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Satellite Ground Station Equipment - Global Strategic Business Report

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    Report

  • 441 Pages
  • January 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5140329

Global Satellite Ground Station Equipment Market to Reach $125.4 Billion by 2030

The global market for Satellite Ground Station Equipment estimated at US$55.9 Billion in the year 2022, is projected to reach a revised size of US$125.4 Billion by 2030, growing at a CAGR of 10.6% over the analysis period 2022-2030. NOC Equipment, one of the segments analyzed in the report, is projected to record a 11.9% CAGR and reach US$63.2 Billion by the end of the analysis period. Growth in the Vsat Equipment segment is estimated at 11% CAGR for the next 8-year period.

The U.S. Market is Estimated at $22.8 Billion, While China is Forecast to Grow at 12.5% CAGR

The Satellite Ground Station Equipment market in the U.S. is estimated at US$22.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$18 Billion by the year 2030 trailing a CAGR of 12.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.3% and 10.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.1% CAGR.

Select Competitors (Total 93 Featured) -

  • Gilat Satellite Networks
  • Hughes Network Systems LLC
  • Novelsat
  • ViaSat, Inc.
  • VT iDirect, Inc.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Global Economic Update
  • Exhibit 1: Although Declining for the First Time Since the Russia-Ukraine War, Global Oil Prices Still Remains Higher Than 2019 Levels Which In Turn Will Take Inflation Longer Than Expected to Fall: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • Exhibit 2: Slower Than Anticipated Decline Makes Inflation a Stickier Than Expected Problem to Solve in 2023: Global Inflation Rates (In %) for the Years 2019 through 2024
  • Exhibit 3: Global Economy Slowly Limps Towards Recovery, Resiliently Navigating the War & Decades-High Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Exhibit 4: Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • Satellite Connectivity Becomes Vital During Pandemic
  • Competitive Scenario
  • Players Bet on Organic & Inorganic Strategies to Stay Competitive on Satellite Ground Station Equipment Market
  • Innovations and Advancements by Select Companies
  • Exhibit 5: Satellite Ground Station Equipment - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for 93 Players Worldwide in 2023 (E)
  • Intricacies of Satellite Communication: From Ground to Space
  • Ground Equipment: The Key Force Behind Satellite Communication Infrastructure
  • Global Market Prospects & Outlook
  • Key Trends, Drivers and Restraints Influencing the Market Trajectory
  • Analysis by Component
  • Exhibit 6: World Satellite Ground Station Equipment Market by Component (2023 & 2030): Percentage Breakdown of Sales for NOC Equipment, VSAT Equipment, Antennas, Power Units, Gateways, Test & Monitoring Equipment, and Other Components
  • Analysis by Application
  • Exhibit 7: World Satellite Ground Station Equipment Market by Application (2023 & 2030): Percentage Breakdown of Sales for Communication, Earth Observation, Space Research, Navigation, and Other Applications
  • Regional Analysis
  • Exhibit 8: World Satellite Ground Station Equipment Market: Percentage Breakdown of Sales for Developed and Developing Regions for the Years 2023 & 2030
  • Exhibit 9: World Satellite Ground Station Equipment Market: Geographic Regions Ranked by CAGR (Sales) for 2022-2030: China, Asia-Pacific, Rest of World, Canada, USA, Europe, and Japan
  • An Introduction to Satellite Ground Station Equipment
  • Application Markets of Satellite Ground Station Equipment
  • Delving into Obstacles and Resolutions in Ground-based Satellite Station Service and Operations
  • Recent Market Activity
  • Influencer Market Insights
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Market Bustles with Dynamic Satellite Activity
  • Classification of Satellites
  • Exhibit 10: Global Satellite Sector by Market Segment (2023E): Percentage Share Breakdown of Revenues by Segment
  • Exhibit 11: Global Number of SmallSats Launched Into Space by Application Scenarios as of the Year 2021
  • Increase in Space Exploration Missions Drive New Satellite Launches, Driving Market Opportunities
  • Demand for Satellites to Increase Stupendously through this Decade End
  • Increased Emphasis on Enhancing National Security
  • Buzzing Dynamics Aiding Satellite Ground Station Equipment Market to Scale Impressive Heights
  • New Space Developments Disrupt the Satellite Ground Stations Sector
  • Automation as Prominent Trend in the Satellite Ground Station Arena
  • Ground Stations Utilize AI & ML to Enable Ground-Based Space Situational Awareness
  • AI Boasts Futuristic Advances for Space & Satellite Domains
  • Artificial Intelligence Finds Pivotal Role in Next Generation Satcom Ground Stations
  • Creating AI-Powered Solutions to Automate Ground Station Maintenance for Next-Generation Satcoms
  • Emerging Applications and Trends to Influence Satellite Communications
  • Exhibit 12: Number of Objects Launched Into Space (In Units) for the Years 2010, 2015, 2017, 2019, 2021 and 2022
  • Exhibit 13: Number of Satellite Launches Worldwide for 2010-2020
  • Exhibit 14: Global Cumulative Number of Active Satellites in Space (In Units) for Years 2010, 2015, 2017, 2019 & 2021
  • Market to Gain from Influx of High-Performance Antennas
  • Increasing Exploitation of S-Band Sets Perfect Ground for S-Band Antennas
