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From 2023 to 2030, the Optical Satellite Communication Market is expected to expand from $208m in 2023 to $1,134m, representing a CAGR of 33.1%.
The growth of the optical satellite communication market parallels the increase in communication-focused low-Earth-orbit (LEO) satellites and constellations. There are a number of factors that have contributed to the increase in demand for optical satellite communication. These include the growing need for reliable high-speed communication networks in underserved areas, the expansion of the commercial space industry, and the widespread adoption of satellite technology in military and governmental settings.
In space infrastructure, communication channels between spacecraft are essential. Optical communication technology wirelessly transmits data for such communications. The method is favorable over microwaves as optical beam width is substantially shorter, leading to high antenna gains on both transmit and receive. Additionally, optical satellite communication has cheap deployment cost and requires simple network architecture construction.
Increases in audio- and video-on-demand consumption, as well as other reasons, are expected to fuel growth in the optical satellite communication market over the next few years. The increasing demand for optical satellite communication is anticipated to be driven by the rising number of people who own smartphones and other mobile devices. However, the optical satellite communication market stands to benefit greatly from the Internet of Things and machine-to-machine communication technologies that are expected to emerge throughout the forecast period.
By allowing for high-bandwidth data transmission between space probes, rovers, and Earth-based research centers, optical satellite communication has the potential to transform space exploration and scientific study. Space missions can benefit from the increased efficiency and speed of data transport made possible by this technology. High-bandwidth data transfer from space probes, rovers, and research centers on Earth is made possible by optical satellite communication, which is a game-changer for the space exploration and scientific research industries. The employment of laser beams in optical communication allows for more rapid, efficient, and secure data transfers than those possible through conventional radio-frequency technologies.
Space missions can benefit greatly from this technology since it allows for the transmission of important data gathered by equipment onboard spacecraft in real time or very close to real time. Optical networks can accommodate the increase in data traffic, allowing space missions to function at peak efficiency. By cutting out intermediary relays, signal delay is reduced, and responsiveness is enhanced in direct communications between spacecraft and research centers.
Spectrum allotment, power limits, encryption necessities, and export controls are only some examples of the types of regulations and policies enforced by governments worldwide. In order to prevent radio transmissions from interfering with OSC systems, governments designate certain sections of the electromagnetic spectrum for OSC use. Transmission power in OSC systems is capped in order to reduce the risk of interference. Governments frequently require encryption for OSC systems to safeguard the transmission of sensitive data. There are also restrictions on the export of OSC technology due to its possible military implications.
Standards for OSC systems have been produced by several private sector groups to assure interoperability and performance consistency, complementing government laws in this area. The International Telecommunication Union (ITU) is one such notable organization since it establishes global telecommunications standards. Standardization for optical communications is the focus of the Optical Interworking Forum (OIF), whereas the satellite sector is represented by the Satellite sector Association (SIA).
Report Coverage
Global Optical Satellite Communication research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Optical Satellite Communication report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Optical Satellite Communication competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Optical Satellite Communication market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Optical Satellite Communication market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Optical Satellite Communication market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Analytical Space, Inc. (US), ATLAS Space Operations, Inc. (US), National Aeronautics and Space Administration (US), BridgeSat Inc. (US), Maxar Technologies (US), Mitsubishi Electric Corporation (Japan), SITAEL S.p.A. (Japan), Ball Aerospace & Technologies (US), Mynaric (Germany), Laser Light Communications (US), Hisdesat Servicios Estratégicos, S.A. (Spain), among others
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Optical Satellite Communication market based on the below-mentioned segments:
Global Optical Satellite Communication Market, By Component
Receiver
Transmitter
Modulator
Demodulator
Others
Global Optical Satellite Communication market, By Application
Tracking & Monitoring
Surveillance & Security
Research & Space Exploration
Earth Observation
Last Mile Access
Others
Global Optical Satellite Communication Market, By Laser Type
YAG laser
Silex Laser
Microwave Laser
CO2 Laser
AIGaAs Laser Diode.
Global Optical Satellite Communication market, Regional Analysis
The growth of the optical satellite communication market parallels the increase in communication-focused low-Earth-orbit (LEO) satellites and constellations. There are a number of factors that have contributed to the increase in demand for optical satellite communication. These include the growing need for reliable high-speed communication networks in underserved areas, the expansion of the commercial space industry, and the widespread adoption of satellite technology in military and governmental settings.
In space infrastructure, communication channels between spacecraft are essential. Optical communication technology wirelessly transmits data for such communications. The method is favorable over microwaves as optical beam width is substantially shorter, leading to high antenna gains on both transmit and receive. Additionally, optical satellite communication has cheap deployment cost and requires simple network architecture construction.
Increases in audio- and video-on-demand consumption, as well as other reasons, are expected to fuel growth in the optical satellite communication market over the next few years. The increasing demand for optical satellite communication is anticipated to be driven by the rising number of people who own smartphones and other mobile devices. However, the optical satellite communication market stands to benefit greatly from the Internet of Things and machine-to-machine communication technologies that are expected to emerge throughout the forecast period.
By allowing for high-bandwidth data transmission between space probes, rovers, and Earth-based research centers, optical satellite communication has the potential to transform space exploration and scientific study. Space missions can benefit from the increased efficiency and speed of data transport made possible by this technology. High-bandwidth data transfer from space probes, rovers, and research centers on Earth is made possible by optical satellite communication, which is a game-changer for the space exploration and scientific research industries. The employment of laser beams in optical communication allows for more rapid, efficient, and secure data transfers than those possible through conventional radio-frequency technologies.
Space missions can benefit greatly from this technology since it allows for the transmission of important data gathered by equipment onboard spacecraft in real time or very close to real time. Optical networks can accommodate the increase in data traffic, allowing space missions to function at peak efficiency. By cutting out intermediary relays, signal delay is reduced, and responsiveness is enhanced in direct communications between spacecraft and research centers.
Spectrum allotment, power limits, encryption necessities, and export controls are only some examples of the types of regulations and policies enforced by governments worldwide. In order to prevent radio transmissions from interfering with OSC systems, governments designate certain sections of the electromagnetic spectrum for OSC use. Transmission power in OSC systems is capped in order to reduce the risk of interference. Governments frequently require encryption for OSC systems to safeguard the transmission of sensitive data. There are also restrictions on the export of OSC technology due to its possible military implications.
Standards for OSC systems have been produced by several private sector groups to assure interoperability and performance consistency, complementing government laws in this area. The International Telecommunication Union (ITU) is one such notable organization since it establishes global telecommunications standards. Standardization for optical communications is the focus of the Optical Interworking Forum (OIF), whereas the satellite sector is represented by the Satellite sector Association (SIA).
Report Coverage
Global Optical Satellite Communication research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Optical Satellite Communication report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Optical Satellite Communication competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Optical Satellite Communication market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Analytical Space, Inc. (US), ATLAS Space Operations, Inc. (US), National Aeronautics and Space Administration (US), BridgeSat Inc. (US), Maxar Technologies (US), Mitsubishi Electric Corporation (Japan), SITAEL S.p.A. (Japan), Ball Aerospace & Technologies (US), Mynaric (Germany), Laser Light Communications (US), Hisdesat Servicios Estratégicos, S.A. (Spain), among others |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Optical Satellite Communication Market from 2021 to 2030.
- Market Forecast for Optical Satellite Communication Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Optical Satellite Communication competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Optical Satellite Communication
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Optical Satellite Communication market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Optical Satellite Communication market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Analytical Space, Inc. (US), ATLAS Space Operations, Inc. (US), National Aeronautics and Space Administration (US), BridgeSat Inc. (US), Maxar Technologies (US), Mitsubishi Electric Corporation (Japan), SITAEL S.p.A. (Japan), Ball Aerospace & Technologies (US), Mynaric (Germany), Laser Light Communications (US), Hisdesat Servicios Estratégicos, S.A. (Spain), among others
Primary Target Market
- Market Players of Optical Satellite Communication
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Optical Satellite Communication market based on the below-mentioned segments:
Global Optical Satellite Communication Market, By Component
Receiver
Transmitter
Modulator
Demodulator
Others
Global Optical Satellite Communication market, By Application
Tracking & Monitoring
Surveillance & Security
Research & Space Exploration
Earth Observation
Last Mile Access
Others
Global Optical Satellite Communication Market, By Laser Type
YAG laser
Silex Laser
Microwave Laser
CO2 Laser
AIGaAs Laser Diode.
Global Optical Satellite Communication market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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