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The global satellite ground station equipment market attained a value of about USD 141.49 billion in 2021. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4.1% to reach nearly USD 180.41 billion by 2027.
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The market can be broadly categorised based on products and applications.
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Based on products, the market is divided into:
Based on applications, the market is segmented into:
The EMR report looks into the regional markets of satellite ground station equipment like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Mobile ground station's popularity is growing among the end-users in the absence of conventional ground stations due to its low upfront costs and ability to provide easy access to the satellite signal. As the mobile ground station is easily transportable, data obtained from satellites from remote locations can be monitored, communicated, and processed. It is also possible to use this type of terrestrial stations to send and receive signals from non-terrestrial sources such as aircraft, satellites, and other astronomical sources. While mobile ground stations are currently only used for domestic purposes, their use is expected to increase rapidly in the coming years for regional and international purposes. The introduction of mobile ground stations would raise the demand for network equipment such as antenna junction box, antenna system, terminal unit, navigation equipment, and converters and thus, drive the growth of the market for satellite ground station equipment.
The report presents a detailed analysis of the following key players in the global satellite ground station equipment market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Satellite Ground Station Equipment Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 4.1% between 2022 and 2027.
The key trends guiding the market growth include the low upfront costs of satellite station equipment and the ability of satellite station equipment to provide easy accessibility to the satellite signal.
The satellite ground station equipment market is being aided by the low upfront costs and ability to provide easy access to the satellite signal.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Satellite navigation, NOC equipment, VSAT equipment, antennas, power units, gateways, test and monitoring equipment are the leading products in the market.
Military and civilian are the leading applications in the market.
The major players in the market are EchoStar Corporation (NASDAQ: SATS), Gilat Satellite Networks Ltd. (NASDAQ: GILT), Viasat, Inc. (NASDAQ: VSAT), ST Engineering iDirect, Inc., and NovelSat, among others.
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