Satellite Optical Ground Station Market Growth Analysis 2031
Satellite Optical Ground Station Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 62,013.92 Million |
Market Size by 2031 | US$ 162,540.60 Million |
Global CAGR (2023 - 2031) | 12.8% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Operation
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Satellite Optical Ground Station Market News and Recent Developments
The satellite optical ground station market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:
- In Apr 2023, HENSOLDT AG, a leading player in the European defense industry, has been promoted to the MDAX, the mid-cap index of the Frankfurt Stock Exchange. The company, which went public in September 2020, has consistently pursued its growth course and has continuously increased its innovative strength. It has increased investments, expanded its product portfolio, and made strategic acquisitions worldwide. (Source: HENSOLDT AG, Press Release)
- In April 2023, Ball Aerospace, Loft Federal, and Microsoft teamed up to work on the Space Development Agency's (SDA) experimental testbed program, called NExT, to carry 10 satellites with experimental payloads into orbit. Ball Aerospace is the prime contractor, leading payload and spacecraft integration and testing. Loft Federal will perform spacecraft integration and testing, procure commercial launch services, and operate the constellation in orbit. Meanwhile, Microsoft will provide Azure Government cloud and ground station infrastructure with secure satellite operations post-launch and productivity solutions to drive mission-critical communications. The collaboration aims to establish a supplier-agnostic rapid delivery pipeline to enable mission success for SDA. (Source: Ball Aerospace, Press Release)
Satellite Optical Ground Station Market Report Coverage and Deliverables
The “Satellite Optical Ground Station Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering the following areas:
- Satellite optical ground station market size and forecast at global, regional, and country levels for all the key market segments covered under the scope.
- Market dynamics such as drivers, restraints, and key opportunities
- Satellite optical ground station market trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Satellite optical ground station market analysis covering key market trends, Global and regional framework, major players, regulations, and recent market developments
- Satellite optical ground station market landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments.
- Detailed company profiles