Report

Satellite Laser Communication System Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030

  • Publish Date: May,2022
  • Report ID: QI038
  • Page : 200
  • Report Type : PDF (Email)
The global satellite laser communication system market size was US$ 358.8 million in 2021. The global satellite laser communication system market size is forecast to reach US$ 5206.7 million by 2030, growing at a compound annual growth rate (CAGR) of 39.9% during the forecast period from 2022 to 2030.

The use of free-space optical communication in outer space is known as laser communication in space. Communication can take place entirely in space (through an inter-satellite laser link). It can take place on the ground (via a ground-to-satellite or satellite-to-ground application). The fundamental advantage of laser communications over radio waves is the higher bandwidth, allowing more data to transfer in less time. The communication range of free-space optical communication in outer space is currently on the order of thousands of kilometers, making it appropriate for inter-satellite service. Using optical telescopes as beam expanders, it has the ability to traverse interplanetary distances of millions of kilometers.

Factors Influencing Market Growth

The growing number of satellite launches for communication and earth observation and alternative resolutions to the overburdened optical technology are factors driving the global market.
Problems in creating laser communication between satellite & ground stations may slow down the overall market growth.
Connectivity necessities in rural areas and developing countries and the rising demand for high-speed and protected communication networks are forecast to create lucrative opportunities for the global market during the forecast period.


Impact Analysis of COVID-19

The COVID-19 pandemic had a negative impact on the global market.

New projects around the world have come to a halt, resulting in a drop in demand for analog semiconductors. As workers remained at home, worldwide firms struggled to integrate new satellite communication systems, disrupting global supply chains.

Regional Insights

North America is forecast to account for the maximum share of the satellite laser communication market during the forecast period. As a result of the rising number of companies based in the region and growing spending by government and commercial organizations.

Leading Competitors

The leading prominent companies profiled in the global satellite laser communication market are:

AAC Clyde Space (Hyperion Technologies)
Analytical Space Operation
Ball Corporation
BridgeComm
General Atomics
HENSOLDT
Honeywell International
Laser Light Communication (Halo Network)
Mynaric
ODYSSEUS SPACE SA
Rocket Lab USA, Inc.
Space Exploration Technologies Corp. (SpaceX)
Space Micro
Tesat Spacecom
Thales Group
Other Prominent Players
Scope of the Report

The global satellite laser communication market segmentation focuses on Solution, Application, End-Users, and Region.

Segmentation based on Solution

Inter-Satellite Laser Communication
Satellite-to-Ground Laser Communication
Segmentation based on Application

Technology Development
Earth Observation and Remote Sensing
Communication
Surveillance and Security
and Research and Space Exploration
Segmentation based on End-Users

Government & Military
Commercial
Segmentation based on Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America