA MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 66
TABLE 30 JAPAN MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 67
TABLE 31 JAPAN MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 67
TABLE 32 INDIA MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 68
TABLE 33 INDIA MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 68
TABLE 34 LATIN AMERICA MARITIME VSAT MARKET, BY COUNTRY, 2012 - 2025 (USD MILLION) 70
TABLE 35 LATIN AMERICA MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 71
TABLE 36 LATIN AMERICA MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 71
TABLE 37 BRAZIL MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 72
TABLE 38 BRAZIL MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 72
TABLE 39 REST OF THE WORLD MARITIME VSAT MARKET, BY TECHNOLOGY, 2012 - 2025 (USD MILLION) 73
TABLE 40 REST OF THE WORLD MARITIME VSAT MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 74
TABLE 41 OTHER MARITIME VSAT PROVIDERS 76
TABLE 42 SPEEDCAST INTERNATIONAL LIMITED: KEY FACTS 78
TABLE 43 SPEEDCAST INTERNATIONAL LIMITED: FINANCIAL PERFORMANCE 79
TABLE 44 SPEEDCAST INTERNATIONAL LIMITED: PRODUCT BENCHMARKING 80
TABLE 45 ECHOSTAR CORPORATION: KEY FACTS 81
TABLE 46 ECHOSTAR CORPORATION: FINANCIAL PERFORMANCE 82
TABLE 47 ECHOSTAR CORPORATION: PRODUCT BENCHMARKING 83
TABLE 48 INMARSAT PLC: KEY FACTS 84
TABLE 49 INMARSAT PLC: FINANCIAL PERFORMANCE 84
TABLE 50 INMARSAT PLC: PRODUCT BENCHMARKING 86
TABLE 51 KVH INDUSTRIES, INC.: KEY FACTS 88
TABLE 52 KVH INDUSTRIES, INC.: FINANCIAL PERFORMANCE 89
TABLE 53 KVH INDUSTRIES, INC.: PRODUCT BENCHMARKING 90
TABLE 54 RIGNET: KEY FACTS 91
TABLE 55 RIGNET: FINANCIAL PERFORMANCE 92
TABLE 56 RIGNET: PRODUCT BENCHMARKING 93
TABLE 57 VIASAT INC.: KEY FACTS 94
TABLE 58 VIASAT INC.: FINANCIAL PERFORMANCE 95
TABLE 59 VIASAT INC.: PRODUCT BENCHMARKING 96
TABLE 60 VT IDIRECT, INC.: KEY FACTS 98
TABLE 61 VT IDIRECT, INC.: PRODUCT BENCHMARKING 99
TABLE 62 EMC: KEY FACTS 100
TABLE 63 EMC: PRODUCT BENCHMARKING 100
TABLE 64 COMTECH TELECOMMUNICATIONS CORPORATION: KEY FACTS 101
TABLE 65 COMTECH TELECOMMUNICATIONS CORPORATION: FINANCIAL PERFORMANCE 101
TABLE 66 COMTECH TELECOMMUNICATIONS CORPORATION: PRODUCT BENCHMARKING 102
TABLE 67 TELESPAZIO: KEY FACTS 104
TABLE 68 TELESPAZIO: PRODUCT BENCHMARKING 105
TABLE 69 MARLINK AS: KEY FACTS 106
TABLE 70 MARILINK AS: PRODUCT BENCHMARKING 106
TABLE 71 EUTELSAT: KEY FACTS 109
TABLE 72 EUTELSAT: FINANCIAL PERFORMANCE 109
TABLE 73 EUTELSAT: PRODUCT BENCHMARKING 111
TABLE 74 OMNIACCESS: KEY FACTS 112
TABLE 75 OMNIACCESS: PRODUCT BENCHMARKING 112
TABLE 76 RH MARINE GROUP: KEY FACTS 114
TABLE 77 RH MARINE GROUP: PRODUCT BENCHMARKING 114

