Satellite Antenna Market Size to Reach $22 Billion by 2030, Driven by Technological Advancements and

Krajput10 Mar, 2025News

Satellite antennas are critical components in telecommunications and space industries, facilitating the transmission and reception of data via radio waves. They convert electrical energy into electromagnetic energy during transmission and vice versa during reception. The market's valuation at $8.32 billion in 2023, with an anticipated CAGR of 14.9% leading to a valuation of $22 billion by 2030, underscores the increasing reliance on satellite communication for applications such as weather forecasting, climate monitoring, and disaster management.