Europe Space-Based Laser Communication Market - Analysis and Forecast, 2023-2033

Nov 2023| BIS515C| BIS Research

Report Highlights

The Europe Space-Based Laser Communication Market Expected to Reach $1,313.3 Million by 2033

Introduction to Europe Space-based Laser Communication Market

The Europe space-based laser communication market is projected to reach $1,313.3 million by 2033 from $253.9 million in 2022, growing at a CAGR of 10.55% during the forecast period 2023-2033.

Europe is one of the prominent regions for the growth of the space-based laser communication market. A consortium of prominent European space and telecommunications companies, comprising Airbus Defense and Space, Eutelsat, SES, and Thales Alenia Space, has joined forces to submit a bid for a proposed satellite constellation that aims to rival SpaceX's Starlink system. With the European Union (EU) taking the lead, the project will receive a substantial funding commitment of $2.64 billion in 2023. Additionally, the project is expected to secure further financial support from the European Space Agency and private investments, bolstering its overall funding capacity.

Market Introduction

The introduction of second-generation satellites with intersatellite links (ISL) has resulted in a notable increase in the market for space-based laser communication in Europe. Modern technologies that improve communication performance both on Earth and in space, such as artificial intelligence (AI), electronically steered antennas (ESAs), component miniaturization, and ISLs, are primarily driving this rise.

Prominent firms that are creating massive constellations in low Earth orbit (LEO) and medium Earth orbit (MEO), such OneWeb, SpaceX, and Amazon's Project Kuiper, also have an impact on the market's trajectory. 2023 will see the integration of laser terminals by low Earth orbit satellites, such those operated by Starlink, into a constellation with optical intersatellite connections (OISLs), producing a strong mesh network in orbit. When it is fully deployed, Telesat's LightSpeed constellation also intends to include optical satellite links, while OneWeb is considering include optical links in its second phase of rollout. Inter-satellite links are made easier by the inherent nature of Amazon's Kuiper constellation.

To bring cutting-edge and novel products, major participants in this industry, such as Tesat-Spacecom GmbH & Co., SKYLOOM, Bridgecomm, and Mynaric, are substantially investing in research and development.

Market Segmentation:

Segmentation 1: by End User

  • Government and Military
  • Commercial

Segmentation 2: by Solution

  • Space-to-Space
  • Space-to-Other Application
  • Space-to-Ground Station

Segmentation 3: by Region

  • Europe - U.K., France, Germany, Russia, and Rest-of-Europe

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2023-2033
Base year market size $481.7 Million in 2023
Market size forecast $1,313.3 Million by 2033
Growth rate 10.55%
Units considered $ Million
Segments covered By End-user, By Solution, By Region
Industry covered Aerospace
Regions covered Europe
Countries covered France, Germany, Russia, U.K., Rest-of-Europe
Companies studied
  • Thales Alenia Space
  • TMynaric
  • Tesat-Spacecom GmbH & Co.

How this Report Can Add Value

Product/Innovation Strategy: The product segment helps the reader understand the different types of components available for deployment and their potential globally. Moreover, the study provides the reader with a detailed understanding of the europe space-based laser communication market by end user and solution.

Growth/Marketing Strategy: The europe space-based laser communication market has seen major development by key players operating in the market, such as contract, collaboration, and joint venture. The favored strategy for the companies has been contracts to strengthen their position in the europe space-based laser communication market.

Competitive Strategy: Key players in the europe space-based laser communication market analyzed and profiled in the study involve major europe space-based laser communication companies providing components. Moreover, a detailed market share analysis of the players operating in the europe space-based laser communication market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Methodology: The research methodology design adopted for this specific study includes a mix of data collected from primary and secondary data sources. Both primary resources (key players, market leaders, and in-house experts) and secondary research (a host of paid and unpaid databases), along with analytical tools, are employed to build the predictive and forecast models.

Data and validation have been taken into consideration from both primary sources as well as secondary sources.

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Market Report Coverage - Space-based Laser Communication Market

Market Segmentation

  • End User: Government & Military and Commercial
  • Application: Technology Development, Earth Observation and Remote Sensing, Communication, Surveillance and Security, and Research and Space Exploration
  • Solution: Space-to-Space and Space-to-Ground Station
  • Component: Optical Head, Laser Receiver and Transmitter, Modulators and ...
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