Aircraft Laser Communication System Market Growing Geriatric Population to Boost Growth 2030

According to the Market Statsville Group (MSG), the global aircraft laser communication system market size is expected to grow at a CAGR of 9.4% from 2022 to 2030. The market is likely to be driven by the increasing number of satellite constellations for applications such as communication, technology development, Earth observation, and remote sensing, research, and space exploration. Furthermore, the growing desire for secure and high-speed wireless communication and the rising demand for increased flexibility at a cheap cost are two significant drivers of the growth of the global aircraft laser communication system.

Laser communication in space uses free-space optical communication in space. A laser link between satellites can be used for intersatellite communication, or communication can also occur on Earth (via a ground-to-satellite or satellite-to-ground application). The larger bandwidth of laser communications over radio waves enables more data transport in less time, which is the primary benefit.

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Scope of the Global Aircraft Laser Communication System Market
The study categorizes the aircraft laser communication system market based on solution, component, range, end user, and application at the regional and global levels.

By Solution (Sales, USD Million, 2017-2030)
Space-to-Space Station
Space-to-Ground Station
By Component (Sales, USD Million, 2017-2030)
Optical Head
Laser Receiver and Transmitter
Modulators and Demodulators
Pointing Mechanism
Others
By Range (Sales, USD Million, 2017-2030)
Short Range (Below 5,000 KM)
Medium Range (5,000-35,000 KM)
Long Range (Above 35,000 KM)
By End User (Sales, USD Million, 2017-2030)
Government
Military
Commercial
By Application (Sales, USD Million, 2017-2030)
Technology Development
Earth Observation and Remote Sensing
Communication
Surveillance and Security
Research and Space Exploration

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By Region (Sales, USD Million, 2017-2030)
North America
US
Canada
Mexico
Europe
Germany
Italy
France
UK
Spain
Poland
Russia
The Netherlands
Norway
Czech Republic
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Indonesia
Malaysia
Thailand
Singapore
Australia & New Zealand
Rest of Asia Pacific
South America
Brazil
Argentina
Colombia
Rest of South America
The Middle East & Africa
Saudi Arabia
UAE
South Africa
Northern Africa
Rest of MEA
Space-to-space station segment is projected to account for the largest market share, by solution
In 2021, the space-to-space station segment accounted for the largest market share in the global aircraft laser communication system market. Space-to-space communication is the most significant solution contributing to the growth of the worldwide space-based laser communication market. For purposes including communication, Earth observation, technology development, remote sensing, intelligence, surveillance, and reconnaissance, there are an increasing number of tiny satellites in larger constellations requiring inter-satellite communication links.

APAC accounts for the highest CAGR during the forecast period

Globally, APAC is estimated to hold the highest CAGR in the global aircraft laser communication system market during the forecast period. Strong domestic economic growth in growing nations like China, Malaysia, Indonesia, and India is the main driver of the region's growth. Moreover, the growing spending on military and defense forces will further drive the demand for the aircraft laser communication system market in the region.

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Key Market Players in the Global Aircraft Laser Communication System Market
The global aircraft laser communication system market is highly competitive, with key industry players adopting strategies such as product development, partnerships, acquisitions, agreements, and expansion to strengthen their market positions. Most market companies focus on expanding operations across regions, augmenting their capabilities, and building strong partner relations.

Major players in the global aircraft laser communication system market are:

AAC Clyde Space (Hyperion Technologies)
Analytical Space Operation
Ball Corporation
BridgeComm
General Atomics
HENSOLDT
Honeywell International
Laser Light Communication (Halo Network)
ODYSSEUS SPACE SA
Thales Group

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Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG initiated its work in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services.

This release was published on openPR.