The global space-based lasercom terminals market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing number of satellite launches globally. Since 1957, after the launch of the first satellite, Sputnik 1 more than 8,900 satellites have been launched. With this increased number of satellites, there was a need for faster retransmission of the information back to the Earth due to that there is a growing demand for global space-based lasercom terminals.
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The laser terminal is generally designed in such a way that it is fitted on board the geostationary satellites (GEO, due to that the high-definition images and videos are transmitted back to the earth within no time. The GEO satellite main work is to transmit the data it collects from the low-orbiting satellite (LEO). Earlier the time taken for the transmission was several hours; hence the need for installing a laser-based emitter came up.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Space-Based Lasercom Terminals Market by Segments
By End-User
o Government
o Military
o Commercial
By Application
o Earth Observation
o Technology development
o Remote sensing
o Communication
o Surveillance
o Security
Global Space-Based Lasercom Terminals Market by Regions
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
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