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

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

Space Laser Communication is the use of free-space optical communication in outer space. Communication may be fully in space (an inter-satellite laser link) or in a ground-to-satellite or satellite-to-ground application. The main advantage of using laser communication over radio waves is increased bandwidth, enabling the transfer of more data in less time. In outer space, the communication range of free-space optical communication is currently of the order of several thousand kilometers, suitable for inter-satellite service. It has the potential to bridge interplanetary distances of millions of kilometers, using optical telescopes as beam expanders.

Market Overview:

The latest research study on the global Space Laser Communication market finds that the global Space Laser Communication market reached a value of USD 565.75 million in 2022. It’s expected that the market will achieve USD 3209.59 million by 2028, exhibiting a CAGR of 33.55% during the forecast period.

Market Drivers

signals or optoelectronic signals, the electromagnetic spectrum is tightly supplied, and the available spectrum of the optical frequency band is much larger. Laser communications will play a key role in providing extremely high data rates and capacity. Radio and microwave have some unavoidable failures, which makes extremely long-distance data communication more and more difficult. Compared with radio frequency transmission, laser transmission has many inherent advantages. Because the laser itself has a high degree of time coherence and spatial orientation, space laser communication has the advantages of large communication capacity, light weight, high transmission rate, power consumption and small size, and high confidentiality. At the same time, the space laser communication technology is characterized by low construction and maintenance costs. The advantages of these space laser communications have driven the development of the industry.

Region Overview:

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

Company Overview:

Tesat Spacecom is one of the major players operating in the Space Laser Communication market, holding a share of 37.20% in 2021.

TESAT has accumulated deep expertise in the manufacture of communication satellite payload equipment and has become a clear leader in the European market. In its 60,000 square meter office space in Backnang, Germany, approximately 1,100 employees develop, assemble, integrate and test satellite communication systems and equipment. To date, more than 700 space projects have been completed.

Their 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, they 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, Low Earth Orbit Laser Communications segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Military Use segment occupied the biggest share from 2018 to 2022.

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

Tesat Spacecom
Mynaric
Honeywell International
CACI
ODYSSEUS Space
BridgeComm
Laser Light Communication
Ball Corporation
Thales Group
Space Micro
AAC Clyde Space
HENSOLDT
Analytical Space
General Atomics

In Chapter 4 and Chapter 14.2, on the basis of types, the Space Laser Communication market from 2018 to 2029 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 Space Laser Communication market from 2018 to 2029 covers:

Military Use
Civil Use

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)