Space based Laser Communication Market Analysis and Forecast Upto 2031

Market Research Report

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1.1   Industry Outlook
1.1.1   Space-based Laser Communication Market: An Overview
1.2   Current and Emerging Technological Trends
1.2.1   Emergence of Mobile Ground Station
1.2.2   Multicarrier Modulation (MCM) to Increase Operational Efficiency of Satellite Connectivity
1.3   Mega Constellation: A Growth Factor in Space-based Laser Communication Market
1.3.1   Increasing Deployment of Mega Constellation
1.4   Ongoing and Upcoming Projects
1.4.1   NASA’s Laser Communications Relay Demonstration (LCRD)
1.4.2   Xen-Hub Laser Terminal Demonstration on Bartolomeo Platform
1.4.3   Warp-Hub Intersatellite Communication
1.4.4   European Data Relay System (EDRS)
1.4.5   eLISA- Evolved Laser Interferometer Space Antenna
1.5   Start-Ups and Investment Scenario
1.6   Supply Chain Analysis
1.7   Business Dynamics
1.7.1   Business Drivers
1.7.1.1   Rising Number of Satellite Launches for Communication and Earth Observation
1.7.1.2   Alternative Solution to the Overburdened Optical Technology
1.7.2   Business Challenges
1.7.2.1   Difficulties in Creating Laser Communication Between Satellite and Ground Station
1.7.2.2   Unfavorable Government Regulations
1.7.3   Business Opportunities
1.7.3.1   Connectivity Requirements in Rural Areas and Developing Countries
1.7.3.2   Growing Demand for High Speed and Secure Communication Network
1.8   Business Strategies
1.8.1.1   Partnerships, Collaborations, Agreements, and Contracts
1.8.1.2   Mergers and Acquisitions
1.8.1.3   Others

2.1   Global Space-based Laser Communication Market (by End User)
2.1.1   Market Overview
2.1.2   Government and Military
2.1.2.1   Demand Analysis of Government and Military Market
2.1.3   Commercial
2.1.3.1   Demand Analysis of Commercial Market
2.2   Global Space-based Laser Communication Market (by Application)
2.2.1   Market Overview
2.2.1.1   Demand Analysis of Application Market
2.2.2   Technology Development
2.2.3   Earth Observation and Remote Sensing
2.2.4   Communication
2.2.5   Surveillance and Security
2.2.6   Research and Space Exploration

3.1   Global Space-based Laser Communication Market (by Solution)
3.1.1   Market Overview
3.1.1.1   Demand Analysis of Solution Market
3.1.2   Space-to-Space
3.1.3   Space-to-Ground Station
3.2   Global Space-based Laser Communication Market (by Component)
3.2.1   Market Overview
3.2.1.1   Demand Analysis of Component Market
3.2.2   Optical Head
3.2.3   Laser Receiver and Transmitter
3.2.4   Modulators and Demodulator
3.2.5   Pointing Mechanism
3.2.6   Others
3.3   Global Space-based Laser Communication Market (by Range)
3.3.1   Market Overview
3.3.1.1   Demand Analysis of Range Market
3.3.2   Short Range (Below 5,000 KM)
3.3.3   Medium Range (5,000-35,000 KM)
3.3.4   Long Range (Above 35,000 KM)

