According to the new research report titled "Airborne SATCOM Market Forecast to 2028 - COVID-19 Impact and Global Analysis," published by The Insight Partners, the market is expected to reach US$ 10,390.96 million by 2028, registering a CAGR of 8.2% from 2022 to 2028.
Airborne Satellite Communications (SATCOM) is a comprehensive solution that offers reliable and uninterrupted transmission of critical real-time data between flight crews and air traffic control centers to support airborne missions. Airborne SATCOM terminals are designed to be compatible with various aircraft systems. For instance, systems equipped with parabolic antennas are suitable for unmanned aerial vehicles (UAVs), whereas low-profile active-antenna solutions are optimized for larger mission aircraft. An airborne SATCOM system comprises multiple components, including a transmitter, transceiver, receiver, antenna, airborne radio, and modems and routers. The increasing number of aircraft, long-haul flights, and military aircraft are key factors propelling the growth of the airborne SATCOM market.
New opportunities are emerging in the airborne SATCOM market, driven by the use of ultra-compact SATCOM terminals in tactical drones and the growing demand for improved passenger experience. One example of this is the partnership between Inmarsat Government and Orbit Communication Systems Ltd., which aims to provide a new modular, multi-role aviation terminal optimized for Inmarsat's Global Xpress network. This network, which is the first globally accessible high-throughput wideband network, offers both commercial and military Ka-band capabilities and is fully interoperable with the Wideband Global Satcom system. Another example is the multi-million-dollar contract awarded to Get SAT in collaboration with R4 Integration to provide satellite communication for C-130 planes for a US government agency.
The Asia Pacific region is projected to experience the second-highest compound annual growth rate (CAGR) in the airborne SATCOM market size during the forecast period. The growth of the market in this region is driven by the continuous increase in passenger traffic and industrial expansion in countries like Japan, India, and China. Additionally, the demand for general aviation aircraft, particularly business jets and helicopters, has increased over the years. This can be attributed to the rise in disposable income among the middle-class population in the developing APAC countries, leading to an increase in international travel and aviation passenger traffic. Furthermore, the presence of established aircraft manufacturers like Glasair Aviation, Aircraft Corporation of China Ltd, Hindustan Aeronautics Limited, and Honda Aircraft Company in countries like Japan, India, and China is contributing to the growth of the airborne SATCOM market in Asia Pacific.
The airborne SATCOM market size is segmented based on platform, component, application, and geography. Based on platform, the market is segmented into commercial aircraft, military aircraft, helicopters, and UAVs. Based on component, the airborne SATCOM market is segmented into SATCOM terminals, transceivers, airborne radio, modems and routers, SATCOM radomes, and others. The airborne SATCOM market, by application, is segmented into defense and commercial. Based on geography, the market size is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America.
Key Findings of Study:
The North American region held the highest share in the airborne SATCOM market in 2021, followed by Europe, APAC, South America, and MEA. Among these regions, Europe is projected to exhibit the fastest growth rate over the forecast period, followed by APAC, North America, MEA, and South America, respectively.
The airborne SATCOM market growth in North America is driven by the significant focus on the aerospace and defense sector in countries like Canada and the US. Moreover, the demand for airborne SATCOM in the commercial and cargo aircraft segments is high due to the growing need for commercial aircraft in the region. The US leads the airborne SATCOM market in North America, and the region is home to some of the largest aircraft and helicopter manufacturers globally, including Boeing, Textron Corporation, Gulfstream, Lockheed Martin, Northrop Grumman, Piper Aircraft Inc., Cirrus Design Corporation, Electric Aircraft Corporation, and Bombardier. The presence of such prominent aircraft manufacturers and the increasing production of commercial aircraft owing to high demand are expected to create new opportunities for airborne SATCOM market players in North America.
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