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Global Satellite Laser Communication System Market Analysis by Type, End User, Region and segments forecast till 2033
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. |
Global 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 GBs due to traditional microwave satellite communication mode The demand of the space laser network is urgently needed to support this major project.
Global 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.
Global Satellite Laser Communication System Market- Segmental Analysis
Based on Type
Ground Terminal
Airborne Terminal
Space Terminal
Based on End-user
Military
Civil
Why to buy this Report?
The report provides quantitative and qualitative aspect for Global Satellite Laser Communication System Market in terms of value and volume, along with supporting market trends, challenges, restraints.
The report provides an in depth analysis from both Technology and consumption point of view at the regional and country level. Key Factors considered within the report scope are Technology Type capacity by countries/regions, average End user, consumption ratio, revenue earned and gross margin.
The report provides competitive analysis of around 30-50 companies operated in Global Satellite Laser Communication System Market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:
Business Model
Technology, Capacity, Revenue, Sales, Gross Margin
Key Business Strategy
SWOT Analysis
In terms of competitive landscape, the report provides distinctive factors that would help the Card Technology Vehicle Type in taking a key decision within the business:
Company Share Analysis from 2020-2022
Company Analysis by Revenue and Sales
Company Technology Type Capacity, Gross Margin
Company Share Analysis by Technology Type/ Technology Vehicle Type
Company Share Analysis by Technology Type/Specification