LIST OF FIGURES

FIGURE 1 GLOBAL MARITIME VSAT MARKET SEGMENTATION 12
FIGURE 2 DATA TRIANGULATION 15
FIGURE 3 MARKET RESEARCH FLOW 17
FIGURE 4 DATA SOURCES 17
FIGURE 5 PRIMARY INTERVIEW TRANSCRIPTS 18
FIGURE 6 GLOBAL MARITIME VSAT MARKET OVERVIEW 19
FIGURE 7 GLOBAL MARITIME VSAT MARKET GEOGRAPHICAL ANALYSIS, 2017 20
FIGURE 8 GLOBAL MARITIME VSAT MARKET, BY TECHNOLOGY (2017 VS 2025) 21
FIGURE 9 GLOBAL MARITIME VSAT MARKET, BY APPLICATION (2017 VS 2025) 22
FIGURE 10 GLOBAL MARITIME VSAT MARKET OUTLOOK 23
FIGURE 11 APPLICABILITY OF VSAT IN MARITIME 25
FIGURE 12 ADOPTION OF IP BASED APPLICATIONS IN VARIOUS SECTORS, (%) 2016 27
FIGURE 13 PORTER'S FIVE FORCE ANALYSIS 29
FIGURE 14 MARINE VSAT BROADBAND ADVANTAGES 30
FIGURE 15 OPPORTUNITIES IN THE MARITIME VSAT MARKET 35
FIGURE 16 EUROPE DOMINATED THE MARKET IN 2017 36
FIGURE 17 CAGR BY COUNTRY, 2018 - 2025 37
FIGURE 18 GLOBAL MARITIME VSAT MARKET, BY TECHNOLOGY 39
FIGURE 19 GLOBAL MARITIME VSAT MARKET, BY APPLICATION 44
FIGURE 20 GLOBAL MARITIME VSAT MARKET, BY GEOGRAPHY, 2012 - 2025 (USD MILLION) 49
FIGURE 21 NORTH AMERICA MARKET SNAPSHOT 50
FIGURE 22 NORTH AMERICA MARITIME VSAT MARKET SHARE, BY COUNTRY, 2017 51
FIGURE 23 EUROPE MARKET SNAPSHOT 56
FIGURE 24 EUROPE MARITIME VSAT MARKET, BY COUNTRY, 2017 58
FIGURE 25 ASIA PACIFIC MARKET SNAPSHOT 63
FIGURE 26 ASIA PACIFIC MARITIME VSAT MARKET, BY COUNTRY, 2017 64
FIGURE 27 LATIN AMERICA MARKET SNAPSHOT 69
FIGURE 28 LATIN AMERICA MARITIME VSAT MARKET, BY COUNTRY, 2017 70
FIGURE 29 GLOBAL MARITIME VSAT MARKET COMPANY SHARE, 2017 75
FIGURE 30 KEY DEVELOPMENT STRATEGIES BY PLAYERS, 2012 - 2017 (%) 77
FIGURE 31 SPEEDCAST INTERNATIONAL LIMITED, REVENUE 2015 - 2017 (USD THOUSANDS) 79
FIGURE 32 ECHOSTAR CORPORATION, REVENUE 2015 - 2017 (USD MILLION) 82
FIGURE 33 ECHOSTAR CORPORATION: SWOT ANALYSIS 83
FIGURE 34 INMARSAT PLC PERFORMANCE, REVENUE 2015 - 2017 (USD MILLION) 85
FIGURE 35 INMARSAT PLC FINANCIAL PERFORMANCE, BY SEGMENT, 2017 (REVENUE, USD MILLION) 85
FIGURE 36 INMARSAT PLC: SWOT ANALYSIS 87
FIGURE 37 KVH INDUSTRIES, INC.PERFORMANCE, REVENUE 2015 - 2017 (USD THOUSANDS) 89
FIGURE 38 RIGNET PERFORMANCE, REVENUE 2015 - 2017 (USD THOUSANDS) 92
FIGURE 39 VIASAT INC.PERFORMANCE, REVENUE 2015 - 2017 (USD MILLION) 95
FIGURE 40 VIASAT INC. FINANCIAL PERFORMANCE BY SEGMENT, 2017 (REVENUE, USD MILLION) 96
FIGURE 41 VIASAT INC: SWOT ANALYSIS 97
FIGURE 42 COMTECH TELECOMMUNICATIONS PERFORMANCE, REVENUE 2015 - 2017 (USD MILLION) 102
FIGURE 43 EUTELSAT PERFORMANCE, REVENUE 2015 - 2017 (USD MILLION) 110
FIGURE 44 EUTELSAT FINANCIAL PERFORMANCE, BY SEGMENT, 2017(%) 110


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