Global Iridium Market 2024-2030
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Global Iridium Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

IRIDIUM MARKET

 

INTRODUCTION

 

 With the periodic table's atomic number 77 and the symbol Ir, iridium is a transition metal belonging to the platinum family.

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Iridium is a platinum family transition metal that is hard, shiny, brittle, and dense.It is known to be the most corrosion-resistant element known and is silvery-white in colour. Acids, water, and air have no impact on it.

 

Iridium is a member of the platinum group that is less well-known yet has some very unique physical and chemical characteristics.

 

It has the highest melting point of any metal, the highest melting point in all mineral acids at high temperatures, and is the only metal that can keep good mechanical qualities in air temperatures above 1600 °C. 

 

It is also the most corrosion-resistant of all metals.It has a high stiffness and elasticity modulus.

 

IRIDIUM MARKET SIZE AND FORECAST

 

The Global Iridium market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

IRIDIUM MARKET DYNAMICS

 

Iridium wire and foil in a variety of diameters are available from e- Filaments.Wire diameters range from 0.003 inch (0.076 mm) to 0.010 inch (0.026 mm) (0.254mm). 

 

Foil is rolled in thicknesses ranging from 0.013 inch (0.330 millimetres) to 0.0004 inch (0.01016 millimetres) thick, 5 inch (127 millimetres), and 24 inch (609.6 millimetres).

 

The effective design and synthesis of five iridium(III) complexes containing two N-heterocyclic carbene (NHC) ligands and an additional ligand.

 

 These carbene compounds were examined for the first time as living cell imaging reagents and found to have multicolor photoluminescence and low toxicity.

 

To efficiently catalyse the enantioselective hydrogenation of various C-N-containing heterocyclic compounds (benzoxazines, benzoxazinones, benzothiazinones, and quinoxalinones; 25 instances, up to 99% ee),

 

iridium(I) complexes with enantiomerically pure phosphine-phosphite ligands ([Ir(Cl It was possible to achieve a substrate-to-catalyst ratio of up to 2000:1. 

 

IRIDIUM MARKET NEW PRODUCT LAUNCH

 

Ninth SpaceX launch is announced by Iridium. The second rideshare Iridium will have with SpaceX will be Iridium-9.

 

During the Iridium NEXT campaign, these flights transported 75 satellites to LEO, replacing the original satellite constellation of the business.

 

Nine spare satellites are now in orbit with Iridium, and there are six more spares on the ground. Iridium-9 is expected to launch up to five of those six ground spares. 

 

The Aireon hosted payload, which offers fully worldwide, real-time aeroplane monitoring, is carried by every satellite in the updated Iridium constellation, which was manufactured by Thales Alenia Space.

 

They have consistently stated that when the perfect opportunity arose, they would launch the majority, if not all, of their remaining ground spares, and indeed, the right moment did arise.

 

The fact that they have a very healthy constellation despite the fact that the extra satellites are useless to us on the ground.

 

As a backup plan, they constructed more satellites, and because of SpaceX's great track record, they anticipate another successful launch, which will put them in an even better position to match the endurance of their original constellation. 

 

Since it provides L-band service that is weather-resistant from pole to pole, Iridium continues to be the only commercial satellite constellation with genuinely worldwide coverage.

 

A number of new Iridium services and products were introduced along with the subscriber growth, including the Iridium Certus® specialty broadband platform, the Iridium Global Maritime Distress and Safety System, the Iridium Global Line of Sight® service for uncrewed and autonomous systems, and more than 150 new Iridium narrowband and specialty broadband products made available by  partner ecosystem.

 

Real-time connections may be made between individuals, groups, and assets anywhere thanks to Iridium.

 

For markets that demand genuinely global communications, Iridium offers a creative and comprehensive array of dependable solutions in collaboration with its network of partner businesses.

THIS IRIDIUM MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many Iridium are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global Iridium and key vendor selection criteria
  3. Where are Iridium manufactured? What is the average margin per unit?
  4. Market share of Global Iridium market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global Iridium in-house
  6. key predictions for next 5 years in Global Iridium market
  7. Average B-2-B Iridium market price in all segments
  8. Latest trends in Iridium market, by every market segment
  9. The market size (both volume and value) of the Iridium market in 2024-2030 and every year in between?
  10. Production breakup of Iridium market, by suppliers and their OEM relationship
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in theIndustry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix