SAN FRANCISCO, Oct. 22, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Satellite Ground Station Equipment - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 393
Companies: 46 - Players covered include Gilat Satellite Networks; Hughes Network Systems LLC; Novelsat; ViaSat, Inc.; VT iDirect, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Segment (Satellite Ground Station Equipment)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Satellite Ground Station Equipment Market to Reach $14.4 Billion by 2026
Amid the COVID-19 crisis, the global market for Satellite Ground Station Equipment estimated at US$10.3 Billion in the year 2020, is projected to reach a revised size of US$14.4 Billion by 2026, growing at a CAGR of 5.6% over the analysis period.
The U.S. Market is Estimated at $3.3 Billion in 2021, While China is Forecast to Reach $2.5 Billion by 2026
The Satellite Ground Station Equipment market in the U.S. is estimated at US$3.3 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2026 trailing a CAGR of 5.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.3% and 4.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR. More
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