20 likes | 24 Views
The airborne SATCOM market size is projected to grow from USD 5.4 billion in 2022 to USD 7.3 billion by 2027, at a CAGR of 6.5% from 2022 to 2027.<br>
E N D
Airborne SATCOM Market Growth and Opportunities in Aircraft Communication Systems The Airborne SATCOM Marketis poised for significant growth, with projections indicating an increase from USD 5.4 billion in 2022 to USD 7.3 billion by 2027, at a CAGR of 6.5%.This expansion is driven by several factors, includingthe use of ultra-compact SATCOM terminals for UAVs and the need to enhance passenger experience. Let's delve deeper into the market dynamics, opportunities, challenges, and key players shaping thisindustry. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264493465 The demand for customized SATCOM on-the-move solutions is driven by the modernization of aircraft communication systems. By incorporating new technologiesandcomponents,thesesystemsenhanceaircraftsafety,minimizeflight delays,andimprovepilotcommunicationandefficiency.Notably,NorthAmericaand Europe are actively focusing on modernizing their aircraft communication systems through tailored SATCOM solutions. Retrofitting and upgrading existing aircraft fleets are also contributing to the increased demand for airborneSATCOM. The development and maintenance of earth station infrastructure pose a significant challenge due to their high costs. Custom fabrication and commercial off-the-shelf purchases add to the expenses. Additionally, the design, development, and construction of SATCOM antennae require trained personnel and substantial investments. To remain competitive, companies in this sector must invest in robust and reliable ground facilities, further adding to infrastructure costs. The use of SATCOM terminals on unmanned aerial vehicles (UAVs) presents opportunities for innovation and the design of ultra-compact solutions. Companies like Thales have developed multi-platform SATCOM terminals that offer high-speed data transmission rates. These terminals enable applications in border security enforcement, public safety, commercial use, scientific research, and more. Government and defense agencies benefit from advanced SATCOM terminals, which provide better connectivity, access to beyond-line-of-sight situational data, and real- time video and imagerystreaming. Cybersecuritybreacheshavebecomeincreasinglyprevalent,posingchallengestothe airborne SATCOM industry. As the number of connected devices andnetworks
grows, the vulnerability of satellites and earth station access points to cyber threats increases. Design vulnerabilities can lead to intercepting, blocking, manipulating, andeventakingcontrolofcriticalcommunicationsystems.Majormanufacturersare implementing security measures, but incidents highlight the need for continuous vigilance andimprovement. Key MarketPlayers: Key players such as Thales Group, General Dynamics Corporation, Collins Aerospace,GilatSatelliteNetworks,andRaytheonIntelligenceandSpacearedriving industry trends and technologicaladvancements. As the market expands, it is crucial for stakeholders to prioritize safety, efficiency, and cybersecurity to ensure seamless communication and connectivity in the aviation industry. With the Asia Pacific region projected to contribute the highest CAGR, governments, defense agencies, and commercial entities must leverage advancements in airborne SATCOM to meet growing demands and stay ahead in a rapidly evolvinglandscape. Ask for Sample Report@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=264493465 AboutMarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth forclients. TheB2Beconomyiswitnessingtheemergenceof$25trillionofnewrevenuestreams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Contact: Mr. Aashish Mehra MarketsandMarkets™INC. 630 DundeeRoad Suite 430 Northbrook, IL60062 USA:1-888-600-6441