The global satellite laser communication system market size was US$ 358.8 million in 2021. The global satellite laser communication system market size is forecast to reach US$ 5206.7 million by 2030, growing at a compound annual growth rate (CAGR) of 39.9% during the forecast period from 2022 to 2030. 

The use of free-space optical communication in outer space is known as laser communication in space. Communication can take place entirely in space (through an inter-satellite laser link). It can take place on the ground (via a ground-to-satellite or satellite-to-ground application). The fundamental advantage of laser communications over radio waves is the higher bandwidth, allowing more data to transfer in less time. The communication range of free-space optical communication in outer space is currently on the order of thousands of kilometers, making it appropriate for inter-satellite service. Using optical telescopes as beam expanders, it has the ability to traverse interplanetary distances of millions of kilometers.

Factors Influencing Market Growth

• The growing number of satellite launches for communication and earth observation and alternative resolutions to the overburdened optical technology are factors driving the global market. 
• Problems in creating laser communication between satellite & ground stations may slow down the overall market growth. 
• Connectivity necessities in rural areas and developing countries and the rising demand for high-speed and protected communication networks are forecast to create lucrative opportunities for the global market during the forecast period.

Impact Analysis of COVID-19

The COVID-19 pandemic had a negative impact on the global market. 

New projects around the world have come to a halt, resulting in a drop in demand for analog semiconductors. As workers remained at home, worldwide firms struggled to integrate new satellite communication systems, disrupting global supply chains. 

Regional Insights

North America is forecast to account for the maximum share of the satellite laser communication market during the forecast period. As a result of the rising number of companies based in the region and growing spending by government and commercial organizations.

Leading Competitors

The leading prominent companies profiled in the global satellite laser communication market are:

• 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
• Other Prominent Players

Scope of the Report

The global satellite laser communication market segmentation focuses on Solution, Application, End-Users, and Region.

Segmentation based on Solution

• Inter-Satellite Laser Communication
• Satellite-to-Ground Laser Communication

Segmentation based on Application

• Technology Development
• Earth Observation and Remote Sensing
• Communication
• Surveillance and Security
• and Research and Space Exploration

Segmentation based on End-Users

• Government & Military
• Commercial

Segmentation based on Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America