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Satellite Laser Communication Market Trends

  • Report ID: GMI9958
  • Published Date: Jun 2024
  • Report Format: PDF

Satellite Laser Communication Market Trends

Satellite laser communication is expanding beyond inter-satellite links to include direct communication between satellites and ground stations. Space-to-ground laser communication offers higher data transfer rates, lower latency, and greater security compared to traditional RF systems, making it suitable for applications such as Earth observation, remote sensing, and space exploration. For example, China has achieved a significant breakthrough in satellite-ground laser high-speed image transmission with the successful test of its first ultra-high-speed laser image transmission between satellites. This milestone was achieved through the Changguang Satellite Technology (CGST) company, which conducted the test using its Jilin-1 02A 01 and 02 satellites. The test reached a bandwidth of up to 100 Gbps, marking a significant improvement over traditional microwave data transmission bandwidth.
 

There are investments from governments, aerospace companies, and telecommunications providers in research, development, and deployment of satellite laser communication technology. For example, in February 2024, The Netherlands Space Office (NSO) signed an agreement to proceed with a approx. USD 45 million investment in laser satellite communication technology. This investment is part of the country's national space policy and aims to develop and supply laser satellite communication technology. This surge in investments and collaborations is propelling the development of next-generation satellite laser communication systems with enhanced performance, reliability, and affordability.
 

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Global industry size for satellite laser communication was valued at USD 702 million in 2023 and is anticipated to register 40% CAGR between 2024 and 2032 due to increasing adoption of space-based services and government initiatives and investments.

The commercial segment in the satellite laser communication market is expected to reach USD 5.5 billion by 2032 driven by the increasing demand for high-speed and reliable communication services among commercial entities.

North America market held 30% revenue share in 2023 driven by aerospace giants, research institutions, advanced infrastructure, regulatory support, and high demand for bandwidth-intensive applications.

Airbus SE, Ball Aerospace & Technologies Corp., L3Harris Technologies, Inc., Lockheed Martin Corporation, Mynaric AG, NEC Corporation, and Axelspace Corporation.

Satellite Laser Communication Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 313
  • Countries covered: 21
  • Pages: 270
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