Global Satellite Ground Station Equipment Market Overview
Satellite Ground Station equipment Market Size was valued at USD 143.9 billion in 2022. The satellite ground station equipment market is projected to grow from USD 150.4 billion in 2023 to USD 213.8 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.50% during the forecast period (2023 - 2032). A major market driver for the expansion of the market for satellite ground station equipment is the introduction of mobile ground stations, which would increase demand for network equipment such as antenna junction boxes, antenna systems, terminal units, navigation equipment, and converters.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Satellite Ground Station Equipment Market Trends
- Growing investments in HTS communication are fueling market growth
The rising investment in HTS communication is one of the major reasons propelling growth in the satellite ground station equipment market. For the same amount of allocated frequency in orbit, an HTS is a satellite that offers high throughput in comparison to a fixed satellite system. HTS combines multiple spot beams and frequency reuse to boost throughput and lower bit delivery costs. The main purpose of HTS deployment is to bring broadband Internet connectivity to underserved areas. Most HTS satellites are made primarily for business, telecommunications, or maritime applications. HTS satellites are being launched by providers of satellite and space systems for use in high-speed communications. The market CAGR is driven by the rising number of HTS launches, which enhance the uptake of ground station equipment as well as its replacement.
Another element contributing to the growth of the market share for satellite ground station equipment is the advent of mobile ground stations. The ground station's purpose is to monitor, communicate with, and process the satellite data. A ground station must be built, nevertheless, with significant up-front costs. Small, portable mobile ground stations with lower initial costs have been adopted as a result of this. Without a traditional ground station, the mobile ground station enables users and researchers in space to easily access satellite signals. Mobile ground stations are established at the moment for household use. The utilization of these mobile ground stations for regional or global use will also be possible in the future, though. As a result, the rise of mobile ground stations will accelerate the adoption of network hardware such antennas, antenna units, terminal units, junction boxes, navigational equipment, converters, and others. In turn, during the duration of the forecast, this will fuel the market for satellite ground stations. Thus, driving the satellite ground station equipment market revenue.
Satellite Ground Station Equipment Market Segment Insights
Satellite Ground Station Equipment Products Insights
The Satellite Ground Station equipment Market segmentation, based on products includes Satellite Navigation, NOC Equipment, VSAT Equipment, Antennas, Power Units, Gateways, Test and Monitoring Equipment and Others. The NOC equipment segment dominated the market. The aforementioned operations can be easily managed with the aid of NOC equipment. Vendors and satellite service providers are working together to supply NOC equipment for watching the satellites, which are now in orbit.
Satellite Ground Station Equipment Applications Insights
The Satellite Ground Station equipment Market segmentation, based on applications, includes Military and Civilian. The military category generated the most income due to the use of SGSE for navigation and communication as well as other purposes including intelligence gathering and monitoring. Online gaming has increased as a result of the development of high-speed internet, and this activity necessitates a fast data transfer rate, which can be attained by using SGSEs with more processing power, which improve performance over Wi-Fi networks.
Figure 1: Satellite Ground Station equipment Market, by Applications , 2022 & 2032 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Satellite Ground Station Equipment Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American satellite ground station equipment market area will dominate this market due to the expansion of the use of cutting-edge technology in the telecommunications sector, the quick development of the aerospace sector, the rise in R&D activities, and the presence of a strong industrial infrastructure in the area.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: SATELLITE GROUND STATION EQUIPMENT MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe satellite ground station equipment market accounts for the second-largest market share because of expanding civil uses like media distribution and telecommunications, among others. Additionally, increased military spending and technological development are likely to stimulate regional growth in the upcoming years because there are many opportunities for GEO satellite operator business across Europe, which offers profitable opportunities for industry players operating in this region or those who have access to it. Further, the German satellite ground station equipment market held the largest market share, and the UK satellite ground station equipment market was the fastest growing market in the European region
The Asia-Pacific Satellite ground station equipment Market is expected to grow at the fastest CAGR from 2023 to 2032. The expansion can be linked to rising government spending on communication-related satellite ground station equipment. A network of 36 satellites will be constructed in India by the Department of Space, which will offer communication services throughout the nation and in other areas. Over the forecast period, it is anticipated that such government initiatives will fuel demand for international satellite ground station equipment in the Asia Pacific region. Moreover, China’s satellite ground station equipment market held the largest market share, and the Indian satellite ground station equipment market was the fastest growing market in the Asia-Pacific region.
Recent News:
In 2024, Taiwanese businesses are pursuing economic prospects in all segments of the low Earth orbit (LEO) satellite industry, from ground stations to satellite payloads.
In 2023, space technology startup Dhruva Space is constructing a 2.8 lakh square foot facility on the outskirts of Hyderabad to assemble, integrate, and test its numerous satellite infrastructure products. Dhruva Space's assembly, integration, and testing (AIT) plant will be located at the TSIIC Hardware Park II in Shamshabad and will produce satellite platforms and subsystems, satellite orbital deployers, and ground station equipment, among other items.
