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Airborne SATCOM Market Value $7.3 Billion by 2027 at a CAGR of 6.5%

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.

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Airborne SATCOM Market Value $7.3 Billion by 2027 at a CAGR of 6.5%

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  1. AirborneSATCOMMarketValue$7.3 Billion by 2027 at a CAGR of6.5% According to a research report "Airborne SATCOM Marketby Installation Type ( New Installation, Upgrade), Application (Government & Defense, Commercial), Platform (Fixed Wing, Rotary Wing, UAVs), Frequency, Component and Region - Global Forecast to 2027" published by MarketsandMarkets, 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. The growth of the market is attributed to increased need for customized SATCOM on the move solutions, increased adoption of SATCOM transceivers and increased number of aircraft fleetdeliveries. Browse 282 market data Tables and 58 Figures spread through 301 Pages and in-depth TOC on "Airborne SATCOM Market - Global Forecast to2027" “The UAV segmentis projected to lead the airborne SATCOMmarket during the forecastperiod.” Based on Platform, theUAVs segment is expected to lead the market from 2022 to 2027. Due to extensive use of UAVs to conduct intelligence, surveillance and reconnaissance (ISR) missions the UAV segment of airborne SATCOM is expected togrow. “The New installation segment is accounted to lead the airborne SATCOM market during the forecastperiod.” The new installation segment is expected to grow from USD 3,090 in 2022 to 4,697 in 2027 at a CAGR of 8.7%. The adoption of cutting-edge airborne SATCOM systems for both commercial and military purposes and rising demand for new aircraft are responsible for the new installation segment’sgrowth. “North America is accounted to have the largest share during the forecasted period.” The airborne SATCOM market in North America is projected to have largest share during the forecast period. US and Canada are the countries considered under north American region. The growth of this segment is due to the huge presence of leading players of airborne SATCOM in thisregion.

  2. Key MarketPlayers Players such as Thales Group (France), General Dynamics Corporation (US), Collins Aerospace (US), Gilat Satellite Networks (Israel) and Raytheon Intelligence and Space (US). The report covers various industry trends and new technological innovations in the Airborne SATCOM market for the period,2018-2027. Ask for Sample Report@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=264493465 AboutMarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™INC. 630 DundeeRoad Suite 430 Northbrook, IL60062 USA:1-888-600-6441

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