UAV Satellite Communication (SATCOM) Market Report 2023
The global UAV satellite communication (SATCOM) market is estimated to reach $10.7 billion in 2033 from $9.4 billion in 2022, at a growth rate of 1.34% during the forecast period 2023-2033.
According to a new report from BIS Research, the market is expected to be driven by the rise in applications of UAVs across multiple industries, increasing demand for multiband and multifunction antennas, hybrid communication systems, and beyond-visual-line-of-sight (BVLOS) operations.
The UAV satellite communication (SATCOM) market has gained significant importance over the years 2019-2022. Over the past few years, industry participants have been focusing on technologies such as software-defined radios, integration of SATCOM with AI, and lightweight SATCOM antennae, as these are the critical parameters that increase the flexibility and reliability of UAV communication.
Furthermore, enabling beyond-visual-line-of-sight (BVLOS) operations, size, weight, and power (SWaP) requirements for SATCOM terminals and deployment of low Earth orbit (LEO) satellite constellation technologies are driving the global UAV satellite communication (SATCOM) market growth across sectors.
The UAV satellite communication (SATCOM) market has reached great advancement in a variety of fields, such as precision agriculture and environmental monitoring, surveillance and mapping, and delivery services. The major challenges in the market are cybersecurity, regulatory challenges, limited bandwidth, and supply chain challenges. The most pressing challenge facing the drone industry is regulation. With more and more UAVs being deployed and generating increasing amounts of data, there is a growing demand for high-bandwidth communication links.
However, there is a finite amount of available bandwidth, which can limit the number of UAVs that can be deployed and the amount of data that can be transmitted. Additionally, the development and deployment of satellite communication systems is another challenge. These challenges are impacting the market, but on the other hand, the demand for high-speed, low latency, and secure communication links are the major drivers of growth in the market.
Key Takeaways from the UAV Satellite Communication (SATCOM) Market Report
Based on application, the market is expected to be dominated by the agriculture and forestry segment during the forecast period.
The Ku band is expected to dominate the market.
Europe accounted for the highest share of 29.88% in the UAV satellite communication (SATCOM) market by value in 2022, owing to a significant number of companies based in the region.
(Source: BIS Research via ResearchandMarkets. Images provided and from file)