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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Airborne SATCOM Market Size
The global airborne SATCOM market stood at a value of around USD 5.0 billion in 2021. The market is further expected to grow at a CAGR of 9.8% in the forecast period of 2024-2032 to attain a value of nearly USD 9.1 billion by 2027.
Airborne SATCOM Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2021, the global airborne SATCOM market attained a value of nearly USD 5.0 billion.
The market is projected to grow at a CAGR of 9.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 9.8 billion by 2027.
The major drivers of the industry, such as the increased demand in defence applications, rising passenger traffic, increased demand for air transportation services, heightened government investments in the development of defence infrastructure, and the rising investments in the research and development of airborne SATCOM technology by the leading manufacturers, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the rapid technological advancements.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant components include SATCOM terminals, transceivers, airborne radio, modems and routers, SATCOM radomes, and others.
The significant platforms include commercial aircraft, military aircraft, business jets, helicopters, and unmanned aerial vehicles.
The significant installation types include new installation and upgradation.
The different frequencies include UHF-band, L-band, S-band, C-band, X-band, Ku-band, and Ka-band.
The major applications include government and defence and commercial.
The major players in the industry are Aselsan A.S., Collins Aerospace, Honeywell International Inc., General Dynamics Corporation, Cobham Aerospace Communications, and others.
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