Airborne SATCOM Market Outlook and Industry Forecast to 2025 - PowerPoint PPT Presentation

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Airborne SATCOM Market Outlook and Industry Forecast to 2025

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The Airborne SATCOM Market size is projected to grow from $5.8 billion in 2019 to $7.8 billion by 2025, at a CAGR of 5.1% from 2019 to 2025. – PowerPoint PPT presentation

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Title: Airborne SATCOM Market Outlook and Industry Forecast to 2025


1
The Airborne SATCOM Market size is projected to
grow from USD 5.8 billion in 2019 to USD 7.8
billion by 2025, at a CAGR of 5.1 from 2019 to
2025. The market is driven by factors such as
the growing fleet of commercial
and combat aircrafts, increasing long-haul
flights
traffic, and for customized on-the-move
and passenger
demand SATCOM solutions.
Key Market Players Major players in the airborne
SATCOM market are Aselsan AS (Turkey), General
Dynamics Corporation (US), Cobham Limited (UK),
Gilat Satellite Networks Ltd (Israel), Collins
Aerospace (US), and Thales Group (France). These
players have adopted various growth strategies
such as contracts, acquisitions, expansions, new
product launches, and partnerships agreements
to expand their presence in the airborne SATCOM
market. Download PDF Brochure _at_ https//www.market
sandmarkets.com/pdfdownloadNew.asp?id264493465 Ba
sed on platform, the commercial aircraft segment
is projected to lead the market from 2019 to
2025. The growth of this segment can be
attributed to the demand for new aircraft, owing
to the rise in air passenger traffic and the
replacement of aging aircraft. Thus, expansion
of the aviation industry has led to an increase
in demand for new aircraft, which, in turn, is
projected to drive the demand for airborne
SATCOM systems. Based on application, the
commercial segment is expected to lead the market
from 2019 to 2025. An increase in long-haul
flights and passenger traffic is driving the
commercial airborne SATCOM market. Based on
component, the transceivers segment is expected
to lead the airborne SATCOM market from 2019 to
2025. Based on component, the transceiver segment
is projected to lead the market from 2019 to
2025. SATCOM transceivers allow two-way
communication using a single device. The
invention of transceivers has led to the The
airborne SATCOM market in Asia Pacific is
projected to grow at the highest CAGR from 2019
to 2025. Based on region, the airborne SATCOM
market in Asia Pacific is projected to grow at
the highest CAGR during the forecast period, due
to due to the increasing passenger
2
traffic. The growth in passenger traffic has
resulted in increased demand for new aircraft in
the region, which is anticipated to boost the
airborne SATCOM market during the forecast
period. The market in Asia Pacific is also
expected to be driven by economic growth in
countries such as India and China. Increasing
disposable income of the middle-class population
in these countries has contributed to the growth
of international tourism and air passenger
traffic. These factors are expected
fueling the Airborne Satellite
to impact the aviation industry, thereby
Communication market in this region. Ask for
Sample Report _at_
https//www.marketsandmarkets.com/requestsampleNew
.asp?id264493465 About MarketsandMarkets Marke
tsandMarkets provides quantified B2B research on
30,000 high growth niche opportunities/threats
which will impact 70 to 80 of worldwide
companies revenues. Currently servicing 7500
customers worldwide including 80 of global
Fortune 1000 companies as clients. Almost 75,000
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approach MarketsandMarkets for their painpoints
around revenues decisions. MarketsandMarketss
flagship competitive intelligence and market
research platform, "Knowledgestore" connects
over 200,000 markets and entire value chains for
deeper understanding of the unmet insights along
with market sizing and forecasts of niche
markets. Contact Mr. Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441
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