4.1   Global Space-based Laser Communication Market (by Region)
4.2   North America
4.2.1   Markets
4.2.1.1   Key Manufacturers and Suppliers in North America
4.2.1.2   Business Drivers
4.2.1.3   Business Challenges
4.2.2   Application
4.2.2.1   North America Space-based Laser Communication Market (by End User)
4.2.3   Product
4.2.3.1   North America Space-based Laser Communication Market (by Solution)
4.2.4   North America (by Country)
4.2.4.1   U.S.
4.2.4.1.1   Markets
4.2.4.1.1.1   Key Manufacturers in the U.S.
4.2.4.1.1.2   Business Drivers
4.2.4.1.1.3   Business Challenges
4.2.4.1.2   Application
4.2.4.1.2.1   U.S. Space-based Laser Communication Market (by End User)
4.2.4.1.3   Product
4.2.4.1.3.1   U.S. Space-based Laser Communication Market (by Solution)
4.2.4.2   Canada
4.2.4.2.1   Markets
4.2.4.2.1.1   Key Manufacturers in Canada
4.2.4.2.1.2   Business Drivers
4.2.4.2.1.3   Business Challenges
4.2.4.2.2   Application
4.2.4.2.2.1   Canada Space-based laser communication Market (by End User)
4.2.4.2.3   Product
4.2.4.2.3.1   Canada Space-based laser communication Market (by Solution)
4.3   Europe
4.3.1   Markets
4.3.1.1   Key Manufacturers and Suppliers in Europe
4.3.1.2   Business Drivers
4.3.1.3   Business Challenges
4.3.1.4   Europe Space-based Laser Communication Market (by End User)
4.3.2   Product
4.3.2.1   Europe Space-based Laser Communication Market (by Solution)
4.3.3   Europe (by Country)
4.3.3.1   U.K.
4.3.3.1.1   Markets
4.3.3.1.1.1   Key Manufacturers in the U.K.
4.3.3.1.1.2   Business Drivers
4.3.3.1.1.3   Business Challenges
4.3.3.1.2   Application
4.3.3.1.2.1   U.K. Space-based Laser Communication Market (by End User)
4.3.3.1.3   Product
4.3.3.1.3.1   U.K. Space-based Laser Communication Market (by Solution)
4.3.3.2   France
4.3.3.2.1   Markets
4.3.3.2.1.1   Key Manufacturers in France
4.3.3.2.1.2   Business Drivers
4.3.3.2.1.3   Business Challenges
4.3.3.2.2   Application
4.3.3.2.2.1   France Space-based Laser Communication Market (by End User)
4.3.3.2.3   Product
4.3.3.2.3.1   France Space-based Laser Communication Market (by Solution)
4.3.3.3   Germany
4.3.3.3.1   Key Manufacturers in Germany
4.3.3.3.2   Markets
4.3.3.3.2.1   Business Drivers
4.3.3.3.2.2   Business Challenges
4.3.3.3.3   Application
4.3.3.3.3.1   Germany Space-based Laser Communication Market (by End User)
4.3.3.3.4   Product
4.3.3.3.4.1   Germany Space-based Laser Communication Market (by Solution)
4.3.3.4   Russia
4.3.3.4.1   Markets
4.3.3.4.1.1   Business Drivers
4.3.3.4.1.2   Business Challenges
4.3.3.4.2   Application
4.3.3.4.2.1   Russia Space-based Laser Communication Market (by End User)
4.3.3.4.3   Product
4.3.3.4.3.1   Russia Space-based Laser Communication Market (by Solution)
4.3.3.5   Rest-of-Europe
4.3.3.5.1   Markets
4.3.3.5.1.1   Key Manufacturers in the Rest-of-Europe
