A ground station is a terrestrial radio station designed to provide a connecting path for telecommunication of spacecraft with the end-user devices. Ground stations are established on the earth surface and these communicate with the satellites in real time by transmitting and receiving radio frequency waves. The ground station includes several elements such as antenna system, telemetry, tracking and command (TT&C) equipment, control center, RF equipment, and gateways, among others. The establishment of a ground station depends upon multiple aspects such as application of satellite, coverage, orbital path, data rate, cost, and accessibility, among other factors. Apart from these ground stations, there exists customer equipment which communicate directly with satellites or through gateways of ground stations. These customer equipment are used at consumer’s end and constitute a huge portion of global space ground station equipment market.
Read Report Overview: Space Ground Station Equipment Market
The global space ground station equipment market analysis by BIS Research projects the market to grow at a significant CAGR of 4.32% by value and 3.81% by volume, during the forecast period from 2019 to 2024. North America dominated the global space ground station equipment market in 2018. Major countries such as the U.S., the U.K. and China are the most prominent countries in the space ground station equipment market. During the forecast period, the Asia-Pacific is anticipated to grow at the highest rate due to an increasing requirement of satellite connecting infrastructure to attain sustainability.
Factors Affecting the Global Space Ground Station Equipment Market:
The space ground station equipment market has been witnessing a high growth rate owing to significant increase in satellite launches and increasing adoption of high throughput satellite (HTS). The increase in demand for telecommunication all over the world is driving the satellite market. Development for technologies such as Internet of Things (IoT) and 5G are compelling the upgradation of high capacity modems, antennas, amplifiers, frequency converters, bandwidth optimizers, and many other ground station equipment. Consequently, the ground station equipment market has been increasing year-on-year. The growth is also resulting in emergence of new players such as Leaf Space, Infostellar, among others in the space ground station equipment market.
With the huge growth in small satellites, there has been an emergence of new companies which are increasingly investing in the development of ground station network for small satellites. For instance, Leaf Space, an Italy-based company founded in 2014 has four operational ground stations in Lithuania, Italy, Ireland and Spain as of November 2019, and is planning to expand it further to 20 ground stations by late 2020.
Space ground station equipment serve base for satellite communication services such as fixed and mobile satellite services. Fixed satellite service is the dominant segment in the market due to high penetration of dish TVs, globally. Mobile satellite service segment is anticipated to witness the highest growth during the forecast period owing to rising demand for equipment that can enable connectivity while in motion.
Space ground station equipment cater to different end users such as government and military, commercial, consumer, and enterprise. Consumer is the dominant segment in the market due to high adoption of satellite dish and navigation equipment. Enterprise segment is anticipated to witness the highest growth during the forecast period owing to anticipation of high adoption of satellite terminals which will enable them to incorporate automation with seamless flexibility to switch between terrestrial and satellite connectivity.
Competitive Landscape:
Space ground station equipment is one of the moderately competitive markets, with the leading players contending against each other to gain a greater share in the space industry. The competitive landscape of the space ground station equipment market exhibits an inclination toward companies adopting both organic and inorganic strategies such as business expansions, partnerships/ agreements/ collaborations, product launches, and acquisitions, among others. Innovative product launches, precise and secure systems, pricing strategies, emergence of start-ups, and partnerships, among others are some of the key initiatives undertaken by companies to maintain competitive edge, thus boosting the overall growth of the market.
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Some of the key players in the global space ground station equipment market include Comtech Telecommunications Corp., Echostar Corporation, Gilat Satellite Networks, GomSpace, Inmarsat, Kratos, Kongsberg Satellite Services, Marlink, Infostellar, Swedish Space Corporations, Thales Group and Visat. These companies are undertaking a wide range of approaches such as product launches and collaborations, to expand their business and remain competitive in the market. Moreover, a number of startups are venturing into the market to provide space ground station equipment to the end users.
