Airborne Satellite Communication (SATCOM) Market Opportunities and Challenges


Posted March 2, 2020 by AerospaceDefense

The airborne SATCOM market size is projected to grow from USD 5.8 billion in 2019 to USD 7.8 billion by 2025, at a CAGR of 5.1% from 2019 to 2025.
 
The Report on the Airborne SATCOM Market provides a detailed trend analysis from 2017 to 2025. It discusses industry and technology trends currently prevailing in the market, along with drivers, challenges, and opportunities that influence the growth of the market.

The airborne SATCOM market size is projected to grow from USD 5.8 billion in 2019 to USD 7.8 billion by 2025, at a CAGR of 5.1% from 2019 to 2025. The market is driven by factors such as the growing fleet of commercial and combat aircraft, demand for SATCOM on-the-move solutions in the aviation industry, and in-flight connectivity services.

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Based on platform, the UAVs segment of the airborne SATCOM market is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed due to the extensive use of UAVs to conduct intelligence, surveillance, and reconnaissance (ISR) missions. Leading SATCOM equipment/system manufacturers are also coming up with advancements in SATCOM systems used in UAVs.

Based on application, the commercial segment of the airborne SATCOM market is projected to grow at a higher CAGR during the forecast period as compared to the government & defense segment. The growth of this segment can be attributed to the increasing demand for enhanced passenger experience. The need to enhance inflight passenger experience is driving the commercial airborne SATCOM market. Major airlines such as Alaska Airlines, Southwest Airlines, Delta Airlines, and American Airlines are opting for latest in-flight entertainment systems to enhance the passenger experience.

Based on component, the transceivers segment of the market is projected to grow at the highest CAGR during the forecast period. SATCOM transceivers allow two-way communication using a single device. The invention of transceivers has led to the development of several modern communication technologies such as two-way radios and the Internet.

Based on frequency, the Ku-band segment is projected to lead the market from 2019 to 2025. Airborne SATCOM systems with Ku-band are widely used for BLOS ISR missions, border protection, search & rescue missions, wildfire response, and media coverage.

Key Market Players

Major players in the airborne SATCOM market are Aselsan AS (Turkey), General Dynamics Corporation (US), Cobham Limited (UK), Gilat Satellite Networks Ltd (Israel), Collins Aerospace (US), and Thales Group (France). These players have adopted various growth strategies such as contracts, acquisitions, expansions, new product launches, and partnerships & agreements to expand their presence in the airborne SATCOM market.

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Issued By MarketsandMarkets Research Pvt. Ltd.
Country United States
Categories Aerospace , Business , Technology
Tags Airborne Satellite Communication Market , Airborne SATCOM Market
Last Updated March 2, 2020