Laser Communication Market to Grow at 13.43% CAGR, Expected to Reach USD 9,144.61 Million by 2027

Posted  by GoPhotonics

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ReportLinker recently published a report on “Laser Communication Market Research Report by Type, Solution, Range, Component, Application, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19.” According to the report the Global Laser Communication Market size was estimated at USD 4,291.32 million in 2021 and is expected to reach USD 4,857.09 million in 2022 and is projected to grow at a CAGR of 13.43% to reach USD 9,144.61 million by 2027.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2020 are considered historical years, 2021 is the base year, 2022 is the estimated year, and the years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:

This research report categorizes Laser Communication to forecast the revenues and analyze the trends in each of the following sub-markets:

  • Based on Type, the market was studied across Airborne Terminals, Ground Terminals, and Space Terminals.
  • Based on the Solution, the market was studied across Space-to-Ground Solutions and Space-to-space.
  • Based on Range, the market was studied across Long, Medium, and Short.
  • Based on Components, the market was studied across Demodulators, Laser, Modulator, Receiver, and Transceiver.
  • Based on Application, the market was studied across Earth Observation & Remote sensing, Research & Exploration, Satellite Communication & Transportation, and Surveillance & Security.
  • Based on Region, the market was studied across the Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. Europe, the Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and the United Kingdom.

Cumulative Impact of COVID-19:

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of the 2022 Russia-Ukraine Conflict:

The political and economic uncertainty due to the Russian invasion of Ukraine is continuously monitored and reports are updated. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia. This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for the Laser Communication market considering the current update on the conflict and its global response.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Laser Communication Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engaging stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitors’ strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Laser Communication Market, including Airbus S.A.S, AIRLINX Communications, Inc, Anova Financial Networks, AOptix Technologies, Inc., Artolink, Ball Aerospace & Technologies, BridgeSat, Inc., EC System, fSONA Networks Corp., Huawei Technologies Co., Ltd., KORUZA, LightPointe Communications, Inc., MOSTCOM, Mynaric, Odysseus Space, SkyFiber, Inc., Transcelestial, TrellisWare Technologies, Inc., Trimble Inc., and Wireless Excellence Limited.

The report provides insights on the following pointers:

  1. Market Penetration: Provides comprehensive information on the market offered by the key players
  2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
  3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
     Competitive Assessment & Intelligence: Provides an exhaustive
  4. Assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
  5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments.

Click here to read the report titled, “Laser Communication Market Research Report by Type, Solution, Range, Component, Application, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19.”