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SPACE GROUND STATION EQUIPMENT MARKET ANALYSIS

Space Ground Station Equipment Market, By Equipment (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)), By End User (Consumer, Government and Military, Commercial, Enterprise), By Application (Communication, Earth Observation, and Navigation), By Satellite Communication Service (Fixed Satellite Services, and Mobile Satellite Service), By Region (North America, Latin America, Europe, Middle East, Africa, Asia Pacific)

Space Ground Station Equipment MarketSize and Trends

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.

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