4.3.3.5.1.2   Business Drivers
4.3.3.5.1.3   Business Challenges
4.3.3.5.2   Application
4.3.3.5.2.1   Rest-of-Europe Space-based Laser Communication Market (by End User)
4.3.3.5.3   Product
4.3.3.5.3.1   Rest-of-Europe Space-based Laser Communication Market (by Solution)
4.4   Asia-Pacific
4.4.1   Markets
4.4.1.1   Key Manufacturers and Suppliers in Asia-Pacific
4.4.1.2   Business Drivers
4.4.1.3   Business Challenges
4.4.2   Application
4.4.2.1   Asia-Pacific Space-based Laser Communication Market (by End User)
4.4.3   Product
4.4.3.1   Asia-Pacific Space-based Laser Communication Market (by Solution)
4.4.4   Asia-Pacific (by Country)
4.4.4.1   China
4.4.4.1.1   Markets
4.4.4.1.1.1   Key Manufacturers in China
4.4.4.1.1.2   Business Drivers
4.4.4.1.1.3   Business Challenges
4.4.4.1.2   Application
4.4.4.1.2.1   China Space-based Laser Communication Market (by End User)
4.4.4.1.3   Product
4.4.4.1.3.1   China Space-based Laser Communication Market (by Solution)
4.4.4.2   India
4.4.4.2.1   Markets
4.4.4.2.1.1   Key Manufacturers in India
4.4.4.2.1.2   Business Drivers
4.4.4.2.1.3   Business Challenges
4.4.4.2.2   Application
4.4.4.2.2.1   India Space-based Laser Communication Market (by End User)
4.4.4.2.3   Product
4.4.4.2.3.1   India Space-based Laser Communication Market (by Solution)
4.4.4.3   Japan
4.4.4.3.1   Markets
4.4.4.3.1.1   Key Manufacturers in Japan
4.4.4.3.1.2   Business Drivers
4.4.4.3.1.3   Business Challenges
4.4.4.3.2   Application
4.4.4.3.2.1   Japan Space-based Laser Communication Market (by End User)
4.4.4.3.3   Product
4.4.4.3.3.1   Japan Space-based Laser Communication Market (by Solution)
4.4.4.4   Rest-of-Asia-Pacific
4.4.4.4.1   Key Players in Rest-of-Asia-Pacific
4.4.4.4.2   Markets
4.4.4.4.2.1   Business Drivers
4.4.4.4.2.2   Business Challenges
4.4.4.4.3   Application
4.4.4.4.3.1   Rest-of-Asia-Pacific Space-based Laser Communication Market (by End User)
4.4.4.4.4   Product
4.4.4.4.4.1   Rest-of-Asia-Pacific Space-based Laser Communication Market (by Solution)
4.5   Rest-of-the-World
4.5.1   Markets
4.5.1.1   Business Drivers
4.5.1.2   Business Challenges
4.5.2   Application
4.5.2.1   Rest-of-the-World Space-based Laser Communication Market (by End User)
4.5.3   Product
4.5.3.1   Rest-of-the-World Space-based Laser Communication Market (by Solution)
4.5.4   Rest-of-the-World (by Country)
4.5.4.1   Middle East and Africa
4.5.4.1.1   Markets
4.5.4.1.1.1   Key Manufactures in Middle East and Africa
4.5.4.1.1.2   Business Drivers
4.5.4.1.1.3   Business Challenges
4.5.4.1.1.4   Middle East and Africa Space-based Laser Communication Market
4.5.4.2   Latin America
4.5.4.2.1   Markets
4.5.4.2.1.1   Business Drivers
4.5.4.2.1.2   Business Challenges
4.5.4.2.1.3   Latin America Space-based Laser Communication Market

