Satellite Ground Station Equipment Market Report 2024 (Global Edition)

Global Satellite Ground Station Equipment Market Report 2024 Market Size Split by Solution (Equipment, Software, Ground Station as a Service (GSaas)), by Platform (Fixed, Portable, Mobile), by Functio...

Satellite Ground Station Equipment Market Report Description

We have various report editions of Satellite Ground Station Equipment Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Satellite Ground Station Equipment Market Insights Video

Competitive Landscape of the Satellite Ground Station Equipment Market

The competitive landscape of the Satellite Ground Station Equipment market is characterized by a range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized Satellite Ground Station Equipment companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

March 2024: Intelsat has improved cooperation with Eutelsat Group's OneWeb low-earth orbit (LEO) constellation, which is a significant improvement in that company's service capabilities. The deal is a major step forward for multi-orbit satellite communication solutions and puts Intelsat at the forefront of the next wave of global connectivity. (Source: https://sironamedical.com/sirona-medical-announces-launch-of-sironas-rados-platform-at-2021-radiological-society-of-north-america-rsna-annual-meeting-2/ ) March 2024: CelcomDigi Berhad (CelcomDigi) and SES, a renowned provider of satellite solutions for content connectivity, signed a Memorandum of Understanding (MoU) regarding a strategic partnership to look into the possibility of providing satellite connectivity for Malaysian businesses and communities by using SES's Medium-Earth-Orbit (MEO) and Geosynchronous Equatorial Orbit (GEO) satellites. (Source: https://www.ses.com/press-release/celcomdigi-and-ses-sign-mou-explore-meo-satellite-connectivity-services-across )

Top Companies Market Share in Satellite Ground Station Equipment Industry: (In no particular order of Rank)

• Viasat Inc.
• Comtech Telecommunications
• UHP
• NovelSat
• ST Engineering iDirect
• Norsat
• GomSpace
• Gilat
• Terrasat Communications Inc.
• NJR
• Baylin Technologies
• Polarsat
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Satellite Ground Station Equipment Market

Which Region Dominates the Satellite Ground Station Equipment Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. The industry advancements, significant acquisitions, and industrial breakthroughs in North America will propel the region to the top of the satellite ground station equipment market share. Space activities initiated by NASA (National Aeronautics Space Administration) in partnership with developing Asian nations, including India, have contributed to the growing need for satellite equipment. Consequently, as supply chain operations resume following the pandemic's effects, the area will quickly profit from these advancements.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Satellite Ground Station Equipment market. The vast population, developing economies, and rising demand for satellite-based services in the Asia Pacific area make the market for satellite ground station equipment very attractive to participants in the industry. However, for the industry to grow steadily, issues including high equipment costs, difficult installation procedures, and regulatory barriers must be resolved..

The current report Scope analyzes Satellite Ground Station Equipment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Satellite Ground Station Equipment Market

According to Cognitive Market Research, the global Satellite Ground Station Equipment market size was estimated at USD 52651.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 21060.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Satellite Ground Station Equipment market with a market size of USD 16616.81 million in 2024 and is projected to grow at a CAGR of 1.5% during the forecast period. The US government and military are significant consumers of satellite data, requiring robust ground infrastructure for intelligence, surveillance, and communication.
• The Canada Satellite Ground Station Equipment market had a market share of USD 2527.27 million in 2024 and is projected to grow at a CAGR of 12.5% during the forecast period. Canada has a burgeoning space sector, with increasing investments in satellite development and launch.
• The Mexico Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 12.2% during the forecast period, with a market size of USD 1916.51 million in 2024.

Europe Satellite Ground Station Equipment Market

According to Cognitive Market Research, the global Satellite Ground Station Equipment market size was estimated at USD 52651.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 15795.45 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.0% from 2024 to 2031.

