PUBLISHER: Grand View Research | PRODUCT CODE: 1530297
PUBLISHER: Grand View Research | PRODUCT CODE: 1530297
Airborne SATCOM Market Size & Trends
The global airborne SATCOM market size was estimated at USD 5.75 billion in 2023 and is expected to grow at a CAGR of 5.8% from 2024 to 2030. The market growth is attributed to the rising demand for advanced communication systems to enhance passenger experience and operational efficiency amid the global expansion of commercial aviation, with more aircraft being added to fleets. Moreover, the increasing demand for reliable, high-speed internet access during flights for entertainment, work, and communication drives the demand for satellite communications (SATCOM) systems among airlines. In addition, the growing demand for these systems to enhance communication for flight crews and improve coordination with ground control teams is further propelling the market growth.
Market growth is further driven by the increasing number of military and defense applications. Defense organizations increasingly adopt airborne SATCOM systems to establish critical communication links for command and control, intelligence, surveillance, and reconnaissance (ISR) missions. Moreover, these systems offer the ability to transmit real-time data between airborne assets and ground control stations during military missions, further driving their demand and contributing to the market growth.
In addition, airborne SATCOM is crucial during disaster management when terrestrial communication infrastructure is damaged or nonexistent. Moreover, government agencies also use SATCOM systems for surveillance, border patrol, and other security operations that require real-time communication and data transfer. The growing usability of these systems across various industries and government organizations is expected to accelerate market growth over the foreseeable future.
The market is undergoing rapid technological advancements that improve existing capabilities and create avenues for new applications. Several market players focus on developing innovative solutions, which are expected to drive market growth significantly over the coming years. For instance, in July 2024, TURKSAT-6A, Turkey's first communication satellite, equipped with X-Band and Ku-Band communication payloads by Aselsan S.A., was launched from Florida, U.S. This new initiative is a major milestone for Turkey as it has placed the country within the league of countries capable of developing their communication satellites.
Global Airborne SATCOM Market Report Segmentation
This report forecasts and estimates revenue growth at the global, regional, and country levels along with analyzes the latest market trends and opportunities in each one of the sub-segments from 2018 to 2030. For this study, Grand View Research has further segmented the global airborne SATCOM market report based on component, platform, frequency, installation, end-use, and region.
U.S.
Canada
Mexico
Germany
UK
France
Japan
China
India
South Korea
Australia
Brazil
UAE
Saudi Arabia
South Africa