UAV satellite communication (SATCOM) market has gained significant importance over the years 2019-2022. Factors such as enabling beyond-visual-line-of-sight (BVLOS) operations, addressing size, weight, and power (SWaP) requirements for SATCOM terminals, and deploying low Earth orbit (LEO) satellite constellation technologies contribute to the overall growth of the global UAV satellite communication (SATCOM) market across various sectors.
The Europe UAV satellite communication (SATCOM) market is estimated to reach $4.09 billion by 2033 from $3.55 billion in 2022, at a growth rate of 1.36% during the forecast period 2023-2033.
Several industry participants are concentrated on technologies such as software-defined radios, integration of SATCOM with AI, and lightweight SATCOM antennae. These critical parameters enhance the flexibility and reliability of UAV communication.
Market Analysis: Trends, Data, and Growth Projections
BIS Research, a leading market research firm, has released a report titled Europe UAV Satellite Communication Market which discusses the challenges, growth factors, and future opportunities driving the remarkable growth of the UAV satellite communication market.
The Europe UAV Satellite Communication Market report focuses on several segments such as application, drone type, and region.
Key Players and Market Shares:
Satellite communication (SATCOM) in the UAV market has experienced significant progress across various sectors, including precision agriculture and environmental monitoring, surveillance, mapping, and delivery services.
Some major companies operating in the global report title are:
- Cobham Aerospace Communications
- Thales Group
- Inmarsat Global Limited
- Indra
Market Drivers, Challenges, and Opportunities:
Regulatory advancements, ongoing research, and collaboration between industry leaders are contributing factors in the growth of the Europe UAV satellite communication market.
In the UAV satellite communication (SATCOM) market, significant challenges include cybersecurity, regulatory hurdles, limited bandwidth, and supply chain issues. The primary challenge confronting the drone industry is regulatory compliance.
As the deployment of UAVs increases, generating larger data volumes, there is a rising need for high-bandwidth communication links. However, the finite availability of bandwidth can restrict the number of UAVs deployed and the volume of data transmitted.
Additionally, the development and implementation of satellite communication systems pose further challenges, collectively impacting the global UAV SATCOM market. Conversely, the demand for high-speed, low-latency, and secure communication links serves as a key driver for growth in the global UAV SATCOM market.
Related Report:
UAV Satellite Communication (SATCOM) Market
Analyst Note
BIS principal analyst suggests: The demand for UAV SATCOM solutions is growing and will only continue to grow. It is imperative for the market participants to better understand the key drone segments and use-cases where SATCOM solutions are a must-have, both from a forward-fit and a retro-fit perspective.
About BIS Research:
BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends, which can disrupt the market dynamics in the near future. We publish over 200 market intelligence studies annually, focusing on several deep technology verticals.
Our strategic market analysis emphasizes market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.
BIS Research offers syndicate as well as custom studies and expert consultations to firms, providing them with specific and actionable insights on novel technology markets, business models, and competitive landscapes.
Contact:
Head of Marketing
Email: [email protected]
BIS Research Inc.
39111 PASEO PADRE PKWY STE 313,
FREMONT, CA 94538-1686
Visit our Blog @https://bisresearch.com/insights
Get Expert Insights @https://community.insightmonk.com
Connect with us on LinkedIn @ https://www.linkedin.com/company/bis-research
Connect with us on Twitter@ https://twitter.com/BISResearch
Contact Information:
Email: [email protected]
Tags:
iCN Internal Distribution, BNN, Extended Distribution, Reportedtimes, Research Newswire, English