The 2017 maritime VSAT market report considers the revenue generated from satellite communication providers and operators for offering connectivity services across frequency bands such as Ka and Ku bands, L-band, C-band, and high-throughput satellite (HTS), to oil and gas companies, government organisations and vessel operators.
The global maritime VSAT market is highly competitive and diversified due to the presence of a large number of prominent and established vendors across the globe. These vendors increasingly focus on cost-effective and high quality products and solutions and optimise the product development processes to survive and succeed in such an intensely competitive environment. Furthermore, these vendors increasingly compete against each other based on factors such as the cost of satellites, technological advancements, lightweight platforms, reliability and market share.
According to the Global Maritime VSAT Market 2017 - 2021 report, one of the major drivers for this market is growing adoption of satellite communication to monitor oil and gas rigs. The transportation of oil and gas through pipelines requires 24 hr/d surveillance and monitoring due to the high risk and financial loss associated with its leakage. Therefore, supervisory control and data acquisition (SCADA) systems are used for remote surveillance, monitoring and maintenance of these pipelines.
Read the article online at: https://www.worldpipelines.com/business-news/08022017/2017-maritime-vsat-market-report/