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Airborne SATCOM Market Analysis, Trends, Growth, Research And Forecast 2032
Airborne SATCOM Market
Airborne SATCOM Market Size, Growth Rate, And Forecast
The global airborne SATCOM market size is expected to grow from $5.22 billion in 2022 to $5.71 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The airborne SATCOM market is expected to reach $7.92 billion in 2027 at a CAGR of 8.5%.
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Airborne SATCOM Market Drivers
A surge in air passenger traffic is expected to drive the airborne SATCOM market going forward. Air passenger traffic refers to the total number of passengers travelling via air transport mode. Airborne SATCOM helps air passenger traffic by verifying a satellite-based air traffic services datalink using SATCOM.
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Airborne SATCOM Market Segments
• By Component: SATCOM Terminals, Transceivers, Airborne Radio, Modems and Routers, SATCOM Radomes, Other Components
• By Platform: Fixed Wing, Commercial Aircraft, Narrow Body Aircraft (NBA), Wide Body Aircraft (WBA), Regional Transport Aircraft (RTA), Military Aircraft, Business Aviation and General Aviation, Rotary Wing, Unmanned Aerial Vehicles (UAV)
• By Frequency: VHF/UHF-Band, L-Band, S-Band, C-Band, X-Band, Ku-Band, Ka-Band, EHF/SHF-Band, Multi-Band, Q-Band
• By Installation: New Installation, Upgrade
• By Application: Government and Defence, Commercial
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.North America was the largest region in the airborne SATCOM market.
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Airborne SATCOM Market Key Players
Major competitors in the airborne SATCOM market include Hughes Network Systems LLC, Iridium Communications Inc., Astronics Corporation, Norsat International Inc., Israel Aerospace Industries, Singapore Technologies Engineering Ltd., Mitsubishi Electric Corporation
The Business Research Company's "Global Airborne SATCOM Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Airborne SATCOM Market Include:
1. Executive Summary
2. Airborne SATCOM Market Characteristics
3. Airborne SATCOM Market Trends And Strategies
4. Airborne SATCOM Market - Macro Economic Scenario
5. Airborne SATCOM Market Size And Growth
6. Airborne SATCOM Market Segmentation
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26. Africa Airborne SATCOM Market
27. Airborne SATCOM Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Airborne SATCOM Market
29. Airborne SATCOM Market Future Outlook and Potential Analysis
30. Appendix
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