Optical Satellite Communication Market: NASA’s LCRD Project to Launch an Optical Data Relay Satellite System into Geostationary Orbits in 2019

Posted on 2019-05-17 by Mark Hub in Technology // 0 Comments

Albany, US, 2019-May-17 — /EPR Network/ —High precision earth observation satellites, which are micro-satellites of many types used for education, research and commercial purpose are being rolled out, one after another. With the development of space becoming more prevalent, it is showcasing an array of new conveniences. As such, the Wireless Networks Research Center, the Space Communications Laboratory conducts R&D, prioritizing optical (laser) satellite communications aimed at making breakthroughs in satellite communications data transmission technology. These insights draw resemblance from the intelligence report, titled, “Optical Satellite Communication Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027,” which has been of late included in Market Research Hub’s (MRH) growing repository. The latest trend in the optical satellite communications is the implementation of optical data relay satellite system in the U.S., Europe and Japan. Accordingly, NASA’s Lunar Laser Communication Demonstration (LLCD) at the Goddard Space Flight Center (GSFC) prosperously established 622 Mbps optical communication links between the moon and the earth using a satellite launched in September 2013. In 2019, NASA’s Laser Communication Relay Demonstration (LCRD) project is expected to launch an optical data relay satellite system into geostationary orbits. BridgeSat—a subsidiary of Allied Minds Inc. and a Space Angels-funded venture, is coming up with a turnkey optical communications solution for satellite manufacturers and operators. The other intriguing facet of BridgeSat’s service is the terrestrial component. As optical communications depend upon high-powered beams of light, it becomes imperative to take precision aim at ground stations to transmit data. In a bid to assure customer data is received, BridgeSat is developing a global network of ground stations for laser-equipped satellites. Irrespective of manufacturer or origin, this network of ground terminals is expected to be made available on a per-bit basis to all space-based optical communications assets.

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Optical Satellite Communication Market: Report Content

The report presents a coherent analysis on the optical satellite communication market that is bolstered by quantitative and qualitative analysis. In addition, the report delineates the happenings in the market which have bearing on the growth of the optical satellite communication market, comprising drivers, restraints, trends and opportunities. Further, the report also sheds light on segmentation to exhibit an exhaustive analysis of the Optical satellite communication market.

The report also delineates executive summary, overview section, which are aimed at revealing a thorough analysis of the optical satellite communication market. Besides, the market overview section peruses into supply chain, cost structure and pricing analysis along with PESTLE analysis to present a thorough analysis on the optical satellite communication market. Moreover, the overview section also sheds light on Porters’ Five Force analysis which is known to help in assimilating competitive scenario with regards to optical satellite communication market.

The robust assessment of competitive landscape of the optical satellite communication market heavily banks on Porters’ Five Force Analysis. Furthermore, the Porters’ Five Force Analysis delves into the strategies of the pertinent players in the optical satellite communication market. Furthermore, the deep dive analysis of the key players and their business strategies are backed up by company profile, SWOT analysis, product portfolio and recent development, key differentiation, to name a few.

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Optical Satellite Communication Market: Research Methodology

Primary sources and secondary sources have been used to offer a judicious and unbiased analysis on optical satellite communication market. As such, the secondary research banks on EC filing, trade journals, resourceful database and Factiva. On the other hand, the report relies upon primary research, incorporating veracious and unbiased assessment from seasoned analyst, genuine analysis from pundits and surveys and telephonic interview. Furthermore, the report throws light on absolute dollar opportunity analysis and Y-o-Y projections to offer a thorough analysis of the market.

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About Market Research Hub

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MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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