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The Global UAV Satellite Communication (SATCOM) Market Size is valued at 9.23 billion in 2023 and is predicted to reach 10.45 billion by the year 2031 at a 1.62% CAGR during the forecast period for 2024-2031.
The UAV Satellite Communication (SATCOM) industry is growing due to the increasing need for mobile satellite services and small satellites for earth observation services in the energy, oil & gas, defense, and agricultural sectors. The current communication infrastructure includes an artificial satellite in a network known as satellite communication (Satcom).
The market is anticipated to develop as a result of this. There are several different orbits in which satellites are placed, including geostationary, elliptical, Molniya, and low Earth orbits. Typical satellite communications (Satcom) uses include broadcasting TV and radio shows as well as traditional point-to-point communications and mobile apps. In order to improve communication infrastructure, satellite communication has been used by rural and underdeveloped communities globally.
Additionally, the spread of intelligent transportation systems (ITS) has been foreshadowed by the adoption of next-generation technologies like AI and IoT. Real-time vehicle tracking made possible by ITS allows users and goods operators to share and receive information quickly. Satcom in transportation allows uninterrupted and seamless data transmission among the vehicle and transport hub, effectively replacing the requirement for terrestrial networks. Therefore, using satellites in the transport and logistics network offers subsequent growth opportunities for the satellite communication market.
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.
Competitive Landscape:
Some of the UAV satellite communication (SATCOM) Market Players include:
- Cobham Aerospace Communications
- Cowave Communication Technology Co., Ltd
- CTECH
- Get SAT Ltd.
- Gilat Satellite Networks
- Harvest Technology Group Pty Limited.
- Honeywell International Inc.
- Hughes Network Systems, LLC
- Indra
- Inmarsat Global Limited
- Orbit Communication Systems Ltd.
- SKYTRAC Systems Ltd.
- Thales Group
- Viasat Inc.
Market Segmentation:
The UAV Satellite Communication (SATCOM) market is segmented on the basis of application, drone type, frequency band, and component. Application segment includes Marine Surveillance, Disaster Management, Surveying and Mapping, Industrial Inspection and Monitoring, Military ISR, Agriculture and Forestry, Civil Surveillance, and Cinematography. The drone-type segment includes fixed wing and rotary wing. Frequency band segment includes Ku Band, Ka Band, X Band, C Band, S Band, L Band, Q Band, and V Band. The component segment includes 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.
Based On Application, The Military ISR Segment Is Accounted As A Major Contributor In The UAV Satellite Communication (SATCOM) Market
The segment is growing as a result of rising investments in the space industry and an increase in the number of launches of communication satellites. As more defense forces use next-generation gadgets for real-time information, the military apps and navigation industry will experience tremendous growth.
Antenna Segment Witness Growth At A Rapid Rate
Satellite communications depend on transponders and antennas. By necessity, antennas mounted on satellites are utilized for both signal reception and signal transmission. The satellite's antennas pick up signals uplinked (broadcast) from numerous Earthly sources.
In The Region, The North America UAV Satellite Communication (SATCOM) Market Holds Significant Revenue Share
The majority of worldwide revenue came from North America, which controlled the market. This is explained by the military's and defense industry's rising need for constant contact, which led to the U.S. defense department's widespread deployment of satellite communication technology. Additionally, numerous satellite communication service providers, including Telesat, Viasat, Inc., and EchoStar Corporation, support market expansion. Additionally, over the next few years, it is anticipated that the regional market will grow significantly as a result of the upgrading of military communication infrastructure.
UAV Satellite Communication (SATCOM) Market Report Scope:
|
Report Attribute |
Specifications |
|
Market size value in 2023 |
USD 9.23 Bn |
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Revenue forecast in 2031 |
USD 10.45 Bn |
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Growth rate CAGR |
CAGR of 1.562% from 2024 to 2031 |
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Quantitative units |
Representation of revenue in US$ Billion, and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Application, Drone Type, Frequency Band, And Component |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
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 and Hughes Network Systems, LLC. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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