Europe Airborne SATCOM Market Forecast to 2028 – COVID-19 Impact and Analysis – by Platform (Commercial Aircraft, Military Aircraft, Helicopters, and UAV), Component (SATCOM Terminals, Transceivers, Airborne Radio, Modems & Routers, SATCOM Radomes, and Others), and Application (Defense and Commercial)
The airborne SATCOM market in Europe is expected to grow from US$ 1,676.03 million in 2022 to US$ 2,950.57 million by 2028; it is estimated to grow at a CAGR of 9.9% from 2022 to 2028.
One of the most important applications of satellite communication technology is communications on the move (COTM), which provides crucial services to various businesses. COTM provides important applications for first responders, disaster recovery, emergency preparedness, remote access, and other applications to military and commercial end users. Moreover, moving aircraft such as commercial, government, and unmanned aerial vehicles (UAVs) equipped with a satellite dish capable of establishing and sustaining communications with a satellite network while the aircraft is in motion are referred to as COTM. Demand for satellite-based on-the-move communications (COTM) emerged as a new trend in defense and commercial aerial communication systems. COTM technologies have become significantly more effective due to the arrival of high-powered L-band satellites with low-gain antenna solutions designed originally for the security and defense industries. In November 2018, Get SAT announced the release of the UltraBlade L-Band antenna for on-the-go L-band airborne applications. Customers and operators, both commercial and military, want faster speeds and more competitive bandwidth pricing. Operators' networks are being constricted as different platforms require new antenna types or ways to purchase connectivity, leading to the development of advanced airborne on-the-move SATCOM solutions.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe airborne SATCOM market. The Europe airborne SATCOM market is expected to grow at a good CAGR during the forecast period.
Europe Airborne SATCOM Market Revenue and Forecast to 2028 (US$ Million)
Europe Airborne SATCOM Market Segmentation
Europe airborne SATCOM market is segmented into platform, component, application, and country.
Based on platform, the Europe airborne SATCOM market is segmented into commercial aircraft, military aircraft, helicopters, and UAVs. The commercial aircraft segment held the largest market share in 2022. Based on component, the Europe airborne SATCOM market is segmented as SATCOM terminals, transceivers, airborne radio, modems and routers, SATCOM radomes, and others. The transceivers held the largest market share in 2022.
In terms of application, the Europe airborne SATCOM market is categorized into defense, and commercial. The commercial segment held the largest market share in 2022.
Based on country, the Europe airborne SATCOM market is segmented into France, Germany, Italy, UK, Russia, and the Rest of Europe. France held the largest market share in 2022.
ASELSAN A.Å.; Cobham Limited; Collins Aerospace; General Dynamics Mission Systems, Inc.; Honeywell International Inc.; L3Harris Technologies, Inc.; Orbit Communications Systems Ltd.; Thales Group; and Viasat, Inc. are among the leading companies in the airborne SATCOM market in the region.
Reasons to buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe airborne SATCOM market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe airborne SATCOM market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the airborne SATCOM market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook