The airborne SATCOM market in Middle East & Africa is expected to grow from US$ 421.78 million in 2022 to US$ 568.55 million by 2028; it is estimated to grow at a CAGR of 5.1% from 2022 to 2028.
With the increase in air traffic and aircraft demand, air carriers are increasing their aircraft delivery. The demand for new airlines is not just from existing aircraft reestablishing their fleet but also from new low-cost aircraft entering the market. A repressed interest of leisure travelers being more cost-sensitive post-pandemic, decreased interest for business travel, alongside the adaptability of the minimal expense aircraft plan of action, is surging demand of SATCOM.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa airborne SATCOM market. The Middle East & Africa airborne SATCOM market is expected to grow at a good CAGR during the forecast period.
With the increase in air traffic and aircraft demand, air carriers are increasing their aircraft delivery. The demand for new airlines is not just from existing aircraft reestablishing their fleet but also from new low-cost aircraft entering the market. A repressed interest of leisure travelers being more cost-sensitive post-pandemic, decreased interest for business travel, alongside the adaptability of the minimal expense aircraft plan of action, is surging demand of SATCOM.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa airborne SATCOM market. The Middle East & Africa airborne SATCOM market is expected to grow at a good CAGR during the forecast period.
Middle East & Africa Airborne SATCOM Market Segmentation
Middle East & Africa airborne SATCOM market is segmented into platform, component, application, and country.- Based on platform, the Middle East & Africa airborne SATCOM market is segmented into commercial aircraft, military aircraft, helicopters, and UAVs. The commercial aircraft segment held the largest market share in 2022. Based on component, the Middle East & Africa airborne SATCOM market is segmented as SATCOM terminals, transceivers, airborne radio, modems and routers, SATCOM radomes, and others. The transceivers held the largest market share in 2022.
- Based on country, the Middle East & Africa airborne SATCOM market is segmented into Saudi Arabia, South Africa, UAE, and the Rest of Middle East & Africa. Rest of Middle East & Africa held the largest market share in 2022.
Table of Contents
1. Introduction
3. Research Methodology
4. Airborne SATCOM Market Landscape
5. MEA Airborne SATCOM Market - Key Market Dynamics
6. Airborne SATCOM Market - MEA Market Analysis
7. MEA Airborne SATCOM Market Revenue and Forecast to 2028 - Platform
8. MEA Airborne SATCOM Market Revenue and Forecast to 2028 - Component
9. MEA Airborne SATCOM Market Revenue and Forecast to 2028 - Application
10. MEA Airborne SATCOM Market - Country Analysis
11. Industry Landscape
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned
- ASELSAN A.?.
- Cobham Limited
- Collins Aerospace
- General Dynamics Mission Systems, Inc.
- Honeywell International Inc.
- L3Harris Technologies, Inc.
- Orbit Communications Systems Ltd.
- Thales Group
- Viasat, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 148 |
Published | October 2022 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 421.78 Million |
Forecasted Market Value ( USD | $ 568.55 Million |
Compound Annual Growth Rate | 5.1% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 9 |