Global Satellite Laser Communication System Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Satellite Laser Communication System Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Satellite laser communication technology is an emerging high-speed data transmission technology in space. It has a large transmission capacity, can be fully integrated with other communication technologies, reduces the intermediate decoding process, and provides a new means for realizing high-speed connections. Laser communication uses laser as a signal carrier to modulate information such as voice and data onto the laser for transmission. According to the different laser transmission environments, satellite laser communication is divided into two categories: one is laser communication in a vacuum environment, that is, inter-satellite laser communication, which is mainly used in equipment in a vacuum environment, such as between satellites and satellites, spacecraft, space stations, etc. The second is laser communication in the atmospheric environment, that is, satellite-ground laser communication. This communication technology is widely used, such as the connection between satellites and ground, sea users and air vehicles.

Market Overview:

The latest research study on the global Satellite Laser Communication System market finds that the global Satellite Laser Communication System market reached a value of USD 787.41 million in 2023. It’s expected that the market will achieve USD 1398.99 million by 2029, exhibiting a CAGR of 10.05% during the forecast period.

The impact of the new crown epidemic on the global satellite laser communication system industry

Affected by the outbreak of novel coronavirus pneumonia in January 2020, the resumption time of the global satellite laser communication system was delayed, and some employees were unable to arrive on time due to control requirements; due to the delayed resumption time of upstream and downstream enterprises, the operating rate was lower compared with the same period in previous years ; The spread of the COVID-19 epidemic abroad is accelerating, and many countries and regions have adopted control measures such as suspending work and production, closing cities and countries, etc. to limit the spread of the epidemic. The above situation has had a certain impact on the procurement, production and sales activities of the satellite laser communication system industry.

In early 2020, the new coronavirus COVID-19 was raging around the world. The COVID-19 epidemic has had a multifaceted impact on the satellite communications industry and has become the last straw for many satellite communications companies. The impact of the new crown epidemic is manifested in the following aspects: the decline in service capacity and the raging epidemic, the operation and maintenance personnel of satellite communication services need to be isolated at home, and when there is a problem with satellite communication (cloud and rain decay or environmental impact), the company cannot provide timely maintenance services. Lower downstream demand As the epidemic rages on, the downstream demand side of satellite communications has been greatly affected.

China's satellite laser communication system industry is facing huge opportunities under the current development environment. With the rapid development of information technology and communication technology, satellite laser communication system, as an emerging communication technology, has the advantages of high speed, high bandwidth and low delay, which can greatly improve communication quality and efficiency.

(1) Policies are favorable to the development of the industry

The 14th Five-Year Plan development plan of the National Development and Reform Commission, or the Basic Electronic Components Industry Development Action Plan (2021-2023) formulated by the Ministry of Industry and Information Technology and other guiding documents, all support the development of my country's optoelectronics industry and technology from a national strategic height As an important task, strive to improve the independent technology of key components and chips for high-speed optical communication, and accelerate the process of localization and substitution. The policy of the optical communication industry continues to be favorable, and the development prospect is promising.

(2) The value of the global optical communication industry is transferred to China to promote the development of the industry

With the improvement of research and development capabilities and production technology of domestic optical communication-related industry manufacturers, coupled with the cost advantage of products, domestic enterprises have increased their export efforts, and foreign communication system equipment manufacturers have also increased their procurement of domestic optical communication device products. . At the same time, in order to reduce costs, foreign communication system equipment manufacturers have also shifted their production and R&D bases to mainland China in recent years, which has also driven demand in the optical communication device market in mainland China and promoted the development of the industry.

Region Overview:

Asia-Pacific had the highest growth rate of all regions.
In 2022, the share of the Satellite Laser Communication System market in Asia-Pacific stood at 9.60%.

Company Overview:

TESAT Spacecom (Airbus) is one of the major players operating in the Satellite Laser Communication System market, holding a share of 10.91% in 2023.

Segmentation Overview:

The equipment segment by type showed a value growth of 80.66% in 2022.
Among different product types, equipment segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Laser communication between planets segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Satellite Laser Communication System market covered in Chapter 3:

Optical Physics Company
TESAT Spacecom (Airbus)
Hensoldt
ODYSSEUS Space
General Atomics
Thales Alenia Space (Thales and Leonardo)
ATLAS Space Operations, Inc.
Ball Aerospace & Technologies (Ball Corporation)
Space Micro
Fibertek
Hyperion Technologies
Mynaric AG
BridgeComm, Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the Satellite Laser Communication System market from 2019 to 2030 is primarily split into:

Low Earth Orbit Laser Communications
Geosynchronous Orbit (GEO) Laser Communications

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Satellite Laser Communication System market from 2019 to 2030 covers:

Military Use
Civil Use

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) 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)