Satellite ground station equipment market size to increase by USD 6.86 billion: North America will account for 39% of market growth - Technavio

NEW YORK, Jan. 30, 2023 /PRNewswire/ -- The Satellite Ground Station Equipment Market by Type and Geography - Forecast and Analysis 2022-2026 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 7.11% and register an incremental growth of USD 6.86 billion during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. To know more, buy the report!

Based on region, the global satellite ground station equipment market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa. North America is estimated to account for 39% of the growth of the global market over the forecast period. The presence of numerous satellite service providers such as SES, EchoStar, and Globecomm Systems Inc. (Globecomm Systems) is driving the growth of the regional market.

The satellite ground station equipment market report includes information on the key products and recent developments of leading vendors, including:

• Baylin Technologies Inc: The company offers turnkey terrestrial and satellite communications solutions.
• Comtech Telecommunications Corp.: The company offers satellite earth station products such as modems and amplifiers.
• EchoStar Corp.: The company offers satellite communications infrastructure and solutions to media and broadcast organizations.
• Gilat Satellite Networks Ltd.: The company offers VSAT terminals and a comprehensive network management system.
• GomSpace Group AB: The company offers a dual radio setup, an S-band radio unit for high-speed satellite up/downlink, and Ethernet access to operators.
• Inmarsat Global Ltd
• Innovative Solutions In Space BV
• Kratos Defense and Security Solutions Inc
• Norsat International Inc, NovelSat
• To gain access to more vendor profiles available with Technavio, Download a PDF sample report

The market is driven by factors such as the increasing investments in HTS communication, the rise in the number of satellite launches, and the growing use of satellites for remote sensing applications. However, high initial investments are hindering the market growth.

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, among others. Request a sample

Market Segmentation

• Based on type, the market is segmented into NOC equipment, VSAT equipment, antennas, power units, and others. The NOC equipment segment accounted for the largest share of the market in 2021.
• Based on geography, the market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. North America held the largest share of the market in 2021.

The satellite internet market size is expected to increase by USD 2.70 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 13.34%. The growth in the number of IoT devices is notably driving the satellite internet market growth, although factors such as bad weather may impede the market growth.

The satellite transponder market size is expected to increase by USD 6.05 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.34%. The rising adoption of HTS Technology is notably driving the satellite transponder market growth, although factors such as environmental interference may impede the market growth.

Technavio's library includes over 17,000+ reports, covering more than 2,000 emerging technologies. Subscribe to our "Basic Plan" at just USD 5,000 and get lifetime access to Technavio Insights

What are the key data covered in this satellite ground station equipment market report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive satellite ground station equipment market growth during the next five years
• Precise estimation of the satellite ground station equipment market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the satellite ground station equipment industry across North America, APAC, Europe, South America, and the Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information on vendors

• Comprehensive details of factors that will challenge the growth of satellite ground station equipment market vendors

Browse for Technavio's information technology market reports

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments 
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type 
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 NOC equipment - Market size and forecast 2021-2026
• Exhibit 28: Chart on NOC equipment - Market size and forecast 2021-2026 ($ billion)
• Exhibit 29: Data Table on NOC equipment - Market size and forecast 2021-2026 ($ billion)
• Exhibit 30: Chart on NOC equipment - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on NOC equipment - Year-over-year growth 2021-2026 (%)

• 5.4 VSAT equipment - Market size and forecast 2021-2026
• Exhibit 32: Chart on VSAT equipment - Market size and forecast 2021-2026 ($ billion)
• Exhibit 33: Data Table on VSAT equipment - Market size and forecast 2021-2026 ($ billion)
• Exhibit 34: Chart on VSAT equipment - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on VSAT equipment - Year-over-year growth 2021-2026 (%)

• 5.5 Antennas - Market size and forecast 2021-2026
• Exhibit 36: Chart on Antennas - Market size and forecast 2021-2026 ($ billion)
• Exhibit 37: Data Table on Antennas - Market size and forecast 2021-2026 ($ billion)
• Exhibit 38: Chart on Antennas - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Antennas - Year-over-year growth 2021-2026 (%)

• 5.6 Power units - Market size and forecast 2021-2026
• Exhibit 40: Chart on Power units - Market size and forecast 2021-2026 ($ billion)
• Exhibit 41: Data Table on Power units - Market size and forecast 2021-2026 ($ billion)
• Exhibit 42: Chart on Power units - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Power units - Year-over-year growth 2021-2026 (%)

