Press release
Airborne L-Band SATCOM Market to Receive Overwhelming Hike In Revenue That Will Boost Overall Industry Growth by 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.
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.
Know More https://www.prnewswire.com/news-releases/airborne-l-band-satcom-market-to-reach-1-22-billion-globally-by-2030-at-5-6-cagr-allied-market-research-301457085.html
Explore AMR's Extensive ongoing Coverage on Aerospace and Defense Domain:
Drone Defense System Market https://www.alliedmarketresearch.com/drone-defense-system-market-A12507
Multirotor Drone Market https://www.alliedmarketresearch.com/multirotor-drone-market-A09185
Space Logistics Market https://www.alliedmarketresearch.com/space-logistics-market-A47401
Drone Camera Market https://www.alliedmarketresearch.com/drone-camera-market-A11099
Narcotics Scanner Market https://www.alliedmarketresearch.com/narcotics-scanner-market
Aircraft Window Frame Market https://www.alliedmarketresearch.com/aircraft-window-frame-market-A31492
Contact:
Davin Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |
About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.
Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Airborne L-Band SATCOM Market to Receive Overwhelming Hike In Revenue That Will Boost Overall Industry Growth by 2030 here
News-ID: 3990841 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for SATCOM
SATCOM Amplifier Systems Market Future Growth Potential, Demand, Analysis By 203 …
The New Market Research Report - SATCOM Amplifier Systems Market
The analysis tracks the impact of key market dynamics on the major challenges and the strategies adopted by key vendors and market players to overcome the challenges and expand their market presence. The study takes a closer look at the strategies and measures adopted by key stakeholders and investors to boost the development of product; the analysis will be useful in…
Aeronautical Satcom Market 2021 Analysis by Leading Players - Satcom Global, AER …
The Aeronautical Satcom market research report covers detailed information about market definitions and its classification, along with, global segmentation for the market, product overview, and industry outline. In addition, the research report offers a critical analysis of market dynamics, a detailed study of key regional trends, and further delivers country-level market scope and revenue of the Aeronautical Satcom Industry. Moreover, the Aeronautical Satcom market report holds industry regulatory policies, drivers,…
COVID-19 Impact on Aeronautical Satcom Market 2020 Growth, Opportunities and Key …
Aeronautical Satcom Industry 2020 Market report discusses the primary market growth drivers and challenges that the vendors and the market as a whole face and provide an overview of the key trends emerging in the industry. Aeronautical Satcom Market report covers the industry structure and even landscape, the problems along with business strategies and industry effectiveness.
Since the COVID-19 virus outbreak in December 2020, the disease has spread to over 210…
SATCOM Transceivers Market 2020-2027 :Agilis, SAGE Satcom, Advantech Wireless, A …
Global SATCOM Transceivers Market Research Report 2020-2027 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
(Exclusive Offer: Up…
SATCOM Amplifier Systems Market 2019: Top Key Players are ND Satcom, Comtech Tel …
SATCOM Amplifier Systems Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry.
Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13759344
Global SATCOM Amplifier Systems market 2019 research provides a basic overview of the industry…
SATCOM Amplifier Systems Market Research Report 2019-2025 | Top Key Players - Ad …
UpMarketResearch offers a latest published report on “Global SATCOM Amplifier Systems Market Analysis and Forecast 2019-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 112 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/46923
SATCOM Amplifier Systems Market research report delivers…
