SPACE GROUND STATION EQUIPMENT MARKET ANALYSIS

The global space ground station equipment market size was valued at USD 8,540 million in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 8.23% from 2022 to 2030. This is attributed to the growing use of satellites and the rising demand for mobile ground stations. This growth is expected to continue throughout the forecast period. Moreover, the increasing demand for satellite communication networks is also expected to drive the market growth in the near future.

Global Space Ground Station Equipment Market: Regional Insights

The global space ground station equipment market is geographically segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America is expected to gain major share in the global space ground station equipment market over the forecast period. This can be attributed to strong presence of major market players in SAR earth observation and remote sensing satellites in Canada. Furthermore, growing number of market players in the region entering into new domains of business in the ground station industry is also expected to drive growth of the market in this region. For instance, in August 2019, Viasat announced its plans of expanding its ground station network for earth observation. Thus, North America is anticipated to witness strong growth in the global space ground station equipment market in the coming future.

Moreover, Asia Pacific is also expected to witness substantial growth in the global space ground station equipment market during the forecast period, owing to new market players and development of novel space systems by government. Moreover, increasing economic growth of emerging countries such as Malaysia, Indonesia, and Thailand in the region are also accelerating the growth of the space industry in Asia Pacific. Several countries in the region are launching satellites in order to enable earth observation and telecommunication application. For instance, in April 2017, Seoul National University launched SNUSat-2 for facilitating disaster monitoring with the use of wide angle and high-resolution cameras. Thus, such instances are likely to boost growth of the global space ground station equipment market in Asia Pacific during the forecast period.

Figure 1: Global Space Ground Station Market Share (%), By Region, 2022

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Global Space Ground Station Equipment Market Drivers:

Rise in satellite launches to boost the market pace

Ground station is a terrestrial infrastructure that is designed for controlling and communicating with satellites in the orbit of earth or an extra-terrestrial body. These stations are a medium between consumers and the satellites. They could be located on the land, over a waterbody, or into the earth’s atmosphere. These ground stations are either mobile or fixed. They communicate with spacecraft or satellite by transmitting and receiving radio waves. Many organizations are launching advanced satellites for different purposes including surveillance, navigation, intelligence, and reconnaissance (ISR), communication, earth observation, space telescope, and weather, among others. This in turn is creating need for space ground station equipment, which is likely to drive the market growth in the near future.

Rise in adoption of High Throughput Satellite (HTS) to augment the market pace

A high-throughput satellite offers a 20 or more times higher throughput compared to fixed-satellite service for the same allocated frequency on orbit, as compared to other satellites. The higher capacity of these satellites is achieved by re-use of frequency and multiple spot beam technology. This technology enables to focus on high-power signals of satellite over a limited region provided with a ground station. Due to this the throughput is increased and cost per bit delivered is reduced. Thus, HTS satellites around the world need a ground station connected with satellite. This in turn is expected to augment growth of the global space ground station equipment market during the forecast period.

Global Space Ground Station Equipment Market Opportunities:

Increasing adoption of optical fiber technology is expected to offer multiple growth opportunities in the global space ground station equipment market during the forecast period. Due to adoption of optical fiber satellite access terminals are enforced for upgrading their equipment for fast and efficient transfer of data between consumers and satellites. The fiber-optic communication system comprises an optical transmitter, which turns the electrical signal received from the satellite or devices of consumers to an optical signal to transmit through the optical fiber. It needs high capacity amplifiers, modems, modulators, and antennas, among others for facilitating the efficient transfer of data through an optical cable. The use of optical fiber due to its various benefits has increased all over the globe, which in turn is creating growth opportunities in the global space ground station equipment market.

Rise in use of software-defined ground station is expected to provide substantial opportunities in the global space ground equipment market. Software-defined ground stations include software-defined radio communication systems, which perform the function of conventional ground station hardware, which includes filters, mixers, amplifiers, detectors, and modulators/demodulators, and others by means of software installed on computer or any embedded device. Using software-defined systems reduces the cost for systems and it also offers flexibility to the operations. Thus, adoption of software-defined ground station is increasing all over the world, which is likely to drive the market growth in the coming years.

Global Space Ground Station Equipment Market Trends:

Growing adoption of mobile ground stations is a major trend

A ground station is designed for tracking, communicating, and processing data gathered by satellites. However, building a ground station needs high capital investments, due to which, adoption of mobile, portable ground stations having lower costs and high affordability is increasing all over the world. Using mobile ground stations enables easy access to satellite signals to researchers in the absence of conventional ground stations. Thus, emerging mobile ground stations are likely to drive the adoption of satellite ground station equipment in the coming future. This trend is expected to drive growth of the global space ground station equipment market during the forecast period.

Increasing deployment of low earth satellites and satellite constellations is a growing trend

The number of low earth satellites and constellations of satellites deployed is increasing for communication purposes, as demand for these satellites is growing all over the world. The demand for these equipment is high in regions such as Middle East. Several market players are focused on providing innovative and novel products of low earth satellite. This in turn is creating demand for space ground stations. Thus, this trend is expected to continue in the global space ground station equipment market over the forecast period.

Global Space Ground Station Equipment Market Restraints:

High cost of antenna components to hinder the market pace

The number of satellites in MEO and LEO is increasing with time. Several firms are focused on adoption of multi-satellite constellation requiring distinct coverage, frequency bands, and transmission power. Along with this, capacity of geostationary orbit satellite is increasing as well. Due to this, ground station operators are required to use novel technologies such as antennas to fulfil the increasing demand. However, cost associated with such technologies is becoming a barrier in the upgrading the capacity of the ground stations. Thus, this factor is expected to hinder growth of the global space ground station equipment market during the forecast period.

