North America is expected to hold the largest global airborne SATCOM market share during the forecast period. The presence of manufacturing units, satellite communication systems, and aircraft manufacturers in the region.
Moreover, increasing demand for UAVs in commercial and military applications is the major contributing factor.Īsia Pacific is expected to have a sizable share of the market. This is due to the increasing demand for aircraft by countries such as India and China, and the adoption of high-frequency SATCOM solutions is expected to drive the market in the region.
Increasing Number of Mergers to Create Lucrative Opportunities The competitive landscape section also contains a study of the market players’ major development methods, share price, and position in the market. January 2020: Raytheon Company announced the agreement with the U.S.To expand their footprint in the airborne SATCOM industry, these companies have used a variety of techniques such as agreements, acquisitions, expansions, new product launches, and collaborations and agreements.