• 5.7 Others - Market size and forecast 2021-2026
• Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ billion)
• Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
• Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.8 Market opportunity by Type 
• Exhibit 48: Market opportunity by Type ($ billion)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 50: Chart on Market share by geography 2021-2026 (%)
• Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 52: Chart on Geographic comparison
• Exhibit 53: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 APAC - Market size and forecast 2021-2026
• Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Japan - Market size and forecast 2021-2026
• Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.11 Russia - Market size and forecast 2021-2026
• Exhibit 86: Chart on Russia - Market size and forecast 2021-2026 ($ billion)
• Exhibit 87: Data Table on Russia - Market size and forecast 2021-2026 ($ billion)
• Exhibit 88: Chart on Russia - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on Russia - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 90: Chart on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 91: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 92: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 93: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 94: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 95: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 97: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 98: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 99: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 100: Matrix on vendor position and classification

• 10.3 Baylin Technologies Inc 
• Exhibit 101: Baylin Technologies Inc - Overview
• Exhibit 102: Baylin Technologies Inc - Product / Service
• Exhibit 103: Baylin Technologies Inc - Key offerings

• 10.4 Comtech Telecommunications Corp. 
• Exhibit 104: Comtech Telecommunications Corp. - Overview
• Exhibit 105: Comtech Telecommunications Corp. - Business segments
• Exhibit 106: Comtech Telecommunications Corp. - Key offerings
• Exhibit 107: Comtech Telecommunications Corp. - Segment focus

• 10.5 EchoStar Corp. 
• Exhibit 108: EchoStar Corp. - Overview
• Exhibit 109: EchoStar Corp. - Business segments
• Exhibit 110: EchoStar Corp. - Key news
• Exhibit 111: EchoStar Corp. - Key offerings
• Exhibit 112: EchoStar Corp. - Segment focus

• 10.6 Gilat Satellite Networks Ltd 
• Exhibit 113: Gilat Satellite Networks Ltd - Overview
• Exhibit 114: Gilat Satellite Networks Ltd - Business segments
• Exhibit 115: Gilat Satellite Networks Ltd - Key offerings
• Exhibit 116: Gilat Satellite Networks Ltd - Segment focus

• 10.7 GomSpace Group AB 
• Exhibit 117: GomSpace Group AB - Overview
• Exhibit 118: GomSpace Group AB - Business segments
• Exhibit 119: GomSpace Group AB - Key news
• Exhibit 120: GomSpace Group AB - Key offerings
• Exhibit 121: GomSpace Group AB - Segment focus

• 10.8 Norsat International Inc 
• Exhibit 122: Norsat International Inc - Overview
• Exhibit 123: Norsat International Inc - Product / Service
• Exhibit 124: Norsat International Inc - Key offerings

• 10.9 NovelSat 
• Exhibit 125: NovelSat - Overview
• Exhibit 126: NovelSat - Product / Service
• Exhibit 127: NovelSat - Key offerings

• 10.10 Singapore Technologies Engineering Ltd.
• Exhibit 128: Singapore Technologies Engineering Ltd. - Overview
• Exhibit 129: Singapore Technologies Engineering Ltd. - Business segments
• Exhibit 130: Singapore Technologies Engineering Ltd. - Key offerings
• Exhibit 131: Singapore Technologies Engineering Ltd. - Segment focus

• 10.11 Terrasat Communications Inc 
• Exhibit 132: Terrasat Communications Inc - Overview
• Exhibit 133: Terrasat Communications Inc - Product / Service
• Exhibit 134: Terrasat Communications Inc - Key offerings

• 10.12 Viasat Inc. 
• Exhibit 135: Viasat Inc. - Overview
• Exhibit 136: Viasat Inc. - Business segments
• Exhibit 137: Viasat Inc. - Key news
• Exhibit 138: Viasat Inc. - Key offerings
• Exhibit 139: Viasat Inc. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 140: Inclusions checklist
• Exhibit 141: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 142: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 143: Research methodology
• Exhibit 144: Validation techniques employed for market sizing
• Exhibit 145: Information sources

• 11.5 List of abbreviations 
• Exhibit 146: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio