Press release
Airborne SATCOM Market Outlook On The Basis Of Product, Application, Province And Forecast Till 2027
Airborne SATCOM Market
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Regions covered
North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa
Companies covered
Major players analyzed include Teledyne Microwave Solutions, Thales Group, Honeywell International Inc., Viasat Inc., Gilat Satellite Networks, Cobham PLC, Raytheon Technologies Corporation, Inmarsat, General Dynamic, and Aselsan.
Top impacting factors: market scenario analysis, trends, drivers and impact analysis
OEM’s focus on integration of newer generation of airborne platforms, increased demand for customized SATCOM on-the-move solutions, and rise in adoption of SATCOM transceivers are the factors that drive the growth of the global airborne SATCOM market. However, cybersecurity issues and high cost of satellite services hinder the market growth. On the contrary, ultra-compact SATCOM terminals for tactical UAVs and need to enhance passenger experience present new pathways in the industry.
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The global airborne SATCOM market trends are as follows:
Increased demand for customized SATCOM on-the-move solutions
The demand in new aircrafts can be attributed to the deployment of advanced airborne SATCOM systems across commercial & military applications. The growing fleet of commercial & combat aircraft and increase in long-haul flights & passenger traffic fuel the demand for customized SATCOM on-the-move solutions. This surge in demand for customized SATCOM is expected to drive the growth of the airborne SATCOM market.
Rise in adoption of SATCOM transceivers
SATCOM transceivers allow two-way communication using a single device. The invention of transceivers has led to development of several modern communication technologies such as a two-wayradios and the Internet. In addition, SATCOM transceivers provide next generation situational awareness system, which delivers increased capacity for greater throughput capability. Various airlines are upgrading their existing fleet with SATCOM transceiver to enhance the passenger travel experience, paving potential for growth of the global airborne SATCOM market.
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Key benefits of the report:
1 This study presents the analytical depiction of the global airborne SATCOM industry along with the current trends and future estimations to determine the imminent investment pockets.
2 The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global airborne SATCOM market share.
3 The current market is quantitatively analyzed from 2020 to 2027 to highlight the global airborne SATCOM market growth scenario.
4 Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
5 The report provides a detailed global airborne SATCOM market analysis based on competitive intensity and how the competition will take shape in coming years.
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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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