5.1   Competitive Benchmarking
5.2   AAC Clyde Space (Hyperion Technologies)
5.2.1   Company Overview
5.2.1.1   Role of AAC Clyde Space in Space-based Laser Communication Market
5.2.1.2   Product Portfolio
5.2.2   Corporate Strategies
5.2.2.1   Mergers and Acquisitions
5.2.3   Strengths and Weaknesses of AAC Clyde Space
5.3   Analytical Space Operation
5.3.1   Company Overview
5.3.1.1   Role of Analytical Space in Space-based Laser Communication Market
5.3.1.2   Product Portfolio
5.3.2   Business Strategies
5.3.2.1   Partnerships, Collaborations, Agreements, Investments, and Contracts
5.3.3   Strengths and Weaknesses of Analytical Space
5.4   Ball Corporation
5.4.1   Company Overview
5.4.1.1   Role of Ball Corporation in Space-based Laser Communication Market
5.4.1.2   Product Portfolio
5.4.2   Business Strategies
5.4.2.1   Partnerships, Collaborations, Agreements, and Contracts
5.4.3   Strengths and Weaknesses of Ball Corporation
5.5   BridgeComm
5.5.1   Company Overview
5.5.1.1   Role of BridgeComm in Space-based Laser Communication Market
5.5.1.2   Product Portfolio
5.5.2   Business Strategies
5.5.2.1   Partnerships, Collaborations, Agreements, and Contracts
5.5.3   Strengths and Weaknesses of BridgeComm
5.6   General Atomics
5.6.1   Company Overview
5.6.1.1   Role of General Atomics in Space-based Laser Communication Market
5.6.1.2   Product Portfolio
5.6.2   Business Strategies
5.6.2.1   Partnerships, Collaborations, Agreements, and Contracts
5.6.3   Strengths and Weaknesses of General Atomics
5.7   HENSOLDT
5.7.1   Company Overview
5.7.1.1   Role of Hensoldt in Space-based Laser Communication Market
5.7.1.2   Product Portfolio
5.7.2   Strengths and Weaknesses of Hensoldt
5.8   Honeywell International
5.8.1   Company Overview
5.8.1.1   Role of Honeywell International in Space-based Laser Communication Market
5.8.1.2   Product Portfolio
5.8.2   Business Strategies
5.8.2.1   Partnerships, Collaborations, Agreements, and Contracts
5.8.3   Strengths and Weaknesses of Honeywell International
5.8.4   R&D Analysis
5.9   Laser Light Communication (Halo Network)
5.9.1   Company Overview
5.9.1.1   Role of Laser Light Communications (Halo Network) in Space-based Laser Communication Market
5.9.1.2   Product Portfolio
5.9.2   Business Strategies
5.9.2.1   Partnerships, Collaborations, Agreements, and Contracts
5.9.3   Strengths and Weaknesses of Laser Light Communications
5.10 Mynaric
5.10.1   Company Overview
5.10.1.1   Role of Mynaric in Space-based Laser Communication Market
5.10.1.2   Product Portfolio
5.10.2   Business Strategies
5.10.2.1   Partnerships, Collaborations, Agreements, and Contracts
5.10.3   Strengths and Weaknesses of Mynaric AG
5.11   ODYSSEUS SPACE SA
5.11.1   Company Overview
5.11.1.1   Role of ODYSSEUS SPACE SA in Space-based Laser Communication Market
5.11.1.2   Product Portfolio
5.11.2   Strengths and Weaknesses of ODYSSEUS SPACE SA
5.12   Rocket Lab USA, Inc
5.12.1   Company Overview
5.12.1.1   Role of Rocket Lab USA in Space-based Laser Communication Market
5.12.1.2   Product Portfolio
5.12.2   Business Strategies
5.12.2.1   Mergers and Acquisitions
5.12.3   Strengths and Weaknesses of Rocket Lab
5.13   Space Exploration Technologies Corp. (SpaceX)
5.13.1   Company Overview
5.13.1.1   Role of SpaceX in Space-based Laser Communication Market
5.13.1.2   Product Portfolio
5.13.2   Business Strategies
5.13.3   Strengths and Weaknesses of SpaceX
5.14   Space Micro
5.14.1   Company Overview
5.14.1.1   Role of Space Micro in Space-based Laser Communication Market
5.14.1.2   Product Portfolio
5.14.2   Business Strategies
5.14.2.1   Partnerships, Collaborations, Agreements, and Contracts
5.14.3   Strengths and Weaknesses of Space Micro
5.15   Tesat Spacecom
5.15.1   Company Overview
5.15.1.1   Role of Tesat Spacecom in Space-based Laser Communication Market
5.15.1.2   Product Portfolio
5.15.2   Business Strategies
5.15.2.1   Partnerships, Collaborations, Agreements, and Contracts
5.15.3   Strengths and Weaknesses of Tesat Spacecom
5.16   Thales Group
5.16.1   Company Overview
5.16.1.1   Role of Thales Group Incorporated in Space-based Laser Communication Market.
5.16.1.2   Product Portfolio
5.16.2   Business Strategies
5.16.2.1   Partnerships, Collaborations, Agreements, and Contracts
5.16.3   Strengths and Weaknesses of Thales Group
5.16.4   R&D Analysis
5.17   Other Key Players
5.17.1   Archangel Lightworks
5.17.1.1   Company Overview
5.17.2   Astrogate Labs
5.17.2.1   Company Overview
5.17.3   RBC Signals
5.17.3.1   Company Overview
5.17.4   Xenesis
5.17.4.1   Company Overview