Unfavorable regulations by government to impede the market growth

The communication satellite and ground station market is witnessing significant growth across the globe due to rise in demand for broadband and telecommunication services. Several companies are investing in expansion of their global reach in order to offer broadband services in multiple countries. Moreover, companies are also launching communication satellites and are developing huge number of ground stations on the earth surface. However, all these new initiatives to strengthen the communication network needs a license from the government. Thus, these regulations act as a barrier in building these infrastructure for communication network. Hence, the unfavorable government regulations are likely to obstruct growth of the global space ground station equipment market during the forecast period.         

Figure 2: Global Workflow Automation Market Share (%), By End User, 2022

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Global Space Ground Station Equipment Market Segmentation:

The global space ground station equipment market report is segmented into Equipment, End-User, Application, and Satellite Communication Service.

Based on Equipment, the market is segmented into Consumer Equipment (Satellite Navigation Equipment, Dish Antenna, Satellite Radio, Broadband Equipment, and Mobile Satellite Terminals); Network Equipment (Network Operation Centre (NOCs) Equipment, VSAT Equipment, Antennas, Power Units, Gateways, and Test and Monitoring Equipment). Out of which, Consumer Equipment is expected to dominate the global market over the forecast period and this is attributed to the rise in adoption of mobile satellite terminals along with broadband equipment for enabling connectivity. Consumer equipment are utilized at the end user point. It comprises satellite navigation equipment, satellite radio, dish antenna, mobile satellite terminals, and broadband equipment.

Satellite Navigation Equipment segment is also expected to witness significant growth in the near future and this is owing to the growing use of these equipment to provide position and navigation of vessels fitted with a signal receiver. Satellite navigations makes use of satellite for providing autonomous geo-spatial positioning. The use of satellite enables the determination of latitude, longitude, and altitude of a vessel with high precision. Thus, growing use of satellite navigation is driving growth of the market.

Based on End User, the market is segmented into Consumer, Government and Military, Commercial, Enterprise. Out of which, Consumer is expected to dominate the global market over the forecast period and this is attributed to the rise in inclination towards broadband services. Satellite communication network offers broadcasting services used by people. Adoption of dish antenna or satellite TV is the major factor driving growth of the satellite services. Moreover, increasing adoption of broadcast services is also expected to drive growth of this segment in the coming future.

Government and Military segment is also expected to witness significant growth in the near future and this is owing to the growing need for enabling remote communications, leading to growing use of satellite radios by military and government sectors. Government and military are increasingly embracing advanced technologies such as M2M and IoT and Software-defined radios to monitor remote asset and personnel remotely. This in turn is likely to boost demand for mobile satellite terminals and broadband devices in these sectors.

Based on Application, the market is segmented into Communication, Earth Observation, and Navigation. Out of which, Navigation is expected to dominate the global market over the forecast period and this is attributed to the rise in digitalization, which requires navigation services predominantly to position, navigate, and for timing. Thus, this segment will witness a strong growth in the near future.

Communication segment is also expected to witness significant growth in the near future and this is owing to the rise in number of broadband and narrowband satellites. This is likely to create need for higher number of equipment in order to enable connectivity. Thus, this in turn is expected to fuel growth of the global space ground station equipment market during the forecast period.

Based on Satellite Communication Service, the market is segmented into Fixed Satellite Services, and Mobile Satellite Service. Out of which, Fixed Satellite Services is expected to dominate the global market over the forecast period and this is attributed to the high rate of penetration of dish TVs all over the world. The adoption of dish TVs has increased immensely in several regions across the globe. Dish TVs require fixed satellite services. Thus, growing penetration of Dish TVs is likely to drive the market growth in the near future.

Mobile Satellite Service segment is also expected to witness significant growth in the near future and this is owing to the increasing demand for equipment capable of enabling connectivity while in motion. Mobile satellites services are used in several applications including weather prediction, telecommunication, military intelligence, navigation, and space exploration. These services offer various benefits due to which demand for mobile satellite services is increasing globally. Thus, the segment is expected to gain major share in the global space ground station equipment market during the forecast period.

Global Space Ground Station Equipment Market: Key Developments

In August 2017, AAC Clyde Space announced that it has installed the first ground station at its headquarters in Glasglow, Scotland and the company plans to begin additional ground station in Sane Jose and Qatar. This new ground stations are capable of adapting based on the consumer demand by altering software functioning.

In March 2017, Analog Devices, Inc. acquired Linear Technology Corporation, a developer of high-performance analog integrated circuits, for US$15.82 billion. Moreover, in June 2019, Analog Devices, Inc. launched a novel multi-channel mixed-signal RF Converter Platform that can boost call capacity and data throughput for wireless carriers.

In August 2018, Comtech Telecommunications Corp. received a multi-year US$2.8 million contract to provide Advanced Time Division Multiple Access Interface Process (ATIP) terminals to the Space and Naval Warfare Systems Command of the U.S. Navy.

In November 2015, EchoStar Corporation received a license from Malta communication authority for establishment of a satellite earth station in Malta. The earth station is utilized for calibrating the 2-GHz-band EchoStar XXI satellite.

Global Space Ground Station Equipment Market: Key Companies Insights

The global space ground station equipment market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis.

Some of the key players in the global space ground station equipment market are EchoStar Corporation, AAC Clyde Space, Comtech Telecommunications Corp., and Analog Devices, Inc.

*Definition: Space Ground Station Equipment is a vital piece of technology that allows satellites to transmit and receive data from Earth. This technology can be used for many different applications including remote sensing, communication, and satellite tracking. It is important to have a high-quality ground station as this can help ensure that satellites perform their duties effectively and safely.