Global Free Space Optics Communication Technology Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Free Space Optics Communication Technology Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Free-space optical communication (FSO) is an optical communication technology that uses light propagating in free space to wirelessly transmit data for telecommunications or computer networking. Free space means air, outer space, vacuum, or something similar.

Market Overview:

The latest research study on the global Free Space Optics Communication Technology market finds that the global Free Space Optics Communication Technology market reached a value of USD 901.74 million in 2022. It’s expected that the market will achieve USD 6222.95 million by 2028, exhibiting a CAGR of 37.98% during the forecast period.

The outbreak of covid -19 affected the normal operation of the industry

The raging COVID-19 has plunged the global economic environment into depression. The influence of COVID-19 on the free space optical communication industry will involve all major links and entities in the industrial chain. The management efficiency of the company declined, commuting was hindered, production plans were hindered, and the company's development strategy and marketing methods were forced to adjust. In addition, during the COVID-19 period, the logistics speed slowed down or even stopped, and the supply of aluminum, carbon fiber and other raw materials needed for free space optical communication products was limited. The company's production is limited to some extent, and the production of related enterprises in the hardest hit areas is greatly affected. Short-term epidemic situation has little effect on the whole enterprise, while long-term epidemic situation will cause certain losses to the enterprise.

Free space optical communication is the answer to the global demand for broadband communication with flexible network connection. FSO link is widely used in different fields, such as the connection between mobile phone base stations (BTS), LAN-LAN connection between office buildings with fast Ethernet or Gigabit Ethernet speed, and confidential communication networks (i.e. financial, medical and military networks). Because of its stability and flexibility, FSO is a good solution for building-to-building connection. Its use can help solve the last mile problem of optical fiber speed connection. Due to the continuous growth of aerospace industry in various countries and the development of wireless technology, the downstream demand of Free Space Optics Communication Technology is increasing. Generally speaking, the epidemic has little impact on the Free Space Optics Communication Technology industry.

Market Drivers

Compared with microwave technology, free space optical communication has the characteristics of high modulation rate, wide frequency band and no occupation of spectrum resources. Compared with wired and optical fiber communication, it has the advantages of flexibility, less influence on municipal construction, low operating cost and easy popularization. Free space optical communication can make up for the shortage of optical fiber and microwave to a certain extent. Its capacity is similar to that of optical fiber, but its price is much lower. It can be erected directly on the roof and transmitted by air. There is no need to apply for a frequency license, and there is no problem of laying pipelines and digging roads. The point-to-point system can be installed and put into operation within a few hours after determining the unobstructed channel between the sending and receiving points. FSO has great strategic needs and application value in both military and civil fields. The main application scenarios of terrestrial optical communication include: wireless base station data return, last mile access, occasions where it is not convenient to assume optical cable, emergency communication guarantee, etc.

Free space optical communication is becoming more and more popular because of its many benefits, which drives its market demand to increase. With the progress of science and technology, the development of communication network construction and the rapid growth of LAN and Gigabit Ethernet, FSO technology will have a broad application field and market prospect with its own advantages.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

Tesat Spacecom, Ball Corporation, General Atomics, Thales Group and HENSOLDT are the five key players in the global Free Space Optics Communication Technology market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Free Space Optics Communication Technology market in the past 5 years.

TESAT has accumulated deep expertise in the manufacture of communication satellite payload equipment and has become a clear leader in the European market.

Tesat products include highly reliable equipment such as traveling wave tube amplifiers, multiplexers, waveguide switches and modulators, which are delivered to all leading satellite manufacturers worldwide along with complete systems. Therefore, Tesat provide the necessary complete communication technology, such as transmitting a TV signal to each household through a satellite antenna. More than half of the communication satellites in orbit are equipped with Tesat equipment.

Ball Corporation is an American company headquartered in Westminster, Colorado. It is best known for its early production of glass jars, lids, and related products used for home canning. Since its founding in Buffalo, New York, in 1880, when it was known as the Wooden Jacket Can Company, the Ball company has expanded and diversified into other business ventures, including aerospace technology. It eventually became the world's largest manufacturer of recyclable metal beverage and food containers.

Ball Aerospace is an American manufacturer of spacecraft, components, and instruments for national defense, civil space and commercial space applications.

Segmentation Overview:

Among different product types, Product segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Terrestrial Platform segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Free Space Optics Communication Technology market covered in Chapter 3:

CACI
General Atomics
Thales Group
HENSOLDT
Analytical Space
LightPointe Communications
SkyFiber
Ball Corporation
Mostcom
Tesat Spacecom
AAC Clyde Space
Trimble Hungary Kft

In Chapter 4 and Chapter 14.2, on the basis of types, the Free Space Optics Communication Technology market from 2018 to 2029 is primarily split into:

Product
Service and Technology

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Free Space Optics Communication Technology market from 2018 to 2029 covers:

Terrestrial Platform
Satellite Platform
Airborne Platform

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)