6.1 Factors for Data Prediction and Modelling

Table 1:   Expected Launches of Satellite Constellations, 2021-2031
Table 2:   Start-ups and Investment Scenario
Table 3:   Partnership, Collaborations, Agreement and Contract, 2018-2021
Table 4:   Mergers and Acquisitions, 2018-2021
Table 5:   Others, 2018-2021
Table 6:   Global Space-based Laser Communication Market, by Government and Military, Volume and Value, 2020-2031
Table 7:   Global Space-based Laser Communication Market, by Commercial, Volume and Value, 2020-2031
Table 8:   Global Space-based Laser Communication Market, by Application, Volume and Value, 2020-2031
Table 9:   Global Space-based Laser Communication Market, (by Solution), 2020-2031
Table 10:   Global Space-based Laser Communication Market, (by Component), $Million, 2020-2031
Table 11:   Global Space-based Laser Communication Market, (by Range), 2020-2031
Table 12:   Global Space-based Laser Communication Market (by Region), $Million, 2020-2031
Table 13:   North America Space-based Laser Communication Market (by End User), 2020-2031
Table 14:   North America Space-based Laser Communication Market (by Solution), 2020-2031
Table 15:   U.S. Space-based Laser Communication Market (by End User), 2020-2031
Table 16:   U.S. Space-based Laser Communication Market (by Solution), 2020-2031
Table 17:   Canada Space-based Laser Communication Market (by End User), 2020-2031
Table 18:   Canada Space-based Laser Communication Market (by Solution), 2020-2031
Table 19:   Europe Space-based Laser Communication Market (by End User), 2020-2031
Table 20:   Europe Space-based Laser Communication Market (by Solution), 2020-2031
Table 21:   U.K. Space-based Laser Communication Market (by End User), 2020-2031
Table 22:   U.K. Space-based Laser Communication Market (by Solution), 2020-2031
Table 23:   France Space-based Laser Communication Market (by End User), 2020-2031
Table 24:   France Space-based Laser Communication Market (by Solution), 2020-2031
Table 25:   Germany Space-based Laser Communication Market (by End User), 2020-2031
Table 26:   Germany Space-based Laser Communication Market (by Solution), 2020-2031
Table 27:   Russia Space-based Laser Communication Market (by End User), 2020-2031
Table 28:   Russia Space-based Laser Communication Market (by Solution), 2020-2031
Table 29:   Rest-of-Europe Space-based Laser Communication Market (by End User), 2020-2031
Table 30:   Rest-of-Europe Space-based Laser Communication Market (by Solution), 2020-2031
Table 31:   Asia-Pacific Space-based Laser Communication Market (by End User), 2020-2031
Table 32:   Asia-Pacific Space-based Laser Communication Market (by Solution), 2020-2031
Table 33:   China Space-based Laser Communication Market (by End User), 2020-2031
Table 34:   China Space-based Laser Communication Market (by Solution), 2020-2031
Table 35:   India Space-based Laser Communication Market (by End User), 2020-2031
Table 36:   India Space-based Laser Communication Market (by Solution), 2020-2031
Table 37:   Japan Space-based Laser Communication Market (by End User), 2020-2031
Table 38:   Japan Space-based Laser Communication Market (by Solution), 2020-2031
Table 39:   Rest-of-Asia-Pacific Space-based Laser Communication Market (by End User), 2020-2031
Table 40:   Rest-of-Asia-Pacific Space-based Laser Communication Market (by Solution), 2020-2031
Table 41:   Rest-of-the-World Space-based Laser Communication Market (by End User), 2020-2031
Table 42:   Rest-of-the-World Space-based Laser Communication Market (by Solution), 2020-2031
Table 43:   Middle East and Africa Space-based Laser Communication Market, 2020-2031
Table 44:   Latin America Space-based Laser Communication Market, 2020-2031
Table 45:   Benchmarking and Weightage Parameters
Table 46:   AAC Clyde Space: Product Portfolio
Table 47:   Mergers and Acquisitions
Table 48:   Analytical Space: Product Portfolio
Table 49:   Analytical Space Partnerships, Collaborations, Agreements Investments, and Contracts
Table 50:   Ball Corporation Product Portfolio
Table 51:   Ball Corporation Partnerships, Collaborations, Agreements, and Contracts
Table 52:   BridgeComm Inc. Product Portfolio
Table 53:   BridgeComm Partnerships, Collaborations, Agreements, and Contracts
Table 54:   General Atomics Product Portfolio
Table 55:   General Atomics Partnerships, Collaborations, Agreements, and Contracts
Table 56:   Hensoldt Product Portfolio
Table 57:   Honeywell International Product Portfolio
Table 58:   Honeywell International Partnerships, Collaborations, Agreements, and Contracts
Table 59:   Laser Light Communication Product Portfolio
Table 60:   Laser Light Communications Partnerships, Collaborations, Agreements, and Contracts
Table 61:   Mynaric AG Product Portfolio
Table 62:   Mynaric AG: Partnerships, Collaborations, Agreements, and Contracts
Table 63:   ODYSSEUS SPACE SA Product Portfolio
Table 64:   Rocket Lab Product Portfolio
Table 65:   Rocket Lab: Mergers and Acquisitions
Table 66:   Space Exploration Technologies Corporation Product Portfolio
Table 67:   New Product Launch
Table 68:   Space Micro Product Portfolio
Table 69:   Space Micro: Partnerships, Collaborations, Agreements, and Contracts
Table 70:   Tesat Spacecom Product Portfolio
Table 71:   Tesat SpaceCom Gmbh & Co Partnerships, Collaborations, Agreements, and Contracts
Table 72:   Thales Group Product Portfolio
Table 73:   Thales Group: Partnerships, Collaborations, Agreements, and Contracts

