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.
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.
ASELSAN A.Ş.; 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.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 1,676.03 Million |
| Market Size by 2028 | US$ 2,950.57 Million |
| CAGR (2022 - 2028) | 9.9% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Platform
|
|
Regions and Countries Covered
|
|
| Europe | UK, Germany, France, Russia, Italy, Rest of Europe |
| Market leaders and key company profiles |
|
The Europe Airborne SATCOM Market is valued at US$ 1,676.03 Million in 2022, it is projected to reach US$ 2,950.57 Million by 2028.
As per our report Europe Airborne SATCOM Market, the market size is valued at US$ 1,676.03 Million in 2022, projecting it to reach US$ 2,950.57 Million by 2028. This translates to a CAGR of approximately 9.9% during the forecast period.
The Europe Airborne SATCOM Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Airborne SATCOM Market report:
The Europe Airborne SATCOM Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Airborne SATCOM Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Airborne SATCOM Market value chain can benefit from the information contained in a comprehensive market report.
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