Satellite Ground Station Equipment Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The radio stations that offer an RF communication interface for connecting with spacecraft are known as satellite ground stations, or Ground Antenna Sites. This communication is accomplished by using a parabolic antenna to transmit and receive radio waves in the ultra-high frequency region. One of the primary drivers of market growth is the rising demand for HTS (High Throughput Satellite) Systems for high-speed internet access and a wide range of value-added services such as VOIP, video conferencing, and others.

MARKET SCOPE

The "Global Satellite Ground Station Equipment Market Analysis to 2031" is a specialized and in-depth study of the satellite ground station equipment Market with a special focus on the global market trend analysis. The report aims to provide an overview of satellite ground station equipment market with detailed market segmentation by network equipment, NOCs. The global satellite ground station equipment market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading satellite ground station equipment market player and offers key trends and opportunities in the satellite ground station equipment market.

MARKET SEGMENTATION

  Based on network equipment the market is segmented as, NOCs, test and monitoring equipment, power units, antennas, VSATS, gateways.

  Further, based on NOCs the market is bifurcated as, satellite routers, BUC, modems, frequency converters, bandwidth optimizers, amplifiers.

MARKET DYNAMICS

Drivers

•   Rising demand for HTS (High Throughput Satellite) Systems for high-speed internet access and a wide range of value-added services such as VOIP, video conferencing, and others.
  
•   Growing the penetration of internet and voice-based services is further expected to boost market growth.
  

Restraints

•   High cost of the system installation, complex installation process, need of surveillance and maintenance are expected to restrain market growth during the forecast period.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global satellite ground station equipment market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The satellite ground station equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting satellite ground station equipment Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the satellite ground station equipment market in these regions.

IMPACT OF COVID-19 ON SATELLITE GROUND STATION EQUIPMENT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The reports cover key developments in the satellite ground station equipment market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from satellite ground station equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for satellite ground station equipment market. Below mentioned is the list of few companies engaged in the satellite ground station equipment market.

The report also includes the profiles of key satellite ground station equipment market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   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.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Satellite Ground Station Equipment Report Scope

Report Attribute	Details
Market size in 2023	US$ XX Million
Market Size by 2031	US$ XX Million
Global CAGR (2023 - 2031)	XX%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Network Equipment NOCs Test and Monitoring Equipment Power Units Antennas VSATs Gateways By NOCs Satellite Routers BUC Modems Frequency Converters Bandwidth Optimizers Amplifiers
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Gilat Satellite Networks L3Harris Technologies, Inc Hughes Network Systems, LLC ViaSat Inc Vision Technologies system Inc Clyde Space Ltd Comtech Telecommunications Corp. Ultra GomSpace