Figure 1:   Global Space-based Laser Communication Market, Volume, 2020-2031
Figure 2:   Global Space-based Laser Communication Market, $Million, 2020-2031
Figure 3:   Global Space-based Laser Communication Market (by End User), Volume, 2020 and 2031
Figure 4:   Global Space-based Laser Communication Market (by End User), $Million, 2020 and 2031
Figure 5:   Global Space-based Laser Communication Market (by Application), Volume, 2020 and 2031
Figure 6:   Global Space-based Laser Communication Market (by Application), $Million, 2020 and 2031
Figure 7:   Global Space-based Laser Communication Market (by Solution), 2020 and 2031
Figure 8:   Global Space-based Laser Communication Market (by Solution), Volume, 2020 and 2031
Figure 9:   Global Space-based Laser Communication Market (by Range), Value, 2020 and 2031
Figure 10:   Global Space-based Laser Communication Market (by Region), $Million, 2031
Figure 11:   Global Space-based Laser Communication Market Coverage
Figure 12:   Primary Insight
Figure 13:   Primary Insights
Figure 14:   Satellite Market Scenario,2021-2026
Figure 15:   Supply Chain Analysis of Global Space-based Laser Communication Market
Figure 16:   Global Space-based Laser Communication Market, Business Dynamics
Figure 17:   Share of Key Business Strategies and Developments, 2018-2021
Figure 18:   Space-based Laser Communication Market (by End User)
Figure 19:   Primary Insight
Figure 20:   Global Space-based Laser Communication Market (by Application)
Figure 21:   Primary Insight
Figure 22:   Space-based Laser Communication Market, Competitive Benchmarking
Figure 23:   Honeywell International Inc. R&D (2018-2020)
Figure 24:   Thales Group (2018-2020)
Figure 25:   Research Methodology
Figure 26:   Top-Down and Bottom-Up Approach
Figure 27:   Assumptions and Limitations

