The global space-based lasercom terminals market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing number of satellite launches globally. Since 1957, after the launch of the first satellite, Sputnik 1 more than 8,900 satellites have been launched. With this increased number of satellites, there was a need for faster retransmission of the information back to the Earth due to that there is a growing demand for global space-based lasercom terminals.
Get Free Sample link @ https://www.omrglobal.com/request-sample/space-based-lasercom-terminals-market
Some of the key global players in the space-based lasercom terminal market include AAC Clyde Space (Hyperion Technologies), Analytical Space Operation, Ball Corporation, BridgeComm, General Atomics, HENSOLDT, Honeywell International, Laser Light Communication (Halo Network), and many others. In September 2019, Xenesis signed an agreement with Hartwell Capitol Consulting for $212 million in that the company supplied laser terminals for high-speed data transfer between the space and ground communications. Astrogate Labs, a Bengaluru based startup launched in 2017, was developed by Astro-Link which is a laser-based communication system used for the transmission of data from space to the ground and vice-a-versa. It is estimated that more than 17,000 small satellites will be launched by 2030 in the Low Earth Orbit that will fuel the growth of the space-based lasercom terminal market.
full report of Space-Based Lasercom Terminals Market available @ https://www.omrglobal.com/industry-reports/space-based-lasercom-terminals-market
- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Space-Based Lasercom Terminals Market by Segments
By End-User
o Government
o Military
o Commercial
By Application
o Earth Observation
o Technology development
o Remote sensing
o Communication
o Surveillance
o Security
Global Space-Based Lasercom Terminals Market by Regions
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/space-based-lasercom-terminals-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
