Market Overview
Global Laser Communication Terminal Market valued at USD 121,790 million in 2022 is anticipated to reach a value of USD 186,266 million in 2033, growing at a CAGR of 40.6%.
Report Scope
Report Attributes | Description |
Market Forecast in 2022 | USD 121,790 Million |
Market Forecast in 2033 | USD 186,266 Million |
CAGR % 2023-2033 | 40.6% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Product Type, end-user industry, company share, company heatmap, company Component Technology Type capacity, growth factors and more |
Segments Covered | Type, End User |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | Coherent Inc., TRUMPF Group, IPG Photonics Corporation, ROFIN-SINAR Technologies Inc., Newport Corporation, Jenoptik AG, Lumentum Holdings Inc., GSI Group, Inc., Hans Laser Technology Industry Group Co. Ltd., and Epilog Laser, TESAT Spacecom (Airbus), SpaceX, Mynaric AG, Thales Alenia Space, Ball Aerospace & Technologies, Japan Aerospace Exploration Agency, CASIC, Space Micro, China Aerospace Science and Technology Corporation, Xenesis, LGS Innovations, Fibertek, Hensoldt and ATLAS Space Operations. |
Laser Communication Terminal Market: Description
Laser communication technology combines the advantages of radio communication and optical fiber communication, and uses laser as carrier to communicate. Laser communication technology has the advantages of strong anti-interference ability, high security, high communication rate, fast transmission speed, convenient band selection and large information capacity. It is characterized by small size, light weight, low power consumption, simple construction, flexible manoeuvring and has great strategic needs and application value in military and civil fields.
Lasers are becoming increasingly important in our high-tech environment. They have become robust, compact and versatile with technological developments. Lasers are source of light with unique properties which makes their applications area wide. Laser technology is extensively used in defence and security fields. This technology allows research into the laser based weapon systems used by a number of defensive structures and ships. This technology is also a necessity for expansion of energy into ion and plasma based weapon systems.
Laser communication technology can be used as an emergency communication scheme in the fields of earthquake relief, emergency, anti-terrorism, public security investigation and so on. In particular, space laser communication technology can provide military confidential information services for joint attack and defence of multiple weapons, and has outstanding advantages in local war, battlefield networking and information confrontation.
Due to the advantages of high bandwidth, fast and convenient transmission and low cost, space laser communication technology is the best choice to solve the transmission of small and micro base stations of the ""last kilometer"" and the fifth generation mobile communication technology (5g). The integrated information network project of China and earth is an important construction project to implement ""without network security, there is no national security"", including broadband backbone network and access network of space network. However, it is difficult to meet the maximum transmission broadband of 40-100 GB’s due to traditional microwave satellite communication mode The demand of the space laser network is urgently needed to support this major project.
Laser Communication Terminal Market- Segmental Analysis:
Type Insights
The Equipment segment accounted for a significant revenue share in 2022 and is anticipated to grow at a significant CAGR.
End User Insights
Inter-satellite Laser Communication segment is expected to dominate the Laser Communication Terminal market during the forecast period.
Regional Insights
The Global Laser Communication Terminal Market is further segmented into five major countries- North America, Europe, Asia-pacific, Latin America, Middle East and Africa.
North America is the largest market for laser technology, whereas Asia-Pacific is expected to hold the largest share in the coming years as it is expected to become a centre for the trade of consumer electronics products in the near term. The growth in North America market is due to the advancements in medical laser technologies, growing elderly population, increasing prevalence of eye diseases and chronic diseases, and improved health care infrastructure.
Competitive Analysis
Coherent Inc., TRUMPF Group, IPG Photonics Corporation, ROFIN-SINAR Technologies Inc., Newport Corporation, Jenoptik AG, Lumentum Holdings Inc., GSI Group, Inc., Hans Laser Technology Industry Group Co. Ltd., and Epilog Laser, TESAT Spacecom (Airbus), SpaceX, Mynaric AG, Thales Alenia Space, Ball Aerospace & Technologies, Japan Aerospace Exploration Agency, CASIC, Space Micro, China Aerospace Science and Technology Corporation, Xenesis, LGS Innovations, Fibertek, Hensoldt and ATLAS Space Operations.
· In March 2021, Coherent Inc announced that it had been awarded a contract by the U.S. Department of Defense (DoD) to develop and deliver LCTs for military applications. The contract was valued at USD 26.5 million and aimed to provide the DoD with high-performance LCTs that can operate in challenging environments.
· In June 2021, Coherent Inc announced that it had completed the acquisition of OR Laser Technology, a German-based company specializing in laser-based manufacturing solutions. The acquisition was expected to expand Coherent's capabilities in laser technology and enable the company to offer a wider range of laser products to its customers, including those in the LCT market.
Global Laser Communication Terminal Market- Segmental Analysis
Based on Type
• Equipment
• Service
Based on End-user
• Inter-satellite Laser Communication
• Satellite-to-Ground Laser Communication
1.      Global
Laser Communication Terminal Market Introduction and Market Overview
1.1.   Objectives of the Study
1.2.   Global Laser Communication
Terminal Market Scope and Market Estimation
1.2.1. Global Laser Communication
Terminal Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market
forecast (2023 - 2033)
1.2.2. Global Laser Communication
Terminal Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2033
1.3.   Market Segmentation
1.3.1. Type of Global Laser
Communication Terminal Market
1.3.2. End-user of Global Laser
Communication Terminal Market
1.3.3. Region of Global Laser
Communication Terminal Market
2.    Â
Executive
Summary
2.1.   Global Laser Communication Terminal Market Industry Trends under COVID-19
Outbreak
2.1.1. Global COVID-19 Status Overview
2.1.2. Influence of COVID-19 Outbreak
on Global Laser Communication Terminal Market
Industry Development
2.2.   Market Dynamics
2.2.1. Drivers
2.2.2. Limitations
2.2.3. Opportunities
2.2.4. Impact Analysis of Drivers and
Restraints
2.3.   Pricing Trends Analysis &
Average Selling Prices (ASPs)
2.4.   Key Mergers & Acquisitions,
Expansions, JVs, Funding / VCs, etc.
2.5.   Porter’s Five Forces Analysis
2.5.1. Bargaining Power of Suppliers
2.5.2. Bargaining Power of Buyers
2.5.3. Threat of Substitutes
2.5.4. Threat of New Entrants
2.5.5. Competitive Rivalry
2.6.   Value Chain / Ecosystem Analysis
2.7.   Russia-Ukraine War Impacts
Analysis
2.8.   Economic Downturn Analysis
2.9.     Market Investment Opportunity
Analysis (Top Investment Pockets), By Segments & By Region
3.    Â
Global
Laser Communication Terminal Market Estimates & Historical Trend Analysis (2019 -
2022)
4.    Â
Global
Laser Communication Terminal Market Estimates & Forecast Trend Analysis, by Type
4.1.   Global Laser Communication
Terminal Market Revenue (US$ Mn) Estimates and Forecasts, by Type, 2019 to 2033
4.1.1. Equipment
4.1.2. Service
5.    Â
Global
Laser Communication Terminal Market Estimates & Forecast Trend Analysis, by End-user
5.1.   Global Laser Communication
Terminal Market Revenue (US$ Mn) Estimates and Forecasts, by End-user, 2019 to 2033
5.1.1. Inter-satellite Laser
Communication
5.1.2. Satellite-to-Ground Laser
Communication
6.    Â
Global
Laser Communication Terminal Market Estimates & Forecast Trend Analysis, by Region
6.1.   Global Laser Communication
Terminal Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2033
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America
7.    Â
North America Laser Communication Terminal Market: Estimates & Forecast Trend Analysis
7.1.  Â
North
America Laser Communication Terminal Market Assessments & Key Findings
7.1.1. North America Laser
Communication Terminal Market Introduction
7.1.2. North America Laser
Communication Terminal Market Size Estimates and Forecast (US$ Million) (2019 –
2033)
7.1.2.1.  By Temperature
Rating
7.1.2.2.  By Application
7.1.2.3.  By End-user
Industry
7.1.2.4.  By Country
7.1.2.4.1.    The U.S.
7.1.2.4.2.    Canada
7.1.2.4.3.    Mexico
8.    Â
Europe Laser Communication Terminal Market: Estimates & Forecast Trend Analysis
8.1.   Europe Laser Communication
Terminal Market Assessments & Key Findings
8.1.1. Europe Laser Communication
Terminal Market Introduction
8.1.2. Europe Laser Communication
Terminal Market Size Estimates and Forecast (US$ Million) (2019 – 2033)
8.1.2.1.  By Type
8.1.2.2.  By End-user
8.1.2.3.      Â
By
Country
8.1.2.3.1.    Germany
8.1.2.3.2.    U.K.
8.1.2.3.3.    France
8.1.2.3.4.    Italy
8.1.2.3.5.    Spain
8.1.2.3.6.    Russia
8.1.2.3.7.    Rest of Europe
9.    Â
Asia Pacific Laser Communication Terminal Market: Estimates & Forecast Trend Analysis
9.1.   Asia Pacific Market Assessments
& Key Findings
9.1.1. Asia Pacific Laser Communication
Terminal Market Introduction
9.1.2. Asia Pacific Laser Communication
Terminal Market Size Estimates and Forecast (US$ Million) (2019 – 2033)
9.1.2.1.  By Type
9.1.2.2.  By End-user
9.1.2.3.      Â
By
Country
9.1.2.3.1.    China
9.1.2.3.2.    Japan
9.1.2.3.3.    India
9.1.2.3.4.    Australia
9.1.2.3.5.    South Korea
9.1.2.3.6.    ASEAN
9.1.2.3.7.    Rest of Asia Pacific
10. Middle
East & Africa Laser
Communication Terminal Market:
Estimates & Forecast Trend Analysis
10.1. Middle East & Africa Market Assessments
& Key Findings
10.1.1.  Middle
East & Africa Laser
Communication Terminal Market Introduction
10.1.2.  Middle
East & Africa Laser
Communication Terminal Market Size Estimates and Forecast (US$ Million) (2019 –
2033)
