Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Laser Communications Terminals (LCTs) Market by Type (Low Earth Orbit Laser Communications, Geosynchronous Orbit (GEO) Laser Communications), By Application (Military Use, Civil Use) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Laser Communications Terminals (LCTs) Market by Type (Low Earth Orbit Laser Communications, Geosynchronous Orbit (GEO) Laser Communications), By Application (Military Use, Civil Use) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 251395 4200 Electronics & Semiconductor 377 166 Pages 4.5 (49)
                                          

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 .


Global Laser Communications Terminals (LCTs) Industry Outlook


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:

  1. Ball Aerospace
  2. Astrobotic Technology
  3. Tesat-Spacecom
  4. BRIDGECOMM
  5. HENSOLDT
  6. Laser Light Companies
  7. Archangel Lightworks
  8. L3 Technologies
  9. Space Micro
  10. Beam Communications
  11. Ball Aerospace
  12. Optical Physics Company
  13. AIRBUS
  14. Iridium Communications

Global Laser Communications Terminals (LCTs) Market Overview


Highlights of The Laser Communications Terminals (LCTs) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Low Earth Orbit Laser Communications
    2. Geosynchronous Orbit (GEO) Laser Communications
  1. By Application:

    1. Military Use
    2. Civil Use
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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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Global Laser Communications Terminals (LCTs) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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