The airborne SATCOM market in North America is expected to grow from US$ 3,909.70 million in 2022 to US$ 2,490.43 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2022 to 2028.
As the airborne in the 21st century is becoming ever more network-centric, satellite communication technology is moving to its next generation, and demand for it is increasing. In the current environment, a connected pilot should have network capabilities that allow real-time information sharing to accomplish mission requirements and preserve operational capability. Due to the large area of responsibility (AOR), it become a difficult task for communication in air that is why to improve communication the SATCOM is important. The introduction of modern airborne SATCOM systems in commercial and military applications is driving demand for new aircraft. Network-centric warfare, which permits communication across all sensors, weapons, and platforms spread across the battle space, has been highlighted by air forces worldwide. SATCOM is a vital component in creating and realizing network-centric capabilities for aircraft. On air-to-ground, air-to-air, ship-to-air, and air-to-ship platforms, SATCOM technology design elements provide communication channels. The communication satellite terminals make it easier to integrate communication networks on mobile platforms, helicopters, defense aircraft, and commercial aircraft. Airborne SATCOM systems continually undergo technological advancements to ensure high performance. Further, in June 2021, Honeywell offered specifically designed for military and governmental aircraft. Officially known as JetWave MCX, the solution expands on the success of earlier JetWave products and features technical improvements specifically intended for military customers. As a result, the airborne SATCOM market increases the demand for advanced communication solutions.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America airborne SATCOM market. The North America airborne SATCOM market is expected to grow at a good CAGR during the forecast period.
North America Airborne SATCOM
Market Revenue and Forecast to 2028 (US$ Million)
Strategic insights for the North America Airborne SATCOM provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the North America Airborne SATCOM refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.North America Airborne SATCOM Strategic Insights
North America Airborne SATCOM Report Scope
Report Attribute
Details
Market size in 2022
US$ 3,909.70 Million
Market Size by 2028
US$ 2,490.43 Million
Global CAGR (2022 - 2028)
5.2%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Platform
By Component
By Application
Regions and Countries Covered
North America
Market leaders and key company profiles
North America Airborne SATCOM Regional Insights
North America Airborne SATCOM Market Segmentation
North America airborne SATCOM market is segmented into platform, component, application, and country.
Astronics Corporation; Cobham Limited; Collins Aerospace; General Dynamics Mission Systems, Inc.; Honeywell International Inc.; L3Harris Technologies, Inc.; Orbit Communications Systems Ltd.; Thales Group; and Viasat, Inc. are among the leading companies in the airborne SATCOM market in the region.
The North America Airborne SATCOM Market is valued at US$ 3,909.70 Million in 2022, it is projected to reach US$ 2,490.43 Million by 2028.
As per our report North America Airborne SATCOM Market, the market size is valued at US$ 3,909.70 Million in 2022, projecting it to reach US$ 2,490.43 Million by 2028. This translates to a CAGR of approximately 5.2% during the forecast period.
The North America Airborne SATCOM Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Airborne SATCOM Market report:
The North America Airborne SATCOM Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Airborne SATCOM Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Airborne SATCOM Market value chain can benefit from the information contained in a comprehensive market report.