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The satellite ground station equipment market share is expected to increase by USD 6.60 billion from 2023 to 2028, and the market’s growth momentum will accelerate at a CAGR of 6.89%. The Market is experiencing significant growth due to the increasing investments in High Throughput Satellite (HTS) communication technology. This advancement enables faster data transmission and higher bandwidth, making it an essential component in various industries such as telecommunications, broadcasting, and remote sensing. Additionally, the increasing number of satellite launches and the expanding use of satellites for remote sensing applications further fuel market growth. Ground station equipment plays a crucial role in establishing a communication link between satellites and terrestrial networks, ensuring uninterrupted data transfer and system efficiency.
The market report also offers information on several market companies, 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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The market is witnessing rapid growth driven by advancements in satellite technology and increasing demand across various sectors. Antenna systems and reception antennas play a crucial role in ensuring seamless communication with high throughput satellites and low earth satellites. Terminal units and feed horns facilitate data reception and transmission, vital for defense and military operations, homeland security, and search and rescue missions. The market also caters to the needs of the space industry and national weather centers, providing reliable satellite services. With the integration of big data and artificial intelligence, satellite ground station equipment is becoming more efficient, supporting applications in autonomous and connected vehicles and research and development facilities.
One of the key factors driving growth in the 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.
Moreover, 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 during the forecast period.
The emergence of mobile ground stations is another factor supporting the 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.
Moreover, 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.
The high initial investments will be a major challenge for the 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.
Moreover, 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 (~USD200 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. Hence, such factors are hindering the market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market companies, including:
AAC Clyde Space AB: The company offers turnkey services from design to operation of satellite systems in orbit, including reliable satellite platforms and subsystems from 1 to 50 kg.
This statistical study of the market encompasses successful business strategies deployed by the key companies. The market is fragmented and the companies are deploying organic and inorganic growth strategies to compete in the market. The 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.
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The 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. companies are partnering with satellite service providers to provide NOC equipment for monitoring the satellites, which are active in orbit.
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The market is experiencing remarkable growth, driven by the demand for broadband Internet connectivity, particularly in underserved areas. This equipment finds extensive applications in telecommunications, maritime, and military sectors, facilitating voice-based services and digital broadcasting. It includes a range of hardware such as antennas, VSAT equipment, power units, gateways, and test and monitoring equipment, supporting various network hardware needs. With advancements like Very High Throughput Satellites (VHTS) and NGSO satellite constellations, the market is expanding to cater to diverse requirements, from defense and national weather centers to autonomous vehicles and research labs. The market landscape depends on the Reception antenna, Feed horn, Waveguide, Receiver, Marine, Satcom network. Radio frequency and measurement equipment ensure efficient data transmission and control, while technologies like artificial intelligence and the Industrial Internet of Things enhance operational capabilities. The market also addresses the growing demand for Earth observation applications and provides solutions like Ground Station as a Service (GSaaS) to meet the needs of different frequency bands and segments, including mobile communication, navigation, and space research.
Market Scope |
|
Report Coverage |
Details |
Page number |
152 |
Base year |
2023 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.89% |
Market growth 2024-2028 |
USD 6.60 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
6.59 |
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
Performing market contribution |
North America at 38% |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
AAC Clyde Space AB, Baylin Technologies Inc, Comtech, 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 |
Market dynamics |
Parent market analysis, market trends, market growth analysis, market research and growth, market research report, Market forecasting Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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