Market Report Coverage

Space-based Laser Communication Market
Base Year	2020	Market Size in 2020	$24.2 Million
Forecast Period	2021-2031	Value Projection and Estimation by 2031	$4,107.1 Million
CAGR During Forecast Period	26.98%	Number of Tables	73
Number of Pages	147	Number of Figures	27
Market Segmentation	• End User: Government & Military and Commercial • Application: Technology Development, Earth Observation and Remote Sensing, Communication, Surveillance and Security, and Research and Space Exploration • Solution: Space-to-Space and Space-to-Ground Station • Component: Optical Head, Laser Receiver and Transmitter, Modulators and Demodulators, Pointing Mechanism, and Others • Range: Short Range (Below 5,000 KM), Medium Range (5,000-35,000 KM), and Long Range (Above 35,000 KM)
Regional Segmentation	• North America: U.S. and Canada • Europe: France, Germany, Russia, U.K., and Rest-of-Europe • Asia-Pacific: China, Japan, India, and Rest-of-Asia-Pacific • Rest-of-the-World
Market Growth Drivers	• Rising Number of Satellite Launches for Communication and Earth Observation • Alternative Solution to the Overburdened Optical Technology
Market Challenges	• Difficulties in Creating Laser Communication Between Satellite and Ground Station • Unfavorable Government Regulations
Market Opportunities	• Connectivity Requirements in Rural Areas and Developing Countries • Growing Demand for High Speed and Secure Communication Network
Key Companies Profiled	AAC Clyde Space (Hyperion Technologies), Analytical Space Operation, Ball Corporation, BridgeComm, General Atomics, HENSOLDT, Honeywell International, Laser Light Communication (Halo Network), Mynaric, ODYSSEUS SPACE SA, Rocket Lab USA, Inc, Space Exploration Technologies Corp. (SpaceX), Space Micro, Tesat Spacecom, Thales Group

How This Report Can Add Value

Product/Innovation Strategy: The product segment helps the reader in understanding the different types of space-based laser communication terminals and their market potentials globally. Moreover, the study provides the reader a detailed understanding of space-based laser communication terminal with respect to solution (space-to-space, space-to-ground station), component (optical head, laser receiver and transmitter, modulators, and demodulators, pointing mechanism, and others), and range (short, medium, large). Additionally, comprehensive coverage on end users and applications has also been added to the study.

Growth/Marketing Strategy: Players operating in the global space-based laser communication market are developing innovative products to enhance the capabilities of their product offerings. Growth/marketing strategies will help the readers in understanding the revenue-generating strategies adopted by the players operating in the global space-based laser communication market. For instance, in September 2019, Xenesis signed an agreement of $212 million with Hartwell Capitol Consulting for the supply of laser terminals to provide services for high-speed data transfer between space to ground communications. Moreover, other strategies adopted by the market players will help the reader in making strategic decisions, such as go-to-market strategies.

Competitive Strategy: Players analyzed and profiled in the study involve original equipment manufacturers (OEMs) and component providers that capture maximum share in the global space-based laser communication market. Moreover, a detailed competitive benchmarking of the players operating in the global space-based laser communication market has been done that will help the reader to understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements and collaborations, and mergers and acquisitions are expected to aid the reader in understanding the untapped revenue pockets in the market.

Key questions answered in the Report

•   What are the futuristic trends in this market, and how is the market expected to change over the forecast years 2021-2031?
•   What are the key drivers and challenges faced by the companies that are currently working in the global space-based laser communication market?
•   How is the space-based laser communication market expected to grow during the forecast period 2021-2031?
•   What are the opportunities for the companies to expand their businesses in the global space-based laser communication market?
•   Which region is expected to lead the global space-based laser communication market by 2031?
•   What are the key developmental strategies implemented by the key players to sustain in this highly competitive market?
•   What is the current and future revenue scenario of this market?
•   What is the competitive scenario of the key players in the global space-based laser communication market?
•   What are the emerging technologies that the key companies are focusing on to increase their market share?
•   What are the strengths and weaknesses of the companies that are influencing the growth of the market?

Report Summary

Space-based Laser Communication Market

Currently, many space agencies and commercial companies across the globe have been focusing on the Moon and deep space explorations. For deep-space exploration, which includes a lunar gateway, space weather missions, an orbiter around Mars, a faster, more secured type of communication is required. For instance, in January 2021, TNO and the European Space Agency (ESA) signed a two-year contract to investigate the usage of optical communication technology to enable swift and efficient communication for deep-space missions. This would likely penetrate the niche markets and generate significant revenues in the future.

Space-based Laser Communication Industry Overview

The global space-based laser communication market is expected to reach $4,107.1 million by 2031, with a CAGR of 26.98% during the forecast period 2021- 2031. The increasing number of satellite constellations for applications such as communication, technology development, Earth observation and remote sensing, and research and space exploration are expected to be the major driving factors for the market. In addition, the growing need for secure and high-speed wireless communication and increasing demand for higher flexibility at low cost are some of the key drivers for the growth of the global space-based laser communication market.

