Market Overview:
The global laser communications terminals (LCTs) market is expected to grow at a CAGR of 10.5% from 2018 to 2030. The market growth is attributed to the increasing demand for high-speed and reliable communication systems across the globe. Laser communication systems offer high data rates with low latency, which makes them suitable for various applications such as military use, civil use, and others. Based on type, the global LCTs market can be segmented into low earth orbit (LEO) laser communications and geosynchronous orbit (GEO) laser communications. LEO-based systems are smaller in size and have a shorter range as compared to GEO-based systems; however, they are more affordable and easier to deploy than GEO-based systems. On the other hand, GEO-based systems offer higher data rates than LEO-based systems but are expensive and require more time for deployment. Based on application, the global LCTs market can be segmented into military use and civil use. The military sector accounts for a major share of the global LCTs market owing to increasing demand for secure communication networks worldwide. Civil applications include telecommunications, broadcasting & media services,, maritime transportation & logistics etc., which are witnessing rapid growth due to rising urbanization levels across regions such as Asia Pacificand Latin America .
Product Definition:
A Laser Communications Terminal (LCT) is a ground terminal that enables two-way laser communication with orbiting satellites. LCTs are used for military and commercial applications, such as providing secure communications, distributing large amounts of data quickly, and exchanging images and video.
Low Earth Orbit Laser Communications:
Low earth orbit (LEO) laser communications is a type of satellite communication that uses lasers to transmit data from one point to another with the help of satellites. The system works on the basis of transponder leasing and shared bandwidth. In LEO, low earth orbit, or lower geosynchronous orbit as it is commonly known, refers to an elliptical path around the equator which allows satellites to remain in position over a particular spot on Earth’s surface all the time.
Geosynchronous Orbit (GEO) Laser Communications:
Geosynchronous orbit (GEO) laser communications and it's usage in LCTs market is a system that enables communication between two parties over long distances with the use of lasers. The system works on the basis of reflecting light from one satellite to another satellite, which is then received and repeated in the other end.
Application Insights:
The military use segment dominated the global laser communications terminals market in 2017. The growth of this segment can be attributed to the increasing adoption of these terminals for communication and tracking purposes in defense applications. Moreover, countries such as China, India and Australia are focusing on enhancing their defense capabilities which is expected to drive demand over the forecast period.
The civil use segment is anticipated to witness significant growth over the forecast period owing to increased usage of these devices for communication purposes and data transfer services across industries such as oil & gas, utilities, transportation & logistics among others. Lasercom systems are used by governments worldwide for various applications including disaster response/relief operations where high-speed data transfer services are required by remote monitoring stations or field units. These systems also provide enhanced coverage areas with low power consumption which helps operators reduce costs while improving service quality.
Regional Analysis:
The North American regional market dominated the global laser terminals market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing military expenditure by countries such as the U.S., China, and Russia coupled with increased adoption of these systems for communication between ships at sea, aircrafts in air, and ground troops on land. Moreover, presence of key players such as Boeing; Lockheed Martin Corporation; Raytheon Technologies Corporation; Harris Corporation; General Dynamics Mission Systems LLC.; Optech Inc.; L-3 Communications Holdings Inc.; Thales Group USA LLC is also contributing towards growth of this regional market.
Asia Pacific regional laser communications terminals (LCT) market is anticipated to grow at a lucrative rate over the forecast period owing to increasing number of space programs being undertaken by various countries including India, Japan etc.
Growth Factors:
- Increasing demand for high-speed and bandwidth-intensive applications such as 4K/8K video, cloud storage, and big data analytics is expected to drive the growth of the LCT market.
- Growing number of satellite launches and increasing investments in space exploration are anticipated to create opportunities for the LCT market growth.
- Proliferation of 5G networks is expected to increase demand for LCTs as they are essential components for delivering high-speed wireless communication services.
- Development of new optical technologies such as coherent detection is projected to fuel the growth of the LCT market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Communications Terminals (LCTs) Market Research Report
By Type
Low Earth Orbit Laser Communications, Geosynchronous Orbit (GEO) Laser Communications
By Application
Military Use, Civil Use
By Companies
Ball Aerospace, Astrobotic Technology, Tesat-Spacecom, BRIDGECOMM, HENSOLDT, Laser Light Companies, Archangel Lightworks, L3 Technologies, Space Micro, Beam Communications, Ball Aerospace, Optical Physics Company, AIRBUS, Iridium Communications
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Laser Communications Terminals (LCTs) Market Report Segments:
The global Laser Communications Terminals (LCTs) market is segmented on the basis of:
Types
Low Earth Orbit Laser Communications, Geosynchronous Orbit (GEO) Laser Communications
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military Use, Civil Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ball Aerospace
- Astrobotic Technology
- Tesat-Spacecom
- BRIDGECOMM
- HENSOLDT
- Laser Light Companies
- Archangel Lightworks
- L3 Technologies
- Space Micro
- Beam Communications
- Ball Aerospace
- Optical Physics Company
- AIRBUS
- Iridium Communications
Highlights of The Laser Communications Terminals (LCTs) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Earth Orbit Laser Communications
- Geosynchronous Orbit (GEO) Laser Communications
- By Application:
- Military Use
- Civil Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laser Communications Terminals (LCTs) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Laser Communications Terminals (LCTs) are a type of telecommunications terminal that uses lasers to send and receive data. They are used in applications such as point-to-point communication, remote monitoring, and machine control.
