Laser Communications Terminals (LCTs) market was valued at US$ 20 million in 2022 and is anticipated to reach US$ 605.3 million by 2029, witnessing a CAGR of 59.3% - Valuates Reports

Laser Communications Terminals (LCTs) market was valued at US$ 20 million in 2022 and is anticipated to reach US$ 605.3 million by 2029, witnessing a CAGR of 59.3% during the forecast period 2023-2029.

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Laser communication technology combines the advantages of radio communication and optical fiber communication, and uses laser as carrier to communicate. Laser communication technology has the advantages of strong anti-interference ability, high security, high communication rate, fast transmission speed, convenient band selection and large information capacity. It is characterized by small size, light weight, low power consumption, simple construction, flexible maneuvering, and has great strategic needs and application value in military and civil fields.
Space laser communication technology can be used as an emergency communication scheme in the fields of earthquake relief, emergency, anti-terrorism, public security investigation and so on. In particular, space laser communication technology can provide military confidential information services for joint attack and defense of multiple weapons, and has outstanding advantages in local war, battlefield networking and information confrontation. In addition, due to the advantages of high bandwidth, fast and convenient transmission and low cost, space laser communication technology is the best choice to solve the transmission of small and micro base stations of the "last kilometer" and the fifth generation mobile communication technology (5g). The integrated information network project of China and earth is an important construction project to implement "without network security, there is no national security", including broadband backbone network and access network of space network. However, it is difficult to meet the maximum transmission broadband of 40-100 GB / s due to traditional microwave satellite communication mode The demand of the space laser network is urgently needed to support this major project.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Laser Communication Terminal key players include TESAT Spacecom (Airbus), Thales Alenia Space (Thales and Leonardo), Ball Aerospace & Technologies (Ball Corporation), etc. Global top three manufacturers hold a share over 35%.
Europe is the largest market, with a share about 45%, followed by China, and North America, both have a share about 40 percent.
In terms of product, Ground Terminal is the largest segment, with a share over 75%. And in terms of application, the largest application is Military, followed by Civil.

Segment by Type
Ground Terminal
Airborne Terminal
Space Terminal

Segment by Application
Military
Civil

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