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The satellite ground station equipment market share is expected to increase by USD 6.86 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.11%.
This satellite ground station equipment market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers satellite ground station equipment market segmentation by type (NOC equipment, VSAT equipment, antennas, power units, and others) and geography (North America, APAC, Europe, South America, and MEA). The satellite ground station equipment market report also offers information on several market vendors, including AAC Clyde Space AB, Baylin Technologies Inc, Comtech Telecommunications Corp., CPI International Inc, ECA Group, EchoStar Corp., Gilat Satellite Networks Ltd, GomSpace Group AB, Inmarsat Global Ltd, Innovative Solutions In Space BV, Kratos Defense and Security Solutions Inc, Norsat International Inc, NovelSat, Satcom Direct Inc, Singapore Technologies Engineering Ltd., Teledyne Technologies Inc., Terrasat Communications Inc, Ultra Electronics Holdings Plc, Viasat Inc., and WORK Microwave GmbH among others.
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Based on our research output, there has been a positive impact on the market growth during and post-COVID-19 era. The increasing investments in HTS communication are notably driving the satellite ground station equipment market growth, although factors such as high initial investments may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the satellite ground station equipment industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Satellite Ground Station Equipment Market Driver
One of the key factors driving growth in the satellite ground station equipment market is the increasing investments in HTS communication. An HTS is a satellite that provides high throughput compared with a fixed satellite system for the same amount of allocated frequency on orbit. HTS reuses the frequency and multiple spot beams to increase throughput and reduce the cost per bit delivered. HTS is primarily deployed to provide broadband Internet access service to unserved regions. The majority of HTS satellites are designed primarily for the enterprise, telecom, or maritime sectors. Space and satellite system providers are launching HTS satellites for high-speed communication services. The increasing HTS launches increase the adoption of ground station equipment as well as the replacement of ground station equipment, thereby driving the market.
Key Satellite Ground Station Equipment Market Trend
The emergence of mobile ground stations is another factor supporting the satellite ground station equipment market share growth. The ground station is designed to track, communicate, and process the data received from the satellites. However, constructing a ground station requires high upfront investments. This has resulted in the adoption of small and portable mobile ground station that involves less upfront cost. The mobile ground station allows researchers in space and others to have easy access to satellite signals in the absence of a traditional ground station. Currently, mobile ground stations are installed for domestic purposes. However, in the future, these mobile ground stations will be used for regional or international use also. Thus, the emergence of the mobile ground station will increase the adoption of network equipment such as antenna, antenna unit, terminal unit, junction box, navigation equipment, converters, and others. This, in turn, will drive the market for satellite ground stations during the forecast period.
Key Satellite Ground Station Equipment Market Challenge
The high initial investments will be a major challenge for the satellite ground station equipment market during the forecast period. High initial investments are required to design, deploy, and launch a satellite communication network. The complexities involved in the installation of ground station equipment such as pointing an antenna, aligning its polarization, and setting the transmitter result in high upfront costs. Pointing the VSAT dish in the correct direction is a critical factor in establishing proper communication channels. Thus, setting up each ground station equipment and installation as per the requirement is time-consuming and complicated. Satellite communication requires huge investment starting from satellite manufacturing (~$200 million) to launch and then operations. Once the installation is done, environmental challenges such as rain fade can cause an issue that leads to shutting down the operation for a particular period. These factors make it challenging for existing players and entrants to obtain an estimate of the return on investment.
This satellite ground station equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global satellite ground station equipment as a part of the global communications equipment market, within the overall global information technology sector. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the satellite ground station equipment market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the satellite ground station equipment market encompasses successful business strategies deployed by the key vendors. The satellite ground station equipment market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The satellite ground station equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the satellite ground station equipment market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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39% of the market’s growth will originate from North America during the forecast period. The US is the key market for satellite ground station equipment in North America. Market growth in this region will be slower than the growth of the market in other regions.
The presence of numerous satellite service providers such as SES, EchoStar, and Globecomm Systems Inc. (Globecomm Systems) will facilitate the satellite ground station equipment market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The satellite ground station equipment market share growth by the NOC equipment segment will be significant during the forecast period. The use of NOC equipment allows for easy management of the above functions. Vendors are partnering with satellite service providers to provide NOC equipment for monitoring the satellites, which are active in orbit.
This report provides an accurate prediction of the contribution of all the segments to the growth of the satellite ground station equipment market size and actionable market insights on post COVID-19 impact on each segment.
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Satellite Ground Station Equipment Market Scope |
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Report Coverage |
Details |
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Page number |
148 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.11% |
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Market growth 2022-2026 |
$ 6.86 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
6.63 |
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Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
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Performing market contribution |
North America at 39% |
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Key consumer countries |
US, China, Japan, Russia, and UK |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
AAC Clyde Space AB, Baylin Technologies Inc, Comtech Telecommunications Corp., CPI International Inc, ECA Group, EchoStar Corp., Gilat Satellite Networks Ltd, GomSpace Group AB, Inmarsat Global Ltd, Innovative Solutions In Space BV, Kratos Defense and Security Solutions Inc, Norsat International Inc, NovelSat, Satcom Direct Inc, Singapore Technologies Engineering Ltd., Teledyne Technologies Inc., Terrasat Communications Inc, Ultra Electronics Holdings Plc, Viasat Inc., and WORK Microwave GmbH |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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