Some of the major companies in the laser communications terminals (lcts) market are Ball Aerospace, Astrobotic Technology, Tesat-Spacecom, BRIDGECOMM, HENSOLDT, Laser Light Companies, Archangel Lightworks, L3 Technologies, Space Micro, Beam Communications, Ball Aerospace, Optical Physics Company, AIRBUS, Iridium Communications.
The laser communications terminals (lcts) market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Communications Terminals (LCTs) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Laser Communications Terminals (LCTs) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Laser Communications Terminals (LCTs) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Laser Communications Terminals (LCTs) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Laser Communications Terminals (LCTs) Market Size & Forecast, 2018-2028 4.5.1 Laser Communications Terminals (LCTs) Market Size and Y-o-Y Growth 4.5.2 Laser Communications Terminals (LCTs) Market Absolute $ Opportunity
Chapter 5 Global Laser Communications Terminals (LCTs) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Laser Communications Terminals (LCTs) Market Size Forecast by Type
5.2.1 Low Earth Orbit Laser Communications
5.2.2 Geosynchronous Orbit (GEO) Laser Communications
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laser Communications Terminals (LCTs) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Laser Communications Terminals (LCTs) Market Size Forecast by Applications
6.2.1 Military Use
6.2.2 Civil Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Communications Terminals (LCTs) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Laser Communications Terminals (LCTs) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Laser Communications Terminals (LCTs) Analysis and Forecast
9.1 Introduction
9.2 North America Laser Communications Terminals (LCTs) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Laser Communications Terminals (LCTs) Market Size Forecast by Type
9.6.1 Low Earth Orbit Laser Communications
9.6.2 Geosynchronous Orbit (GEO) Laser Communications
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Laser Communications Terminals (LCTs) Market Size Forecast by Applications
9.10.1 Military Use
9.10.2 Civil Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Laser Communications Terminals (LCTs) Analysis and Forecast
10.1 Introduction
10.2 Europe Laser Communications Terminals (LCTs) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Laser Communications Terminals (LCTs) Market Size Forecast by Type
10.6.1 Low Earth Orbit Laser Communications
10.6.2 Geosynchronous Orbit (GEO) Laser Communications
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Laser Communications Terminals (LCTs) Market Size Forecast by Applications
10.10.1 Military Use
10.10.2 Civil Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Laser Communications Terminals (LCTs) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laser Communications Terminals (LCTs) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Laser Communications Terminals (LCTs) Market Size Forecast by Type
11.6.1 Low Earth Orbit Laser Communications
11.6.2 Geosynchronous Orbit (GEO) Laser Communications
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Laser Communications Terminals (LCTs) Market Size Forecast by Applications
11.10.1 Military Use
11.10.2 Civil Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Laser Communications Terminals (LCTs) Analysis and Forecast
12.1 Introduction
12.2 Latin America Laser Communications Terminals (LCTs) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Laser Communications Terminals (LCTs) Market Size Forecast by Type
12.6.1 Low Earth Orbit Laser Communications
12.6.2 Geosynchronous Orbit (GEO) Laser Communications
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Laser Communications Terminals (LCTs) Market Size Forecast by Applications
12.10.1 Military Use
12.10.2 Civil Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Laser Communications Terminals (LCTs) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laser Communications Terminals (LCTs) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Laser Communications Terminals (LCTs) Market Size Forecast by Type
13.6.1 Low Earth Orbit Laser Communications
13.6.2 Geosynchronous Orbit (GEO) Laser Communications
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Laser Communications Terminals (LCTs) Market Size Forecast by Applications
13.10.1 Military Use
13.10.2 Civil Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Laser Communications Terminals (LCTs) Market: Competitive Dashboard
14.2 Global Laser Communications Terminals (LCTs) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ball Aerospace
14.3.2 Astrobotic Technology
14.3.3 Tesat-Spacecom
14.3.4 BRIDGECOMM
14.3.5 HENSOLDT
14.3.6 Laser Light Companies
14.3.7 Archangel Lightworks
14.3.8 L3 Technologies
14.3.9 Space Micro
14.3.10 Beam Communications
14.3.11 Ball Aerospace
14.3.12 Optical Physics Company
14.3.13 AIRBUS
14.3.14 Iridium Communications