10.1.2.1.   By Type
10.1.2.2.   By End-user
10.1.2.3.   By Country
10.1.2.3.1. U.A.E.
10.1.2.3.2. Saudi Arabia
10.1.2.3.3. Egypt
10.1.2.3.4. South Africa
10.1.2.3.5. Rest of Middle East & Africa
11. South
America Laser
Communication Terminal Market:
Estimates & Forecast Trend Analysis
11.1. South America Market Assessments
& Key Findings
11.1.1.  South America Laser
Communication Terminal Market Introduction
11.1.2.  South America Laser
Communication Terminal Market Size Estimates and Forecast (US$ Million) (2019 –
2033)
11.1.2.1.   By Type
11.1.2.2.   By End-user
11.1.2.3.   By Country
11.1.2.3.1. Brazil
11.1.2.3.2. Argentina
11.1.2.3.3. Colombia
11.1.2.3.4. Rest of South America
12. Competition
Landscape
12.1. Global Laser Communication
Terminal Market Competition Matrix & Benchmarking, by Leading Players /
Innovators / Emerging Players / New Entrants
12.2. Global Laser Communication
Terminal Market Competition White Space Analysis, By End-user
12.3. Global Laser Communication
Terminal Market Competition Heat Map Analysis, By End-user
12.4. Global Laser Communication
Terminal Market Concentration & Company Market Shares (%) Analysis, 2022
13. Company
Profiles
13.1.                   Â
Coherent Inc.
13.1.1.  Company Overview & Key Stats
13.1.2.  Financial Performance & KPIs
13.1.3.  Product Portfolio
13.1.4.  Business Strategy & Recent
Developments
* Similar details would be provided
for all the players mentioned belowÂ
13.2.     TRUMPF Group
13.3.     IPG Photonics
Corporation
13.4.     ROFIN-SINAR
Technologies Inc.
13.5.     Newport
Corporation
13.6.     Jenoptik AG
13.7.     Lumentum
Holdings Inc.
13.8.     GSI Group, Inc.
13.9.     Hans Laser
Technology Industry Group Co. Ltd.
13.10. Epilog Laser
13.11. TESAT Spacecom
(Airbus)
13.12. SpaceX
13.13. Mynaric AG
13.14. Thales Alenia
Space
13.15. Ball Aerospace
& Technologies
13.16. Japan
Aerospace Exploration Agency
13.17. CASIC
13.18. Space Micro
13.19. China
Aerospace Science and Technology Corporation
13.20. Xenesis
13.21. LGS
Innovations
13.22. Fibertek
13.23. Hensoldt
13.24. ATLAS Space
Operations
13.25. Others**
14. Research Methodology
14.1. External Transportations /
Databases
14.2. Internal Proprietary Database
14.3. Primary Research
14.4. Secondary Research
14.5. Assumptions
14.6. Limitations
14.7. Report FAQs
15. Research Findings &
Conclusion
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Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
The Global Laser Communication Terminal Market valued at USD 121,790 million in 2022 is anticipated to reach a value of USD 186,266 million in 2033, growing at a CAGR of 40.6%.
High Data transfer Rates: When compared to conventional radio-frequency (RF) communication systems, laser communication terminals offer much higher data transfer rates. This is crucial for applications that need to send enormous amounts of data, such satellite communications and space exploration.
Some of the major players operating within the market are Coherent Inc., TRUMPF Group, IPG Photonics Corporation, ROFIN-SINAR Technologies Inc., Newport Corporation, Jenoptik AG, Lumentum Holdings Inc., GSI Group, Inc., Hans Laser Technology Industry Group Co. Ltd., and Epilog Laser, TESAT Spacecom (Airbus), SpaceX, Mynaric AG, Thales Alenia Space, Ball Aerospace & Technologies, Japan Aerospace Exploration Agency, CASIC, Space Micro, China Aerospace Science and Technology Corporation, Xenesis, LGS Innovations, Fibertek, Hensoldt and ATLAS Space Operations.
The Global Laser Communication Terminal Market is further segmented into five major countries- North America, Europe, Asia-pacific, Latin America, Middle East and Africa. North America is the largest market for laser technology, whereas Asia-Pacific is expected to hold the largest share in the coming years as it is expected to become a centre for the trade of consumer electronics products in the near term.
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