  • Great Opportunities to Unlock Potential of ESAs in Replacing Parabolic Antennas, but Obstacles to Growth Remain
  • Technology Advancements Improve Performance and Functionality of Satellite Communications
  • Growing Emphasis on Earth Observation to Drive Demand for Ground Station Equipment
  • Advances Setting Pace for Earth Observation Programs
  • Additive Manufacturing for Creating Components & Equipment of GPS Satellites to Gain Traction
  • Continuing Efforts by Military Organizations to Strengthen Satellite Networks to Drive Growth
  • Exhibit 15: Global Military Expenditure in US$ Billion for the Period 2016-2022
  • Focus on Military & Defense Ground Station Solutions
  • Innovations in Sensor Technology Paving Way for Commercialization of Space Technology
  • Accelerating Expansion of 5G to Drive Growth
  • Exhibit 16: Percentage 5G Adoption as a Share of Total Mobile Connections by Region in 2030
  • Penetration of 5G & Networking
  • Market Challenges and Restraints
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Satellite Ground Station Equipment Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Satellite Ground Station Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 3: World Historic Review for Satellite Ground Station Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 4: World 16-Year Perspective for Satellite Ground Station Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for NOC Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 6: World Historic Review for NOC Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 7: World 16-Year Perspective for NOC Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for VSAT Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 9: World Historic Review for VSAT Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 10: World 16-Year Perspective for VSAT Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Antennas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 12: World Historic Review for Antennas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 13: World 16-Year Perspective for Antennas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Power Units by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 15: World Historic Review for Power Units by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 16: World 16-Year Perspective for Power Units by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Gateways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 18: World Historic Review for Gateways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 19: World 16-Year Perspective for Gateways by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Test & Monitoring Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 21: World Historic Review for Test & Monitoring Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 22: World 16-Year Perspective for Test & Monitoring Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Other Components by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 24: World Historic Review for Other Components by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 25: World 16-Year Perspective for Other Components by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Communication by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 27: World Historic Review for Communication by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 28: World 16-Year Perspective for Communication by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 29: World Recent Past, Current & Future Analysis for Earth Observation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 30: World Historic Review for Earth Observation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 31: World 16-Year Perspective for Earth Observation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 32: World Recent Past, Current & Future Analysis for Space Research by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 33: World Historic Review for Space Research by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 34: World 16-Year Perspective for Space Research by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 35: World Recent Past, Current & Future Analysis for Navigation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 36: World Historic Review for Navigation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 37: World 16-Year Perspective for Navigation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 38: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 39: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 40: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Satellite Ground Station Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Market Analytics
CANADA
  • Satellite Ground Station Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Canada for 2023 (E)
  • Market Analytics
JAPAN
CHINA
  • Satellite Ground Station Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Market Analytics
EUROPE
  • Satellite Ground Station Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Market Analytics
FRANCEGERMANYITALYUNITED KINGDOMREST OF EUROPE
ASIA-PACIFIC
  • Satellite Ground Station Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Market Analytics
REST OF WORLD
  • Satellite Ground Station Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Rest of World for 2023 (E)
  • Market Analytics
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Gilat Satellite Networks
  • Hughes Network Systems LLC
  • Novelsat
  • ViaSat, Inc.
  • VT iDirect, Inc.

Table Information