Global Airborne Satcom Market

Airborne Satcom Market Size, Share, Growth Analysis, By Component Type(Transponders, Transceivers), By Satellite Network Type(LEO (Low Earth Orbit), MEO (Medium Earth Orbit)), By End-Use(Communication, Surveillance) - Industry Forecast 2024-2031

Report ID: SQMIG50C2033 | Region: Global | Published Date: April, 2024
Pages: 177 | Tables: 94 | Figures: 76

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Airborne Satcom Market was valued at USD 5.67 Billion in 2022 and is poised to grow from USD 5.98 Billion in 2023 to USD 9.10 Billion by 2031, at a CAGR of 5.4% during the forecast period (2024-2031).

The aggressive environment of the Airborne Satcom market is dynamic and is characterized by extreme rivalry amongst key players, fostering innovation and technological improvements. Major aerospace and defense groups, in addition to specialised communique era carriers, vie for market percentage, contributing to a dynamic ecosystem. Established players often cognizance of strategic collaborations, mergers, and acquisitions to broaden their product portfolios and enhance their market presence. 'Thales Group (France)', 'L3 Harris Technologies (USA)', 'Inmarsat Ltd. (UK)', 'Viasat, Inc. (USA)', 'Raytheon Intelligence & Space (USA)', 'General Dynamics Mission Systems (USA)', 'Honeywell International Inc. (USA)', 'Cobham Aerospace Communications (UK)', 'Collins Aerospace (USA)', 'Airbus Defence and Space (EU)', 'Ball Corporation (USA)', 'Elbit Systems Ltd. (Israel)', 'Kratos Defense & Security Solutions, Inc. (USA)', 'Leonardo SpA (Italy)', 'Safran Electronics & Defense (France)', 'Northrop Grumman Corporation (USA)', 'Lockheed Martin Corporation (USA)', 'Hughes Network Systems, LLC (USA)', 'Esterline Technologies Corporation (USA)', 'Intelsat S.A. (Luxembourg)'

The increasing demand for actual-time and reliable conversation in the aviation quarter, both in commercial and military programs, is a sizable driving force. The aviation enterprise's non-stop quest to enhance in-flight connectivity for passengers and to enhance operational efficiency contributes considerably to the marketplace's expansion. Secondly, technological advancements, together with the development of excessive-throughput satellites (HTS) and greater efficient antennas, play a pivotal role.

Rising Shift Towards The Integration Of High-Throughput Satellites (Hts): The discernible shift in the direction of the mixing of excessive-throughput satellites (HTS) to meet the escalating demand for higher in-flight connectivity. These superior satellites provide accelerated bandwidth and stepped forward facts switch expenses, aligning with the growing expectations of passengers for seamless communique at some stage in air excursion.

North America is anticipated to dominate the Airborne Satcom Market. The location has a strong aviation enterprise, both industrial and army, which drives the call for advanced satellite tv for pc communication structures. The presence of essential defense contractors, ongoing technological improvements, and an excessive degree of protection spending contribute to the dominance of North America within the Airborne Satcom Market.

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Global Airborne Satcom Market

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