Figure: Global Space-based Laser Communication Market, $Million, 2020-2031

Note: CAGR% is from 2021-2031

Market Segmentation

Space-based Laser Communication Market by End User

The space-based laser communication market has been segmented based on end user including government and military, commercial. The commercial end user segment is estimated to dominate the global space-based laser communication market due to the growing need for high-speed inter-satellite communication for commercial satellite operators.

Space-based Laser Communication Market by Application

The space-based laser communication market has been segmented based on application including technology development, earth observation and remote sensing, communication, surveillance and security, research and exploration. The combat training application is expected to be the front runner in the global space-based laser communication market due to the rapid growth of small satellite constellation plans by various satellite operators such as SpaceX, Telesat, Space Development Agency, ICEYE, and Cloud Constellation.

Space-based Laser Communication Market by Solutions

The space-based laser communication market has been segmented based on solutions including space-to-space, space-to-ground station), component (optical head, laser receiver and laser transmitter, modulators and demodulators, pointing mechanism, and others. Space-to-space communication is the most prominent solution contributing toward the growth of the global space-based laser communication market. There is an increasing number of small satellites in larger constellations that require inter-satellite communication links for applications such as communication, Earth observation, technology development, remote sensing, intelligence, surveillance, and reconnaissance.

Space-based Laser Communication Market by Range

The space-based laser communication market has been segmented based on range, including short range, medium range, and long range. The connectivity of satellite-to-satellite and satellite-to-ground stations is enabled by using short-range laser terminals. It allows short-range inter-satellite point-to-point communication to transmit data at high rates. Satellites for low Earth orbit (LEO) and medium Earth orbit (MEO) are more preferred for this range. This is expected to generate huge demand for short range laser terminals.

Space-based Laser Communication Market by Region

The space-based laser communication market has been segmented based on region, including North America, Europe, Asia-Pacific, and Rest-of-the-World. North America is expected to account for the highest share of the global space-based laser communication market, owing to a significant number of companies based in the region, increased spending by government and commercial organizations such as the National Aeronautics and Space Administration (NASA), Space X, and Space Development Agency on the adoption of space-based laser terminals.

Key Market Players and Competition Synopsis

AAC Clyde Space (Hyperion Technologies), Analytical Space Operation, Ball Corporation, BridgeComm, General Atomics, HENSOLDT, Honeywell International, Laser Light Communication (Halo Network), Mynaric, ODYSSEUS SPACE SA, Rocket Lab USA, Inc, Space Exploration Technologies Corp. (SpaceX), Space Micro, Tesat Spacecom, Thales Group

The companies that are profiled in the report have been selected post undergoing in-depth interviews with experts and understanding details around companies such as product portfolios, annual revenues, market penetration, research and development initiatives, and domestic and international presence in the space-based laser communication market. Accordingly, a structured approach has been followed, which includes segmenting the pool of players under three mutually exclusive and collectively exhaustive parts, holding a 100% pie of the market.

Space-based Laser Communication Market - A Global and Regional Analysis

Focus on End User, Application, Solution, Component, and Range - Analysis and Forecast, 2021-2031

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Some Faq's

Frequently Asked Questions

The space-based laser communication market is expected to reach $4,107.1 Million by the end of 2031, witnessing a CAGR of 26.98%

The different components covered in the market include optical head, laser receiver and transmitter, modulators and demodulators, pointing mechanism, and others.

Factors driving the growth of the market include rising number of satellite launches for communication and earth observation and alternative solution to the overburdened optical technology.

Applications where space-based laser communication can be used include technology development, earth observation and remote sensing, communication, surveillance and security, and research and space exploration.

Some of the key players operating in the market include AAC Clyde Space (Hyperion Technologies), Analytical Space Operation, Ball Corporation, BridgeComm, General Atomics, HENSOLDT, Honeywell International, Laser Light Communication (Halo Network), Mynaric, ODYSSEUS SPACE SA, Rocket Lab USA, Inc, Space Exploration Technologies Corp. (SpaceX), Space Micro, Tesat Spacecom, Thales Group

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