Global Optical Satellite Communications Market Report 2022


New York, Sept. 30, 2022 (GLOBE NEWSWIRE) — announces the release of the “Optical Satellite Communication Global Market Report 2022” –
Mitsubishi Electric Corporation, SITAEL SpA, Ball Aerospace & Technologies Corp., Bridgecomm Inc, Clutch Space Systems, Skyloom Global Corp., Hfcl Limited, Aperture Optical Sciences Inc, Honeywell Aerospace, Synspective Inc, Toray International Inc. and Transcelestial Technologies.

The global optical satellite communications market is expected to grow from $8.50 billion in 2021 to $10.46 billion in 2022 at a compound annual growth rate (CAGR) of 23.1%. The optical satellite communications market is expected to reach $22.55 billion in 2026 with a CAGR of 21.2%.

The optical satellite communication market consists of the sale of optical satellite communication devices by entities (organizations, individual traders and partnerships) that are used to provide signals around the earth that help in providing effective communication between widely separated geographical points.Optical Satellite Communication (OSC) refers to a space-based digital data transmission system that uses an optical transmitter that encrypts a message into an optical signal.

It is a technology that involves the use of optical fibers for communication purposes.

The major types of components in the optical satellite communications market are transmitter, receiver, modulator, demodulator and others. The transmitter is a device that converts information into light waves at the sending point.

A laser beam carries data through space, after which it is received by an optical receiver, which decodes the signal and sends it to its destination, where another optical-electrical converter translates it back into electrical signals for further processing. . The different types of laser include YAG laser, flint laser, microwave laser, CO2 laser, and AIGaAs diode laser, which are used in several applications such as backhaul, surveillance and security, tracking and surveillance, earth observation, enterprise connectivity, research and space exploration. , telecommunications and others.

North America was the largest region in the optical satellite communications market in 2021. The regions covered in the optical satellite communications market report are Asia-Pacific, Western Europe, Eastern Europe, East, North America, South America, Middle East and Africa.

The Optical Satellite Communication Market research report is one of a series of new reports that provide statistics on the Optical Satellite Communication market, including the global market size of the communication industry optical satellite communication, regional shares, competitors holding optical satellite communication market share, detailed segments of the optical satellite communication market. , market trends and opportunities, and any other data you may need to thrive in the Optical Satellite Communications industry. This Optical Satellite Communication Market research report provides a comprehensive perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Rising smartphone penetration is expected to propel the growth of the optical satellite communications market in the future. Smartphones refer to portable electronic gadgets with features such as internet and built-in software applications that can perform computing functions.

Smartphones depend on optical satellite communication to function properly as this satellite communication helps in delivering communication signals in remote areas. For example, in 2021, according to the National Health Authority of India, an Indian government agency, there were 1.18 billion mobile connections, 600 million smartphones and 700 million internet users in India, increasing by 25 million every trimester. Hence, increasing penetration of telephone users is driving the growth of optical satellite communications market.

The emergence of laser communication relay systems has become a key trend that is gaining popularity in the optical satellite communication market. Major companies operating in the optical satellite communications industry are focusing on developing new advanced systems to maintain their position in the market.

For example, in 2021, NASA, a US-based space agency, launched its new Laser Communications Relay Demonstration System (LCRD). The LCRD will help the agency with optical communication in space.

It will use optical communications instead of radio communications, which will help increase bandwidth by 10 to 100 times more than radio frequency systems.

In November 2021, CACI, a US-based information technology company, acquired SA Photonics for $275 million. With this acquisition, CACI will expand its capabilities and services in the areas of Free Space Optical (FSO), laser communications provider, supporting space and airborne and ground communications.

SA Photonics is a US-based company that manufactures, designs and develops advanced optical communications systems.

The countries covered in the Optical Satellite Communications market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea , the United Kingdom and the United States.
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