• The United Kingdom Satellite Ground Station Equipment market had a market share of USD 2653.64 million in 2024 and is projected to grow at a CAGR of 12.8% during the forecast period. The UK has a strong presence in the satellite industry, with a focus on satellite communications, Earth observation, and navigation.
• The France Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 11.2% during the forecast period, with a market size of USD 1453.18 million in 2024.
• According to Cognitive Market Research, the German Satellite Ground Station Equipment market size was valued at USD 3127.50 million in 2024 and is projected to grow at a CAGR of 12.2% during the forecast period. Germany boasts a robust aerospace and defense industry, with companies like Airbus and Thales Alenia Space being global leaders.
• The Italy Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 11.4% during the forecast period, with a market size of USD 1358.41 million in 2024.
• The Russia Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 11.0% during the forecast period, with a market size of USD 2448.29 million in 2024.
• The Spain Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 11.1% during the forecast period with a market size of USD 1295.23 million in 2024
• The Luxembourg Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 12.1% during the forecast period, with a market size of USD 489.66 million in 2024.
• The Portugal Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 11.8% during the forecast period, with a market size of USD 331.70 million in 2024.
• The Greece Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 12.3% during the forecast period, with a market size of USD 189.55 million in 2024.
• Rest of Europe's Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 10.7% during the forecast period, with a market size of USD 2448.29 million in 2024.

Asia Pacific Satellite Ground Station Equipment Market

According to Cognitive Market Research, the global Satellite Ground Station Equipment market size was estimated at USD 52651.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 12109.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Satellite Ground Station Equipment market size was valued at USD 5449.43 million in 2024 and is projected to grow at a CAGR of 15.0% during the forecast period. China has made substantial investments in its space program, leading to a surge in satellite launches and an increased demand for ground station equipment..
• The Japan Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 14.0% during the forecast period, with a market size of USD 1671.16 million in 2024.
• The India Satellite Ground Station Equipment market had a market share of USD 1453.18 million in 2024 and is projected to grow at a CAGR of 17.3% during the forecast period. India is emerging as a significant player in the global satellite ground station equipment market.
• The South Korean Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 14.6% during the forecast period, with a market size of USD 1210.98 million in 2024.
• The Australian Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 15.2% during the forecast period, with a market size of USD 629.71 million in 2024.
• The South East Asia Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 16.5% during the forecast period, with a market size of USD 835.58 million in 2024.
• The Rest of Asia Pacific Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 15.3% during the forecast period, with a market size of USD 859.80 million in 2024.

South America Satellite Ground Station Equipment Market

According to Cognitive Market Research, the global Satellite Ground Station Equipment market size was estimated at USD 52651.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 2632.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Satellite Ground Station Equipment market size was valued at USD 1126.74 million in 2024 and is projected to grow at a CAGR of 13.5% during the forecast period. Brazil's growing economy is driving investments in infrastructure, including telecommunications.
• Argentina's Satellite Ground Station Equipment market had a market share of USD 442.27 million in 2024 and is projected to grow at a CAGR of 13.8% during the forecast period. The Argentine government's focus on digital inclusion and the development of the digital economy is creating a favorable environment for satellite communication projects.
• Colombia's Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 12.7% during the forecast period, with a market size of USD 234.30 million in 2024.
• Peru Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 13.1% during the forecast period, with a market size of USD 215.87 million in 2024.
• Chile's Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 13.2% during the forecast period, with a market size of USD 189.55 million in 2024.
• The Rest of Latin America's Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 423.84 million in 2024.

Middle East and Africa Satellite Ground Station Equipment Market

According to Cognitive Market Research, the global Satellite Ground Station Equipment market size was estimated at USD 52651.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 1053.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.2% from 2024 to 2031.

• The GCC Countries Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 14.0% during the forecast period, with a market size of USD 450.70 million in 2024. The growing reliance on satellite technology for various applications.
• The Egypt Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 13.5% during the forecast period, with a market size of USD 110.57 million in 2024.
• The South Africa Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 14.2% during the forecast period, with a market size of USD 166.38 million in 2024. South Africa's telecommunications infrastructure is undergoing significant expansion to bridge the digital divide.
• The Turkey Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 12.7% during the forecast period, with a market size of USD 90.56 million in 2024.
• The Nigeria Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 12.3% during the forecast period, with a market size of USD 110.57 million in 2024.
• The Rest of the MEA Satellite Ground Station Equipment market is projected to witness growth at a CAGR of 12.2% during the forecast period, with a market size of USD 124.26 million in 2024.

