Home Press Releases Airborne SATCOM Market Size Worth $8.9 Billion By 2030 | CAGR: 6.4%

Airborne SATCOM Market Size Worth $8.9 Billion By 2030 | CAGR: 6.4%

The global airborne SATCOM market size is expected to reach USD 8.9 billion by 2030, according to a new study by Polaris Market Research. The report “Airborne SATCOM Market Share, Size, Trends, Industry Analysis Report, By Platform; By Component; By Application; By Frequency; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

An increase in passenger traffic is being caused by customers’ growing desire to fly. This is driving the main airline businesses to increase the size of their commercial fleets to satisfy the growing demand, subsequently promoting the expansion of the airborne SATCOM industry. Along with the convenience and shortened travel times provided by air travel, major reasons affecting this development are rising disposable incomes, rapid urbanization, and these perks.

 

Furthermore, it is anticipated that the quickening pace of technical progress will fuel the creation of effective SATCOM solutions, fueling market expansion in the following years. For instance, in April 2021, “Orbit GX46,” a multi-purpose terminal, was permitted to use throughout Inmarsat’s “Xpress network” according to a joint announcement from the leading supplier of mobile satellite communication services Inmarsat and Orbit Communication Systems Ltd. This compact terminal provides global connectivity, serving military, governmental, and commercial users everywhere.

 

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Moreover, governments worldwide are incorporating commercial spy satellites into their army communications infrastructure to keep up with the rising need for communication for uses like airborne intelligence, surveillance, reconnaissance (AISR), and communications on the go (COTM). These services require consistent and dependable coverage, which satellite services are excellent at supplying. For instance, in January 2021, as per the “Union of Concerned Scientists (UCS),”  around 3,372 active spacecraft & 6,542 artificial satellites were orbiting the globe. Artificial satellites transfer the analog and digital image, audio, and video data between several network nodes. These factors are boosting the market growth over the forecast period.

 

Airborne SATCOM Market Report Highlights

  • The commercial segment led all other applications. The expansion of this market segment is fueled by the rise in air passenger traffic and the necessity to replace existing aircraft.
  • The transceivers segment is anticipated to grow at a substantial CAGR over the forecast period. The introduction of transceivers facilitated the advancement of various contemporary communication technologies, including two-way radios and the internet. The market sector is also driven by numerous airlines upgrading their current fleet with SATCOM transceivers to improve the customer flying experience.
  • The market in the Asia-Pacific region is anticipated to expand with a high CAGR over the forecast period. The regional market is increasing due to rising defense spending and demand for new aircraft from nations like China and India.
  • Major players operating in the global market include Aselsan., Astronics Corporation, Cobham, Collins Aerospace, General Dynamics, Gilat Satellite Networks, Harris Corporation, and Viasat, Inc.

 

Polaris Market Research has segmented the airborne SATCOM market report based on platform, component, application, frequency, and region:

 

Airborne SATCOM, Platform Outlook (Revenue – USD Billion, 2018 – 2030)

  • Commercial Aircraft
  • Wide Body Aircraft
  • Narrow Body Aircraft
  • UAV
  • Military Aircraft
  • Business Jet
  • Helicopter
  • Regional Transport Aircraft

Airborne SATCOM, Component Outlook (Revenue – USD Billion, 2018 – 2030)

  • Transceivers
  • Airborne Radio
  • Modems & Routers
  • SATCOM Randoms
  • SATCOM Terminals
  • Others

Airborne SATCOM, Application Outlook (Revenue – USD Billion, 2018 – 2030)

  • Government & Defense
  • Commercial

Airborne SATCOM, Frequency Outlook (Revenue – USD Billion, 2018 – 2030)

  • C-Band
  • L-Band
  • X-Band
  • Ka-Band
  • S-Band
  • Ku-Band
  • Q-Band
  • UHF-Band

Airborne SATCOM, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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