Market Overview
Global Satellite Laser Communication System Market valued at USD 121,790 million in 2022 is anticipated to reach a value of USD 186,200 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 186,200 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 | Mynaric AG, TESAT Spacecom (Airbus), Thales Alenia Space (Thales and Leonardo), Ball Aerospace & Technologies (Ball Corporation), Hensoldt, General Atomics, Space Micro, ATLAS Space Operations, Inc., Hyperion Technologies, BridgeComm, Inc., ODYSSEUS Space, Fibertek and Optical Physics Company. |
Satellite Laser Communication System Market: Description
Satellite laser communication systems facilitate the adoption of free-space optical communication methods in the outer space. It offers a wide array of benefits including high communication rate, strong anti-interference, large information capacity. These are predominantly used to support the transmission and delivery of data between ground-to-satellite or satellite-to-ground applications. The communication is established by the use of radio waves that are powered with the ability to send and process the information coming from the signals. These systems have the capability to traverse interplanetary distances covering millions of kilometers by using optical telescopes as beam expanders.
They are 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. The rising deployment of satellites for communication applications powered by escalating demand for efficient network coverage across the globe is augmenting the outlook of this marketplace. Also, increasing R&D investments in the field, booming space research sector, and widespread economic developments in the region are creating lucrative opportunities for the industry sphere to prosper.
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.
Satellite Laser Communication System Market- Segmental Analysis:
Type Insights
The Ground Terminal segment accounted for a significant revenue share in 2022 and is anticipated to grow at a significant CAGR.
End User Insights
Military segment is expected to dominate the Satellite Laser Communication System market during the forecast period.
Regional Insights
The Global Laser Communication System 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
Mynaric AG, TESAT Spacecom (Airbus), Thales Alenia Space (Thales and Leonardo), Ball Aerospace & Technologies (Ball Corporation), Hensoldt, General Atomics, Space Micro, ATLAS Space Operations, Inc., Hyperion Technologies, BridgeComm, Inc., ODYSSEUS Space, Fibertek and Optical Physics Company.
Satellite Laser Communication System Market- Segmental Analysis
Based on Type
• Ground Terminal
• Airborne Terminal
• Space Terminal
Based on End-user
• Military
• Civil
1.
Global
Satellite Laser Communication System Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Global Satellite Laser
Communication System Market Scope and Market Estimation
1.2.1. Global Satellite Laser
Communication System Overall Market Size, Revenue (US$ Mn), Market CAGR (%),
Market forecast (2023 - 2033)
1.2.2. Global Satellite Laser
Communication System Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019
- 2033
1.3. Market Segmentation
1.3.1. Type of Global Satellite Laser
Communication System Market
1.3.2. End-user of Global Satellite
Laser Communication System Market
1.3.3. Region of Global Satellite Laser
Communication System Market
2.
Executive Summary
2.1. Global Satellite Laser Communication System 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 Satellite Laser Communication
System 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.
Global Satellite Laser
Communication System Market Estimates &
Historical Trend Analysis (2019 - 2022)
4.
Global Satellite Laser
Communication System Market Estimates &
Forecast Trend Analysis, by Type
4.1. Global Satellite Laser
Communication System Market Revenue (US$ Mn) Estimates and Forecasts, by Type,
2019 to 2033
4.1.1. Ground Terminal
4.1.2. Airborne Terminal
4.1.3. Space Terminal
5.
Global Satellite Laser
Communication System Market Estimates &
Forecast Trend Analysis, by End-user
5.1. Global Satellite Laser
Communication System Market Revenue (US$ Mn) Estimates and Forecasts, by End-user, 2019 to 2033
5.1.1. Military
5.1.2. Civil
6.
Global Satellite Laser
Communication System Market Estimates &
Forecast Trend Analysis, by Region
6.1. Global Satellite Laser
Communication System 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.
North
America Satellite Laser Communication System Market: Estimates & Forecast Trend Analysis
7.1.
North
America Satellite Laser Communication System Market Assessments & Key
Findings
7.1.1. North America Satellite Laser
Communication System Market Introduction
7.1.2. North America Satellite Laser
Communication System Market Size Estimates and Forecast (US$ Million) (2019 – 2033)
7.1.2.1. By Type
7.1.2.2. By End-user
7.1.2.3. By Country
7.1.2.3.1. The U.S.
7.1.2.3.2. Canada
7.1.2.3.3. Mexico
8.
Europe
Satellite Laser Communication System Market: Estimates & Forecast Trend Analysis
8.1. Europe Satellite Laser
Communication System Market Assessments & Key Findings
8.1.1. Europe Satellite Laser
Communication System Market Introduction
8.1.2. Europe Satellite Laser
Communication System 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.
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.
Asia
Pacific Satellite Laser Communication System Market: Estimates & Forecast Trend Analysis
9.1. Asia Pacific Market Assessments
& Key Findings
9.1.1. Asia Pacific Satellite Laser
Communication System Market Introduction
9.1.2. Asia Pacific Satellite Laser
Communication System 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.
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 Satellite
Laser Communication System Market:
Estimates & Forecast Trend Analysis
10.1. Middle East & Africa Market
Assessments & Key Findings
10.1.1. Middle
East & Africa Satellite
Laser Communication System Market Introduction
10.1.2. Middle
East & Africa Satellite
Laser Communication System 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
Satellite Laser Communication System Market: Estimates & Forecast Trend Analysis
11.1. South America Market Assessments
& Key Findings
11.1.1. South America Satellite Laser
Communication System Market Introduction
11.1.2. South America Satellite Laser
Communication System 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 Satellite Laser
Communication System Market Competition Matrix & Benchmarking, by Leading
Players / Innovators / Emerging Players / New Entrants
12.2. Global Satellite Laser
Communication System Market Competition White Space Analysis, By End-user
12.3. Global Satellite Laser
Communication System Market Competition Heat Map Analysis, By End-user
12.4. Global Satellite Laser
Communication System Market Concentration & Company Market Shares (%)
Analysis, 2022
13. Company Profiles
13.1.
Mynaric AG
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 below
13.2. TESAT Spacecom
(Airbus)
13.3. Thales Alenia
Space (Thales and Leonardo)
13.4. Ball Aerospace
& Technologies (Ball Corporation)
13.5. Hensoldt
13.6. General
Atomics
13.7. Space Micro
13.8. ATLAS Space
Operations, Inc.
13.9. Hyperion
Technologies
13.10. BridgeComm,
Inc.
13.11. ODYSSEUS Space
13.12. Fibertek
13.13. Optical
Physics Company
13.14. 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
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The Global Satellite Laser Communication System Market valued at USD 121,790 million in 2022 is anticipated to reach a value of USD 186,200 million in 2033, growing at a CAGR of 40.6%.
Low Earth Orbit (LEO) Satellite Constellations: The expanding trend of installing satellite constellations necessitates high-speed inter-satellite communication. Faster data transfer and better coverage are made possible by laser links, which allow for seamless interconnection between satellites in a constellation.
Some of the major players operating within the market are Mynaric AG, TESAT Spacecom (Airbus), Thales Alenia Space (Thales and Leonardo), Ball Aerospace & Technologies (Ball Corporation), Hensoldt, General Atomics, Space Micro, ATLAS Space Operations, Inc., Hyperion Technologies, BridgeComm, Inc., ODYSSEUS Space, Fibertek and Optical Physics Company.
The Global Laser Communication System 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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