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Laser Communication Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

Global Laser Communication Market – (By Type - Ground Terminal, Airborne Terminal, and Space Terminal; By Solution - Space-to-space and Space-to-ground Station; By Range - Short Range, Medium Range, and Long Range; By Component – Transmitter, Receiver, Laser, and Others; By Application - Technology Development, Earth Observation & Remote Sensing, Communication, and Others; By End Users - Satellite Communications, Transportation, Military, and Others; and By Region) - Industry Dynamics, Market Size, Opportunity and Forecast to 2030

  • Published On: 17-Jun-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0622275
    Delivery: 2 to 4 Hours

FREQUENTLY ASKED QUESTIONS

The Global Laser Communication Market was valued at US$ 3,644.7 Mn by 2030.

Laser communication is a communication method where a laser diode transmits a beam of information to a receiving beam.

Laser communication has more bandwidth than radio waves. Further, laser communications could offer high-definition imagery streams, live video from other planets and for astronauts, and real-time data transmission from deep space missions.

The Global Laser Communication Market is projected to expand at a CAGR of 24.2% during the forecast period. 

The various segmentations considered to analyze the Global Laser Communication Market are based on type, solution, range, component, application, end user, and region. 

The market is majorly driven by factors such as the growing need for secure and high-speed wireless communication and the increasing demand for higher flexibility at low cost.

The need for extremely precise telescope pointers may hinder the market growth. 

Space terminal type holds the highest market share in 2021. 

Technology development is the highest application segment in the Global Laser Communication Market.

Satellite communication segment is the end-user segment in the market in 2021.

North America dominates the Global Laser Communication Market in 2021. 

The key players in the Global Laser Communication Market are Ball Aerospace and Technologies, Atlas Space Operations, Inc., Thales Alenia Space, BridgeComm, Inc., Optical Physics Company, and Fibertek among others.