Global Satellite Ground Station Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Satellite Ground Station Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Satellite ground station equipment is network equipment deployed on the satellite ground station. In this global satellite ground station equipment market analysis report, various types of satellite ground station equipment are considered, including NOC equipment, VSAT equipment, Antennas, Power units and Others.

Market Overview:

The latest research study on the global Satellite Ground Station Equipment market finds that the global Satellite Ground Station Equipment market reached a value of USD 153718.32 million in 2022. It’s expected that the market will achieve USD 243254.84 million by 2028, exhibiting a CAGR of 7.95% during the forecast period.

Influence of COVID-19 Outbreak on Satellite Ground Station Equipment Industry Development

Since the outbreak of the COVID-19 virus in December 2019, the disease has spread to nearly 100 countries around the world, and the World Health Organization has declared it an emergency public health event. The COVID-19 epidemic is infected with a large number of people, and its spread and scope far exceed SARS. At present, the number of confirmed cases in Worldwide has exceeded 20 million. Different industries are affected differently by the epidemic situation.

The impact on the Satellite Ground Station Equipment industry is mainly reflected in the supply of raw materials and the operation of the industries. Affected by the COVID-19 virus, logistics will be suspended, and it takes longer for some parts to be supplied. and the supply of raw materials will be tight. Due to the global threat of COVID-19, the resumption of global factories will directly affect customers' production plans and delivery plans. The continuous outbreak of the international epidemic will affect the smooth supply of equipment and materials if the personnel control of various countries is expanded.

COVID-19 has a huge impact on the operation of the industry, The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined, of which the impact on SMEs is more obvious. The company's inability to conduct normal operations and sales has exacerbated the shortage of funds for SMEs and reduced the company's solvency. Some small and medium-sized enterprises are in trouble.

Region Overview:

Asia Pacific had the highest growth rate of all regions.

Company Overview:

Viasat Inc. is one of the major players operating in the Satellite Ground Station Equipment market, holding a share of 0.31% in 2020.

ViaSat, Inc. provides advanced broadband digital satellite communications and other wireless networking and signal processing equipment and services. The Company's defense products include satellite communications products consisting of modems, terminals, and network control systems, advanced multifunction information distribution systems, and simulation test equipment.

ST Engineering iDirect (formerly VT iDirect) provides networking equipment that allows broadband access over satellite networks. Service providers and network operators use its hubs, routers, network accelerators, and software to offer satellite-based Internet Protocol (IP) services and to optimize bandwidth usage.

Segmentation Overview:

Among different product types, Antennas segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Private segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Satellite Ground Station Equipment market covered in Chapter 3:

ST Engineering iDirect
GomSpace
Comtech Telecommunications
NJR
Terrasat Communications Inc.
Gilat
Norsat
Baylin Technologies
UHP
Polarsat
NovelSat
Viasat Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the Satellite Ground Station Equipment market from 2018 to 2029 is primarily split into:

NOC equipment
VSAT equipment
Antennas
Power units
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Satellite Ground Station Equipment market from 2018 to 2029 covers:

Public
Private

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)