Satellite Ground Station Equipment Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the satellite ground station equipment market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, satellite ground station equipment industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global satellite ground station equipment industry to benefit clients and increase the market sector. In recent years, the satellite ground station equipment industry has offered some of the most significant advantages to medicine. Major players in the satellite ground station equipment market attempting to increase market demand by investing in research and development operations include Gilat Satellite Networks, L3Harris Technologies, Inc, Hughes Network Systems, LLC, ViaSat Inc, Vision Technologies system Inc, Clyde Space Ltd, Comtech Telecommunications Corp., Ultra, GomSpace and Inmarsat plc.
L3Harris Technologies Inc. offers goods and services in the cyber, space, air, and maritime sectors. The business provides integrated mission systems, aviation systems, space and airborne systems, and communication systems. Additionally, it offers mission-critical infrastructure communications and networking solutions as well as services for both commercial and military pilot training. The US Department of Defence (DoD), US Navy, US Army, US Air Force, National Aeronautics and Space Administration, military aircraft producers, US Marine Corps, military agencies, commercial airlines, and automakers are just a few of the numerous commercial and government clients it services.
Broadband communication goods and services are offered by Gilat Satellite Networks Ltd (Gilat). Under the brand names Gilat, AeroStream, SatTrooper, SatRanger, Spatial AdvantEdge, Wavestream, RaySat, PowerStream, and SkyEdge, it develops and sells products. By improving its VSATs, Satellite Communication on-the-move antennas, BUCs, SSPAs, and Transceiver goods and expanding the applications for their use, the company's R&D division focuses on the creation of new and industry-leading products. It plans to broaden the scope of its product offering to include mobility applications and solutions for the VHTS and NGSO satellite constellations.
Key Companies in the satellite ground station equipment market include
- Gilat Satellite Networks
- L3Harris Technologies, Inc
- Hughes Network Systems, LLC
- ViaSat Inc
- Vision Technologies system Inc
- Clyde Space Ltd
- Comtech Telecommunications Corp.
- Ultra
- GomSpace
- Inmarsat plc.
Satellite Ground Station Equipment Industry Developments
January 2020 Gilat Satellite Networks was purchased by Comtech Telecommunications Corp, a US-based business involved in satellite ground station technologies, public safety and positioning technologies, for $ 532.5 million. With this acquisition, Comtech Telecommunications is better positioned to serve the growing demand for ground infrastructure to support both established and new satellite networks. Comtech Telecommunications is a leading provider of cutting-edge communication solutions. Israel-based Gilat Satellite Networks is a business that creates satellite communication tools.
August 2018 The Space and Naval Warfare Systems Command of the U.S. Navy has awarded Comtech Telecommunications Corp. a multi-year contract worth US$2.8 million to provide Advanced Time Division Multiple Access Interface Process (ATIP) terminals.
Satellite Ground Station Equipment Market Segmentation
Satellite Ground Station Equipment Products Outlook (USD Billion, 2018-2032)
- Satellite Navigation
- NOC Equipment
- VSAT Equipment
- Antennas
- Power Units
- Gateways
- Test and Monitoring Equipment
- Others
Satellite Ground Station Equipment Applications Outlook (USD Billion, 2018-2032)
Satellite Ground Station Equipment Regional Outlook (USD Billion, 2018-2032)
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-
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
-
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
Report Attribute/Metric |
Details |
Market Size 2022 |
USD 143.9 billion |
Market Size 2023 |
USD 150.4 billion |
Market Size 2032 |
USD 213.8 billion |
Compound Annual Growth Rate (CAGR) |
4.50% (2023-2032) |
Base Year |
2022 |
Market Forecast Period |
2023-2032 |
Historical Data |
2018- 2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Products, Applications, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
Gilat Satellite Networks, L3Harris Technologies, Inc, Hughes Network Systems, LLC, ViaSat Inc, Vision Technologies system Inc, Clyde Space Ltd, Comtech Telecommunications Corp., Ultra, GomSpace and Inmarsat plc. |
Key Market Opportunities |
A increasing trend is the deployment of more satellite constellations and low-earth orbiters |
Key Market Dynamics |
A significant development is the expanding use of mobile ground stations |
Satellite Ground Station equipment Market Highlights:
Frequently Asked Questions (FAQ) :
The Satellite Ground Station equipment Market size was valued at USD 143.9 Billion in 2022.
The global market is projected to grow at a CAGR of 4.50% during the forecast period, 2023-2032.
North America had the largest share in the global market
The key players in the market are Gilat Satellite Networks, L3Harris Technologies, Inc, Hughes Network Systems, LLC, ViaSat Inc, Vision Technologies system Inc, Clyde Space Ltd, Comtech Telecommunications Corp., Ultra, GomSpace and Inmarsat plc.
The NOC equipment category dominated the market in 2022.
The military category had the largest share in the global market.