Airborne SATCOM market is expected to grow from $ 5.8 billion in 2021 to $ 7.8 billion in 2025, growing at a CAGR of 5.1% from 2021 to 2025. Flights from long distances and increased passenger traffic, demand for customized Airborne SATCOM mobility solutions. Leading Airborne SATCOM equipment / system manufacturers are also introducing advancements in SATCOM equipment used in commercial aircraft, military aircraft, and UAVs.
Market Drivers and Restraints:
OEMs’ focus on next-generation airborne platform integration, growing demand for custom SATCOM mobile solutions, and increasing adoption of SATCOM transceivers are drivers of growth in the global airborne SATCOM market. However, cyber security concerns and the high cost of satellite services are hampering market growth. In contrast, an ultra-compact SATCOM terminal for tactical UAVs and an improved passenger experience open up new avenues for the industry. Real-time data exchange between IoT systems and components depends on satellite connectivity. Therefore, airborne satellite communications will play an important role in IoT services together with the aviation industry, which will drive the growth of the market during the forecast period. The growing demand for SATCOM equipment in the fields of telecommunications, space exploration and telemetry will significantly drive the market up to the forecast period. The use of satellite communications in transport networks, including logistics, is expected to increase in the coming years, providing new and diverse growth opportunities for the global market.
To know more read:
https://www.marketdataforecast.com/market-reports/global-airborne-SATCOM-market
Report is segmented as:
Airborne SATCOM Market-By Installation:
● New Installation
● Upgradation
Airborne SATCOM Market-By component:
● SATCOM Terminal
● Transceivers
● Airborne Radio
● Modems & Routers
● SATCOM Radomes
Airborne SATCOM Market-By Application:
● Government & Defense
● Commercial
Ask for a sample report @ https://www.marketdataforecast.com/market-reports/global-airborne-SATCOM-market/request-sample
Geographical Segmentation:
By region, the airborne SATCOM Aviation market in Asia Pacific is projected to grow at the highest CAGR during the forecast period due to passenger growth. The increase in passenger traffic has increased the demand for new aircraft in the region, which is expected to drive the airborne SATCOM aviation market during the forecast period. The Asia Pacific market is also expected to be driven by economic growth in countries such as India and China. The increase in disposable income of the middle-class population in these countries has contributed to the growth of international tourism and passenger air transport. These factors are expected to affect the aviation industry, boosting the aviation satellite communications market in the region.
Impact of COVID-19 on Global Airborne SATCOM Market:
All government policies imposed during the pandemic, the temporary shutdown of manufacturing equipment, the state of supply chains and distributors, and their future impact on the general market growth. Airborne SATCOM is facing short-term operational challenges due to movement restrictions related to the COVID-19 outbreak. Organizations are running low on financial resources due to project delays due to supply chain restrictions and lack of site access due to the COVID-19 outbreak. Any interruption in the ongoing installation or upgrade process will affect public prices and demand for SATCOM.The airline industry is deeply affected by widespread economic closures, travel bans, and airline cancellations caused by Covid-19
Industry Reports 