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UAV Satellite Communication (SATCOM) Market Size, Share and Growth Factors Study

04-03-2024 05:27 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: InsightAce Analytic Pvt.Ltd

/ PR Agency: InsightAce Analytic Pvt.Ltd
UAV Satellite Communication (SATCOM) Market Size, Share

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global UAV Satellite Communication (SATCOM) Market Size, Share & Trends Analysis Report By Application (Marine Surveillance, Disaster Management, Surveying and Mapping, Industrial Inspection and Monitoring, Military ISR, Agriculture and Forestry, Civil Surveillance, and Cinematography), Drone Type (fixed wing and rotary wing), Frequency Band (Ku Band, Ka Band, X Band, C Band, S Band, L Band, Q Band, and V Band), And Component (Antennae, Amplifier, Upconverter, Downconverter, Analog-to-Digital Converter, Digital-to-Analog Converter, Modulator, Demodulator, Encoder, Decoder, Scrambler, Descrambler, Multiplexer, Demultiplexer, User Interface, Wiring Solution, Power Unit, and Casing)- Market Outlook And Industry Analysis 2031"

The global UAV Satellite Communication (SATCOM) market is estimated to reach over USD 10.41 billion by 2024-2031, exhibiting a CAGR of 1.56% during the forecast period.

Get a free sample copy of the report: https://www.insightaceanalytic.com/request-sample/1796

The COVID-19 pandemic had a significant detrimental impact on the space industry in 2020. Major satellite firms saw an unprecedented decline due to production problems and supply chain disruptions under government-enforced border restrictions. As a result, consumer business contracts and other agreements were put on hold. As a result of OEMs' low production rates and decreased procurement contracts, the COVID-19 pandemic hurt the significant market growth in 2020. However, many countries are opening their borders and reducing trade and travel barriers, creating a sophisticated market.

NASA is resuming production of the Artemis mission in 2021. India's first geo-imaging satellite launch (GISAT-1) was delayed due to the nationwide coronavirus outbreak. It is the country's first earth observation. Furthermore, as of January 2021, 3,372 of the 6,542 artificial satellites that the Union of Concerned Scientists (UCS) has documented orbiting the planet are functioning spacecraft. Artificial satellites transport image, audio, and video data in analogue and digital signal modes among many nodes in a network. The proliferation of reusable rocket vehicles for commercial, military, and aerospace applications and the rise of mobile satellites in low-Earth orbit (LEO) have all impacted the Satcom industry.

List of Prominent Players in the UAV Satellite Communication (SATCOM) Market:
• Honeywell International Inc.
• Cobham Aerospace Communications
• Thales Group
• Get SAT Ltd.
• Viasat Inc.
• Harvest Technology Group Pty Limited.
• SKYTRAC Systems Ltd.
• Gilat Satellite Networks
• Inmarsat Global Limited
• CTECH
• Indra
• Cowave Communication Technology Co., Ltd
• Orbit Communication Systems Ltd.
• Hughes Network Systems, LLC

Market Dynamics:
Drivers-

The use of autonomous technology is based on cloud computing, data analytics, and artificial intelligence. These innovations help to enhance flying operations. The military also uses autonomous technology for various combat activities and for managing the battlefield. Real-time data received from the systems' actual locations are provided by the sensors that have been installed in them.

It is further examined and put to use in tracking and health monitoring systems. It comprises the effectiveness of parts and systems, MRO operations (Maintenance, Repair, and Overhaul), and route mapping and navigational needs. These would reduce operational costs while increasing the overall efficiency of the corresponding systems.

Challenges:

Despite being a relatively recent phenomenon, cyber-security threats to satellite communication pose a serious risk to the long-term viability of satellite systems. These mission-critical vulnerabilities affect the communications, launch systems, tracking and command, and telemetry systems.

Such satellite communication aspects strongly rely on trustworthy and secure communication channels. Because satellite and cyberspace activities are interdependent, it is crucial for international organizations to establish a legal standard that would safeguard satellites and their communications. However, market expansion is hampered when transgressions of international law take the form of cyber incidents that seriously harm satellite-based communication.

Regional Trends:

n 2022, North America dominated the market. Increased government expenditure on military and government communication networks is responsible for the expansion. Asia Pacific is predicted to experience a considerable CAGR during the projection period. Countries like China and Japan are significantly responsible for the contribution and growth of this region. The rise of the regional market over the anticipated period is attributable to the rising use of satellite antennas in the communications, IT, aerospace, and automotive industries.

Furthermore, because of the modernization of its infrastructure and the increase in travelers engaging in marine and coastal tourism, Europe is anticipated to develop at the second-fastest rate. The proliferation of 5G installations across the country has also boosted the demand for Low Earth Orbit (LEO) satellites to offer backhaul networks for remote or inaccessible locations. LEO spacecraft offer lower latency in Satcom in addition to the technological advancements in geostationary (GEO) satellites that enable high throughput and improved durability.

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Recent Developments:

• In May 2023, VersaWave, a novel compact satcom system with 5G, has been introduced by Honeywell for the Advanced Air Mobility (AAM) and Unmanned Aerial Systems (UAS) industries. VersaWave combines satcom, cellular (5G, 4G, 3G), Wi-Fi, and Bluetooth connectivity in a compact, lightweight device. These new connectivity features enable beyond-visual-line-of-sight (BVLOS) communication for the AAM and UAS industries in a very tiny and lightweight device for its class of performance.

• In January 2022, The South Korean aerospace and defense business LIG Nex1 Co. Ltd and Thales Alenia Space, a collaborative venture between Thales (67%) and Leonardo (33%), announced that they had signed a contract for the supply of an advanced technology Digital Processor for the GEO-KOMPSAT-3 communications satellite. An effective, fully reprogrammable digital processor that combines transparent and regenerative signal processing via Digital Channelizer Units (DCU) and On-Board Processing Units (OBPU) sections, respectively, is part of the Ka-band Flexible Broadband Communication System payload.

Segmentation of UAV Satellite Communication (SATCOM) Market-
By Application-

• Agriculture and Forestry
• Cinematography
• Civil Surveillance
• Disaster Management
• Industrial Inspection and Monitoring
• Marine Surveillance
• Military ISR
• Surveying and Mapping

By Drone Type-
• Fixed Wing
o Medium-Altitude Long-Endurance (MALE)
o High-Altitude Long-Endurance (HALE)
o Mini UAVs
o VTOL
• Rotary Wing
o Single-Rotor
o Multi-Rotor

By Frequency Band-
• Ku Band
• Ka Band
• X Band
• C Band
• S Band
• L Band
• Q Band
• V Band

By Component-
• Amplifier
• Analog-to-Digital Converter
• Antennae
• Casing
• Decoder
• Demodulator
• Demultiplexer
• Descrambler
• Digital-to-Analog Converter
• Downconverter
• Encoder
• Modulator
• Multiplexer
• Power Unit
• Scrambler
• Upconverter
• User Interface
• Wiring Solution

By Region-
North America-
• The US
• Canada
• Mexico

Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific

Latin America-
• Brazil
• Argentina
• Rest of Latin America

Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

For More Customization @ https://www.insightaceanalytic.com/report/uav-satellite-communication-satcom-market-/1796

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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions.
Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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