Satellite Ground Station Equipment Market Analysis

Satellite Ground Station Equipment Market Solution Segment Analysis

According to Cognitive Market Research, Ground Station as a Service (GSaas) stands out as the dominant category over the projected period. In the space industry, GSATaaS is a potential concept that should gain traction as more businesses want to take advantage of satellite communications' advantages without having to invest in their ground station infrastructure.

Software emerges as the fastest-growing category in the Satellite Ground Station Equipment market. Software for satellite ground stations is essential for processing data, monitoring and controlling the hardware, and guaranteeing smooth operations. This software coordinates the ground station's entire operation, including data collection, signal processing, and antenna pointing.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Satellite Ground Station Equipment Industry. Request a Free Sample PDF!

Satellite Ground Station Equipment Market Platform Segment Analysis

According to Cognitive Market Research, Fixed stands out as the dominant category over the projected period. Depending on the definition and extent of the investigation, the market for fixed ground station equipment may have a different exact size. Still, it's reasonable to conclude that this is a multibillion-dollar sector with enormous room for expansion. Market research companies offer thorough analyses and projections for this industry.

Portable emerges as the fastest-growing category in the Satellite Ground Station Equipment market. Equipment for portable ground stations is one of this market's most dynamic segments. Critical communication linkages can be quickly established in isolated or disaster-affected locations with portable ground stations. Portable systems frequently have lower capital costs than traditional, stationary ground stations. These systems are used in many different domains, including news gathering, scientific research, military operations, and disaster relief.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Satellite Ground Station Equipment Function Segment Analysis

Satellite Ground Station Equipment Market Function Segment Analysis

According to Cognitive Market Research, the dominant category is Communication. The advent of 5G and the creation of new hardware platforms are opening up a wealth of profitable options in the satellite-enabled communication sector. Moreover, more R&D efforts for missions involving communication are anticipated to provide higher-quality communication systems through the use of extremely complex, compact onboard systems and cutting-edge, mission-compatible satellite ground-station technology.

The fastest-growing category in the Satellite Ground Station Equipment market is Navigation. Accurate location data is provided by navigation systems, which is necessary for ground station antennas to follow satellites precisely. The precision of antenna pointing is increased by advanced navigation methods like GPS, GLONASS, Galileo, and BeiDou, which also improve the efficiency and quality of data transmission. A crucial piece of equipment for satellite ground stations is navigation. The market is expanding because of its function in timing synchronization, precise antenna tracking, and enabling autonomous operations.

• Communication
• Earth Observation
• Space Research
• Navigation
• Others

Satellite Ground Station Equipment Orbit Segment Analysis

Satellite Ground Station Equipment Market Orbit Segment Analysis

According to Cognitive Market Research, the dominant category is LEO. In order to provide dependable communication and data transfer, there is an increasing number of satellite constellations, especially in Low Earth Orbit (LEO). Because LEO satellites have a smaller service area, more ground stations are needed. Nonetheless, in comparison to higher orbits, the latency of data transfer is reduced.

The fastest-growing category in the Satellite Ground Station Equipment market is GEO. Satellites in geostationary Earth orbit (GEO) appear to be stationary with respect to the surface of the Earth. The satellite's orbital period is synchronized with Earth's rotation cycle to accomplish this. GEO satellites are perfect for broadcasting, satellite TV, and other services that need constant connectivity because of their wide range. Large antennas are frequently needed for ground stations communicating with GEO satellites due to the enormous distances involved in order to ensure efficient signal transmission and reception.

• LEO
• MEO
• GEO

Satellite Ground Station Equipment End-Use Segment Analysis

Satellite Ground Station Equipment Market End-Use Segment Analysis

According to Cognitive Market Research, the dominant category is Commercial. One of the main drivers of the market expansion for satellite ground station equipment is the commercial sector. We should anticipate more innovation and investment in this exciting sector of the economy as long as technology keeps developing and demand for satellite services keeps rising.

The fastest-growing category in the Satellite Ground Station Equipment market is governments. Globally, governments acknowledge the strategic significance of satellite communications. As a result, significant funds have been allocated to the construction and modernization of ground station infrastructure. Advanced ground station equipment is projected to be in constant demand as long as governments keep funding space-based technologies.

• Commercial
• Government
• Defense

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

Author's Conclusion