The global airborne Satellite Communication (SATCOM) System market size was USD 5.05 Billion in 2021 and is expected to register a revenue CAGR of 6.3% during the forecast period, according to latest analysis by Emergen Research. Rising demand for Internet of Things (IoT)-enabled components in the aviation industry is a major factor driving market revenue growth. Airborne SATCOM system is a constant and reliable en route and out route transmission of critical real-time information to support any airborne mission. Market companies are investing in satellite servicing activities, which comprises infrastructure, environmental monitoring, military assistance, shipping, and aviation technologies, among others. Aviation apps for IoT-based devices and systems communicate real-time data with processing units, assisting in optimization of aviation operations. Satellite connectivity is also utilized by IoT devices to send and share real-time data across IoT systems and components employed in these domains, lowering the overall time of operation.
Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. The key growth trends and opportunities are offered through a thorough investigation and examination of the market. A detailed course of development is offered in the report along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers.
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Key companies operating in the Airborne Satellite Communication System market include:
L3Harris Technologies, Inc., Thales, Collins Aerospace, Israel Aerospace Industries, Honeywell International Inc., Raytheon Technologies Corporation, BAE Systems, General Dynamics, Viasat, Inc., and Orbit Communications Systems Ltd.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Airborne Satellite Communication System market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Airborne Satellite Communication System Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Airborne Satellite Communication System Market Segmentation:
-
Platform Outlook (Revenue, USD Billion; 2019-2030)
- Fixed Wing
- Rotary Wing
- Unmanned Aerial Vehicles
-
Component Outlook (Revenue, USD Billion; 2019-2030)
- SATCOM Terminals
- Transceivers
- Airborne Radio
- Modems & Routers
- SATCOM Radomes
- Other Components
-
Application Outlook (Revenue, USD Billion; 2019-2030)
- Government & Defense
- Commercial
Airborne Satellite Communication System Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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