Airborne Satellite Communication Trends and Forecast
The future of the global airborne satellite communication market looks promising with opportunities in the government & defense and commercial applications. The global airborne satellite communication market is expected to reach an estimated $7.9 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are escalating demand for high-throughout satellites, surge in the delivery of aircraft fleets, and rising requirement for customized SATCOM with on-the-move feature.A more than 150-page report is developed to help in your business decisions. .
Airborne Satellite Communication by Segment
The study includes a forecast for the global airborne satellite communication by platform, component, installation type, application, and region.Airborne Satellite Communication Market by Platform [Shipment Analysis by Value from 2018 to 2030]:
- Fixed Wing
- Commercial Aircraft
- Narrow Body Aircraft
- Wide Body Aircraft
- Regional Transport Aircraft
Airborne Satellite Communication Market by Component [Shipment Analysis by Value from 2018 to 2030]:
- SATCOM Terminals
- Transceiver
- Airborne Radio
- Modems & Routers
- SATCOM Radomes
- Others
Airborne Satellite Communication Market by Installation Type [Shipment Analysis by Value from 2018 to 2030]:
- New Installation
- Upgrade
Airborne Satellite Communication Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Government & Defense
- Commercial
- Others
Airborne Satellite Communication Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Airborne Satellite Communication Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies airborne satellite communication companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the airborne satellite communication companies profiled in this report include:- L3 Harris
- Thales
- Collins Aerospace
- Israel Aerospace
- Honeywell International
- Raytheon Intelligence and Space
- Aselsan
- BAE Systems
- General Dynamics Mission Systems
- Gilat Satellite Networks
Airborne Satellite Communication Market Insights
The publisher forecasts that upgrade is expected to witness the higher growth over the forecast period due to growing demand for regular fleet modernization of outdated aircraft.Within this market, government & defense will remain the larger segment due to expanding need for advanced situational awareness in the armed forces for expanding aircraft rescue operations and ISR missions.
APAC is expected to witness highest growth over the forecast period due to rising government spending on the armed forces and putting more of an emphasis on in-flight internet for commercial aircraft in the region.
Features of the Global Airborne Satellite Communication Market
- Market Size Estimates: Airborne satellite communication market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Airborne satellite communication market size by various segments, such as by platform, component, installation type, application, and region in terms of value ($B).
- Regional Analysis: Airborne satellite communication market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different platforms, components, installation types, applications, and regions for the airborne satellite communication market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the airborne satellite communication market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQs
Q1. What is the airborne satellite communication market size?Answer: The global airborne satellite communication market is expected to reach an estimated $7.9 billion by 2030.
Q2. What is the growth forecast for airborne satellite communication market?
Answer: The global airborne satellite communication market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the airborne satellite communication market?
Answer: The major drivers for this market are escalating demand for high-throughout satellites, surge in the delivery of aircraft fleets, and rising requirement for customized Satcom with on-the-move feature.
Q4. What are the major segments for airborne satellite communication market?
Answer: The future of the airborne satellite communication market looks promising with opportunities in the government & defense and commercial applications.
Q5. Who are the key airborne satellite communication market companies?
Answer: Some of the key airborne satellite communication companies are as follows:
- L3 Harris
- Thales
- Collins Aerospace
- Israel Aerospace
- Honeywell International
- Raytheon Intelligence and Space
- Aselsan
- BAE Systems
- General Dynamics Mission Systems
- Gilat Satellite Networks
Answer: The publisher forecasts that upgrade is expected to witness the higher growth over the forecast period due to growing demand for regular fleet modernization of outdated aircraft.
Q7. In airborne satellite communication market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising government spending on the armed forces and putting more of an emphasis on in-flight internet for commercial aircraft in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the airborne satellite communication market by platform (fixed wing, commercial aircraft, narrow body aircraft, wide body aircraft, and regional transport aircraft), component (SATCOM terminals, transceiver, airborne radio, modems & routers, SATCOM radomes, and others), installation type (new installation and upgrade), application (government & defense, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global Airborne Satellite Communication Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- L3 Harris
- Thales
- Collins Aerospace
- Israel Aerospace
- Honeywell International
- Raytheon Intelligence and Space
- Aselsan
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
LOADING...
