Airborne L-Band SATCOM Market to Reach $1.22 Billion, Globally, by 2030 at 5.6% CAGR: Allied Market Research

Actualizado el 10 de enero, 2022 - 14.20hs.

Disminuir tamaño de letra Aumentar tamaño de letra

Airborne L-Band SATCOM Market to Reach $1.22 Billion, Globally, by 2030 at 5.6% CAGR: Allied Market Research

PR Newswire

PORTLAND, Ore., Jan. 10, 2022

Surge in demand for SATCOM OTM solutions and rise in adoption in various UAVs for surveillance applications drive the growth of the global Airborne L-Band SATCOM market

PORTLAND, Ore., Jan. 10, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Airborne L-Band SATCOM Market by Platform (Commercial Aircraft, Wide-Body Aircraft, Narrow-Body Aircraft, Unmanned Aerial Vehicles, Military Aircraft, and Others), Component (Transceivers, Airborne Radio, Modems and Routers, SATCOM Radomes, SATCOM Terminals, and Others), Application (Government & Defense, and Commercial) and Installation Type (New Installation and Upgradation): Global Opportunity Analysis and Industry Forecast, 2021–2030." According to the report, the global airborne L-Band SATCOM industry generated $0.73 billion in 2020, and is anticipated to generate $1.22 billion by 2030, witnessing a CAGR of 5.6% from 2021 to 2030.

Download Report (308 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/9566

Prime determinants of growth

Increase in demand for SATCOM on-the-move (OTM) solutions, rise in adoption in high-altitude, long endurance (HALE) and medium altitude, long endurance (MALE) UAVs for surveillance applications, and modernization of air traffic management system drive the growth of the global airborne L-Band SATCOM market. However, cybersecurity issues and backend operations hinder the market growth. On the other hand, development of ultra-compact SATCOM terminals and increase in demand for long-haul flights present new opportunities in the coming years.

Covid-19 Scenario

The outbreak of the Covid-19 pandemic led to the global lockdown, which in turn, forced the airborne L-band SATCOM providers to partially or completely shut their operations. This resulted in a loss in revenue.
Moreover, authorities started using airborne L-band SATCOM to broadcast messages & information about lockdown measures, especially in rural areas that lack open communication channels for health information.
However, governments & local authorities opted for the use of drones for surveillance to prevent people from gathering. They entered into multiple agreements with different companies for the implementation of L-band SATCOM services that can operate on a wider location.

Request for Customization at https://www.alliedmarketresearch.com/request-for-customization/9566

The commercial aircraft segment to maintain its leadership status throughout the forecast period

Based on platform, the commercial aircraft segment held the highest market share in 2020, accounting for around one-third of the global airborne L-Band SATCOM market, and is estimated to maintain its leadership status throughout the forecast period. This is due to major SATCOM companies being working together to create SATCOM solutions for the growing commercial aviation industry. However, the UAV segment is projected to manifest the highest CAGR of 7.5% from 2021 to 2030, owing to increase in demand for UAVs in various applications.

The new installation segment to maintain its lead position during the forecast period

Based on installation type, the new installation segment accounted for the largest share in 2020, contributing to nearly two-thirds of the global airborne L-Band SATCOM market, and is projected to maintain its lead position during the forecast period. This is due to rise in deployment of modern airborne SATCOM systems across commercial and military applications as well as increased demand for new commercial aircraft orders. Moreover, the upgradation segment is expected to portray the largest CAGR of 6.0% from 2021 to 2030, as the government and commercial aviation businesses are upgrading their existing aircraft to provide reliable mobile ad-hoc networking and data, voice, and picture communication beyond line-of-sight.

Interested to Procure the Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/9566

North America to maintain its dominance by 2030

Based on region, North America held the highest market share in terms of revenue 2020, accounting for around one-third of the global airborne L-Band SATCOM market. This is due to an increase in demand for military satellite systems and equipment in the U.S. and Canada. However, the Asia-Pacific region is expected to witness the fastest CAGR of 6.6% from 2021 to 2030. This is due to increase in focus on strengthening various military industries in emerging nations such as China and India.

Leading Market Players:-

ASELSAN A.S.
Ball Corporation
Cobham Ltd
Honeywell International Inc.
Hughes Network Systems, LLC
Inmarsat Global Limited
Iridium Communications Inc.
Raytheon Technologies Corporation
Teledyne Technologies Incorporated
Thales Group
Viasat Inc.

Schedule a FREE Consultation Call with Our Analysts to Find Solution for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/9566

Similar Reports We Have on Aerospace & Defense Industry:

Airborne C-Band SATCOM Market by Platform (Commercial Aircraft, Wide Body Aircraft, Narrow Body Aircraft, UAV, Military Aircraft, Business Jet, Helicopter and Regional Transport Aircraft), Component (Transceivers, Airborne Radio, Modems & Routers, SATCOM Randomes, SATCOM Terminals and Others), Application (Government & Defense and Commercial), and Installation Type (New Installation and Upgradation): Global Opportunity Analysis and Industry Forecast, 2020–2030.

Airborne Ka-Band SATCOM Market by Platform (Commercial Aircraft, Wide Body Aircraft, Narrow Body Aircraft, UAV, Military Aircraft, Business Jet, Helicopter and Regional Transport Aircraft), Component (Transceivers, Airborne Radio, Modems & Routers, SATCOM Randomes, SATCOM Terminals and Others), Application (Government & Defense and Commercial), and Installation Type (New Installation and Upgradation): Global Opportunity Analysis and Industry Forecast, 2020–2030.

Airborne Ku-Band SATCOM Market by Platform (Commercial Aircraft, Wide Body Aircraft, Narrow Body Aircraft, UAV, Military Aircraft, Business Jet, Helicopter and Regional Transport Aircraft), Component (Transceivers, Airborne Radio, Modems & Routers, SATCOM Randomes, SATCOM Terminals and Others), Application (Government & Defense and Commercial), and Installation Type (New Installation and Upgradation): Global Opportunity Analysis and Industry Forecast, 2020–2030.

Airborne S-Band SATCOM Market by Platform (Commercial Aircraft, Wide Body Aircraft, Narrow Body Aircraft, UAV, Military Aircraft, Business Jet, Helicopter and Regional Transport Aircraft), Component (Transceivers, Airborne Radio, Modems & Routers, SATCOM Randomes, SATCOM Terminals and Others), Application (Government & Defense and Commercial), and Installation Type (New Installation and Upgradation): Global Opportunity Analysis and Industry Forecast, 2020–2030.

Airborne UHF-band SATCOM Market by Platform (Commercial Aircraft, Wide Body Aircraft, Narrow Body Aircraft, UAV, Military Aircraft, Business Jet, Helicopter and Regional Transport Aircraft), Component (Transceivers, Airborne Radio, Modems & Routers, SATCOM Randomes, SATCOM Terminals and Others), Application (Government & Defense and Commercial), and Installation Type (New Installation and Upgradation): Global Opportunity Analysis and Industry Forecast, 2020–2030.

Airborne X-Band SATCOM Market by Platform (Commercial Aircraft, Wide Body Aircraft, Narrow Body Aircraft, UAV, Military Aircraft, Business Jet, Helicopter and Regional Transport Aircraft), Component (Transceivers, Airborne Radio, Modems & Routers, SATCOM Randomes, SATCOM Terminals and Others), Application (Government & Defense and Commercial), and Installation Type (New Installation and Upgradation): Global Opportunity Analysis and Industry Forecast, 2020–2030.

Airborne SATCOM Market by Platform (Commercial Aircraft, Wide Body Aircraft, Narrow Body Aircraft, UAV, Military Aircraft, Business Jet, Helicopter and Regional Transport Aircraft), Component (Transceivers, Airborne Radio, Modems & Routers, SATCOM Randomes, SATCOM Terminals and Others), Application (Government & Defense and Commercial), Installation Type (New Installation and Upgradation), and Frequency (C-Band, L-Band, X-Band, Ka-Band, S-Band, Ku-Band and UHF-Band): Global Opportunity Analysis and Industry Forecast, 2020–2030.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com