The global airborne Satellite Communication (SATCOM) System market size was USD 5.05 Billion in 2021 and is expected to register a revenue CAGR of 6.3% during the forecast period, according to latest analysis by Emergen Research. Rising demand for Internet of Things (IoT)-enabled components in the aviation industry is a major factor driving market revenue growth. Airborne SATCOM system is a constant and reliable en route and out route transmission of critical real-time information to support any airborne mission. Market companies are investing in satellite servicing activities, which comprises infrastructure, environmental monitoring, military assistance, shipping, and aviation technologies, among others. Aviation apps for IoT-based devices and systems communicate real-time data with processing units, assisting in optimization of aviation operations. Satellite connectivity is also utilized by IoT devices to send and share real-time data across IoT systems and components employed in these domains, lowering the overall time of operation.
The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
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Key companies profiled in the report include:
L3Harris Technologies, Inc., Thales, Collins Aerospace, Israel Aerospace Industries, Honeywell International Inc., Raytheon Technologies Corporation, BAE Systems, General Dynamics, Viasat, Inc., and Orbit Communications Systems Ltd.
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Airborne Satellite Communication System market?
What are the key product types and applications of the Airborne Satellite Communication System industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Airborne Satellite Communication System market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Airborne Satellite Communication System Market by 2027?
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Market Segmentation
Platform Outlook (Revenue, USD Billion; 2019-2030)
- Fixed Wing
- Rotary Wing
- Unmanned Aerial Vehicles
Component Outlook (Revenue, USD Billion; 2019-2030)
- SATCOM Terminals
- Transceivers
- Airborne Radio
- Modems Routers
- SATCOM Radomes
- Other Components
Application Outlook (Revenue, USD Billion; 2019-2030)
- Government Defense
- Commercial
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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