Global Laser Communications Terminals (LCTs) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Laser Communications Terminals (LCTs) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Laser communication is a new communication method, which includes two parts: receiving and sending. It uses the monochromatic coherent light characteristics of laser to effectively transmit information. The laser communication terminal (LCT) is the transponder of network line equipment in aerospace and ground fields, and its main duty is to prepare data and establish communication connections.

Market Overview:

The latest research study on the global Laser Communications Terminals (LCTs) market finds that the global Laser Communications Terminals (LCTs) market reached a value of USD 128.4 million in 2022. It’s expected that the market will achieve USD 678.06 million by 2028, exhibiting a CAGR of 31.96% during the forecast period.

Among the main body of the industrial chain of Laser Communications Terminals companies, the complete industrial chain main body set includes upstream suppliers, Laser Communications Terminals companies, downstream marketing channels and end customers. The upstream of the Laser Communications Terminals industry involves various constituent materials (Optical system element, Semiconductor Laser, Titanium Alloy, etc.). The midstream mainly produces different Laser Communications Terminals products. The laser communications terminals are mainly used in civil and military fields.

The growth of Laser Communications Terminals (LCTs) market is driven by the downstream demand market. With the development of global economy, development of communication technology. Growing market demand plays an active role in the expansion of Laser Communications Terminals (LCTs) market. Higher product quality and more affordable products will be one of the future growth opportunities of this market. At the same time, the competition between companies may become more intense. This may become a factor hindering market growth.

Miniaturization trend of space laser communication terminal

The development trend of inter-satellite data transmission is to achieve higher code rate transmission, and the satellite communication payload also needs to meet the requirements of light miniaturization and low energy consumption of the space platform. Free space laser communication is one of the best communication means to meet these requirements. Compared with microwave communication, laser communication has obvious advantages: wide bandwidth, anti-electromagnetic interference and anti-interception. With the improvement of satellite laser communication technology, free space laser communication can achieve a transmission rate as high as several hundred gigabits. Under the same code rate, laser communication terminals also have the advantages of small size, lightweight and low power consumption. Therefore, it is an inevitable trend for future satellite communication development that laser communication links become inter-satellite backbone links and even form optical communication networks.

Vast potential for future development

Laser communication is a wireless communication mode, which has a wide application field and potential market. It can establish laser links between different platforms over a long distance to realize communication. Ground platforms include ground communication terminals, underground platforms include underwater bases, submarines, etc. Aerial platforms include various airborne terminals, etc. Space satellite platforms mainly include space stations, Low Earth Orbit, LEO satellites (LEO), geosynchronous Earth orbit satellites (GEO), Medium Earth Orbit, MEO satellites (MEO) and non-Earth orbit satellites (NEO). The idea of global space communication network is to establish two-way laser links between different platforms or different terminals, to directly or indirectly realize the communication between the terminals. Satellite laser communication technology is very important to realize this idea.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects

Company Overview:

TESAT Spacecom (Airbus) is one of the major players operating in the Laser Communications Terminals (LCTs) market, holding a share of 50.17% in 2022.

Segmentation Overview:

Among different product types, Space Terminal segment is anticipated to contribute the largest market share in 2027.

Application Overview:

The market's largest segment by application is the segment Military, with a market share of 67.94% in 2021.

Key Companies in the global Laser Communications Terminals (LCTs) market covered in Chapter 3:

General Atomics
Hyperion Technologies
Thales Alenia Space
Hensoldt
Ball Aerospace
ODYSSEUS Space
Space Micro
Fibertek
SA Photonics (CACI)
TESAT Spacecom (Airbus)
Mynaric AG

In Chapter 4 and Chapter 14.2, on the basis of types, the Laser Communications Terminals (LCTs) market from 2018 to 2029 is primarily split into:

Ground Terminal
Airborne Terminal
Space Terminal

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Laser Communications Terminals (LCTs) market from 2018 to 2029 covers:

Military
Civil

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)